The market is still trending downwards in 2016.
In spite of the mini gain on Friday, my portfolio's lost widen to 6.0% after the 3rd week (not
counting dividends collected).
My worst performing counter is Keppel Corp, which has lost 36% its invested value. The depressed oil price means Keppel Corp may not get back to its glory days of being a $12 stock for a long time. Keppel Corp announced the final dividend payout of 22 cents on Thursday, which is about 40% less from 2015 of 36 cents.
Sembcorp Indust is not far behind from Keppel Corp and so far has lost 32.9%
its invested value. These 2 counters are main contributors to my
portfolio's decline. Let's see how low Keppel Corp and Sembcorp Indust
can go. But I just do not think they could go bust.
A
lot of counters are very tempting now and I just about managed to stop
myself from clicking the "buy" button this week. Low could go lower. But I think I will just continue my own DCA every month at the moment.
Hi I am a frequent viewer of your blog. I wish to ask if u have diversified your portfolio with bonds? And if you have, did it cushioned the recession recently?
ReplyDeleteAlso, I wish to ask on your opinion if it's necessary for young investors to diversify into bonds.
Hi Jun Bin,
DeleteThanks for your visit. I do not have bonds as last time not many options to buy bonds. In one of my posts last year, I said I treat my life policies as the bonds portion of my portfolio.
Cheers,
Farmer.