There was no transaction done for the month of June 2010. However I have reflected K-Green Trust into my portfolio which I got the shares in-lieu of dividends from Keppel Corp.
I received total dividends of $131.75 on that month.
| Month | Holding Period Return | Annualized Return |
| Jan-10 | -1.75% | 7.67% |
| Feb-10 | 1.36% | |
| Mar-10 | 2.98% | |
| Apr-10 | 4.36% | |
| May-10 | -7.12% | |
| Jun-10 | 4.38% |
| Stock | Mode | Unrealised P/L(SGD) | Stock | Mode | Unrealised P/L (SGD) |
| ARA | CASH | 33.33% | MACQ INT INFRA | CASH | -47.79% |
| ARMSTRONG | CASH | 252.00% | NEPTUNE ORIENT LINES | CASH | 51.86% |
| ASIATRAVEL | CASH | -7.33% | MERMAID | CASH | -32.01% |
| CAPITACOMM | CASH | 38.17% | NOBLE GROUP | CASH | 6.21% |
| CAPITALAND | CASH | 44.64% | PLIFE REIT | CASH | 74.14% |
| CAPITAMALLS ASIA | CASH | -0.47% | RAFFLES EDUCATION | CASH | -65.20% |
| CHINA MILK | CASH | -67.74% | ROTARY ENGRG | CASH | -5.57% |
| CITYSPRING | CASH | 19.43% | SATS | CASH | 58.77% |
| COURAGE MAR | CASH | -22.62% | SGX | CASH | 16.05% |
| CSE GLOBAL | CASH | 126.22% | STARHUB | CASH | 5.21% |
| DESIGN STUDIO | CASH | -8.28% | ST ENGG | CASH | 44.42% |
| FIBRECHEM | CASH | -88.71% | TAI SIN | CASH | -33.75% |
| FORTUNE REIT | CASH | 42.42% | TAT HONG | CASH | 16.71% |
| FRASERSCT | CAS | 20.82% | TIONG SENG | CASH | -5.77% |
| GENTING SP | CASH | 65.02% | UOB-KAY HIAN | CASH | -20.49% |
| HEALTHWAY | CASH | 61.02% | VICOM | CASH | 49.67% |
| HG METAL | CASH | -39.49% | VANGUARD EMER MRKTS | CASH | -14.77% |
| JAYA HLDG | CASH | -50.04% | iSHARES MSCI EAFE | CASH | -2.72% |
| K-GREEN | CASH | NA | BH GLOBAL | CPF | -20.15% |
| KEPLAND | CASH | 213.50% | COSCOCORP | CPF | -49.29% |
| KEPPELCORP | CASH | 119.95% | SIAENGG | CPF | -16.18% |
| KS ENERGY | CASH | -29.22% |
7 comments:
Hi Mike,
I am relatively new to stock investment. Just wondering if it's a good idea to invest in such a large number of stocks like you do? I understand the need to diversify and spread the nest egg but I also heard not to hold too many such that it is spread too thin and you loose focus.?
Hi Dogcom,
I think it depends on your objective. If you are looking for extraordinary profits, then you shouldnt be diversifying too much.
If you wish to get slightly above market returns, its alright to diversify my way. Research has shown that the optimal number of stocks to diversify is between 20 to 30 stocks. So if you have chosen this option, i dont think time is a concern. All you need to do is to reasearch for good stocks and add to your portfolio. You dont really need to monitor each stock on a daily basis if you are planning to hold for long term
Hi,
I saw that you are using PSBP to buy blue chip stocks. I was wondering if it's worth to use. Suppose I'm getting DBS (ard $14 now) and i put in $1000 monthly. It will take me at least 14 months to get 1 lot. This will incur $140+ of handling charges. Or i can get more counters to lower the handling fees. But it will still be more than normal commission fees. Although I'm doing DCA, can the DCA savings be higher than the additional handling fees? Isn't it better to save up then buy at 1 shot? Thanks
Hi Joel,
Lets look at things in a few perspectives.
1) the purpose of PSBP is to DCA and get the average of the high/low price. And the other purpose is to help you to save up and buy DBS shares. So if you think you can time the market very well, you should just buy DBS straight from the market. Dont need to PSBP. But if you need to save first then buy, you might miss the opportunity.
2) assuming DBS stays at $14 till next year, you would have invested $14000 and paid about $100+ of fees. If you do some calculation, the costs is just a small fraction of the investment amount. I think the extra costs compensate for the risks should you happen to do a 1 time purchase of DBS at a HIGH price!
The only disadvantage of PSBP is that you end up with odd shares. To me its not a problem, if
1) i plan to hold for a very long time as there might be bonus shares
2) there is dividends reinvestment scheme
3) i can buy from poems unit share market
Hi Mike ,
Thanks for sharing the different perspectives. it really open up my views.
1) if the stock i'm getting is not so costly, e.g STI ETF or Starhub. I could have save up monthly and buy 1 lot on a quarterly basis. it will be DCA too, right? in this case, how is PSBP better? the timing issue?
2) I can only spare $1000-1500 monthly. i was wondering how should i effectively spend this meager amount. start on PSBP to buy those exp stocks or get those cheaper dividend yielding stocks quarterly?
3) For selling of shares under PSBP, how is it carried out? since the total amount of share held will be of odd lot. the odd lot market price might not be as good, right? if i were to transfer over to CDP, it will incur some charges as well. and this will eat into the returns (though not significant i guess).
sorry for the questions. noobie here trying to take his first step. thanks!
1) provided you are discipline enough, its alright to buy quarterly. wont your emotions overridden by the market sentiment? should market tank, then what if you choose to skip the purchase? this is very bad and you are not doing a good DCA.
also quarterly might be a too long to wait. stocks may move quickly in a month or 2. the other advantage is, you can let your dividends be reinvested through PSBP. if you buy yourself, you will not be able to effectively reinvest your dividends. and because of the beauty of this reinvestment scheme, its good if you can PSBP for longer periods, then you can see the reinvestment effects taking place. you will not see the reinvestment effects if you PSBP just for say 1 year because most stocks give out dividends twice a year or at most 4x a year
2) your selection should depend on the stocks that you want to hold. the stocks that you think are undervalued and good to hold for long. it should not be based on the price of the stock. of course after the selection of stocks, then you should decide how much to put in. frankly speaking, $1k is a good amount to pick 2 stocks to start with. and the cost is most effective at $6.42 per month
3)if you let POEMS hold your PSBP shares, you can call broker to sell all of them. if you transfer to CDP, you can
a) buy the odd shares from poems unit share market to make round lot then sell all of them
b) sell the odd lots in unit share market and full lots on the same day. you will only be charged with 1 brokerage sell fee if you sell all of them on the same day.
most of the bluechip stocks have good spread in the unit share market. at most you will just lose out a few dollars
thanks for your help! really appreciate it. I have a better understanding now. will reconsider my options again.
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