Morgan Stanley predicts that Singapore stock market capitalisation will double by 2030

https://www.straitstimes.com/business/companies-markets/singapores-long-term-wealth-creation-set-to-boost-local-stocks-says-morgan-stanley

In this article, Morgan Stanley gives its assessment on the Singapore stock market.

Things look rosy indeed, where Morgan Stanley believes Singapore is "primed for wealth creation".

In particular, the statement below caught my eye:

The bank also predicts that stock market capitalisation will double by 2030.

I love bold statements like these from these 'experts'. 

Because we can easily verify if they are right or wrong. 

By 2030 we will know.

So as of today, 26 Jun 2025, the STI is at 3938.46.

By 2030, the STI is forecasted by Morgan Stanley to be at 7876!

Time will tell whether this prediction is accurate.

Interestingly, the 10 million population planning parameter is also projected for the year 2030:

https://www.straitstimes.com/singapore/politics/10m-population-not-really-a-ridiculous-number-for-spore-to-plan-for-liu-thai-ker 

The Government has said that Singapore's population is likely to be significantly below 6.9 million by 2030 - another number that drew consternation when first published as a projection in the Population White Paper of 2013.

Portfolio Returns for Jun 2025

I felt it would be good to track the returns regularly since they fluctuate frequently depending on the stock market.

Here are the movements for this month. Slight upward trend among my portfolios, except for cryptocurrency.

For the Robo-Advisors, there is a slight upward trend across all my portfolios.

                                            

Additionally, I think it will be interesting to see the breakdown of my portfolios in percentages (below). There is a component 'X' which I do not want to disclose for now. The concentration of 'X' is now 2.5%, which is nearing my comfortable point.

Several factors appear to have contributed to the market movements over the past month: 

• Middle East Tensions: Escalating tensions in the Middle East, including a pre-emptive strike by Israel on Iran's nuclear facilities, have led to a flight to safe-haven assets and pushed oil prices higher. High oil prices will likely have a downward pressure on stocks
• US-China Relations: Renewed uncertainty in US-China trade relations, despite some preliminary agreements, continues to dampen sentiment. Discussions around trade, tariffs, and access for Chinese students to US universities are ongoing.

Dividends for May 2025 - Towards 5k a month

Here are my dividends for May 2025:

                                    

So I collected $3,024.81 in dividends for this month. 

 
In case you are wondering, some stocks are repeated because I have 2 brokerage accounts.

Here are my monthly dividends over the last 6 years:

                                 

Here are the dividends I collected every year until the current day:

                                

Almost going to surpass the yearly dividends from 3 years ago.

Here is the progress of my average monthly dividends over the years:

                         

The value for 2025 is just based on 5 data points though, and it should decline as we get more data points.

I plan to first receive $2500 (achieved), then finally $5000 in dividends every month on average.

Additionally, I share the interest I received from the various banks for the deposits in this month:

                                        

Also, in this month I made $0 from my side hustle - Grabfood delivery. Didn't manage to find the time due to a new part-time gig I took up. 

All in, I made $3,754.40 this month from dividends, interest, food delivery.

Onwards!