Dividend Income – February 2019

Dividend Income

My February wasn’t all fine and dandy. I received only RM1,099.48 in dividend income from two companies – IGB REIT and Axis REIT. As compared to RM1,732.06 in 2018.

That’s a 36.52% drop in dividends compared to the same month last year. The main reason being – Homeritz declared in February last year, but I received their dividends in March instead, in 2019.

Also, if you’ve been following me on Facebook and Instagram, I’ve actually sold half my holding in Axis REIT after receiving their dividends.

IGB REIT

February 2019 Dividends – RM612
February 2018 Dividends – RM1,007.99
Total 2019 Dividends – RM612
Total 2018 Dividends – RM2,865.43
Dividend Yield – 1.51%

A huge 39% drop in dividends from IGB REIT.

Axis REIT

February 2019 Dividends – RM487.48
February 2018 Dividends – RM186.17
Total 2019 Dividends – RM487.48
Total 2018 Dividends – RM1,359.45
Dividend Yield – 1.42%

A 162% increase in dividends for Axis REIT.
The REIT is back on track and I foresee future growth in share price. My reason for disposing of half of the stock is because the yields are still below par for my portfolio.

End.

Freedom Fund as at February 2019
Dividend Income (February) – RM1,099.48
Dividend Income (2019) – RM2,129.48
Dividend Yield – 0.58%

Dismal dividends for the first 2 months of 2019. Still optimistic for the rest of 2019 though!

Onwards and upwards. How has everyone’s portfolio performed?

StashAway

Meet Up

Having been watching and hearing a lot about StashAway for the past few months, I finally met up with Wai Ken and Albert Kok from the StashAway team.

I got to know more about the company itself and the team behind it. I was impressed by both the team and the technology behind StashAway. I’ll, therefore, be guiding you to opening a new account and investing in them with this article.

Economic Regime-based Asset Allocation (ERAA)

I’ve put off opening an account for a while now as I wasn’t too sure what kind of ‘sophisticated investment strategies’ the company was going to apply to my hard earned money.

They call it the ERAA. In short:
1. You determine your risk levels
2. StashAway picks the securities to invest in for you
3. ERAA will re-adjust the asset allocation to maintain your previously determined risk level

What I Like About StashAway

  1. As a retail investor, you get access to a multitude of investments from the US, Japan etc.
  2. You also pay fees only available to the big boys.
  3. Auto readjustment of your portfolio. You can leave your portfolio as it is for years and let StashAway handle it.
  4. Annual fees start at 0.8% and it goes down as you invest more

Dislikes

I found that I was unable to pick and choose personally the assets which I want to invest in. The only choice I had as an investor was to reset my risk profile and look at the breakdown of assets to be invested in.

Why? This is in StashAway’s FAQ –
Based on your risk preferences, selected goal, and current economic regime, our algorithm carefully picks the ETFs most suitable for your goal. This allows us to provide the most optimal diversification personalised to you. As such, it is not possible for a customer to handpick the ETFs or the allocation.

Getting Started

First things first, sign up at this link hERE.
Dividend Magic has partnered with StashAway to get you 50% off your fees for the first RM100,000 invested for 6 months.

Now, I didn’t have too much trouble with the account sign up. It took me about 5 minutes but I’ll guide you through it as best I can. With pics.

Step 1 – Getting Started
Step 2 – Your Email and Password
Step 3 – Your Goals and Portfolio
My Parameters
Projections for my Portfolio – I wish.
Step 4 – Eligibility
Step 5 – More Assessments
Final Step – Set up your risk profile!

My Investment

I’ll personally be depositing about RM3K to RM10K as a start.

This will be a long term passive investment for me and I’ve decided to put my money into a balanced portfolio, with a StashAway risk index of 14%.

The portfolio mix will consist of 54.5% growth assets and 45.5% protective assets.

Have any of you started investing in StashAway? How is your porfolio doing? And for those who are planning to start out, please do share the portfolio mix you’ve decided on and why.