| No. |
Stock Name |
Lots |
Portfolio% |
Avg Cost$ |
Breakeven$ |
Market$ |
|
1
| SGX |
4
|
18.71
|
4.95
|
3.79
|
7.00
|
|
2
| Starhub |
6
|
16.56
|
3.36
|
2.90
|
4.13
|
|
3
| SPH |
5
|
14.30
|
3.99
|
3.39
|
4.28
|
|
4
| SingTel |
2.2
|
5.53
|
3.37
|
3.10
|
3.78
|
|
5
| CapitaMall Trust |
4
|
5.27
|
1.76
|
1.32
|
1.97
|
|
6
| AIMS AMPI Reit |
5
|
4.98
|
1.47
|
1.39
|
1.49
|
|
7
| Suntec Reit |
4
|
4.77
|
1.58
|
1.26
|
1.785
|
|
|
8
| Starhill Global |
8
|
4.36
|
0.74
|
0.60
|
0.815
|
|
|
9
| CapitaLand |
2
|
4.24
|
3.91
|
3.61
|
3.17
|
|
|
10
| SATS |
2
|
4.14
|
3.06
|
3.02
|
3.10
|
|
|
11
| CDL HTrust |
3
|
3.46
|
1.66
|
1.06
|
1.725
|
|
|
12
| SIA Engg |
1
|
3.18
|
4.86
|
4.74
|
4.76
|
|
|
13
| Frasers CT |
2
|
2.60
|
1.81
|
1.75
|
1.945
|
|
|
14
| SPH Reit |
3
|
2.11
|
0.97
|
0.97
|
1.055
|
|
|
15
| HPH Trust |
3
|
1.68
|
0.90
|
0.81
|
0.675
|
|
|
16
| Sing Post |
1
|
1.32
|
0.875
|
0.63
|
1.97
|
|
|
17
| Boustead |
1
|
1.23
|
1.44
|
1.38
|
1.84
|
|
|
18
| CitySpring |
3
|
1.02
|
0.65
|
0.45
|
0.51
|
|
|
19
| FE HTrust |
1
|
0.55
|
0.93
|
0.86
|
0.83
|
|
Movement in my portfolio in Oct:-
Sold:- Nil.
Bought:- Starhill Global Reit.
Dividends collected in Oct: $640.00
2014 avg dividends/month: $485.24
Boring process of building up my passive income portfolio brick-by-brick (bit-by-bit).
Next Month:
November is my winter dividend harvesting month - another month that exceed $1K in dividend incomes. Hopefully this will be the norm rather than rare occasions in the future.
| No. |
Stock Name |
Lots |
Portfolio% |
Avg Cost$ |
Breakeven$ |
Market$ |
|
1
| SGX |
4
|
19.66
|
4.95
|
3.95
|
7.23
|
|
2
| Starhub |
6
|
16.80
|
3.36
|
2.90
|
4.12
|
|
3
| SPH |
5
|
14.27
|
3.99
|
3.39
|
4.20
|
|
4
| SingTel |
2.2
|
5.66
|
3.37
|
3.10
|
3.80
|
|
5
| CapitaMall Trust |
4
|
5.19
|
1.76
|
1.32
|
1.91
|
|
6
| AIMS AMPI Reit |
5
|
4.88
|
1.47
|
1.39
|
1.435
|
|
7
| Suntec Reit |
4
|
4.79
|
1.58
|
1.26
|
1.76
|
|
|
8
| CapitaLand |
2
|
4.35
|
3.91
|
3.61
|
3.20
|
|
|
9
| SATS Ltd |
2
|
4.16
|
3.06
|
3.02
|
3.06
|
|
|
10
| CDL HTrust |
3
|
3.41
|
1.66
|
1.06
|
1.67
|
|
|
11
| Starhill Global |
6
|
3.22
|
0.71
|
0.52
|
0.79
|
|
|
12
| SIA Engg |
1
|
3.13
|
4.86
|
4.74
|
4.61
|
|
|
13
| Frasers CT |
2
|
2.56
|
1.81
|
1.75
|
1.885
|
|
|
14
| SPH Reit |
3
|
2.16
|
0.97
|
0.97
|
1.06
|
|
|
15
| HPH Trust |
3
|
1.77
|
0.90
|
0.81
|
0.70
|
|
|
16
| Sing Post |
1
|
1.22
|
0.875
|
0.63
|
1.795
|
|
|
17
| Boustead |
1
|
1.20
|
1.44
|
1.38
|
1.765
|
|
|
18
| CitySpring |
3
|
1.01
|
0.65
|
0.45
|
0.495
|
|
|
19
| FE HTrust |
1
|
0.55
|
0.93
|
0.86
|
0.815
|
|
Movement in my portfolio in Sep:-
Sold:- Nil.
Bought:- SGX, Suntec Reit, SPH Reit.
Dividends collected in Sep: $230.66
2014 avg dividends/month: $468.05
Boring process of building up my passive income portfolio brick-by-brick (bit-by-bit).
Only SGX from my holdings will be paying dividends in Oct. But this single payout will surpass my 2014 avg dividends/month amount.
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 $100K, making it impossible for further re-financing with the bank.
I am planning to pay off the remaining HDB loan by the combination of the followings:
1. Matured endowment policy
- 21-years ago when I started this endowment policy, it looked like a substantial sum of money at maturity.
However, possibly due to inflation or perception changes, it doesn't feel like a windfall now. Haha.
2. Central Provident Fund (CPF)
- I will put some of this money into good use. After all, I dutifully contribute money to this fund every month.
3. Investment-linked Policy (ILP)
-
Timing, timing, timing. At the last market crash, my ILP dropped 40-50%. Now, it is up 40+% its original value.
4. Housing loan "pay-up fund"
- I have started this fund after the last re-financing, contributing a fixed sum every month into it. As the total of 1 to 3 already sufficiently covered my loan, I will inject this fund into my war chest.
Not only that I will achieve my goal to be debt-free end 2014, I also have a bigger war chest for investment.
Related post:
Looking-ahead-to-2014-part-1-to-be-debt-free
| No. |
Stock Name |
Lots |
Portfolio% |
Avg Cost$ |
Breakeven$ |
Market$ |
|
1
| Starhub |
6
|
17.96
|
3.36
|
2.90
|
4.15
|
|
2
| SGX |
3
|
15.76
|
4.19
|
2.85
|
7.28
|
|
3
| SPH |
5
|
14.97
|
3.99
|
3.39
|
4.15
|
|
4
| SingTel |
2.2
|
6.15
|
3.37
|
3.10
|
3.89
|
|
5
| CapitaMall Trust |
4
|
5.77
|
1.76
|
1.32
|
2.00
|
|
6
| AIMS AMPI Reit |
5
|
5.28
|
1.47
|
1.42
|
1.465
|
|
7
| CapitaLand |
2
|
4.79
|
3.91
|
3.61
|
3.32
|
|
|
8
| SATS Ltd |
2
|
4.37
|
3.06
|
3.02
|
3.03
|
|
|
9
| Suntec Reit |
3
|
3.95
|
1.52
|
1.09
|
1.825
|
|
|
10
| CDL HTrust |
3
|
3.57
|
1.66
|
1.06
|
1.65
|
|
|
11
| Starhill Global |
6
|
3.53
|
0.71
|
0.52
|
0.815
|
|
|
12
| SIA Engg |
1
|
3.30
|
4.86
|
4.74
|
4.58
|
|
|
13
| Frasers CT |
2
|
2.89
|
1.81
|
1.75
|
2.00
|
|
|
14
| HPH Trust |
3
|
1.93
|
0.90
|
0.83
|
0.72
|
|
|
15
| SPH Reit |
2
|
1.54
|
0.94
|
0.92
|
1.065
|
|
|
16
| Boustead |
1
|
1.30
|
1.44
|
1.38
|
1.805
|
|
|
17
| Sing Post |
1
|
1.24
|
0.875
|
0.63
|
1.725
|
|
|
18
| CitySpring |
3
|
1.08
|
0.65
|
0.45
|
0.50
|
|
|
19
| FE HTrust |
1
|
0.61
|
0.93
|
0.87
|
0.85
|
|
Movement in my portfolio in Aug:-
Sold:- Nil.
Bought:- Starhub.
Dividends collected in Aug: $1,343.70
2014 avg dividends/month: $497.72
Bumper dividend harvest in August. August has my 2nd highest amount of dividends collected so far.
Last month I read from the Straits Times that an alternative investment, EcoHouse Brazilian residential project, has failed to make payment to investors.
I remembered that about two to three months back there was also a report from Straits Times that another alternative investment, Detroit Exit Strategy, by Infinity Treasures Pte Ltd, failed to make payment to investors.
To recap, Detroit Exit Strategy is a house flipping scheme which offered investors Fixed 15% returns in 12 months.
Natal-based
Ecohouse was founded in Britain in 2009 after the Brazilian government
launched a program to help poor families buy subsidised community houses,
whose construction is funded by private investors.
EcoHouse offered a 20% fixed rate of return for a 12-month investment contract on residential project in Brazil for a minimum investment of 23K pounds. The returns are generated when the house is resold to a Brazilian buyer at a higher price.
The key risk is that if there is no buyer, the investors are stucked with a property in Brazil.
Many EcoHouse investors claimed that they have not received their returns or their capital despite their contracts reaching maturity. EcoHouse Group has been added to the MAS investor alert list.
Link to MAS Investor Alert List
Now, the Brazilian government has clarified that EcoHouse is not connected to the residential project in the country and so effectively confirming that the EcoHouse investment is a scam.
I find both these schemes similar. Both purported providing housings in foreign countries for the poor people. The scammers scammed money from investors and told them it was for humanitarian purposes. And now sadly chance for investors getting back their money is basically nil.
The takeaway from these lessons (Sunshine Empire, Profitable Plots, Gold Guarantee, etc, etc) is to stay away from these abnormally high ROI investments.
It was a bloodshed for the recent IPO (Accordia Golf Trust) on its opening day of trading.
The unit opened at $0.87, compared to the offer
price of $0.97. It was an immediate 10.3% decline in capital for the unfortunate IPO investors. The unit went down to as low as $0.80 before recovering to $0.85 at first day close and 12.4% lower than the offer price of $0.97.
Currently, Accordia Golf Trust was at $0.825 (last Friday's close) and about 15% below its IPO offer price.
The timing for IPOs is just not right now due to uncertainties caused by Ukraine and Gaza Strip crises, Argentina default, Ebola outbreak in Africa, looming increase in interest rates, etc.
Accordia Golf Trust was only 0.7 times subscribed and because of poor investor sentiment, I expect Ireit Global highly to be the same.
One good indicator is my broker has contacted me again asking me to subscribe to Ireit Global units. And of course I declined again.
| No. |
Stock Name |
Lots |
Portfolio% |
Avg Cost$ |
Breakeven$ |
Market$ |
|
1
| Starhub |
5
|
15.73
|
3.22
|
2.72
|
4.26
|
|
2
| SGX |
3
|
15.64
|
4.19
|
2.85
|
7.06
|
|
3
| SPH |
5
|
15.33
|
3.99
|
3.39
|
4.15
|
|
4
| SingTel |
2.2
|
6.58
|
3.37
|
3.20
|
4.07
|
|
5
| CapitaMall Trust |
4
|
5.82
|
1.76
|
1.35
|
1.97
|
|
6
| AIMS AMPI Reit |
5
|
5.52
|
1.47
|
1.42
|
1.495
|
|
7
| CapitaLand |
2
|
5.10
|
3.91
|
3.61
|
3.45
|
|
|
8
| SATS Ltd |
2
|
4.45
|
3.06
|
3.10
|
3.01
|
|
|
9
| Suntec Reit |
3
|
3.97
|
1.52
|
1.11
|
1.79
|
|
|
10
| CDL HTrust |
3
|
3.88
|
1.66
|
1.11
|
1.75
|
|
|
11
| Starhill Global |
6
|
3.66
|
0.71
|
0.54
|
0.825
|
|
|
12
| SIA Engg |
1
|
3.43
|
4.86
|
4.92
|
4.65
|
|
|
13
| Frasers CT |
2
|
2.87
|
1.81
|
1.76
|
1.94
|
|
|
14
| HPH Trust |
3
|
2.05
|
0.90
|
0.83
|
0.745
|
|
|
15
| SPH Reit |
2
|
1.57
|
0.94
|
0.93
|
1.06
|
|
|
16
| Boustead |
1
|
1.36
|
1.44
|
1.43
|
1.84
|
|
|
17
| Sing Post |
1
|
1.30
|
0.875
|
0.64
|
1.76
|
|
|
18
| CitySpring |
3
|
1.11
|
0.65
|
0.46
|
0.50
|
|
|
19
| FE HTrust |
1
|
0.65
|
0.93
|
0.87
|
0.875
|
|
Movement in my portfolio in Jul:-
Sold:- Nil.
Bought:- CMT.
Dividends collected in Jul: $72.92
2014 avg dividends/month: $376.86
Poor dividend intake for July. Can't wait for August to come...
