Wednesday, August 31, 2016

Aug 2016 Portfolio

Recently, DBS got scarred by Swiber bonds when it filed for bankruptcy. This incidents opened up a can of worms, it seems that DBS are doing leveraged Swiber 7% bond sale for its wealthy customers. Eg it allows 50% loan for its customers who buy Swiber high dividend bond if they buy at least $250k worth of bond and DBS will lend them another $250k, total $500k to buy Swiber bonds. Customers will then earn dividends on the leveraged bond. Pretty good idea right? But of course the unexpected happened when oil price sinked and Swiber wind up. DBS had a 6% dent in its profit and this caused its share price to drop below $15. Then I see it as a good opportunity to buy DBS! haha crazy right? This is my first bank stock and I think that this Swiber incident will just be a scratch to DBS and it will recover in the long term.

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 :)

PeriodSTIMy Portfolio (Realised)Verdict
Jan 2016-20.78%-15.15% I win
Feb 2016-18.98%-12.11% I win
Mar 2016-13%-8.28% I win
Apr 2016-13.55%-6.50% I win
May 2016-14.46%-6.27% I win
Jun 2016-12.95%-5.18% I win
Jul 2016-13.25%-4.07% I win
Aug 2016-13.86%-4.27% I win

Total 23 stocks in portfolio

Aug is the 2nd best month to collect dividends after May. This month I got quite a handful of dividends from my portfolio.

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


  1. Hi Jimmy,

    Welcome to the DBS Club. Recent price weakness was a good opportunity to buy into this great lender in SEA. I am adding DBS via scrip dividend scheme regularly.

    Your portfolio is looking good. Cheers!