Portfolio Brief
Cash - 45%
Precious metals - 35%
Bonds - 10%
Stocks - 10% (current value)
Excl. Cpf, Insurance and Property
I had been very nonchalant on the stock market lately. In fact, since last year, I had been cashing out gradually. Recently, I am placing more emphasis in the understanding, learning and living the correct WAY OF LIFE rather than just focusing on material wealth.
Why cash out?
Several reasons:
Work
Cashing out primarily due to my work. I will not go into details, but so many people in the O&G industry had already lost their jobs. So better be prepared and be safe rather than sorry.
Market
I do not wish to make any prediction ahead. No crystal ball. But if we examine the current global market situation, every major market is just "hanging on, with no clear sight of "bright blue ......