Read? STI : Swee swee rebound??? (3)
STI peak in the recent years on 2 May 2018 at 3,615 and currently, STI is at 2,961 support level i.e. down by -18%
Uncle8888's investment portfolio is down by -5.5% from the new record peak in 2018
Read? Can We really Hedge With Cash Across Market Cycles?
When the Bull is charging ahead; we will hate cash as it is rotting with little return; but when the market tide has changed and sign of Bear taking charge; then only we will realize that rotting cash as war chest can be seen as a hedge.
Truly defensive investment portfolio are build during market crashes with POSITION sizing, money and risk management for the next market cycle....