It is now 5 years, 10 months and 21 days ago since I started my investing journey at the age of 30 (February 19th 2018). I'm actually going to become 37 this year.
I recently did a re-look at my investing numbers:
- Cash injection dried up in 2021 - 2022: I was unable to inject any fresh funds/ make new purchases of stocks or REITs due to having to set aside cash for wedding and house commitments. (We should not invest the money we would need in the near term.) This set of commitments are now over and I can finally look to inject cash, and invest into my portfolio again.
- New Year New Career direction: Thankful that I am able to start a new career and increase my income. While my income has increased, there may be further challenges down the road that can eat into my ability to invest. (e.g. Starting a family)
- Invested portfolio performance in 2023: My Stock and REITs portfolio suffered a lot due to the high weightage of REITs, which has been heavily beaten down by the FED rate increases. Hopefully, for 2024 the FED rates will stabilise and see some recovery. Despite the lack of funds, my portfolio value is holding well. Dividends collected have stagnated due to not purchasing more assets.
Actual breakdown of the estimates:
- New assets purchase to bolster dividends: If I want to keep to my portfolio growth, I will need to quickly purchase some assets. At current point, I have been out of market for a while. I do hear of issues with Keppel DC reit and ESR reit. More research has to be done to purchase more units of stocks/ REITs. Perhaps it would also be an option to add to my current holdings instead of looking for new counters.
- Learn driving: I think many of my peers are quite shocked that at age 36 I still do not have my driving license. In the past, I see that my family is too poor so I will probably not ever have a car. Things however have changed, and it is possible that at some point I may consider getting a second hand car. Driving is also a good lifeskill to have, e.g. it might help me get around for work, if I'm on work trips.
- Do base job well in shortest time possible: It is quite a steep learning curve for me in my new role, and I need to pick things up fast so that I can start contributing to my new team that placed their faith in me, despite me not having very much knowledge of my work segment. I am mainly focusing on 2 aspects: people (networking), and doing the base job well.
Please feel free to share with me any stock information, or tips for driving school. Till the next time!
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