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Portfolio Update May 2022
By Live Rich Life Free  •  May 31, 2022
Today is the last day of May 2022 for me to review my investment portfolios. The stock markets have remained volatile engulfed under the immense noises engulfing Fed tapering, interest rates hikes, inflation fears, recession fears, Omicron variant fears, rise of US Treasury yields, Ukraine war, poor company quarterly results and so on. Whether it will stay as a bear market or merely just a correction remains uncertain. There are emerging signs of stabilization and rebound. Nevertheless, time in the market always beats timing the market. Every market tank leads to a rebound, stronger than ever before. The stock market always and only goes up, at least for the S&P 500 or Dow Jones. SGX and HSI have no guarantee of such trend though. I remain invested and continue to hunt for income-producing assets and growth businesses in the coming few weeks, for the long-term. My SGX Income Portfolio value plummets to $271.4k from $283.2k...
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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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