Make Munny Grow Munny
Sunday 11 September 2016
Recent Update
Hi everyone its been a long time, some updates since my 26 Apr post.
Aquisitions:
13 May - Added Kingsmen Creative 2500 shares @ $0.63 = $1602.43
22 Jun - Added FCT 1000 shares @ $1.96 = $1987.58
Dividends Received:
May
6 - Keppel Corp $242.00
30 - Starhill Global $25.20
31 - Kingsmen Creative $364.00
31 - FCT $75.98
Total: $707.18
June
17 - Ascendas HT $275.00
Total $275.00
August
4 - M1 Limited $210.00
10 - Keppel Corp $88.00
29 - Starhill Global $25.80
29 - FCT $106.41
31 - Sembcorp Ind $40.04
Total: $471.25
I have a warchest of $15,000 now hoping to inject into a good stock. Will continue observing, good luck to everyone! :D
Jeff
Tuesday 26 April 2016
Updates After Long Time
Did you know: Snake Plants is a air purifying plant that produce oxygen even at night?
Hi all, i believe my blog had been inactive for awhile but i'm still actively reading updates from fellow bloggers here almost daily.
I've been busy at work and my focus now is to clear my IPPT guards gold, I'm still stuck at 2,4km although i've been training very hard for it. I have maxed out my Push up and Sit up at 56reps for both but still stuck to hit <10:50 2.4km timing, recent best was 11:09. I am smelling it soon. I believe with continuous effort, the goal will finally be paid off within the next few months. It's hard to believe how drastic a person fitness level can drop after slacking for awhile!!
I'm looking to attend more self upgrading course from NIE to build up my knowledge.. One of the very exciting course ill be attending in May is the 5 days Berhasa Melayu language package course. hope to learn more, in this 4th generation knowledge is power.
OKAY! to the interesting part!
Investment Updates (since last post):
14 Dec - Added 5000 shares of Kingmens Creative @$0.595
18 Jan - Added 1000 shares of Aimsamp @$1.29
1 Mar - Sold 9000 shares of Aimsamp @$1.325 for investment other than stocks
26 Apr - Added 2500 of FCT @$1.995 (entitled the dividends payout in May)
Dividends Received:
27 Nov - Starhill Global $26.20
4 Dec - Ascendas HT $226.00
23 Feb - Aimsamp $399.00
29 Feb - Starhill Global $26.40
21 Apr - M1 $249.00
Overall, holdings are mainly still in a sea of red.
Ways ahead -> will start being a minimalist by selling away my unused items as i realised i'm having a lot of things that is under ultilised. These sales proceeds will be injected as war funds for the battle for financial freedom.
Signing off,
Jeff
Saturday 7 November 2015
7 November 2015 Portfolio Update
October is not a good month for me as there are a sea of red inside my portfolio. I am actually still facing a paper loss of $9,000 at the point of time this post is written. Losses mainly comes from the IHC after the correction from $0.295 to $0.091 on last traded.
I felt that money had become smaller in my eyes, perhaps I am numb or I had became more matured I don't really know. There's a thing that I didn't realised earlier...
I ACTUALLY HIT MY FIRST $100K IN OCTOBER! goal checked!
on 16 November, I will be taking my Class 2A TP test, wish me luck!!
Recent Actions since last Update:
29 Sep - Bought 150,000 shares of IHC at $0.085
21 Oct - Sold all 70,000 shares of Nam Lee Metal at $0.295
23 Oct - Bought 10,700 shares Kingsmen Creative at $0.785
3 Nov - Acquired 3,100 Rights Issue from Croesus Retail Trust at $0.61
3 Nov - Bought 5,000 Shares of Aims Amp Capital at $1.40 (not sure whether I managed to get the dividends or not)
6 Nov - Sold all 13,100 shares Croesus Retail Trust at $0.825
6 Nov - Queued for 7,000 shares of Aims Amp Capital at $1.35
Till next post!
I felt that money had become smaller in my eyes, perhaps I am numb or I had became more matured I don't really know. There's a thing that I didn't realised earlier...
I ACTUALLY HIT MY FIRST $100K IN OCTOBER! goal checked!
on 16 November, I will be taking my Class 2A TP test, wish me luck!!
Recent Actions since last Update:
29 Sep - Bought 150,000 shares of IHC at $0.085
21 Oct - Sold all 70,000 shares of Nam Lee Metal at $0.295
23 Oct - Bought 10,700 shares Kingsmen Creative at $0.785
3 Nov - Acquired 3,100 Rights Issue from Croesus Retail Trust at $0.61
3 Nov - Bought 5,000 Shares of Aims Amp Capital at $1.40 (not sure whether I managed to get the dividends or not)
6 Nov - Sold all 13,100 shares Croesus Retail Trust at $0.825
6 Nov - Queued for 7,000 shares of Aims Amp Capital at $1.35
Till next post!
Tuesday 15 September 2015
I Was Literally Broke
Luckily I have my friend borrowed me some cash for me to storm over that 2 weeks. It's kind of interesting to have put myself into such deep shit this time though.
Reasons why I was poor:
1) Gungho investing (I used 60% of my salary for investment)
2) I went to restaurant several times during last month
3) Borrowed some money to my friends.
Today, I went to Standard Chartered Bank to open a e-Savers account so that I could apply for the online trading via the bank, I had enough and now I am quite sick and tired of the $25 minimum trading fee. So, that made me decided to leave it running on its own free wheeling from now onwards.
During these period while everything is dropping, I would be adopting the 'Drop More Buy More' strategy. Looking at it I would be splashing in a huge percentile of my income into the pit. No emergency funds, no mercy.
I think that this way is the best way I can quickly grow my wealth so as to get out of the rat race fast. I am aiming for $100k portfolio by this year end. Currently my portfolio is worth $91,195 I have another $8k to contribute to my retirement stocks account. I am quite happy to see that I am actually in the fast track ahead of my projections since my first post in this blog which is shown below.
What about you? Are you as reckless as me?
My 5 Year Target Projection
Year | Initial Capital | Annual Dividends (6%) | Annual Injection | Cumulative Injection | Total | Monthly Passive Income | ||
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
|
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.
Thursday 2 July 2015
Portfolio Update caa 02 Jul 15
Dear All!
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!
Wednesday 15 April 2015
Diversify! (load the bugger!)
Actions Done!
Sold
1) Aims Amp Capital Industrial REIT 10000 shares at $1.50
2) Cache Logistics Trust 5000 shares at $1.19
3) Frasers Centerpoint Trust 4000 shares at $2.07
Additional cash loaded for Stock Crash War = $29230 (not inclusive of broker fees)
Still Pending
1) Croesus Retail Trust 10000 shares at $0.96
Seeing the stocks is skyrocketing so high, i must not be greedy anymore and be contented with what i already gained. now i am fearful when so much ppl are greedy.
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