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Portfolio Update November 2022 – My Stocks Underperformed, Focusing on SSBs and REITs
By Finance Gnome  •  December 1, 2022
November was nice green month in markets, with all 3 U.S. indices DJIA, S&P 500 and Nasdaq 100 up around +6%. Stocks got a boost from better than expected U.S. October CPI figures and talk of slowing rate hikes by Fed chair Jerome Powell on the last day of the month. All eyes will be on the next FOMC meeting on 14th Dec, at which market participants are now pricing in a 77% of a 50 bps hike. However, our portfolio underperformed the market this month. My investing strategy and portfolio hasn’t changed significantly for quite some time now. I’ll continue to DCA into core ETFs via RSP with half the amount of monthly contributions to investments and let the remainder just accumulate in cash. As inflation remains high and interest rates rise, I’ll be looking for more safe ways to get better returns on idle cash through SSB, T-bills or other cash management solutions....
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By Finance Gnome
Hi, I’m Calvin! I’m a lucky husband and father of two wonderful kids. I work as an aerospace engineer at my 9 to 5. I’ve been investing since 2011, but my investing journey started off pretty terribly. Many of the stocks I bought lost me loads of money, call it tuition fees. Thankfully most of the time, I managed to bail out before losing everything.
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