I held $471,000 USD in US growth stocks on Tuesday. I sold $135,000 over the past two nights and realized a loss of $5,000.
I am still holding another $335,000 in these stocks with an unrealized loss of $78,000. The largest loss are in Crispr Therapeutics, Editas Medicine, AquaBounty and Urban Gro.
I intend to sell the remaining growth stocks over the next two weeks - to avoid a possible market crash.
I will reinvest the proceeds in China stocks (available in the HK exchange) with price earning ratio below 7 and dividend yield above 3%.
Tan Kin Lian
Note - I am sharing my thoughts on what I intend to do with my stocks. Do not take my views as investment advice.