With news of SMM having a proven track record in offshore windfarms, and the Keppel Infra Trust now abt to embark on its EFR, there will be good responses to the KIT fund-raising initiative.
I still say we buy resilient dividend-paying stocks and good REITs. If... after we bought and..., the price drops further, we will still receuve our dividends, no matter how low the amt is.... as we wait for our counter to recover. I just saw a statement on Bloomberg 15 mins ago : Coinbase has recovered a lot... BUTit is still 53% of its price at this time last year. Unvestors who bought Coinbase last year is 'STILL WAITING' to recoup their investments into Coinbase, without receiving returns. This is not right because Time Is Money.
I have observed many times, a high jobless number released one day earlier, will be followed by a high payroll number (NFP) on the following Friday. Both numbers beating expectations for the same previous mth... Another bad news is the recent ADP Jobs report signalled a high payroll number... when the ADP number is high, the govt's payroll number will follow. We'll see tonight.
US Jobless Claims Jump to 211,000, Highest Level Since December
The main reason for BRK holding APPL at a 41% TSP (Total Stock Portfolio) value is dueto Legacy. BRK has been adding positions into APPLY throughout the years, and APPL has proven itself to be many times. But the iPhone is not selling as well anymore, snd there are more competitors in the dmartphonespace today. Somehow... Buffett did not see AMZN becoming as it is today when the share price was lower 20 years ago. He only spotted APPL.
Got $1,000? 2 Buffett Stocks to Buy in 2023 and Hold Forever
If the environment deteriorates further, and the company cuts its dividend, I'll stick with the company provided its fundamentals remained well. i will continue to receive dividend while waiting to sit-out the volatility. The share price will eventually come back up. Observed this many times in the past.
Interest-Rate Concerns Push Investors Into Dividend-Paying Stocks