Wednesday, August 14, 2019

Bought HK land

Hong Kong is going through a dark time
No one knows the outcome
It will be tragic if there is a repeat of Tian An Men

Bought 500 of HK land some day ago at 5.61 USD
this is my first share in USD
I thought of buying it in the past
and recently, it approached a support level which I wanted to purchase in the past
looking to buy another 500 when it goes close to the next level @ 4.5 USD

it is a growth stock to me
their dividend is around 4%, but I may be wrong
but their payout ratio is very conservative, more less than Capitaland

My portfolio is fluctuating around S$70k now, a milestone for me
looking forward to see if there are other opportunities to swallow more shares again
many financial commentators are saying next year might have a recession
Berkshire Hathaway is also hoarding cash (something they do not do)
they have around 120 billion, multiple times more than what they had a few years ago

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