The market had a mini sneeze during the past couple of weeks and the 15HWW portfolio was not spared.
The portfolio rose slightly by $1k to reach $415,000 but if we took into consideration an injection of around $2k+, this is another relatively poor performance organically.
1. 15HWW Permanent Portfolio
Earlier in the month, the USD actually dipped to USD 1 to SGD 1.36 but recovered back to 1.37 right now.
Interestingly, with the strong performance of the STI ETF (due to banks and developers), Berkshire B and Gold so far, the Permanent Portfolio is the best performing sub-portfolio for me. That’s even with cash and bonds “dragging” the returns. Luckily for me, this is by far the biggest sub-portfolio in terms of quantum.
USD-SGD Rate: 1.37