Portfolio

Last updated 1st December 2022

I split our investment funds into 2 portfolios:

  • Family Portfolio (~84% of assets) with Standard Chartered (jointly held with my wife), Tiger Brokers, FSMOne, and Syfe – geared towards long-term goals for the family and retirement
  • Personal Portfolio (~16% of assets) with moomoo and Webull – where I can take on higher risks

Family Portfolio

Our Family Portfolio was incepted in August 2016 and currently consists of moderate risk assets aimed to grow wealth for retirement. The portfolio contains 5 main asset classes: Equities, Bonds, Real Estate, Crypto and Cash.

As at 1st Dec 2022 (in SGD)

  • Portfolio value: $162k
  • Total P&L: -$32k (-19.8%)
  • Investable cash: $31.5k
  • Total dividends collected: $6.5k

Holdings (updated in real-time):

Personal Portfolio

My Personal Portfolio was incepted in May 2014, but stopped transacting in July 2016 when I turned my focus to the Family Portfolio. I closed all positions in June 2020 and started afresh in July 2020 with much more concentrated portfolio 100% in equities and only a handful of counters. This portfolio obviously carries higher risk, but I’m gunning for higher returns in the long-run.

As at 1st Dec 2022 (in SGD)

  • Portfolio value: $29.1k
  • Total P&L: -$3.2k (-9.9%)
  • Investable cash: $21.4k

Holdings (updated in real-time):

Emergency Fund

With high inflation and rising interest rates, I’ve had to put a portion of my cash from emergency funds into Singapore Savings Bonds (SSB).

See my previous posts on SSB:

Portfolio Strategy

The Family Portfolio is split into Core and Satellite:

  • Core – A mix of broad-market ETFs, sector ETFs, thematic ETFs, and country-specific ETFs.
  • Satellite – Individual stocks/REITs and crypto to try to add alpha/outperformance.

Generally, the Family Portfolio is growth-oriented but anchored by ETFs in view of our long time horizon until retirement. Other asset classes might be added temporarily for stability and protection against volatility, but will be used sparingly.

Usually when markets are hitting all-time highs, I plan continue buying but may either reduce monthly purchases or just accumulate the cash from the capital we set aside for investments every month from our regular paychecks.

If there’s a market correction (decline >10%), I plan to deploy my excess cash gradually in batches until I reach my ideal allocation. Should there be a market crash or bear market (decline >20%), I might consider deploying more cash and go below my ideal allocation. I plan to wait 1-2 months after the initial crash before doing this.

As long as we continue to receive regular pay checks, most of the time I’ll be a net buyer. I will try avoid selling or keep it to a bare minimum. Most of my selling usually only occurs when company fundamentals deteriorate, valuations turn extreme, or when my investment thesis doesn’t play out.

My Personal Portfolio is used for higher risk strategies like more speculative stocks, as well as a sandbox for trying out new strategies like options trading and shorting. I also have a small amount of capital in eToro which is a CFD platform with a unique feature that allows for copy trading other investors/traders.

Useful Resources for Portfolio Construction

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