Republished with permission from Brian Halim's blog, A Path to Forever Financial Freedom. Brian (photo), who is 34, has a MBA and previously worked as an analyst and financial controller. He will soon be taking a break from his current job in a top Singapore bank.
| Mar 19 - Portfolio & Networth Update Earnings season is finally over so we are back to this muted season where share prices are just gyrating along with the overall trend of the market. I've made a few changes to my portfolio with the objective of getting a higher yield and a lower risk or one of the combination of the two. My portfolio is constructed to capture both defensive profiles and stability of the cashflow, as dividends remain an integral part of my life now, especially given my "loss of income" in the next few months. |
|
No. |
Counters |
No. of Shares |
Market Price (SGD) |
Total Value (SGD) |
Allocation |
|
1. |
Starhill Reit |
377,000 |
0.70 |
263,900 |
29.0% |
|
2. |
Vicom |
31,300 |
6.48 |
202,824 |
22.0% |
|
3. |
Netlink Trust |
236,000 |
0.795 |
187,620 |
21.0% |
|
4. |
First Reit |
152,000 |
0.995 |
151,240 |
17.0% |
|
5. |
Manulife Reit |
81,000 |
US$0.85 |
92,759 |
11.0% |
|
6. |
Ho Bee Land |
300 |
2.51 |
753 |
1.0% |
|
7. |
Cash |
|
1,000 |
1.0% |
|
|
Total |
900,096 |
100% |
The portfolio continued to do well, spurred by the defensive profiles of companies and Reits in the portfolio and also some divestments.
It increased from $876,954 in the previous month to $900,096 this month (+2.6% month on month; +39.7% year on year).
This is the 15th consecutive month that the portfolio has broken a new high.
This is also the first time the portfolio has hit above $900k.
(You can read about the portfolio movements in Brian's blog)
|
|
My salary at the end of the month was wasted on all sort of gadgets and the latest trends in town. My bank account would quickly diminish from 4 digits to 2 digits by the end of the month.
I eagerly waited for the next paycheck to arrive and I thought this was a common practice among the colleagues who were practically almost doing the same. I wasn't really sure if I should be deviating from that practice.
The "Cashflow" Quadrant by Robert Kiyosaki was my first inspiration book while there are many bloggers I was inspired by who also contributed well to where I am today.
(You can read the full article at Brian's blog)