Quick update - May 19
The illustration below is my return bench-marked against US500.
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| Cumulative P/L (USD) YTD |
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Return % still fall short of S&P500
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- Hoping to catch the tailwind of a market down-turn, I am putting up some short positions. If they are profitable, it means I am getting some effective hedge against all my long positions (which would likely see red). I just hope I don't get whacked upside down by the volatility like last Nov's.
In the meantime, let's get ready the war chest to take advantage of the trade war onslaught on the stock market.
- I planned to see how I can milk more interest from the boosted DBS multiplier account. I shall visit a DBS branch to find out more about their qualifying insurances (in order to try max the 3 additional criteria).
The first two hoops to jump through which are Credit card spending and Investment are no sweat (see the hack using SSB).
- There's a few REITs that I am currently watching. One of them is First Reit which I already have a position in, another is OUE hospitality trust. There's news of proposed merger with OUE commercial trust. The deal doesn't look bad for now upon calculating (unless OUE C-Reit suffers a further plunge in price). We shall see...
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Steady!
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