Bounty May Dividend $26,191

 

The month of May saw a bountiful amount of dividend $$$ as many companies close their Financial Year and distribute their profits to their faithful shareholders 😎

Apart from taking some profit from Sembcorp Industries and nimbling Wilmar, UOB and tbills, it was quite another boring month *yawn*

Also looking at the S&P500 and USA Debt Ceiling, which is approaching the final line. I entered a buy queue for IVV.US at $410 but was unsuccessful. On hindsight, should have been more decisive in buying up the S&P500 index, as the US markets seem amazingly strong, considering the many political and social issues that they have. I guess though democracies have its cons, at least we are able to openly see these issues, as compared to other closed autocratic countries. In the long run, these issues should iron out through the system, though not perfect, for the economic success of US to continue over the next decade

Coming back to Singapore market, as usual kiasu investors are probably jittery over US defaulting and the lack lustre China reopening data. UOB and DBS banks retrace back to their short term supports of $28 and $31 respectively

Could not resist nimbling abit due in part to boredom 😂 and to hopefully earn some kopi money to exercise my brain. Another interesting thing is that I have started to also use Yahoo charts instead of InvestingNote and other brokerage account charts, as their share prices are adjusted for dividends/rights etc. As I consider dividends as part of the opportunity cost of owning a share, would prefer these price levels to be unadjusted as the original share prices

With the upcoming month of June, hopefully things would be more interesting and profitable in the weeks ahead!

Related:

Uneventful Apr $8,437

My 7-Figures Singapore Portfolio

On Target for 6-Figures 2023 Income