Sunday, 17 November 2024

Taking a moment to appreciate an all time high in my portfolio | Thoughts on Portfolio going into 2025

My investment portfolio has attained all time highs with it reaching 190,000 SGD at the highest point when both Tesla and Bitcoin were at it’s all time high. Currently, it is about 185,000 SGD after some recline but it is still a high that I didn’t expect before 2024 ends. There might still be volatility approaching the end of 2024/start of 2025 but pretty happy with the portfolio performance.

All time high holdings

A lot of people would think that it’s great seeing all time highs with Tesla and Bitcoin but like what Ron Baron said on CNBC, Tesla is at the same price as it was at 2022. So it’s like we just held on without any profit if you did not add on any shares at it’s low although it seems from these 2 weeks that it has gone up significantly.

Bitcoin on the other hand has form all time highs but I have had to hold through it’s lows in 20,000 together with everyone where everyone was so down about crypto and how long crypto winter would last, it is amazing how sentiments can change just with a few events and the growth has been exponential. I also added some Palantir some time back at about $34 so it has been at an all time high propelling my portfolio value. But Palantir is a really small position compared to Tesla and Bitcoin.

Holdings that was not performing

Of course, not every holdings in my portfolio is performing well, in relative to Bitcoin, Ethereum is not performing amazingly as compared to Solana too. I do hold a substantial amount of Ethereum and it has not performed as great compared to Bitcoin and Solana. But I am still holding on, did convert a small portion of it to Bitcoin when Bitcoin was at 69,000. My crypto portfolio consist of Bitcoin, Ethereum and Solana at the moment.

Another one that is not performing as expected is the REITs holdings. I am currently putting money into Syfe REIT which buys into the top 20 REITs in Singapore. It did experience some gains when interest rate was cut, but has fallen since. I don’t really follow REITs news so I don’t know what cause the drop recently, I am still consistently adding a small amount monthly as it is for the long term meaning 10 to 15 years before I off the reinvesting portion and choose to cash out the dividends as needed.

Not life changing money but it helps

Overall, my gains has not been life changing money where I can throw the letter to my boss but it feels great seeing a significant growth. It also does feel that once the portfolio hits 100,000 the growth is more significant. Of course, my portfolio is super volatile with Tesla and Bitcoin being the majority, I do hold QQQ which is a larger proportion but in terms of holdings for my individual stocks, Tesla is the next biggest after QQQ.

It does feel pretty crazy seeing the growth the past few weeks, I have kinda rewarded myself with some good meals and thinking of spending a little more to enjoy on some experiences recently.

Going forward into 2025

Moving forward, I am still adding CSPX and REITs monthly. I will also add occasional positions mainly to Solana and maybe Bitcoin but just looking at it as a whole, I am accumulating cash as well. Not too sure how the world and markets will be as we end 2024 and enter 2025, bullish at the moment but we do not know how long it will last although many are saying that 2025 will be a bullish year too. How has your portfolio been looking?

Affiliate links/Codes:

► Where I store my Cryptocurrencies:
► Ledger: https://shop.ledger.com/?referral_code=980EF358BYAQM (Earn $10 in BTC)
► Where I buy my stocks:
FSMone Referral: P0364886
Tiger Brokers
Interactive Brokers (Open an account today and start earning up to $1000 of IBKR Stock for free!*Terms and Conditions apply)
►Syfe Trade Referral Code: SRPSL8MGX
►Syfe Wealth Referral Link: SRPSL8MGXE    

Monday, 7 October 2024

Q3 Portfolio Review | Reaching $150,000 but not there yet

I feel like time is passing really fast, I thought 2024 just started like a few weeks ago haha but now I am writing the portfolio review for the 3rd quarter of 2024. Crazy crazy how fast time pass.

News is also updated at a quick pace, Huawei with the tri-fold phone, then OpenAI raises $6.6 billion, Dyson and Samsung layoffs, Iran and Israel tensions and automation taking over the port and workers striking just to name a few of the bigger news these past few weeks.

Every Tesla shareholder is looking forward to 10.10 as Tesla plans to unveil their robotaxi. There is a lot of excitement building up so we shall see what really comes up on 10.10. Elon is known to build up quite a hype but sometimes disappoint when the product is revealed.

My portfolio has been on a roller coaster ride in Q3, I did pump some extra capital in besides my monthly DCA so the value increased substantially. At the end of September, we were so close to hitting $150,000 but the tensions between Israel and Iran brought the portfolio down. I hold a substantial amount in crypto so the portfolio suffered. I did record the value of the portfolio at the end of September so it has dropped quite a bit since then.

Stocks

Added a few Palantir shares before the escalation of the Iran and Israel, so far, it proved to be a good decision. Total position of Palantir is not huge in comparison to other holdings. Continuously adding CSPX monthly, not huge since only a few hundred is set to buy and CSPX is currently USD604.87 per share.

Stocks have been steadily growing since Tesla has seen a slight recovery, looking ahead at the interest rate cuts, it has since recovered a little but compared to the other Mag 7, the year has been disappointing. Holding onto my existing position and not adding. Stocks portfolio is slowly inching towards $100,000.

Crypto

Added quite an amount of crypto with spare cash that I have. Mostly added Bitcoin and Solana, not at the bottom but just accumulating. I do have a strategy to let go a portion if there is a burst and target prices are hit.

I think crypto is like the true rollercoaster ride, it can fall or go up within seconds of something happening. It is so reactive and yet many younger individuals love it including me as it provides returns that is outsized and gives that David And Goliath story with TradiFi. So far, not having huge rewards from it but I have been adding positions to BTC, ETH and SOL. Just these 3, with ETH being my biggest followed by BTC.

Syfe REITs

This is a portfolio that I am accumulating slowly for my later years. Just a couple of hundreds per month but I am thinking of stopping this year end and instead diversify in to REITs in the later years once my portfolio grows.

Total Portfolio

Hoping to end the year with an ATH but it all depends, not expecting anything. Sticking to my DCA-ing and continuing to Q4. I think the tough thing now is to see how long I can last in my job. I do see some instability and automation work being done for my role. Will have to check and maybe upskill in order to stay relevant, not too sure so I will need to research. Planning for travels in 2025 and feeling excited for them. How has your portfolio been looking? In Q4, will it be a bull or bear market?

Affiliate links/Codes:

► Where I store my Cryptocurrencies:
► Ledger: https://shop.ledger.com/?referral_code=980EF358BYAQM (Earn $10 in BTC)
► Where I buy my stocks:
FSMone Referral: P0364886
Tiger Brokers
Interactive Brokers (Open an account today and start earning up to $1000 of IBKR Stock for free!*Terms and Conditions apply)
►Syfe Trade Referral Code: SRPSL8MGX
►Syfe Wealth Referral Link: SRPSL8MGXE