Portfolio & Dividends Update : 4th Qtr 2022
Time flies and as the end of the year approaches, it's a good time to reflect on the goals and targets you set for yourself at the beginning of the year. Conducting a year-end review can help you assess your progress, identify areas for improvement, and set yourself up for success in the coming year. I think 2022 was a challenging year for everyone where we have seen the market swing like a pendulum. My portfolio returns fluctuate from having +ve 11% in early 2022 to -ve 10% in Oct and rebounded slightly to almost flat as of writing. As we are approaching 2023, is time to “ take stocks” on what’s happening to your portfolio and to review your investment strategy, assess your portfolio’s diversification and rebalance your portfolio if needed. Consider your risk tolerance: It's important to be aware of your own risk tolerance when reviewing your stock portfolio. If you're comfortable with a higher level of risk, you may be able to take on more aggressive investments. On