2019 another Yo-Yo prediction year.
2017 was a wonderful year for stock picking investing. However, 2018 ended with a bad taste in our mouth with most portfolio in deficit zones. No one can forecast 2019 or years forward, not even Warren Buffett or any well-known successful investors.
From the current news, many feels that the next major recession is just around the corner and investors should always prepare for the worse.
Should I stock pick for 2019?
3-Key Steps of Portfolio balancing
Index from majority stock exchange like Japan, US, UK, EU are very defensive compared to defensive non-cyclical stocks.
The only funds I would recommend getting are global non-cyclical type funds. Make sure that low-cost of under 0.8% management fees is critical to ensure manager fund fees do not overshadow your profits. Remember these BASTARDS take fees even when you are making losses.
Balance, Balance Balance
It is fundamentally important to ensure you build a balance portfolio. Your index and global funds should be the highest holdings in any self-invested portfolio. If your current portfolio is not, then do correct it now.
Self-Investment portfolio is all about managing the risk and not maximising profits.
Why Not Bonds?
For Now, bonds are not ready to be bought yet.