One month had past silently since the start of the new year. With the start of this new year, I had set my new targets and plans for my investment strategies. Have already started to use investment to increase my capital since mid-2014 since to create a passive income via investment requires much more dollars invested.
As mentioned in my December 2014 update that I have done, I was holding on to three US stocks including Jetblue Airways (JBLU), Skyworks Solutions Inc (SWKS) and Twitter (TWTR). However, when the Swiss National Bank announced that they will unpeg the Swiss Franc from the Euro, the stock market fell on the news.
Expecting a long-due market correction, I went ahead and closed all my positions and hope to catch them again when they are priced lower, catching a discount. That was really the wrong move to do. Today, I did not buy back the stocks and they have already surpass the price where I sold and moved even higher.
Received my dividends from GalxoSmithKline paid on 8th of January 2015. After all the charges deducted, I received a total of $14.67. This works out to a total of 0.12% of my dividend portfolio. With another 11 months to the end of the year, I am confident that my portfolio will be able to achieve my target of 5% in dividends received.
|Singapore Post Limited||S80.SI||$0.00||0.00%|
|Starhill Global REIT||P40U.SI||$0.00||0.00%|
|Mapletree GCC Tr||RW0U.SI||$0.00||0.00%|
Profit and Loss
There was a major breakthrough in my dividend portfolio. The stock price of SingPost (S08.SI) managed to break through the 100% profit mark, closing at 106.88% on the last trading day in January.
|Singapore Post Limited||S80.SI||106.88%|
|Starhill Global REIT||P40U.SI||13.89%|
|Mapletree GCC Tr||RW0U.SI||11.63%
Closed all my positions on the 6th of January and bought four other shares, namely:
- Visa Inc (V) – $256.94
- AmerisourceBergen Corp. (ABC) – $94.85
- Avago Technologies Ltd (AVGO) – $106.74
- Celgene Corporation (CELG) – $123.55
|Stock||Code||Realised Profit/Loss||Unrealised Profit/Loss|
|Hyatt Hotels Corporation||H||5.82%|
|Skyworks Solutions Inc||SWKS||29.50%|
|Avago Technologies Ltd||AVGO||3.61%|