Stock Allocation
There was no stock transaction done for the month of October 2018. This is the month of Red October where STI has fallen below the support of 3000 points. But fortunately on the last day of the month, the market show signs of rebounding and managed to close slightly above it. Headlines are still revolving around increasing interest rates and trade wars causing the depressed market conditions. On the social media front, bloggers are discussing whether timing the market or time in the market would be a better strategy in the current environment. There are some who have already exited the market with 100% in cash and some who have already started to deploy their war chest.
For me, I am towards the camp where time in the market would be a better strategy. The challenge of timing the market is almost impossible for me as I have to be...