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My Investment Portfolio (February 2020)
By My Investment Portfolio  •  February 29, 2020
Covid-19. The only keyword that determines market movements these days as investors sold down stocks globally as markets started to price in the risk of a global recession as the virus continues to spread further beyond Asia. Locally, STI lost about 4.5% for the month to hold on just above 3000 points. The selloff had been across the board so there is nowhere to hide.

For my top 30 holdings, Venture returned to the list after outperforming most of the other stocks. Companies in the list reporting their full year result for FY2019 had been mostly maintaining or cutting their dividend payout, in anticipation of tougher times ahead. Most of the stocks in the list had been sold down this month, though not as much as those more volatile earnings based stocks.

I have bought the following companies from the market this month - Amara, Bukit Sembawang Estates, Chuan Hup, Dairy Farm,...
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By My Investment Portfolio
A self-directed investor, looking to invest for retirement needs and bypass all those expensive financial planners/insurance agents. Investing is fun, profitable or most important of all, knowledge gained is useful for the rest of your life!
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