Transactions made in Jan 2020:- Bought 199 units of Ascott Trust at between $1.28 to $1.34.
– Added 5,401 units Ascott Trust due to the merger of Ascendas-hTrust and Ascott Reit. This also resulted in the removal of my holdings in Ascendas-hTrust.

Although the Wuhan coronavirus outbreak caused a dent on the market, STI is still above the 3,000 level. In long run, the market will still be on an uptrend, as what history has shown during other outbreaks such as SARS and Ebola. Hence, do not sell your stocks too fast. It may be better to hold on to them. The MSCI World Index (appended below) shows the market returns during outbreaks. You can find out more detail in this article.


The short term direction of the market depends on the how fast the outbreak can be controlled and the development of the vaccination. The reproduction number is

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