Aug 2022 SG Portfolio Performance: +1.06% year-to-date, +124.26% overall.

SG market went on a roller coaster ride with STI riding a swift rebound that started in mid July but came sharply down after Fed Chair Jerome Powell's hawkish remarks about keeping monetary policy tight "for some time" dashed hopes of more modest interest rate hikes. STI ended the month with a gain of 1.9% (inclusive of dividend). My SG portfolio fell slightly (-1.15%). YTD return dropped slightly to +1.06%. Total portfolio return since inception is now +124.26%.

Join us in our quest for abnormal returns. Get started today >>

Below is the chart showing the SG portfolio's monthly return since inception.

My US portfolio managed to gain nearly 4% in August thanks to the multibagger NYSE:ASC, despite the sell-off in US market after Fed Chair Jerome Powell's hawkish remarks. The three main indexes suffered their biggest monthly percentage declines in August since 2015 with S&P500 fell 4%. My YTD portfolio return turned green (+0.97%). Total return rose to +119.65%. 

Below is the chart showing the US portfolio's monthly return since inception.

With the Fed maintaining its hawkish tone, it will continue to put pressure on the equity market. The yield curve is still flat. Keep cash, or get trashed.

To know exactly what stocks the system is buying, subscribe to our premium subscription package. You can visit our main page to find out our system's current performance and how the subscription works. Get 45% discount if you sign up now!  Or for a start, follow us on Facebook to get notified of all free postings!!