Last week financial headlines were either dominated by the impending local election or the worsening COVID-19 situation in US. The latter is spooking investors so much so that Dow Jones dropped 700 points on Friday alone. The local STI was trading within a very tight range throughout the week, and clearly losing the steam to … Continue reading Added Favourites & This Week Watchlist
Month: June 2020
Why Ireit?
In my last post, I mentioned that I bought Ireit and UOL on Monday. Some asked why Ireit ... I have Ireit on my portfolio for years already. Hence, my purpose for buying it was to accumulate and my entry point was around 70 cents. It would help me to average down my cost. Bulk … Continue reading Why Ireit?
Walk The Talk – Buy
It is a good Friday today as our local society moves into Phase 2 Recovery from the circuit breaker. I could literally feel a sense of relief and joy of people when I walked around my neighborhood to do some "shopping". But the same cannot be said of STI. It dropped 1.16% today. It has … Continue reading Walk The Talk – Buy
Top on my watchlist …
Finally found some quiet moments to reflect on what happened in the market last week and sketch some plans for this week. Confidence was shaken last Thursday when US market tumbled. The seemingly unstoppable rally that started in late March has started to reveal a chink in the amour. Will it crack further or heal … Continue reading Top on my watchlist …
Half Time Dividend Yield 2.6%
As I am typing this, I am seeing Dow Jones Futures hovering at 900 pts below yesterday closing number. This is the "first" 900 points change for quite a while. Back in mid March to early April, we saw heart-stopping 800-900 points change on the Dow Jones index every few days. Since then, the US … Continue reading Half Time Dividend Yield 2.6%
I Took Profit
In the last one week, STI ETF rose by 10% and my portfolio gained about 5%. I rode the climb with STI and took profit on some of my holdings along the way. I sold across the board - STI component stocks, S-Reits and some HK and US stocks. I was not so sure whether … Continue reading I Took Profit