Omo..
Panic selling has happened. Everyone expected rate hikes but never did it expect this 75-point hike dealt such huge blows to the market unlike the previous 2 75-point hikes. Adding on to this fear sentiment is the economic, political and social uncertainty arising from Russian Annexation of the 4 Ukranian territories, China's property slowdown, the rocketing tensions between China and US over Taiwan, the Korean peninsular, and the UK financial crisis. Not to mention typhoons sweeping through East Asia like a wrecking ball.
Only industry that is benefitting? Yes. The arms industry. More and more orders of weapons delivered to Ukranian front lines, military drills held one after the other.
My portfolio got raped. I did not even dare to see how much they went down. Only positive thought is to quickly accumulate enough funds to enter at this phase of the market. Damn, I still can't save much money cos of ever growing expenses from inflation. Looks like I really need some boost in my income..
UPDATE: ok that's like 10% plunge in my portfolio... GSS coming yea?
Warchest: 180.42
Dividends received YTD: 1684.89