October Strategy: Just continue DCA

 

Trump threatened 100% tariffs in retaliation for China rare earth export controls, but market quickly recovered and marched upwards. 

For October I bought more VWRD and a smaller amount of VHYD. Also continuing my HK/China ETF RSP with FSMone. Nobody really knows when the next correction will occur so I will just continue adding to VWRD.    

One thing I am paying attention to is the (over)concentration of the ETF constituents. FSMOne provides a useful auto-calculation in their ETF pages and I noticed that 3010.HK is on one hand, relatively less concentrated with top 25 holdings comprising 46.13% of total assets and on the other, TSMC is a whopping 13.5% individual weightage.

Finally, USD:SGD is on the move and went back above 1.3. That should generally be good news for my portfolio which has a reasonable chunk of US$ fixed income ETFs.