Strategy Plus a Little Update

Hi Everyone,

First for the update of my passive/side income this month which is over $200++!!, $280 to be exact. The main portion comes from the profit after I sold my DBS shares and also the money that I have received from OCBC 360 interest. For OCBC 360, next month will be the final month for me to get the 3.05% interest, which is quite a pity since 3.05% is quite a good interest rate for us to get. But what over is over, we can only look forward to what I can do with the 2.05% or probably more depending on the two additional criteria that OCBC will be announcing in May 2015. Up to date, I have successfully achieve my target of having $120 passive/side income per month which is quite a good achievement for me. Will continue to monitor my own progress to ensure that I will it the target for the next 8 months.

OK! After a mini update on my status, now I will talk about my strategy, my strategy in investment and savings. The reason why I talked about this topic because I have heard from many people in the forum talking about their strategy in terms of investing. Some people want fast cash, which is why they bet on pennies while the others might have other strategy. Although newbies might have the urge of getting fast cash, thus, betting their money on pennies. But for me, I am going for blue chips and reits partly because of dividends and partly because of stability. However, I am still learning on investment, thus, I only put less than 30% of my cash to investment while rest of my cash sits in the bank to collect fat interest (one more month to go). 

So I believe slow and steady wins the race, so lets get down deeper, am I a long term investor or a trader? I believe my style is more towards a hybrid because my main goal is still dividends however, whenever a share or a counter (depending on what you used to say), hits my target point (one year worth of dividends + a bit of profits), I will let it go, which is what I did to DBS. The reason I do that is because firstly is to get my realized gain and secondly, I want to get the additional money to reinvest to gain more interest early. For example, lets say 2.05% for OCBC bank and I put $180 (profit from DBS) in it, with the compound interest, I believe I can get extra few dollars in a few months time. (I am measuring based on the time where I gain the yearly dividend from DBS. Although is just few dollars, but money is money. Certainly, reinvesting is also good but one more point I will take into consideration is the dividend rate as well as the volatility of the shares. DBS is too volatile for me so I prefer to shift to OCBC instead, a rather stable and less volatile than DBS.

Each people have their own way of investment, for me, I think betting on blue chips and REITs will be the best for me to start with :D How about you?

Sold DBS Shares

Hi Everyone,

I have sold DBS shares today with a profit of more than $180, which is more than a year worth of dividends plus a tiny bit of profit. DBS really gives me hard attack during the month of February when I purchase this stock. The reason is because I bought it at 19.7 and suddenly it drop to 19.2 flat. Which makes me wondering whether my decision of purchasing this stock is really worth it. But I persevere and finally I can see my results :D Which is not a bad one because I gain one year worth of DBS' dividend and a tiny bit of profit like around $12 (Well better than nothing :D).

With that said, I have earned the passive income of around $180++ which I will included this month's calculation. For those who are still holding DBS stock, I hope everyone of you huat ar! I will certainly buy DBS shares again when it drops to 19.xx range. So for now, see ya DBS, I have a nice ride from you :D

Now, my focus will be on OCBC, hope OCBC can hit $11 mark and huat ah!

OCBC Bank

Hi Everyone,

After a long period, I decided to go with OCBC Bank which I have bought 300 shares of it. OCBC shares, I will keep it for long term because it has over 3.05% dividend yield (3.3%). The reason why I bought OCBC is because I am currently using OCBC 360 and Frank credit card. So, in the sense that I am it's customers and I hope that OCBC will do well in the future, 

Although I bought at a quite expensive price, but since this is a long term investment, I will average down when necessary so that it will drive up my dividend yield. 

Now currently I have two banks shares (DBS and OCBC) which I am quite proud of because DBS is doing very well and will sell it soon if the time is ripe. The reason why I wanted to sell DBS is because of it's low dividend yield, I would, might as well put it in OCBC 360 or buy other shares with higher dividend yield, like OCBC, to earn my passive income. 

Of course, many people mention that bank shares are for capital gain, but for me, I am looking at both sides of the world. If both dividend yield and capital share increase, it would definitely benefit me a lot. 

Welcome OCBC on board!

Temptation of Locking Profits

Hi Everyone,

I believe every investors have felt this way before, the temptation of locking profits. I am just a two months old investors and I already have this feeling of locking profits from DBS share. The reason is because it is going to hit my target price, which will be around one year worth of dividends (from DBS) plus a bit of extra coffee money. 

My criteria of locking profit is simple, if it hits one year worth of dividend, I will locked it. Although other people my disagree with my action because there is a possibility of the share growing even more. However, I am not an expert in reading fundamental analysis and technical analysis, I wouldn't bet on that especially for DBS because DBS really is a roller coaster. I prefer something like a stable stock like Starhub or M1, which is one of the shares that I will go into when I cash out from DBS. 

My eyes are on Starhub or M1 or maybe both depending on the cash flow I have. Then after that wait for a while to see if bank stock will fall back to it's normal state before going in again to earn some profits. (These are just my personal views - do not follow)

Well, lets see tomorrow whether DBS will hit my target price. If yes, there will be a change in my portfolio. If not, then will probably need to wait till next week, or get my dividends first.

Portfolio Slowly Increasing

Hi Everyone,

As I have just do a review on my current portfolio condition, which I have noted them in Google Spreadsheet, I realize that my unrealized loss has drop from -$400++(around there) to now -$43.1. You might be wondering why I have a huge loss in the beginning right? The reason is because I have take into consideration of the commission for both buying and selling (around $40 to $60 - because of Poems 100 lots promotion). So now when I take a look at my portfolio, I am glad that it had drop to 2 digits which is mainly contributed by DBS, with the recent rise from 19.xx range to now $20.xx range. Certainly, I am happy but as you know the market is unpredictable and I really do hope that everything will go well and will go up and up and up and hope DBS will reached my target price before I release this counter (I have plan to use the money for this counter to purchase other counter). 

But still nothing is for sure, as I expect to see DBS to continue raise until it reaches more than $21 (Hopefully it could) by end of this month. Let's see my prediction will come true hahaha.

Breakthrough for Sheng Siong and ST Engineering!

Hi Everyone!

Today is quite a green day for me (in my portfolio) because of the rise of all my blue chips and Sheng Siong shares. 

Firstly on DBS review, it went back up to $19.72 in the late morning to early afternoon and it drop back down to $19.60. Although it still quite low but I am happy that it raise a bit despite yesterday downfall. If this trend keeps going like this, it would mean that the price range for DBS is around the price between $19.56 to $19.72. (Just hope that tomorrow will be a good one also)

Secondly, Sembcorp Industries, this share always hike up in the early morning to mid afternoon around 3pm to 4pm, then when it comes to 5pm, it will jump back down to $4.3x range. It had been happening for a few days already. I was thinking if someone is playing contra with the stock which enables them to buy at low and sell at high in the early morning. (well just guessing!)

Thirdly, Sheng Siong, if finally close with a new height of 74.5 cents! yay! Hope it will go on further and further with the expansion of new outlets and new territory (China!) If all these are successful, I can see a hike in the share price which will hit to a dollar per share.(Just my personal view, dont take it too seriously) 

Fourthly, ST Engineering, a sleeping giant finally awake! This giant finally took a step forward and make it's mark to $3.45! Small but stable increment as compared to Sembcorp Industries. I would like to see how this blue chip going to grow to it's former glory of making up to $4 or $5 (can't remember)

Lastly, my updates on my REITs, today the REITs that I am holding, mostly all went down. Well just a bit but AIMS AMP Cap Industrial went down a lot same goes to Keppel DC REITs. Well, I will juts leave my REITs alone and collect dividends from these REITs which is my long term plan for all my REITs.

One more thing, Singtel, M1 and Starhub is still not coming back :( Come back leh....

DBS Free Fall!!!!!

Hi Everyone!

Today is quite a not that good day for me because of this event where DBS had a free fall today (dropping 18 cents/16 cents). 18 cents as compared to yesterday last close result and 16 cents is based on my entry price. This may be a test for my tolerance for capital loss in a single share which happen to many people (experience investor). So I was thinking how much can I take the loss? 1 dollar? 2 dollar? If really hit rock bottom, I would avg down the price for this share and will have higher dividend yield and I will hold it for donkey year until I earn back my capital. 

I hope I can gain my loss back from dividend from DBS to cancel my loss as the dividend for DBS (Based on last year) was 58 cents per share. So is still not too bad la, since I am holding it for a long term (unless the tide turns and it hit $201 and above then I will sell it away., if not this will be my counter for at least 5 years because it is not just stable but also strong!

I have do some research on the reason for this share to fall is because of the recent valuation of the currencies which led to US investors to dump away their DBS shares. This is just my observation because in the discussion in a forum with experience investor, they mention that Ang Mo bank is selling their DBS shares away. Despite that, there is a little bit rebound that I have observe when it jumps back to 19.6x then drop down to 19.5x again. Selling is certainly strong but nonetheless, I will not let this defeat me as DBS as I believe will be the core banking in Singapore! 

DBS Huat ar!

Got another blue chip..... DBS

Hi Everyone!

This is a brand new month and a brand new start for me to go forward on my investment path to achieve my goal of earning $1440 from passive income. Today, I have added DBS into my portfolio, which further diverse my portfolio into the banking industry. 

The reason why I purchase DBS is because I wanted to have a finance sector shares and the stability of this counter as well as recommended by various brokerage company like CIMB, OCBC, HSBC on purchasing this stock, this gives me determination to purchase DBS stock today (while it falls into a deep red ocean).

Depending on the fluctuation of this share, I will probably hold it for a year unless it hits the target price set by the brokerage, if not I will hold it to collect dividends. 

DBS Huat Ar!