Sold my 1,000 shares of DBS on 8th Nov at $15.25.
Profit of $256.80 coffee money in 22days :D
This is my 2nd FIFO for DBS shares.
Sold it yesterday due to US Election with fear that Trump will win (In the end, he really won and stock market is in RED RED RED now)
Hopefully the stock market wont be in shock for too long and recovery itself quickly by next week *finger cross*
Wednesday, November 9, 2016
Sunday, October 30, 2016
Summary of my portfolio - Oct 2016
| No. | Counters | No. of Shares |
| 1 | DBS | 1,000 |
| 2 | Frasers Centrepoint Ltd | 20,000 |
| 3 | Keppel Corp | 2600 |
| 4 | Vicom | 2000 |
| 5 | Warchest | $11,473 |
Quick Summary:
- Bought 20,000 shares of Frasers Centrepoint Ltd (FCL) @ $1.48 on 12th Oct
- Bought 1,000 shares of DBS @ $14.89 on 17th Oct
- $12,000 funded from ext source, balance of $2940.98 from Warchest
Sunday, October 23, 2016
Dividend or FIFO?
Dividend or Fast In Fast Out (FIFO)?
I started my first blog post in May 2016 and the strategy I used was Power of Dividend (Click here for my first post).
We are reaching end of 2016 soon, my total dividend collected in 2016 is $2,985.45.
I am not expecting to have any new dividend coming in for the rest of this year.
That work out to be $248.79/month of dividend.
My target is to achieve $2,000/month of dividend from 2037 onward.
Recently, I did a few FIFO and realize that this might be a faster strategy to increase my investment portfolio size compare to dividend (Of cos, I will need to put in more effort as compare to doing nothing and just collect dividend).
The most recent of my FIFO, which I have not blogged it yet, was added 1,000 shares of DBS at $14.89 on 17th Oct.
Am happy to also see that my Frasers Cpt Limited is $700 in green now in 11 days.
But I am not selling it anytime soon as I am waiting for FCL Full year result release on 9th Nov where a potential dividend declare of $0.062 should push the stock price higher up even more.
The main point was it took me 1 year to receive close to $3000 as compare to FIFO where I am able to profit $800+ in 11 days. I could realize this profit and strengthen my portfolio amount to roll it into bigger amount faster. Of cause the flip side of the story can also be I paper loss $800+ in 11 days. But I don't think it will give me any issue as beside being able to FIFO, before I choose to add that particular stock, I will also consider the stock dividend payout if I am being force to hold long term if the stock price fell below my cost price as a safety net.
Rafflesian, an HWZ forum member, had been FIFO where his realized profit each time can range from 2 digits to 5 digits (All thanks to his huge capital he had) - Link
I am both envy & jealous at the same time.
So for now, I guess I will be more of a FIFO-er than a dividend-er.
However, ultimately, I should be a pure dividend-er when I started to retire in 2037 as I need to generate passive income and I need my money to auto work hard for me when I am sleeping. LOL!!
I started my first blog post in May 2016 and the strategy I used was Power of Dividend (Click here for my first post).
We are reaching end of 2016 soon, my total dividend collected in 2016 is $2,985.45.
I am not expecting to have any new dividend coming in for the rest of this year.
That work out to be $248.79/month of dividend.
My target is to achieve $2,000/month of dividend from 2037 onward.
Recently, I did a few FIFO and realize that this might be a faster strategy to increase my investment portfolio size compare to dividend (Of cos, I will need to put in more effort as compare to doing nothing and just collect dividend).
The most recent of my FIFO, which I have not blogged it yet, was added 1,000 shares of DBS at $14.89 on 17th Oct.
Am happy to also see that my Frasers Cpt Limited is $700 in green now in 11 days.
But I am not selling it anytime soon as I am waiting for FCL Full year result release on 9th Nov where a potential dividend declare of $0.062 should push the stock price higher up even more.
The main point was it took me 1 year to receive close to $3000 as compare to FIFO where I am able to profit $800+ in 11 days. I could realize this profit and strengthen my portfolio amount to roll it into bigger amount faster. Of cause the flip side of the story can also be I paper loss $800+ in 11 days. But I don't think it will give me any issue as beside being able to FIFO, before I choose to add that particular stock, I will also consider the stock dividend payout if I am being force to hold long term if the stock price fell below my cost price as a safety net.
Rafflesian, an HWZ forum member, had been FIFO where his realized profit each time can range from 2 digits to 5 digits (All thanks to his huge capital he had) - Link
I am both envy & jealous at the same time.
So for now, I guess I will be more of a FIFO-er than a dividend-er.
However, ultimately, I should be a pure dividend-er when I started to retire in 2037 as I need to generate passive income and I need my money to auto work hard for me when I am sleeping. LOL!!
Subscribe to:
Posts (Atom)