It’s already the end of October now. Only 2 more months to the end of this year. So how has the markets performed so far? 2012 was a good year with the STI up about 17%. How about this year so far? A chart tells the whole story
How has the STI performed in 2013 so far?
The first arrow shows the STI performance in 2012. The second arrow shows the performance in 2013 so far. The conclusion? The market has been flat. All the gains in the first half of 2013 were wiped out in just one month and till now, the market has been flat.
My portfolio has been flat too except for the one US stock which i bought that doubled in value. For the SG market, the returns are very minimal except for the average 5%-6% dividends i’m getting.
Let’s recap. The wiped off were mostly due to the fall in REITs. I’ve …