
paullowinvestmentjourney
2021-01-17 16:10:18
PORTFOLIO AND DIVIDEND UPDATE DECEMBER 2020
The year started with index 3238 and ended a couple of days back with index 2843. This represents a drop of 12.2%. I stayed the course and continued to add more dividend stocks. At STI 2800 plus, local market is starting to appear not so cheap. But compared to other major indices it’s relatively cheaper. As I am already pretty heavy on local banks, I turned my attention to overseas market, mainly HK and My.I continued to add shares which I see potential for good dividend payouts and subscribe to scrip dividends where possible. The past year, the latter proved fruitful, as in the case of local banks, Far East consortium and sinoland. I took position in water oasis. I noted that it has postponed its board meeting and now the shares are suspended pending audits of its accounts. I