Objectives of this blog:
1) Plan for my retirement.
2) Journal my way to financial freedom for my family and me in Singapore.
3) Share my financial knowledge and wealth management in an easy to understand way.
My current aim is to generate a passive income of $3000.
Sunday, November 27, 2011
Diversifying my investment portfolio.
For those who have been following my investment blog would have noticed that I have been doing quite a number of transactions in the last few weeks. The reason is mainly to diversify my investment portfolio after seeing that many good stocks have fallen greatly in prices since last year.
For a summary for the changes in my portfolio, I have reduced my Singtel holdings from 72% to 50% of my portfolio with 15% diversified to SIA and 7% diversified to Singpost.
I will continue to diversify until I will not have more than 30% of my portfolio invested in one stock alone.
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2 comments:
You decision to diversify when the stock market presents you with the good opportunity to do so. Wise decision.
Hi Createwealth8888,
Thank. I will try to reduce my reit position too as I am seeing more value in other stocks.
Regards,
Freedom Achiever
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