Passive Income Update: October 2015

Just when you think we are out of the woods after the remarkable recovery in October, stock markets have plunged in recent weeks. Our portfolio actually suffered a 4% drop in value, decreasing from $151,000 to $145,000. The performance of Kingsmen, a big part of our portfolio, was the main culprit as the stock declined by almost 10% just the past month alone.

As for other assets, we actually subscribed to $10,000 worth of November’s SSBs, which proved to be an inspired move with December’s launch. 2.78% vs 2.44%! A big drop in yields within a month! To me, that’s a REALLY big difference and therefore, it’s not surprising to know that we are giving Dec’s bonds a pass.

If the recent launches were considered lukewarm, I really don’t know what is to be expected for this latest launch.

And just to prepare you in advance, posting frequency will reduce slightly over the next few weeks. All because I am currently busy with two big projects that involve this blog:

  1. An overall makeover of this site
  2. Launch of a free e-book

These are part of my efforts to value-add to you, the reader. I am also utilising the pre-commitment device by informing you that the above would be completed before next month’s portfolio update.

So, do stay tuned for the upcoming exciting changes!

**********

Dividends received in October 2015: $134

Dairy Farm: $83

Jardine C&C: $51

Dividends received YTD: $6,585

**********

Stocks (As at 16th November 2015)

Stock Amount Price Valuation Dividend Est. Income
STI ETF 7,000 $2.970 $20,790 $0.1000 $700.00
Kingsmen 17,000 $0.710 $12,070 $0.0400 $680.00
Wilmar 4,000 $2.980 $11,920 $0.0750 $300.00
ST Engg 4,000 $2.940 $11,760 $0.1500 $600.00
OCBC 1,200 $8.920 $10,704 $0.3600 $432.00
Semb Corp 3,000 $3.370 $10,110 $0.1600 $480.00
PLife Reit 4,000 $2.300 $9,200 $0.1152 $460.80
Boustead 9,000 $0.855 $7,695 $0.0400 $360.00
MCT 6,000 $1.280 $7,680 $0.0800 $480.00
Dairy Farm 900 $8.500 $7,650 $0.3200 $288.00
Jard C&C 200 $32.380 $6,476 $1.1093 $221.86
LKH 10,000 $0.605 $6,050 $0.0300 $300.00
Genting 8,000 $0.755 $6,040 $0.0100 $80.00
MTQ 10,000 $0.560 $5,600 $0.0400 $400.00
M1 2,000 $2.780 $5,560 $0.1890 $378.00
Super Grp 4,000 $0.865 $3,460 $0.0310 $124.00
Bou Proj 2,700 $0.795 $2,147 $0.0000 $0.00
Total $144,912   $6,284.66

Others (As at 16th November 2015)

Asset Valuation Est. Income
OCBC 360 Account $60,000 $1,320
FCL 3.65% Bonds $21,147 $767
SSB (Oct 2015) $15,000 $166
Total $96,147 $2,253 

Total Valuation = $241,059

Total Est. Annual Income = $8,501.66

 

Share the article if you enjoyed it!

    15 thoughts on “Passive Income Update: October 2015

      1. My 15 HWW Post author

        Hi Dividend Knight,

        There’s little doubt that Kingsmen’s fortunes is tied quite closely to the economic climate and of course, the luxury retail and leisure biz. It could take a while before the external environment improves. Sit tight!

    1. yeh

      hi
      my portfolio down about close to 15%..no eyes see.

      hope the next few year market turn better+ dividend then i able to recoup my losses.

      1. My 15 HWW Post author

        Hi yeh,

        Such drops in value is inevitable. On the earnings front, we already can see many companies suffering. The question is really how prolonged this situation is.

    2. Kevin

      I actually kind of like the current layout – nice and clean, heh. But hey, the only thing that is constant is change! What is the eBook gonna be about?

      1. My 15 HWW Post author

        Hi Kevin,

        Nice seeing you on Sat! Too bad didn’t manage to have a proper conversation with you, AGAIN!

        Regarding the layout, I have a strong inclination to experiment, especially after paying a couple of hundreds on a software to build another website for my freelancing work. =p

        As for the e-book, it’s related to a question I recently asked you about!

        1. Kevin

          Ah yes, once again somehow we didn’t get to chat much although I got to talk to a few new faces. Another day I guess! Oooh. A few hundreds is rather steep! Looking forward to the “version update”!

    3. KP

      Hi 15hww,

      am a new visitor to your blog and wanted to say I’m looking forward to your ebook and the make-over. You’ve got very interesting insights and I’ve picked up a few tips from here.

      Thanks for sharing!

      KP

      1. My 15 HWW Post author

        Hi KP,

        Thank for you kind words. I am happy you managed to glean something useful from my humble blog!

        Although I haven’t been working on it for the past few days, the e-book should still be ready by the end of the year!

    4. WW

      Hi,

      May I ask.. the amount in the above table means the initial capital you have invested in the particular stock?

          1. My 15 HWW Post author

            Hi WW,

            We started off with quite small capital. About $20,000. But slowly, the savings started building up. It’s really about starting and then see where the road leads you.