To all of Investor Monkey’s visitors, thank you for all the support so far. As I am currently busy trying to do a major revamp of my website as well as kickstarting my web design business at the same time thus I had been very inactive since April 2016.
The website continued to serve you all news that is relevant to my portfolio and I am glad that I do see quite a number of you (through my Google Analytics) had returned to my website constantly to see if there are any updates.
You may have realised that there is a major change in the theme of my website. This is because I had to change to a new hosting server and I did not wish to move the theme over so as to constantly remind myself to quickly settle my business website and then create my own new theme for Investor Monkey.
What to expect from the next change?
I have not really given a serious thought on where I will be bringing Investor Monkey to. Maybe I should during the Christmas holidays. But one thing for sure, I will be doing a monthly update of my portfolio as what I had did in the past before I took the long break.
You will probably be expecting weekly articles on my personal view of the market.
For those who are always back to my old site for news update. Do you still want them? Do drop me a comment below if you prefer to have them back.
An Update to My Portfolio
Because of an upcoming commitment coming up, I was forced to cut some of my positions. It was a tough decision to make as I had absolute faith in all the companies that I had invested in.
However, I do need to cut around $500 worth of my investments and freeze new investments, at least till next year.
The cut in the investments is really a move that I did not anticipate. I truly believe in investing in money that I would not need in the longer future (at least 10 years) and thus by cutting it, it really broke this “rule”.
So what did I cut?
Well, after much research, I decide to go for Clorox Co. (NYSE:CO). Not because it is no longer a company worth holding but because the investment is in the red. It was the least strong investment in my portfolio and thus I had no choice but to reduce my investment in the company.
As mentioned, I would be freezing any new investments till at least next year, thus from now till at least next December, I will not be increasing my investment portfolio, except for the DRIP shares.
Till my next update in January. Happy Investing!