In hindsight, CZM's decision to stick with the current P28 portfolio seems to be the better move as compared to a 100% equity (highest risk) portfolio as the stocks market went into another round of correction in the last 2 weeks.
1. ACCOUNT SUMMARY (as of the last day of the month)
Based on the statement (30 September 2018), we gain $310.18.
As of 18 October 2018, the total return has been reduced to just $39.27. In fact, it was negative a few days ago. We lost -$264.43 from investment returns with a huge currency impact of $303.70. Not good! In our last monthly update, I said that I would have preferred the USD to be weaker because we will be going to the US for...
