Happy Halloween – I think the markets are looking more scary that the festive. Lol. 👻
My SRS got hammered as well and here are the updates for this week.
I received $500 from UMS Holdings as dividends and divested my position at 97.5 cents, thereby making a small profit on the position.
UMS holdings closed at 94 cents yesterday.
With the drop in share prices dramatically over the last one week, the unrealised loss increased from 8k to 24k! (ouch!). Let’s see how the markets will perform in November and October certainly live up to its name for being volatile (If you are young enough to remember the Black Monday Oct 1987 crash).
The cash balance stands at $133,051 and can be put to good use when the market correction ends.