This is a quick update of my investment portfolios for this short month of February.
My SGX Income Portfolio value rises to $340k from $328k mainly due to capital injection for scooping up MPACT, CLCT and nibbling of DBS.
My US/HK Growth Portfolio value stagnates at US$17k.
My SRS Ultra Long-Term Portfolio value increases to $147k from $139k mainly due to my contribution of around $7.5k to SRS.
The US stock markets have attained fresh record highs before recent retracement, 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....