A Dynamic World

Change is the only constant, and the only normal.

How things change within a span of a few months every time when the stock market is concerned. Suddenly, my portfolio has been pushed up a few notches and I am close to breaking even on my paper P/L. In fact, now XIRR and TWR have both crossed and went above the zero line.

The US election probably helped, but I’m not sure for how long more. I found the news regarding the working vaccine rather timely, and thus exuberated the excitement of investors worldwide. A new tax policy could probably be implemented due to the change in reign of the democratic party. I guess we’ll see how things play out in the coming years.

Now, back to the COVID-19 situation. When I go out on the weekends in the streets and malls of Singapore, I don’t see an ounce of fear from anyone. In fact, sometimes it gets so crowded that social distancing is just impossible. How do I stand a metre away from the kan chiong (anxious) auntie that is queuing behind me to get her value deals from the value store? Asking her to take a step back would just ensue a verbal tsunami that would otherwise expose me to more viruses. Any sane person would choose to stay quiet.

It feels as though things are back to normal, pre-COVID levels. In reality, at work, and in the stock market. Places are starting to open up and people have started socializing again. The only exception is that everyone has their faces half covered, and I kinda like having the literal option to hide your emotions sometimes behind the mask. :p

Will the economy return back to normal, as well? My opinion is that it should stay low for a while, for a few years at least for some industries. People will think twice of wanting to buy a new house, a new car, or taking a holiday trip to a nearby place if their incomes have been affected. The hit would real hard to those who still have families to feed. I hope if you are reading this, you are doing fine.

Actually, there were a couple of people who reached out to me during the past few months. During the crash and also after the crash. I have received some messages from people that they have been holding on to huge losses and emotions got into their way of things, and made them some stupid mistakes. Or in some cases, missed opportunities. Sometimes when I get these messages, I don’t know how to respond to them. Of course, I will never want anyone to do badly in the stock market. But to hear such news that happens to people who I may or may not know in real life is just upsetting. I wish I could have done something to help, but unfortunately it is beyond my control.

I haven’t been blogging, and I had to come back to this space to do some mental decluttering from what has been going on in my personal life. And yeah well, it’s the year end and performance appraisals are coming. Recently, I’ve been trying to deal with a difficult colleague at work, and it even lead me to read Sun Tze’s Art of War. Translated version, of course. It is indeed rather thought stimulating, though I would say that some famous parts of it have been reiterated from time to time by people, the application of it is a totally different story.

I have also been taking some time to catch up on shows, and I’ve completed watching Queen’s Gambit. The character of Elizabeth Harmon is impeccably identical to my own. A female wanting to stand out in a male dominated industry. Deep within me, I was always rooting for her and could even find how similar my personalities are to her, just less talented in chess. :p

This year I turn 30. It’s been 3.5 years since I started to take a change in my financial life. I’ll do the final portfolio review for 2020 next month as tradition. Hope that you had a great financial year as well.

Miss Niao.

Author: Miss Niao

Hello! I blog about financial matters and things that average people can do to have a better retirement. I want to inspire people to take control of their money and have a better understanding about it. If you are interested to know more, follow me @ missniao.wordpress.com! :)

2 thoughts on “A Dynamic World”

  1. Hi,

    My take is that it makes sense to stay invested in the market for dividend. One can focus on the things of his/her interest whilst Mr market will do the necessary. Rewards will come for one who remains invested.



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