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Portfolio Update Jan 2021
By Live Rich Life Free  •  January 31, 2021
Wrapping up the first month of year 2021, my portfolio value increases $3k to $246k. While equities shot up during the beginning of the year, they corrected recently to reflect reality and we also witnessed how the mighty strength of retail investors can counter the financial power of hedge funds in the Gamestop saga. I adopted a passive approach and have not made any capital injection for new investments and did not take profits from selling any counter in my portfolio. My primary war chest in POEMS Market Money Fund stands at a meagre $2k. This will only increase after dividends are cashed in from Feb to Mar 21 and channeling of savings from Feb's salary into the war chest. I intend to top up another $2k to my CPF SA account to complete the RSTU of $7k. Then I will focus on topping up my SRS account to max out the limit...
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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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