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My Investment Portfolio – SG (End Nov 2024)
By My Investment Machine  •  November 30, 2024
No transactions were made. I was waiting for a knee jerk reaction after the 2024 United States elections, but it never came for the US market. With Trump's victory, we are likely in for an inflationary environment. Although Trump made several positions including 60% tariffs on all China products, it is unlikely the tariffs will be so high. Meanwhile in Singapore, REITs went down sharply while Banks went up. This is due to the expectations that Fed Bank will slow down rate cuts as we approach an an inflationary environment. While my warchest is fully real, I am still happy to sit on the sideline. This is because as we approach the year end, I need to also start calculating and projecting my taxable income for Year of Assessment 2025, calculate how much I need to pay in terms of taxes. Also, do some stimulations on whether I should put money into my Supplementary...
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By My Investment Machine
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