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Monthly Portfolio Update: August 2020
By KaChinging  •  September 5, 2020
I have made some changes to my portfolio... For SG stocks:
  • Cut loss on First REIT at $0.43 per share: Should have done this a long time ago when its sponsor made decisions without notifying the management. Definitely don't like the sound of my investment running around like headless chicken.
  • Withdrew my money from AutoWealth: Though AW made me a 12% profit (probably even more had I diligently DCA into it), just felt that the money could be better invested elsewhere. Yeah I know, it is kinda ironic. AW is doing better than my portfolio yet I went to sell? Read on to know more.
For US stocks:
  • Sold Altria at $44.40 per share
  • Cut loss on Molson Coors at $38.50 per share
Originally, I invested in these two stocks was to test a theory of mine so I kept them as tiny positions in my portfolio. It didn't work out well and these businesses appear to be struggling hence the clean up....
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By KaChinging
Engineer, 90s Baby, Newbie Investor, INTP, Sandwich Generation, Live to Work not Work to Live, Singaporean KaChinging is about a young working adult venturing into the unfamiliar world of investing to alleviate the burdens of living expenses, reduce reliance on monthly salary and hopefully achieve financial independence.
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