“I hope none of you speculated over there in significant amounts.”
Ironically, I put some money into a SE Asia Index fund last year. Towards the fall, it and my Janus fund were the only two in the black. Everything else was in the red.
Fast forward a few months and that SE Asia Index fund started tanking. I was planning on getting out before the Olympics anyways to try and capture some of the gain before the expected post festivities market decline but I couldn’t hold out that long. I decided to cut my losses (didn’t feel like it would be coming back up anytime soon) and dump it last week.
Fortunately, it was only about an 8% loss of a small investment.
