MY P/L challenge - Sept 2024

After a rationalisation exercise in July, my cleaned up and trimmed down MY portfolio looks much better now.  If you have not already observed, I have a bias for established companies that pays consistent dividends.

Upon further contemplation, I need to do another round of rationalisation when the time and price are right,  to switch out some counters that are over-valued, low profit margin and eroding EPS such as Nestle, Petron and PERDAG, for income-generating ones such as REITs. The rest, I'm happy to hold for long term, at least for now,  nothing is cast in stone.

I will top up only when I have new income. it's an important principle that I don't ever touch my emergency funds or use other people's money to invest.

The portfolios value not looking good in short term, but ASEAN and Malaysia are well positioned for growth and innovation (though I'm well aware of the various risks and challenges), so, I'm feel optimistic about the long term prospects