It was nerve wrecking to tabulate August's report as there was red ink spilt across the stock portfolio. I took the pain of cutting a loss making counter and subscribed to Astrea 9 bonds. This big negative will serve as a lesson in my approach to stock picking although it's mainly a fault attributed to wrong position sizing. The sunshine after fortunately came in the form of a bumper dividend collection. Add a bit of savings and the year to date portfolio improvement target rose slightly to 5.3% which indicates fair resilience. With four months left, there's room to add more investment assets hopefully.
If you have to look at the market price everyday, then you are not investing but gambling. Someone told me this recently and I beg to differ. When I was young, the thrill was to buy/sell for quick gains. Many years later, the total estimated profit was nearly zero. That was a shocking realization. What happened? I bought winners as much as losers even though I was supremely convinced before the action. Now, my perspective has changed in that I won't go for a hyped stock or IPO and instead focus on big caps only, or at least the bulk of funds are there. This applies to various asset classes. Even though that meant potentially missing out on good opportunities, I just have to look at a short list everyday and decide quickly if something is worth doing. This frees up time and brain space. Most importantly, I want to sleep well without worries.
Dividends as of August 2025: $6871.61 (avg $858.90 per month)
Tip: Opus Overture 2021, young berry jam, medium clean palate, slight underweight
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