The month of September marks the end of the 3rd quarter.
Theme: Portfolio overhaul
I was going through a series of deep reflections and decided to overhaul the entire portfolio of mine. At the end of the day, I am looking at a downsize concentration of equities. Though, geographically there is a shift to balance the stock holdings back on Singapore Exchange. While a lesser number of holdings out of Singapore as compared to the previous month.
Portfolio at a glance
Equities counters in BOLD represents adjustments to shareholdings increase/reduction through the month.
|Ascendas H Trust||Q1P||300|
|Mapletree Log Trust||M44U||200|
Dividends from various Markets
Received S$4.93 for HPH Trust.
Received US$9.44 (less withholding taxes) for STB.
Received RM17.89 (less withholding taxes) for MQ REIT.
Going forward, I am contemplating quarterly updates with a downsized portfolio and exploring the possibilities to buy in when the I have sufficient cash on hand. The current portfolio objective is to have a balance of REITs and non-REITs counters for both long-term gains and reoccurring income. Of course, there will be currency risks considering that there are 2 other markets which are invested in. Though the total portfolio value for Singapore vs Other markets is not more than 50%.
*Note: This article is purely written from a reflective perspective and does not constitute any form of financial advice or stock picking.