2022 Investing Review
Investment Performance in 2022:
My overall equity performance is negative. DCA'ing in ETFs help in buying the dip, but earlier investments in H1'2022 are in the red.
My Top Loss is ZIM Intergrated Shipping; this is somewhat my first 'confident' attempt in US small/mid cap. I believe many followers of ZIM are attracted to its high dividend payout, but we ought to be mindful of withholding tax, and the volatility of small/mid caps.
My Most Successful trade would be venturing into Money Market Funds. I used to like Short-term Bond funds, but was caught in Fed's aggressive rate hikes. Like many conservative investors, MMF's great liquidity with bond-like high yield boosted my overall returns and compensated for my paper loss in equities. In addition, SGD money market funds help in minimizing foreign currency risk, as I am also keen in some of the USD MMFs, such as Fullerton, Lionglobal, offered by Tiger Vault.
My Investment Plan for year 2023 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. As I believe in buy-and-holding quality US mega stocks upon major price weakness, I should not fear short-term price volatility, and that a balanced investment portfolio is my way to go.
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