Note 20: Nov Update
Nov 2018 is a month of relative calm (relatively) as the world comes to grasp with the uncertain nature of relationship between China and USA. We are looking at an overall MOM increase of 0.3% and a -6.1% YTD portfolio. My opinion is that this uncertainty in the world economy will allow investors to have more opportunities to buy into good companies. Singapore portfolio Very much still on the negative right now with a negative 6.9% YTD compared to negative 1.1% (dividends inclusive). This pretty much sums up my belief that an index method is the best way for investor. The Singapore stock market recovered slightly as the market stabilised slightly and with the belief that USA and China will reach an agreement. The Singapore portfolio is also the main reason for the decline in the overall portfolio. For this, I blame it many times on the lack of focus in my pickings and a lack of guts to overhaul my approach. Singapore Portfolio Sta...