good article, share it with you.
@MilkTeaBro：Sticking to the strategy is key. Even if we understand historical developments and probabilities, our emotions and psychological biases can prevent us from making good decisions. Therefore, it is crucial to have a regular savings and investment plan. It can help remove emotions from our decision-making process and stick to the original plan, which is a major factor in long-term investment success. Emerging markets, including mainland China, Hong Kong, and Korea, are niche products. Their pricing is driven by the U.S. 10-year Treasury yield. From a cyclical perspective, we are definitely in the pre-dawn moment. It's just that this dawn is a bit long. After a storm comes a calm. Fed hikes interest from 2022 beginning. My strategy is to buy low P/E, low P/B, high dividend yields and stable company during the interest raise. If the company gave better price I would buy more. Now it's waiting time, wait for Fed change direction, wait for higher stocks price to reduce position gradually. I just sticked to original plan. I have been 'all in' position since the beginning of the year 2023. My salary income builds my savings account. I adds little position for my portfolio when saving is high. I enjoy dividend collection in the waiting time. I got itchy hands sometimes, I play swing trading in a small amount, but I don't give out my position. I used graphics started from 01/01/2022. I called this investment cycle 'Fed interest hike campaign'. Year 2022, dividend income 7000SGD, Year 2023, dividend income about 16000SGD. Singapore dividend income is tax free. I stayed at about break-even when Fed interest was at peak period. RoR was negative, assets profits were 10k, thank the power of dividend income. $TRACKER FUND OF HONG KONG(02800)$ $NikkoAM-STC Asia REIT(CFA.SI)$ $CHINA EVERBRIGHT WATER LIMITED(U9E.SI)$ Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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