Passive Income Update: June 15

For much of this month, it appeared that the sky was falling. At least, that was what many predicted for the local stock market after Greece unanimously voted “No” to the Troika’s “somewhat absurd demands” (you probably know where I stand on this issue after this line) for more aid and the China & HK stock market totally crumbled (after an unsustainable rise).

Again, just like late last year, it seemed a matter of time before the local STI dives below the 3,000 level mark. Many who have been on the sidelines for the best part of 5 years were baying for blood, hoping for a market crash. But alas, it didn’t come and at least for now, the whole saga appears to be a huge anti-climax for them.

Knowing how bad a market-timer I am, I can’t do a binary “All-In” or “All-Out”. Instead, I rely on an assigned asset allocation strategy to somewhat time my stock purchases. Therefore, as the market dipped a few weeks back, I proceeded to purchase 200 shares of Jardine C&C @33.13. And just to prove my earlier point, I was way too early to the scene as the somewhat illogical (at least to me) dive in share price continued for the next week after my buy. *Aarrrrgh*

It was painful to stare at a $600 (10%) loss within a week but that’s my life in the market. Oh well. 🙄

Anyway, it’s interesting to note that even though I ain’t exactly an income investor, my dividends received have exceeded $4K for the first half a year. That’s one month of expenses covered!

Well on the way to semi-retirement, huh?  😆

 

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Dividends received in June 15: $716

LKH: $500

OCBC: $216

 

Dividends received YTD: $4,405.40

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Stocks (As at 17th July 2015)

Stock Share Amt Share Price Valuation Dividend Est. Income
Vicom 4,000 $6.200 $24,800 $0.2250 $900.00
Kingsmen 17,000 $0.990 $16,830 $0.0400 $680.00
Spindex 24,000 $0.630 $15,120 $0.0220 $528.00
ST Engg 4,000 $3.400 $13,600 $0.1500 $600.00
Wilmar 4,000 $3.300 $13,200 $0.0750 $300.00
OCBC 1,200 $10.330 $12,396 $0.3600 $432.00
Semb Corp 3,000 $3.890 $11,670 $0.1600 $480.00
First Reit 8,000 $1.420 $11,360 $0.0752 $601.60
Boustead 9,000 $1.240 $11,160 $0.0700 $630.00
Dairy Farm 900 $11.940 $10,746 $0.3100 $279.00
PLife Reit 4,000 $2.350 $9,400 $0.1152 $460.80
SGX 1,000 $8.350 $8,350 $0.2800 $280.00
MTQ 10,000 $0.725 $7,250 $0.0440 $440.00
Genting 8,000 $0.905 $7,240 $0.0100 $80.00
LKH 10,000 $0.665 $6,650 $0.0300 $300.00
M1 2,000 $3.260 $6,520 $0.1890 $378.00
Jard C&C 200 $31.730 $6,346 $1.1093 $221.86
Super Grp 4,000 $1.060 $4,240 $0.0310 $124.00
Bou Proj 2,700 $0.880 $2,376 $0.0000 $0.00
Total $199,254 $7,715.26

Others (As at 17th July 2015)

Asset Valuation Est. Income
OCBC 360 Account A $20,000 $200
OCBC 360 Account B $60,000 $1,020
FCL 3.65% Bonds $21,084 $766.50
Total $101,084 $1,986.50

Total Valuation = $300,338

Total Est. Annual Income = $9,701.76

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2 thoughts on “Passive Income Update: June 15

  1. Frugal Daddy

    Hi 15hrww

    Congrats that your dividends are growing. Luckily, I am not all-in and all-out. I am 90% in or 90% out. haha.

    I belong to the “disappointed that the market didn’t crush” group. However, I am not going to sit there and predict the market sentiments. It is actually good that it has buy me some time to sort out my fundamentals. I will enjoy my life and do what is necessary to grow my money and my mind.

    Great portfolio, great inspiration. 🙂

    1. My 15 HWW Post author

      Hi Frugal Daddy,

      They are indeed growing but much more slowly over the past year, as the Mrs and I have each taken an extended work break.

      I will probably write a post explaining why I wish there will be no big crash in the local market. Anyway, I think your learning curve has been steep and useful, with many “experts and qianbeis” giving you help and advice. All the best with your asset allocation!