Market Journal
2018 marked a tumultuous year for stock markets across the globe. The ups and downs that markets experienced can be attributed to key events that shook the international political economy. One of these is the Sino-US trade war. Stay in the know with this handy guide on what to expect in 2019. March Thailand Thailand…Read More
Investors invest for a variety of reasons – from growing their savings to purchase a house, building a pool of funds for their children’s education, or preparing for their retirement needs. However, many investors are unfamiliar with the concept of portfolio construction, preferring instead to purchase individual securities piecemeal. This particular investment approach exposes investors…Read More
The Psyche of Traders and Investors In the world of stocks and shares, it is important to recognise that rules for managing trades are different from that of managing investments. The Phillip Youth Stocks Challenge 2018 was a long-only trading competition over a three-week period. This provided opportunity for a suboptimal strategy given that the…Read More
PhillipCapital’s Youth Wealth Challenge 2018 competition has truly been an immersive and enriching experience for me. And I’m certain the principles I’ve learnt will serve me well on my personal wealth building journey. As a young adult about to embark on my career after graduation, I understand that the key to effective wealth planning is…Read More
Did you know that South Korea’s economy currently ranks 12th in the world by nominal gross domestic product (GDP)? As an economic powerhouse, South Korea is a stable high-income developed country and a member of the Next Eleven countries, also known as N-11. This is a term coined by Goldman Sachs to represent eleven countries…Read More
The US S&P 500 fell 6.9% in October. The last time we saw a decline of this magnitude was in 2011. If we stretch data as far back as 1992, such an occurrence happened in only 15 out of 300-over months. Should we worry? Not really. This is just a little speck in the grand…Read More
Before investors had enough time to cheer for the all-time high recorded in early October 2018, market turbulence ensued, creating a nightmarish scenario for investors – perhaps the market’s macabre way of marking Halloween! All 3 indices – the S&P 500, Dow & NASDAQ, marched their way into correction territory; plunging by approximately 10% from…Read More
Are you lucky? I was, a few weeks ago. On 8th October 2018, I posted an article titled “Good Business = Good Investment? Think Again!” And warned that despite new highs, the stock market was facing extremely frothy valuations. A recent headline in Bloomberg read: Looking back, 8th October was almost the inflection point and…Read More
Working in the financial market giving commentaries can be a challenge. Although this is an extremely broad field, people expect us to be subject matter experts on EVERYTHING. You can argue that this is what we are paid to do – to know. Admitting “we don’t know” is one of the ways we can raise…Read More
In an earlier article I wrote “Beating the Efficient Market Hypothesis” where I tested for “momentum” in the markets, one of our readers responded by emailing in: Yes, it was by design that I did it in deciles. Also I have more than two hundred stocks per decile per rebalancing period. But why so many?…Read More

