Wednesday, 27 August 2014

Taking a pause...

For the past 18 months or so i've been adding a regular monthly purchase of HK and China Index tracker ETFs to my investment portfolio.

Given the recent rallies in both markets and my growing exposure to them, i've decided to take a pause after this month's purchases & cancel the standing monthly orders.  It is tempting to sell what i have and lock in some healthy gains, but the reality is there is nothing better to do with the cash at the moment.

Instead i'll hold what i have and see where the market goes.  If there is a material pull back i may restart the purchases, if the rally continues i'll reassess whether it makes sense to lock in the gains and look for alternatives.

In general my cash balances are still probably too high, but it doesn't feel like the right time to be buying into equities at the moment. I am still considering potential property purchases as an alternative.

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