This is the first update of my investment portfolios for 2024.
My SGX Income Portfolio value falls to $328k from $339k.
My US/HK Growth Portfolio value stagnates at US$17k.
My SRS Ultra Long-Term Portfolio value shoots up to $139k from $143k.
The US stock markets have attained fresh record highs amidst uncertainties over interest rates, ongoing wars and diminishing fears of global recession. US 10-year and 30-year government yields have rebounded slightly and the Federal Reserve is expected to hold interest rates high for the short-term before cutting up to 6 times this year.
Despite 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. Stick to our own plan and continue deploying our financial resources into high quality income-producing instruments such as government-backed risk-free bonds, property assets, or strong growth businesses tactfully according to our own risk appetite.
I plan to start contributing to my SRS account while waiting for interest rates to fall while monitoring high quality S-Reits and local bank stocks for addition to my SGX income portfolio if opportunities arise in the next few months. I have no plan to add US/HK stocks.
Portfolio Actions
Portfolio Dividends
1. Received $123.20 of dividends from Savings Bonds on 2 Jan.
2. Received $147.50 of dividends fromm Savings Bonds in SRS on 2 Jan.
SGX Income Portfolio
Portfolio Value = $328k
Moomoo
Tiger Broker
Syfe Trade
SRS Ultra Long-Term Portfolio
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