My 7-Figures Singapore Portfolio

My portfolio has been painstakingly built over 20 years of investing. It is far from perfect and there could also be some glaring mistakes seen in my portfolio made years ago. After publishing below blog post, some readers have requested to share my 7-figures portfolio

On-Target for 6-Figures 2023 Income

To do my small part in contributing to the Singapore investing community, here goes 😅:

As a relatively conservative investor, the largest component of my current portfolio is Fixed Income Bonds, consisting mainly of 6/12 months T-bills, SSB, Fixed deposits and Temasek/Astrea Corporate Bonds. 

Next are the 3 local banks, which I picked up over the past few years. Would have loved to purchase more for a bigger % of my portfolio, but they have risen so much over the past year. In the past, I tend to avoid bank stocks, as I felt they are important yet boring companies. However as I age (more risk averse 😆) and analyze them further, they truly have solid investment moats in Singapore and very strong financial fundamentals. 

Mapletree Industrial Trust is a good Reit, strong sponsor with nice increasing dividends. I probably picked it up at a slightly higher price, on anticipation in the growth of its newer Data Centres purchases. With current weakness in Technology and rising interest rates, MIT prices have retraced somewhat.

Comfort Delgro seems to be a good proxy of the Covid reopening with packed MRT trains nowadays. But the lucrative taxi market have been carved away by Grab/GoJek private hires. Hope it continues to pay good dividend. Some patience is probably needed here.

Wilmar is a solid commodity company, which I have shared previously. Currently it seems to be shrugging off negative Adani news and edging slowly but surely up. Hope there's more price upside 😎

Is Wilmar at $3.94 a good BUY?

Everyone should be familiar with Singtel, as it used to be the largest company in Singapore. The banks have now overtaken its market cap position. Lucrative overseas calls have been replaced through technology like whatsapp/zoom etc. Industry players are also left wondering what is the next killer app for 5G. 

Oil & Gas companies (SMM and Kepcorp) used to be darlings of the 'black gold' market. Fierce competition from Chinese/Korean shipyards have eroded their profits. Hopefully with the recent merger of SMM+Keppel O&G, will we see better days ahead. 

This ends my humble sharing of Top10 portfolio. Hope it encourages u to press-on in your investing journey. Please feel free to comment below if u have further questions 😂