My investment goal is to beat inflation and fixed interest rate. I don't forget my original investment intention.
1H 2022 was time of adding position to me. I added dividend stocks, Reits and Emerging Market ETF.
My portfolio can't earn much but it was resilient in bear market. When market changed to bull, this portfolio become behind market level.
I knew what I want and I insist my style. I never chase high and hot stock in bull market. I have no ability to forecast high tech company profit, especially start-up company must burn money for years. I expose high tech by own ETF product, archived market level will satisfy me.
Here was dividend income updated to 30 June 2022, total dividend income was SGD 3481
$Lion-OCBC Sec HSTECH S$(HST.SI)$ , I added two times in April, it almost turned to green. I have faith on it.
$SIIC ENVIRONMENT HOLDINGS LTD.(BHK.SI)$ was my top 1 position stock, good dividend, stable business, waste treatment is demanded and steadily grow.
$WILMAR INTERNATIONAL LIMITED(F34.SI)$ was only popular stock in my portfolio. I played band operation and net purchase 1 times 1H 2022. Wilmar was cheap bule chip stock. Basic food products always are essential. Business line in China supposed to have higher P/E. For example, Central Kitchen Business in China had unlimited imagination.
$CHINA AVIATION OIL(S) CORP LTD(G92.SI)$, I added 2 times in Jun, I believed that China Aviation industry was bottomed out in Jun 2022. CAO was profitable and paid dividend in the worst market time. It may have setback again. If you look for long term investment, dividend income beat inflation, you have no worry on it.
$TRACKER FUND OF HONG KONG(02800)$ I added 4 times position in Q2 2022, it turned to floating gain. I noticed that HK also has no tax charge on dividend. I will hold it maybe forever until market is bull and too hot.
$Daiwa Hse Log Tr(DHLU.SI)$ is an interesting Reit. The company is absolutely good Reit asset, I added 4 times in Q2 2002. But Japanese Yuan was weaker and weaker. I bet US monetary policy will change direction in early 2023. Japanese Yuan will go back a new normal level. Daiwa House Logistic Trust can go back a fair value by the time. The potential dividend yield was 6 % in 2023.
Emerging market position achieved my target. I will only add more this sector if new low appears in Emerging Market ETF.
I will open position on Vanguard Total Stock Market Index Fund ETF when S&P P/E ratio reach below around 16-18. This could happen in year 2022. S&P P/E ratio was 19.33 on 01/07/2022 .
Post in 2022 Half-Year Recap
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