Dividend and portfolio update Jan 2019

Dividend by month

1) singtel
2) fcot sgx  starhillg fct sphreit cmt fortune capitaretail capitacom mit suntec
3) spost  taisin  nam lee
5) fcot steng sgx  uob sph starhillg fct sphreit cmt cdg hcg 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 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 siaen mit suntec
12) sph ksh ock sats netlink ums



Remarks:

Added more cdg sia and three banks.

As expected (see previous post), taisin continued to slide.. Market is taking a while to correct downwards and reflecting the similar bearish view of eventual eps drop and dividend cut. the last straw would be seeing the real result. of course, i could be totally wrong on this, as market is proven time and again to spring surprises to investors, big and small. if taisin were a billion dollar blue chip, i might just hold on. but its not, and safety first.

Fortune reit released a very good set of results yesterday. both nav and dividend rise as expected. and as expected, this counter continued to rise upwards against the broader market weakness.

tan chong went down with the profit guidance result. this counter is for long, so its not unexpected that those with short horizon and weaker holders to bail out. as time goes, this gets even more undervalued.

I would be eagerly waiting for the blue chips counters to report their results in the coming weeks.




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.

This is all season, all market condition investment strategy, and works for all investors of all ages as well.

Its time in the market which matters ... read this and work out the sums

Let me share a educational story as a new year inspirational story

Meet Uncle High, Sg worst investor who only buys at the highest point in the market. 

He has good intentions to invest his money but each time he does it, he does it right at the time when the masses has nearly completed their frenzy buying. 

Born 1965

Studied hard and Graduated with a University degree and started work in 1988, just after Black Monday crisis

Landed job earning 2kpm

Saved 0.5kpm from 1988 to 1996 and

Bought into STI high 2450 February 1996

STI crashed 2yrs later 1998 STI 896. Wipe out 64%! Yes, 64%. Meaning every $1000 became $360 or pretty much so.

From 1996 to October 2007 STI 3800, managed to save 1kpm due to wage increase. 

Bought in at STI 3800

Then STI crashed March 2009 1500. Wipe out 61% of value! Meaning every $1000 became $390 or pretty much so.

He only buys blue chips in SG of the largest cap and reinvest his dividends as they come. Average STI returns over past 30yrs is around 8-10%. We take 8% since Paul High is such a lousy investor

Being twice unluckily at having bought at the highest STI just before the massive crashes occur, Paul High decides to stay off investing as he thinks he has enough of it.


U think Uncle High at 54 years of age, is a loser as of 2019? What do you think is his current net worth?

Dividend and Portfolio Update Dec 2018

Dividend by month

1) singtel
2) fcot sgx  starhillg fct sphreit cmt fortune capitaretail capitacom mit suntec
3) spost  taisin  nam lee
5) fcot steng sgx  uob sph starhillg fct sphreit cmt cdg hcg 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 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 siaen mit suntec
12) sph ksh ock sats netlink ums



Remarks:

Market continued to show weakness. I was able to add some very good blue chips at good prices.
Added all 3 banks, SATS and SIA. Nothing sold.

Strategy unchanged and served me well during this downturn. Should STI fall below 3k, will continue to add very good blue chip counters.

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.