Thursday, 29 July 2021

July Strategy 2: Continued buying more ETFs

Nearing the end of July, China's crackdown on various tech firms and the education centre was an opportunity to continue to accumulate more 2800.HK and 2801.HK.  Also added more VWRD and VUKE.

I do not think that prices are 'cheap' at the moment, but I felt that the small dip was as good a time as any to put some spare cash to work. If market keeps on going up, I won't be buying as much in August.

I am avoiding Singapore stocks for the moment because I feel that there are financial risks in Malaysia that could well have a spillover effect in the region. Nobody wants another currency crisis but one should be aware of the risks.

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