Time flies. I didn’t even realize that Q2 2018 is over; I must have been too engrossed with reading, prospecting stocks, and gaming lately. =P

Dividend Income

Dividends received from my SGD-denominated portfolio in Q2 2018 fell, when compared to the same quarter last year. This could be attributed to weaker performance from my less-fundamentally strong yield stocks and plenty of divestments I have made in earlier periods.

In retrospect, it seemed like a good decision to take profits when people were starting to bid up the price of yield stocks, including the weaker ones. It made me realize that when a decision has to be made between two “fairly comparable” counters, I would be more inclined to take the lower yielding one. The higher yielding one, based on what I have experienced thus far, tends to disappoint. The slight increase in yield is ephemeral. The juice may not be worth the squeeze …