My Sweet Retirement Mid Year Checkpoint 2017

Goals

 

Time flies and it is time for Mid year review again on the goals that I have set for the year 2017.

1. Achieve 15K of Passive Income

I think I am over optimistic on this. Last year, I received a total of S$10,132.04 of dividend income for the year of 2016. I have since divested M1, Sheng Siong, Cambridge Industrial Trust, NeraTel and Far East Hospitality Trust and only bought Capitaland Mall Trust in 2017.

Recently, I bought Tai Sin Electric but added to my wife’s stock portfolio instead thus I shall not count it as part of my dividend income.

Sell Transactions

Goodbye M1

Goodbye Cambridge Industrial Trust

NeraTel – An Abandoned Child

Far East Hospitality Trust Undervalued or Value Trap?

Buy Transactions

My Personal Analysis of Capitaland Mall Trust Read More

Summary of May 2017 Transactions

After monitoring Tai Sin Electric for almost a month, I decide to make a buy transaction. I did not add it to my stock portfolio but instead I added it to my spouse’s stock portfolio. She has now 5 stocks in her stock portfolio!

If you read my post on Looking at Tai Sin Electric Limited Market Depth, there is good support at S$0.425. Buying and selling is very similar to supply and demand. There is quite a high volume asking for S$0.46 and a lot of bid volume at S$0.42 and S$0.425.

Based on My Personal Analysis of Tai Sin Electric Limited, this will give a dividend yield return of more than 5% for my spouse.

The risk here is the slowing down of construction and infrastructure projects in Singapore. Outweighing the growth potential versus the investment risks, that is how I came to the decision to add this stock to my spouse’s stock portfolio. The management has proven to be able to ride through difficult times and I shall monitor if they are able to ride through the current storm and continue to growth Tai Sin Electric Limited and return more value to its shareholders.