Stock AllocationTransaction Summary for March 2020Bought Sheng SiongBought Mapletree Industrial TrustPortfolio Allocation
Singapore will be going into ‘lockdown’, to a certain extend next week, and I agreed with the minister that the term ‘lockdown’ is loosely used. All the essential services will still be running and there is nothing to rush for. With these measures, I believe the number of COVID-19 cases should start coming down after mid April. I am confident that the health crisis will be contained and managed, but the economical damage will be tremendous.
Many businesses are affected and many might not be able to survive this, which is why the collapsed of REITs. Although I diversify my portfolio, with only around 30% in REITs, my portfolio still took a a big hit as no sector or asset class were spared. This will probably be one of the worst crash I will ever experience.
As I still have 30%