Was thinking, considering that this is a not-so-good year for stocks, would it be better to settle for a target of 10% profits instead of 15%? And to try to get out of the remaining stocks with minimal losses to wait for a better opportunity.
Sunday, June 01, 2008
Portfolio Update dtd 01 June 08
Did a quick contra with Ausgroup, bringing total profits to about 8.28%.
Remaining portfolio looks pretty red now, esp the S-Shares sector. Not much choice but to hold and wait it out.
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