Nothing noteworthy comes to mind for the month of July except for the famous Facebook earnings plunge (not that I’m invested in Facebook or anything). Other than that, it’s been a pretty smooth month. Haven been trying to get down to my photo editing for my family trip since May… OMG, I’m a procrastinator!
On the other hand, I’ve recently taken on more tasks in the various committee I am involved in. I’ve also restarted reading financial books (opening a book and reading usually cause me to sleep almost immediately).
In my SG account: I picked up some SBS Transit in July after they had a drop and most importantly, they fit my criteria of increasing dividends, net income and cash flow. What’s not to like about the only other public transport company other than SMRT which have been privatized.
No dividends collected in July but I’m expecting some from AA REIT, SBS and Lippo REIT in Aug though.
My current SG Cash holdings include:
1) ACCORDIA GOLF TRUST
2) LIPPO MALLS INDO RETAIL TRUST
3) AIMS AMP CAP INDUSTRIAL REIT
4) SBS TRANSIT
Overall capital gain: -2.30%
Overall P&L with dividend: +9.61%
In my US account: I had to do another repair on gold in July because of the downtrend. As of now, the position is still in progress and will only expire in Sept. That said, my S&P and crude oil contract were closed early because the contracts achieved a >80% return. I retook some positions in S&P and crude oil after that.
So far, I’m holding positions in crude oil, S&P and gold expiring in Sept and Oct.
Disclaimer: This is not a recommendation to buy or sell any mentioned stocks or securities in this blog.