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December Portfolio Update
By Alpaca Investments  •  December 12, 2020
It's been a while since my last portfolio update in April 2020 (You may read it here: Portfolio Update: Staying the Course). At that point of time, my portfolio was down approximately 15% YTD, while it has since recovered to a YTD performance of -6%. While this is nothing spectacular, especially with US indices hitting all time highs, relative to the Straits Times Index which is down approximately 13% YTD, at least there's some outperformance. Accordingly, I intend to allocate a higher percentage of my portfolio to international stocks, especially US/HK tech stocks. I believe that we're in a time when one cannot exclude having tech exposure in our portfolios, given how tech companies have expanded to becoming an integral part of our lives. Indeed, this represents a shift from my value/dividend seeking approach to investing, but I aim to build a balanced portfolio with exposure to both growth and value stocks. Here's my latest portfolio as of 11 Dec 2020:...
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By Alpaca Investments
I'm currently an undergraduate studying accountancy in one of the local universities. My ideal career would be either in private equity or venture capital, as the analytical process involved greatly interests me. I believe in working hard, while concurrently putting our money to work. I currently have a low five-figures portfolio, accumulated from working part-time jobs, my National Service allowance and my savings.
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