Has it already been.. 2 years?
Omgosh. Time flies
Month started off with some.. joyous rally as Fed rate hike seems to have stopped. However ongoing geopolitical uncertainty pulled back the market slightly. From the middle east conflicts to Europe to China. Plus while Fed hinted at rates peaking, they went ambiguous mode upon realising market went up full force, fearing that market may be too quick to respond. Some moderation of cos will be expected.
My REITs all took the month to recover some of the losses. ComfortDelgro finally started to pull itself up thanks to the rise in taxi fares.
Generally my REITs should move uptrend in 2024. Hopefully I managed to scoop up at a good enough price this year.
Looking back in 2023, I saw myself not acting on opportunities but acting impulsively on market movement without doing due diligence. Lost quite a bit cos of poor decisions. Hopefully in 2024 I do not let FOMO get in my way of trading. Trade when I have to, not when I want to.
I looked at my portfolio in end 2022 and realised, wow how much my portfolio has grown! A solid 40% increase in value, thanks to both market recovery and lots of fund injection.
Plus, I hit 3k dividend this year! Plus my Grab earning for the year, looks like I gained extra 10k for the year. Yay.
My target for 2024:
- Buff my portfolio to 80k at least
- Drive grab once a monthUpdate #25:
Warchest: 684.09
Dividends received YTD: 3187.76