Author: CoryLogics

Cory Diary : Why are we trying to beat the system ?

Apartment loan When I bought my apartment years ago, I wanted to have more cash flow therefore decided to tap of CPF OA. By then I have some knowledge on Good Debts.  Fast forward now, if I have to go through this again today, I would have leave CPF alone. First of all the amount I tapped is just 5% of the housing value. The hassle is not only unnecessary, and if the amount is to be compounded, I would have less saving in total as I need to pay myself the CPF interests that has been borrowed. In...

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Cory Diary : Saving Rate

PrideAlways pride myself about personal saving because I don’t really have to plan for it. Being an engineer before, I always have a better gauge feel of manufacturing cost and the quality of the product before I buy. Even after,  I will still think for a while. I would take a walk around the shop or do something such as striking a light conversation with the sales. Interestingly, I would often decided not to buy after. Quite a number of times I found the specs are not to my expectation. Another major reason is I dread of another thing...

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Cory Diary : Passive Income Plan with recent volatility

STI Index has corrected about 10% this year. From 3402.92 on 29th Dec’17 down to 3069.17 last friday. Yield improved from 3.3% to 3.68%. For people who invest now, that’s $3,380 more dividends for a million dollar portfolio in STI Index. I would be celebrating on the increase value.We can said similarly for Reits as well. While existing investors are still nursing capital loss this doesn’t really matter as long the investment is stable type because the price will return long term. If is not, and fundamental yet change in the company performance, this shouldn’t be bad anyway. My...

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Cory Diary : Picking up new hobby – Air Plant

When we are planning for retirement one of the thing we have in mind is what we are going to do with the rest of our time after as managing our portfolio do not really takes much time. Well, we could continue to work till we can’t but at the meantime that doesn’t mean we can’t try out what is like. One of the first thing I did is to move to a more peaceful location. Further out from the central. Life is certainly much quieter. Air Plants below Aquarium Lighting Coincidentally last week I was in the flower...

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Cory Diary : CapitaMall Trust and WestGate

Manage to sit down and do a quick read on the circular regarding the acquisition of Westgate.   One of the key variable provided is the gearing dependency on Debt funding ranging at 70%, 85% and 100%. Gearing shifts from 31.5% to 34%, 35% and 36% respectively. What is more interesting is the DPU gains which increase from 11.16 cents to 11.18, 11.25 and 11.33. So the most will be 1.5% increase in DPU. Another to know is the interest rates used to compute the above is 3.25% for the additional debts. For a 3.5% it will be about...

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Cory Diary : Reits 2018 Updates

Started writing on this last Friday night and then i broke off from my usual routine to finish it in one go. Too many things going on in my mind recently. One of them is work where we need to plan for mitigation plans due to tariff. Is sure going to be more costly for Americans but considering the significant amount of jobs created, looks like it could be a net plus for average folks. I will be expecting companies to start to move some of their production at least to other countries to reduce their cost from operating...

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Cory Diary : Radar Chart 2018-0920

There are currently 24 stocks in my portfolio. Reit/Tr allocation about 51%. They help to support the portfolio yield to 4.7% at least for now. Probably 5% if we includes the US stocks tracked here. Hardly need to monitor many of my stocks in the portfolio now. Primary focus or should I say most of my investment time spend is for new stock, and for the 9 Reit/Trusts for special announcements other than counting dividends received. haaaa     Keppel added. Sold ST Engineering on sudden spike. No longer vested in Sheng Siong. Has seen awesome returns for the...

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Cory Diary : PRC Market Crash 2.0

Shanghai Composite Index closed 2702. The last time we see this level was in 2011. Trade War certainly takes it tolls on them while DJIA is at the opposite 26,000 high range. STI Index is impacted as well. The last time this happens  was in 2015 when PRC market crashed. So if PRC market decides to have major shake up next time, I should know what to do. Don’t blur for the 3rd time … well I dunno  :) That’s the risk of market. We just have to manage it. Now, if STI index is to pickup, where should...

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Cory Diary : Update on Trades 2018-0908

Singapore Saving Bond Plan to apply for another switch in Singapore Saving Bond ( SSB ). Can’t help it as is more than 20% up from a year ago. As last time, I expect the switch to be quite straight forward. Recall the bond I want this month and applied for the coming one same time. Unless we see significant jump in interests from SSB, this should be the last batch near term. OCC 5.1% NCPS Yes, it has been recalled. Vested in this for 7 years of varying amount. Total return is about 15k. It will take some...

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Cory Diary : Update on Trades 2018-0908

Singapore Saving Bond Plan to apply for another switch in Singapore Saving Bond ( SSB ). Can’t help it as is more than 20% up from a year ago. As last time, I expect the switch to be quite straight forward. Recall the bond I want this month and applied for the coming one same time. Unless we see significant jump in interests from SSB, this should be the last batch near term. OCC 5.1% NCPS Yes, it has been recalled. Vested in this for 7 years of varying amount. Total return is about 15k. It will take some...

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Cory Diary : Investment in Personal Time

One of my team member’s father passed away yesterday in his office. We were in shock as his father is only 53. The primary cause speculated was Work Related Stress. While we strives for higher income or financial independence, first rule of investment probably should be to make sure we can take care of our family and ourselves well. And this kind of capped our limit on how much we can push our goals. However we must never lose sight of healthy lifestyle. Investment in our own personal time is equally important. Just recently my team scored above 90%...

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Cory Diary : A Chat with my Wife on financial planning

I have some chats with my wife on family financial planning. Here’s how it goes. Innocence Cory : In 2 years time I would have 60k passive income. That should be enough to cover our annual expenses without touching my principal. That’s exclude yours as well (Hinting : I could quit anytime … ) Stressed Wife : Where got enough. How about your housing loan ? Baby how ? Parent allowance leh ? I want to go Europe. I think our home is too small. My parents also need to be cared. (Hinting : what ?! ) Innocence Cory...

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Cory Diary : HDB Logics

Once I did a rough compounded computation of my parent HDB apartment if they were to sell it after interests payment. That’s 5% compounded over 30 years excluding the saving from the occupancy. So to cut it short, HDB Singaporeans benefits significantly from it from financial standpoint. One of the best investment vehicle nation wide. Nevertheless is a social policy and there are restrictions. Regardless, the net benefit is much more else 80% would not have stayed in it. I have hear many opinions so far and Cory today is trying to decipher them. What’s the alternative ? Most...

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Cory Diary : Managing Risk and Goal update 2018-0819

Every investment has risk. In a theoretical situation if we lose a portion of our money into a few risky bonds or shares, we just need one to fail and there are good chance we will retard our financial freedom by years. If we could lose a large portion, then it maybe better not to do anything as this could severely impact our financial situation. Why ?   Currently Singapore Saving Bond is about 2.4% long term guaranteed for 100k limit, Bank deposits range 1% and CPF about 2.6% – 5% for now with specific restriction and benefit applies....

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Cory Diary : Cruising Mode P5

It has been a month since my last update on my portfolio performance. I am excited to report it because it comes a long way of recovery against STI. More like STI dancing around me. Why ? At this point in time, for STI to catch up there will be few scenarios. One potential is DBS comes backup. With my greater exposure in STI Index plus having WFC, and OCBC. I would be happy it does. The other is O&G recovery. I have no good feel of this industry. The only buy I would seriously consider is Keppel which...

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