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Portfolio Update July 2023
By Live Rich Life Free  •  July 31, 2023
Let me provide an update of my investment portfolios on the last day of July 2023. My SGX Income Portfolio value increases to $333k from $318k mainly due to capital injection for preferential offering of Aims Apac Reit, IREIT and rebound of Reits after more certainty in interest rate hikes and diminishing recession fears stabilising the stock markets. My US/HK Growth Portfolio value inches up to US$15.4k from US$15k. My SRS Ultra Long-Term Portfolio value increases to $141.8k from $135k mainly due to resurgence of OCBC. The US stock markets have hit new highs on a strong bullish run despite lingering fears of global recession setting and more potential interest rate hikes by end of this year. While being clouded by uncertainties, immense noises and fears, we must remain calm and clear-minded as long-term investors and make the best out of current situation by investing and deploying our financial resources into high quality income-producing assets or growth businesses tactfully....
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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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