Wednesday, 1 October 2014

My Investment Journey Update: October 2014

Time flies when it's a busy month! It's October in the blink of an eye!

As usual, on the first of every month I take a look at my investments thus far and make the necessary adjustments.

This month, having spare cash on the side, I invested into Nikko AM STI ETF as well as Vanguard S&P 500.

Noted that the Nikko AM STI ETF price fell by a modest amount. Good for me. Still waiting for the order to be filled.

If I had begun investing last year, I would have received dividends from Nikko AM during the month of October. Sadly, they changed their date to July 2014  which would make the next dividend payout in the month of January 2015.

Speaking of January 2015, I am looking forward to the decreased amendment in board lot and might consider not investing for the next few months but instead saving up for the year to come. I'll see how it goes.


Another dividend to expect this month, may be the ABF SG Bond Index Fund.


Till next month then!

Signing off,
Teenage Investor

2 comments:

  1. Hi TI,

    new to index funding, I was reading this
    http://www.investmentmoats.com/money-management/dividend-investing/how-to-calculate-dividend-withholding-taxes-on-us-adrs-for-international-investors-my-experience-with-telefonica/

    I read that there are taxes (30%?!?!) for investing in funds on NYSE but i see that you have placed your spare cash on vanguard S&P500. while the expense ratios for vanguard are low, by your calculations, is it still worth it for Singaporeans who start small (<$1000 per month)?

    clovis

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    Replies
    1. Hi Clovis, may i know where the information for 30% taxes come from? So far, I have not been taxed 30%. I feel that it's worth it :)

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