Do you really love money?

I do not love money. There. I said it. 


All of you must be thinking that Dividend Warrior has lost it. How can someone not love money? o_O


Dun worry. I am still sane. My Dad's recent medical crisis sparked off some thoughts in me. I do not want to work until my 60s when I will be too old to pursue my dreams and interests. At the end of the day, a job is just a job. There is no reason for me to slog and sacrifice my youth over a "job". 


Cash is just paper. I do not love it. This paper has value because the government says so. Instead, I crave for the two most valuable things money can provide me. No, not super cars, private jets, condos etc.  Money can provide me freedom and time. I am craving to have the freedom and time to do whatever I want, wherever I want, whenever I want. 

All the Freedom and Time in the world!

Hopefully, my dividend re-investment plan will help me gain more freedom and time by the time I reach mid-thirties. 

Feel free to comment below. ^^



Peace Out
Dividend Warrior

My First Cheque from Nuffnang!

Yesterday, I received a cheque from Nuffnang. Even though the amount is small, I still feel a sense of satisfaction because I had put in quite a lot of effort and time into my blog. After eight months of blogging (from Nov 2010 to Jun 2011), I earned S$51.06 as shown in the cheque. In other words, I earned about S$6.40 per month from my blog. I hope to eventually achieve S$10 per month.

Next, I will like to thank Nuffnang for their efficiency. Their staff actually called me to confirm my name and address before sending the cheque. Wow! I did not expect that. 


Finally, I will like to thank all my readers for the support and encouragement. Thank you all for visiting my blog. ^^ 




Peace Out,
Dividend Warrior

Sep 2011 Dividend Portfolio Update

No.	Stock	Lots	Average Price	% of Portfolio
1	SPH	7	$3.756	23.54%
2	Starhub	9	$2.404	19.37%
3	M1	5	$2.290	10.25%
4	Singtel	5	$2.920	13.07%
5	SMRT	2	$1.805	3.23%
6	F & N	1	$5.370	4.81%
7	Capitamall Trust	3	$1.70	4.57%
8	Suntec REIT	2	$1.33	2.38%
9	Frasers Centrepoint Trust	5	$1.44	6.45%
10	AIMS AIMP REIT	25	$0.204	4.57%
11	CACHE Logistics Trust	3	$0.950	2.55%
12	First REIT	8	$0.728	5.21%

Portfolio Breakdown:
Green: Telcos (44.3%)
Blue: Conglomerates (29.42%)
Orange: REITs (22.93%)
Red: Transport (3.35%)

Total dividends collected     (since Jan 2010)	S$7,776.25
Total Invested Capital	S$111,692
Annual Dividend Yield (%)	6% - 7%
Dividends per month	S$388.80
Realised capital gain/loss (since Jan 2010)	S$5, 607
Unrealised capital gain/loss (since Jan 2010)	S$6, 463
Investment Funds	S$3,100

I decided to post my portfolio update earlier because I do not think I will be making any changes this month. For the month of September, I received S$300 from Starhub. Dividends per month dropped a little to S$388.80 as Starhub is the only company in my portfolio that paid dividends in September. Total investment funds increased slightly to S$3, 100.

Thanks to some suggestions from my readers, I have added some new data to my update. Firstly, the breakdown of my portfolio according to various economic sectors. Secondly, my realised and unrealised gain/loss since January 2010. 

Looking Forward:

Nothing new, really. I will continue to build up my investment funds while monitoring a few blue chips closely. If the prices become really, really attractive (>30% drop from its 52-week high), I will consider adding to my portfolio again. October will be an unusually lean month for me as no company in my portfolio is paying out dividends. T T

Peace Out,

Dividend Warrior