The overall stock market is finally showing some signs of stabilising after a few consecutive months of poor performance. The portfolio remained flat despite a few thousand dollars of capital injection.
Injections could become even more muted going forward as we seriously consider the possibility of buying a car.
The big news this past month was the property cooling measures, with additional ABSD and lower LTV limits. With little exposure to both developers as well as banks, the portfolio emerged relatively unscathed.
But just to show how poor a market timer I was, I bought some Capitaland shares a week before the announcement. =p
Overall Portfolio (Value: $443,000)
Monthly Change: +$1,000 (+0.2%)
Yearly Change: +$29,000 (+7.0%)
1. 15HWW Permanent Portfolio
The sub-portfolio declined by another $1,000 with the STI ETF continuing its decline coupled with the drop in gold prices.
The performance of the sub-portfolio has also moderated to ......
