Received a -624K decline this year bringing the decline to 27% YTD.
the decline increase by a factor of 1.2 due to the usage of leveraged .
In the good time bull market leveraged was widely used. This is not uncommon .
However some people uses more some people uses less.
For me my usage is simple i basically just used it and will use my dividend and income to repay it ..
Even than it was simply too much for me .
Well basically my portfolio investment portfolio reached back to the 2018 level when the market is at their multi year low.
All my gains for 2019 was wiped out in this event..
We are currently 624k away from my all time high .
Confirmed dividend announced is about 62k for half yearly . These amount would be reinvested back into the market during these unusual timing.
observation from the market - a lot of margin call or force selling which are reluctant sales that are triggered by funds redemptions or margin call. The low for STI at 2100 level after which strong rebound toward 2500 level expect consolidation near the 2300-2500 level before moving higher or lower from here.
Lets see..
