Aug 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 Aug
  1. Nil
Divestment during Aug
  1. Nil
Dividends collected during Aug
  1. Nil

Total Dividends Collected: $0.00

My quarterly review for my stock portfolio is a lil’ delayed, cos I have been busy with travelling around and settling down for exchange. Nonetheless, things look a lil better for my portfolio. Some stocks are really picking up. Currently there are 3 out of 9 stocks that are in green and there is still a profit overall! The following quotes below are for self-reflection, hope that it will enlighten me as time goes by~


15 Warren Buffet Quotes:

1. You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right.

2. Wide diversification is only required when investors do not understand what they are doing.

3. Never invest in a business you cannot understand.

4. Unless you can watch your stock holding decline by 50% without becoming panic-stricken, you should not be in the stock market.

5. Why not invest your assets in the companies you really like? As Mae West said, “Too much of a good thing can be wonderful”.

6. The critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price.

7. Risk can be greatly reduced by concentrating on only a few holdings.

8. Buy companies with strong histories of profitability and with a dominant business franchise.

9. Be fearful when others are greedy and greedy only when others are fearful.

10. It is optimism that is the enemy of the rational buyer.

11. As far as you are concerned, the stock market does not exist. Ignore it.

12. The ability to say “no” is a tremendous advantage for an investor.

13. Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.

14. An investor needs to do very few things right as long as he or she avoids big mistakes.

15. An investor should ordinarily hold a small piece of an outstanding business with the same tenacity that an owner would exhibit if he owned all of that business.


Cheers!

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s