I am 22 this year and about to ord in august. Since 19, I had a goal to accumulate 100k by 29. I gave myself 10 years to reach this goal. In the past few years, I have been working on some part-time jobs and internship. After enlisting, I got a steady income of around $800+ per month and $300 from my parents as allowance. I decided that I would like to save and invest a large portion of the money and live frugally like how I was during my poly time. My goal is to accumulate 50k net worth by ord. Today as of 26/07/2022, my net worth finally hit 50k. I save and invest around 1k per month since I enlisted, for the past few months my net worth has been quite stagnant due to the correction in the market. However, these few days the markets bounced back and right now with the paper profit I hit 50k. Of course, paper profits fluctuate a lot. It might be a short-term thing. What is more certain is my dividends, my dividends from stocks rise from $37 in 2019 to at least 1.2k in 2022(...
I am a new and young investor. Currently I am still in poly, just here to share about my portfolio. Please feel free to advise me as necessary. Dca into Nikko AM sti etf and Abf each at $100 per month. 1600 shares of Koufu bought at $0.675. In terms of dividends received in 2019 : $13.75 from abf $3.4916 from g3b (I just started dca for about 2 months) I am personally more of a dividends growth investor. Looking to increase my investment in Koufu and Sbs transit in the future. The recent purchase of Koufu almost used up half of my savings, I need around 6 months to a year to be able to save up to a lump sum of more than $1000. At the same time will be looking into some of stocks that are trading at a discount of the book value. The quotes that motivates me to continue investing: Time in the market is better than timing the market Success is the progressive realisation of a worthy ideal We become what we think about The opposite of courage in our society is not cowar...
Since it is coming to year end of 2019, let me do a conclusion on my investment journey in 2019. I started investing in July 2019. The below results are the results of my portfolio. The worst performing stock is sph reit which I just bought not Long ago, I still have faith in sph reit. Not anticipating any major capital appreciation from sph reit. What I like is the high occupancy rate of sph reit. Not going to add more of sph reit for now. When I bought Genting sing, what I like is the increase in profit of the non gaming segment. Currently, the performance is still within my expectation, potential IR in japan might bring Genting sing up to a higher price but I am not going to add more for now. For prime us reit, results beat the forecasted results in the ipo prospectus which is also out of my expectation. Not planning to add more for now. One of my best performing stock is actually Koufu which is the first stock I ever bought. Looking on to add more if it goes b...
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