Its yet another volatile month again. News about interest rates kept the speculative buy-up and sell-off volumes high, drawing interest in buybacks from the companies themselves. A dealbreaking stock tumble ensued when Putin declared invasion into Ukraine. Global economies frantically pulled out of their stakes in Russia, which is definitely with some reluctance, as it had direct impact to their businesses. Its akin to chopping off an arm or a leg to keep the body alive.
Despite the volatility, I did not manage to capitalise on the situation. I could have done some sell-offs before the downturn, knowing that prices would fall. But out of fear or baseless speculation, I held on. My portfolio took a direct hit as a result of the events.
A last minute chance came by, and I was glad I sold off my Singtel stocks on that Friday when market took upon a hopeful rally. Its interesting to see how market rallied upon the sentiment "Hey, somehow its only affecting the European region, not much impact on Asian stocks, right?"
Today's crash proved otherwise. Whew. At least I realised a bit of profits. Time to go shopping again. Speaking of which, I need to pump in another 2k into my warchest... but no money :(
Update #3:
Warchest: 7765.63
Dividends received YTD: 135.00