I made an effort to cut down on buying dividend stocks due to the macro conditions and also due to the need for cash in the short-term for my apartment's down payment. Dividend bearing stocks (higher yield ones especially) then to have their prices stay stagnant or dip relative to interest rate rises and other related reasons. If you need the money in say 2-3 years' time a growth stock that allows quick gains may be the better choice. Of course, I did not sell all of my dividend stocks. A large portion of my portfolio is still dividend. I am aiming to change my portfolio from 100% dividend stocks to a 70:30 (div:growth) ratio. This should amplify my returns a fair bit.
Now I am predicting that auntie yellen will not push the rates up too high due to the weak economy outlook in the states. However I do foresee generally weakness in the global economy. Which may/would lead to lower rates but QE has been done by various countries to varying degrees of success. I don't think that is the method the administrators are going to use.
I do hope the Singapore (property) market continues to weaken so that I can spend less when my turn to purchase comes. I do think it is slightly overpriced now.
Strategies for June and July will be to keep itchy fingers from buying anymore dividend stocks and accumulating investible cash for the upcoming Fullerton IPO.
Saturday, June 11, 2016
So recently I have begun to appreciate having my mornings sane on weekends. I have more time to ponder over various things and in addition, get to have an extra meal ^^
I went with the missus to find some traditional breakfast food and to our disappointment one of the business owners told us that that particular food is lost. As in no one's selling it in Singapore anymore.
The other place I could think of eating it is in Taiwan.
Maybe I should go get myself some friends and go on a Taiwan food trip.
I went with the missus to find some traditional breakfast food and to our disappointment one of the business owners told us that that particular food is lost. As in no one's selling it in Singapore anymore.
The other place I could think of eating it is in Taiwan.
Maybe I should go get myself some friends and go on a Taiwan food trip.
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