Fullerton USD CASH "A" USD ACC 7 day annualised yield of 5.4556% Although there is a foreign exchange risk converting from SGD to USD and vice visa. The high yield provides a cushion for investing in this fund We will exit this fund once there is confirmation that the Fed will start cutting rate later this year.
The CEOs should not be over pay or under pay. It should be based on how much they contributed to the success of the company in terms of leadership, vision and strategic development. We should not forget the lowly workers who are the one who carry out your strategic plan. Therefore they form an important cog in the wheel of the organisation.
$Alphabet(GOOG)$ Google has booked in a set of good earnings results. Yesterday the FOMC reiterate that inyerst will have to stay higher for longer. The 3 major indexes retreated after the Fed announcement. Our strategy is to accumulate Google on weakness but in small amounts by making use of the technical analysis to find support level for entry.
It would be more prudent to buy on a pull back together with technical analysis to find better entry points. Patient is needed, for those who are impatient and can't wait buy in small quantities first and add on if the price correct.
A review of the performance of my portfolio of 3 bond funds and 2 money market funds was very modest. Profit overall was only 2%. Will be making some adjustment and I still think my bond funds should do better when Federal Reserve start cutting rates in Jun.