Monday, September 30, 2024

Portfolio Update September 2024

Before we end off September 2024, let me quickly take a snapshot of my investment portfolios. 

Despite the ongoing geopolitical tensions and economic uncertainties in the world, my overall portfolio value has continued to grow, reflecting the resilience of my long-term investment strategy.

My SGX Income Portfolio value has seen a steady increase to $399k from $384k driven by the recovery of local S-Reits benefiting from the interest rate cuts starting from Sep 2024.

My US/HK Growth Portfolio has also seen a positive performance, rising to US$18.8k from US$17.8k.

My SRS Ultra Long-Term Portfolio value has experienced a modest uptick to $183k from $182k.

Market Outlook 

The US stock market has continued its upward trajectory in a healthy bull run on the back of looming presidential election and higher certainty of a lower interest rate environment in the coming future. Nonetheless, there will still be immense volatility from the occasional noises and fears attributable to ongoing geopolitical conflicts, and concerns about a potential economic recession. Despite these challenges, I believe that long-term investors should remain calm and focused on our investment objectives.

Investment Strategy 

My investment strategy remains unchanged. I continue to prioritize high-quality income-producing instruments, such as government-backed risk-free bonds, property related assets, and strong profitable growth businesses. By carefully diversifying my portfolio and remaining disciplined, I aim to weather any market storms and achieve my long-term financial goals.

Portfolio Actions

1. Sold 2,000 shares of PLife Reit at $3.93 in SRS on 9 Sep.

Portfolio Dividends

1. Received $138 of dividends from Savings Bonds in SRS on 2 Sep.

2. Received $299.55 of dividends from Savings Bonds on 2 Sep.

3. Received $752.40 of dividends from Capitaland Ascendas Reit on 2 Sep.

4. Received $418 of dividends from MPACT in SRS on 12 Sep.

5. Received $515.36 of dividends from Mapletree Industrial Trust as 231 shares via DRP on 12 Sep.

6. Received $289.83 of dividends from Keppel Reit in SRS on 13 Sep

7. Received $438.66 of dividends from Mapletree Logistics Trust as 431 shares via DRP on 18 Sep.

8. Received $363.92 of dividends from Keppel DC Reit in SRS on 23 Sep

9. Received $794.50 of dividends from Aims Apac Reit on 25 Sep

10. Received $321.68 of dividends from Capitaland China Trust on 25 Sep

11. Received $1,004.87 of dividends from CICT on 26 Sep

12. Received $42 of dividends from OUE on 26 Sep

SGX Income Portfolio

Portfolio Value = $399k


US/HK Growth Portfolio

Moomoo

US$4.5k


Tiger Broker


US$13.2k


Syfe Trade

US$1.1k


Portfolio Value = US$18.8k

SRS Ultra Long-Term Portfolio

Portfolio Value = S$183k



Thanks for reading.

With love and peace, 
Qiongster

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