Thursday, October 23, 2014

Final Thoughts......

Over the past few days, I have received heart-warming comments and messages from many of my loyal readers. I took a long time to craft this post for my supportive readers and I sincerely hope it clears things up before I leave the financial blogging scene.

When I first started blogging in 2010, I was full of zest and energy. I looked forward to sharing my portfolio update every month because it shows I have made progress. I dream of the day my monthly dividend income crosses the $1k mark. Many readers cheered me on and encouraged me. I was super motivated to build a dividend portfolio from scratch. The process of accumulating shares of solid businesses was a huge joy for me. Watching my dividend income grow steadily year after year really drove me forward.

Sadly, ever since my monthly dividend income passed the $1k mark, I am starting to lose motivation in blogging because I have already achieved my objective. My monthly dividend income will reach $1.3k this year. My daily expenses are fully paid for by the dividends I collected.

Recently, I was starting to force myself to blog. The experience was not pleasant and enjoyable anymore. I was even numb to market volatility and short-term price swings. I just buy on dips and collect dividends because it works for me. Unfortunately, some readers require justifications and reasons from me when I add a certain stock to my portfolio. Worse still, when the price drops further, they also question my decision. Even Warren Buffett does not explain in detail to the entire world why he added certain stocks and he deals in the millions! And when these readers do not get a respond from me, they accuse me of being an 'empty vessel' and that I lack 'the mettle'. C'mon guys...I have a life outside of blogging. This is only my hobby. One of the readers was particularly hostile and I had to delete his vulgar comments.

So, I decided. Enough is enough. I do not need this kind of scrutiny and demands. I also deserve a really long break.




All good things must come to an end,
Dividend Warrior

Thursday, October 9, 2014

DW October 2014 Singapore Dividend Portfolio Update


No.
Stock
Lots
% of Portfolio
1
AIMS AMP REIT
30
16.5%
2
Starhub
10
11.1%
3
Singtel
7
9.4%
4
SPH
5
8.4%
5
Frasers Centrepoint Trust
10
7.6%
6
M1
7
7.5%
7
SATS
4
5.6%
8
Capitamall Trust
7
5.2%
9
CACHE Logistics Trust
10
4.9%
10
Mapletree Logistics Trust
10
4.7%
11
PLife REIT
4
3.6%
12
Suntec REIT
6
3.4%
13
First REIT
10
3.3%
14
Mapletree Greater China Commercial Trust
7
2.6%
15
SembCorp Industries
1
2.1%
16
ST Engineering
1
1.6%
17
Mapletree Industrial Trust
2
1.2%
18
Sheng Siong
5
1.1%
19
Neratel
3
0.72%

Total dividends collected (2014)
S$11,233.20
Total Invested Capital
S$231,000
Projected Annual Yield (2014)
6%
 
Average Monthly Dividends (2014)
S$936
Available funds for investment
 
S$7,000
Unrealized Paper Gain (S$)
 
S$50,892
 



For the month of October, I did not receive any dividends or cash distributions. October is usually a lean month for me. On the bright side, the market correction that I have been waiting for is finally here!

The world is being chaotic as usual. The Ebola virus, ISIS beheading westerners, Ukraine crisis and the latest Hong Kong 'umbrella' demonstrations. I took advantage of a recent dip in the market to add Sheng Siong and SembCorp Industries to my portfolio. These two companies have a strong cash position. Even though they do not offer high dividend yields, it is fine for me. I am already enjoying high dividend yields from my REITs and Telcos. Therefore, Sheng Siong and SembCorp Industries serve to strengthen the 'foundations' of my portfolio. No matter what happens to the world, people still need to buy groceries and use electricity. Rubbish still needs to be cleared (especially in a reputed 'Garden City' like Singapore). Waste water still needs to be filtered. These are the basic necessities of daily life, at least in Singapore.



Strengthening Foundations
Dividend Warrior

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