Market has been moving on a downward trend. So how has your portfolio been doing?
If your portfolio is down more than 3%, you will have been better off investing in the STI ETF.
On the other hand, you may have exited many of your positions and will like to invest in companies that could probably be the fastest to rise back. You will be looking for companies that will be able to produce a “V” shape recovery and not a “U” shape recovery.
Being the scorecard creators, Simple Investor and I had continued to create our 3rd Scorecard – The Moat Scorecard (yes, I am repeating…).
We believe that a company with a strong moat will be able to withstand the volatility of our current market and even if its shares are on a downward trend, it will probably provide the investor with a “V” shape recovery.