19-09-2014, 03:48 PM
hi guys. hi moderator.
i received some very positive feedback of late. Thus decided to ignore negative noises and share my positions. Luckily I could remember my password.
My positions,
ST Eng
TCIL
Hupsteel
NGI
SpRe
StamLd
Taisin
Due to positions in certain counters which can be derived from the AR, I decided not to place the %.
http://paullowinvestmentjourney.blogspot.sg/
Hope this can be informative.
p.s.
In case this blogsite is too cramp..i have cut and paste the info here:
Insight 1: Simple concept works
Do not to spend too much time crunching numbers, but spot perpetual dividend payers. Look at big boys such as MCD, gen mills and colgate, they are perfect candidate for dividend compoundation, in simple terms means suing the dividends to purchase more shares.
****The all important question: can the earning be repeated and dividend paid over and over again. When we are talking about huge huge companies with strong moat, the answer is an astounding YES.
For smaller companies, and mid caps, a bit more homework is needed, since the risk is higher with smaller companies, this needs to be mitigated with the necessary knowledge. It cannot be reduced completely but can be mitigated to some extent. But still the key is perpetuality olf dividends.
ST engineering, SIA Engin, Singtel, SATs are good candidates. Mid caps such as UOL, TCIL also fit the bill. Smaller caps such as hupstee; noel, singrein also do the trick IMO.
The local companies' dividend payout might not be as stable as those muiltibillion dollar companies in the US. But over a decade or so, the pattern has to be seen, ie there MUST be regularly dividends and these MUST be raised over time, though perhaps not year after year, for the reason alluded to earlier.
Insight 2: Invest regularly, no need to time the market
There may be many people who take advantage of bear market by keeping a big warchest.Some took this approach. This approach looks easier than it really is, as Munger said:" it takes a lot of character to be sitting on money", and the truth is, we will never know the bottom or peak until we passed it.
For me, I use the focus approach, not too many counters so that I can keep track of what's going on in each company. My ideal number would be 5-10. I invest a lot on these counters, and i just reinvest his dividends, i never bother about the direction of the market, i just make sure he did the homework before he buy and leave it for the long term. This is important, must read sentence ***The golden words: over the long run(we are not talking of even a few years, mind you), the downside will take care of itself, and whatever is left is the upside.
Insight 3: It is possible.
Family and children are not hindrances to investment. Keep your lifestyle simple. Buy what is necessary only. Live well BELOW your means. Personally, my lifestyle today is very much the same as when I just started working. I still enjoy my roti prata, mee rebus. I see nothing wrong with hawker fare. Low class? Not for me.
Insight 4: Enjoy the present. (This is important, actually very important)
DO NOT mix the active and passive income. Let the passive compound and use the active money to enjoy. If you mix active and passive, one day you might find yourself painfully selling your dividend paying shares to pay your credit card bills etc. Don't think too much, we never know what the future holds for us and our plans might go wrong.
Final thoughts:
Last warning and parting words from me, don't follow tips if any and expect only way is up. I insist I have no idea how my stocks will perform in days, and months. But that does not bother me. Handphone bills, utility bills and credit card bills have a way to find themselves in your post box every month, like it or not. So I am only bothered about receiving the regularity of my dividends. The day I call it quits from working totally, I can be fully assured that I can take care of all my bills and with surpluses.
Concentrate on building and increasing your soldier(ie share) base. Over a long time, you would have build up a sizeable portfolio with regular dividend cheques coming in every month or so.
regards,
Paullow
i received some very positive feedback of late. Thus decided to ignore negative noises and share my positions. Luckily I could remember my password.
My positions,
ST Eng
TCIL
Hupsteel
NGI
SpRe
StamLd
Taisin
Due to positions in certain counters which can be derived from the AR, I decided not to place the %.
http://paullowinvestmentjourney.blogspot.sg/
Hope this can be informative.
p.s.
In case this blogsite is too cramp..i have cut and paste the info here:
Insight 1: Simple concept works
Do not to spend too much time crunching numbers, but spot perpetual dividend payers. Look at big boys such as MCD, gen mills and colgate, they are perfect candidate for dividend compoundation, in simple terms means suing the dividends to purchase more shares.
****The all important question: can the earning be repeated and dividend paid over and over again. When we are talking about huge huge companies with strong moat, the answer is an astounding YES.
For smaller companies, and mid caps, a bit more homework is needed, since the risk is higher with smaller companies, this needs to be mitigated with the necessary knowledge. It cannot be reduced completely but can be mitigated to some extent. But still the key is perpetuality olf dividends.
ST engineering, SIA Engin, Singtel, SATs are good candidates. Mid caps such as UOL, TCIL also fit the bill. Smaller caps such as hupstee; noel, singrein also do the trick IMO.
The local companies' dividend payout might not be as stable as those muiltibillion dollar companies in the US. But over a decade or so, the pattern has to be seen, ie there MUST be regularly dividends and these MUST be raised over time, though perhaps not year after year, for the reason alluded to earlier.
Insight 2: Invest regularly, no need to time the market
There may be many people who take advantage of bear market by keeping a big warchest.Some took this approach. This approach looks easier than it really is, as Munger said:" it takes a lot of character to be sitting on money", and the truth is, we will never know the bottom or peak until we passed it.
For me, I use the focus approach, not too many counters so that I can keep track of what's going on in each company. My ideal number would be 5-10. I invest a lot on these counters, and i just reinvest his dividends, i never bother about the direction of the market, i just make sure he did the homework before he buy and leave it for the long term. This is important, must read sentence ***The golden words: over the long run(we are not talking of even a few years, mind you), the downside will take care of itself, and whatever is left is the upside.
Insight 3: It is possible.
Family and children are not hindrances to investment. Keep your lifestyle simple. Buy what is necessary only. Live well BELOW your means. Personally, my lifestyle today is very much the same as when I just started working. I still enjoy my roti prata, mee rebus. I see nothing wrong with hawker fare. Low class? Not for me.
Insight 4: Enjoy the present. (This is important, actually very important)
DO NOT mix the active and passive income. Let the passive compound and use the active money to enjoy. If you mix active and passive, one day you might find yourself painfully selling your dividend paying shares to pay your credit card bills etc. Don't think too much, we never know what the future holds for us and our plans might go wrong.
Final thoughts:
Last warning and parting words from me, don't follow tips if any and expect only way is up. I insist I have no idea how my stocks will perform in days, and months. But that does not bother me. Handphone bills, utility bills and credit card bills have a way to find themselves in your post box every month, like it or not. So I am only bothered about receiving the regularity of my dividends. The day I call it quits from working totally, I can be fully assured that I can take care of all my bills and with surpluses.
Concentrate on building and increasing your soldier(ie share) base. Over a long time, you would have build up a sizeable portfolio with regular dividend cheques coming in every month or so.
regards,
Paullow
