Portfolio Update December 2023 | Wonderful Finale

This is the last update of my investment portfolios for 2023.

My SGX Income Portfolio value rebounds strongly to $339k from $316k.

My US/HK Growth Portfolio value stagnates at US$17k.

My SRS Ultra Long-Term Portfolio value shoots up to $143k from $137.4k.

The US stock markets have attained record heights amidst increasing certainty of pivoting interest rates, ongoing wars and diminishing fears of global recession. US 10-year and 30-year government yields have retraced from record highs and the Federal Reserve is expected to reduce interest rates in 2024. Local S-Reits have rebounded strongly to boost my SGX Income Portfolio's paper value.

Intimidating storylines about economies, monetary policies and geopolitical tensions just keep repeating in the media, instilling chaos and fear amongst investors and traders While being clouded by uncertainties, immense noises and fears, it is crucial that long-term investors like us always remain calm, unwavered and focused on our investment objectives. Make the best out of current situation by allocating our financial resources into high yield risk-free bonds, stable and high quality income-producing assets, or strong growth businesses tactfully according to our own risk appetite.

I plan to continue stashing away idle cash in high yield cash funds while waiting for interest rates to fall while also adding high quality S-Reits or local bank stocks to my SGX income portfolio if opportunities arise in the next few months. I have no plan to add US/HK stocks.

Portfolio Actions

Nil

Portfolio Dividends

1. Received $296 of dividends from Savings Bonds on 1 Dec.

2. Received $132.50 of dividends from Netlink Trust on 1 Dec.

3. Received $188.00 of dividends from ST Engineering in SRS on 1 Dec.

4. Received $498.83 of dividends from Mapletree Ind Trust on 5 Dec.

5. Received $336.00 of dividends from MPACT on 8 Dec.

6. Received $880.00 of dividends from Frasers L&C Trust on 14 Dec.

7. Received $459.13 of dividends from Mapletree Log Trust as 318 shares under DRP on 19 Dec.

8. Received $819.00 of dividends from Aims Apac Reit on 22 Dec.

SGX Income Portfolio

Portfolio Value = $339k

US/HK Growth Portfolio

Moomoo

US$3.8k

Tiger Broker

US$12.6k

Syfe Trade

US$0.9k

Portfolio Value = US$17k

SRS Ultra Long-Term Portfolio

Portfolio Value = S$143k

Thanks for reading. Looking forward to the new year awashed with fresh beginnings and opportunities!

With love and peace, 

Qiongster