Note 14: August Update
In the month of August, the portfolio suffers a slight decline, but with all the expected issues around trade taking place. I believe that this is to be expected. There seems to be more buying opportunities but I won’t be dipping my toes unless there’s a really compelling reasons and an overly negative sentiments. I believe most investors are also unsure of what’s going to happen as well. My biggest concern is the fear that US market will hit the bear market before we hit our bulls. That will also means we might be facing lacklustre performance for more than 10 years. Singapore market Singapore market has suffered a slight decline, mainly with some of the declines coming from Singtel and properties related shars. My Singapore portfolio is not a 100% value focus fund and it has unfortunately decline more than the index. As a result, I am of the idea that I will need to sell heavily before I embark on a value approach. It’s in a 15% cash situation as well, I think that is a comfortable ...