Author: Azrael's Financial Cents

An Idea on Helping my Dad Make His Money Last Longer during Retirement

This is actually a short proposal to my dad on extending his retirement savings by investing it. He has two concerns, namely: Wanting to pass on as much wealth to the next generation Yet having sufficient funds to cover his retirement where required The solution needs to be passive/hands-free except when withdrawing, as he is not interested in active management. Might be looking at lump sum instead of a regular savings plan for about 10 years before the drawdown starts. I also have to find something hassle-free and low cost as fees would eat into the funds available. In...

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Portfolio Transactions Update (January 2020)

Updates for my portfolio for January 2020 Still need a lot of work on my portfolio watch list (I am relying on a few subscriptions right now). I am still working on something on the side (I am still doing the calculations). Buy Dairy Farm International at 5.7ReasonsI agree with my friend’s writeup here.It is a small position compared to the rest, so let’s see how it plays out. Buy Lion Rock Group at 1.15ReasonsAveraging down after 15% from my last entry.Well, that’s all for my money right now. The recent market fall from the Wuhan Coronavirus is exciting!...

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2019: A year in review

Sorry for the late post as I was busy with stuff. Thought I’ll do a review of 2019. On my personal finances  Achieved investing savings target of 24k/yr, achieved 30.1k.Total savings achieved after everything else would be 35.9k.  It is lower than last year despite a higher savings rate (~10% drop) because of many replacement costs plus a new console (and buying for the family). These are one-off expenses so we do not expect these to appear next year. Still focusing on how to allocate every dollar well. This year I increased net profit margin from work from 57.7%...

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2019: A year in review

Sorry for the late post as I was busy with stuff. Thought I’ll do a review of 2019. On my personal finances  Achieved investing savings target of 24k/yr, achieved 30.1k.Total savings achieved after everything else would be 35.9k.  It is lower than last year despite a higher savings rate (~10% drop) because of many replacement costs plus a new console (and buying for the family). These are one-off expenses so we do not expect these to appear next year. Still focusing on how to allocate every dollar well. This year I increased net profit margin from work from 57.7%...

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Portfolio Transactions Update (December 2019)

Updates for my portfolio for December 2019 Still need a lot of work on my portfolio watch list (I am relying on a few subscriptions right now). I am still working on something on the side (I am still doing the calculations). Work has been rather stressful and busy recently with little to no time to watch over the markets. Buy Silverlake Axis at 0.4ReasonsI averaged down again to increase my portfolio weighage due to other positions.Sell PSQ 29 Calls at 0.15ReasonsContinuing to reduce losses my selling Calls to breakeven, still kinda far away though, a potential bull market...

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Portfolio Transactions Update (December 2019)

Updates for my portfolio for December 2019 Still need a lot of work on my portfolio watch list (I am relying on a few subscriptions right now). I am still working on something on the side (I am still doing the calculations). Work has been rather stressful and busy recently with little to no time to watch over the markets. Buy Silverlake Axis at 0.4ReasonsI averaged down again to increase my portfolio weighage due to other positions.Sell PSQ 29 Calls at 0.15ReasonsContinuing to reduce losses my selling Calls to breakeven, still kinda far away though, a potential bull market...

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Portfolio Transactions Update (November 2019)

Updates for my portfolio for November 2019 Still need a lot of work on my portfolio watch list (I am relying on a few subscription services right now). I am still working on something on the side, but I recently found out that my calculations were completely wrong. Imagine weeks to a month or two of work, gone and back to ground zero. Damn sucky I say. Hope it is done by the end of year. Work has been rather stressful and busy recently with little to no time to watch over the markets. Buy Eagle Hospitality Trust at 0.475ReasonsI decided...

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Portfolio Transactions Update (November 2019)

Updates for my portfolio for November 2019 Still need a lot of work on my portfolio watch list (I am relying on a few subscription services right now). I am still working on something on the side, but I recently found out that my calculations were completely wrong. Imagine weeks to a month or two of work, gone and back to ground zero. Damn sucky I say. Hope it is done by the end of year. Work has been rather stressful and busy recently with little to no time to watch over the markets. Buy Eagle Hospitality Trust at 0.475ReasonsI decided...

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Investing my CPF OA with Endowus

Previously, I was talking about maximising my CPF OA returns using Professionally Managed Products such as unit trusts, you can read it here on why they increase your overall returns rather than investing solely 35% of the OA on your own. That being said, I am taking a hybrid approach where I reserve 35% of my OA as a warchest for crisis investing while investing the rest over the first 20k. I hope it maximises my returns. Today, I show you how I invest my CPF OA using Endowus. If you would like a hands-free approach (which I guess...

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Investing my CPF OA with Endowus

Previously, I was talking about maximising my CPF OA returns using Professionally Managed Products such as unit trusts, you can read it here on why they increase your overall returns rather than investing solely 35% of the OA on your own. That being said, I am taking a hybrid approach where I reserve 35% of my OA as a warchest for crisis investing while investing the rest over the first 20k. I hope it maximises my returns. Today, I show you how I invest my CPF OA using Endowus. If you would like a hands-free approach (which I guess...

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Using Professionally Managed Products to Maximise Investing for CPFIS

I think for many bloggers who do DIY (Active) Investing like myself would prefer to invest using 35% of their CPF-OA over passive investing. I am a proponent of DIY investing as it keeps costs low, despite a steep learning curve, it does give me some satisfaction. However, for the CPFIS, I lean towards passive investing using professionally managed products which allows you to use all OA funds in excess of the first 20k. Reason being is that considering my historical performance of 7-8% compounded or even REITs which could yield perhaps 12% compounded, blended with the remaining 65%...

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Using Professionally Managed Products to Maximise Investing for CPFIS

I think for many bloggers who do DIY (Active) Investing like myself would prefer to invest using 35% of their CPF-OA over passive investing. I am a proponent of DIY investing as it keeps costs low, despite a steep learning curve, it does give me some satisfaction. However, for the CPFIS, I lean towards passive investing using professionally managed products which allows you to use all OA funds in excess of the first 20k. Reason being is that considering my historical performance of 7-8% compounded or even REITs which could yield perhaps 12% compounded, blended with the remaining 65%...

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Portfolio Transactions Update (October 2019)

Updates for my portfolio for October 2019 Still need a lot of work on my portfolio watch list (I am relying on a few subscription services right now). I am still working on something on the side, but there seems to be some issues I have to resolve. Hope it is done by the end of year. Work has been rather stressful and busy recently with little to no time to watch over the markets. Makes me wonder why am I doing this as well, I guess working for money has such issues. Let’s see how everything goes. Sell PSQ 33...

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Portfolio Transactions Update (October 2019)

Updates for my portfolio for October 2019 Still need a lot of work on my portfolio watch list (I am relying on a few subscription services right now). I am still working on something on the side, but there seems to be some issues I have to resolve. Hope it is done by the end of year. Work has been rather stressful and busy recently with little to no time to watch over the markets. Makes me wonder why am I doing this as well, I guess working for money has such issues. Let’s see how everything goes.Sell PSQ 33 Calls...

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My Wonderful Experience Purchasing insurance from Moneyowl DIY

I have been wondering how using MoneyOwl is like. I was reviewing my own insurance portfolio and wanted to switch one of my plans. So knowing what I wanted I jumped straight to it. You can see the different kinds of insurance sold here. What annoys me is that MoneyOwl, even after I create an account with all my personal information, it doesn’t save your birthday. I have to re-click the dates again when I want to change certain filters to have a look. So here are the plans listed, Aviva is at the bottom (my screen isn’t big...

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