Inactive and Cautious

I have not been in the stock market for a while. The last transaction was carried out on 28 October and it was a sell order. Because I have a portfolio to start with, I see no reason to increase its size during this climate of uncertainty. Instead, I have been reviewing the portfolio and trimming it when opportunities arose when the Straits Times Index (STI) rose.

I took some losses on some stocks bought during the times when the STI was high. These losses come up to less than 2 per cent of the overall portfolio.

Copyright © 2011, limkimtong for Living Investment

The material presented is intended to be general and written in layman’s language as much as it is possible. The author shall not be liable for any direct or consequential loss arising from any use of material written. Please seek professional advice from your financial advisor or financial institutions on material written covering financial matters.

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