Portfolio Review (April 2023)

Review of my Portfolio (28/04/2023)

Total unrealized loss: - 9.8 %

YTD performance: +13.3%

Added in April

Goal 1: ( $28,248.40 / $66,186)⚔️

Growth Portfolio: -

Dividend Portfolio: Allianz income & growth, M44U, O39, OV8, BST

Portfolio Weightage

Dividend Recieved

Goal 2: ($3,157.91 / $11,000)❤️

Dividend recieved in April: $902.37

Opinons

Graph as 28/04/2023

• Did not add any US shares this month. The price remain elevated.
• So far most of the big tech beats earnings, especially $MSFT and $META soared ～10% in a day 😲.
• When prices surged like that, is not good. Be patient. Wait for it to drop below $400.

Sectors

• $XLY started to lagging from the index and the other 2 sectors. Is time to pay abit of attention to it. There may be an opportunity there. 😉

Finding Your Life Purpose

Some people are worry that after retired and stopped working, life will become meaningless and without purpose and want to continue to work after retired 🤨.

My answer, in short, just make sure you have the ability to retire first then worry about those things, get the pirority right, because retiring is getting more challenging in Singapore. 😂

Feeling Lost in life? WTF is purpose and meaning in life? 😂

What is purpose?

• Ultimately, purpose is just something that you make up in your head.
• It is essentially deciding something that is important and then doing it because you feel it is important.
• It is subjective and complete arbitrary. Thus, you can literatly find purpose anywhere eg. i can find purpose laying in bed watching Netflix all day, if i choose to 😂

• When people asking for purpose or searching for purpose what they actually asking is "i want to find an important use of my time."

Why is purpose important?

• There are alot of tactics and strategies that people go for personal development or self-help are able to be solved just simply by knowing your "purpose".
• Example people may struggle with finding motivation and be more productive. They look for tips how to stay motivated, be more productive at work, how to get up early..... etc.
• There are alot of tactics you can implement to be more productive at work, but if you hate your job and find it completely pointless. Then none of the tactics and strategies going to matter long term.
• Whereas, if you love your job and think the work you do is extremely important then alot of these tactics about motivation are not going to matter, because you will wake up everyday feeling excited and you will work on it.
• That also apply to the relationship between people. There are also tactics that can implement to optimize relationship. how to have a better connection, better friendship, network better..... etc.
• However, the ultimate thing that matters in relationships is a shared sense of purpose, shared value, share vision and shared goals. That is what bind people together.
• Thus, if you have not find the purpose, then developing intimacy in the relationships is going to be a problem.

• Because of that, having purpose in life is important.

Myth #1: We only have one purpose.

• You can have many purpose in your life, using your time well doing many things.
• You may find meaning in picking up your kids from school, spending time with your family, going to work.... etc. all the small little things.
• Purpose / meaning do not need to be extraordinary. The most important things in life are usually the most ordinary.
• It is also healthy to diversify our purpose throughout our life.
• If you are only getting your purpose and meaning from one thing and when that is taken from you. You will have a deep existential crisis.

• When you have multiple sources of purpose and meaning, when one is taken from you. You may fall back on other sources.

Myth #2: Our purpose stay constant throughout our life

• Finding that one thing you care about and you are set untill the day you die, is highly unlikely.😂
• I think this may happens to some people but they are the exception.
• It is more common for your purpose to change and evolve over time.
• What you feel important in 20 may be different when you are 30, then changes again when you are at 40.

• These is actually a good thing because you are constantly growing, evolving and exploring different aspect of life and who you can be, is a self discovery journey.

Myth #3: Having a purpose solve everything

• Having purpose does not solve all the problem in life.
• You will still have doubt and uncertainties, waking up feeling shitty, still feeling unmotivated sometime. Even if you have your dream job, you will still hate it sometime.
• Having purpose and meaning in life does not negate all these uncertainties you struggle with, it just make it easier to deal with and to find better problems to focus on.
• If you dont have the purpose/ meaning then it become impossible to feel content and satisfied. Your relationship, career or finding motivation will be difficult.

• Therfore, having a purpose is necessary but is insufficient for happiness.

Create your purpose

• Purpose is something matters more than yourself. Is about your perspective and value.
• Purpose is an activity or a idea or a person or a relationship you are willing to sacrifice for, not only you are willing but you are happy to give something up for.
• People who lack purpose tend to suffer from those low level tactical stuff, like struggle staying motivated, struggle to care about what they are doing or struggle to maintain a healthy relationships.
• Because they dont have the things that matter more than themselves.
• Generally, people who is extremely selfish and self-centered dont see other things more important than themselves, so they will never make any sacrifice, thus their time ultimately dont feel very meaningful.
• Therefore, the first practical way to find your purpose is to experiment with putting someone else before yourself or putting an idea or goal before your own pleasure.
• In short term, it is not fun to sacrifice for somebody or give up the things you enjoy doing to accomplish a long term goal.

• But what you find is the more you do that, the more you imbue with the sense of meaning and purpose, the more satisfied you feel about yourself.

The truth about life purpose

• If we follow the Maslow's Hierarchy of needs, having a life purpose is at the self-actualization stage.
• It is actually a privilege to have a life purpose, you need to have food, feel safe, have people even care about you and do something decently well to have self esteem before asking your life purpose.
• We build the pyramid from bottom up and not jump straight to the top.
• You are probably way ahead of many people in life, have a happy family and money is no longer an issue, because people whose main focus is to survive will just think about how to pay the bill at the end of the month.
• If you have not fulfill all your basic needs and physcological needs, get your life together first. 😆

• The truth is the question of purpose will never be solved.
• Purpose is an on-going creation. Purpose is something you create and maintain, sometimes you will lose it, then you go create again.
• Circumstances changes, life changes and the world changes, essentially what feels the value use of your time changes. Thus the purpose of your life changes. You will never know.
• Therefore, the key is not to answering the question but consistently asking the right questions.

Things to think about

Be honest to yourself, write it down and be as specific as possible to really dig down what bring meaning to your life.

• Do you feel a sense of purpose in life now?
• From what aspect of life you feel a sense of purpose? Work, Relationships.... ? Why?
• Do you feel you have good goals that you are making progress toward it?

• Do you feel like you are making meaningful sacrifices? If yes, what make it meaningful? If no, why are you continue doing it?

Previous Review

https://seedly.sg/opinions/portfolio-review-march-2023/