My 2024 Mid-Year Recap

My 2024 mid-year recap is summarised as follow:

My rate of return was -5.37%. I have traded 40 stocks which comprising of 10 profitable stocks & 3 loss stocks and the overall winning rate was 25%. I have received the most profit from investing in $Bank of America(BAC)$   and I have lost most money in $HPH Trust SGD(P7VU.SI)$ Thank you so much Tiger Broker for charging a low commission fees which enable us to average down the cost price of our stocks easily and therefore can help us to earn more money.

My portfolio did not see any explosive growth during the first 6 months in 2024. The only consolation is both my US and Hong Kong stock portfolios have finally turned green due to the soaring US (especially $Alphabet(GOOG)$ & $NVIDIA Corp(NVDA)$  and Hong Kong stocks, whereas my Singapore stock portfolio is still in deep red due to the high interest rate.

Federal Reserve is leaving the interest rate unchanged and most probably commencing the rate cuts as late as December 2024. The high interest rate and surging inflation have an adverse impact to my Singapore stocks which are mostly comprising of Reits. Reits borrow money to refinance their loans for the real estates, the high interest rate has hampered their performance. I will continue to hold my Reits and collect the dividends which are distributed quarterly or semi-annually. Hopefully, my Singapore stock portfolio will turn green by end of 2024.