| Counter | No of Shares | Average Price | Amount Paid | Yield on cost(%) | Weightage |
| Croesus Retail Trust |
10,000
|
0.9207
|
9,207.00
|
7.43
|
61.93%
|
| OCBC Bank |
300
|
9.1
|
2,730.00
|
4.00
|
18.36%
|
| Accordia Golf Trust |
1,500
|
0.61533
|
925.19
|
8.91
|
6.22%
|
| Neratel |
300
|
0.585
|
175.92
|
6.84
|
1.18%
|
| Ascendas Hospitality |
200
|
0.6175
|
123.79
|
8.29
|
0.83%
|
| CapitaCommerical |
200
|
1.325
|
265.63
|
6.15
|
1.79%
|
| Asian Pay TV Trust |
100
|
0.81
|
81.19
|
10.18
|
0.55%
|
| Soilbuild Business REIT |
200
|
0.8025
|
160.88
|
8.05
|
1.08%
|
| STI ETF |
400
|
2.99
|
1,197.00
|
3.00
|
8.05%
|
| Total |
14,866.60
|
6.53
|
100.00%
|
Total Invested Capital = $14,866.60
Total Expected Dividends/month = $80.90
Average Dividend Yield = 6.53%
As mentioned in the previous post, I took the opportunity of the market turmoil to add some stocks. Having liquidated half of Croesus Retail Trust, the funds released was used to pick up some stocks using the standard chartered platform. A variety of high-yield REITs/trusts were targeted to form an experimental micro-portfolio. I am very interested to see the performance of this micro-portfolio as the Fed begins to hike interest rates soon, particularly since it is a predominantly REITs/trusts portfolio.
In addition to this, I have partially used some of the funds to buy into OCBC bank, which I think has high growth potential as well as a good counterbalance against the micro-portfolio of REITs/trusts, since banks are likely to enjoy higher incomes from interest rate hikes while REITs/trusts are likely to face higher interest expenses.
Meantime, the strategy to buy STI ETF as the market breaks certain levels continues. This is where using standard chartered becomes absolutely useful. The ability to buy 100 shares each time without minimum commission is a great advantage here. I personally do not believe markets will plunge to the worst case scenario that I have prepared my funds for, so I expect not all available funds will be used when the market recovers. Well, having a conservative approach sometimes results in opportunity costs. Perhaps I will talk about this in another post.
As mentioned in the previous post, I took the opportunity of the market turmoil to add some stocks. Having liquidated half of Croesus Retail Trust, the funds released was used to pick up some stocks using the standard chartered platform. A variety of high-yield REITs/trusts were targeted to form an experimental micro-portfolio. I am very interested to see the performance of this micro-portfolio as the Fed begins to hike interest rates soon, particularly since it is a predominantly REITs/trusts portfolio.
In addition to this, I have partially used some of the funds to buy into OCBC bank, which I think has high growth potential as well as a good counterbalance against the micro-portfolio of REITs/trusts, since banks are likely to enjoy higher incomes from interest rate hikes while REITs/trusts are likely to face higher interest expenses.
Meantime, the strategy to buy STI ETF as the market breaks certain levels continues. This is where using standard chartered becomes absolutely useful. The ability to buy 100 shares each time without minimum commission is a great advantage here. I personally do not believe markets will plunge to the worst case scenario that I have prepared my funds for, so I expect not all available funds will be used when the market recovers. Well, having a conservative approach sometimes results in opportunity costs. Perhaps I will talk about this in another post.
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