Portfolio Allocation (August 2020)

Core Stock Allocation

Total Portfolio Allocation

Transaction Summary for August 2020

• SOLD COLEX
• BOUGHT INVESCO QQQ
• BOUGHT SPDR GOLD SHARES
• REDEEMED ASPIALTREA200828 

This week, the US indices were making new highs almost every day until Thursday when the sell off begins. Is it the start a crash that will reach March lows or it is just a correction? No one would be able predict the future, only time will tell, and the market is always right. One interesting point to note about this sell down is that it is broad-based and not just Tech stocks.

As for my US-market satellite portfolio, the risk was managed as the allocation was really small compared to the overall portfolio. So, the sell down will not have a big impact on my total portfolio. In fact, I wanted to buy the dip probably sometime this month. By the way, my satellite portfolio is not meant to be a trading account where I do short-term transactions. It is meant for long-term and these holdings will stay and accumulated as time passes similar to my core portfolio.

For my core portfolio consisting of SGX-listed equities, there is finally some activity coming up which is the preferential offering for FCT. It will be very likely for me to subscribe, and will decide later on how much excess to apply for.

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