This is a quick update of my investment portfolios to conclude the end of Sep 2023.
My SGX Income Portfolio value drops to $320.8k from $327k.
My US/HK Growth Portfolio value falls to US$15 from US$15.4k.
My SRS Ultra Long-Term Portfolio value inches up to $142.2k from $140.2k.
The US stock markets have corrected recently amidst increasing certainty of prolonged high interest rates and lingering fears of global recession. As a result, local S-Reits also tanked. Such storylines just keep repeating, causing chaos and fear amongst investors and traders.
Despite being immersed by uncertainties, immense noises and fears, it is crucial that long-term investors like us stay calm, unwavered and make the best out of current situation by investing and deploying our financial resources into stable, high quality income-producing assets or growth businesses tactfully.
I plan to continue adding high quality S-Reits or local bank stocks to my SGX income portfolio in the...