June 2016 - Low Cost Portfolio Update

I was waiting for buying opportunity in June. So when BREXIT presented such opportunity, I jumped with excitement. I bought China Mobile and Indocement Tunggal Prakarsa, which I had observed for some time. I also bought Prada in late May.

I contributed $23,000 fresh fund into the low cost portfolio in June. I also received dividends from DBS. I opted for scrip dividends and I received 7 DBS shares. Return YTD was 2.13% as of end June. XIRR since inception turned positive for the first time. Equity allocation was 51%, with bond and cash at 49%. The allocation would give me ample room to purchase more equities should there be significant correction in the near future. Overall, I'm rather happy with the performance of the low cost portfolio so far this year.

I'll stick with the strategy of acquiring good reputable companies that pay dividends regularly and increase them over time, aside of low cost ETF. At the same time, I'll pace my equity purchase to maintain a pre-defined allocation of equities and bonds, depending on market level.

Link to Yaruzi's low cost portfolio as of June 2016

May 2016 - Unit Trust Portfolio Update

I was travelling and busy with work, so the update on my unit trust portfolio was delayed. YTD as of 2nd June was 2.35%. I received cash dividends of $187.04 in May, which were reinvested into my low cost portfolio.

I only did 1 transactions in May. Nothing exciting and a rather boring month. But hey, some say the "successful" investing is boring. And I figured I might just be in the right track.

Transactions in May 2016:

1. Bought

Fullerton Short Term Int Rt C S$ $4,860.65

Link to Yaruzi's unit trust portfolio allocation as of May 2016

Recent Buy - Low Cost Portfolio

Bought Indocement Tunggal Prakarsa (INTP.JK) 1900 shares @ IDR 15,625.00
Bought China Mobile (0941.HK) 500 shares @ HKD 83.65

Thanks BREXIT!

Chow Tai Fook - Buy, Hold, or Sell

Chow Tai Fook News Today

Financial Times - Chow Tai Fook loses its sparkle amid China slowdown & Chow Tai Fook FY profit slumps 46%
Bloomberg - Chow Tai Fook Profit Drops 46% as China Slowdown Hits Sales
Reuters HK jeweller Chow Tai Fook profit plummets, sees tough year ahead

Chow Tai Fook Chart Today



Chow Tai Fook Chart Past 5 Days

Technical Analyst or Chartists will say it's bullish price action. Which one will you follow? The news or the chart? Buy, Hold, or Sell?

May 2016 - Low Cost Portfolio Update

The low cost portfolio ended May with a positive result. YTD profit was 1.57% as of end of May. A fresh fund of $4,000 was injected to the portfolio. I received a total dividend of $550.75 from Keppel Corp ($198), Venture ($300), and First REIT ($52.75).

Portfolio allocation was 49.01% equity vs 50.99% in bonds and cash, before I bought my first ever Prada on 30th May. The Prada purchase will be reflected in the June portfolio update.

Link to Yaruzi's low cost portfolio as of May 2016