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!

March Report - Portfolio and Passive Income Result

Hi Everyone,

Today is the last day of March, thus, I will do a consolidation of my activity for this month.As you can see on the dividend's column, you will know that I did not hit my target of $120 for this month. The reason is because I only have AIMSAMP CAP REITs for dividend collection and OCBC interest rate. $23.72 more to hit my target but oh well, have to see month effort on reaching the goal, which is highly possible due to the fact that I will be collecting dividends from ST Engineering, which gives a dividend of $110 in the month of April. Plus OCBC 360 interest rate, I should be able to hit that target.Now I am a bit worried that my company did not cash in my salary to OCBC 360 account on time, which leads me to lose 1% of my interest rate for this month. Hope they can get it done as soon as possible :D

This is my updated portfolio:

OCBC is the latest member on board, welcome OCBC :)

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!

Breakeven

Hi Everyone,

Today I have come across an interesting topic in HWZ forum where there is a new investors talking about calculating break-even for a counter.

When he/she asked that question, in my mind, I already had my own way to calculate my break-even point. So I explain to him/her my point of view. 

This is the example that I provided:

[(Current Share Price * Number of Shares) + Dividends collected up till date] - [(avg share price purchased * Number of Shares) + commission (both selling and buying)] = x

If x < 0, it will mean that you are still losing money 

If x = 0, break-even

If x > 0, profited from your investment 

Of course, this is just a standard way to calculate break-even, or let's say explain about break-even.

For me, I take a step more when it comes to calculating break-even point. My personal formula adds a bit of thrill in it  

My formula:

[(Current Share Price * Number of Shares) + Dividends collected up till date] - [(avg share price purchased * Number of Shares) + commission (both selling and buying)+ (number of year invested*dividend per year)] = x

If x < 0, it will mean that you are still losing money 

If x = 0, break-even

If x > 0, profited from your investment 

*I will be doing a round up to the years, for example 1 year 1 month, I will round up to two years worth of dividend

So the final portion is the additional thing that I have take into consideration, which is the dividend * number of year invested.

So why do I do that? The reason is because I want to take into consideration of opportunity cost. For example, if I invested $5000 in Sheng Siong, I will have $5000 less in my OCBC 360 to collect interest or other methods of investment. So in order to make sure that my money stays in a good shape, I will always include one year worth of dividend into my calculation before selling. 

If I can hit the break-even point in just a few months (like 2 to 3 months) I will sell it to lock my profit. I believe this can be done for growing stock and other blue chips which had sudden spike in it. For REITS, I will be putting there for a few years before selling it. 

How about you? How do you calculate your own break-even point?