If you have been following my blog posts, you will know that I have made 3 sell transactions this month. I have sold off Sheng Siong, Cambridge Industrial Trust and MobileOne Limited (M1). My investment thoughts have slightly change a bit this month and I shall share with you why this is so.
Previously, I have been accumulating stocks which means I have always been buying but not selling. Most of the stocks that I have accumulate are either REITS or business trust because that is where the accretive dividend yield is. One of the thing I missed out doing is housekeeping. When more and more stocks get added to my stock portfolio, I find it hard to manage. Certain stocks in my portfolio has under performed but I am not aware. Thus, this month, I decided to do some housekeeping and also reduce the number of stocks in my portfolio. The ideal number of stocks is around 20. (more…)