Investment
The market has been range bounded for the entire May period. Silver came down to $33 from a high of $49, a 33% drop. I saw the opportunity to buy more silver but was waiting the market to be less volatile. I managed to bought more at $36 after the volume on iShares Silver ETF has decreased. I decided not to buy the Silver from UOB as I wanted to have the a bit more speed to get out of the market when required. Otherwise, I would need to be physically present at UOB to transact my silver. Many companies have been giving dividends in May and I have reflected accordingly. The dividend yields are calculated based on my buy price.
Here are the stocks that I am investing (current prices are quoted as of 31 May 11).
Silver (via UOB account) – Bought 28.43, now 47.59 ......