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Our New Investment Thesis
By Mr And Mrs Budget  •  November 17, 2020
Earlier this week, one reader dropped us a comment in our previous post asking us what caused us to move our holdings from Singapore stocks to US growth stocks, and we thought we wanted to share more about our thinkings behind it. We have probably mentioned this a few times since August that we are relooking at our investing strategy. Since June, our Singapore portfolio has stagnate and in fact dropped in value. After hitting our milestone of S$100,000, the portfolio value dropped 4% to S$94,000 at the beginning of November. That’s 5 months of opportunity cost for the portfolio. Opportunity Cost Which brings us to our first reason why we are reallocating our portfolio composition: opportunity cost. At the same time when our Singapore portfolio deteriorates, our US portfolio continue to hit new highs. Due to Covid-19, technology is currently driving the world’s economy, with tech adoption accelerated as consumer behaviours were reshaped....
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By Mr And Mrs Budget
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