[My 2023 Investing Review]
My overall equity performance is slightly negative (<3%). DCA'ing in ETFs help in buying the dip; individual lump sum trades in some stocks are in the red.
My Top Loss is Capitaland Investment Ltd (SGX: 9CI); this is my first time investing into 9CI in 2023, as I have always preferred CapLand REITS in the past. The weakness in prices below S$3.30 for 9CI attracted my attention so I decided to buy-the-dip, and will continue to hold, and consider to sell if it recovers above S$3.30.
My Most Successful trades would be buying into mid and long term bond funds during late Q2 to Q4 '2023. I have replaced my short term bond funds with SGD MMFs because MMF's great liquidity with bond-like high yield boosted my overall returns and compensated for my paper loss in equities. I am also keen in some of the USD MMFs, such as Fullerton USD cash fund offered by Tiger Vault, as I find the >5% yield attractive, although I have to accept the FX risk for holding USD cash funds.
My Investment Plan for year 2024 would be to continue to DCA into US Big caps stocks, thanks to neo-brokers like Tiger for making small trade orders possible with Fractional shares investing.
2024 is an exciting year to look forward to:
- Bitcoin ETF: crypto space is enlarged by allowing a new method for crypto onlookers to participate in digital currencies.
- Tiger Boss debit card offering fractional shares instead of traditional cashback.
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