I've been quite worry about recent overweight on GENM. The return is small (few hundred to few thousand) compared to core stock return (range from 20-50k) and the risk is higher too than core stock, which cum with dividend.
After get rid of GENM, the portfolio is lean and will add new core stock soon.
Your core stocks are pennies compare to GENM. Of course in term of % return also penny would prevail as the volume you hold in penny will be much more higher. To me, irrespective whether what you trade so long it generate income is good enough. So far your strategy work very well for you, keep up the good work. :)
4 comments:
Just sold off all GENM at 2.74-2.75; realize T+2 loss, T+1 gain = net still realize few hundred gain :)
wow, not bad. :)
Manage to turn from -ve to positive.
Well done.
Market still look sluggish despite up is US market. :(
I've been quite worry about recent overweight on GENM. The return is small (few hundred to few thousand) compared to core stock return (range from 20-50k) and the risk is higher too than core stock, which cum with dividend.
After get rid of GENM, the portfolio is lean and will add new core stock soon.
Your core stocks are pennies compare to GENM. Of course in term of % return also penny would prevail as the volume you hold in penny will be much more higher.
To me, irrespective whether what you trade so long it generate income is good enough.
So far your strategy work very well for you, keep up the good work. :)
Post a Comment