Encouraging Results for Q3 2024: What’s Next?
As we wrap up the third quarter of 2024, I want to share my investment results and outline my strategy for the upcoming fourth quarter. For Q3, I achieved a dividend income of about SGD 25,000. While this is a promising figure, it’s still a work in progress as I strive to meet my evolving goals. These goals shift as I adapt to inflation and aim to maintain a solid safety margin for a comfortable lifestyle. The primary contributors to my dividend income this quarter were stocks like DBS, UOB, OCBC, AIMS, and Mapletree Logistics. Moving forward, I’ve been preparing for my next dividend cycle, which will culminate in December 2024. Notably, UOB and OCBC distribute dividends semi-annually, meaning they won’t contribute to my Q4 income. To counter this, I’m considering investing in stocks that can bolster my Q4 dividends. I’ve also taken steps to prune my portfolio, divesting from underperforming stocks that have lagged over the past three years. The stocks I’ve significantly reduced ...