Straits Time Index Highest Dividend Yield

Hi Everyone!

As a long term investors or in other words people who aims to collect dividend through investment, should understand which stock has a better dividend yield. 

Certainly, the aim of mine is to have a dividend yield of at least 4% and above. The reason is because is my own starting point and I hope to be able to achieve this goal in order to achieve the goal I have set myself for this year of having $1440 of passive income (for this year, the main passive income will be coming from OCBC 360).

So let's say I have invested $10000, my dividend that I will be getting will be $400. It will be certainly great for my first year portfolio. Of course, this is just a rough estimate, I will invest more if I have more savings. My aim is to get at least $700 from dividend this year.

There is an article mentioning about the highest dividend in the Straits Time Index - Top Dividend Yield in 2015. Do check this website out as a reference, but there are some blue chips that you might want to look into. 

  

Saving Challenge - 52 Weeks Money Challenge

Hi Everyone!

I believe you have come across this before - the 52 weeks money challenge! Well, for those people who are up to this challenge, do it! the end result you will get is the amount of near to $1400 (or just add in $22 when you receive your year end bonus) in your bank!

Well, just to add on, save this money in the bank and you will see a bit more money in your bank!

Do take up this challenge!

Good Luck!

Which Stock to Purchase?

Hi Everyone!

*Note: This is not a suggestion post or whatsoever, is just my personal portfolio that I will be heading as I am a newbie and not a professional financial adviser. 

As the 19th of Jan draws nearer, the decision making of which stock to buy must be made ASAP. This is indeed a tough choice for me as there are tons of blue chips that I wish to purchase in order to get good dividends. I will invest in blue chips for my investment plan as it has lower risk (doesn't mean no risk!). 

Personally, I have draft out some plan for investment, but I will be looking at companies with high dividends. Many would say it is not sufficient to look at dividends and I agree, there is one other point that I will be looking at is the sustainability (whether the company will sustain even if the market crash). These are the two points that I will be looking at. 

I do not really care about the capital gain/loss in the first two years unless there is a news reporting that the company is at risk in failing, then I will sell away the stocks from that company. If not, I will keep them as long term investment.

So you must be wondering what is the duration of my long term investment? Well for me, I will do a review (if no serious impact happen to the company that I have invested) every 5 years to ensure that all the stocks are in the healthy range. 

Everyone has their own assessment criteria for their own portfolio, I have mine too. However, as a newbie in investment, I will have to rely on the the two factors that I mention above. 

So, here comes the million dollar question, which stock will I pick out of all the blue chip stocks in Singapore?

1) Starhub or Singtel or M1 (Second to Invest)

So why this stock? As I have mentioned before, I am looking at sustainability. Telco are one of them as with out them, how can Singapore live? Thus, the chances of them turning into ashes is practically impossible, if not Singapore will not be able to function

2) SembCorp Industries (Third to Invest)

Also, this is one of the necessity for Singapore where it function to dispose wastage for Singapore, so without it, Singapore will not be able to function

3) Capitamall Trust and Frasers Centrepoint Trust (First to Invest)

Shopping malls are everywhere in Singapore. Understand that there is an increase in online shopping but without shopping centers, it will be a boring country to live in!

After reading through, you might be thinking why not DBS bank? For me is because the required capital is quite high DBS - $20.45 per share if bought one lot, it will cost $2045. Unless the dividends is really good if not I wont go in (if want to go in, probably go ii in April since their dividend is in May and August)

New Year Resolution for Money Money Money

Hi Everyone!

Today is the first day of the year 2015! It's awesome and hope everyone enjoy their countdown (be it alone, with friends, with family or love ones)

Everyone have their own new year resolution, I have mine too! The resolution that I am going to share here is all about money money and money, nothing else hahaha.

So these are the list of my year 2015 resolution

1. Earn my first passive/side income of $1440 as I have mentioned in the side of my blog
• OCBC 360 interest - $120+ per month (Hope the promotion can last at least 6 months) with the interest rate of 3.05% per year
• CIMB Saving account - 0.8% per year (This account will be open on February) which I expect to earn  $3.33 per month with the deposit of $5000
• Invest in Nikko AM, CapitalMall Trust, Frasers Centrepoint Trust and Singtel/Starhub to collect dividend around $50 to $100 for this year (with the investment of around $2000)
• Some surveys, insinc, and other activities to gain vouchers and rewards
2. Invest in insurance for wealth plus health - mainly on NTUC income (start on Feb)
3. Fixed Deposit in OCBC to gain 1.3% p.a. with the amount of $10,000 (right after the OCBC 360 promotion ends

Well, these are my resolution and the ways that I will achieve it. I will constantly update my blog with what I have done together with the results so that the reader will get to know my progress. For my first year, my investment capital is rather low because I am new, however, depending on situation, I might increase my investment capital from $2000 to $10000.