My passive income portfolio is building up gradually by the brick-by-brick process. In the past, 1 brick AKA 1 lot AKA 1,000 shares.
Using this method, the higher priced blue chips are beyond my reach. Moreover, whenever there is money in my investment account, my fingers start feeling itchy and usually I will buy something before the money could be accumulated enough for those high priced stocks.
From tomorrow onwards (19th Jan 2015), the minimum lot size in the SGX security market will be reduced from 1,000 to 100, making higher priced stocks more affordable.
Furthermore, on the POEMS trading platform, the promotional minimum commission starts from as low as $10 for trades less than 1,000 shares, and for contract value up to $3,500.
Finally, chance for me to buy some of those branded stocks!
Sunday, 18 January 2015
Thursday, 1 January 2015
|No.||Stock Name||Lots||Portfolio%||Avg Cost$||Breakeven$||Market$|
|AIMS AMPI Reit|
|Frasers Com Tr|
Bought:- Sembcorp Ind, SPH Reit.
Dividends collected in Dec: $1,001.70
Total dividends collected for 2014: $6,812.13
2014 avg dividends/month: $567.68 [19.15% up from 2013]
Boring process of building up my passive income portfolio brick-by-brick (bit-by-bit).
Highlight - My portfolio value crossed the $160K milestone.