For my SRS portfolio this week, l have sold away City Developments 2 lots for a nett gain of $163. This nett profit could have been much higher (around 4-5 times more) if l have sold it off in 1-2 days later. l am not cut into investing in growth stock yet as l realized that l have not mastered the art of being more patient.
My oldest stock holding under SRS portfolio is SGX 1 lot, which l have invested into it in May'11. Annual dividend yield is around 3.5% so it is a pretty good stock to own. As the stock is already in profit position so l have decided to sell it away for a nett gain of $38. Will re-invest into it again when its share price weakens.
When l invested into Sing Investments 7 lots two weeks ago l have actually wanted to keep it for its annual dividend yield of around 5%. But this week l have sold it all away for a nett gain of $71 because l reckon l have tied up a huge sum of funds into a company which pays dividends only once in each year. Ideally l would prefer such big amount of investment to be put to work in a much harder cycle of investments and re-investments for a higher returns. I will re-invest into Sing Inv but this will be limited to 1-2 lots as passive income.
Portfolio walk since previous posting :-
+$5,196 Total Returns as of 25 Jan
+$272 Gain on sales of City Developments, SGX and Sing Investments
+$52 Unrealised positions improved
+$5,519 Total Returns as of 1 Feb
previous postings :-
SRS - Closing status 25 Jan
City Developments, donations, blah blah
My oldest stock holding under SRS portfolio is SGX 1 lot, which l have invested into it in May'11. Annual dividend yield is around 3.5% so it is a pretty good stock to own. As the stock is already in profit position so l have decided to sell it away for a nett gain of $38. Will re-invest into it again when its share price weakens.
When l invested into Sing Investments 7 lots two weeks ago l have actually wanted to keep it for its annual dividend yield of around 5%. But this week l have sold it all away for a nett gain of $71 because l reckon l have tied up a huge sum of funds into a company which pays dividends only once in each year. Ideally l would prefer such big amount of investment to be put to work in a much harder cycle of investments and re-investments for a higher returns. I will re-invest into Sing Inv but this will be limited to 1-2 lots as passive income.
Portfolio walk since previous posting :-
+$5,196 Total Returns as of 25 Jan
+$272 Gain on sales of City Developments, SGX and Sing Investments
+$52 Unrealised positions improved
+$5,519 Total Returns as of 1 Feb
previous postings :-
SRS - Closing status 25 Jan
City Developments, donations, blah blah
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