Tuesday, 30 May 2023

May 2023 investing strategy

 For the month of May, did regular DCA for a variety of ETFs:

IOZ, VWRD, LSPU ,VUKE, VHYD, CS51, 2800.HK (tiny bit with FSMOne RSP). 

For individual stocks, I bought a little LLOY when it dipped a bit as I think the bank is a good stock for value investors, and Comfort Delgro, because I like to catch falling knives and I believe that earnings can recover. Worst case it doesn't recover, its still profit and has a cash pile, so it will still be a dividend stock. However, the bulk of my purchases for May were still ETFs.

I also emptied the rest of my (usable) CPF with one final purchase of the latest 6m T-bill at 3.85%. I will just have to be disciplined about rolling over these 6m T-bills into another 6m T-bill, to minimise the loss of CPF interest.


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