What I Will Do Now

 I’ve updated my portfolio. Below is the average and median returns of stocks and funds. Note that this is for unrealised profits only. Altogether, my returns over 12 months, Feb 2020 – Feb 2021, is 20%, including dividends, realised and unrealised profits / losses. About 70% of investments are positive.

 

Note that this is just for education and personal sharing. Please DO NOT blindly follow and do your own homework. My top performing 3 stocks are Meituan, Tesla and ARK Genomic Revolution.

 

 

 

 

Asset Type	Description	Ccy	Market Price	Last Price Date	Cost Price	Security Code	Country	Sector	Unrealised P/L %	Action	Remarks
Equity	Ordinary Share, Issuer: Meituan - CLASS B; Custodian: DBS Bank Hong Kong	HKD	414.2	03-Feb-21	145.5731	3690 HK	China, People's Republic of	Consumer Discretionary	184.53%	Took profit 1/4 because of over valuation
Equity	Ordinary Share, Issuer: Tesla Inc; Custodian: Bank of New York	USD	872.79	02-Feb-21	395.2279	TSLA UW	United States of America	Consumer Discretionary	120.83%
Equity	Exchange Traded Fund, Issuer: ARK Genomic Revolution ETF; Custodian: Bank of New York	USD	107.98	02-Feb-21	55.1133	ARKG UP	Multi-Region	Other	95.92%

 

 

Over 12 months, average unrealised return 24.2%. Median return 14.5%. Stocks’ average return is 23.6%. Median 10.7%. Funds’ average return 25.2%. Median return 24.5%. Note that stocks have lower returns because I tend to actively trade it because my portfolio is leveraged. In April, my leverage was 200% long, 80% short. It is now 125% long, 30% short. Hence, I’ve taken profit on average when stocks hit 15% return. The drawdown between Jan – Mar 2020 was approximately 18%, but recovered strongly since.

 

	12 months unrealised return
	Average Return %	24.19%
	Median Return %	14.49%
	Stocks Ave Ret %	23.55%
	Stocks Median Ret %	10.74%
	Funds Ave Ret %	25.22%
	Funds Median Ret %	24.47%

 

Stock markets did NOT correct as much as we expected. Most markets did NOT pull back to the 150 days moving averages. In the short run, markets are mainly random. We can only hope to buy stocks / funds / ETF at a discount to fair market value or when they reach support lines like the 150 days MA.

 

I will divide my action plan into 2 parts. Stocks / funds I will BUY NOW direct, and stocks / funds that are too high and I will sell put options via ELN / FCN to earn income while I wait.

 

Stocks I will buy now

 

From our Conviction List, there are 3 stocks that I will personally buy direct. They are AT or near the 150 days MA. The 150 days MA is also sloping upward, meaning long term trend is up.

 

1. Sales force,
2. Adobe
3. 9988 HK, Alibaba.

 

9988 HK chart

 

 

Adobe chart.

 

 

 

Stocks that I will do structures, sell puts, FCN, ELN on because they are good but overstretched.

 

1. Exxon Mobil
2. 2. QBE Insurance
3. Keppel Data Centre

 

They are on an uptrend, but they are above the 50 days MA. So it is risky to accumulate direct. I will do structures to strike about 10 – 20% below market value, preferably below the 150 days MA to earn 10 – 20% pa while I wait.

 

Exxon chart.

 

 

Stocks I personally won’t buy because they are trending down.

 

1. Lockheed Martin
2. Glaxo
3. Sanofi
4. Reckitt
5. China Overseas Land & Investment
6. Hengan

 

Fundamentally they are good. You can buy them now but it will take a while for them to rebound back. The trend is still down. They will be in my watchlist.

Lockheed Martin