Updates for my dividend portfolio for February 2017
Trying to finish the remainder of my watchlist, leaving mostly REITs
(I'm only 72% of the way T_T).
- Sell ARA at Buy M1 at 1.76
- Figured it is very close to delisting price (due to a recent spike upon announcement), as well as the announcement that no special dividends will be paid, maybe I cash out now. Looking at a 2.4-2.5% fixed deposit return (arbitrage play see post here).
- My mistake was that I totally forgot about commissions eating into my profit (that's why I have been picking scrips for certain dividends counters instead of cash due to my small transaction sizes).
- Comms reduced my returns from about 2.4-2.5% to 1.7% there abouts (US futures comms is about half a tick, US stocks is about 10 ticks, SG is close to 30 ...
...
