Sold Boustead a few days ago at 59c. Its a low beta stock, so convert it into cash which can buy something that goes up more.
The only stocks I have now are my dividend portfolio, and IAG which has fallen too much to sell (I would consider buying it now if I didn't own it).
I have SGD 250K invested, and 500K in cash.
I think the bear market is not over yet. I am following Hedgeye for market timing. They called market crash before it happened.
For the dividend portfolio, I will continue to slowly buy dividend stocks if they drop further. Targets are FCT and MCT. My trades are recorded in InvestingNote.
For the rest, I am building up a list of stocks to buy. I'll post them here on this blog, for the liquid ones. I will buy when Hedgeye calls a turn. This may be one or 2 months after the bottom - following this strategy means I may end up buying after some big up days. Can't expect to get the bottom.
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