Sunday 9 August 2015

Portfolio Update [10 Aug 2015]



Total Dividends (2015): $1417.30
Average Monthly Dividends: $118.10

I will be receiving total dividend of $417.80 in August from:

  • Keppel Corp: $132
  • M1: $210
  • Semb Corp: $50
  • Starhill Global: $25.80
New Addition:
  • Accordia Golf Trust




In addition, I've finally decided to stop my endowment plan after some thoughts. I received $11k and forfeited $8k of my savings due to penalty of early termination. Nothing to regret about, As I have better plans using these fund to do something else.

At least now I don't have to "pay" $500 per month for the next 10 years or so.

4 comments:

  1. Hi Jfree

    Good to see you buying on Accordia as well :D

    Regarding the insurance, is that more of endowment or do they have any life protection to it? Just curious :D

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    Replies
    1. Hi Idol!!

      The endowment plan is more of a long term money saving plan with minimal to no life protection to it, i don't see a point saving 15 years for that little guaranteed and non guaranteed interest rate. I can say that is not a proper life insurance. you could read more on prudential website, google 'pru flexi cash'.

      Regards

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  2. Congrats on dumping the 'endowment'! Haha even though I forfeited some cash when I did the same a while back, the freedom of dropping a recurring expense is refreshing :) I'm sure you'll make back your amount forfeited and a lot more by the time your former savings plan vests. All the best!

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    Replies
    1. Hi Halcyon!

      I'm definitely being able to have a breather now with that recurring 'savings' off my shoulders. Congrats to u too! I'm sure that your expenses from the endowment is used to buy better assets, more freely as there's more options in this world.

      Cheers!

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