Fast, its week 8 already. After weeks of selling, I started to open up my war chest and buy in the last fortnight. Most of my purchases were in Singapore and USA shares.
Of the three markets that I pay most attention, Singapore continued to underperform against USA and Hong Kong in the last fortnight. STI dropped about 2% while USA was flat and Hong Kong gained 4% (Yipee!!)
The constant underperformance of Singapore versus USA and Hong Kong bothers me a bit.
It made me feel like I kept missing the boat.
But having said that, I am more knowledgeable about Singapore companies and therefore, I naturally feel more confident in investing in local companies directly. For USA and Hong Kong market, I tend to buy index ETF or unit trusts to gain exposure. Excuses aside, I think I just need to brush up my knowledge of companies in those two markets quickly....