A few simple rules and hey presto...
1) identify a list of dividend paying stocks with long history.
2) plan which one to buy such a way as to receive dividends every mth or at very least every 2 mths.
3) during initial construction of portfolio avoid buying stocks at/near their 52weeks or all time high.
4) keep on buying when dividend comes. Can supplement with active income.
5) rotate periodically when one counter runs up too high such that its yield is compressed.
Thats about it!
Hi Paul,
ReplyDeleteAgree with u on point 1,3,5.
Hi. Saw your portfolio.
DeleteU also have taisin.
See u at taisin agm! Makan time!
Hi Paul not looking at m1? Found that's it suits your style.
ReplyDeleteYes, looking at m1. Its a possibility. Price has come down quite a bit due to impending telco setup. This will strengthen 4 & 8 income. I am also giving some thought to hpl.
ReplyDeleteBut for now, i am looking at adding more singtel sph & plife to strengthen the coming 12,1,2,5,8,9,11 income.
Thanks.
Hi Paul,
ReplyDeleteSimple and effective strategy.
I am looking to increase my dividend income in Jan, Feb and March. Any recommendation?
Hi Sanye
DeleteMy choice would be to increase singtel, plife and nam lee. Or add some feht.
This shd cover 1 2 3 5 6 8 9 12.
Plife and Nam Lee seem good choice. Will take a closer look, thanks.
ReplyDelete