I have sold all my Pantech shares at small loss (-1.7%) earlier this year at 94sen. Now it has rebounded to RM1.08. So I still make bad decision. The only thing I can hope for is to make more correct decisions than wrong decisions.
I bought Asiapac in April after studying it in detail, probably due to adrenaline rush at that time even though I resist to buy more property stock. My intention is to hold it until year end but was forced to sell much earlier with a small gain of 12%.
If you think this is an extremely good gain then take a look at a non-fancy plastic tray & cup manufacturer SCGM in which its share price has rallied 155% from 90sen to RM2.30 for the last 6 months.
Of course there are still other stocks which perform much better than SCGM in this period of time.
|Stocks||End Dec13||End Jun14||G/L (%)|
Besides, a few stocks that I have been watching closely have registered better gain. It is opportunities lost and I just can't stay too disappointed as in investment, you just can't win every time.
In average my portfolio gains 47.2% in 1H14, which is on course to achieving my target of beating the KLCI index at year end. This result is far above my expectation, helped by lucky breaks of Inari & Tambun.
Buying is always easy. If I do not resist myself from buying stocks, definitely I will end up with more than 10 stocks now.
I have another chance to get personal loan at low interest rate but I decided that it's time to avoid debt and accumulate cash seriously. However, it is hard to tell whether not buying is good or bad at this time.
Sell to lock in the profits is not a bad idea actually, especially when the bull seems to be a bit tired after so many years of marathon run.