With the trade war in full swing, the final stages of Brexit playing out, and the US President’s impeachment proceedings underway, the stock market has become extremely volatile. Bank stocks have taken a hammering from the fall in interest rates. One of my key holdings, Yangzijiang shipbuilding, also had its chairman summoned for a corruption investigation in China. As a result, my lifetime annualized returns figure collapsed to 9.5% due to Yangzijiang suffering a massive drop in stock price.
Influenced by the louder chorus of voices warning of an impending recession, I’ve slowed down the rate at which I am injecting money a little bit for this year. My original intent at the start of the year was to inject 70k annually, but I am behind this target right now. Nevertheless, I’ve still injected 22k into my stock portfolio this quarter into 2 stocks, Visa and an extremely small public...