Invest
Portfolio Update July 2024
By Live Rich Life Free  •  July 31, 2024
Here is an update of my investment portfolios for July 2024. My SGX Income Portfolio value increases to $373k from $359k mainly due the rebound of local S-Reits' prices underpinned by higher possibility of interest rate cuts by year end. My US/HK Growth Portfolio value inches up to US$19k from US$18.6k. My SRS Ultra Long-Term Portfolio value rises to $173k from $168k. The US stock markets have challenged new highs before a recent healthy correction, 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 looming possibility of rate cut soon. 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...
Read the full article
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!
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published. Required fields are marked *

*

Your Email Address will not be published
*

Read More Articles
More from thefinance