November 2018 Portfolio Results

As of 30th November 2018

Overall portfolio is still with positive unrealized gains. November was a much better month as compared to October as unrealized gains increased slightly after the recovery from Red October.  Dividend collected was also slightly higher in November.

Market remains pessimistic as negative news continues to hoard headlines. Trade war, raising interest rates, inverted yield curve, Brexit, slower global growth etc. Without any good news, investors are cautious and I also chose to stay at the sideline to watch.

Will there be a Santa rally or January effect? With the deadline for US-China trade agreement set in March, any rally could be transient. The outcome in March will probably determine the market direction for 2019. I will probably do my next wave of capital injection in Feb 2019.