On the last day of July 2025, here is a quick portfolio update. My SGX Income Portfolio value increases to $415k from $404k due to the continued recovery of S-REITs as there is more certainty that interest rates will be cut 2 times by year end. Immense fears from global trade war and potential recession have subsided, fueling the US and SG stock markets to hit newer highs. My US Growth Portfolio rises to US$16.9k from US$16.3k. My SRS Ultra Long-Term Portfolio value inches up to $223k from $214k. Portfolio Actions Nil Portfolio Dividends Received $544.50 of dividends from SSB on 1 Jul. Received $147.50 of dividends from SSB on 1 Jul in SRS. Received $311.80 of dividends from Netlink Trust on 4 Jul as 310 shares from DRP.
< p style=”-webkit-text-stroke-width: 0px; text-align: center;”>SGX Income Portfolio
Portfolio Value = $415k
US Growth Portfolio
…
