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Investing in the Year of the Fire Horse

Andrew Sheng
Andrew Sheng • 6 min read
Investing in the Year of the Fire Horse
The Fire Horse could be fiery in terms of volatile transformations, so buckle up and enjoy the thrills or scares in 2026! Photo: Albert Chua/ The Edge Singapore
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On Feb 16, we will say goodbye to the Year of the Wood Snake and hello to the Year of the Fire Horse. The Wood Snake has been a year of ups and downs, beginning with US President Donald Trump’s tariff shock in April. But since then, overall investments worldwide have been good for most investors. Based on a standard 60:40 equity/bond portfolio, returns were from 12% to 15% in 2025, whereas stock markets like Singapore returned 22.5%. Bursa Malaysia returned 13.2%, with better performance towards the year-end, while the ringgit appreciated by 10.2% against the US dollar.

One should not believe in astrology to predict your investment performance, but the Wood Snake last appeared in 1929 (the US Great Crash) and 1941 (the attack on Pearl Harbour and the US’s entry into World War II). Here is what one AI astrologer says about the Year of the Fire Horse: “It promises to be a vibrant, fast-moving and potentially transformative period. It’s time to embrace courage, pursue your passions and channel all that fiery energy into positive action.”

These astrological predictions are so general and can mean anything to anyone, so one should not believe in such prognostications, other than for entertainment.

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