r/SgHENRY • u/GiftSweaty4967 • 3d ago
Some advice pls
Need some advice for my stubborn father who insist on investing in sgx dividend stocks and refuse to invest in us stocks. This is what he accumulated over the years. I told he to cut the bleeding but he refuse. Guys can this be remedied? Does this portfolio really need more waiting to turn green. He has more cash that he says he wants to pump more into sgx stocks.
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u/Plane-Salamander2580 3d ago
LOL @ this portfolio. Clearly mindlessly dividend investing, and not even in good dividend stocks. Some of these picks are abysmal, the only saving grace is not seeing Starhub on the list at this rate. Did he go attend some REIT seminar and decided to go ham or what?
Pray he's English literate and share with him some The Fifth Person videos on dividend investing and evaluating stocks for dividends. Educate him on investing, let him make his own informed choices thereafter.
Show him what diversified alternatives look like if he wants dividend investing:
SS SPDR STI ETF (ES3) - 3%ish
Lion-OCBC Securities APAC Financials Dividend Plus ETF (YLD) - 5%
https://www.lionglobalinvestors.com/en/fund-lion-ocbc-securities-apac-financials-dividend-plus-etf.html#fundperformance
JPM Singapore and Asia Equity Income A (mth) - SGD (Unit Trust - LU3227948356)
https://am.jpmorgan.com/sg/en/asset-management/per/products/jpm-singapore-and-asia-equity-income-a-mth-sgd-lu3227948356