Today we closed our position in the Invesco China Technology ETF (CQQQ). This move was to take care of 2 items that I’ve been contemplating for some time:
1. Portfolio consolidation; we will be moving the proceeds to a diversified emerging markets fund (SPEM).
2. Year-end tax loss harvesting.
Read why we invest in SPEM right here: 4 Best Diversified Emerging Markets ETFs to Own Long-Term