As per my analysis on the weekend, I got out of the FNGS trade at a 6% profit. Could have been a lot more, but I missed the top on that.
And I reduced my exposure to Intel by half. I am not entirely sure whether to be in or out long term, but I don’t want to hold as much as I do.
I do not know what to do with that money. I’m going to hold on to it for now. Those Low-Vol ETFS look good too.
In the last couple of days, I’ve decided to push some more money into the market in a very conservative way. Extremely conservative. I put 13.5% of my portfolio in Canadian ultra-short-term bonds using the BMO Ultra Short-Term Bond ETF (ZST). BMO Ultra Short-Term Bond ETF has been designed to provide exposure to a diversified…
I decided to reduce some risks in the portfolio this week. Some of the Closed-End Funds that I invested in relied on junk bonds and unrated debt. I decided to reduce my exposure to the riskier end of the bond market. Goodbye to DSL, OPP, PHK, PDI. With interest rates higher and rising, I don’t…
It’s impossible to predict the future, especially the stock market. Even when the economy is bad, the stock market can do well. And it can certainly over-react to news at any time. And recover faster than anyone expected. So this is all speculation and there’s no way to predict the future. But let’s examine one…
Last night, my cash on hand was roughly 87.9% of my overall investment portfolio. That is, I had only 12.1% of my investable assets invested. I woke up today determined to get at least “step one” underway. To lower that cash a little bit. As I write this, my cash balance has fallen to 78.3%,…
When it comes to investments, the world is full of different asset classes. You have stocks, bonds, mutual funds, cash, bank certificates, real estate, commodities, cryptocurrency, art, and derivative investments just to name a few. When I first started this portfolio, I didn’t think much about that. I was mainly interested in dividend stocks. I…
Without going into details, I’ve decided to sell some of my investments in order to use the cash for something else. I had almost no warning of this opportunity being available, and had to act quick. Of course, I should have planned this better. Most investments that I have were profitable, so I am forced…
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