
Another month, another portfolio review.


Performance Indicators / Dividends
- YTD Time weighted return: 4.49%
- Dividends collected: $2,767.12
- Upcoming Dividend Receipts:
- Yuexiu Transportation Infrastructure: HKD 900
- AA REIT: SGD 150
- Visa: USD 11.76
Commentary
A month of milestones
The past month was a month of a few milestones – turning 30 and revisiting an old goal, scaling new heights in portfolio value and today, 1 year of financial blogging. My first blog post was a porfolio review as at August 2017 1 year ago and I’ve enjoyed writing for the past year. I’ve always enjoyed writing articles back in school and I’m glad I’ve a topic that I’m passionate enough to write about. Hopefully you guys learnt something in the process.
Monthly Performance
August was a pretty decent month, $2k of capital gains, $2k of cash injection and $1k of dividends brought the portfolio value up to $134k, yet another new record. Capital gains were largely driven by Frasers L&I Trust, Visa Inc and SingTel. There was only 1 new buy this month, Tencent Holdings, which I bought into weakness following their recent earnings report. My write up on the company is here. China stocks will continue to be volatile following the trade war and for Tencent, government regulations over video games. However, price volatility in Chinese / HK stocks is also what makes HK stocks increasingly attractive now, something which I’m watching really closely.
Health is wealth
My company has its annual charity month in September and I’ve been committed to complete 100 miles of walking/running/cycling/swimming for whole of the month for charity. That’s a whopping 5+ km per day! Since I’ve been volunteered for this, I thought its a good time to start exercising regularly to lose weight. So going forward, I’ll be writing more about my weight as health is wealth.
Here’s to an awesome sprint to the end of the year.
Happy Hunting,
KK
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