May 15, 2020

Exit from the markets with sale of seven stocks

German podcast. English excerpt: Usually, I don't pull out of the stock market. But today the markets are too optimistic for me. I think that the effects of the pandemic are far from over. That's why I'm making a portfolio adjustment. When I look at my stocks, I still find all of them really good companies that I like to have in my portfolio.

So what should I sell? I chose to sell Adecco, Cargotec, RTL, Saint-Gobain, the Canadian Dollar version of West Fraser, the Swiss National Bank SNB, and Zoom, which I just bought and am now selling again with a profit of an incredible 30%. You can find out why I sold these shares in the podcast.

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