Exited INTC @ 25.00 and also TEF

 

 

I mentioned in a previous post that I was practising trading and one of my test counters was Intel. In round 1 I exited at $26.10 then after it crashed below $20 I bought a 2nd round and now after many ups and downs, I managed to exit at $25.00

https://buyaftercrash.blogspot.com/2025/03/market-rally-is-good-time-to-tidy-up-by.html

It is goes below $20 again, I will buy again. If it keeps on going up  (like ETHA is doing now), no regrets since the objective of trading is suppose to be to realise profits.... 

Separately, I sold some some more Telefonica since it has been hitting a 52-week high. I have one more batch of Telefonica to see then I will have exited it fully.

NVO bleeding, but overall portfolio staying afloat

 

I have about 1,000 NVO shares (including recent averaging down trades) so the current price means I am suffering losses on this counter. On the bright side, the winners are helping to cushion the impact of the losers so my portfolio is still afloat and outperforming the S&P500 YTD. 

I plan to hold onto NVO for the long term and maybe DCA a little bit each month. In terms of position sizing, I will cap it at US$100k.

Nike on the move, accumulating more LULU

 

The same JPMorgan analyst who downgraded LULU with a target price of $224 has upgraded NKE. Since I have a large holding of Nike, that's good for me. The Lulu downgrade also gives me an opportunity to buy more, with the price dropping below the JPMorgan TP of $224.

Finally Broke Even: 2800.HK

 

Thanks to the search function, I can find out that I started investing in the Tracker Fund of HK 2800.HK in July 2018. As the chart shows, this was near the peak, and thereafter there was a series of never-ending crashes. Given the grim chart, it might be reasonable to think that this is just one of the losses an investor has to take and hope that the gains from other counters would offset it.

However, for better or worse, I continued to RSP 2800.HK and benefited from using FSMOne's 0% commission promotion. Occasionally, I would buy some 'extra' over and above my RSP amount.

Finally, in July 2025, I have broken even with my 2800.HK holdings showing a +1.6% gain (in S$ terms). This is capital gain and excludes the annual 3.3-3.5% dividend yield from the HSI that I collected while waiting for the recovery. Keep calm and collect dividends, as the saying goes.

One might say that I could have made more money if I sold my 2800.HK at a loss and bought crypto or Tesla. I would say fair comment and there are some investors who are able to do that. For myself, I am happy if my worst performing counter (looking at the chart I don't think there's anything worse than this, considering the time I entered near the peak) is showing a profit. 

Patience and time in market are important lessons for investors to learn.  

My first purchase of 2800.HK in July 2018: BuyafterCrash: Strategy Report: July 2018

Performance July 2025

 

With S&P500 continuously hitting new highs in July 2025, I am happy that my portfolio has managed to keep pace. With 5 more months left in the year, there is still a good chance of a healthy correction which would be a good buying opportunity, but overall, 2025 is looking like a good year.

Time to buy REITs?

 

I mentioned in a previous post that my strategy was to accumulate World/US ETFs first because the outlook was bullish due to expected interest rate cuts. After World/US prices go up, switch to REITs as they will then play catch up.

In May 2025, with S&P500 constantly making new highs, I felt that REITs were primed to move so I bought a decent chunk of FLCT at $0.845 only to see the price drop further and S&P500 continue to make new highs.

BuyafterCrash: FLCT: Time to buy?

On hindsight, one can't time the bottom but at least I bought more at a decent price. Returning to today, FLCT has hit $0.885 and considering the $0.03 dividend that I received in the meantime, this means that FLCT has gone up 8.3% in 2 months. Nice.

With S&P500 hitting yet another high, I have continued my regular DCA of VWRD and VHYD this month, and also picking healthcare stocks which have crashed (NVO, GSK), but REITs are starting to look attractive.

I picked up Capland Ascott Residence Trust (HMN) and Capland (9CI, ok not exactly a REIT) yesterday but didn't manage to fill my FLCT order. Am looking at topping up a few more REITs today.

US portfolio news, sold ETHA, accumulating NVO

 For the purpose of learning trading, I had built up a small position in ETHA at about $15. I sold half at $22 and closed out the rest of the position at $24.50. It is since gone past $25 but learning to trade means pressing sell and realising profits. I hope to be able to re-enter at a lower price during a pull-back.

In the meantime, NVO's price has been languishing due to tariff related matters but it is finally available in Singapore:

I am still long term bullish on NVO and am taking this opportunity to continue to accumulate. 

My $100k+ worth of NKE is now green in terms of capital gain, and I have already collected a couple of dividends along the way. My UA is at about breakeven level and I continue to add to LULU.  The Indonesia tariff deal is reasonable news as it provides some certainty and is not a ridiculous %.