Portfolio Update 29 March 2018

Earlier in March, US president announced that US will impose additional tax on goods from China and some other countries. China's retaliated with with additional tax on US import, should US goes ahead with the planned action. A trade war between the two economic Giants is looming. So when two elephants fight, the ants suffer. Global stock market, led by US stock market sent the signal of discomfort- drops!

STI lost 89.97 points in the month of March, or 2.56%. My portfolio suffers losses too but to a lesser extend. Its value dropped 1.59% in the same month, without taking the dividend received into account. No trade was done in March.

Total passive income received in March was S$6,482, half from shares and half from UT.  This month, my dividend income (passive income) hits an important milestone. I have started recording my dividend income from 2004. With the dividend declared (some will be paid only in May and June this year), the total dividend income recorded will hit the magical 1 million mark!. Without taking the capital gain into consideration, this means that I have made a million dollars from investment! Of course I most of this dividend has been re-invested to grow the portfolio size.

Below is my top 30 holdings as at 29 March 2018.

1.         ComfortDelGro

2.         M1

3.         DBS

4.         OCBC Bank

5.         SPH

6.         Ausnet Services

7.         Metro

8.         CapitaComm Tr

9.         ST Engineering

10.     Kep Inf Tr fKa CIT

11.     Frasers Comm Tr

12.     Keppel Corp

13.     Sembcorp Ind

14.     SGX

15.     SATS

16.     CapitaLand

17.     AIMSAMP Cap Reit

18.     SingTel

19.     Sing Inv & Fin

20.     Global Inv

21.     Tai Sin Electric

22.     Cache Log Trust

23.     Lippo Malls Tr

24.     Mapletree Log Tr

25.     Ascendas Reit

26.     United Engineers

27.     Nam Lee Metal

28.     Nikko AM STI ETF 100

29.     Starhub

30.     OUE

Portfolio Update 28 February 2018

Global equity market experienced a correction at the beginning of February. Market corrected about 10% before the indices recovered. Local market was not spared. Some counters, including REIT's dropped more than 10% and presented "good buying opportunities", so said some analysts.

Market recovered some lost ground later in the month. As at month end, STI dropped 3.71%, or 131 point from end January. This effectively wiped out all the gain in January. My stock portfolio dropped even more. Its value drop 5% in the month. The apparent poor performance was due to the conversion of comfortdelgro shares from the FCN (fixed coupon notes, a structure product). I received comfortdelgro shares at a price higher than the current market price, and it was booked in to February account. (This was my last FCN. NO MORE structure product!)

I bought some SingTel shares in February. I also received some shares from ESR REIT, Keppel REIT and First REIT through scrip dividend scheme. The net cashflow into the stock portfolio in February was S$113,471.36.

Total dividend received in February was S$17,550, therein about 40% from shares, 30% from Bond and 30% from UT.

Below are my top 30 holdings as at 28 February. ComfortDelgro now is my biggest holding.

1.         ComfortDelGro

2.         M1

3.         DBS

4.         OCBC Bank

5.         SPH

6.         Ausnet Services

7.         Metro

8.         Kep Inf Tr fKa CIT

9.         CapitaComm Tr

10.     ST Engineering

11.     Frasers Comm Tr

12.     Keppel Corp

13.     Sembcorp Ind

14.     SGX

15.     SATS

16.     CapitaLand

17.     AIMSAMP Cap Reit

18.     SingTel

19.     Sing Inv & Fin

20.     Global Inv

21.     Tai Sin Electric

22.     Lippo Malls Tr

23.     Cache Log Trust

24.     YZJ Shipbldg SGD

25.     Mapletree Log Tr

26.     Starhub

27.     Ascendas Reit

28.     Nam Lee Metal

29.     Nikko AM STI ETF 100

30.     OUE

Portfolio Update 31 January 2018

Global stock market started well this year, with DJI hitting new high several times. STI moved up also in the beginning, but appeared to have lost steam in the last week of the month. At the end of the month January, STI moved up 131.07 points, or 3.85% compared with last month.

My portfolio moved up also, but in a slower pave. Compared with last month, its value rose only 3.54%. Nevertheless, this is still a very good start in the new year.

There was no trade done in this month. As the index moved beyond 3,500 (it touched 3,600 this month but did not stay there), I am slowing down the investment in shares.

Total dividend collected in January was S$13,260. Most of the dividend this month came from bond and UT investment, as not many share counters payout dividend in January.

Below are my top 30 holdings as at 31 January 2018.

1.         M1

2.         DBS

3.         OCBC Bank

4.         SPH

5.         ComfortDelGro

6.         Ausnet Services

7.         Metro

8.         CapitaComm Tr

9.         Kep Inf Tr fKa CIT

10.     ST Engineering

11.     Frasers Comm Tr

12.     Keppel Corp

13.     SGX

14.     Sembcorp Ind

15.     SATS

16.     CapitaLand

17.     AIMSAMP Cap Reit

18.     Starhub

19.     Sing Inv & Fin

20.     Mapletree Log Tr

21.     Lippo Malls Tr

22.     Global Inv

23.     Tai Sin Electric

24.     OUE

25.     Cache Log Trust

26.     YZJ Shipbldg SGD

27.     Lian Beng

28.     Nam Lee Metal

29.     Ascendas Reit

30.     United Engineers