July 2016 Portfolio Update

Current Portfolio Size: $15,915.02

Current Projected Dividend yield:  2.67%

Screen Shot 2016-06-02 at 1.08.48 AM.png
Purchases made during Jul
  1. Nil
Divestment during Jul
  1. Nil
Dividends collected during Jul
  1. Chemical Industries (Far East) Ltd; $0.03 for 3600 shares
  2. Chemical Industries (Far East) Ltd; $0.05 for 3600 shares

Total Dividends Collected: $288.00

Surprise surprise! The magic about focusing on value investing is that you first tone down your expectations you have on certain stocks you carry. You focus on limiting the downside risks involved and let the upside gain works its magic. Sometimes when dividends get paid out, you are in for a pleasant surprise! This is what happened with Chemical Industries (Far East) Ltd. Not only did it surprise me with the upside gain that it has (currently at an unrealized gain of 24.3%), it rewarded me with cash dividends.

And finally it’s time for me to do my quarterly review on my portfolio! I’ll spend the week reviewing my entire portfolio, to add in more suitable value stocks and also weed out the bad seeds. Excited to see what is coming up 🙂

Cheers!

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