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Saturday, November 29, 2014
Tuesday, July 22, 2014
A Little Inspiration from Warren Buffet on Index Investing
Chanced upon BERKSHIRE HATHAWAY INC., Chairman's Letter dated 1996. That's almost 20 years ago! Some words of wisdom here -
Let me add a few thoughts about your own investments. Most investors, both institutional and individual, will find that the best way to own common stocks is through an index fund that charges minimal fees. Those following this path are sure to beat the net results (after fees and expenses) delivered by the great majority of investment professionals.
- Warren Buffett
Thursday, May 1, 2014
Nikko AM STI ETF Enhances Index Tracking Precision
The Nikko AM STI ETF is now tracking the Straits Times Index on a total return basis rather than a price return basis. The investor experience will remain the same as dividends continue to be distributed on a semi-annual basis.
The change will provide a better reflection of how the fund manager is managing the portfolio and thereby imply better tracking precision.
Dividends are an important aspect of investing. Stock and ETF investors can reinvest dividends in order to earn compounded returns or bank their dividends as an additional source of income.
Over the ten year period ending 2013, dividends provided approximately one-third of the STI’s total returns which amounted to approximately 9% on an average annualised basis.
Thursday, March 20, 2014
SGX to Roll Out New and Revised Order Types for More Flexible Trading 31st March 2014
Investors will be given greater flexibility to execute their trades, when the Singapore Exchange (SGX) rolls out new order types for securities from March 31.
One of the proposed changes would allow investors to execute market orders and market-to-limit orders throughout the day's trading session.
One of the proposed changes would allow investors to execute market orders and market-to-limit orders throughout the day's trading session.
Thursday, January 2, 2014
Happy Index Investing in 2014
A feeling of deja vu. The Straits Times Index ETF roughly ended the same way it ended 2012, at $3.21.
As a real life case study, I have bought around 1,400 shares for Nikko AM STI ETF100 (G3B), at an average rate of roughly 100 shares each month. The average cost per share (excluding trading expenses) currently stands at S$3.2486, a little over a cent and a half higher than the price now (S$3.23) as I’m writing this post. Dividends collected came to a grand total of S$71.50 for 2013.
This is not Dollar Cost Averaging. I would have preferred to DCA, but we will have to wait for the Singapore Exchange (SGX) to reduce the standard board lot size to 1 unit before it is possible. Let’s keep our fingers crossed that we would be able to trade in lots of 100 units by this year, and in single units by 2015.
As you can see from my purchase log, I’m not too particularly about when I make the purchase in the month. Start of the month, end of the month, middle of the month – I’ve done it all. Heck, I’ve even forgotten during a month or two. As long as I have the discipline to stick my program, I’m guessing everything will average out over the course of my investment lifetime.
Here’s wishing you a Happy New Year! While wealth is important, there is nothing more important than good health, and happiness. May you have plenty of these two!
As a real life case study, I have bought around 1,400 shares for Nikko AM STI ETF100 (G3B), at an average rate of roughly 100 shares each month. The average cost per share (excluding trading expenses) currently stands at S$3.2486, a little over a cent and a half higher than the price now (S$3.23) as I’m writing this post. Dividends collected came to a grand total of S$71.50 for 2013.
This is not Dollar Cost Averaging. I would have preferred to DCA, but we will have to wait for the Singapore Exchange (SGX) to reduce the standard board lot size to 1 unit before it is possible. Let’s keep our fingers crossed that we would be able to trade in lots of 100 units by this year, and in single units by 2015.
As you can see from my purchase log, I’m not too particularly about when I make the purchase in the month. Start of the month, end of the month, middle of the month – I’ve done it all. Heck, I’ve even forgotten during a month or two. As long as I have the discipline to stick my program, I’m guessing everything will average out over the course of my investment lifetime.
Here’s wishing you a Happy New Year! While wealth is important, there is nothing more important than good health, and happiness. May you have plenty of these two!
Wednesday, November 6, 2013
Celebrating 12 Months of Index Investing – Free Book Giveaway
I have moved! All present and future blog content have been migrated over to The Turtle Investor. All content on this blog will still be kept here, just that most updates will now go to my new blog instead.
The new website will contain content from my blogs relating to investment, personal finance as well as alternative income. See you there!
- The Turtle Investor @ www.turtleinvestor.net
The new website will contain content from my blogs relating to investment, personal finance as well as alternative income. See you there!
- The Turtle Investor @ www.turtleinvestor.net
To get a chance to win Free Book Giveaway (click here), please visit my new blog =)
Friday, October 11, 2013
Nikko AM STI ETF Highest Dividend Yet
Based on the latest information from SGX.com, the upcoming dividend payout from Nikko AM STI ETF (yes, they pay dividends if you didn't know) is the highest ever. Looking at historical data, Nikko AM STI ETF has traditionally lagged behind SPDR STI ETF when it comes to dividend payouts.
Nikko AM STI ETF
October 2013 - $0.045
May 2013 - $0.035
October 2012 - $0.035
May 2012 - $0.030
SPDR STI ETF
August 2013 - $0.045
February 2013 - $0.040
August 2012 - $0.040
February 2012 - $0.055
If you have been monitoring Nikko AM STI ETF prices, you might find it interesting that on Ex-date (Thursday, 10-Oct-2013), the price promptly dipped by the dividend amount to $3.18 together with a massive volume of 1,219,800 shares changing hands. This is considered a huge deviation from the norm because the daily average volume (past 3 months) is only 79,000 shares.
Happy Indexing!
Nikko AM STI ETF
October 2013 - $0.045
May 2013 - $0.035
October 2012 - $0.035
May 2012 - $0.030
SPDR STI ETF
August 2013 - $0.045
February 2013 - $0.040
August 2012 - $0.040
February 2012 - $0.055
If you have been monitoring Nikko AM STI ETF prices, you might find it interesting that on Ex-date (Thursday, 10-Oct-2013), the price promptly dipped by the dividend amount to $3.18 together with a massive volume of 1,219,800 shares changing hands. This is considered a huge deviation from the norm because the daily average volume (past 3 months) is only 79,000 shares.
Happy Indexing!
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