Monday, 4 December 2017

portfolio update November 2017

Apologies for the late update. Have been travelling quite a lot recently.

November dividend was like this.


Dividend by month

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


Remarks:

With my proceeds from lmg and from the dividends, I added the following.

Added old chang kee at 76c. Should have bought this counter long ago. Hesitated and wow, it multibagged from listing price.

Luckily i kept nam lee in my watch list. when my dividends came, i managed to add some below 40c. Full year result showed improved earnings with nav up to 55c.

Added some more singapore reinsurance, steng, sats and siaen.

Also added netlink trust.





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.

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.




DON'T FORGET TO ASK YOURSELF THESE QUESTIONS:


1) WILL THIS COMPANY GO BUST IN 10 YEARS?
2) WILL THIS COMPANY STOP DIVIDENDS?


3) WILL THIS COMPANY STOP INCREASING DIVIDENDS OVER TIME?