It's the month of February and I am using the long CNY weekend to slide in some updates on the portfolio before I will commence my new job.

I tendered my resignation not too long ago and am in the midst of serving my notice period at my current company. It has been a great learning experience since I've been in the company pre-covid days and I wanted to take on a slightly different set of challenges in the role hence the move. With a heavy heart, I will be leaving some of the really good working colleagues and culture but at the same time excited to be joining a new adventure ahead.

In the past few weeks, we've seen a lot of dramas in the stock market.

Just when I thought Mr. Market Trump has left the office and we'll be back to boring days in 2021, the market never ceased to surprise me as the short saga surrounding the Gamestop and AMC caught the world's attention and has provided me with many days of entertainment the past couple of nights.

Contrary to the many out there who were "punting" about the next move on GME, and are likely losing sleep, I am taking this opportunity to boost a couple of dollars into the portfolio through options that I sold for these plays. I documented this opportunity a couple of weeks ago here if you are interested to read it. Below are some of my plays for GME which has still open dates.

Given how frothy is some of the valuations in the overall market out there I actually consider this one of my safest plays at the moment.

Separately, I have also written an article on one of Tiger's new products last week on global mutual funds - "Fund Mall" -> Here. Do check it out if you are curious about it.

3Fs "Fund Mall" Account

Portfolio Updates

Ok, quick portfolio updates for this month.

Basically, I took the opportunity to sell out a couple of my holdings and positions in the portfolio given how frothy and bullish the overall market is at the moment. Even though most of the bullish play is concentrated in the crypto and spacs, we can see just how easy it is to make money in the stock market these days that it feels very predictable. Furthermore, we've seen a lot of new entrants into the market and media covering how a 10 or 12 years old kid can make multi-returns in the past few months.

I think these are all signs that signal to me something and I wanted to be a little more cautious on my position.

Most of my major REITs positions have announced results in the past few days so I am expecting a good amount of dividend to be paid out in the next few weeks. This will be a good welcome to boost the portfolio and to enjoy some dividend income.

I am not seeing too much opportunity in the market out there for a straight long position but am recently bullish on the freight and container companies out there which are seeing good demand and rates have increased pretty decently since Q4. I have some small position of play in a US company that is exposed to this sector.

Networth Updates

The equity portfolio continues to climb up slowly this month to $341,770, which is up from the previous month of $322,015.

While the goal is to continue pushing the portfolio upwards over time, I wanted to exercise caution so as not to get caught out when the eventual turn comes. That will just mean the portfolio return is likely to trail the others while I continue to look for some safe plays on the options side.

Meanwhile, if you are looking for a brokerage and research platform you may want to check out my experience using ShareInvestor WebPro and Tiger Brokers. These are my most commonly used platform for research ideas and transact platform.

Till then, stay safe, and continue to exercise prudence and caution out there.