Before we end off September 2024, let me quickly take a snapshot of my investment portfolios.
Despite the ongoing geopolitical tensions and economic uncertainties in the world, my overall portfolio value has continued to grow, reflecting the resilience of my long-term investment strategy.
My SGX Income Portfolio value has seen a steady increase to $399k from $384k driven by the recovery of local S-Reits benefiting from the interest rate cuts starting from Sep 2024.
My US/HK Growth Portfolio has also seen a positive performance, rising to US$18.8k from US$17.8k.
My SRS Ultra Long-Term Portfolio value has experienced a modest uptick to $183k from $182k.
Market Outlook
The US stock market has continued its upward trajectory in a healthy bull run on the back of looming presidential election and higher certainty of a lower interest rate environment in the coming future. Nonetheless, there will still be immense volatility from the occasional noises and fears attributable to ongoing geopolitical conflicts, and...