Invest
Quick update – Aug 2020
By Rainbow Coin  •  August 14, 2020
I cannot recall when was the last time I shared my portfolio here as I don't have a habit of doing Portfolio Updates to readers. Despite US market being in the cloud nine after a V-shaped rebound, the STI is still languishing. Thus, I have decided to do a quick snapshot here on the top gainers and losers that I am holding currently, as summarized below.
Top losers % change Top gainers % change
Starhill Glb -40% Mapletree Logistics 50%
Silverlake axis -32.00% Prime US Reit 9.00%
First Reit -30% Yangzijiang 8%
ComfortDelgro -27% Ascott Residence Trust 7%
Singtel -27% Singapore Exchange 4%
The ones under retail sector, public transport and telcos are all badly hit in their profits (and dividends), thus the plunge in their share prices. Whereas First REIT's share price plunge was due to the unsettled saga with its parent company. Gainers are the ones who managed to hold their fort. A misstep post March's crash is that I sold majority...
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By Rainbow Coin
I began exploring the financial world in year 2010, hoping to get out of the rat race and be financially independent. 2010 was the aftermath period of the Lehman crisis when a pretty shaken up market was struggling to recover. On hindsight, that was the perfect time to catch multi-bagger stocks should I be a veteran or at least had some basic knowledge of picking up 'gems'. My learning curve was steep then, as I have absolutely no friends or relative who could shed some light on what's investing about.
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