There is nothing wrong with investing in dividend stocks to generate passive income for your retirement planning. However, it will cause a huge dent in your retirement portfolio if you are investing wrongly. The following are the 3 dividend pitfalls that you have to avoid.
FREE Event*: Analyzing Hedge Fund Movements – How to gain advantage by buying BEFORE breakout and BEFORE volume!
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Date: 2nd February, Saturday. 10.30am – 1.30pm
Venue: City Index. GAIN Capital Singapore Pte Ltd. 6 Battery Road #20-01. Singapore, 049909
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*this event is sponsored by CityIndex Singapore.
The revised cooling measures implemented in the middle of 2018 has finally pushed Q418 sales to a dip since Q217. It was only slightly down by 0.1% quarter on quarter and most of the decline was mainly due to landed sales so in all essence the demand for private property is still pretty buoyant.
With the introduction of the new cooling measures, which coincides along with the increase in tandem in interest rates, it brings the share price of City Development (CDL) down from the 52 week high of $13.6 to the last closing price of $8.08. (Jan 4th 2019)
That is a very sharp decline and if you are an investor who buys at the peak and it can get very painful to see your portfolio colored in a patriotic sea of red.
But is there value now in the company after such a steep decline?
Cooling Measures In This Decade
For years since post gfc days when the first cooling measures was introduced in 2011, the demand for private property and residential has been pretty stable and moving. It never for once dent the expectations of the public that property prices are going to come down because of the measures put in place.
Everybody knows that the Turkish Lira has been going south toward a crisis, but Donald Trump, President of United States made a statement through Twitter after a speech was made by Erdogan, the Turkish President which lead the Turkish Lira plunge further.
“There are various campaigns being carried out. Don’t heed them,” Erdogan said Thursday “Don’t forget, if they have their dollars, we have our people, our God. We are working hard. Look at what we were 16 years ago and look at us now,” Erdogan told supporters.
As you can see, Trump’s tweet has rubbed salt into the wound – heated up the crisis even further and caused the Turkish Lira to accelerate its decline. The Turkish Lira has then crashed as much as 20% within a few days.
It is no surprise how one statement on Twitter from world leaders can have such a huge impact on the financial markets today.
But how has it affected Singapore Stock Market?
An Alternative Approach to Using RSI (Relative Strength Index).
Whether you’re new to trading or a market veteran, spotting trading opportunities can be a daunting task.
Most have discovered that profitable strategies are often simple without the unnecessary frills. But the key to profitable trading is understanding the market behaviours and devising strategies to capitalize on them.
In this seminar, CK will showcase a proven trend and momentum strategy based on Relative Strength Index (RSI). He’ll demonstrate how this unique strategy helps traders to successfully navigate the market.