To The Moon

🌟🌟🌟I am a slow and steady kind of girl and even though 2023 has its ups and downs, I am happy with my performance. 

I have allocated my portfolio into 2 segments - Core and Satellite.  My core portfolio consists of plain vanilla ETFs and some blue chip stocks while my Satellite portfolio consists of my tactical plays and speculative bets.

My best performing stock in my Core Portfolio is $DBS GROUP HOLDINGS LTD(D05.SI)$ 

I am currently up 30%.  Even though DBS had not experienced any spectacular growth in  2023, it has rewarded me with dividends of 6.88% which are paid every 3 months.   I bought DBS in 2020 for just SGD 25.58 and have never looked back.    DBS is Singapore's largest bank and the safest in Asia.  It is a solid Singapore blue chip which has a wide moat, is profitable, a rock solid balance sheet and an excellent management team. 

My best performing stock in my Satellite Portfolio is $PropNex(OYY.SI)$ .  I am up 139% currently. It is the largest Real Estate Agency in Singapore with over 12,000 real estate salespersons.  The current dividend yield is 11.29%.  In Land Scarce Singapore, Propnex is well positioned with an excellent network of real estate sales agents to capture the lion's share of the market. 

In my US portfolio, my best performing stock is $Alphabet(GOOGL)$  

which is up 20%.  Google's share price has been rather volatile.  It tumbled to a low of USD 84.86 in 2023 and jumped to a high of USD 142.68.  It took some courage for me to hold onto Google when it dived  to below USD 100.  However I asked myself what is the long term business prospects for Google and the answer was clear.  Google has 92% of market share in its search engine business.  It is very much into AI especially with the recent  unveiling of Gemini in December.  Gemini is a family of multi modal large language modes developed by Google DeepMind as a contender to  $Microsoft(MSFT)$  

ChatGPT.  Google said that Gemini is its most capable AI model yet. 

My plain vanilla ETFs such as $SPDR Portfolio S&P 1500 Composite Stock Market ETF(SPTM)$ have done well.    My best performing US ETF is $Energy Select Sector SPDR Fund(XLE)$ which is up 41%.  With the current geopolitical conflicts, XLE is my tactical bet on the US Oil Giants like Exxon Mobil and Chevron Corp.  It pays me a good dividend of 3.55% while I wait for capital growth. 

With my long term strategy of Buy and Hold, I will continue to dollar cost average into my Core Portfolio and seek new opportunities in 2024  for undervalued or fast growing stocks.  

Investing is after all a Marathon, not a Sprint.  Yesterday would have been Charlie Munger 's 100th birthday.  He said The Big Money is not in the Buying and Selling but in the Waiting.  This is the basis on which I invest.  Volatility is the name of the game in investing but with patience and time in the markets, it can lead to outsized gains. 

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