Introduction
I was so busy with another two investment accounts. So I did not do anything for this account during crash and rebounce from February 20 to April 19, 2020. I have to review the portfolio and simplify the positions, so that I can easily rebalance when market swings.
Case study
Right now, the market value is still less than book value last April 2019 I started to build the portfolio.
Actionable Items
I should just sell everything in the portfolio this January. And then I set up a portfolio around March 23, 2020. I should set up 80% equity and 20% bond. Now I can sell all positions, and wait another 10% drop at least.
I will sell it before the market goes down from March 17 highest point 20%. And I will think about reorganize the portfolio.
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