The market currently in upheaval due to recent Trade Issues. During this period I do some adjustment and manage to raise 6 figures warchest from recent sales in my trading account. The exercise is more of re-balance with more net cash. JD.com and SIA no longer in my portfolio. I have no plan to tap on bank cash which will be reserved.
Currently Xirr : 10.7% for my portfolio. Profits yield is slightly lower at 9.7% due to realised gains before year ended. STI came down to 6.5% quite furiously which is about 8.5% after dividends using STI ETF as a reference. Total dividend collected so far 17K.
Reits/Trusts - Still surprisingly resilient in the face of trade war. Applying same logic's of CMT onto Ascendas-Tr and Ascendas Reits taking some profits off the table, they are smaller today but still pack a punch. I am still looking for opportunity to boost my dividends which currently stand at potential 43K max now. I like to end up with 50k potential by year end.
For the current negotiation, I still believe in human minds prevail, an acceptable agreement will be reached. Since is initiated by USA, is definitely will favor them. The world trade is based on USD. The Consumption power house is in US. There is limited option for the Chinese. This could still end up favorable to Mexico and SE-Asian countries as we will be more involve in production export to America. Therefore good for our industrial assets.
Cory
2019-0509
