The markets have been very volatile this 1st half of 2016. Such volatility has typically benefited the nimble. As my portfolio is one that’s constructed to have minimal turnover, I have seen my net assets under management rise and fall without much overall changes in the past 6 months. Still, I’ve managed to barely beat the STI ETF. (updated portfolio performance)
As a result of some luck, I’d been able to profit from some S&P shorts, currency Fx and some well timed divestments and subsequent investments.
I’ve sold out the remaining of my British pound at a tiny profit.
As mentioned in this post: Capitalizing on Brexit – Portfolio changes, I’d invested a small amount in the British Pound with it’s huge fall. It rose substantially after my initial investment, but I failed to capitalize on the bulk of the rise, only selling out at 1.334.
Still, a ......