July was rather bullish. Sometimes, I wish it wasn't so bullish so that I can buy stocks that give good dividends on the cheap.
As mentioned in the earlier STI technical update, I expect a 5th wave to be occurring. That means it is still bullish, but a terminal end could be near (not yet). I would have to be more cautious if I want to buy any equity.
July saw me doing 2 things, of which (2) I'm not sure if I have made the right decision.
1) I bought 5 lots of Keppel Green Trust at $1.14. I remember staring at it at $1.02, and hesitated for a while. Subsequently, it climbed back fast to $1.06 and then $1.13 since. From here, and also from staring at SP Ausnet at 92c, I told myself that next time, if I think I like the price, the dividends and what the stock is doing, I should just buy it. There's no point waiting. Instead, divide the accumulation into batches, and enter slowly.