Author Topic: 888 experiment.  (Read 21576 times)

Nivek

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Re: 888 experiment.
« Reply #15 on: September 08, 2016, 04:47:39 pm »
Swings and roundabouts. Good to see the update, have you compared the overall return to the JSE as a whole?

Mr_Dividend

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Re: 888 experiment.
« Reply #16 on: September 08, 2016, 05:04:19 pm »
good point. All share is up 7.83% so not great.

That said, the idea was for income - and it's scoring on two of the 8's ( over 8% dividend yield and growing that dividend at 8% a year).

so not all a loss.  ;)

JohnnyH

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Re: 888 experiment.
« Reply #17 on: October 27, 2017, 03:18:48 pm »
1 st year completed

Divi received - R7734. So around 8.4%
Unfortunately - capital has taken a bit of a hit, value is now R83946 - a loss of R7936 - was worse a month or so back. All in the red bar Fairvest (even) and Mara Delta in the green

So all in around even at the moment,

On the bright side they are all growing dividends well - and pretty happy with my choices. Pity I  did not buy them a few months later - would have got 10% bang for my buck.

Another year has passed  ;D

I would like to know if this worked out for you to date?

Mr_Dividend

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Re: 888 experiment.
« Reply #18 on: October 28, 2017, 11:41:58 am »
Well - not quite living up to expectations to be honest. Have not sold any - in fact, have added on to a few of them (TEX, FVT and Mara, now called GRIT). No capital growth - in fact fallen a bit further, to R81K. On the dividend growth - not great there ether. Going to this of the top of my head - but it will be in the ball park.

Received around R8473 in divi's - most did not grow this year, just FVT to be honest.

So after two years I would be in the black with two years of dividends collected  and R8473 on my original R92K for the year is not bad- that's the glass half full....

But failing badly on 8% + 8% capital growth!
Thumbsucking, but probably have had 8% (not 16%) dividend growth. So failing,but considering the economy ok with that.

But happy to wait - and collect my dividends. I really do concentrate on what the dividends are (and growth or lack of) - for me,  a lower price is just a better a yield (hopefully).  I treat them as if I had bought a physical property - not to be sold.

BTW, thinking about it - in another way, it has been a resounding success. In the two year since I sold that bakkie I remember using my bike on one occasion - where i needed the car as well as my wife needing the car. And it would have been a 5 minute walk! In the last two years I would have had to service the car once (even if the millage did not require it) say R1500 plus insurance (24 x R300) - R7200 - so R8700. Instead, have been splitting insurance and services with my wife. And of course, after two years, there would have been more capital depreciation on the bakkie - more so, anyway, that has happened on the shares  :whistle:




« Last Edit: October 29, 2017, 07:29:44 am by Mr_Dividend »