LIVE RICH LIFE FREE: Portfolio Update Jan 2022

Monday, January 31, 2022

Portfolio Update Jan 2022

It is time to review my investment portfolios as the first month of 2022 comes to an end.

The stock markets are still undergoing a correction phase under continuous immense noises engulfing Fed tapering, interest rates hikes, inflation fears, Omicron variant fears, rise of US Treasury yields, looming market crash and so on.

My stance and plan are clear. To remain invested, slowly and steadily increasing investments in income-producing assets or growth businesses regardless of all conditions and noises.

My SGX Income Portfolio value plunges to $264k from $272k last month. As this is a Reit heavy portfolio, the looming of 4 to 5 interest rate hikes lead to a corresponding large impact on the share price of most Reits even though the impact to most Reits that have hedged their loans is relatively small. I am not too concerned about short-term volatility even though this may result in a drop in my net worth, because I am more focused on long-term passive income. As long as fundamentals do not change, I will not panic sell any of my holdings, but rather add them slowly instead.

My US Growth Portfolio value increases to US$7.3k from US$6.9k. I injected around US$1k into Moomoo trading account as it encountered margin call due to holding Palantir put options while its share price keeps plummeting. I am on the lookout to initiate new or add positions in tech stocks soon.

My SRS Ultra Long-Term Portfolio value decreases to $100.6k from $102k. The decrease is mainly due to tanking of Keppel DC Reit which is offset by the spike in OCBC, both attributed to interest rate hike.

Portfolio Actions

1. Added 1,500 shares of Mapletree Industrial Trust at $2.63.

2. Redeemed 1 share of Meituan (HKG.3690) 20% discount at HK$168 on Tiger Broker.

3. Redeemed 1 share of Tencent (HKG.0700) 10% discount at HK$417.24 on Tiger Broker.

3. Redeemed 1 share of Walt Disney 20% discount at price of US$123.91 on Tiger Broker.

4. Rolled down 2 units of Palantir by closing PLTR220121 put option with $22 strike price at US$6.6 and sold PLTR220819 put option with $20 strike price at US$6.1.

5. Bought 1 share of Citigroup at US$66.20 with US$10 stock voucher.

6. Bought 1 share of Dell Technologies at US$56.88.

Portfolio Dividends

1. Received $112.50 from Savings Bonds on 3 Jan.

2. Received $116.88 of dividends from Mapletree Logistics Trust on 12 Jan.

3. Received $873 of dividends from Capitaland Integrated Commercial Trust on 28 Jan.

SGX Income Portfolio