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.
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How do you personally define good dividends?
ReplyDeleteFor 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.
ReplyDeleteBy 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.
ReplyDeletehttp://createwealth8888.blogspot.com/2010/03/want-to-win-scared-to-lose.html
ReplyDeleteI 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.
ReplyDeleteI think dividend investing might be the best method for me afterall.
I am not sure if you have considered REITS previously? If yes, any reason why you are not investing in REITS for the dividends?
ReplyDeleteHi Anonymous,
ReplyDeleteYes. 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.