03/13/2023
For Portfolio III
Position close, cash preservation
Taiwan Semiconductor Manufacturing (TSM)
Close the position of TSM of Portfolio III
TSM: Due to the reasons 1). Future revenue growth will be lower; 2). The profit margin will be squeezed due to the higher expense of operation at Arizona facilities; 3). Politic and geographical conflict risk have increased significantly. It is almost certain China will attack Taiwan to fulfill its long time ambition if China decides to support Russia's invasion of Ukraine with weapons fully.
Again, concentration investing involves higher risk of significant loss without the protection of diversity.
Each individual investor should always consider their own investment goal, risk tolerance, investing span and objectives for their investment positions. Investing in securities involved the risk of total losses. Investors should always consult with financial professionals.
12/28/2019 - Taiwan Semiconductor Manufacturing
05/07/2018 - Taiwan Semiconductor Manufacturing
Initiation of an investment in the world class semiconductor manufacturer, (TSM).