Nov 2022 SG Portfolio Performance: +1.60% year-to-date, +125.47% overall.

STI was on fire this month, rising nearly 6%, erasing all the losses for the past 2 months following indication that the Federal Reserve may moderate interest rate hike given the inflation data appears to be tapering.

My SG portfolio fell slightly in Nov (-0.48%). One of the stock Golden Energy (SGX:AUE) sustained a 13% loss when it announced that it wants to exit the thermal coal business and delist from the Singapore Exchange (SGX), The losses managed to be covered by the gain of +38% from Chip Eng Seng (SGX:C29) which is currently undergoing buyout with a cash offer of 0.72. There are other smaller gains and losses that netted the portfolio return to be -0.48% this month.

Portfolio year-to-date return stayed positive at +1.60%. Overall return is currently standing at +125.47%. By the way, the SG portfolio is currently 100% cash despite the overall market rising. Not sure why. Maybe it is preparing for the next leg down. It is better to trade with care.

Below is the chart showing the SG portfolio's monthly return since inception. 

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On the US side, both SPY and my US portfolio were in the green for this month. My portfolio rose +1.17% while SPY gained +2.51%. Year-to-date return turned slightly green at +1.34% while SPY is still in the red at -15.66%. Portfolio total return rose to +120.44% still beating SPY which is currently sitting at +111.92%. 

Below is the chart showing the US portfolio's monthly return since inception.

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