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Portfolio Update September 2023
By Live Rich Life Free  •  September 30, 2023
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...
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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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