But it’s harder not to.
Buying a counter is easy but selling it is hard when there is not much change in its fundamental. However, with my US portfolio hitting a high of 42%, I decided that to use this opportunity to rebalance my cash/equities and SG/US ratios. Unlike previous years, my active income barely covers my expenses this year. So taking money off a heated market to provide a boost to my cash balance make sense to me.
On average, I trimmed about 20% off Apple, Arista Networks, Shopify, SaaS mini fund and US micro-cap fund. The table below shows the details.
| Counter | Average Price | Sold Price | % Return | % Sold |
| Apple | $78.69 | $131.85 | 65% | 15% |
| Arista Networks | $203.40 | $289.08 | 41% | 27% |
| Shopify | $761.30 | $1234.67 | 57% | 13% |
| Alteryx (SaaS) | $125.62 | $131.66 | 4% | 100% |
| Crowdstrike (SaaS) | $117.14 | $220.25 | 85% | 20% |
| Paycom (SaaS) | $277.14 | $467.00 | 67% | 100% |
| Teledoc (SaaS) | $141.60 | $204.00 | 42% | 100% |
| The Trade Desk (SaaS) | $287.36 | $940.08 | 224% | 25% |
| Twilio (SaaS) | $134.29 | $360.01 | 165% | 20% |
Alteryx, Paycom and Teledoc have the smallest positions in my mini fund, hence I divested them completely. For my US micro-cap fund, I divested completely the lowest conviction counters from the latest report by Motely Fools. I also divested a few under the normal conviction. The service has recommended holding on to all of them. However, given my limited fund, I decided to hold on to the higher conviction counters only.
With this exercise, cash holding increased from 20% to 24% and SG holdings increased from 65% to 68%.
Towards Financial Independence 