Author: CoryLogics

Cory Diary : Dividend Report 2018-1218

With Singtel Ex-dividend today, Year 2018 dividend probably comes to a closure. Excluding CPF, Pension, SSB, US Markets, FD and Treasuries,  this year dividends totaled $46, 551. If we are to compute all the similar dividends received since tracking from Year 2005 is $272,207. For Year 2019, with minimum S$45K planned, we will exceed S$300K comfortably. Hitting S$50K annual is possible. The far stretched goal is $55K now. Keep in mind with then new higher $200k limit in SSB, I may have lesser cash injection for 2019.   The investment map did change from prior year for some quite...

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Cory Diary : Investment Updates 2018-1215

Trades SSB Switch Redeem SSB batch starting 1% rate for 2.01%. And a higher 2.45% effective rate. First Reit Reviewed First Reit investment for all the years and it still in good positive despite losses this year. If the sponsor sold off remainder of the 10%, the skin in the Reit doesn’t appear to be good. Is not like they have a lot in the first place. Spending too much time on this drama for me to follow through so I thought it maybe better for me to move on. As it look like the rebound has stabilized, decided...

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Cory Diary : Bubble Chart 2018-1214

Just drawn up this chart. Pretty exciting on the new look of my portfolio. They looks like planetary system. The vertical axis is the Profit/Loss from the investment. The horizontal axis is the estimated dividend yield of the counter.The bubble size is the investment size. There are 3 dividend exceptions which belong to US Market that I do not track therefore zero out. Take me some time to get the labels and colors right due to overlapping. From the chart, I can tell CMT has a run away whereas Singtel tanks. Maybe that’s why I start partial profit taking....

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Cory Diary : Investment Tracker 2018 – 1209

General Plan Still in the process of fine-tuning my portfolio for 2019. Like to plan for at least S$45,000 dividends and then try to push them higher up during the course of the year if possible.That’s mean reserving specific amount of warchest. I am also trying to minimize any potentials mines through re-balancing of profitable counters and getting my portfolio to be more robust. Once is all done, hopefully I can present my updated counters in later articles...

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Cory Diary : Does NAV really Matters in Dividend Investing ?

Often I hear people uses NAV to gauge investment merits. Is a good metric but should never be the only imo. This is based on my personal experience and logic. NAV is only meaningful if the underlying assets is not as productive as we think it should be and the valuation of the company is rather complicated to understand. In dividend investing, especially reits, the business typically is the property income and the DPU. There aren’t rocket science needed. Many reits today publish investor reports. We have good enough information. Ofcourse is still skew towards what Management like us...

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Cory Diary : Asset Tracker 2018-1201

One more month to year end. I am glad this is going to be over soon. It has not been a profitable market considering the rich valuation we seen with the yield. So the good news could be there is no significant impact to my portfolio. I am 49. I wish I could say at 55 I would really shout that is it ! I am on full retirement. That will be a goal to achieve but not something I would really do. Anyway, cut it short. Here’s my chart...

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Cory Diary : Preparation for 2019 Portfolio

We are near to end of year. While I am still hopeful for break even this year, there is good chance 2018 is negative to most investors on average. While everyone is still busy bandaging your wounds, I think we should at the same time prepare ourselves for 2019. Portfolio is about managing risk Re-Balance : Reduced 25% in CMT in earlier blogging. This is due to good run-up to minimum expectation. I wish it could do more but I can settle with remaining 75% shares as they give good dividends even at this level. Clean up : I have...

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Cory Diary : Reits 2018-1122

Reits have been stable as a rock generally despite increasing rate. However, not so this week for First Reit. If we remembered, I have cut First Reit exposure twice. If I remember correctly, once before and after a Guru posted on his sales. First Reit However I still hold some significant amount of First Reit for diversity of income from Reits. One of the main reason it was sold down is due to rating issue. However my thought is that Lippo is not fly by night company. Secondly on a quick glance, the hospitals are doing financially ok (...

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Cory Diary : Shopping experience 2018

I’ve been on relatively long US Business trip this time. Almost 2 weeks. Only manage to do a single trade to reduce my exposure to First Reit further. With some good amount of cash raised, I am looking for quick opportunity. Looking forward to next month year end bonus as well. Well, what I like to talk mainly about in this article is about spending. I have my suitcase full from shopping on this latest trip. Hopefully I got sufficient saving for the spending effort. haha Ordered a Dyson Vacuum Cleaner (Cord) … US$249. Multi Ball 2 for my...

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Cory Diary : Market Rout

Many investors have a bruising week and so do I. This year is slightly worst because my OCC 5.1% got redeemed which means lesser buffer. The other is my US Stocks though just small percentage, aren’t doing so well. Nevertheless as in the past correction since Global Financial Crisis, I don’t really worry much. Just got my Performance Tracker Comparison updated against STI Index. As a reminder, my returns include dividends on top of realised and unrealised returns whereas STI Index exclude dividends. This is more for ease of tracking than anything else. Enough said. Here’s my performance so...

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Cory Diary : When Family Planning and Financial do not mix … we have lesser babies

I have an exchange with a guy recently on why Singapore has dwindling birth rate. The reason he gives are cost of living and job security. Not surprisingly this looks common among developed world therefore internally I feel this reasons are derived from common sense logic and need not necessary be the case. We barely scratch the surface of the truth which I think could start from Stress.Stress can comes from anywhere. Jobless, Insecurity, Lack of Self Confidence, No Money … . But why mainly developed world ? Because we think too much. As we have better education, ability...

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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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