First, I like to thank all the subscribers who have signed up for regular updates from this blog. This week, the number of subscribers surpassed 200! Thank you all for your support and I hope you will continue to find this blog relevant to your investment and F.I.R.E journey.

My portfolio was up 10% over the last 5 days helped by second tiers “blue chips” and the relentless march forward by the SREITs. The 3 major US indices also broke record levels this week.

BUT In contrast, our local stock market barometer = STI was dragged down by 2% as the share price of the three local banks that basically “ruled” the STI closed lower. For example, DBS came down the most from $26.6 to $25.6.

If you have been following my blog, you would have guessed what I had done this week.