Portfolio and Dividend Update Q2 FY19

For the three months Apr 2019 - Jun 2019, the total amount of dividends received was:

$21,592.


Breakdown of Contributors:

Keppel - 750
DBS - 900
FCOT - 5616
First REIT - 1075
Starhill - 990
Cache - 203
AA REIT - 3338.5
Ascendas Htrust - 7567
OCBC - 1150


Performance against Q2 2018:
Dividends received in Q2 2018: 16045
Dividends received in Q2 2019: 21592
Change: +34.6%



For the month ending June 2019, my total assets under management stand at:

S$ 1,354,652


Breakdown of Current Portfolio:

June 2019			Value
AIMSAMP Cap Reit	121400	1.45	$176,030.00
Ascendas-hTrust	235000	0.985	$231,475.00
Cache Log Trust	13600	0.79	$10,744.00
CapitaR China Trust	35000	1.55	$54,250.00
DBS	1000	25.69	$25,690.00
Ezion	19500	0.044	$858.00
First Reit	50000	1	$50,000.00
FCOT	234000	1.58	$369,720.00
Keppel Corp	5000	6.49	$32,450.00
OCBC	5000	11.29	$56,450.00
SingTel	48000	3.47	$166,560.00
StarhillGbl Reit	90000	0.775	$69,750.00
(redacted)	7611	7.62	$55,675.99
Warchest			$55,000.00
Total Portfolio Size			$1,354,652.99

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Performance against Q2 2018:
At the end of June 2018, my FUM stood at $1,013,945. So compared to Q2 2018, the FUM has grown +33.6% YoY.


FI is so close I can literally smell it.

It is perhaps poignant to note that my investment journey begun 4.5 years ago.

Yet I remember it like it was yesterday. After being dry of capital for a long time due to my ill-timed condo purchase, I finally accumulated a small pot of 80k in Jan 2015 by living frugally and enduring taunts of being a kiam kanna.

My first stock purchase was 20 lots of Starhill Global at $0.8 a share on 5 Jan 2015.   It last traded at 0.775. LOL so you could say it was not that great a start.  Nevertheless, there will always be a special place in my heart for Starhill for it was my first foray into income investing. Way before I started reading the inspirational blogs of AK, Chris Ng and Brian Halim.

But there I was, bright-eyed and optimistic, proudly proclaiming to a friend that I had put in motion a 6-year plan to gain financial independence, which henceforth became known as my Fuck-You-Money Spreadsheet (FUMS).  By the end of 2020, I beamed, a job shall become unnecessary.

My claims were understandably met with skepticism, cries of disbelief, and occassionally, outright disdain.

I have lost count of how many days I looked pitifully at my FUMS and lamented, wah, why still so far away. As the Drow Ranger puts it most aptly, would it ever end?

But how weirdly time operates.

Before you know it, we are almost at the end. Huffing and puffing away like doing the last 2.4 km lap back in my NS days, I am exhausted beyond words. Perhaps only through sheer force of will, i continue to move one foot in front of the other, robotically and repetitively.  In my mind, I chant incessantly, "almost the end", "almost the end", "almost the end", with intermittent outbursts of "you can fucking do it!".  The parallels are uncanny.

Almost there.

All this toiling and chasing down the billable hour would be worth it eventually. 1.3M cleared in style. 500k more to go. With 1.8M, i estimate I should return 120k a year or 10k a month with a bit of luck and constant portfolio optimization.

And perhaps at that time, I shall smell the roses a bit.

Onward to FI friends.