Portfolios Jan 2022: $120,171.73
Updated: Feb 10
Cash Investment (Self Pick) : $65,584.01
Cash Nikko AM SG STI ETF : $ 5,539.38 SRS Endowus : $11,193.18
Forex Account : $30,203.28 Cash Balance : $7,651.88
The overall portfolio fell 2% month on month compared to the end of December 2021, owing primarily to the Chinese government's tech crackdown. Alibaba -51.44 %, Xiaomi -38.83 % is a glaring eye sore in my portfolio. You might be wondering why I didn't use a cost average down on these counters. As I believe that investing and growing my forex account will provide a better ROI at the moment, I will reconsider averaging down my costs into these two counters in near future. Wishing you a happy Chinese New Year!