Sunday, December 25, 2011

Added Positions to PLDT & Meralco

I deposited more funds to my account to boost the average yield. As a result we are currently at P25,992 annual cash flow or P2,166 per month.


I bought 2 new stocks as well, AGI and GLO.

Why did I bought Globe where I already own PLDT stocks. Aren't they competitors? Sure. If an investor is in a horse racing event, which horse will he bet? The answer is, all the horses. Even though each horses are competitors, a wise investor will bet on all the horse so there is no risk. The returns are average (on capital gains) but we are going for the dividend and less risk, if in case 1 horse lowers their dividend. :)

I am enjoying the journey thus far. Its fun to pick stocks and looking forward. Its like planting a tree. You only have your first seed, so you won't be earning as much, but once your first tree flourished and produced more seeds, compound interest will take its course. I can't wait to see my tree bear fruit that I can replant.

Overall Annual Cash Flow: P25,992

No comments:

Post a Comment

The Year End Report Passive Income

The amount of passive income I received this year amounted to: - Stocks & Investments : 413,907 - Passive Business : 144,000 - Renta...