Portfolio Performance Review (Apr 2021)
Total Portfolio P/L
 |
| As of 30th April 2021 |
Total Portfolio Unrealized Gain: $85.55K
Portfolio Market Value
 |
| Portfolio Market Value (excluding Cash and SSBs) |
Looking back at my performance back in April which reached
all-time high, and I will be missing all the unrealized gains as I will
probably return them back in May. I am not a believer of taking profits and
reentering later when the price dips. Time in market is more important to timing
the market in my opinion. As my portfolio gets larger, I also do not think it
is practical to liquidate my portfolio just to time the market. The commission fees
will probably be in the thousands of dollars, and note that it will incur fees
again when re-entering the market. These are the reasons why I always hold
through regardless of the market conditions.
The selloff in May continues to extend throughout the week.
It started with the US market selloff triggered by inflation fears. The selloff
then hits the crypto market after Elon Mask suspends purchase using Bitcoin
coin. Lastly, Singapore will be entering circuit breaker 1.5, and this triggered
another round of selloff in the local market. The only stock that is now supporting
my core portfolio is Sheng Siong. Lucky, the US market has started to rebound
by this time.
I have been buying for the whole month of May for the US and
crypto portfolio in very small tranches. I will be starting to buy for the local
market. As always, pace your purchase and not all in at once as nobody can predict
how long the dips will last.
Stay safe and invest safely.
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