Success88
03-28

The first quarter of 2024 proved to be a rewarding experience in my stock investment journey. Here's a breakdown of my portfolio's performance:

Singapore Stocks:

OCBC Bank (SG: 039): This local banking giant delivered an impressive 11% gain, solidifying my long-term investment thesis. Singapore banks are known for their strong dividends, and OCBC is no exception.

ST Engineering (SG: 63): While ST Engineering saw a more modest 4% gain, the company's role in various sectors and potential for future growth make it a valuable holding.

US Stocks:

Iron Mountain (NYSE: IRM): This data storage and information management company surprised me with a phenomenal 34% increase. This strong performance reinforces my belief in the growing importance of data security and management.

TSMC (NYSE: TSM): The global leader in semiconductor manufacturing, TSMC, delivered a stellar 40% gain, reflecting the continued demand for chips and the company's dominant market position.

McDonald's (NYSE: MCD): My investment in McDonald's, utilizing a Dollar-Cost Averaging (DCA) strategy, saw a 2% gain. This approach aims to smooth out market volatility, and McDonald's, with its consistent brand and dividend payouts, aligns well with long-term goals.

Bank of America (NYSE: BAC): The anticipated easing of interest rates by the Fed positively impacted Bank of America, resulting in a 21% gain. I'm closely monitoring the Fed's decisions and believe the potential easing could continue to fuel market growth.

Looking Forward:

The strong performance in Q1 reinforces my bullish outlook on the market. I plan to continue using the DCA strategy, particularly with Singaporean stocks to benefit from their attractive dividend yields. Overall, this quarter has been a successful start, and I'm excited to see what the rest of the year holds! Sucess88

@TigerEvents @TigerStars @MillionaireTiger 

How was your first quarter?
Welcome to April. It means you’ve made it through the first three months of the year. It also means it’s time to review your first quarter. How has it gone for you?
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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