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Journey To Retirement Part 20.1 — InnoTek
By ccloh Strategic Investor Zone  •  April 9, 2024
In the month of April 2024, divested InnoTek at price $0.4677 after holding it for almost 3 years.   It was acquired in May 2021 under the Strategic section of the Investment Portfolio at $0 cost.  With the divest, this resulted in a realized gain of +4.48% with reference to the cost of the Income section.  The amount of dividend collected so far was 0.21% with reference to the cost of the Income section.  This gave a total realized gain of +4.69% with reference to the cost of the Income section. Reason for the divesting is not on the bearish perspective of the stock market going forward but a strategic move.  Initially, it was an ease to accumulate more quantity at $0 cost but that became more and more challenging for the past 1 to 2 years.  As such, it is strategically wise to divest the holding so that the focus could be directed to other more meaningful strategic positions....
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By ccloh Strategic Investor Zone
Am a typical retail investor who started investing in stock market in 1993, the same length of period as SingTel was listed in SGX and ironically SingTel was my first vested stock. Back then was a passive investor and started to turn more active in stock market in 2006. A year later when I switched my engineering job to a finance related one, I became what commonly known as trader ( trade for living ) and at the same time also strongly believe in fundamental/value investing that is the way to growth wealth. In a way I classify myself as a "Strategic Investor". As a trader, I track market movement daily and as an value investor, I am always on the lookout for cheap bargain to hold for long term.
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