Friday, February 11, 2011
Sgxstockpicker - not in the country
will not be in the country for the long week ahead as i will be overseas for work. i do not think i can get internet access at my hotel as i did not bring along a laptop. The STI is down close to the 3,000 mark as funds flow out from the region, spooked by the interest rate hikes in China. Even local minister Mah Bow Tan advised would be property owners that the interest rates are likely to go up in Singapore. My portfolio is down 2.4 percent on a year-to-date basis. Hopefully by the time I get back, things will improve.