Skip to content

Dow erases losses of 2020

Another good day for the stock market. Down closed at 28653.87 and all three are in the positive zone for 2020. Some say the market is in a bubble zone and it has to pop soon. No one knows when this rally will stop but I don’t think it’s wise to fear the next market crash and sell everything to hold cash. Time in the market beats timing the market. There might be some minor corrections but I think we will see an upward trend till the election at least.

I made some changes to my portfolio again. I removed some sectors I didn’t know too well and decided to focus on stocks that I think will outperform other sectors. I made the following changes.

  • Sold all stocks in Real Estate – EQIX, DLR, CSGP, AMT, WY, PLD
  • Sold all stocks in Health Care – UNH, TMO, JNJ, ABBY, ABT
  • Sold all WMT – I know they are trying to innovate but AMZN has more potential IMO.
  • Sold all SPCE – This was a SPAC stock I had in tech. There are too many unknowns for me to keep investing.

Below is the detail of the portfolio change.

Account activity on 8/27/2020

My Portfolio is now at $12937.78.

Portfolio value as of 8/28/2020
Account activity on 8/28/2020
My Slices as of 8/28/2020
OMW2FI Portfolio Growth Tracker

Values and Performance by slices

Published inStocks

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *