Friday, March 26, 2010

Portfolio Update

With NOL increasing in price quite a bit over the past few months, I decided to let go of my remaining holdings of NOL at $1.93. With the liquidation, I have one less stock to monitor in my portfolio. Monitoring so many stocks at a go can sometimes be a bit challenging.

As the stock market rises further, I also intend to slowly liquidate my stocks to build up some spare cash so that I can buy when the opportunity presents itself. These include stocks like Pac Andes, Innotek and Kingboard. I seriously hope that the prices will continue to rise so that I can cash out of these stocks and place my money elsewhere.

I bought into Capitaland a few months back. Capitaland has also declared dividends recently. I expect the dividends to come in around May and that should help to boost up my income a bit.

I will continue to focus my purchases on stocks that give good dividends.

Know of a stock that gives a good dividend? Share it with me and the readers here.

7 comments:

  1. How do you personally define good dividends?

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  2. For me, a consistent yield of 5% over the past 3 to 5 years should suffice. That will beat investing in bonds and give some room for capital appreciation.

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  3. By buying as prices continually rise and then cashing out to "rebalance", you run the risk of purchasing at lower and lower levels of margin of safety; hence the risk of a permanent loss of capital keep getting higher and higher.

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  4. http://createwealth8888.blogspot.com/2010/03/want-to-win-scared-to-lose.html

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  5. I don't really know which is the best strategy anymore. Buy and hold does not seem to be working spectacularly well for me. Active trading is also yielding mediocre results.

    I think dividend investing might be the best method for me afterall.

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  6. I am not sure if you have considered REITS previously? If yes, any reason why you are not investing in REITS for the dividends?

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  7. Hi Anonymous,

    Yes. I have considered REITs. REITs are still a huge part of my portfolio so I have been trying to diversify away from them a bit. But if the opportunity presents itself, I will definitely get into more REITs.

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