{"id":76472,"date":"2025-02-08T20:40:50","date_gmt":"2025-02-08T20:40:50","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/investing\/4q-2024-passive-income-prep-for-2025\/"},"modified":"2025-02-08T20:40:50","modified_gmt":"2025-02-08T20:40:50","slug":"4q-2024-passive-income-prep-for-2025","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=76472","title":{"rendered":"4Q 2024 passive income. Prep for 2025."},"content":{"rendered":"


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\nHappy New Year!<\/span><\/p>\n

Another quarter is behind us and it is time for another update.<\/span><\/p>\n

If you are following me on YouTube, you might have seen the update I provided in my YouTube community recently:<\/span><\/p>\n

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My dad is still in hospital.<\/span><\/p>\n

I have yet to read the comments I have received in recent days on YouTube as I am not feeling very sociable.<\/span><\/p>\n

However, recognizing the signs of oncoming depression, I decided to do some blogging.<\/span><\/p>\n

Blogging is therapeutic to me.<\/span><\/p>\n

I am sure there are many readers who are very concerned for me and would ask me not to worry about updating the community.<\/span><\/p>\n

Don’t worry.<\/span><\/p>\n

I am doing this as therapy for myself.<\/span><\/p>\n

So, 2024 has ended and on the investment front, it has been kind to me.<\/span><\/p>\n

The stock prices of DBS, OCBC and UOB have outperformed.<\/span><\/p>\n

As they form more than 45% of my portfolio, this has a big positive impact on my portfolio’s market value.<\/span><\/p>\n

The gains more than make up for the losses in IREIT Global and CLCT.<\/span><\/p>\n

Of course, all of these are just on paper.<\/span><\/p>\n

So, just saying as I am sure some readers, whatever their reasons, would be interested to know.<\/span><\/p>\n

All positions are still generating income for me.<\/span><\/p>\n


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Some have asked me what should they do with their investment in Centurion Corp as the share price has shot through the roof.<\/span><\/p>\n

It would seem like I have made a mistake by selling my investment in Centurion Corp and using the money to add to my investments in the local banks so many moons ago.<\/span><\/p>\n

Well, I cannot and don’t want to give advice but the reasons I gave for selling back then are still valid.<\/span><\/p>\n

Centurion Corp suspended dividends during the pandemic and was slow in restoring dividends even though they emerged from the pandemic with a stronger balance sheet.<\/span><\/p>\n

However, they had no trouble with immediately rewarding their directors generously.<\/span><\/p>\n

So, I decided to add to my investments in the local banks instead as they have a long track record of rewarding shareholders during good and bad times.<\/span><\/p>\n

Their very strong balance sheets in comparison to Centurion Corp’s help to ensure that their dividends would not be suspended if we should see another pandemic.<\/span><\/p>\n

Our local banks have shown themselves to be more shareholder friendly too.<\/span><\/p>\n

They are able and willing to reward shareholders fairly, if not generously.<\/span><\/p>\n

Always revisit our reasons for investing in a certain entity and if the entity is unable to deliver anymore, it is time to let go.<\/span><\/p>\n

So, sell, hold or buy would depend, to a large extent, on our motivations.<\/span><\/p>\n

I thought I would end 2024 without making any purchase but I ended up buying more of Wilmar and also nibbled at Alibaba.<\/span><\/p>\n

I talked about this in my last blog post and if you are interested in finding out more, have a read.\u00a0<\/span><\/p>\n

I made a video about this too:<\/span><\/div>\n