New yearly goal

I realised investing fresh 10k a year is not enough.

Will aim for 30k a year. Wish me luck!

New pickings

The year 2018 is drawing near to a close.

This year I sold off Hong Leong Finance, and Capital and,  bought 10 lots of Singtel. All using CPF.

I bought 9k shares of sembcorp industries using cash.

Am scouring to look for a new stock to buy in 2019.

Aimed SIA and ST engineering.  Both had consistent dividends.  SIA eng had very little debt.

Initially I had wanted to compulsively conclude SIA eng is a better buy but when I dug further.  Its core business is dwindling....that is a red flag.

As Warren Buffet had said,  no matter how good the management is,  a company with bad economics will outlive the management.

So SIA eng is out for me.  Will study St eng in details.

Stocks slipping lower

With the China US trade war raging,  stocks are jittery.

Keppel corp has dropped to 6.36, sembcorp 2.83, singtel 3.1, still waiting for them to drop further.  Meanwhile am trying to save money so that can be prepared to go into market.

Keppel corp - waiting for it to drop to $5plus.
Sembcorp - $2
Singtel - $2

World cup fever over

Most of the stocks that I currently am holding had made some regains after the world cup ended.

Stocks that I currently holds
Singtel
Keppelcorp
Sembcorp
Boustead

Though they had made some regains in the prices,  the prices had not gone back to their prices before the world cup.

Singtel

Sold my Capitaland and HLF

Last week,  I decided to sell my capitaland (CL) and Hong Leong Finance (HLF)stocks holdings.

Both stocks were bought using my cpf monies.

Sold CL at 3.55 and HLF at 2.7

Made a total profit of approx 6k.

One reason for selling them now was because I decided to buy Singtel.

As shared in my earlier post,  one yardstick which I used,  is that the dividends from stocks bought using cpf should be >2.5% (interest rate in OA) as these monies came from my CPF OA.  If the monies we're to come from SA,  the dividend should exceed 4%.

Why singtel. Based on current price of 3.27, the dividend yield is >5%, doubled of OA interest. Although dividend is not a guarantee, i thought it is a decent return. With the 4th telco coming in soon, Singtel share might take another beating which would make it even attractive.

Investment checklist

I came up with an investment checklist that I thought will be helpful to myself to use when evalating which stock to buy