Shall update today since I will be overseas thru end August :)
Interesting month. My investment portfolio shot up, thanks to REITs carrying the bull run. Analysts intense marketing of REITs as Fed opens doors to interest rate revision in Sep. Though no promises, I think most investors would be positive of a medium term uptrend for REITS, which makes some of them worthy of entry.
I am tempted to enter some, but come to think of it, I should diversify my mix with other sectors. Having pulled out of semicons, I have a bit of funds to deploy into the next one. Thinking whether to add back Boustead and UMS when they come back down, or should I shop for others...
Outlook near term is bleak, so I should remind myself to wait, and wait, before entering.
Trading portfolio didn't do as well. Although I cashed out a few profit trades, kinda dumped the losing ones in a corner to accumulate unrealised losses. Hoping to use my cash outs to add and lower average price.
I have some funds on hand, thinking which others to enter and work on the timing. So far my win trades were all due to rising tide, but its time to do technical Trading and profit cos of technique, not rising tide.
Update #45:
