Tuesday, 31 March 2020

Portfolio and dividend update March 2020 - start of covid market crash !

Dividend by month

1) singtel
2) fcot sgx  starhillg fct sphreit cmt  capitacom mit suntec hsbank lian beng nam lee singpost
3)   taisin  hsbank petronas capitaretail
4) hsbc dbs
5) fcot steng sgx  uob sph starhillg fct sphreit cmt cdg hcg Singre teckwah mit sci suntec  hlf ocbc ge
6)  netlink hsbank maybank petronas dbs hkland
7) singpost  tcil hsbc
8) fcot singtel  plife  suntec ocbc  starhill sci steng fct singpost sphreit cmt ock  capitacom  siaen mit sats uob cdg sci ksh gpi dbs
9)   hlf teckwah singre capitaretail  petronas hsbank ge hsbc
10) sgx tcil lian beng hkland hsbc  maybank
11) fcot taisin sgx spost  starhillg fct cmt siaen mit suntec dbs sia netlink hsbc
12) sph ksh ock sats  ksh gpi  petronas



Remarks:

Reduced reits exposure basically because the yields are getting too low to hold and there are more attractive options. And this was luckily before covid crash.

Added more banks-local and overseas. Sold off SIA- as on longer fit long term investment thesis on review.


Still much the same strategy during covid market downs as during normal times

- adding weekly
- doubling or even more during huge market downs

For myself, I realised early in my investment career that I am unable to time market movements (in fact would fail miserably) and execute my buys accordings thus decided that better to adopt an approach of regular adding. This will inevitably catch lows and enables one to add more when prices are lower and add less when prices are higher. Of course, some are able to time, and if they really can, and Huat more this way, why not?

At end of day one is competing with no one but himself and needs to be honest as to what suits him.

So in Essence, this strategy which suits my circumstances and psychology, there is no need to time the market  as weekly add would average price out and doubling/tripling during downs would increase my holdings at lower prices. After all who exactly knows where market is heading? At least not me. Do u?



(all investments involves risks, including total capital losses and even getting in debt. please invest at your own risk)