Note 17 – Oct Update Oct 2018 hasn’t been the best of month for my investment. In fact, it was stomach churning to a certain extent. The total portfolio further declined by -3.6% MOM, and a -6.4% YTD. The main reason was the further escalation of the trade war, decline in the tech stocks, coupled with decline in the China market. As I am writing, it is already in the mid of Nov and the market has already recovered per se. These are the ups and downs of an investor, and as they say, live by the sword, die by the sword. The portfolio declined was mainly exacerbated by the huge decline in my Singapore portfolio (which consist of my cash investment and my SRS). I shall not go into individual stocks, but the STI “blue chips” don’t seem so royal at this stage. Current cash at the moment stands at 15%. Singapore portfolio The Singapore fund is still on the negative, but this time is the rare time, it actually did better than the benchmark (not really that of a consolation as well)...
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