The market is killing traders by doing a slow mo gyration but its good to be position light during these festive period where most of the traders would rather be enjoying than speculating.
Recently have been doing alot of analyzing on some stocks that you can hold for longer term and not meant to be trading vehicles. Stocks that are rather recession proof and what comes to mind was the 3 telecoms stocks in Singapore.
They have been laggards during this rally and its not something that you would be proud to boast about during this rally. Perhaps during this 2 weeks i can write something about them. Definitely felt stupid not to use them rather than some other higher beta and thus higher risk dividend stocks.
Here are today’s figures. Do follow my Dividend Stock Tracker which is updated nightly here.
Kyith is the Owner and Sole Writer behind Investment Moats. Readers tune in to Investment Moats to learn and build stronger, firmer wealth foundations, how to have a Passive investment strategy, know more about investing in REITs and the nuts and bolts of Active Investing.
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Kyith worked as an IT operations engineer from 2004 to 2019. Currently, he works as a Senior Solutions Specialist in Fee-only Wealth Advisory firm Providend.
You can view Kyith's current portfolio here, which uses his Free Google Stock Portfolio Tracker.
His investment broker of choice is Interactive Brokers, which allows him to invest in securities from different exchanges all over the world, at very low commission rates, without custodian fees, near spot currency rates.
You can read more about Kyith here.