Friday, February 8, 2019

January 2019 - Yaruzi's Portfolio Update

January 2019 was a stark contrast from December 2018. STI regained +200 points, Hang Seng +3300 points from their October low. Dow Jones regained +3300 points, S&P 500 +350 points from their December low. FED seemed to signal a pause in interest rate hike, changing from their hawkish tone last year.

I took the opportunity of recovering market to reduce my equity holdings to 18.09% as of end January. Cash & short term bond allocation increased to 81.91%. Portfolio value increased by $16,301.72 to $706,392.26 with $4,000 from fresh contribution. Profit YTD was 1.77%, XIRR YTD was 23.08%, and XIRR since inception improved to 4.86%.

January was a dry month for dividends. I received total dividends of $278.80.

DateSecurities NameFCYSGD
10-Jan-2019Singtel278.80 278.80



Link to Yaruzi's low cost portfolio as of January 2018

3 comments:

  1. Hi Yaruzi,
    InteresintI post. Realised you have been repositioning your portfolio by actively reducing your equity exposure. Do you mind sharing your opinions on doing so..? Instead of staying in the market.

    ReplyDelete
    Replies
    1. Hi Ren, 2 reasons:
      1. In my view, the longer term expected return from the current level will be low or flat. Hence risk/reward ratio to at the current level is not favourable to keep or add.
      2. In my experience, such a sharp rally like what we saw in Jan/Feb would not be sustainable. There will be opportunity to add or reenter at lower price.

      Delete
  2. Sure, thank you for sharing. That's really valid reasons to revisit portfolio amidst the economic changes these days.

    ReplyDelete