So yes, the Fed has finally raised interest rates after postponing for eons. And I think they achieved their ultimate aim of having their cake and eating it: Financial markets responding positively to their announcement of a rate hike. Markets of most countries including Singapore are in a sea of green today. However, that’s not enough to cover the losses from the past couple of weeks as the stock market seems to be in a state of continuous slow bleeding. Another month gone and the portfolio inches down by another 2.5%. That few oil and commodities stocks that we own are the chief culprits. There’s little doubt that this year’s portfolio return is going to be a little painful for my eyes. There is no buy or sell action this month. But going forward, I do have thoughts of adding a little more of FCL retail bonds and I am hoping ......