Portfolio Update #3

Our first year is positive!

Jan 25, 2024

∙ Paid

During CY2023, S&P returned c.21% while the Straits Times Index was down -7%. Our portfolio returned 6.2%, beating the STI handsomely but failed miserably against the S&P. As mentioned many times, it is very, very difficult to beat the S&P. Let’s hope for a better second year!

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