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Portfolio Update Feb 2020 – BLOODSHED Edition
By Live Rich Life Free  •  February 28, 2020


My portfolio value plunged by $10.5k or 5.3% from $196.5k on 31 Jan to $186k on 28 Feb 2020. This correction was kind of expected due to the great impact of Covid-19 on the worldwide economies and businesses but as this is a long term income portfolio for financial freedom, I have no fear and should not worry about short term volatilities. I believe that this correction in the stock markets presents ample opportunities to add on quality businesses and Reits. In a recession, cash is king and as cheaper properties, cars and other assets will on offer.

No purchases or sales were made to this portfolio in CDP. However, I have sold Frasers Commercial Trust and bought ComfortDelGro in my SRS portfolio, which turns out to be at a wrong timing but no regrets and it is already history. I get to invest in the land transport business i.e bus,...
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By Live Rich Life Free
The purpose of this blog is for me to share my reinventions of how life should be lived and journal my journey towards financial independence. I believe that life is a story book. Each chapter contains 10 years of our lives. I am moving on towards mid 30s in 2021. As a nobody but somebody, I am in Chapter 4 of my story book. I hope to influence my philosophy of living a rich life freely and healthily with all of you. Embrace the future and empower freedom!
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