Portfolio & Dividend Update : 28 Dec 2024
2024 is about to end in a few days, it was a rollercoaster year of market swings like a yoyo—up one moment, down the next. My portfolio value also had the same fate with the value up by +23% at one time and down to -2% at another point, and ended up with +16.5% as of 28th Dec 2024. Volatility ruled as global uncertainties and shifting sentiments tested investors' ability in portfolio management. Yet, amidst the turbulence, opportunities emerged for value-seekers to capitalize on irrational market moves. Let’s dissect how these dynamics shaped my portfolio performance and strategy this year. The Singapore Straits Times Index (STI) saw a mixed performance YTD 2024, reflecting the broader market volatility. Starting the year on a positive note, it faced sharp corrections mid-year due to global recession fears and geopolitical uncertainties. It recovered strongly in 2nd half ( up by almost +13.2%), ending with a gain of around 16.4% YTD with a strong performance from 3 Big Banks, ...