This is a quick update of my investment portfolios on the last day of Oct 2023. My SGX Income Portfolio value plunges to $301k from $320.8k. My US/HK Growth Portfolio value inches up to US$16 from US$15k. My SRS Ultra Long-Term Portfolio value decreases to $136.4k from $142.2k. The US stock markets have corrected recently amidst increasing certainty of prolonged high interest rates, ongoing wars and lingering fears of global recession. US 10-year and 30-year government yields hit record highs and the Federal Reserve is expected to maintain interest rates steady at the 5.25 to 5.5% range till 2024. As a result, local S-Reits were hammered and impacted my SGX Income Portfolio greatly. Such storylines just keep repeating, causing chaos and fear amongst investors and traders. Clouded by uncertainties, immense noises and fears, it is crucial that long-term investors like us stay calm, unwavered and focused in our investment objectives. Make the best out of current...