Singtel I bought more shares when prices hit $3.60 (4.86% based on 17.5 cents) after it went XD (post dividend). Historically, Singtel share prices cycle up and down within a year so I see this as an opportunity to buy. I would have preferred to have a higher yield though.
Stock shopping is beginning to feel more expensive, which is a sign that the market is picking up. In my view, as long as we avoid the medical and food stocks which tend to be over-priced, it's still possible to find some fair price items. For e.g., Singtel, AIMS AMP, QAF, SIA Engineering, ST Engineering. For those with weak hearts, avoid the bank stocks that have risen by 50% from their troughs in Feb 2016, 22 months ago, because you might be in for another roller coaster ride.
Outlook seems to be more positive, which may not be a good thing. Confidence breeds complacency.
Wednesday, December 27, 2017
Friday, December 8, 2017
How much have I earned and lost in 2017?
How much have I earned and lost in 2016?
My objective for 2017 was to maintain my existing portfolio and receive $10,000, and achieve a stock to cash (exclude emergency funds) allocation ratio of 50:50. I met my target. It is also a milestone for me to have finally reached $1,000/month of passive income. It has been 14 years since I dreamt of hitting this target. It had been a combination of work hard to increase my earned income, to learn how to pick stocks, and to cultivate patience and will-power.
Income was $11,800 (this is based on received, will be $12,800 if based on ex-date), which was largely due to increase in portfolio and better bank interest rates for interest income from Bank of China 2.5%, UOB One 2.43%, Hong Leong Finance 1.7%, CIMB Fastsaver 1%, Singapore Savings Bonds 1.1%. I picked up $29 worth of coins (about 100 coins, of which 40 coins are 5 cent coins, which is still $2). Every coin adds up.
Average dividend yield is 4.56% (based on ex-date). After some rebalancing this year and using retirement calculators, I decided that my objective for 2018 is to increase my average yield by 0.5%, and then maybe another 0.5%/year for another 2 years, to 6%, but I will reassess this at the end of 2018. This will need to be supported by increasing REITs to 50% of my portfolio. Currently, the ratio is about 23%, I will implement this by rebalancing and capital injection at the right prices over 3 years, from 23% -> 33% -> 43% -> 50%.
I also started investing in Vanguard ETFs through Autowealth, adopting a dollar cost averaging approach, but I select which day of the month to deposit my money to buy, hoping to catch low points in a month. I started with $5,000 in Aug 2017, and contribute $400/month. It is currently returning an insane annualised yield of 15%, which I don't believe is sustainable, hence I am taking it slow and steady.
Unrealised profits which is nice to see but cannot eat:
Autowealth = S$260
Singapore Stocks = $20,000
Although we are not at the end of the year yet, I don't foresee much variation over the next few weeks. I will update again if there is a sudden market crash or something.
Objective for 2018: Increase REITs by 10%, increase portfolio yield by 0.5%, increase income to $14,000.
Lifetime accumulated dividends and interest, net of losses = $49,000
Portfolio income "methodology": Assuming that I continuously invest $36,000/year or $3,000/month,
In 3 years, accumulated dividends and interest = $100,000, $1,600/month
In 7 years, accumulated dividends and interest = $200,000, $2,200/month
In 10 years, accumulated dividends and interest = $300,000, $2,700/month
Compounding is awesome. Every coin adds up.
My objective for 2017 was to maintain my existing portfolio and receive $10,000, and achieve a stock to cash (exclude emergency funds) allocation ratio of 50:50. I met my target. It is also a milestone for me to have finally reached $1,000/month of passive income. It has been 14 years since I dreamt of hitting this target. It had been a combination of work hard to increase my earned income, to learn how to pick stocks, and to cultivate patience and will-power.
Income was $11,800 (this is based on received, will be $12,800 if based on ex-date), which was largely due to increase in portfolio and better bank interest rates for interest income from Bank of China 2.5%, UOB One 2.43%, Hong Leong Finance 1.7%, CIMB Fastsaver 1%, Singapore Savings Bonds 1.1%. I picked up $29 worth of coins (about 100 coins, of which 40 coins are 5 cent coins, which is still $2). Every coin adds up.
Average dividend yield is 4.56% (based on ex-date). After some rebalancing this year and using retirement calculators, I decided that my objective for 2018 is to increase my average yield by 0.5%, and then maybe another 0.5%/year for another 2 years, to 6%, but I will reassess this at the end of 2018. This will need to be supported by increasing REITs to 50% of my portfolio. Currently, the ratio is about 23%, I will implement this by rebalancing and capital injection at the right prices over 3 years, from 23% -> 33% -> 43% -> 50%.
I also started investing in Vanguard ETFs through Autowealth, adopting a dollar cost averaging approach, but I select which day of the month to deposit my money to buy, hoping to catch low points in a month. I started with $5,000 in Aug 2017, and contribute $400/month. It is currently returning an insane annualised yield of 15%, which I don't believe is sustainable, hence I am taking it slow and steady.
Unrealised profits which is nice to see but cannot eat:
Autowealth = S$260
Singapore Stocks = $20,000
Although we are not at the end of the year yet, I don't foresee much variation over the next few weeks. I will update again if there is a sudden market crash or something.
Objective for 2018: Increase REITs by 10%, increase portfolio yield by 0.5%, increase income to $14,000.
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| Chart of humble beginnings |
Portfolio income "methodology": Assuming that I continuously invest $36,000/year or $3,000/month,
In 3 years, accumulated dividends and interest = $100,000, $1,600/month
In 7 years, accumulated dividends and interest = $200,000, $2,200/month
In 10 years, accumulated dividends and interest = $300,000, $2,700/month
Compounding is awesome. Every coin adds up.
Thursday, December 7, 2017
What did I buy in Nov 17?
QAF I bought more shares when prices hit $1.10. As there was price weakness after the oversupply of pork in Australia, I decided to spread purchases over a few months to get a better spread. If prices were to remain at this level, I may add more.
Other shares that I had been watching are:
I had no luck at the RE&S IPO.
No bargains in the market, so I will continue to save up and wait.
Other shares that I had been watching are:
- SIA Engineering
- Comfort Delgro
- Singapore Press Holdings
- ST Engineering
I had no luck at the RE&S IPO.
No bargains in the market, so I will continue to save up and wait.
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