Thursday, January 17, 2008
Some adjustment to my portfolio after this week's correction
This week the global market take a correction. HSI once fall below 25000 towards the 250-day line. I made the following changes:
Sold global and european funds (risk/return ratio become higher after subprime meltdown)
Bought BRIC and Asia infrastructure fund (20% discount compare to last month, good price!)
Bought some China fund (good price, 40% off peak)
Bought Commodities Delta fund (negative corr with major market to reduce risk)
Sold global and european funds (risk/return ratio become higher after subprime meltdown)
Bought BRIC and Asia infrastructure fund (20% discount compare to last month, good price!)
Bought some China fund (good price, 40% off peak)
Bought Commodities Delta fund (negative corr with major market to reduce risk)
