This week, I bought MPACT (Mapletree Pan Asia Commercial Trust) when share prices of stocks and REITs plunged due to geopolitical worries and Fed rate cut uncertainties. In my previous post, I shared that the Fed delayed rate cuts to September 2024 because there are no signs of inflation going under control.
In the early hours of Friday, US officials said that Israel had hit Iran with a missile. This could further escalate tensions between the two countries. As a result of consecutive negative news, it is no wonder this sparked panic among investors.
While other investors may view this as a stock market crisis, I view this as an opportunity to accumulate dividend yielding stocks to increase my passive income. As a dividend investor, I focus on buying stocks or other assets that pay regular dividends. Thus, I am less concern on the share prices.
In fact, when share prices goes down, the current dividend yield of...