Volatility and Uncertainty, these two words are perfect definitions of what the market has been.
Its been a busy 3 months transiting and settling down into university. Expenses have skyrocketed and income is now zero.
In my 4 years of investing, this has been the deepest red sea I’ve found myself swimming in. Honestly, i am trembling and am feeling trepidation. There have been many varying macro factors around the world, and there is a plenitude of negative consumer sentiments going around.
I too have been tempted to follow the herd in the recent sell-off, but once again resisted. Fundamentally speaking, my holdings should be largely unaffected. However, the unfounded and consecutive sell off has triggered a consecutive loss.
Personally, i am at quite a lost as this is a first. With about 80% of my assets in equities and stocks, my financial situation is largely dependent on the markets. However, i am confident of holding on to my current counters for 5 to 10 years if i have to.
As I’ve not updated my holdings on the other page in awhile, these are my current counters. Singtel and CDL are the current biggest losers, nevertheless the rest are also in the red.
- Ascendas Reit
- Ascendas India Trust
- City Development Limited
- ST Engineering
- Starhill Global Reit
- Manulife US Reit
What do you think of my portfolio? Also, what are your thoughts on the current market?