Some translations first. 明天会更好 means A Better Tomorrow.
My projected dividends for 2015 (based on current portfolio):
1. Starhub: $1,200
2. SGX: $1,120
3. SPH: $1,050
4. AIMS AMPI Reit: $540
5. CMT: $432
6. Starhill Global: $400
7. SATS: $390
8. SingTel: $368
9. Suntec Reit: $368
10. CDL HTrust: $315
11. SIA Engg: $240
12. Frasers CT: $216
13. SPH Reit: $216
14. HPH Trust: $180
15. Sembcorp Ind: $170 ?
16. CitySpring: $164
17. CapitaLand: $160 ?
18. Boustead: $90 ?
19. SingPost: $62.50
20. FCOT: $56
21. FEHT: $53
Total: ~$7,800
Avg/month: $650
With additional injected capital, my dividends will easily exceeding $8K for 2015. From the modest $3k+ dividends in 2012 to the $8k+ in 2015, this shows that this strategy is working for me.
So, the wish for the new year: Wishing everyone 明天会更好!
Showing posts with label New Financial Year. Show all posts
Showing posts with label New Financial Year. Show all posts
Sunday, 28 December 2014
Saturday, 6 September 2014
On the road to debt-free country
I have informed the bank that I will pay up in full when my HDB loan reaches the end of its lock-in period end this year. While previously they took only a short time to approve my loan, I have to inform them 3 months in advance.
This is a milestone target for me in 2014. My outstanding HDB housing loan will dip below $100K, making it impossible for further re-financing with the bank.
I am planning to pay off the remaining HDB loan by the combination of the followings:
1. Matured endowment policy
- 21-years ago when I started this endowment policy, it looked like a substantial sum of money at maturity. However, possibly due to inflation or perception changes, it doesn't feel like a windfall now. Haha.
2. Central Provident Fund (CPF)
- I will put some of this money into good use. After all, I dutifully contribute money to this fund every month.
3. Investment-linked Policy (ILP)
- Timing, timing, timing. At the last market crash, my ILP dropped 40-50%. Now, it is up 40+% its original value.
4. Housing loan "pay-up fund"
- I have started this fund after the last re-financing, contributing a fixed sum every month into it. As the total of 1 to 3 already sufficiently covered my loan, I will inject this fund into my war chest.
Not only that I will achieve my goal to be debt-free end 2014, I also have a bigger war chest for investment.
Related post:
Looking-ahead-to-2014-part-1-to-be-debt-free
This is a milestone target for me in 2014. My outstanding HDB housing loan will dip below $100K, making it impossible for further re-financing with the bank.
I am planning to pay off the remaining HDB loan by the combination of the followings:
1. Matured endowment policy
- 21-years ago when I started this endowment policy, it looked like a substantial sum of money at maturity. However, possibly due to inflation or perception changes, it doesn't feel like a windfall now. Haha.
2. Central Provident Fund (CPF)
- I will put some of this money into good use. After all, I dutifully contribute money to this fund every month.
3. Investment-linked Policy (ILP)
- Timing, timing, timing. At the last market crash, my ILP dropped 40-50%. Now, it is up 40+% its original value.
4. Housing loan "pay-up fund"
- I have started this fund after the last re-financing, contributing a fixed sum every month into it. As the total of 1 to 3 already sufficiently covered my loan, I will inject this fund into my war chest.
Not only that I will achieve my goal to be debt-free end 2014, I also have a bigger war chest for investment.
Related post:
Looking-ahead-to-2014-part-1-to-be-debt-free
Monday, 30 December 2013
Looking Ahead to 2014 (Part 2): Dividends
As mentioned in my previous post, 2014 will be a major step in my journey towards financial independence. As the HDB housing loan is my highest expenditure per month, getting rid of it is certainly one huge stone off my chest.
As my priority for the year is getting rid of the HDB loan, probably I will not be injecting too much money into my stock portfolio.
My projected dividends for 2014 (based on current portfolio):
1. SPH: $1,100
2. Starhub: $1,000
3. SGX: $840
4. AIMS AMPI Reit: $432
5. CDL HTrust: $330
6. CMT: $300
7. Starhill Global: $288
8. Suntec Reit: $276
9. SIA Engg: $220
10. Frasers CT: $208
11. SingTel: $200
12 HPH Trust: $184
13. CapitaLand: $140
14. SPH Reit: $100 ?
15. CitySpring: $98.40
16. Far East Orchard: $90 ?
17. Boustead: $70
18. SingPost: $62.50
19. FEHT: $62
Total: $6,000
Avg/month: $500
As my priority for the year is getting rid of the HDB loan, probably I will not be injecting too much money into my stock portfolio.
My projected dividends for 2014 (based on current portfolio):
1. SPH: $1,100
2. Starhub: $1,000
3. SGX: $840
4. AIMS AMPI Reit: $432
5. CDL HTrust: $330
6. CMT: $300
7. Starhill Global: $288
8. Suntec Reit: $276
9. SIA Engg: $220
10. Frasers CT: $208
11. SingTel: $200
12 HPH Trust: $184
13. CapitaLand: $140
14. SPH Reit: $100 ?
15. CitySpring: $98.40
16. Far East Orchard: $90 ?
17. Boustead: $70
18. SingPost: $62.50
19. FEHT: $62
Total: $6,000
Avg/month: $500
Saturday, 28 December 2013
Looking Ahead to 2014 (Part 1): To be debt-free
2014 will be a milestone year for me. I am planning to be finally debt-free by the end of 2014.
My outstanding HDB housing loan will dip below $100K in 2014, making it impossible for further re-financing with the bank.
I have done a loan re-financing in 2012, with 2 years locked-in period. It was not a bad deal as the interest rates were 1+% for the first year, 2+% for the second year and 3+% for the third year.
I am planning to pay off the remaining HDB loan by the combination of the followings:
1. Matured endowment policy
- Luckily I have one 21-years endowment policy maturing in mid-2014. Time really flies and 20 years have already gone by since the day I started contributing to that endowment.
2. Housing loan "pay-up fund"
- I have started this fund after the last re-financing, contributing a fixed sum every month into it.
3. Central Provident Fund (CPF)
- I will need to check how much can I use?
4. Fixed deposit or Investment-linked Policy (ILP)
- Depending on the sum of 1 and 2, I may liquidate one of my FD or ILP, also depending on the ILP price. I do not need to touch my CPF, but why not if it is available?
The goal is to be debt-free by end 2014.
My outstanding HDB housing loan will dip below $100K in 2014, making it impossible for further re-financing with the bank.
I have done a loan re-financing in 2012, with 2 years locked-in period. It was not a bad deal as the interest rates were 1+% for the first year, 2+% for the second year and 3+% for the third year.
I am planning to pay off the remaining HDB loan by the combination of the followings:
1. Matured endowment policy
- Luckily I have one 21-years endowment policy maturing in mid-2014. Time really flies and 20 years have already gone by since the day I started contributing to that endowment.
2. Housing loan "pay-up fund"
- I have started this fund after the last re-financing, contributing a fixed sum every month into it.
3. Central Provident Fund (CPF)
- I will need to check how much can I use?
4. Fixed deposit or Investment-linked Policy (ILP)
- Depending on the sum of 1 and 2, I may liquidate one of my FD or ILP, also depending on the ILP price. I do not need to touch my CPF, but why not if it is available?
The goal is to be debt-free by end 2014.
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