2019 is coming to a close, and we are soon entering the third decade of the twenty-first century. It has been an eventful year, and the best is always yet to come.
2019 Review
After suffering a scare during the Christmas period of 2018, the markets had recovered when 2019 began. For the U.S. markets, using the S&P 500 as a gauge, its year-to-date (YTD) performance up till 26 Dec 2019 stood at about +29.08%1, despite the trade war roller coaster ride that prevailed throughout the year. The STI’s YTD was about +6.17%1, which was not that bad despite the lower than expected local GDP figures for 2019.
I had used 3 ETFs that represented my long-term trend views for cybersecurity (HACK), payment solutions (IPAY) and alternative energy (ICLN). Let us see how these three perform YTD for 2019 (as at 27 Dec 2019):
HACK: +23.64%2IPAY: +42.58%3ICLN: +44.57%4
2020 Preview
The known fact is that we...
