2022: A test of conviction
2022 is a painful year for many. Almost all investment classes from stocks to bonds andeven cryptocurrencies plunged. Markets from US to HK to SG fell as well. My portfolio was not spared too. On tiger brokers, my portfolio is largely in the HK/CHN and SG market. HK for the tech and China broad marketand SG mainly the SREITS to target growth and dividend respectively.
I only exited $WILMAR INTERNATIONAL LIMITED(F34.SI)$ this year when it was at a high when the war broke out and made a tiny progit. Original plan was to buy back when it hits $3.80 but there were other stocks that was hit then and I prioritise my SREITs again. Looks like it's too late to add back now butwe shall see.
No losses this year as I have yet to sell losing positions. My biggest regret is not selling $SATS LTD.(S58.SI)$ when it was $4.80 as Iwas waiting for $5 to exit so that I can profit a bit more. I bought this purely as part of the reopening theme then. In some sense, it was for fun and not really serious investment to me. Now, I'm just a bag holder. I have not considered if I would want to average down at this point as again, I prioritise the SREITS whenever the broad market ishit and I have cash to buy. Learning point? Don't be greedy. Better to have smaller profit than a loss....
As I look back at 2022, lessons learnt:
1) always be clear on investment horizon. Don't panic when market is hit. This is a good buying opportunity if the stock is good and you still believe in the long term potential of the company/ market. I averaged down on many of my blue chip SREITS, the China broad market of top 300 companies as well as $TENCENT(00700)$ .
2) don't be greedy. If hit target price, sell and take whatever profit. similarly, when targetprice is hit, buy. Can never time the bottom. I regretted not buying some of the SREITS when it bottomed like $CapitaLandInves(9CI.SI)$ when it hit $3 as I was waiting for it to go further down.
3) don't FOMO. Sometimes, the train returnsfor you eg Apple. I did not buy when it was $130 but did not FOMO when I missed the train and buy at a higher price. We shall see ifI can add it this time around.
Overall, my portfolio is red but not too worried. expecting a turnaround in 2H of 2023 orlatest 2024. This storm too shall pass!
Enjoy the holidays everyone! Good health is the best wealth and we can all count our bleswings as we reflect on the year.
Comments
多数可以这么认定，但是股票可以在今年更早的时间选择短期波段或者日内，加密货币我也可以选择做短期量化交割，根据市场的情况来控制自己手上的资金才是最佳选择
只是对我而言自己的发意见发表
大家圣诞节快乐
My portfolio… SG 🍀🍀, overall US 🍀🍀, UT 🍀🌸
Cheers to good health & 🍀🍀🍀🍀🍀🍀🍀🍀🍀🍀🍀