October - A Bear Killer? Taking Stock of My Portfolio

I often times do not like to take a short term view to markets. My investment horizon as I'm sure would be the same for many of you is for years to come, even to the point of the retirement age. Nonetheless, it would be interesting to see what Oct has in store for us as traditionally Oct has been a pretty strong calendar month - so called "bear killer" month.

This being the beginning of the month for October I'm taking stock of my portfolio returns, sorted from best performer to the worst:

As can be seen above, both Raffles Medical and ComfortDelgro which are growth oriented stocks still performed in recent months, even returning a decent profit. The REITs portion of the portfolio also held up well, registering moderate drops. Singtel has seen some recent volatility but overall is still holding up quite strongly. OCBC has seem some pressures especially from short sellers, terming this as a service counter and putting heavy selling pressure on it. However, in the LT I expect the price to revert upwards to its longer term mean. Jardine has disappointed and continued to do so. Its exit from the STI Index certainly did not help as well. Sembcorp Industries took a severe beating due to the plunge of oil prices, although I feel that the stock should recover strongly once oil prices head back upwards, a scenario I am more inclined towards especially over the next two years.

Back to the markets!

Signing Off

Transitioning Stock Investor