Summary of August 2024
Stock Portfolio @ End of Aug24
Even though KLCI gained a handsome 3.27% in the month of Aug24, my portfolio shrunk by a massive 12%.
All the stocks in my portfolio suffered loss. The worst was Gtronic which dived 32%. It continues to dive in Sep24 after the resignation of its auditor KPMG.
Most of the tech related stocks suffered badly in this month with more than 10% drop. A lot of them has plunged ~30% from their peak this year.
As I was short in cash, I have to sell some stocks.
In hindsight, I should have sold half of my shares in EUPE, LEESK & Fajar earlier. If I did that, I should be able to sit on a good amount of cash and get ready to shop during market correction.
You can't always got it right all the time in stock market. Lessons can be learned and unlearned.
