Market observations - People are telling me that Cathy woods are their idol and friends around me newbies are investing in Options in US. Telling me Singapore market is dead.. Dumb money seems to be chasing for capital appreciation on the greater fools theory. I have continue to build up my dividend portfolio. The current monthly dividend is about 12.6k forecasted dividend at 152k for FY 2021.
Target to hit 160-180k level by the year 2022 thru dividend reinvestment and saving.
The intrinsic value of the portfolio will go up as cash flow is higher..
Portfolio return of 12.4% YTD.
