As I was away for almost two weeks for my holiday in Taiwan, I made no purchases this month. Majority of the stocks I held paid out the dividends this month. When everyone thought that the market was recovering, the sudden news of “Brexit” came and stock prices came plunging down.
A few stocks in my portfolio held the fort well. Those stocks are Sheng Siong, The Hour Glass, Parkway Life Reit, Suntec Reit and Keppel Reit. Other stocks in my portfolio didn’t seem to have any direct business in Britain but I did notice they fell by around 2 to 3% after the votes concluded the depart of the UK from the European Union.
Another piece of news I read about was that the 4th Telco may not actualize due to the lack of funding. The news did not have much impact on Starhub and M1 in my portfolio. The stock prices of these two Telcos still seem depressed. I will continue to hold them and wait for their glory days back.
I gotten news of my bonus payout this month and shall prudently invest them for my retirement returns!