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March 2022 Portfolio Update
By Alpaca Investments  •  April 2, 2022



Portfolio allocation as of Mar '21.

SG Shares: DBS, SGX, Valuetronics

SG Reits: MCT, Lion-Phillip S-Reit ETF

US Growth: BABA, INMD, PINS, PYPL, SHOP, TDOC, TTD, UPST

Crypto: BTC, ETH, FTM, LINK, SOL

New positions were initiated through February and March. Most of the new US Growth positions were purchased in February. In March, mainly added to HSI and HST ETF positions and a bit of IQLT (2.4% of portfolio, not labelled in chart). There's considerable fear among market participants when it comes China exposure, as evident from Stashaway's reduction in KWEB holdings right before the rebound in Chinses Tech. Personally, I am still comfortable with keeping my exposure to about 20% of portfolio, and have continued to DCA into HSI/HST. 

There's a quote from Ben Graham, that "An Intelligent Investor is one who realises that the stock becomes riskier, not less as their price rises; and

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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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