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Portfolio Update August 2022
By Live Rich Life Free  •  August 31, 2022
It is time to update my investment portfolios on the last day of August 2022. The stock markets remained volatile and uncertain under the immense noises engulfing Fed tapering, interest rates hikes, inflation fears, recession fears, pandemic fears, rise of US Treasury yields, Ukraine war, poor company quarterly results and so on. I stay unswayed and steadfast in my pursuit of financial freedom quest. I am on standby to deploy more of my war chest in S-Reits and US growth stock while collecting option premiums for fun. My idle cash remains in fixed deposits and money market funds such as Philip Money Market Fund, Fullerton Cash Fund in Moomoo and Singapore Savings Bonds generating average yields of above 2%. My SGX Income Portfolio value falls to $283.5k from $292.5k last month mainly due to fears about more interest rate hikes by the Fed to curb inflation, and post XD weakness...
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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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