Summary of April 2019 Transactions

My stock portfolio remained unchanged for the month of April as I did not make any buy or sell transactions this month other than the regular purchase of setting aside a portion of my monthly salary to purchase Singapore Savings Bonds. It seems to have become a habit and Singapore Savings Bonds currently make up 18% of my stock portfolio.

My expenses went up this month due to renewal of car insurance, road tax, car servicing and changing of my car tires. Despite spending so much this month, I am glad my finances are doing well due to good saving habits.

This month, I have added SPH Reit to my wife’s stock portfolio. SPH Reit now makes up 9% of her stock portfolio. Now, she has one new Reit to pay her quarterly dividends.

I have done a screening and there are not many Reits that offers above 5% dividend yield at the moment as the recent bull run seems to drive most stock prices up. Since she is piling too much cash in the bank right now, I decided to invest little bit of her cash into SPH Reit for the higher yield.

You can read more about my personal analysis of SPH Reit below.

My Personal Analysis of SPH REIT

Reviewing My Personal Analysis of SPH REIT

Last but not least, I will just like to say how wonderful it is to both of us, as we now enjoy regular payout of dividends which can help us in terms of expenses ranging from household, children and personal spending.

This is the power of dividend investing!

Summary of March 2019 Transactions

Earlier this month, I have made the switch to open electricity retailer which is Sembcorp. This should slash off several dollars from my electricity bill over the next few months.

As usual, I have made no buy or sell transactions this month. My holdings in terms of percentage of Singapore Savings Bonds crept up from 17% to 18% of my stock portfolio. I have been consistently purchasing Singapore Savings Bonds every month as I felt there are several benefits of doing so right now. This month, I thought of dumping a portion of my cash into CIMB fixed deposits but realize Singapore Savings Bonds offers almost the same yield. You can read more of the comparison here (Read more: CIMB Fixed Deposit Promotion Makes Your Money Work, Not You! ).

Next month, if Singapore Savings Bonds still offers the same yield, I will allocate a larger portion of cash to purchase more of Singapore Savings Bonds since it does not make sense for 44% of my cash sitting in the bank right now, earning a petite interest.

If you have followed my blog, I have been eyeing on SPH REIT. The market seems bullish this month and most share price of REITs went up slightly including those in my stock portfolio. Based on a distribution of 5.54 cents in FY2018 and the price of S$1.03 (as of 22 Feb 2019), this translates to a dividend yield of 5.38%. The share price of SPH REIT now stood at S$1.05 and is deemed unattractive to me since dividend yield is lower.

That is all the updates I have for March!

 

Summary of February 2019 Transactions

This is a short month and here we are at the end of the month again to summarize my stock portfolio again. Earlier this month, I was pretty busy with Chinese New Year activities such as spring cleaning and visiting friends and relatives. I did not make any buy or sell transaction this month. I have strictly followed my routine of purchasing the Singapore Savings Bonds. Other than using cash to purchase Singapore Savings Bonds, I have used my Supplementary Retirement Scheme funds to purchase as well since the Singapore Savings Bonds offer higher interest rate.

I shall be receiving the dividends payout from OUE Hospitality Trust, ParkwayLife REIT, CapitaMall Trust, Mapletree Commercial Trust on the 28th of February. This is additional “red packet” for me.

I have done an analysis of SPH REIT (Reviewing My Personal Analysis of SPH REIT) which I shall be monitoring closely. I am currently accumulating cash and shall enter into a position if the price is right. If you have noticed, most stock prices of REITs have gone up and this results in a lower dividend yield at the current price.

That is all my updates for February!