Contrary to what I was anticipating in June, global equity market kept edging up in July. STI broke 3,300 resistance in July, while Dow Jones recently reached all time high at 22000. Indeed nobody knows what the future hold. Instead of trying to look into the crystal ball, I believe a successful investor should plan and ready to execute the plan according to the events unfolding.
Total portfolio value was $591,206.28 as of end July. Return YTD was 4.58%, XIRR YTD was 8.47%, and XIRR since inception was 6.78%. Portfolio equity allocation was 44.50%, while bond/cash allocation was 55.50%. I injected a $4,000 fresh fund and I received a dividend of $365.11in July as per table below.
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