Investment Portfolio Update: February 2020
Updated: Mar 18, 2020
This is gonna be a quick update on my portfolio for February and a bit into early March. Red is suppose to be an auspicious colour but that is not quite the colour I like to see on my portfolio. Maybe red can be a signal for me to put in more money.
Like most people's, my portfolio has fallen ill as well with market fearing the consequences of COVID-19 on the economy.
Since day 1 when market corrected, my portfolio has recovered a little as total percentage gain was previously at 1% before this snapshot.
For SG listed stocks:
Bought Mapletree Commercial Trust at $2.10 with CPF Rare to see this stock to be priced at this level so I thought it is a good time to add some.
Bought CapitaLand Mall Trust at $2.30 with CPF Same as the above :>
Bought Silverlake Axis at $0.315 It was shocking to see Silverlake Axis continuing downhill by another 20% so I averaged down further to reduce my losses. COVID-19 and the Prime Minister games Mahathir was playing definitely hit this stock like a double whammy.
SG dividends collected (past ex-div):
Mapletree Logistics Trust at $0.014 per share
Silverlake Axis at $0.03 per share
First REIT at $0.013 per share
Sasseur REIT at $0.016 per share
US dividends collected (past ex-div):
Molson Coors at $0.78 per share
I had recently signed up an account for InvestingNote and churned out this really cool looking chart below.
If my portfolio were to be compared with S&P 500, I'm pretty sure it will lose.
So far, I had done most of the buying using CPF because I feel that the worst has yet to come. It appears that market don't understand the effects of COVID-19 on a global economy level and might have just regarded it as a severe seasonal flu. When that changes, fear will inevitably set in which then should be the right time to buy more. Since I have limited capital, it is important to have a plan to capitalize this black swan event opportunity well. Honestly, I still don't have a clear picture but not to worry since we Chinese have a saying that goes like:
"船到桥头自然直"
It means when the time comes, we will know what to do.
Anyway let's just hope that when a market crash do happen, the Singapore economy would be able to recover in a V-shaped manner just like how our minister described.
Disclaimer: The information listed here are strictly my personal opinion. It does not constitute as investment advice. Please do your own due diligence.