Shifting Strategies
As we navigate through the intricate landscape of investment, it becomes imperative to reassess our equity portfolios, especially in the face of fluctuating market conditions. With the Federal Reserve hesitating to adjust rates as expected and a mix of thriving and sluggish markets, it's time to delve into the strategic adjustments made in recent weeks.
Dropping Google
Despite its dominant position, Google appears to be lagging in the rapidly evolving tech landscape. Questions arise about its adaptability and potential disruption. Personal experiences with Google's desktop functionalities and YouTube recommendations have been underwhelming, with concerns about malware hijacking further exacerbating the user experience. While Google still holds prominence, and I will be back quickly. Meantime, cash raised from the sale.
Adding UOB
Amidst the goal of mitigating portfolio volatility, a strategic move was made to incorporate UOB into the equity mix. With a sizable allocation already in DBS and OCBC, UOB's inclusion diversifies the bank...