Saturday 27 January 2018

My Stocks Dividend Income For Jan 2018 And I Bought Back This Counter - Update

Stock Portfolio (Cash)

These are the companies that will be contributing to my January 2018 Dividend Income:

For the month of January, I added Capitamall Trust REIT back to my portfolio. I had previously sold off at $2.07 in Aug 2017. This is in anticipation that Funan will start to contribute end of next year. Yes. I am a bit kiasu to enter so early. Based on my purchase price of $2.04, my forecast dividend yield will be around 5.4% for the current year. This is an acceptable yield for me as CMT is a well managed retail REIT. The NAV is 1.95 so I am paying a slight premium. I am prepared to buy more should the price falls further.  

The new Funan would comprises of 2 office towers and serviced residences besides retail stores. There's even a cinema. Hopefully, Funan can make CMT great again! I would not want to miss this boat.



Update (11/3/2018): Notice there was an error in my dividend calculation for FCOT in January 2018. Total cash dividend earned for January should be $913.723 instead of  $812.187. Woohoo!


Sunday 7 January 2018

My Bitcoin Cloud Mining Result

Disclaimer: I am not a financial adviser. All investments come with risks. My blog posts are for edutainment purposes only and should not constitute as financial advises. My personal thoughts are cryptocurrencies can be volatile and we should only risk the amount that we could afford to lose.

In my previous blog post, I blogged about getting into cloud mining with Hashflare. I opened a year's contract service with them on 29th Dec 2017. 10 days have passed since then. I funded my btc mining account with USD$500. Below screenshot shows the amount of bitcoin that I currently have. The amount of daily maintenance fees have already been deducted.

Huh. $25.65 so little?

So I only received USD$25.65 worth of bitcoins after 10 days of mining? Actually no. I reinvested 4 days of btc mined into new contracts. $25.65 is for 5 days of mining that I didn't reinvest. Average is $5.13 per day. Do note the amount mined will fluctuate and it's not likely the price of Bitcoin will stays the same. 

Currently, there's around 16.8M of Bitcoins supply on the Market. There will only be 21M of Bitcoins that can ever be produced. Therefore we should try to get in as early as possible. The mining difficulty will only get higher as time passes. However, only get in if you believe Bitcoin price is going to increase over time. For those who feel Bitcoin is overpriced and it is a bubble, there's no reason to go into Bitcoin mining.

Screenshot from Coinmarketcap

If you find my blog posts useful and would like to reward me, please use the referral banner below to sign up. I would earn some referral commissions at no cost to you. I am not affiliated with Hashflare though.

HashFlare

For those who think cryptocurrency "bubble" is going to explode soon, take a look below:

Some Crypto Exchanges that carry altcoins are seeing the traffic surge that they couldn't support new clients. People are still trying to get into the Crypto Market. Have you ever seen our local exchange or stock broker rejecting new clients? 2018 is the year for altcoins and ICOs. Happy investing!