My Investment Portfolio

For my top 30 holdings, not much changes this month as there is not much news stream with AGMs taking place for some companies aside from Amara and Hong Leong Finance whereby research homes initiated reports on these companies. With some companies going ex-dividend already, interest in these holdings might go down a bit unless there is significant news flow. I’ve added my position in some of these holdings though.

I have bought the following companies from the market this month – AV Jennings, ASIA Orchard, GuocoLand, Heeton, Hong Leong Finance, iFAST, Isetan, K1 Ventures, SingPost, Singapore YHI, and Reinsurance. No sell trade was done. This month – Goal and Global High quality Hotels I’ve accepted the next voluntary delisting/cash offers.

My stake in ARA Asset Management was also being obtained via structure of arrangement. I have also participated in the following scrip dividend structure – Global Investments. The following month will be another quiet month. I will continue to go through those annual reports that I’ve missed out last month and meet up with some of my readings on investment.

  • Referral-type investments
  • Self-insurance would not provide adequate security in which of the next circumstances
  • Ares Corporate Opportunities Fund III, L.P
  • 69 Public Storage (NYSE:PSA) -21.7% 57.47 73.41
  • November 24
  • Need not be constant
  • Calculating the operating costs

They retire early, take more days off, fewer family work, and the like. Therefore, in this scenario, creation and work fall at least because there are increased quit partially, increased job vacancies, labor shortages, less labor provided to creation, therefore less output. Firms should be cutting back creation, while complaining that they cannot find enough employees to maintain the result at previous levels. This is possible, of course, particularly if the assumption is decreased by us that there surely is no added demand for other consumer goods. An abrupt drop in the selling point of a single consumer good can be expected to result in a lower way to obtain labor.

However, in the recent recession, there was a drop in the number of job and quits vacancies. Firms in almost every sector complained that they had to lessen production because of weak sales, not because of too few workers. That quits and job vacancies exist during a recession may be inconsistent with some naive notion that unemployment is due to deficient expenditures on output in aggregate (read monetary disequilibrium, ) that is a straw man just.

The question is whether some, and perhaps quite a bit, of unemployment throughout a recession is due to monetary disequilibrium. Consider another possibility. Suppose our households that are satiated with consumer goods continue steadily to work, and choose to save. They don’t want any consumer goods today, but perhaps some will appear in the future that hit their extravagant. This appears to fit in perfectly with the Kling scenario. Individuals were purchasing one-family homes, however now they don’t really want them and so they save the amount of money they might have spent on the homes. Entrepreneurs have yet to discover what they do need it yet.

Those who had been working to produce the homes are unemployed, waiting for entrepreneurs to discover what those who no more need it the houses want instead. The notion that we have unemployment because people choose to save lots of is a traditional question in macroeconomics. Still, it should have a simple microscopic answer. If people want to save more for whatever reason, this should result decrease in the production of consumer goods, but an expansion in the creation of capital goods. Continuing with the single family casing assumption, people purchase fewer one-family houses, and so there is less-home investment and instead there is more investment in capital goods–equipment and factories.

Of course, the companies who are purchasing the administrative center goods will only achieve this if they expect to have the ability to sell consumer good in the foreseeable future. And what consumer goods will those longer buying the single-family homes want in the future know? What a difficult problem for entrepreneurs to resolve.

As before, they must know what it is that those who had been buying one-family homes want now. One may say that savers and investors will vary for people with different motives, right? Obviously, not only are savers and investors differing people with different motives, so are the buyers and sellers in every market. What coordinates every market is prices, and the relevant price for saving and investment is the interest rate.