Today is the 1st day of 2025, and time to summarise and consolidate the whole year of 2024. Counting my blessings for the total profits of 2024 came in at a nice $184K. A major bulk of these came from the 3 local banks, followed by various reits, blue chip stocks and bonds. The past year has been a great run-up for stocks especially DBS, UOB and OCBC. I couldn't resist to take some profit, as prices climb to all time highs. Computing over the past 20 years, the accumulated profits have exceeded the psychological $1M. Who says you can only be a millionaire through property?! Stocks are also possible too and I am one of the many examples. Nice! 😎
Looking forward into 2025, the major wild card seems to be Trump. Some are optimistic with the anticipated tax cuts, others are pessimistic with upcoming tariffs war. It's certainly a more dangerous and volatile year ahead. With \...