Dividend Q4 2015

Hi all,

This will be a short post as today is my birthday and I have been busy driving my in laws around. Basically this post is to force me to keep track of my dividend received. As I have trust such as Ascendas and Accordia which pay every 6 months, this quarter dividend will be higher than other quarter. Please see below result.

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Total dividend I will be receiving for this quarter is S$1,094.62. Thanks for reading and hope everyone has a great weekend too.

 

Blog name inspiration – If I had a million dollars

Hi,

I would just like to share the inspiration for my blog name. I draw my inspiration from the hokkien song 一百万 which means If I had a million dollars. Singapore is a great place to stay in but everything great comes at a great cost too. To enjoy a carefree life, basic needs such as housing and healthcare have to be taken care of. I hope to generate sufficient passive income (rental/dividend) income to cover them. This frees me to take on less stressful/lesser hour job which are likely to be less well paid in order to find the balance in life. Frequently, I have seen extremely hardworking people who worked so hard to the detriment of their health or people who enjoys the moment that they don’t plan for their future. Dalai Lama has this to say and it resonate deeply with me.

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We are human being, therefore we need to take a rest every once in a while. However money being an object does not need to rest, we must put it to work harder. The harder money works, the more relax we will be. When we are young, we need to work hard to accumulate enough money capital to make them work harder for us so we can work less. Hope everyone enjoys the song as much as I do.

 https://www.youtube.com/watch?v=HtkL5Ldpk-g

Nov 2015 – Portfolio update

Hi guys,

This is my first time blogging. I came into the game late as I only started buying my first share in 2014 at the age of 30. But like what people alway say, it’s better to be late than never. I intend to use this blog to document my learning process and to sort out my thoughts. I hope to derive 30k passive income annually. If I am able to achieve a 5% return, I would need a portfolio size of S$600k. Hopefully with the market going into tantrum, I will be able to achieve a better return than 5% thus accelerating the process.

Thank you for reading and hope to learn from other like minded investors soon.

No Name No of Shares Closing Price Value %
1 First Reit  10,000            1.17       11,650 20%
2 Singtel    2,800            3.79       10,612 18%
3 Accordia Golf Trust  16,000            0.59        9,360 16%
4 ST Engineering    1,800            2.94        5,292 9%
5 OCBC       500            8.87        4,435 8%
6 Ascendas Reit    1,800            2.20        3,960 7%
7 Lum Chang  10,000            0.37        3,700 6%
8 Dutech  13,500            0.28        3,780 6%
9 Vicom       500            6.10        3,050 5%
10 Aims AMP Industrial Reit    2,000            1.33        2,660 5%
Total Portfolio Value  58,499.00