Another year has gone by… There has been a lot of mental activities, yet not so much portfolio activities. In 2018 both the global and Vietnamese stock markets have gone through a correction following double-digit increases (as high as 53% for the latter) in 2017. Statistically speaking the US stock market, a reasonable proxy to… Continue reading 2018

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The August chain of thoughts Thought 1: The not-so-overvalued stock market Amidst the negative headlines around stock-market overvaluation it is productive to question “is it really?” History has shown that a significant amount of bond-yield-outstripping-earning-yield is needed for a major market correction to wreak havoc on investors’ portfolio. For instance in the 3 years leading… Continue reading Price Price Price