To The Moon

🌟🌟🌟If I have followed the saying "Sell in May and Go Away", I would have missed out on lots of opportunities to grow my portfolio.   Luckily I continue to stay invested and May was a great month for me.

My best performing US stock in May was $Alphabet(GOOGL)$  as I am up 48%.  When it comes to Search Engine, Google is a juggernaut.  A juggernaut can be defined as a massive inexorable force that crushes whatever is in its path.  Google has over 90% market share in handling all of the search queries worldwide.    Google also owns You Tube and Android which have become integral to our daily lives.  Google is at the forefront of the AI revolution with Gemini, a generative AI chatbot formerly known as Bard.

My best performing ETF is $Energy Select Sector SPDR Fund(XLE)$ which gives me access to the best US Oil Giants like Exxon Mobil, Chevron Corp, Conoco Phillips as well as Warren Buffett's favourite oil company $Occidental(OXY)$ .  I am currently up 57%.  With the current geopolitical tensions in the Middle East and Ukraine, I believe that the US Oil Giants will continue to do well.  The best part of XLE is the regular dividends I receive every 3 months.  The current dividend yield is 3.21%.  XLE goes ex dividend on June 24.

My best performing Singapore stock is $DBS Group Holdings(D05.SI)$ .  DBS is the top holding in the $STI ETF(ES3.SI)$  and the biggest bank in Singapore as well as the safest bank in Asia.    DBS has even awarded me bonus shares - 1 bonus share for every 10 existing ordinary shares I hold.  Best of all DBS pays dividends every 3 months.  The current dividend yield is 5.29%.  I bought DBS over 3 years ago and it has grown slow and steadily over this period.

My June Game Plan is to stay invested and continue to dollar cost average into my portfolio.  

There are 3 key events in June.  They are US Jobs Report on Friday June 7, US CPI report on Wednesday June 12 and the US FOMC meeting also on June 12.  June maybe a volatile month but come what may, I will seize opportunity to buy wonderful companies at Fair prices and build my portfolio slow and steady to achieve my ultimate goal of FIRE - Financial Independence Retire Early.

Investing is a marathon, not a sprint for me and Slow and Steady wins the race. 

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