Let me first reflect on Aug 2019 before going to the main topic. It wasn’t a happy month for many investors. Most indices across the world went lower, with Hong Kong being one of the worst. Guess what, Singapore wasn’t far behind. These two trading hubs are bearing the backlash from the US-China trade war. Ironically, the US and China (Shanghai) stock indices are not faring too badly.

Most of my equity investments are in Singapore and Hong Kong. Hence, I am seeing “red, red and more reds” everywhere across my equity portfolio.

It is painful to watch as the valuation kept dropping. I had opened up my warchest and tried to scoop up some stocks that I felt have become attractive in terms of dividend yield if I take a long term view.

In many circumstances, I could have waited but honestly no one