It was again another roller coaster ride for investors. Poor US jobs data started to signal an entry into a rate correction in September.
Offseting this optimism was JPN market. Plunged 12% in a single day, took down multiple markets along with it. But towards the end of the month, recovered.
REITs all have everything to cheer for, as they are seeing the light at the end of the tunnel. I have also received a few scrip dividend offers. Now I think about it, what is the value of offering scrip at this point? is it to amass cash to go aggressive in this current rate environment? Rates down abit only leh hello...
I decided to exit AEM. total waste of my time and money. Shouldn't have even entered in the first place.
Looking at my portfolio, I guess I should just stay at a stable counter and let it play itself long term. Can't do short trades, I don't even understand the price movements anymore.
Surprisingly, Payouts this month are not large... is it cos I dumped my dividend paying shares?
Warchest: 1928.02
Dividends received YTD: 1708.47