Shares & Derivatives
February 2016 – Low Cost Portfolio Update
By Yaruzi's Learn 2 Live  •  March 8, 2016
In the height of panic that the sell-off in stock markets and oil, global bank stocks were hammered badly. Triggered by concerns on Deutsche Bank capability to repay it's debt, news were flashing anywhere as we're going to have GFC all over again. Seeing the news flashing, I just knew instinctively that I'd need to buy Deutsche Bank or ANY bank stocks. I had to say I hesitated to get Deutsche Bank as it had riskier investment banking business, and decided to go with the "safest" bank in Asia instead. I thought if it's GFC all over again, I wanted to hold onto banks that had the highest probability to survive. So I bought 300 shares of DBS @ 13.19 on 9 Feb 2016. No fresh fund injected in Feb 2016 and the portfolio received dividends and cash distributions of USD 64.51 and $368.89 from the following:
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By Yaruzi's Learn 2 Live
I live in Singapore with my wonderful wife and 2 kids. My wife is a stay-home mom, while I'm the sole breadwinner. I work as an engineer. I started investing in unit trust in July 2012. I was 36 years old then. My goal was to build assets and passive income for my retirement. I'm particularly interested in dividend investing, and I intend to build my own dividend portfolio.
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