I agree with the financial influencers out there who deciphered the current market situation. I shall not bore you with the usual and summarize the market with 2 lines.
Much liquidity from QE, Poor financial performance for most businesses except Tech (most probably).
Mr Loo, someone I admire, has explained in Dollars&Sense that S&P 500 has a bullish stance. Financial horse has expressed his stance that QE unlimited is going to push stock prices upward.
Mr Loo - https://dollarsandsense.sg/believe-big-stock-market-bull-run-coming-despite-current-covid-19-crisis/
FH - https://financialhorse.com/why-do-stocks-keep-going-up-how-to-explain-it-and-will-they-keep-going-up/
Well, my portfolio has more than 50% in cash currently.
The cash is for 3 purposes - First, to let me trade market movements in US market. Second, to buy REITs according to my investment plan. Third, to pay in case REITs issue any Rights.
I have learnt to watch out for Debt Maturity Profile before investing into REITs. Meaning, I ensure that they have no huge impending debt maturing in...
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