Portfolio Update October 2022
By Live Rich Life Free  •  October 31, 2022
Today is the last day of October 2022 for me to give an update on my investment portfolios. My SGX Income Portfolio value increases to $272.6k from $266.2k last month as my injected capital of around $19k to add FLCT and FCT was offset by the crash of REITs from factoring in the impact of further interest rate hikes to potentially 4.5% by end of this year. The share price of REITs need to be compressed to maintain the same risk premium from the higher risk free rate. It is a short-term pain to swallow huge paper losses which at one point amounted to more than $30k. My US/HK Growth Portfolio value drops to US$14.5 from US$16.9k last month due to further weakness of tech growth stocks in the portfolios after growth concerns from recent results, immense recession and inflation fears. My SRS Ultra Long-Term Portfolio value falls slightly to $111.9k from $112.9k....
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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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