portfolio and dividend list October 2018

Dividend by month

1) singtel
2) fcot sgx  starhillg fct sphreit cmt fortune capitaretail capitacom mit suntec
3) spost  taisin lippo nam lee
5) fcot steng sgx  uob sph starhillg fct sphreit cmt cdg hcg lippo Singre teckwah mit sci suntec bumi hlf ums
6) tcil ocbc
7) singpost ums
8) fcot singtel  plife  suntec ocbc  starhillg sci steng fct singpost sphreit cmt lippo  ock fortune  capitacom  siaen mit sats uob cdg sci
9)   hlf teckwah bumi singre capitaretail
10) sgx ums tcil
11) fcot taisin sgx spost  starhillg fct cmt lippo siaen mit suntec
12) sph ksh ock sats netlink ums



Remarks:

Added more dbs sgx sph sia during the current downturn with the help of my dividends

Overall,

nothing fanciful and nothing new: dividends received will be used to reinvest in the same counters and/or the counters which are about to pay dividends soon.

No further input is necessary. Portfolio creates the income every month and gets reinvested. One reinvestment move means one more continuous stream of income in the future.

Counters get rebalanced periodically as and when the opportunities arise.

Market up or down doesn't matter too much, in fact is not a bad thing after all. Dividends provided new cash flow as compounding and dollar cost average tool.

went to bank to open FD but RM ask me to buy accumulators

yesterday during lunch, went to a bank (won't mention which), to open a FD. cos there's quite an attractive promotion going on. and these funds are part of my emergency ones. so no harm getting something better for them, anyway most likely they will stay put also.

while waiting in the room and being served with a drink there, the RM came ....
sir, you know there's this product, like bank shares, you buy at this price then potentially....
its basically accumulators!

wah... got this kind of promotion 

how my old friend retired so early in life - true story

recently i met my old school friend, whom i known for the past 3 decades.

i haven't met him for a long time as i have been busy at work and family stuff and somehow lost contact.

we spoke as he needed my advice on something.

when the official business was settled, we started some catching up.

he told me that he retired long ago, maybe in his early thirties, now basically running errands, fetching family around, doing marketing etc. he lives in a nice landed property and drives a nice car.

i did some research. it's true.

his grandfather sowed the seeds, planted the tree long long ago and he's descendents enjoying the shade and fruits. he's receiving dividends upwards of 0.5m per year. in normal circumstances, cannot possibly finish using.