Dow dropped 700 points overnight and STI is following a similar fashion. Indicators are mostly red and down by some 2%. Looks like this is a year of wild swings in the market.
Overall, market direction is still up.
I had some time to tabulate my portfolio against sti. From jan 2016 (sti was around 3150) to now (sti now around 3430, STI has gained nearly 9%. Over a similar time, my portfolio has gained nearly 19%. Most of it is via dividend reinvesting and also rebalancing of portfolio occurs every 6 months or so, or unless a particular counter moves upwards so much that a sooner rebalancing is warranted.
I believe my portfolio is rather defensive and resilient in nature. Previous large drops in sti resulted in corresponding drops of smaller magnitude.
As I type this, STI closed down 71 points or 2.06% from yesterday. My portfolio dropped by 0.70%.
Dividend by month
1) singtel
2) fcot sgx starhillg fct sphreit cmt fortune capitaretail capitacom mit
3) spost taisin lippo nam lee netlink
5) fcot steng sgx uob sph starhillg fct sphreit cmt cdg hcg lippo Singre teckwah mit
6) tcil ocbc
7) singpost
8) fcot singtel plife ocbc starhillg sci steng fct singpost sphreit cmt lippo singre ock fortune capitaretail capitacom teckwah siaen mit
9) uob tcil cdg netlink
10) sgx
11) fcot taisin sgx spost starhillg fct cmt lippo siaen mit
12) sph ksh ock
Remarks:
Added more SG and bought teckwah. Reason is because they appear cheap at the current price. Value for money to me. Nothing sold.
16/4/2018: Have added some mit at around 199 price just after initial portfolio update post up. i like the increasing dividend trend and the company diversifying out of singapore.
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.
DON'T FORGET TO ASK YOURSELF THESE QUESTIONS:
1) WILL THIS COMPANY GO BUST IN 10 YEARS?
2) WILL THIS COMPANY STOP DIVIDENDS?
Overall, market direction is still up.
I had some time to tabulate my portfolio against sti. From jan 2016 (sti was around 3150) to now (sti now around 3430, STI has gained nearly 9%. Over a similar time, my portfolio has gained nearly 19%. Most of it is via dividend reinvesting and also rebalancing of portfolio occurs every 6 months or so, or unless a particular counter moves upwards so much that a sooner rebalancing is warranted.
I believe my portfolio is rather defensive and resilient in nature. Previous large drops in sti resulted in corresponding drops of smaller magnitude.
As I type this, STI closed down 71 points or 2.06% from yesterday. My portfolio dropped by 0.70%.
Dividend by month
1) singtel
2) fcot sgx starhillg fct sphreit cmt fortune capitaretail capitacom mit
3) spost taisin lippo nam lee netlink
5) fcot steng sgx uob sph starhillg fct sphreit cmt cdg hcg lippo Singre teckwah mit
6) tcil ocbc
7) singpost
8) fcot singtel plife ocbc starhillg sci steng fct singpost sphreit cmt lippo singre ock fortune capitaretail capitacom teckwah siaen mit
9) uob tcil cdg netlink
10) sgx
11) fcot taisin sgx spost starhillg fct cmt lippo siaen mit
12) sph ksh ock
Remarks:
Added more SG and bought teckwah. Reason is because they appear cheap at the current price. Value for money to me. Nothing sold.
16/4/2018: Have added some mit at around 199 price just after initial portfolio update post up. i like the increasing dividend trend and the company diversifying out of singapore.
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.
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?
Wish you could indicate your exact portfolio e.g how many shares of Singtel.. at what price... etc..
ReplyDeletei prefer not to reveal the exact number of shares of each counter for security reasons.
ReplyDeletethanks.
4)Is the company corrupted?
ReplyDeleteu referring to lkh?
ReplyDeletei don't think so. i believe its just that their earnings cant support 4c dividend.
Hi Paul, just checking if you are still holding SIA Eng as I have not seen it in your portfolio list. Thanks.
ReplyDeletehi monet
ReplyDeleteapologies for that omission
portfolio getting a bit busy in counters
yes, still in and haven't sold all this while.
have placed it back there.
thanks for the reply.