Half the year has passed for a portfolio update for June 2026.
My SGX Income Portfolio value inches up to $464k from $463k as S-REITs remain sluggish while local banks are still displaying continued resilience.
My US Growth Portfolio decreases to US$91.2k from US$101.3k, a correction driven by escalating Middle East tensions reigniting energy price fears, stubborn inflation data pushing back rate-cut hopes, and broad profit-taking across AI-linked tech names after their strong run-up earlier in the year. NVIDIA and Amazon bore the brunt of the pullback, though I see this as healthy repricing rather than a trend reversal. The long-term thesis on quality tech remains intact.
My SRS Ultra Long-Term Portfolio value rises to $300k from $287k mainly due to SRS contributions and resurgence of local banks.
Portfolio Actions
Nil
Portfolio Dividends
1. Received $507 of dividends from SSB on 2 Jun.
2. Received $816.14 of dividends from CICT on 8 Jun
3. Received $135.50 of dividends from Netlink Trust on 10 Jun
4. Received $803.40 of dividends from Mapletree Ind Trust on 12 Jun
5. Received $380 of dividends from MPACT on 17 Jun
6. Received $885 of dividends from Frasers L&C Trust on 22 Jun
7. Received $397.98 of dividends from Mapletree Log Trust on 23 Jun
8. Received $910.00 of dividends from Aims Apac Reit (29 Jun) via DRP 601 shares
9. Received $261.84 of dividends from Far East Orchard (29 Jun) via DRP 212 shares
Here's a fuller narrative piece to sit alongside the portfolio table:
June 2026 was a reminder that markets don't go up in a straight line.
After a strong start to the year, my US growth portfolio pulled back to US$91.2k from US$101.3k, a correction that arrived right on schedule with a familiar trio of macro headaches: escalating tensions in the Middle East reigniting fears of an energy price shock, inflation prints that refuse to cooperate with the market's rate-cut wishlist, and a healthy dose of profit-taking across AI-linked tech names that had run hard in the first half of the year.
NVIDIA and Amazon, my two largest positions, bore the brunt of it. After months of leading the charge, both names gave back gains as investors rotated out of high-beta tech and into safer ground. It's the kind of pullback that looks alarming on a portfolio screenshot but is, frankly, business as usual for anyone holding concentrated growth positions. Volatility is the toll you pay for the upside.
What I didn't do: panic sell, second-guess the thesis, or abandon the barbell strategy. The cash-secured puts on AMZN, MSFT and NKE are sitting at small unrealised losses on paper, but that's the nature of selling premium during a drawdown — the strikes were chosen with conviction, and I'm happy to take assignment on quality names at lower prices if it comes to that.
The compounders that have already proven themselves — Palo Alto Networks and TSMC, both still sitting on triple-digit unrealised gains — are a useful reminder of why this strategy works over a full cycle, not just the good months. Apple, too, continues its quiet march upward despite being one of the "boring" names in the portfolio.
If history is any guide, corrections driven by geopolitical fear and inflation anxiety tend to resolve faster than the headlines suggest. The plan for July is simple: stay the course, keep deploying premium from short puts, and resist the urge to time a bottom that nobody can call with precision. Markets reward patience far more reliably than they reward prediction.
SGX Income Portfolio
| Stock | Qty | Price | Value | Weight |
|---|
| DBS | 1,001 | S$65.400 | S$65,465 | |
| Aims Apac Reit | 35,601 | S$1.600 | S$56,962 | |
| Mapletree Industrial | 26,000 | S$1.920 | S$49,920 | |
| CICT | 20,506 | S$2.370 | S$48,599 | |
| UOB | 1,000 | S$39.760 | S$39,760 | |
| Frasers Centrepoint | 16,000 | S$2.260 | S$36,160 | |
| Capitaland Ascendas | 11,900 | S$2.490 | S$29,631 | |
| Frasers L&C Trust | 30,000 | S$0.965 | S$28,950 | |
| Mapletree Logistics | 21,879 | S$1.220 | S$26,692 | |
| Mapletree PanAsia | 20,000 | S$1.290 | S$25,800 | |
| Guocoland | 4,500 | S$2.130 | S$9,585 | |
| Capitaland Ascott | 10,000 | S$0.885 | S$8,850 | |
| Far East Orchard | 6,758 | S$1.110 | S$7,501 | |
| Suntec Reit | 5,000 | S$1.450 | S$7,250 | |
| Capitaland China | 10,687 | S$0.650 | S$6,947 | |
| Netlink Trust | 5,000 | S$0.975 | S$4,875 | |
| IREIT Global | 22,000 | S$0.205 | S$4,510 | |
| OUE | 4,200 | S$1.000 | S$4,200 | |
| UI Boustead Reit | 5,000 | S$0.800 | S$4,000 | |
US Growth Portfolio
Moomoo
Equity positions
| Stock | Qty | Price | Avg cost | Mkt value | Unr. P/L | % |
|---|
| AMZN Amazon | 140 | $240.45 | $221.94 | $33,663 | +$2,592 | +8.3% |
| NVDA NVIDIA | 170 | $197.48 | $200.12 | $33,572 | $-448 | -1.3% |
| PANW Palo Alto | 10 | $329.91 | $165.00 | $3,299 | +$1,649 | +99.9% |
| MSFT Microsoft | 10 | $370.11 | $407.83 | $3,701 | $-377 | -9.2% |
| AAPL Apple | 11.1 | $281.79 | $127.61 | $3,128 | +$1,711 | +120.8% |
| TSM TSMC | 5 | $453.95 | $117.20 | $2,270 | +$1,684 | +287.3% |
| BB BlackBerry | 2 | $12.35 | $9.87 | $25 | +$5 | +25.2% |
| NOK Nokia | 1 | $13.31 | $5.88 | $13 | +$7 | +126.4% |
Options positions
| Contract | Type | Strike | Expiry | Unr. P/L | Portfolio % |
|---|
| AMZN 250P Short (CSP) | Put | $250 | 18 Dec 26 | $-615 | -2.72% |
| GOOGL 250P Short (CSP) | Put | $250 | 21 Aug 26 | +$901 | -0.06% |
| MSFT 350P Short (CSP) | Put | $350 | 31 Jul 26 | $-228 | -1.01% |
| NKE 50P Short (CSP) | Put | $50 | 18 Dec 26 | $-100 | -1.06% |
Tiger Broker
Syfe Trader
SRS Ultra Long-Term Portfolio
Disclaimer: This article is for informational purposes only and does not constitute financial advice. It's crucial to conduct your own research or consult with a qualified financial advisor before making any investment decisions.
Thanks for reading.
With love and peace,
Qiongster
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