Portfolio Review
My portfolio performance in March was pretty horrendous, but still acceptable. At the dead lows of the month, I was looking at over 35% down in portfolio value, thanks to the panic selling in global indices.
The lucky thing is I came in at close to the lows of the market to take a position in many blue chip REITs, thinking that some of them look way way wayyyy too cheap. The subsequent over 20% recovery from the lows help offset earlier losses.
Overall portfolio value decreased 7.7% to $174,243 mainly due to market value losses of $34.6k, offset by $20k of capital injections.
Many transactionsThere were so many transactions this month. I would broadly classify them into 4 groups:
Selling to avoid losses – This category...
