Shares & Derivatives
Passive Income Update: August 2015
By My 15 Hour Work Week  •  September 18, 2015
The stock market has been moving sideways for the past month and is somewhat muted, especially if we compare it against the previous month. The much anticipated General Election and the mooted Fed rate hike has come and gone. And even though the PAP won big and there was eventually no rate hike in September, it’s still not enough to trigger the Straits Times Index to go back up to the 3,000 level. However, I have been really active lately, especially during end Aug and the start of Sep. All the shares of Spindex was sold on 24 Aug as I tried to lock in some profits. At the price of 60 cents, this is a two-bagger in the bag. SGX was also sold early in the month @$7.45 as I tried to reduce the number of stocks in my portfolio. Part of the proceeds were used to purchase 2,500 ......
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By My 15 Hour Work Week
Hi, I am Thomas (a.k.a. Mr 15HWW) and I am in my early thirties. Very happily married (very strong emphasis here), I am the co-writer behind this blog. The other permanent writer is my wife Jasmine who has written two blog post so far (good luck searching for it here). But well, her contribution goes far and deep since she thinks she is actually the mastermind behind the rest of the other post ...
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