This is the first update of my investment portfolios for 2024.
My SGX Income Portfolio value falls to $328k from $339k.
My US/HK Growth Portfolio value stagnates at US$17k.
My SRS Ultra Long-Term Portfolio value shoots up to $139k from $143k.
The US stock markets have attained fresh record highs amidst uncertainties over interest rates, ongoing wars and diminishing fears of global recession. US 10-year and 30-year government yields have rebounded slightly and the Federal Reserve is expected to hold interest rates high for the short-term before cutting up to 6 times this year.
Despite being clouded by uncertainties, immense noises and fears, it is crucial that long-term investors like us always remain calm, unwavered and focused on our investment objectives. Stick to our own plan and continue deploying our financial resources into high quality income-producing instruments such as government-backed risk-free bonds, property assets, or strong growth businesses tactfully according to our own risk appetite....