Updates for Jan 2019

笨mummy starting to feel the impact of the “peak” at work as she took over more cases from her colleagues who are away on secondment at clients’ place. January just went by like a flash and Chinese New Year is coming. She has no time to even go to SGX website to check on the price of her holdings and those stocks on her watchlist. . 

The only stock action 笨mummy took wasto sell her balance holding of M1 on the open market at $2.08 instead of waiting for the GO. Overall, she has lost a significant amount even after accounting for dividend. On hindsight, she regretted not selling the shares in the past when the price hit $3.90 and continue to hold all the way till now. It is a good lesson to her to not let emotion rule the thought process and also dividend yield is not everything. One can learn to ride the up and down of share price. 

This brought about two thoughts in 笨mummy’s head: 

1) should she buy back M1 at a lower price when the GO did not go though? The price of M1 was trading around $1.60 before the GO was announced and pushed the price back to the $2.08 to $2.10 range. Assuming the dividend yield remains, the price of 1.60 seems to give a relatively good yield. 

2) since the price of some of the REITs that she owns went up significantly this month, shld she ride the up trend and offload some and wait for a down trend to pick up these stocks . 

Maybe this Chinese New Year is a good time to ponder over the above 2 thoughts she has. 

Dividend received in Year 2015	S$ 8,978.59
Dividend received in Year 2016	S$ 12,145.15
Dividend received in Year 2017	S$ 12,964.44
Dividend received in Year 2018	S$ 14,709.91
Dividend received in Jan 2019	S$ 0
Dividend received in Yr 2019 to date	S$ 0