If someone has said in the beginning of the year that China will be the main reason that STI enters correction territory it will be quite hard to accept. Such is the market dynamic. Hard to anticipate even for expert.Is the correction over with recent days run up ? Well just looking at the 1 yr and 2 yr charts, seems so. However 5 yr and 10 yr charts are yet confirm. That's my own view. Time will tell !
My portfolio ytd went down -5% at the worst period and recovered to -2.6%. STI still at -10% today.
Relative wise i am doing ok but i could have done much better if i have cut loss faster as said in my earlier article.
For those data craze, Equity at 37%. Cash/FD 39%, Structured Investment/Bond 11% and others.
China could have cause another major crisis. It didn't so far. Else ......