Portfolio Update: July 2022
By My 15 Hour Work Week  •  July 21, 2022
Pretty unfortunately, the previous update in April 2022 marked a local top for my portfolio. Since then, the portfolio is down by a record 6-digit amount. After almost 15 years monitoring the market, this macro environment is definitely a new experience for me. Rapidly increasing Fed rates in a high inflation environment. >5% mortgage rates will be an eye-opener for me if it happens in Singapore. Almost all assets (with the exception of energy stocks) are down. There seems to be no hiding place for “long only” investors like me. Even for assets that are supposed to be inflation hedges like bitcoin and gold, it has not been a pretty picture. All underperforming significantly against cash, not to mention inflation. I guess what’s happening is that people on the street are selling assets in order to pay for their expenses that has increased by >20%. Yours truly actually called out Hawker Chan in the previous post before the viral Mothership article....
Read the full article
By My 15 Hour Work Week
Hi, I am Thomas (a.k.a. Mr 15HWW) and I am in my early thirties. Very happily married (very strong emphasis here), I am the co-writer behind this blog. The other permanent writer is my wife Jasmine who has written two blog post so far (good luck searching for it here). But well, her contribution goes far and deep since she thinks she is actually the mastermind behind the rest of the other post ...

Your email address will not be published.


Your Email Address will not be published

Read More Articles
More from thefinance