My Investing Journey

  What's My Next Move: DBS, AIMS, or Parkway? As we reach the mid-year mark of 2024, I've been steadily investing in stocks while keeping ample cash reserves for potential market downturns—a promising opportunity to expand my portfolio. However, I find myself contemplating the next steps in my journey towards securing a comfortable passive income. Considering Investment Options: Should I increase my holdings in DBS, a stock I've previously endorsed in my articles? Alternatively, perhaps I should explore other potentially advantageous moves. Some Singaporean bloggers advocate placing funds in T-Bills yielding 3.7% to 4%, anticipating market corrections. They opine that it's not a matter of "if" but "when" such corrections will occur.   My Approach: Personally, I favor investing in stocks like Parkway REITs, which offer stable dividends at a 4.2% return. This approach not only provides a steady income akin to T-Bills or fixed deposits but...

May 2024 update on my Investing Journey  It's time for a May 2024 update on my investment journey. In my previous blog post, I talked about my interest in adding DBS stock to my portfolio. However, it seems that finding the right price to enter the market has been a bit of a challenge. With DBS trading around $35.50, which is close to its all-time high, I've been hesitant to make a move. As of May 31st, the stock closed at $35.89.   Despite not adding DBS to my portfolio just yet, I've made some other strategic investments this month. Here's what I've added: AIMS REITS : Purchased at approximately $1.26 - $1.27 per share. Mapletree Logistics REITS : Acquired at around $1.31 – $1.40 per share. While keeping an eye on DBS for a potential entry point, I'm encouraged by its current dividend forecast. Even at its all-time high, DBS is projected to offer an annual dividend yield of approximately 6.1%. This makes it an appealing option for those seeking consist...