The STI has rebounded stoutly the last 2 days and possibly will climb some more today taking the lead from DJIA. Does this point to the end of the bear market?
More importantly, have you guys pick up any gems during the recent sell down?
Because of my topping up my
CPF RA to the full ERS with cash, I have only enough cash to grab 500 DBS shares (at $13.20), and 500
OCBC shares (at $7.56).
Nevertheless I was relieved that the rebound has "put back" $43k into my stock value in just 2 days. Overall the value of my holding is still down by $200k plus. Dividend wise, it seems to be holding up with some stock cutting dividends like sembmarine and kepcorp but others have increased theirs like
SGX, Singpost and some of my REITs. As at Feb, I have collected $6k in dividends.