Sep 2024 Update For Alice

Followed the Aug 2024 update, Dividend stocks great opportunity,

Here is Sep 2024 Update For Alice: Thanks to my wife, family always is more important than wealth.

My dear Alice,

First, I want to take this opportunity to express my gratitude for your trust in me. You let me to manage my salary since from we married.

As a husband and a father, responsible, disciplined finance management is necessary, finished the house loan, then try to avoid investment loss and beat inflation become my financial goals.

Started from Jan 2022, I call this investment campaign 'Fed interest hike'.

Followed the FOMC meeting pace,  I gradually built up SG, HK dividend stocks and Emerging markets ETF.

Interest higher and longer was not in my original expectations, about 50k paper loss at Oct 2023.

I believed my theory, dividend stocks price down when interest rates high, keep the pace to add position, accumulating cheap chips.

US Fed announced 0.5% interest cut in Sep 2024. I got 40k capital gains and 40k dividend income at the time point.

The main trading plan is gradually trim stock position as FOMC meeting pace, dividend stocks price high when interest rates low.

Selling stocks and lock profits is main task in coming two years. But I never empty position, I need to keep sense of market. Stocks Asset is only way to beat inflation. Many cases , buy and hold is better than timing market.

Nobody really knows what is the neutral interest rates, gradually trim position is kind of risk control. I prefer to keep cash at reasonable level. I had the experience before, market had gold everywhere but I didn't have cash anymore already.

For right side transaction investors, it is just beginning of yield hunt game.

I would like to share my joy with my dear Alice, portfolio Sep 2024 profits 38k, 8%, .

I believed Alice and I can have comfortable retirement life and early retirement for me.

$TRACKER FUND(02800)$  

$NikkoAM-STC Asia REIT(CFA.SI)$  

$Wilmar Intl(F34.SI)$