Sept P/L Challenge

September - the notoriously volatile month see the market sell-off since the 1st trading day of the month. The CPI data released yesterday shows that inflation eases to 3-year low. Notwithstanding, the core inflation is still stubbornly above the FED's inflation goal of 2%. Hence, market is now expecting a rate cut of 25 bps instead of a larger rate cut in September.

I started to build my dividend portfolio in August 2024 with the view that a rate cut, albeit small or big, will benefit the REIT. Since then, the dividend portfolio has performed relatively well. Will continue to add on REITs with strong sponsors and attractive dividend yield when it hits support level.