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2800 or individual shares?

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  1. #1

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    2800 or individual shares?

    So what's your thoughts?

    I've started to sell a bunch of my individual shares, but still hold on to some, the amounts are not massive (ranging from HKD80k to HKD10k).

    At present I own the following that are just sitting there:
    AIA
    Hang Seng Bank
    HK Electric
    HSBC
    Legend
    Power Assets
    SCB
    Tencent
    Link

    Overall the above have done pretty well. I will however offload SCB and Legend very soon. I may sell off a bit of Tencent though.

    I also have the following on MIPs (all around HKD5k for these, apart from Tracker):
    CKH
    New World Dev
    MTR
    Sino Land
    China Mobile
    Sands
    Tracker

    What are your thoughts on keeping, selling, buying more?

    My view is I'll keep the core few, but ditch the MIPs shares as I move to a more worldwide EFT base.


  2. #2

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    Hasn't the bulk of the 2800 performance come from less than 10 shares?


  3. #3

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    Original Post Deleted
    Point taken, however a lot of worldwide ETFs will include Hong Kong as part of their developed market. But like I said, I'm still deciding how to structure things. And yes the above are all good dividend paying shares.

  4. #4
    Quote Originally Posted by pin:
    Point taken, however a lot of worldwide ETFs will include Hong Kong as part of their developed market. But like I said, I'm still deciding how to structure things. And yes the above are all good dividend paying shares.
    might be mistaken but 700 pays less than 0.5% whilst 2888 hasnt issued for a few years

    though 700 has done very very well this year

  5. #5

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    Quote Originally Posted by aussie_oi_oi_oi:
    might be mistaken but 700 pays less than 0.5% whilst 2888 hasnt issued for a few years

    though 700 has done very very well this year
    2888 has been a dud, I just keep on forgetting to sell it.

    700 has gone through the roof!

  6. #6

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    For what it's worth I manually construct the Hang Seng Index by buying the underlying shares instead of buying the ETF. I did this for a few reasons that arent really worth mentioning here but one nice side benefit is that I don't need to pay the management fee.


  7. #7

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    Quote Originally Posted by pin:
    2888 has been a dud, I just keep on forgetting to sell it.

    700 has gone through the roof!
    You realise what you're describing is a buy high, sell low strategy right?

  8. #8

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    I have not analysed ten cent in great detail but I like the fact that they are in epayments through Wechat.
    So I might buy some some day, and break my own rule....


  9. #9

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    Quote Originally Posted by cendrillon:
    You realise what you're describing is a buy high, sell low strategy right?
    I bought 700 low, thinking of selling high!

    2888 is another story altogether and is more of a cut losses situation.

  10. #10

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    Quote Originally Posted by pin:
    I bought 700 low, thinking of selling high!

    2888 is another story altogether and is more of a cut losses situation.
    Your post made it seem like you're really happy with 700 and inclined to hold it, since it went up, and unhappy with 2888 and inclined to sell it since it went down. All you need to do is sell your loser (2888) and put the money in your winner (700) and this is exactly buy high, sell low.

    Human psychology is extremely poorly equipped to deal with investing. If you start making active investment choices you can fall into many traps. This is why 95% of actively managed funds underperform the index, and those are the 'professionals'
    shri likes this.

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