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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 consistent long-term passive income, especially as part of a retirement strategy.

As I continue to navigate the ever-changing landscape of the stock market, I remain focused on making informed decisions that align with my financial goals and aspirations.

This is my investing journey.

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