Wow the past week has been wild to say the least. Like plucking a guitar string and watching it vibrate. Markets are just whipsawing every day since Trump tariffs took effect.
I’m not much of a market fortune teller, so I follow a set of guidelines when deciding whether to buy or sell assets in our long-term Family Retirement Portfolio.
Tariffs started on 2 April after market close, and the very next day was carnage in the markets. After taking the weekend to digest what was happening and working out the rebalancing amounts, I pumped as much as S$41K into the stock market on Monday 7 April.
Not a relatively small sum for our portfolio, considering total portfolio value was at S$378K prior to purchase. That works out to almost 11% cash injection. Source of funds came from reserve cash as well as some from annual bonus payout.
So far,...