Monthly Portfolio Update for October 2016 – Acquired New REIT ETF

In time of uncertainty, it pays to be like the tortoise – Slow but Steady. Especially if you are serious about building passive income for the long run instead of short-term gains.

For October, the biggest change in my portfolio was the purchase of this new REIT ETF:
http://synapsetrading.com/2016/10/singapores-first-reit-etf-should-i-add-some-to-my-portfolio/

I also removed the real estate component of my portfolio, as I felt that a residential property (of which the owner resides) is technically not a cash-generating asset, and it distorts the portfolio. You will notice that the portfolio looks a lot neater now.

Baby Hermann's Tortoise (Testudo hermanni), 18 months old

I was overseas much of October, travelling to Iceland, Ireland, and UK for a 2.5 week holiday, while letting my money work hard instead. You can check out my travelling photos here: https://www.instagram.com/iamrecneps/

monthly-portfolio-updates-october-2016-1

For my current allocation, my cash, my trading accounts and my fixed income investments remain the bulk of my portfolio, at 25%, 22% and 25% respectively. This is in line with my defensive strategy, since I only have 11% in Stocks and REITs, which allows me more room to increase the holdings when the market has a significant correction.

For October, we had pretty decent trading gains for stocks and for forex, which we withdrew and added to our warchest of cash reserves. This is in line with our strategy to keep a fixed trading capital base, since we only need a fixed capital base to consistently generate monthly returns.

REVEALED: FULL PORTFOLIO HOLDINGS!

Here are my current holdings as at the end of October 2016:
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For more insights into my portfolio construction, and how you can create your own customized portfolio, I will be touching more on it during my “Trading Foundation Workshop”, where I will cover all the essentials to kickstart your trading & investing journey. Check availability: http://synapsetrading.com/trading-foundation-workshop/

Good luck! 😀

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About the author

Spencer Li is a self-made millionaire trader & investor, who achieved financial freedom at 27, having to date accumulated a diversified portfolio of properties, stocks, REITs, and 10+ businesses across different industries. As a professional trader, he has over 10 years of market experience, and has been featured on more than 20 occasions in the media.

 

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