Portfolio Update: Screaming for Cash
Boring Portfolio
Stock: US$75,893.00
Cash: US$364.85
Total: US$76,258.85
The decision to move into the FMCG company appears to be worth it, as the stocks began to stabilise. The system I am using, however, is still screaming for cash - it is out of ballast, out of bullets, even as it sees opportunities and targets everywhere. Yes, surprising, it is still flashing a "Buy" signal for the portfolio. Too bad it is out of cash, and I will not deviate from the system.
QQQ Portfolio
Stock: US$82,513.20
Cash: US$6,585.55
Total: US$89,098.75
The QQQ Portfolio flashed a "Sell" signal, and I promptly took profits. It is interesting to note the conservative nature of this portfolio (even though it is used to buy up a violatile tech-based QQQ), how it sought to preserve capital at all costs. QQQ was $54.01, compared to its present $36.18. Had I been fully invested, I would have lost 33% of my value. With the ballast system, I lost 10.9% of the value. But did I mention that I am now at 2280 shares compared to the 920 I bought originally? Had I been fully invested, I would be holding on to 1850 shares today.
Stock: US$75,893.00
Cash: US$364.85
Total: US$76,258.85
The decision to move into the FMCG company appears to be worth it, as the stocks began to stabilise. The system I am using, however, is still screaming for cash - it is out of ballast, out of bullets, even as it sees opportunities and targets everywhere. Yes, surprising, it is still flashing a "Buy" signal for the portfolio. Too bad it is out of cash, and I will not deviate from the system.
QQQ Portfolio
Stock: US$82,513.20
Cash: US$6,585.55
Total: US$89,098.75
The QQQ Portfolio flashed a "Sell" signal, and I promptly took profits. It is interesting to note the conservative nature of this portfolio (even though it is used to buy up a violatile tech-based QQQ), how it sought to preserve capital at all costs. QQQ was $54.01, compared to its present $36.18. Had I been fully invested, I would have lost 33% of my value. With the ballast system, I lost 10.9% of the value. But did I mention that I am now at 2280 shares compared to the 920 I bought originally? Had I been fully invested, I would be holding on to 1850 shares today.
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