Tuesday, 1 September 2020

August 2020 Updates

August 2020

Portfolio Value after market close

S$133,500.27

Wifey's Portfolio Value after market close

S$95,740.27

Purchase

None

Sold

None

Dividends

CapitaLand @ $480
Suntec Reit @ $61.32
CapitaLand Commercial Trust @ $133.60
SingTel @ $436
Ascendas Reit @ $363.50

Total: $1,474.42

Short-Term Transactions

None

Summary

03 Aug 2020 STI Open: 2,522.53
31 Aug 2020 STI Close: 2,532.51

Market closed higher than its opening for the month of Aug which is contrary to the prior month. 

Perhaps this is the start of the bull run locally?

But why locally? 

Because the volatility index VIX, otherwise known as the fear index has been rising recently. This implies a higher level of uncertainty in the U.S. market which is extremely exuberant at the moment.

This may present trading opportunities for traders but for long term investors, perhaps it's better to wait for pull backs as share prices have been hitting all time high. 

It will be interesting to see the trend for the next two weeks and for the month of September. 

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