This will be just a quick update on my portfolio. Basically, it has been rather uneventful.
I am still in a net cash holding position in relation to my stock holdings. For this month, I did not divest any of my stock holdings. Personally, I am pretty comfortable with my holdings.
- Robert Shiller: With stock valuations high, it’s time to reduce your holdings (read here)
I have been doing some internal adjustment to my holdings:
- I topped up my SRS account.
- Transferred money from my CPF OA account to the CPF Special account.
- Bought Insurance: An Enhanced Incomeshield policy (Hospitalisation) and a Whole Life policy for my daughter. (A present from mom & dad, to her on Father’s Day)
I reckon the Whole Life policy is a ‘good to have’ insurance (kids don’t have term policies from what I have gathered). Whole Life policy is really not a necessity......