Friday, December 31, 2021

Portfolio Update (Dec)

I have finally come to the last post for the year. Although my portfolio didn't end too well, I have learned many valuable lessons in investing. I spent the last few months listening to podcasts on investing, and Tesla, and gained priceless insight on how successful people invests- by (1) having a concentrated portfolio (2) doing a deep dive research on companies to build that conviction. 

As I have mentioned in my previous blog post, I will gradually be reducing my stock count to 20, or even 15 if possible. At this juncture, growth stocks has entered into an oversold territory and it is not really the right time to divest for the sake of reducing my stock count. But I am pretty sure there will be a time when these stocks will regain their glory and market presents an opportunity for me to divest them. Even if they don't rebound in the near term, I am not too concerned either as all of the companies I am holding have strong fundamentals, it's just that some of their valuations were quite stretched back then. After all, volatility is the price that every investor has to pay when it comes to investing in growth companies.

Honestly, I am feeling tired as I write (age is catching up), so I will keep this post short and just to update my overall portfolio.

Growth Portfolio


Dividend Portfolio



Crypto Portfolio


Total Portfolio Value

Stocks and Crypto portfolio= $509,824

Cash on Hand= $73,076 

Total Portfolio Value= $582,900 (-$97,489)

Although there is a significant dip in my portfolio value, the actual dip was around $60k as I took out some funds to max out my CPF contribution and CPF top-up as a self employed because I forsee that I will be paying alot of taxes.



Achieve 78.71% of 2023's Goal

Achieved 14.91% of 2023's Goal

Also just to share that I will be migrating this blog to a new website which I have been working on for the past few months. It was my goal to have it live by the end of 2021, but due to work commitments, I was not able to launch it in time. It will be sometime in Feb 2022, and I will keep you updated.

Thank you so much for spending time reading my blog and I really appreciate you. If you enjoyed reading my blog, hope you can support me by liking my Facebook page here or sharing my post. You may also follow my Twitter account here, where I post my buy and sell transactions. Currently, I do not earn any fees through any affiliate programme or sponsor. If you have any queries, feel free to post them and I am happy to take questions! :)



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