Invest
GamePlan for A New Economy and Portfolio P/L Updates (July 2020)
By SingularityTruth  •  August 15, 2020

Portfolio P/L

As of 31 July 2020
  Since Inception (Including Dividends) Total Portfolio Unrealized Gain: $43.09K Total Portfolio Realized Gain: $110.08K XIRR: 6.44%

Portfolio Market Value

Portfolio Market Value (excluding Cash and SSBs)

Portfolio Unrealized P/L Breakdown

MTI further downgrades Singapore’s GDP outlook to -5% to -7%, and it looks like the economy will not be able to just wait out until COVID-19 is over. We will have to change and prepare for a new economy, specifically, a new economy without tourism and lower trade, which Singapore is heavily reliant on. Therefore, I remain pessimistic on the economy for the next 1-2 years. Sectors such as airline and hospitality will have to change or face elimination. These are what I classified as Tier 1 risk sectors which are directly impacted. Tier 2 are sectors which I classified as indirectly impacted such as retail, properties, MICE, banks and transportation. Tier 3 are sectors which could sustain or even perform better such as technology, healthcare, logistic and consumer staple....
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By SingularityTruth
A blog to share and track the progress of building my investment portfolio. "Picking stock is tactical; Structuring portfolio is strategic"
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