2023 Sept Portfolio Update – Broke Below 7 Figure :(
By Happy REIT Investor  •  September 16, 2023
Been a while since I last provided any updates on my portfolio. Broke below the magical 7 figure. Currently at around 892k SGD. What this means is the portfolio has lost close to 30% value since Jul 2022 even though this year is my record year for dividend received. See previous post. Long awaited recovery of China tech stock didnt come as China's post covid recovery lost steam. Geopolitical reasons are also hampering the recovery as well. As for REITs, I am holding a big bag of US office REITs. The high interest rate and the American workers' preference to cling on to fully remote work arrangement didn't help. The consolation is, it does look like we are at the tail end of rate increase. I certainly hope so!...
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By Happy REIT Investor
A father on career break ( or career suicide) so he can spend more time with the kids and also to refocus his life and career. Random musings ( investment, kids, current affairs, TV shows and what not) of his everyday life as a "full time parent" depending on his passive income to pay for his part of expenses at home. Fortunate to have a very supportive wife ( who by the way prefers me to be at home all the time than to travel for work all the time) and 2 cute kids.

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