Fk the LJ reits

 Stoks

• Sold out entire position of reits including Link this week, Fed signaled only 1 potential cut this year after the meeting on Wed.
• No more exposure to China initially after that, reits cause share dilution and 90% payout ratio unless they decide to give a even bigger discount.
• Bought more DBS/OCBC although at higher prices, foresee them to continue earning high profits for the next 2 years.
• Reits unfortunately will have to bear the impact of the higher interest rates.
• Meanwhile US tech is going higher and higher everyday.
• Hearsay alot of money on the sidelines and all the money seems to continue flowing into Semicons.
• NVDA has reached 1300 presplit, MSFT and AAPL reached aths as well.
• SPY/QQQ broke aths day after day, does it make sense to invest in other countries other than US?
• Dabbled into TSLA options again, EM got his money so he will stay in Tesla for now.
• Imagine the stock rallying just because the CEO decides to stay in the company.
• Anyway puts are sold at the 160ish point, so not too bad of an entry point tbh.
• Lost quite a chunk of profits compared to last Month over Month, all thanks to reits which contributed nothing.
• Banks and tech will be the holdings as of now, next buy for DBS will be at 35 which gives a 6.17%. 
  
• May seem like a price anchor but I'm pretty sure they will still outperform reits.
• PH for SGX on Mon, shorter week of price movements.
• Sold last minute NVDA puts but turns out the rally never stops.

US P/L 270775.25

SG P/L 35773.50

Down-ed approx 15K SGD 

Redeemed USD MMF for CSPs

65893.99 SGD

1.3496 USD FX

*Sold entire stash of reits unless massive discount again

Massive overweight on Banks now, next few buys per $ down

61.1% Banks

0.27% US Tech 

38.6% Cash

Life

• A week of not much happenings, met w friend to discuss about finances.
• Gave into impulse for a BB54 homage for $128, a new purchase since last 5mths ago.
• Bought nose trimmer for $3, not too bad for value...pkl