Feb 2018 Portfolio Update and Transaction

February hasn't really been a good month for my portfolio due to one particular stock in it which I didn't get to let it on time and the price has dived down due to an announcement of profit guidance. This stock is design studio as I have mentioned it in my previous post.

For the month of February, I added a counter to my portfolio, Singtel (SGX:Z74). I purchased it at a price of $3.53 on 1st Feb. Together with commission, the average was $3.547.

 

For the next few months, there won't be much movement on my portfolio as I am planning to build up my cash on hand before making purchases. In the meantime, I will still be on the lookout and if any opportunities, I might deploy some cash.

In this month, its the first time I am in red due to the drop of design studio, first time where the value of my portfolio is lower than it's cost. Timing matters and I have been able to witness that a drop in prices can happen swiftly and drastically. I have decided to read up more on stop loss and position sizing.

For the month of March and April, I have quite a few assignments in school to be completed and stress is building up, for example this coming week will consist of a 20% short answer quiz and a presentation on Thursday worth 30% followed by an essay the following week. Whew! Can't wait for it to be over especially this coming week. Wish me luck as I do have some fear of presentations where I would shiver with a shaky voice. In the meantime, HAPPY MARCH AS IT IS ALSO THE MONTH OF MY BIRTHDAY! HECTIC MONTH!