It's been a long time since I blogged, even some had already questioned me what I am doing. In my last post, I was sharing about holding back in the markets while waiting for the right time to strike. However, the temptations still beats my will power. Although I didn't post during this period, I still read on most of the new posts under my blog list to get inspirations.
Below are all transactions that I've made during May and Jun period:
New Entries
5/5 Nam Lee Metal 70000 shares at $0.290 ($20,300)
8/5 M1 Limited 3000 shares at $3.50 ($10,500)
5/6 IHC 38000 shares at $0.290 ($11,020)
Total Injection: $41,820
Total Accumulated Dividends for 2015: $1417.30
Honestly for Nam Lee Metal, I followed B's purchase after reading his analysis which can be found here. M1 shares on Dividend Warrior's post here. And lastly for IHC, some insider's news.
My 5 Year Target Projection
Year | Initial Capital | Annual Dividends (6%) | Annual Injection | Cumulative Injection | Total | Monthly Passive Income | ||
2015 | $60,000.00 | $3,600.00 | $15,000.00 | $18,600.00 | $78,600.00 | $300.00 | ||
2016 | $78,600.00 | $4,716.00 | $15,000.00 | $19,716.00 | $98,316.00 | $393.00 | ||
2017 | $98,316.00 | $5,898.96 | $15,000.00 | $20,898.96 | $119,214.96 | $491.58 | ||
2018 | $119,214.96 | $7,152.90 | $15,000.00 | $22,152.90 | $141,367.86 | $596.07 | ||
2019 | $141,367.86 | $8,482.07 | $15,000.00 | $23,482.07 | $164,849.93 | $706.84 | ||
With the poor performance of STI of last few weeks my Stock worth is $73,693 as at today, I am pretty satisfied that I am already hitting my projection for 2015 under the weaken market. I am looking to surpass my projection with a kick start in 2015.
Brvoom, till next post!