3rd Qtr 2018 : Dividend and Portfolio Update
|image credit to Izquotes.com|
YES !! Is time to calculate and tabulate my dividend & interest income for 3rd Qtr 2018 ( $$$ to be collected in the month of Jul to Sep). I am happy to see some other bloggers have started to show how much dividend they will be collecting, it’s really encouraging to see some had seen their dividend amount increased much on Y.o.Y basis and I’m not sure if this is also kind of “Nudge “ link as what Uncle CW8888 mentioned that this (by showing our dividend amount from fellow bloggers) could act as “nudge” for others/readers to save and invest in the long run.
YES !! as you may notice my investment style, I am more on dividend income investing, although with mix portfolio of some growth stocks, again with some dividend. I like getting paid in cold, hard cash and use it whatever I like. Reinvesting it if I think some stocks are undervalued or keep it as war-chest if I feel the market is over-valued. The best part is to spend and “buying experience “, where STE & Mrs. were spending our great time for the 11 days wonderful trip to Iceland. (here )
Total Dividend & Interest to be collected in 3rd Qtr = $50,047
I am quite surprised to see that the amount is higher than last year same period as the 1st & 2nd were both lower on Y.o.Y basis, I guess this was mainly due to some “special dividend “ being paid from come counters like banks and Keppel Corp.
Details of Dividend and Portfolio’s update as below :
Total stocks holding increased by 3 to 48 as I divested ST Eng and bought in another 4, two are new counters whereas the other two are the one I owned before ( YZJ Shipbuilding and UMS ), where the price has corrected much recently from its high. I have divested these two with quite good profit before ( here- YZJ ) and ( here –UMS ) and hope I could be right this time around re-collecting these two into my portfolio again.
Top 5 holding remains the same except Lippo Mall has moved one notch up to Nbr #4, overtaking Comfort Delgro , as I have sold some CDG ( 17.5K units ) to take some profit off the table and the same time increasing my position in Lippo Mall , Valuetronics (2.5%-> 3.3%) and a little bit increased in Global Inv , Kingsmen Creative as well as Asia Pay TV. Have also reduced my holding in Design Studio with loss booked, the business still challenging and I am not so sure if it will recovery by 2019 where I might be wrong on this. I decided to divert my capital to somewhere else for the time being.
Other than Asia Pay TV , which is more on speculative as we knew that the dividend payout is not sustainable and will be cut eventually, the rest I intend to hold for medium to long term, depending on the situation. Anyway, no right or wrong, I will not try to elaborate on what I have bought as I have always quoted :
"One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute." - William Feather.
Trade Record: ST Eng
For XIRR of just 5.4% which is slightly higher than CPF-SA interest rate, with such a result , nothing to be proud of or impressive at all. Well, obviously, I am wrong in my entry and exit price, by hindsight. Hahaha..:D
Top 5 Paper loss counters :
Nobody like to look at the loss stocks in their portfolio but yet in our investment journey, losses in stock investing is very common and will incur anyway. As “loss aversion” define, the pain is much higher when we look at loss vs winning the same amount of other counters.Hence, we tend to hold on the loss-making stocks as it’s painful to “realize “ the losses.
What should I do with all these counters? Divest or averaging down? Obviously, some may recover and some may not. Can someone shed some light on it?
Please be reminded that this is not a call to buy or sell of any stocks mentioned above, as disclaimer, please DYODD before acting on the information given and all the counters and the numbers given are just for illustration purposes.