END SEP 2020 PORTFOLIO UPDATE

For the month of Sep, you may already know from my previous post that I've finally decided to add to my DBS position. I'm looking to add to UOB when opportunity presents itself. Overall, the purpose of my dividend portfolio is to keep adding to my positions on weakness so as to increase the potential size of dividends received in the future. 



However, the more eventful and exciting space continues to be in my trading space. For my U.S. trades, below is a summary;

1. Tesla- On the 2nd Sep 2020, I did an intraday trade (Buy US8419.26/ Sell US8980.54) for a quick profit of US561.28

2. TCOM- Held for 3 days (Buy US8569.26 on 11 Sep/ Sell US8881.54 on 14 Sep) for a profit of US312.28

3. TCOM- Helf for 7 days (Buy US5633.26 on 21 Sep/ Sell US6128.60 on 28 Sep) for a profit of US495.34

For my Japan trades;

1. FANCL- I closed my position for a profit of YEN69,939 (Buy YEN2,051,372 on 27 Aug/ Sell YEN2,121,311 07 Sep). 

For my Japan trades, I'm taking advantages of the low interest rate (my cost is ~0.8%) and doing loan drawn down to finance 100% of my Japan trades. With interest rate so low, it's a steal!

For my HK trades;

1. SMIC- took advantage of the volatility of this stock to (Buy HKD28,661.20 on 07 Sep / Sell HKD31065.60 on 16 Sep), profit HKD2404.40 



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