Let's Get Rich's Report Card - August 2015

	Name	Portfolio %	Average price ($)	Div Yield on cost
1	M1	15.56%	3.63	5.20%
2	Singtel	10.82%	3.78	4.62%
3	Raffles Medical	9.45%	4.13	1.09%
4	SATS	8.88%	3.11	4.50%
5	Parkway Life	6.69%	2.34	4.83%
6	Sembcorp Industries	6.51%	4.56	3.51%
7	Colex	6.05%	0.321	1.56%
8	StarHub	5.78%	4.05	4.94%
9	Design Studio	5.64%	0.54	12.01%
10	CapitaMall Trust	5.55%	1.95	5.59%
11	Vicom	4.31%	6.04	4.35%
12	Sheng Siong	3.69%	0.68	4.48%
	UOB	3.29%	23.05	3.90%
13	DBS	2.54%	23.06	3.38%
14	Old Chang Kee	2.48%	0.87	1.73%
15	SIIC Environment	1.43%	0.20	0%
16	Thai Beverage	1.32%	0.46	3.69%

Expected Annual Dividends: $3,054 ($254/month)

Dividend Yield: 4.36%

Expected annual dividends and yield dipped slightly as I've divested a partially on SATS.

Why?

I've realised the gains on SATS (at about 20%+) by selling a partial stake of SATS, which used to be my largest holding. I'm glad to be able to sell at a higher price before it finally decline with the general market.

Although I'm a huge advocate of holding stocks for long term, this move was made in order for me to free up some cash for my new purchases. I believed that the market was going to fall further given the fundamental weakness in the world now.

How long will the stock market remained low? I've no idea. But I have a hunch that this will not be a short instance. China's PMI is slowing down and it affects a lot of the world's economy.

New purchases

Colex. I finally bought some Colex, this is despite Colex registering a strong half-year result and the price barely nudged upwards. Instead, it fell lower and I felt that it was a great opportunity to scoop some Colex.

DBS. I've bought DBS because I felt the price was fair. I was deciding between UOB, OCBC and DBS (all so yummy!!!) but I went for DBS instead. If only I had a bigger war chest ready for this buffet session.

Pace yourself and stick to the plan

I'm still pacing myself in purchasing stocks. CMT, PLIFE, 3 banks, Singtel are all on my watch list and many have already hit very attractive prices. However, I'm taking my pick and pacing myself in case there's further decline in the stock market.