This month I witnessed the amazing V-shaped recovery of the SGX stock market. In Sep 2015, it went down down to a low trench of -9.34% and this month, Oct 2015, it suddenly went up with a almost triple times recovery of -3.30%. This definitely caught the pants off for those short sellers and could be a result of short recovering. The reason for this V shaped recovery is more likely due to Fed postponing of rate hike and China implementing more measures to help prop up their stock market.
By the way, this month marked my portfolio one year anniversary! Time flies, its one year already but was glad I embarked on this journey towards financial freedom. Onward !
This month I added M1 into my portfolio.
Added more M1 into my portfolio because there was weakness in telco stocks due to the arrival of the 4th telco company my republic. Telco stocks are defensive and dividend stocks which I believe will ride out all economic cycles. So I took this chance to add in.
STI vs my portfolio
My portfolio is still hovering in the negative region :( but good news is that I beat STI at least a consolation prize :)
Period | STI | My Portfolio (Realised) | Verdict |
Jan 2015 | 2.71% | 3.21% | I win |
Feb 2015 | 2.41% | 2.16% | I lose |
Mar 2015 | 3.31% | 0.62% | I lose |
Apr 2015 | 6.02% | 4.18% | I lose |
May 2015 | 3.31% | 3.84% | I win |
Jun 2015 | 0.90% | 1.14% | I win |
Jul 2015 | -2.41% | -3.83% | I lose |
Aug 2015 | -10.54% | -9.07% | I win |
Sep 2015 | -14.16% | -9.34% | I win |
Oct 2015 | -8.43% | -4.48% | I win |
Total 19 stocks in portfolio
Dividend
This month I received dividends from Global Invest and UMS.
Checkout my Dividend history
Dividend Stock Tracker
I keep track of good SGX dividend stocks such as 10 years consistent SGX dividend stocks, REITs, Business Trusts, etc with real time information update. Checkout the link below:
Checkout my Dividend Tracker
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