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My Investment Portfolio (End Aug 2019)
By My Investment Machine  •  September 2, 2019
Transactions made in Aug 2019: - Bought 1000 units of SIA at $8.92 I bought SIA when it fell below $9. Although the share price has fallen further, I am expecting prices to rebound in Nov/Dec period when it gives out dividends. This may not happen depending as there are many factors affecting the world’s economic growth. There is the trade war between USA and China, the Hong Kong protest which is into its 13th week and Brexit. The trade war has already affected our manufacturing companies greatly in the past few months. PMI and export has gone down. If this quarter’s GDP is negative, Singapore would officially be in a technical recession. I am surprised by how STI is still above 3,000. I have been expecting STI to go to 2,800 levels.My person opinion is that STI may rebound in the short term, but in the long run,...
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By My Investment Machine
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