It is the end of January 2016. We had experienced one month of manic investment sentiments.
Share markets were generally on the downward spiral. Singapore STI declined 8.8% in one month. The market capitalization was down 6.4% in value. My Singapore equity portfolio lost 27% in value. I continue to stay invested in Singapore equities despite the poor showing of these stocks.
China stock market was terrible. The Shanghai Composite Index lost a whopping 22.6% in just one month. My China Fund unit trust lost 21% as a consequence.
My only consolation is that on a Total Portfolio basis, my investments are now 7% below cost. Thanks mainly to more cash kept off investments.
I see tough time ahead, as confidence in the financial markets dwindled.
Copyright © 2016, limkimtong for Living Investment
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