Portfolio Update for April 2025

This will be a relatively short post, just to update on the transactions for the month. For the month of April, it was a turbulent month of severe downs and ups. The “Liberation Day” on 2nd April 2025 has caused the markets worldwide to crash by minimally 5% upwards. The reciprocal tariffs and base tariffs imposed on almost all countries caused massive fears of uncontrollable inflation to return. After the markets crashed for 1 week, the spike in US 10-year bond yields to above 4.5% levels inevitably freaked out investors further, and the probably the US Government as well. Hence it lead to Trump's decision to delay the implementation of the reciprocal tariffs by 90 days, except for China. This sudden 'flip-flop' in decision caused a major rally in the stock markets worldwide, exacerbating the volatility in the markets. Nothing much this month, except my regrets for not being able to buy more stocks during the crash on hindsight. There was sufficien...