I thought it would be interesting to do a Portfolio Update as haven’t done one since 2020. I think 2021 was the year I abandoned traditional finance for crypto. Let’s get to it.
Income Portfolio
| Holdings | % Allocation |
|---|---|
| Syfe REITs | 19% |
| DBS | 1.6% |
| SSB (Singapore Savings Bond) | 79.4% |
I’m starting a Income Portfolio so that I get consistent income throughout the year. The holdings in this portfolio should be able to generate income even when the market is down.
Interesting numbers. Back in 2021, I pretty much sold all my bank and REITs stocks, to get into crypto. I have just started allocating money back to these.
The only difference is that instead of buying individual REITs stocks, I am using SYFE Robo advisor to dollar cost average (DCA) into the REITs+ portfolio every month. (Back to Basics: REITs Investing with SYFE Wealth)
As for DBS stock, I have just started using OCBC BCIP (OCBC BCIP Review) to DCA every month, hence the low allocation for now.
I have bought a lot of SSB since May 2022, because of the higher interest rates. (Singapore Savings Bond (SSB) Aug 2022 at 3%- Should you buy?)
Growth Portfolio
| Holdings | % Allocation |
|---|---|
| Vanguard Growth ETF | 9.75% |
| Vanguard Value ETF | 13.49% |
| Ark FinTech | 5.49% |
| Ark Innovation | 4.72% |
| Virgin Galactic | 0.70% |
| 3.28% | |
| Hang Seng Tech ETF | 8.47% |
| Endowus Dimension Global Core Equity Fund | 4.02% |
| AutoWealth 80/20 Portfolio | 50.08% |
I had no idea I had this many ETFs/Stocks until I wrote this post. I bought most of the these (with the exception of Hang Seng Tech and Syfe SP500) back in 2019-2020. And I haven’t really looked at them since. I probably need to consolidate these in the future, so that I have lesser ETFs/stocks to manage.
I have DCA monthly into Hang Seng Tech ETF since last year using the OCBC BCIP.
With Autowealth, I have been DCA-ing every month since 2019. (Autowealth Review: 3 Years On)
And I have recently started DCA-ing Dimension Global Core Equity Fund using Endowus.
Crypto Portfolio
| Holdings | % Allocation |
|---|---|
| Alts | 5% |
| Stablecoin (USDC, BUSD) | 95% |
I have sold off most of my crypto holdings after the Luna crash, some at a loss, some with profit, such that overall, I still profited from this asset class.
I have been thinking more about the use cases for crypto and how crypto derives value. I think with crypto, it is either you believe it or you don’t. And at the moment, I’m just waiting until Sep, before I look into getting back into crypto. And even then, I think I don’t have as much conviction as I had in 2021, because of all that’s happened.
Anyway here’s a overall % of all the portfolios.
As you can see, at the moment, I am sitting at a lot of stablecoins. I might just withdraw 50% of it to buy the dip in some stocks and ETFs. We’ll see.
As always, I am grateful that I still have a job, and therefore still able to DCA my way in this market condition.