Passive Income Update: November 2015

So yes, the Fed has finally raised interest rates after postponing for eons. And I think they achieved their ultimate aim of having their cake and eating it: Financial markets responding positively to their announcement of a rate hike.

Markets of most countries including Singapore are in a sea of green today. However, that’s not enough to cover the losses from the past couple of weeks as the stock market seems to be in a state of continuous slow bleeding. Another month gone and the portfolio inches down by another 2.5%. That few oil and commodities stocks that we own are the chief culprits.

There’s little doubt that this year’s portfolio return is going to be a little painful for my eyes.

soccer ouch world cup frustrated painful

There is no buy or sell action this month. But going forward, I do have thoughts of adding a little more of FCL retail bonds and I am hoping the next few tranches of SSBs are more attractive. And who knows, I could be buying a little more of STI ETF is the blood-letting continues.

I have to constantly remind myself that the typical bear lasts for at least a year and there is a need to conserve a little ammunition.

Be patient and steady, Mr 15HWW!

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Dividends received in November 2015: $386.40

FCL 3.65% Bonds: $386.40

Dividends received YTD: $6,971.40

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Stocks (As at 17th December 2015)

Stock Amount Price Valuation Dividend Est. Income
STI ETF 7,000 $2.920 $20,440 $0.1000 $700.00
ST Engg 4,000 $2.960 $11,840 $0.1500 $600.00
Wilmar 4,000 $2.920 $11,680 $0.0750 $300.00
Kingsmen 17,000 $0.640 $10,880 $0.0400 $680.00
OCBC 1,200 $8.730 $10,476 $0.3600 $432.00
Semb Corp 3,000 $3.040 $9,120 $0.1600 $480.00
PLife Reit 4,000 $2.270 $9,080 $0.1152 $460.80
MCT 6,000 $1.305 $7,830 $0.0800 $480.00
Boustead 9,000 $0.850 $7,650 $0.0400 $360.00
Dairy Farm 900 $8.390 $7,551 $0.3200 $288.00
Jard C&C 200 $34.500 $6,900 $1.1093 $221.86
LKH 10,000 $0.620 $6,200 $0.0300 $300.00
Genting 8,000 $0.775 $6,200 $0.0100 $80.00
M1 2,000 $2.700 $5,400 $0.1890 $378.00
MTQ 10,000 $0.480 $4,800 $0.0400 $400.00
Super Grp 4,000 $0.820 $3,280 $0.0310 $124.00
Bou Proj 2,700 $0.750 $2,025 $0.0000 $0.00
Total $141,352 $6,284.66

Others (As at 17th December 2015)

Asset Valuation Est. Income
OCBC 360 Account $60,000 $1,320
FCL 3.65% Bonds $20,601 $767
SSB (Oct 2015) $15,000 $166
Total $95,601 $2,253 

Total Valuation = $236,953

Total Est. Annual Income = $8,537.66

 

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2 thoughts on “Passive Income Update: November 2015

  1. B

    Hi 15hww

    Given your plan to diversity between ETF and bonds, would you be looking to eventually divest off counters such as MTQ, Wilmar, SCI, Genting and LKH so that you would have a more concentrated set up than what it is at the moment?

    1. My 15 HWW Post author

      Hi B,

      Yes, it is a matter of time before I divest off most of the other counters as I adopt a more “passive” strategy. But that also doesn’t mean I will sell them at any price. For many of those stocks you have mentioned, they are currently pretty near the bottom, I would say. Let’s see if they can turnaround (at least slightly) in a year’s time.