3 months from June low… Markets are up again!
By Singapore Blue Chips  •  September 19, 2012
In early June there was an opportunity to invest into the markets as markets looked bleak with eminent downside risks. This was an exact replication in April 2012 when markets have moved up swifty, with STI surpassing the 3,000 mark in April, before correcting to 2700 levels in June.

Fast forward 3 months later, markets are again in euphoria and STI has rallied 12% (before dividends).

If you look at fundsupermart GM’s portfolio, it has rallied about 10%( with dividends likely to be reinvested at the discretion of individual fund managers).

Do not belittle the dividends from stocks over the 3 months period as many blue chips firm paid the dividends for FY 2011 in July and August. For my humble low 6 figure portfolio, I got a couple of thousand dollars worth of dividends.

I took profit on my entire CPF OA equity unit trust portfolio on Friday, keeping my (Read more...)
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By Singapore Blue Chips
I am an ordinary Singaporean guy in my early thirties who is passionate about investing since 2003. I live in a 4 room HDB flat and like many Singaporeans, dream of becoming a millionaire. Currently I am an ordinary worker and have just completed my Masters. I aspire to build up a portfolio of 1 million dollars and derive a yearly recurring dividend income of 6% by 35. The only way to achieve this aim is to work hard and invest prudently. I invest in a variety of instruments such as unit trusts, stocks, REITS and foreign currencies mainly Australian dollars options.
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