My last blog on ComfortDelgro attracted some very thoughtful comments from readers and if you are interested, read them: HERE.
I said in reply to a comment that I have been trying to build a more resilient investment portfolio for a few years by now.
Most of this effort has been centered on increasing the size of my investment in the local banks.
I believe that I have strengthened my investment portfolio's resilience in the most recent bear market this way.
This short blog is in reply to the latest comment by a reader in the abovementioned blog.
The reader's comment was about Far East Hospitality Trust.
My reply:
Yes, just like SIA and even SIA Engineering, the hospitality sector has been hard hit by the COVID-19 pandemic.
With the latest Omicron variant, it doesn't look like things are going to improve by much anytime soon.
Buying into hope might be just as painful as buy...