It has been a while since my last post here. 2019 was a good year for me in terms of my investment return from my portfolio. After losing out to the STI for the last two years, I managed to beat STI by quite a bit of margin. I once read a book that says that index are a difficult opponent that sometimes even a seasonal/professional investors have problem defeating them. I would recommend young investors to always look up to index (STI for example if you are investing in SG) as your target board to hone your skills.
Before i forget, Happy new year 2020 to all readers out there. My new year resolution is to once again defeat STI in 2020. It wouldn’t be a easy year, with the everlasting bull cycle seemingly coming to an year in near future. However on the positive side, this means opportunities are out there for us to collect cheap and heavily discounted blue chip stocks. Remember to always keep aside certain portion of your cash as your warchest in the event it happens. I’m allocating almost about 40% cash on hand at the moment and not spending unnecessarily in this overvalued market. Especially when you see DOW JONES going up every now and then and you better be feared than greed at this time.
Hope all of us can keep up the sharing and caring spirits in investing and let’s all invest prudently in this year for better returns.
An engineer investment blog 