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Wednesday 16 September 2015

Portfolio Update - Increased holdings in: OCBC Bank

Ok after monitoring the markets pretty closely, yesterday 400 shares of OCBC Bank were added at a price of $8.95. This brings my overall holdings of OCBC at 3,438 with an average cost of $9.94. This was from my previous position of 3,038 with an average cost of $10.07. Looking forward to the future dividend bounty from this position as my annual expected dividends for next year based on current yields should be around S$1,200.

I may be adding another small position later in the month so do watch this space. Markets have rallied slightly today due to the Fed talks over these 2 days. Let's watch closely on the rhetoric from the Fed on where rates are headed and all hands on deck.

Shall take a couple of days break as I have fallen ill due to the haze surrounding Singapore...catch you guys during this weekend. Stay safe and keep your masks on!

Signing Off
Transitioning Stock Investor

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