Quick updates on recent changes to Equity portfolio. Attained Potential $66k annual dividend with current equity setup after some re-balancing across the portfolio.
Tesla
Further reduced Tsla allocation to 11% on each upside swing in stages. The volatility is slightly too high for my comfort so is best to do it when the US currency in still in my favor. The latest sale is right after result which registered another fantastic quarter for Tesla. No doubt I am still learning on growth stock dynamics. Yesterday Netflix significant sell down is another reminder after Facebook (Meta Platform ).
Still bullish on Tesla however slowly realised that there is always drawdown which I can collect patiently when comes to Growth Stocks. Is 11% allocation just right ? Frankly I don't know. Maybe it needs to grow in lock step with the portfolio size. Each time Tesla go on upticks, it becomes top allocation in the portfolio and I will...