Personal Finance
I am feeling cash poor this year
By Invest For Yourself  •  December 20, 2018
I remembered when it was this time last year, I was feeling very good. Besides the fact that I got my bonus, my investment portfolio was showing a good gain then. But this year … (sign) … the value of my portfolio literally tanked by 15%. Was it expected? On reflection, yes, when I looked back at the first blog I published early this year. In that blog, I forecasted that the market would drop by 10-20% in 2018 and sadly it did. Forecasting is one thing but actually receiving the reality is another. It still feels very painful to see the value of my investments deteriorating day by day. Well, I am trying to follow the established wisdom in this kind of downturn … i.e. “Don’t Panic and Stay the Course”. I hope things will turn around in 2019 … I have given up on 2018 already. Anyway, back to ...
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