I made a sell transaction on Thurs 26 Oct 2017. As I have mentioned before on the blog, I am in the process of restructuring our investment portfolio to make it simpler. There was no particular reason other than a recent price run-up and it’s after the ex-dividend date. Which means I can still receive the latest distributions.
Name: Keppel REIT
Number of shares sold: 4,100 (Entire amount)
Sale price: S$1.185
Net proceeds: S$4,845
Realised profit excluding dividends collected: S$450 or 9%
Realised profit including dividends collected: S$900 or 18%
It’s a decent profit and beats the unrealised profit performance on our ETF portfolio. As I start to sell some of our shares to realise the profits, I get stuck with our remaining shares with unrealised losses. Especially our big loss-making positions in the telecommunications and oil & gas industries. Terrible moves by me and I’m hoping I can recover some of these losses over time.
The cash injection from the sale proceeds should get re-invested next month into our ETF portfolio and robo-advisor accounts. I just realised how evenly we have been hedging against the economy moving in either direction. We auto-save S$3,000 into the DBS PAYE bank account and auto-invest S$3,000 into ETFs and robo-advisors every month. That’s probably why our asset portfolio allocations haven’t been changing as much despite increasing our monthly investment level.
Anyway, I have recently split out a sum of money that used to be held in 1 bank account into 3 cash buckets held in 3 separate bank accounts. Interest income to be received will go down slightly from this new arrangement. But I figured it was better to have more segregation between the cash holdings so I know specifically which groups to draw on depending on the need. Whether it’s for spending, investing or emergency.