Investing my spare cash

 I have $47,000 cash in my SRS account and $69,000 cash in my POEMS account. The total is $116,000 SGD.

As some good value stocks had dropped over 10% during the past month, I decided to invest the cash in these stocks:

SRS

H78 - Hong Kong Land, dropped by 14.01%

Poems

0386 - China Petroleum, dropped by 17.02%

2866 - Cosco Ship Development, dropped by 18.39%

I have covered these stocks in my earlier posts. They have large capitalization, low price earning ratio and good dividend yield.

I find these stocks to be attractive due to the drop of over 10% during the past month.

Note - I am sharing my personal investment decision. I am not giving investment advice.

https://fisca.sg/ArticleDisplay.aspx?ID=1173