It has been some time since I last updated my portfolio. Unfortunately, not much difference for my portfolio growth as my SREITs got hammered down badly again from the global oil crisis triggered by the US-Iran war. As of this post, the Straits of Hormuz whereby 20% of the World's oil supply are being shipped from the Middle East remain blocked. Previously, Iran allows countries which paid extortion fees of US$1 per barrel of oil (total as much as US$2Mil per tanker which carries up to 2 million barrels) via crypto currency to cross however, crazy Donald Trump has setup a US Naval blockage to stop all such ships in order to prevent Iran from monetising and profiting self-proclaimed protection fees.
Nevertheless, I managed to improve my projected dividend income this year by switching lower yield Keppel Ltd, Capitaland China Trust and Ping An Insurance Group for Link REIT which has a higher yield of 7%. This will be an average yield per month of S$4.4K. Please see my further elaboration in my margin Portfolio 2 below.
1. Portfolio 1- Stocks Held in SGX Central Depository
Finally took profit off Har Paw Corporation by selling all my shares to realise 100% profits. Have re-invested in Genting Singapore which is currently at its 52 week low price. With Genting capital expenditure of US$5.3 billion for waterfront expansion, it will continue to attract tourists.
2. Portfolio 2- Margin Purchased Securities
(Note: My margin purchased securities has grown to a sufficient scale to sustain itself and can pay off annual financing charges as well as to gradually pay down the margin loan through the dividends generated.)
(Note: My margin purchased securities has grown to a sufficient scale to sustain itself and can pay off annual financing charges as well as to gradually pay down the margin loan through the dividends generated.)
Keppel Ltd and Ping An Insurance Group has enjoyed close to 90% to 100% capital and dividend gain and its dividend yield has thus dropped significantly relative to my original investment cost. I have sold off part of my stake in Keppel Ltd and all my Ping An Insurance stocks and bought Link REIT which was offering dividend yield of close to 7% and way below its NTA per unit.
Additionally, I have sold off all my Capitaland China Trust earlier this year and switch to Link REIT.
3. Portfolio 3 (with Tiger Brokers and MooMoo)
(Venture into higher risk as well as capital growth stocks here)
Bought additional Link REIT here and also bite the bullet and sold off bulk of my Oceanus shares.
4. Portfolio 4 (Endowus Unit Trusts & Other Investments)
Parting Thoughts
To be honest, I am extremely disappointed that the SREIT rally since Q4 2025 has now reversed due to the global oil crisis and seems that I am back to square one. The consolation is that many stocks and REITs are now at a huge discount. Have thus took this opportunity to buy more equities with a view to be cautious since the oil crisis will get worse and we are staring at the probability of a deep global recession.
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