This is a quick update of my investment portfolios on the last day of Nov 2023.
My SGX Income Portfolio value rebounds to $316k from $301k.
My US/HK Growth Portfolio value rises to US$17 from US$16k.
My SRS Ultra Long-Term Portfolio value inches up to $137.4k from $136.4k.
The US stock markets have hit new heights amidst increasing certainty of pivoting interest rates, ongoing wars and lingering fears of global recession. US 10-year and 30-year government yields have retraced from record highs and the Federal Reserve is expected to maintain interest rates steady at the 5.25 to 5.5% range till 2024. Local S-Reits have rebounded and stabilised slightly helping my SGX Income Portfolio recover back some paper losses.
Scary storylines about economies, monetary policies and geopolitical tensions just keep repeating, causing chaos and fear amongst investors and traders While being clouded by uncertainties, immense noises and fears, it is crucial that...