Rebalancing Of Portfolio Failed (Partially)
This is going to be a short post just to share that my aim to rebalance my portfolio has failed. As shared in previous post , I have planned to rebalance my portfolio to lower the percentage of REITs, and increase the percentage of non-REITs. That would be done by keeping the amount of REITs I hold in my portfolio unchanged, and adding more non-REITs into my portfolio, namely United Overseas Bank (UOB) and Development Bank of Singapore (DBS). As shared previously, I hope to add shares of UOB into my portfolio below SGD 29.00 before XD, so I can benefit from the 6% dividend yield. However, when my cash is ready, the share price has already propelled to above SGD 30.00! When I consoled myself that I may have another opportunity after XD to add more shares below SGD 29.00, reality slapped me in the face as UOB's share price shot up above SGD 31.00 just two days before XD. This probably mean that not only did I missed out on more dividends, I am also unable to buy the shares at