It has been a while since I did a post.
1) Portfolio & Passive income
I have been keeping up with the recent Hamas-Israel war, and wondering if it would escalate further. Would it be another Kuwait/Iraq war? For the time being, markets have yet to be spooked much by it, and have been holding up well. As I don’t really have any oil counters or don’t really track oil prices, I have not been observing much volatility.
For the months of Sept and Oct (up till now), I have added to my positions in CK Asset Holdings, BOC Hong Kong, Sun Hung Kai Properties, Link Reit, and CapitaLand Ascott Trust. As well as buying into a new counter – Baidu.
In retrospect, I still believe in the long-term growth story of Hong Kong/China. The Hang Seng has been on a relentless downtrend for the most part 2023. Many of my existing counters are at their 52-week low and yields are relatively high....