Saturday, May 8, 2021

Dividends Update - Quarter 2 (Apr to Jun 2021)


2021 Quarter 2 (Mar to Jun) dividends reached another all time high of $11.5K, thanks to the increasing DPU announced by Frasers L&C Trust and Mapletree Industrial Trust. I'm reinvesting all the dividends received back to the portfolio, which will overtime slowly but surely create a snowball effect. I'm also excited for FLCT to join the Straits Times Index as a component stock - it has come a long way since I bought it at $0.89 during the IPO in 2016!

In other news, my experience in the US stock market was quite short live - I took advantage of the green days in April 2021 to quickly sell off Apple and Alibaba. The growth and tech stocks have been unfairly punished by the US market despite the all-time high earnings releases, due to sector rotation and rising treasury yields. Unfortunately I'm still stuck with NIO shares at a loss, so I'll be holding it for a while for the prices to recover. 

I'm still very much vested in the US stock market though, in the form of S&P 500 index funds through Endowus. In my opinion, the US market is another beast altogether compared to the Singapore market, which makes it hard for the average investor like us to try to beat the market. An index fund like the S&P 500 smoothens out that risk and allows us to sleep better. It does take out the fun of researching and picking up individual stocks but I can do that with my Singapore REITs.

If the market stays green and the world economy recovers from the effects of COVID-19, I can really see myself achieving enough savings to achieve F.I.R.E. in 5 to 7 years time. One can dream, can't I?

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