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Nervy but Good Start to a New Year, so I Sold and Strengthen my Warchest
By Invest For Yourself  •  January 11, 2020

First full trading week of the year has come and gone. What a week!

The missile attack by Iran on US bases in Iraq on Monday was a “bombshell” (pun intended). Market went down sharply at the start but surprisingly, it recovered by the end the day. Volatility was written everywhere in the market.

If you had gotten something at the bottom on Monday, then congratulation! Your courage is rewarded

Photo by Jordan Benton on Pexels.com

After that, market went higher from one day to another and by end of this week, STI is up about 1%.

My equity portfolio only gained 0.25%, significantly under-performed STI. I am not surprised by this as Stockcafe analytics has shown over the last one/two years period that my portfolio has only 50-60% of STI’s volatility. The maximum drawdown (defined as the maximum observed loss from a peak to a

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