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....