Porfolio Update

Hi guys, it has been some time since i have last posted and i have made a couple of transactions in the market.

I have bought :
2000 shares of Singtel @ $3.15
2000 shares of SPH @ $3.75
2000 shares of CACHE @ $1.00

Currently, I am waiting for market correction and this are my list of stocks in radar.
Do share your views on them!

Starhub
Sabana Reit
CMT
Sheng Siong

If you have any other stocks that have good dividend prospects, do share them too!

Elec&Eltek

Been looking at Elec&Eltek but I heard that there is a withholding tax on US stock?

Is it true? Should I invest in companies that deals with US$?

CACHE @ $1.00

I have bought 2 lots of CACHE @ $1.00 each after it is XD and dropped a little!

Cordlife

I bid for Cordlife IPO on 27th March 2012 for 100 lots and in the end I got 10 lots ($0.495/lot)and sold them on 30th March 2012 for $0.75/lot.

Earned a profit of around $2500!

A good start for my portfolio although it is not part of my dividend play.

Haven been buying any dividend stock recently because of the overvalued prices of some stocks.

Will be taking on these stocks when there is correction!
1) SPH
2) Starhub
3) Singtel
4) First REIT
5) CACHE

Noticed that CACHE has gone XD recently and the priced dropped to around $1.00

I wonder if it is a good price to enter!

Advice welcomed!

Start!

Today I went to UOBKH instead to sign up for a brokerage account as DBSVO wasn't ideal.

After having a small chat with my broker, here is the stocks that I am looking into:

1) SPH
2) First Reit
3) LippoMaple Tr
4) Suntec Reit

Waiting for UOBKH to send me a confirmation letter and waiting for a fair price to enter the market.

Stocks that are in my radar :

1) SPH
2) Venture Corp
3) First Reit

Let me know if you have any advice for me on this 3 dividend stocks!
Thanks!

Will wait for a fair price before I enter the market.

Introduction

I am 21 and one of my friends in army has told me that in this world, you cant make do without investing.  It took me many weeks to start reading more on investing like stocks, unit trust, fixed deposits and decided that I should venture on stock market.  Then in stock market, there are many different playing ways.  I have decided on going for the dividend strategy : stable and a long term strategy.

I am new to this so I hope readers can give me help along the way.

Am going to open an account with DBSVO next Monday and start to invest.

I am aiming to have a dividend yield of 6% ( higher than the inflation rate and higher than bank interest)

I am also treating this as a savings account for myself and I would set aside my savings to bank into this account monthly so that my capital gets bigger and utilize compounding as my lifelong tool.

Current Capital : $30,000
Estimated monthly addition : $300 ( For now as I am looking for job but will put more when I can afford)