What an incredible run up that happened in the month of November. Early November began with a market level of around 2500 and ended the month putting on some 350 points to end at 2850! This update was prepared on 29/11. Edited 30/11 end of day, market slumped by 58points. So overall still this month up by close to 300points, or 12% gain in a month.
Imagine a person who predicted a big crash and turned full cash at 2500 level to some others who still have a high cash warchest. They would have missed out on this big run up in prices, and also dividends from some of the counters, if any.
Overall, I stayed the course, as I realised that I am unable to time the market and would fail miserably if I attempt to so do from past experiences. The edit above also proves this point . How can anyone predict the market accurately? Continued my weekly adding of dividend stocks. As the market rose, I switched my focus from banks to other undervalued stocks, as the former became less and less cheap in price.
This month, added more CIMB, Fujikon, Gas Malaysia, United Plantations, Pokfulam, Safety Godown and Wah Ha Realty.
This is becoming a very diversified portfolio with nearly 80 stocks from Sg Hk and My, with actually a very focused approach of increasing the dividends aka cash flow overall. This has two important advantages, one is that it reduces the risks to any one single counter progressively, two, it evens out cash flow over time. Initially, I was pretty happy in receiving dividends monthly. Now as time goes by, weekly also is happening. Of course, focus is not on weekly dividends and working the way to the counters, but rather work the other way round, at what's suitable to add.
And sleep is an important litmus test to whether the investment is suitable or not. If keep on thinking about stocks till insomnia, then something is wrong and needs to be examined.
Coming weeks cash coming in next week and after...
15/12 CLP
17/12 FLT OCK
* means approx date based on last year
Congrats all who owns the above counters and other counters paying out soon !
Stay the course. Let the dividends compound.
(Pls double check the dates and the above does NOT represent any recommendation to buy any of them)
Dividend by month
1) singtel Panasonic tai Cheung Chen Hsong holdings Takaful P&O Pokfulam Safety Godown
2) sgx plife starhillg fct sphreit cmt capitacom mit suntec hsbank lian beng nam lee singpost LPI capital FEC
3) taisin hsbank petronas capitaretail pbb clp zhulian hysan SHK P&O GMsia
4) hsbc dbs cimb TNB P&O
5) steng plife sgx uob sph starhillg fct sphreit cmt cdg hcg Singre teckwah mit sci suntec hlf ocbc ge ckh P&O UnitedPlantn
6) netlink hsbank maybank petronas Kc dbs hkland FLT clp zhulian Lung kee goldlion hung hing P&O
7) singpost tcil hsbc bochk aeon creditHK hk Beijing enterprises KWAH Miramar Hotel GMsia Pokfulam
8) singtel suntec ocbc starhill sci kc steng fct singpost sphreit cmt ock capitacom siaen mit sats uob cdg sci ksh gpi dbs LPI capital P&O Oriental Holdings FujiK
9) plife hlf teckwah singre capitaretail petronas hsbank ge hsbc ckh pbb clp wantwantchina Panasonic tai Cheung zhulian Chen Hsong holdings lung kee goldlion hysan Miramar Hotel Safety Godown
10) sgx tcil lian beng hkland hsbc maybank bochk aeon creditHK hkbeijing enterprise SHK TNB K WAH Hung Hing P&O GMsia
11) taisin sgx spost plife starhillg fct cmt siaen mit suntec dbs netlink hsbc cimb FEC Oriental Holdings
12) sph ksh ock sats ksh gpi petronas FLT CLP wantwantchina zhulian FujiK UnitedPlantn
@ dividend paying might change a bit cos agm dates shifted due to covid 19.
(all investments involves risks, including total capital losses and even getting in debt. please invest at your own risk)
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