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Portfolio Updates (January 2021)
By Fire By Fourty  •  January 17, 2021
Equity market had a good start of the year and STI has finally touched 3000.00 last Thursday! But it felt short of my expectations as I was hoping the index to breakthrough 3,000 psychological support/resistance on Thursday itself.  Hence I am expecting some pullback before it stays above 3,000. Whereas Nasdaq continued its climb to record high but ended modestly lower last Friday when Biden announced his $1.9 trillion stimulus plan and his tax proposals. Well that's the nature of stock market which the stock price reacts to every news that's going on but at least we can assured that market ups and downs won't be caused by single tweet anymore. (1) Dividend Portfolio Reits and bank shares in my dividend portfolio performed well in January which were lifted up my gains in STI and Hang Seng Index. Unfortuntately, I closed all my positions in Nikko AM STI ETF on the 6th Jan,...
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By Fire By Fourty
Join me on the journey to FIRE by 40! I share insights on investing, smart money habits, and achieving financial independence. Let's reach our goals together!
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