2nd Qtr 2021 : Portfolio & Dividend Update
If you are an avid follower of stock market news, other than Crypto, I think the hottest news about investing nowadays is the " meme stocks " which can make you very rich overnight where the stocks price may increase 100-200% in a day. Just imagine, a "popcorn" promotion can drive the price of a company by more than 20%, yes, that's a true story and not imagination, I guess you know which company I am talking about.
Below quoted from an analyst from Bloomberg :
Meme Stocks Are Rising Again - Should You Invest? | Joseph Carlson
What Is A ‘Meme Stock < source: blog.mywallst.com>
3 Meme Stocks That Could Make You Rich < source: fool.com>
Dividend & Interest Income Update :
52.4% of this quarter's dividend came from HKEX and you may notice that among the Top5, 4 are from the HKEX market with the only one OCBC is from SGX.
Singapore Banks: What is next for dividends? <Source:DBS.com.sg>
Portfolio & Market Update :
S&P 500, Nasdaq weighed down by inflation worries after upbeat data <source: reuters.com>
China's Guangzhou city imposes more COVID-19 measures <source:channelnewsasia.com>
As we all know that China's regulator just slapped a record fine on Alibaba recently and continue stepping up the anti-trust probe into other tech companies, we should expect to see more volatility from this sector and also the stock price may drop further. The short-term prospect for tech/growth stock will be very volatile because of the interest rate hike and if you are going to invest in tech, be ready to expect and see the price drop further, one must ready to keep it for the long term.