Friday, May 13, 2022

Bye FCT

 Sold my remaining 16k shares of FCT in IG account

main reason is I want to defend my TSLA shares

52 of it

if market keep crashing

at least now I dont have to worry bout FCT price dropping

loss of S$1k

not so bad, as today it managed to rise 1.75%


the strat to defend the tsla shares

is when TSLA shares keep dropping

and there is a risk of margin call

I will sell maybe 12 TSLA shares in IG

and buy 12 in TD account

total holdings now I have 141

hopefully I can keep all of them, when coming out of this market crash



Rough estimate of the interest I pay a year is S$1.8k

at 5% interest rate

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