Personal journal to record investment decisions for my own reference and in future, for my loved ones who will take over the portfolio. Advertising free as I'm not seeking hits or ad revenue. On the internet anyone can have a pretend portfolio, whether you think this blog is fake or real, doesn't bother me. :)
Strategy Report October 2018: Finally a correction?
There was a correction in the US market with the Dow dropping 800. This is hopefully an opportunity to deploy more cash. In particular, I would like to build up my holdings in Capitaland. Its fundamentals look good and its 4% dividend is well covered. Also, like your typical longsuffering Sembcorp investor, I am adding a little Sembcorp every month as long is it is comfortably below $3.
Bought Capitaland at $3.12 and $3.11
Bought Sembcorp at $2.88
I will get cash on 23 October as my Perennial 4.65% 3-year bonds are maturing. If STI ETF drops below $3, this will be a good place to park the cash. My rule is to only buy STI ETF when it is below $3.