Thank you to all the readers who read my Portfolio Reveal article published in March. The response has been better than I expected! The article discusses how my investment strategy has evolved since I started investing 3 years ago, my portfolio reveal and the reasons why I hold certain stocks in my portfolio. You may read the article to find out more. In this article, I would like to provide some updates to my portfolio ever since this article got published 3 months ago.
Changes in Portfolio
The image below shows my portfolio allocation as of today. I have been cleaning up my portfolio over the past month by reducing and selling my less conviction stocks and ETFs, overweight stocks by allocation and added new positions.
One mistake that I have made is to continue averaging down my existing positions to reduce my average cost price, to the point that it has become overweight in my portfolio.