30 June 2011

I could not update my blog earlier, as I was too busy with other stuff.

We have just crossed the halfway point of 2011. The good start to 2011 was unfortunately not sustained, so my portfolio did not advance as it looked set to do at the beginning of the year. I am not to bothered though, as my focus has shifted to creating passive income from the portfolio. The total dividend received in the first six months rose 38% compared to the same period last year, which is well on target. Baring unforeseen circumstances, I should reach my dividend target this year.

June was a quiet month. STI drop 1.25% for the month in quiet trading, as investors worried about the Eurozone debt crisis. towards the end of the month there seemed to be silver lining in the horizon so market rallied.

My portfolio value dropped with STI, even a tad more than it (1.36%). I bought some HTL shares and participated in script dividend scheme from OCBC. I tried to Q for some other counters but was not successful. I received S$7,300 in dividend this month. Below are the top 30 holdings.

1. SPH
2. OCBC Bk
3. Semb Corp
4. DBS
5. ComfortDelGro
6. SP AusNet
7. ST Engineering
8. F & N
9. SIA
10. Starhub
11. SembMar
12. Kep Corp
13. MetroHldg
14. CoscoCorp
15. SGX
16. FraserComm
17. CitySpring
18. Noble Group
19. DBS STI ETF 100
20. SATS
21. MacqIntInfra
22. CapitaLand
23. CapitaComm
24. MapletreeLog
25. FrasersCT
26. Yangzijiang
27. AscottReit
28. KS Energy
29. CWT
30. SingTel