Anyway, September was a very quiet month for me in terms of my market activities as most of my attention and energy was spent at work.
My plans to purchase shares of a "global ETF", the VWRD, was also delayed as the brokage, Standard Chartered, has not granted me access to my online brokage account despite me waiting for several weeks. Looks like I have to give them a call soon.
No wonder their commision charges for trading is the lowest amongst all brokage. Gosh, their inefficiencies!
Aside from my plans for the local market, I will also be making the following moves in the global market by investing in the global ETF, the VWRD:
Portfolio updates for the month of September'15:
- $600 in cash was injected into the portfolio.
- Received dividends from the following counter which was injected into the portfolio:
Actions I will take for October'15:
- In the event that the price of STI ETF drop to $2.512, which is a 20% drop from the previous purchase price of $3.14, I will make an addition purchase of about $2500 worth of STI ETF.
- In the super unlikely event that the financial market implode and the price of STI ETF drop to $1.7584, which is a 30% drop from the last purchase price of $2.512, I will make another purchase of about $2500 worth of STI ETF.
- If the price of STI ETF does not drops to $2.512 but still remains below $3.00 until the last week of September, I will make additional purchase of about $1500 worth of STI ETF.
Aside from my plans for the local market, I will also be making the following moves in the global market by investing in the global ETF, the VWRD:
- The first tranche of $4000 will be vested immediately ONCE I HAVE OBTAIN ACCESS TO MY ONLINE BROKAGE ACCOUNT FROM STANDARD CHARTERED. Wondering if I can claim some freebies from them since their delay has cause me to miss purchasing the VWRD at my target price :(
- The second tranche of $4000 will be vested when the price of the VWRD drops by about 20% from the last purchase price, or by the end of March'16; depending on which comes first.
- The third and last tranche of $4000 will be vested when the price of VWRD drops by about 30% from the last purchase price, or by the end of June;16; depending on which comes first.
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