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Showing posts from June, 2019

Thoughts: Why isn't my friend investing?

In December last year, I accompanied a friend to open a trading account at POEMS. Several weeks later, the trading and CDP accounts were opened. Good to go, right?  Fast forward to the present. He shared that he still doesn't know how to start. It then got me thinking about the underlying causes. There could be other underlying reasons that I am not aware of, so I could be wrong.  Could it be due to a lack of information? A lack of time? A lack of drive?  As I thought about it, it cannot be due to the first reason. The internet has provided endless information. Neither is it due to a lack of time. There are certainly pockets of free time and it depends on how we prioritize it.  So, how could I maybe, help him to get started? It is rather straightforward but easily the most difficult.  First , he needs to be interested in the world and its economy. It may be boring, especially if one does not have an interest but it's the most important. Read about the different ways t

Dividend Income and Portfolio Update - June

Dividends CapitaMall Trust: $28.80 Total dividends in 2019:  $165.76 Average dividends per month:  $13.81 Current Portfolio Stock Shares Current Market Value (Based on closing prices on 13/6/2019) Total Paper   Return(dividends and capital gains/losses)  CapitaLand Mall Trust 1000 $2600.00 +$767.57 CDL Hospitality Trusts 800 $1296.00 +$361.14 Singtel 600 $2016.00 -$54.20 Nikko AM STI ETF 686 $2291.10 +$376.68 $8203.10 +$1451.19 Update: Received dividends of $28.80 from CapitaMall Trust in end-May.  Overall Portfolio Value increased by $533.65 (based on closing prices on 13/6/2019) as compared to  February Portfolio Update .  Total Paper Return increased by $533.65 (based on closing prices on 13/6/2019) as compared to  February Portfolio Update .