Monday 3 August 2020

Month of July 2020



The tug of war between stock market bulls and bears is looking like an epic is about to start. In a month, USD dropped almost 2%, Bitcoin rallied 18.5%, gold and silver rose while STI sunk 3.2%. Banks were told to reduce dividend payout amounts, some corporate results were really poor eg Keppel Corp and a dose of reality was offered by companies such as Capitaland on impending news. I'm going to adopt a long term view and hold on to my investments. If there are insensible price drops, I will add anything that can conceivably give back 4% or more, just to beat CPF interest rates. 

Now that the dining out scene is making a comeback, I finally got to try Kaiyo Sushi & Grill https://www.facebook.com/kaiyosushigrill/. It's located among a row of restaurants so competition must be tough. Having spotted it almost a year ago, I have always wanted to get in there until the wife's intervention. Turns out the food is good especially the grilled items (special mention that these appear so quickly on the table after you order!). If you are a fan of fish head and collar meat, then the choices here are more than enough and with good value too. I managed 3 visits in a month. However, news have appeared that the owner of the row of shop houses is looking to rebuild the piece of land. Hence, my joy at finding this little gem may be short-lived. 

Tip: Alma Mora Malbec, 2018. Full of berry plums and oakey taste stands out. Great with meats.

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