Kok
07-05
The performance of my portfolio has been half decent. With a rate of return of 13.49%, I'm still trailing the returns of the S&P500 index.

Instead of putting my money into the S&P500, I've decided to do stock picking, thinking that I can do better. I did not buy heavily into $NVIDIA Corp(NVDA)$ as I thought it was overpriced. I bought into laggards like $Hershey(HSY)$ , $Paycom(PAYC)$ , $Estee Lauder(EL)$ , $Nike(NKE)$ instead, thinking that they will recover and turn around soon.

Not to mention I have part of my portfolio in Singapore REITs, which is yet to see signs of recovery. The only good thing is that they pay decent dividends so I've been putting these dividends back into the market to buy more stocks.

One positive is that I managed to make some money by selling put options. It's been a decent move in the current bullish environment.

I can only hope that the second half of the year will see better recovery for my lagging stocks

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Comments

  • DIAMOND009
    07-05
    DIAMOND009
    Good luck! [Bless] Recovery is possible! [Like]
  • CuritisCissie
    07-05
    CuritisCissie
    Nice strategy
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