Recently i have been trying to simplify my investment yet achieve the stability and diversification needed.
Everything is up for review. Few things I did so far.
- Increased holding in STI ETF and Bond.
- Sold DBS Preference Shares.
- Sold significant portion of my USD and NTD
- Build up some cash by taking profit on a number of run up stocks
I could not find a suitable equity to re-balance into currently. Probably need to find an entry point some time later this year.
Another area i am looking at is metal. Gold has been in my portfolio for a couple of years already and since i last sold around 1700 ( half of them i guess ), it has only been routine value update on my overall net worth which constitutes roughly 1%+. Is there more for hedging when the World or Singapore go seriously wrong.
Inflation wise, i think property is already good at mitigation. I can't imagine myself taking sampan with gold to escape either. As my Gold is virtual, the transaction cost impact is low. Decided to sell all my Virtual Golds. They were held in USD and NTD. And i expect to have some forex gains too. Great ! Achieve another level of simplification.
What else ? hmmm
20th April 2015