Finance Investment Movement 7

In the second month of the Syfe Cash+ portfolio, the returns were less than expected, clocking a very poor 0.03%. Taken into consideration that the first month was spectacular, I guess it's a process of normalization since global bond markets had gone into a frenzy over increasing yields and inflation. Hence, instead of redirecting, I shall keep the fixed deposit money where it is upon renewal to earn a fixed 1.15% pa.

The topsy turvy cryptocurrency market continued to cause much anxiety to many potential/current investors. What's another 10% movement, an experienced one might conclude. My approach was to trade Bitcoin and sell Ether, resulting in a realized gain of $800. The mini war chest accumulated remains ready to be deployed as required.

At the moment, I am undecided whether the stock market euphoria is a false dawn or the real deal. Therefore, shall stay sidelined for a while more.

Tip: 100 plus