Friday, 21 August 2015

Dividend uses - portfolio update

Portfolio remains unchanged.

Lots of dividends from stamford land, parkwaylife, suntec reit, st engineering coming in from today to the next 2 weeks.

By right, i would reinvest them the moment the arrive.

Looking at the entire bearish market, at around sti 2950 currently, personally i dont see any end to this bear anytime in the next 1 or 2 months.

I will keep my dividends, instead of deploying them and suffering a likely hit.

I would probably be wiser using some of it to treat myself n my family to a good meal or holiday and wait for the big bear to unfold itself.

Of course my view could be wrong, but i guess it cannot be wrong to pamper ourselves once a while.

Cheers!

4 comments:

  1. With a big Singapore sale going with the stock market, why stay away when the discount is on now?

    ReplyDelete
  2. Haha..very true. I guess with dividends coming in every mth, i dont really need to bother about that.
    But we do need to pamper ourselves once a while, not just reinvesting our funds...right?

    ReplyDelete
    Replies
    1. That, I agree. Have a nice weekend. Enjoy.

      Delete
  3. I recall vividly the late khoo teck puat very famous saying
    "When no one wants it, that's the time to buy a few million."

    ReplyDelete

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