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I Took Profit
By Invest For Yourself  •  June 6, 2020
In the last one week, STI ETF rose by 10% and my portfolio gained about 5%. I rode the climb with STI and took profit on some of my holdings along the way. I sold across the board – STI component stocks, S-Reits and some HK and US stocks. I was not so sure whether we have already gotten over the worst impact from COVID-19 yet. Hence, I trimmed my portfolio and traded around some of my core stocks. When I reviewed my portfolio earlier today, I realised that I was able to keep the same ratio between foreign versus local stocks. It was not a deliberate attempt but it is a good outcome that I like. My HK and US stocks combined make up about 28% of my equity portfolio and I hope to increase them further in the coming months. The ratio of my index to equity portfolio...
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