My net worth rebounds $20k or 1.8% to $1.32m.
The rebound of my net worth is mainly due to recovery of Reits in my portfolios in past weeks after reduced interest rate hike fears from cooling in US inflation report, together with savings from this month's salary, last month's CPF contributions and some dividends received.
Another interest rate hike of 0.25% to 0.75% is in the pipeline by the Fed on 14 Dec to curb unwavering inflation and hence will allow interest rate to remain in the 4+% range till at least early 2023.
I plan to subscribe for the next few months of Singapore Savings Bonds, which should yield above 3% and close to 4% on average for the next decade. Ultimately, I hope to max out personal limit of $200k.
I will slow the pace of adding high quality S-Reits or growth tech stocks into my investment portfolios as the stock markets remain weak and volatile despite signs of stabilizing recently....