Cory Diary : Time Dependent Performance

Often people ask for annualized returns over the entire investment horizon of index or fund. This is wrong simply each human investment lifespan is limited to their relevant period and changes as we age. How the world managed financially 100 years ago, 50 years ago, 30 years ago and today can be very different too. Depending when we are investing actively determines our performance during this … [Read more...]

Cory Diary : 2017 Q2 May Dividend Income Update

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Most if not all my SG Portfolio has Ex-dividend this week. This year is special as that they were all within expected range which points to sustainability of the the Dividends.For the 5 months of 2017, dividends in bag is $20,109. I am excited on the final figure at year end ! Dividend Income To get the effect of how much growing dividends can be collected see below Cumulative … [Read more...]

Cory Diary : Singapore Tax Rate to Taiwan

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Two things cannot escape in life. Death and Taxes. How do we compare with other countries in taxes ? Since i do not have more in-depth knowledge of most, I will do a rough estimate between Taiwan and Singapore. Taiwan has a model kind of similar to some western countries in concept. In Taiwan, the medical and other benefits portion are funded separately and not part of the annual income tax. … [Read more...]

Cory Diary : Net Worth 20170514

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As I expand my Sg Equity size, feel is time to track the amount in my Net Worth chart. However data is not much but have to start somewhere. ( Yellow ). The effort is zero other than initial setup one time. This will give me guidance on my equity size relative to other lines. Also did a one time adjustment starting on Jan'16 by removing my Property Net Asset out from the Blue line. Reason being … [Read more...]

Cory Diary : Sector Investment

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To start with, there is no deliberate attempt to manage by sector in my portfolio. But unwittingly, I like to have stability, growth and risk factors to consider.Not surprisingly I should see "Fixed Structure" type of returns, Stable growth that tag to local economy, Broad based diversification through index, basic staples/necessity, dividends investing needs, emergency fund parking and some spots … [Read more...]

Cory Diary : Cory Ideal Singapore Portfolio

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Has been playing with Excel for sometime and surprise i could do below. Not sure what you call this chart. What I like is it tells me my investment categories and exposure by segment, and by counter in a stroke. Take me sometime to absorb the picture at first but it becomes clearer after from the grouping. The rings are the investment sizes. Here's the breakdown on what I thought to start with … [Read more...]

Cory Diary : XIRR Performance – Interim Q2 2016 May Update

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The Market for REITs have been exciting for this period of results announcement and media has been reporting good returns of a number of strong Reits. So is this ride ending ? Apparently the decision this week not to increase rate by Fed seems has no clear felt impact to the market as it will likely be on next. I have been holding tight on what I have and waiting .... . During this time I have … [Read more...]

Cory Diary : Do REITs take back more than they give ?

REITs have been in SGX for long time. Despite that people still has concern whether they take more than they give. If I am to invest in REITs obviously the benchmark will not just be more than they take only. They need to give enough back in the form of capital gain or dividends that are way above inflation in total.This concept is pretty simple.REITs Investment Returns = Capital Gain/Loss + … [Read more...]

Cory Diary : What do people live for?

Saw this from a friend message link.https://www.youtube.com/watch?v=KKXwwEH_ahcInvestment is for quality retirement. Don't retire for sake of it and live like a beggar.Strive for Quality Living. That's will be the benchmarkOnce I realized that, things become clear. Investment for Income has become more important so that I have the money to do what I can with my time.But I need to remember too … [Read more...]

Cory Diary : AIMS AMP CAPITAL INDUSTRIAL REIT

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I have love-hate relationship with this reit. This counter has almost 8% yield returns but despite my dividends strategy I do not makes much from it that I should in my past trades. In fact, due to my skepticism with it, I always buy and sell the wrong time. And the problem lies with confidence and model of this company. Trying to time AA REIT is really a bad move. Not understanding the future … [Read more...]

Cory Diary : Quality of Life

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I often seen posts on best place to retire. Be it daily necessity, bills or health care. One of the primary reason is cost. Frankly I think this people get it all wrong. The Best Place to retire is where Love is. Where friends are. Where Home is. Going to faraway land, cheap and lower standard of hygiene ... that's escapism. Out of no choice. Desperation. Worst still, alone. Sorry if I poke too … [Read more...]

Cory Diary : CAPITALAND MALL TRUST 1Q17 ( CMT )

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When I last blogged about CMT in 28th Jan'17, the stock price on 31st Jan'17 was $1.94. For people who are interested can refer to earlier blog article on CMT 4Q16 HERE. Since then, what has happened ?There were no distribution since we just Ex-div in 26th Jan'17. Stock price $2.01 as of today 20th Apr'17. Gain of 3.6%. CMT posts today 20th Apr'17 after trading hours, stable 1Q 2017 distribution … [Read more...]

Cory Diary : Job Replacement

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Recently one of my staff move on. I am happy for her. Truly. What interesting is after. I need to request for replacement. What surprise me is that my business HR want me to justify why I need replacement which to me suppose to be routine re-fill of position. Mind you, the company is doing well. So in my head is why are we spending time doing this needless exercise. We have hundreds/thousands … [Read more...]

Cory Diary : Stock Market Volatility 1997 – 2016

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The following information is plucked from various sources in the internet and summarized. I am doing that in view of recent North Korea crisis and Syria conflict in Trump era. I do not think we reach market crisis level yet. What I found is that 50% dropped is a major number observed when there are major crisis. The lesser ones are mere correction around 15% range. Stock Market … [Read more...]

Cory Diary : Dividend Play – Part 2

Dividend Play essentially is about investing in business that are driven to return profits to shareholders. Management naturally will be driven to efficient their operation on what they have after. A strong management has the ability to do that consistently over time. Constantly churning out dividends to shareholders and making use of what has been left to continue to optimize and grow their … [Read more...]

Cory Diary : Million dollar home

Few people would have remembered, I blogged about $1M home goal few years ago. To be exact is 4 years ago as per link here. Happy or sad to some, depending on each people felt level, i got mine.  If we include inflation over this period maybe in current dollar term would be 10% lesser in purchasing power. What this mean is Million Dollar home is just a matter of time.The plan for this home will be … [Read more...]

Cory Diary : Dividend Play and Timing

Let's take a REIT Stock which gives 7% dividends annually at current $1 tag. Assuming there is no major "calamity", that's 7 cents annually. Interests up few points during the year, how much is REIT impacted ?1. Borrowing are secured across few years to decade contract. Some on annual basis. Some on fixed rate. Some Reits hedge their borrowing too. 2. Increase in borrowing cost can be passed … [Read more...]

Cory Diary : The Lazy, The Dumb, The Struggle and The Greedy

Singapore is one of unique in the world where we have thousands of thousands in millionaire bracket without need to take risk in setting up business ourselves to be one. They are untapped potentials that financial funds always try to ZAP. Is not unheard of where hundreds of thousands HeartLanders were "Scammed" by Bank RMs, Insurance Agents, Property Agents, Business Investment or purely true … [Read more...]

Cory Diary : You get what you measured – Cory Sample Portfolio Stock List

When I first stared investment in stock market, we likely deal with one or two stocks. The idea is to get a feel of stock trading. The mechanics. The excitement. In a Bull market, we will see proportional gigantic returns. Stock picks are probably Tips or from Newspaper reading.   After I manage to save sizable sum for larger bets, this increase my stock punch or have a wider stock selections. … [Read more...]