We celebrated our wedding anniversary over the weekend with a nice dinner at a Jap restaurant. It was good for just my wife and I to get away and celebrate by ourselves. A pity we couldn’t kick on for drinks at a bar after the dinner as it would have been more fun to stay out later. Something to look forward to hopefully in Phase 3. Anyway, it started to rain heavily after we got back from lunch so we are stuck at home until dinner time when we should be heading out again. Both my wife and kid are taking a nap so I have time to squeeze in a short post.
When I look at our investment portfolio breakdown on StocksCafe, the split is about 65% global stocks and 35% local stocks. However, the weightage in our monthly investment plans is 50% global stocks and 50% local stocks. Which means that I’m manually investing into global stocks more during market dips and falls. I decided to reallocate some of our monthly investment plans from local stocks to global stocks to mirror our portfolio breakdown. It will be 65% global stocks and 35% local stocks from next month onwards. This is in line with the change in our investing strategy to shift away from local stocks to global stocks.
Just like us maintaining a large cash balance as a hedge even if it drags down the performance of our asset portfolio. It’s a personal preference to keep an exposure to the local stock market. May be under-performing, not exciting and a lagger in so many ways but I like the stability. We plan to build and grow our asset portfolio over a long time that is sustainable and can withstand shocks and unexpected events. This requires us to take a disciplined and diversified approach to investing.