S$1.296m My net worth falls $22k or 1.6% to $1.296m despite collecting my Oct 22 salary, Sep 2022 CPF contributions and more dividends from my SGX income portfolio. The sharp decrease was evidently due to the tanking of Reits in my portfolios past few weeks from immense inflation and further interest rate hike fears. Cash is King and is indeed a great performing asset in a high interest rate environment. I have deployed my war chest into Fullerton SGD Cash Fund by Moomoo yielding more than 2.5% and into Money Market Fund by Phillips Capital yielding around 2%. Cash is still King! I plan to subscribe for the next few months of Singapore Savings Bonds, which should hopefully still yield more than 3% on average for the next decade. I continue to add high quality S-Reits into my SGX income portfolio to build up free cash flows in the future. The remaining 3 months of year 2022 remains challenging and turbulent....