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Added Mapletree Industrial Trust
By Live Rich Life Free  •  December 10, 2020
initiated a small position of 3,000 shares in Mapletree Industrial Trust after cutting losses on Starhub back in June 2020. See post: Portfolio Rebalancing: Cut Starhub Buy MIT I have also explained why MIT is a Reit I do not dare to sell again. As the share price of Mapletree Industrial Trust has weakened in recent weeks, it presented decent opportunity to add shares. I decided to add a little more to make it 5,000. My strategy nowadays is to nibble bit by bit to steadily build up positions in good businesses or Reits, in a way using dollar-cost averaging. While I sometimes do look at technical charts to find good entry opportunities, as a long-term investor, I am not too concerned about short-term volatility unlike a full-time trader. Although the share price of MIT has retraced more than 20% to $2.80s since its high of $3.37 in Sep 2020, to be honest, it is still not attractive enough to throw everything in...
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By Live Rich Life Free
The purpose of this blog is for me to share my reinventions of how life should be lived and journal my journey towards financial independence. I believe that life is a story book. Each chapter contains 10 years of our lives. I am moving on towards mid 30s in 2021. As a nobody but somebody, I am in Chapter 4 of my story book. I hope to influence my philosophy of living a rich life freely and healthily with all of you. Embrace the future and empower freedom!
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