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Portfolio Update June 2024
By Live Rich Life Free  •  June 29, 2024
This is a quick update of my investment portfolios for June 2024 before I fly off for a China trip funded by dividends. My SGX Income Portfolio value decreases to $359k from $365k. My US/HK Growth Portfolio value inches up to US$18.6k from US$18.5k. My SRS Ultra Long-Term Portfolio value stagnates at $168k. The US stock markets have challenged new highs amidst uncertainties over interest rates, ongoing wars and fears of economic recession. US 10-year and 30-year government yields have declined and the Federal Reserve is expected to hold interest rates high with a possibility of no rate cut for the 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,...
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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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