Just an old posting that I will like to share => we are powerful beyond measure. Really good a reminder whenever I feel low or suffer from a bout of low esteem.
Another good stuff that I will like to share => Two Ideas that Every Investor Should Know. Just plain old wisdom from plain old me.
Anyway, the month of April and May were bountiful in terms of the dividends that I received. April dividends was $700plus while month of May was around $1400plus. Good stuff if you ask me. The money is already being spent or at least I am thinking of investing it again. Stock prices are low but I bet that they will go lower.
This blog is about financial freedom and serves to inform, educate and entertain the public on all personal finance matters. The author of this blog has been blogging for 5 over years. He was also a guest blogger at CPF's IMSavvy site (now AreYouReady site). This blog is visited by many unique readers from various countries every month. Do bookmark this blog and leave your comments.
Dividends and Passive Income for May 2012
The month of May 2012 was a bonus month for me as I received quite a bit of dividends/passive income. The main contributor came from some of my small cap stocks.
Total dividends/passive income for May 2012 is $1483.26
Probably one of the better months for me thus far.
Total dividends/passive income for May 2012 is $1483.26
Probably one of the better months for me thus far.
Investing in Consumer Staples
Read a book recently about investing in consumer staples. I think the ideas presented were fairly new to me as I have never ever thought of investing in consumer staples before. I guess there are not many consumer staples kind of stocks in Singapore other than the telcos and the transportation companies.
Well, if one has access to the US market, one could invest in stocks like Colgate-Palmolive, Proctor and Gamble, Coke, etc. These are really defensive play stocks and the businesses should do reasonably well even if the economy tanks. Afterall, people still need to brush their teeth and wash their hair even if the economy is bad.
Well, if one has access to the US market, one could invest in stocks like Colgate-Palmolive, Proctor and Gamble, Coke, etc. These are really defensive play stocks and the businesses should do reasonably well even if the economy tanks. Afterall, people still need to brush their teeth and wash their hair even if the economy is bad.
Cambridge Industrial Trust - I could Do With Some
Bought 5 lots of Cambridge Industrial Trust today at $0.515. Have been eyeing it for some time and decided that I couldn't wait any longer. So clicked a few buttons, it was in the queue list, and after that, got it. Just part of my effort to diversify my holdings in reits to cover office, residential/hospitality and industrial.
Bill Ng Rangers Bid
Glad to read in the newspaper about a Singaporean, Bill Ng, who made a bid for Rangers football club and is now in the running again to buy the club despite earlier suggestions that he was out of the race. Reminds me of Peter Lim, the billionaire who was also bidding for Liverpool football club sometime back.
Bill Ng apparently does not love football. He came to the game for the love of his two sons who had to teach him the offside rule. Not new to purchasing football clubs, Mr Ng had also purchase Hougang United and Tiong Bahru United in 2010 and 2005 respectively. Both these football clubs are in the S-League (Singapore's version of the English Premier League).
Now that Bill Ng is back in the running to buy the Rangers, let's wish him luck. May he do Singapore proud.
Bill Ng apparently does not love football. He came to the game for the love of his two sons who had to teach him the offside rule. Not new to purchasing football clubs, Mr Ng had also purchase Hougang United and Tiong Bahru United in 2010 and 2005 respectively. Both these football clubs are in the S-League (Singapore's version of the English Premier League).
Now that Bill Ng is back in the running to buy the Rangers, let's wish him luck. May he do Singapore proud.
Why I Write
I was sad to discover that a fellow blogger had stopped writing. He gave his farewell posting a few months back and I chanced upon it while I was just surfing around. I am happy for him that he has decided that there are more important things to tend to.
Anyway, it got me questioning myself on why I even write this blog. I have better things to do. I have in fact too many things to do. But writing is a form of relaxation for me. A way to express myself. A way to converse since I am not really gifted in talking (and there is nobody to talk to me in the real world). Writing is my form of escape. It is my way of voicing my thoughts.
Sometimes, it is good to just get something off my chest. To know that I have voiced out my opinion on a matter and that somebody (whoever it is) is reading it. And though I don't often reply to the comments that are left (sometimes, I just have no time to reply), I treasure each one deeply even as I read the encouraging words and thoughtful remarks that are left on this blog.
In a sense, this blog is like a living organism that has grown with me. It contains memories and words that people have left, captured eternally on this faceless internet page. And at the very same time, it is as if this blog reaches out to people and some how, probably in some small way, makes a positive impact on somebody's life. I don't know. Maybe it does, maybe it doesn't. But the idea that such a thing can happen even without me meeting the person face to face is surreal. It is like making a deposit in somebody's life. Loving a person without actually knowing him or meeting him.
So I hope that you the reader knows why I write.
Drop me a comment. Will love to hear from you.
Anyway, it got me questioning myself on why I even write this blog. I have better things to do. I have in fact too many things to do. But writing is a form of relaxation for me. A way to express myself. A way to converse since I am not really gifted in talking (and there is nobody to talk to me in the real world). Writing is my form of escape. It is my way of voicing my thoughts.
Sometimes, it is good to just get something off my chest. To know that I have voiced out my opinion on a matter and that somebody (whoever it is) is reading it. And though I don't often reply to the comments that are left (sometimes, I just have no time to reply), I treasure each one deeply even as I read the encouraging words and thoughtful remarks that are left on this blog.
In a sense, this blog is like a living organism that has grown with me. It contains memories and words that people have left, captured eternally on this faceless internet page. And at the very same time, it is as if this blog reaches out to people and some how, probably in some small way, makes a positive impact on somebody's life. I don't know. Maybe it does, maybe it doesn't. But the idea that such a thing can happen even without me meeting the person face to face is surreal. It is like making a deposit in somebody's life. Loving a person without actually knowing him or meeting him.
So I hope that you the reader knows why I write.
Drop me a comment. Will love to hear from you.
GAMCO Global Gold and Natural Resources Income Trust (GGN)
Just bought another 200 shares of Gamco Global Gold and Natural Resources Income Trust.(GGN). GGN pays out a monthly dividend of US$0.14. The dividends have been paid out steadily over the years so I thought I should just load up more of it when the market is down. Bought 200 shares at US$14.60 which is slightly lower than my previous purchase price.
Subscribe to:
Posts (Atom)
Featured Post
Unlock Exclusive Deals and Savings: Join Amazon Prime Today!
Amazon is celebrating Prime members with a multitude of deals during Prime Day. The event will offer more deals than ever before, with new d...
-
Civil servants or public officers in Singapore are expected to declare their financial standing when they first join and every year thereaft...
-
Trying to compile the salary pay scale for the Singapore civil service. Somehow, I only managed to find the figures for 2011. There are p...
-
In my previous article , I compared an endowment plan with an ILP. Many might think that an ILP is a silly way to save for my child's ed...
-
Everybody loves free stuff. So as part of the Christmas Celebrations, I am giving away MONEY! ANYONE can earn it. Just leave a comment on th...
-
How much does a normal or average Singaporean earn? Based on median income, that is supposed to be $2,400 per month and raised to over $300...
-
Networth as of Feb 2010 is estimated around $652,000. A slight drop from Jan 2010. The decline in networth was due to a slight drop in my ...
-
“We are more than that; we are in the business of creating time.” - Tay Liam Wee Mr Tay Liam Wee has an estimated networth of around S$135m....
-
Here are some frequently asked questions about sgfinancialfreedom: Q: How do you compute your networth? A: I compute my networth by adding m...
-
As most of you know by now, I have started a POSB Kids Savings account for my child. The main purpose of this account is to save for his un...
-
I can't sleep. I am worried about my finances. So I am up now counting my money in all the places that I have. Sometimes I forget that...