Dear readers, Year 2019 is coming to a close soon and it is time to review my investing in 2019. Previously, I have given readers a sneak preview of this review right here on this post . In this post, I would just want to share with readers just three themes for my investing in 2019.
First theme: I did not put in new capital to procure new stocks positions for Year 2019. This was so simply because I had assessed in Dec 2018 that 2019 would be a volatile year. As such, I have been keeping my cash to build up a war chest should year 2019 turns out to be a year where global stocks markets crash.
Second theme: 2019 should still be a year of opportunities. As earlier shared in this blog, though Singapore stocks gain for the year was modest, in US stocks markets, the gains have averaged to be about more than 20% year-to-date. Right from the start, I still think 2019 has still some opportunities. Cautiously optimistic, I traded and made quite a good amount of profits in the first half of the year using monies that I have liquidated from other existing holdings. For the second half of the year, I sat on the sideline looking at the interplay of US and China trade tensions, North Korea developments and others.
Third theme: higher interests on fixed deposits. With a “war chest” of liquidity, it is wise to put them into fixed deposits to earn higher interests while waiting for an opportune time to invest them into the stocks markets. This is what I have done: putting liquidity to work though fixed deposits returns are not fantastic but at least there is some growth for your monies!
That’s all for today friends! I will share with you my investing goals for 2020 at a later post!
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