MilkTeaBro
2022-09-30

I am a conservative investor. My investment object is dividend stock and low p/e ETF. When market was crashing, I added my position at 5% pace, 5% down from my previous purchase price buy again. Currently my cash was just enough for this goal. I need to redeem my Singapore Savings bonds for next cycle of US Federal interest hike. 

I used this strategy to  buy oil stocks from March 2020. And I sold out them gradually after Covid 19 vaccine release to market. It's proven to work.

My current portfolio, if stock price was same, 3 years dividend income can cover all my loss. I have faith on my investment.

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Comments

  • trder
    2022-10-02
    trder
    seems a good strategy, but instead of just oil stocks, diversify and buy other dividend paying stocks too. for example I bought slb shares for 100 dollars 10 years back, it never went that high after wards and dividends didn't cover the losses. I suggest diversification in different segments.
    • MilkTeaBroReplytrder: 
      [Like]
    • trderReplyMilkTeaBro: 
      I used to work for Schlumberger, so those stocks are part of my discount purchases as part of package, so don't mind. I see now RIG and INDO are worth investing 2-5 % of portfolio
    • MilkTeaBro: 
      Schlumberger is a risky stock, his business is too complicated to understand. one of my rule, I must understand the business model.
  • 投资不是一两天
    2022-10-02
    投资不是一两天
    you can adjust it to go for 20% pace
    • MilkTeaBro: 
      20%， can save a lot of cash [Happy] [Happy] [Happy]
  • Drakar
    2022-10-02
    Drakar
    I use almost the same technique. thanks for sharing
  • pandalinden
    2022-10-02
    pandalinden
    very prudent indeed. thanks for sharing.
  • JC888
    2022-10-02
    JC888
    Is it for certain that dividends will not be adjusted downwards or skipped for a quarter, half yr or 1 year?
    Is it more prudent to segregate Savings from Investment? Savings are resrc u cannot afford to screw up with.
    Investment is even if lose eventually, (not that u would. Just hypothetical)  speakg..
  • moliya
    2022-10-05
    moliya
    ohhh I learn something new strategy bruh milkteaBfo, thanks for sharing your strategies..... wish you make millions
    • MilkTeaBro: 
      thanks. I promise you that this kind of portfolio can't make you rich, it only helps assets to beat inflation and fixed income. it will be much behind the S&P 500 in the bull market.
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