It has been a while since I last did an update on my portfolio. My previous update was in June 2017 (read here).

In the previous post, I did mention that I wanted to increase my war-chest and perhaps to reduce my allocation to equities.

Back in Nov 2015, my cash holdings (including the amount in my SRS account) is only a mere 7% of my total net worth (which excludes the property I am staying in). It then increased to 33% in June 2017.


Today (1 Jan 2018), the cash proportion in my portfolio is now 40%. Well, that may not seem much, but when I compare it with my stock holdings, the proportion becomes much bigger.

The reason being is Stock …