Q1 2023 review
I was in full position in Q1 2023.
I used graphics started from 01/01/2022.
I called this investment cycle 'Fed interest hike campaign'.
My previous investment cycle was called 'Covid-19 crisis', it started from March 2020, Covid-19 breakout, ended on Sep 2021, Covid-19 vaccine applied in major economic countries. My Investment object was two major oil company stocks in this campaign.
The logic is that oil and gas were primary energy, it's demanded when world got out from Covid-19.
My current ongoing campaign was 'Fed interest hike campaign'. The truth is that all assets were offered at a discounted price when Fed hikes interest. And the assets price will go back to the normal level when Feb places interest in the sustainable level.
I added position in same frequency as FOMC from beginning of 2022. My investment objects were $Vanguard FTSE Emerging Markets ETF(VWO)$ , $TRACKER FUND OF HONG KONG(02800)$ , Singapore REIT $NikkoAM-STC Asia REIT(CFA.SI)$ and Singapore dividend stocks, like $CHINA EVERBRIGHT WATER LIMITED(U9E.SI)$ . I collected dividend income during the campaign, and tried to minimize the floating loss by adding position in lower price.
I won the last 'covid-19 crisis campaign' so I would win this ' Fed interest hike campaign'
When Feb lowered interest to 2%, I may sell out big part of position, call this campaign end. It could be in 2024 or 2025.
Year 2022, dividend income 7000SGD, Year 2023, dividend income estimated 10000SGD. Singapore dividend income is tax free.
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Good article