It's an interesting phase of investment where you can see that all the asset classes are on the rise. Now I am in a dilemma in booking the profit or not. I have started booking some profit which I felt was good and not greedy. The last year was good in terms of investment returns where my Mutual Fund portfolio has given over 20% returns as well as some of my stocks doubled my money.
Indian Equities
I am from India and mostly invest in Indian equities mainly Sensex and Nifty stocks and they have been in the bull market for the last 3-4 months. As of today, it has been sitting at the near ATH. Almost 50% of my total portfolio is in the equity market and thus I am quite happy to see last year's returns.
PC: Google.com
Mostly I invest using the SIP mode and thus buy the Passive Funds in the Mutual Fund. I do have a small equity portfolio where I am buying stocks for the long term. Yeah, there were some stocks which I had to sell because they were at a loss, and bought some shares which I felt were at a good buy price.
Gold & Silver
Next is the Gold and Silver. The metals are shining too, as we are seeing a great rally from the past 30 days in both the Gold and Silver. I have not directly invested a lot of money in this asset class, but I do have around 5% of my portfolio in physical/online gold. I have also booked some profit recently in my ETF shop.
PC: GoldPrice.org
As some of you might know I run my Exchange Traded Fund Shop where I buy and sell ETFs. So recently Gold and Silver have given me some good profits and in the last 3-4 days I have been selling Silver only with more than 10% profit. Though I try to sell at 6% profit, since they have risen nicely, giving me some good profit and thus I am booking those profit. The beauty of an ETF shop is that I am not selling all the ETFs in one day so now, every day some of the ETFs are being sold and thus others continue to rise.
Crypto
Next is Crypto. We all want Crypto to run like anything and it is somewhat in the range from the last 2-3 weeks but today it started its run because the Bitcoin Halving is just 12 days away. In my opinion, Bitcoin mostly will break its ATH soon and it is just a matter of time before it does. I bought some DOGE when it was $0.18 and now as of today it is $0.2, so I am sitting around 10% profit and hopefully will see around $0.25 to take the profit out.
Along with that, I am selling my Bitcoin too in small quantities to book the profit. And that booked profit will be redeployed when the market goes down after a while. I know people will argue that it is the time to accumulate and not sell, but again I don't know the top and I am not selling everything. I am selling just 5% of my Bitcoin holding when it rises $5K dollar. Like When it touched $65K, I sold 5% and then when it touched $70K I sold 5% and now when it will touch $75K I will sell 5% more. And similarly, I will redeploy the profit when the market goes down.
I am just hoping that our own beloved Hive should start going up now because it's long overdue. And in other news, China is quitely joining the Bitcoin ETF market and this is great because after the US, if China too start trading in Bitcoin ETF then $100K is not far to reach.