Friday, 21 April 2023

UNEVENTFUL Apr $8,437 *yawn*

 


In medical terms "uneventful" can mean a slight positive event. For example, the surgery  operation was uneventful. Which literally means nothing much extraordinary/unexpected happened throughout the surgery. 

The markets in April, were mostly sideways with low volume, plus my family was also down with Covid of mild symptoms (thank God!) So apart from collecting dividends from DBS, ESR reit and Bonds, there were really not much interesting activities (*YAWN*). Still that's kind of the beauty of a semi-passive income, where invested money works on its own to provide returns, while u are busy with other aspects of life and family.

With a long weekend ahead and few days left in April, I easily tabulated my $8,437 gains (gave thanks) and look forward to a hopefully more profitable month of May ahead 😎 Though the saying goes to "sell in May and go away", this effect has been slowly waning as more trades can be done online even while away for summer holidays.


Personally, I think the USA markets seem to be slowly turning positive, with the S&P500 Moving Averages MA50 currently sloping upwards. Hopefully some good corporate earnings will act as a catalyst to start the ball rolling, as Interest Rates seem to have peaked. With positive USA markets, Singapore should follow slowly after. The Singapore market is usually the boring kiasu type 😂



Still if u have any interesting large/mid cap stock that u are looking at, pls feel free to comment below. Thanks  😊

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