If you have read about my previous post about changing plans, I have finally did it.

I had CLOSED all my positions in my portfolio that was involved in the deep value strategy.

I have always emphasize that this is a high risk, high return strategy. However, during such bad times, I came to a realisation that eventually all the stocks in SGX will be in deep value. In that situation, will you rather buy a deep value penny stock or a deep value blue chip?

After all, once STI reach lower grounds, blue chip will soon become “blue cheap*”.

*Just to digress a bit, some of the reasons I read that explain why Blue Chips becoming Blue Cheap are that:

  • Funds maybe exiting Singapore to go back to USA after Trump won, maybe due to the high possibility of protectionism of USA Businesses.
  • There could also be margin call from the …