Author: CoryLogics

Cory Diary : Portfolio Updates 20170703

Here’s my current holding. REITs – This sector has been star performer in first half of 2017. However not all the same. I am fortunate to have quite a number of bright stars here. They easily constitute 40% of my portfolio. Bulk of my dividends hopefully for the years to come. TELCO – The only possible segment which i feel there is still good room for 2nd half growth. Singtel’s Netlink IPO is a catalyst. But Singtel should be more than that. STI ES3 – I have reduced my holding largely. Nevertheless it is still quite a size-able amount...

Read More

Cory Diary : XIRR Performance – Final Q2 2017 June Update

Today is the last day of Q2 ’17. After my May Month Interim, managed to buy back, and more on Ascendas Reit, and FLT Reit which I earlier sold some this week. Glad with given the chance to fill back the hole I dig in my portfolio before the next REITs reporting season starts. I have also done more trading but it maybe too hard to blog each of them. Portfolio trend is lesser STI Index, due to strong run in banks. Here’s Q2’17 result. A further improvement from interim Q2 on link here. With STI YTD returns about 12% currently,...

Read More

Cory Diary : AIMS AMP CAPITAL INDUSTRIAL REIT – 2

I blogged about Aims Reit exactly 2 months ago. Link here. Since then it has moved up nearly 5%. And this exclude dividends distributed. People is recognizing the return value. At current $1.47 price, the yield is about 7.5%. Still so good. My wish is the reit needs only to maintain their dpu performance.Considering current investment climate, there is not better alternative that provide good value for money i feel personally. At this price range, I am not buying more as I have quite a significant exposure or so sadly because i feel there is still some room to...

Read More

Cory Diary : Singapore Savings Bonds experience ( SSB )

This is the website of SSB. http://www.sgs.gov.sg/savingsbonds/Your-SSB/This-months-bond.aspx Every month SSB will update with new tranche for purchase with appropriate rates as below picture. Purchase is simple online. I have tested few times using DBS website. Application is $2 each time. Dividends credited to my DBS saving account after 6 months automatically. To sell is not hard too as I have tested it literally. However do note your transaction and amount each time you purchase or withdraw as there is no easy access to SSB historical records that you can tell in the website when you sell. Bank statements in...

Read More

Cory Diary : Recent Trade Actions 20170617

Normally I do not comment much on my short term trades as I do a lot within a year if you have followed. As I have less creative ideas recently, I may as well talk a little on it.Recently, I sold ASCENDAS REIT. If one who has been following this reit, it always seem to be in all time high (including dividends). Aiming for it is like forever. You will never get it cheap. And you will regret it if you don’t. So what I did recently is to buy some only. And when price go up, I bought...

Read More

Cory Diary : Fibonacci Retracement Self-Learning

Fibonacci RetracementAs usual, I am not an expert in Technical tools. We can however try to use this to time our trade after FA. As dividend investor, getting in low enough is important so that we have a better pie in DPU and Capital gains if any. Using Fibonacci Retracement can be one of a good way but surely not always the right way. Here’s what i found on this Indicator definition. In technical analysis, Fibonacci retracement is created by taking two extreme points (usually a major peak and trough) on a stock chart and dividing the vertical distance by...

Read More

Cory Diary : Fibonacci Extensions Self-Learning

Fibonacci ExtensionsFirst to say I am no expert and trying to learn by myself Fibonacci Extensions. Why ? Simply it is one of few key tools we can time our sell trades. For people who are not new to stock trading, there will be time when our stock just runaway after we sold. So when to sell can be useful. When stock hits high when is best time to sell ? Valuation point ? Macro condition ? Tool ? Tips ? Supports and Resistances ? Using Fibonacci Extensions can be one of a good way but surely not always the right...

Read More

Cory Diary : What does XIRR 6.8% Annualized return looks like ?

When we have $10,000 and annual returns of like 5%, it seems to take forever to achieve financial freedom. However Freedom is about going through the learning experiences. The anxiety of market dynamics. The building up of portfolio. The compounding of what one has. Here’s a chart of 6.8% Annualized growths mean in green. Not going to lie is easy but is not improbable either. Talking to myself mode. Continue to stay nimble, invest what I can sleep on, cut loss, study financial report, use a bit of TA, don’t go on margin, reasonable margin of safety, logical diversification...

Read More

Cory Diary : Asset Allocation 20170604

My heart screaming to write something today and decided to do a clean up / review my asset allocation.Here’s the pic. From the chart, if we are to total up MMF and Deposits, that 26%. MMF is Money Market Fund ready for investment. If I am to surrender my Insurance, that will boost to 31% which matches my Equity allocation. However I am unlikely to do that. Nevertheless, this is the War Chest. At 26%, is still a little high. I need to lower Deposits allocation to 20% but may need to reserve this bullet. Bonds and Preference 13%...

Read More

Cory Diary : Portfolio Updates 20170527

Charting in Excel is quite fun. Just figure out I can do a reverse of my Radar Chart. Be warned, will need to take a new dimension at looking it. The reverse radar overcomes concentration in the center and put more emphasis on stocks that occupies higher allocation than the others in the middle.   My trades already hit 74 YTD which is about half year mark and I am enjoying the process of allocation and divestment. Increased my SSB ( Bond ) allocation with new funds. For more diverse and stable income. Upped Ascendas and Lippo Reits some....

Read More

Cory Diary : The Law of Growth – Population

Singapore Population growth has seen some increase prior to the last election. Since then we have seen a more gradual growth. I would say outcome of the last election result in securing the 70% votes.I personally have been a proponent of quality of life rather than GDP growth. But is when the growth starts to slow down and stock market of local dependent economy starts to pinch that we start to feel the impact of it because one of the most important metric to watch for growth is Population Growth. Let’s face it. Singaporeans are not replacing themselves. If...

Read More

Cory Diary : Time Dependent Performance – Part 2

I feel like very old man keep reminding myself about pitfalls in investment with data. Because many experts out there are giving questionable data and I need to make my own judgement including when I read my own blog in context. And I encourage people always do the same. Don’t take word at face value.Part 1 here’s the link http://corylogics.blogspot.tw/2017/05/cory-diary-time-dependent-performance.html 2nd Part is the continuation of STI performance being marketed. As said earlier, the common figure of 7% annualized (including div) is at this time frame. If we are to use a time machine and zoom back to Oct’2007,...

Read More

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 periods. For myself, the active investment period is about few years before the global financial crisis till ongoing now. That’s 10-12 years mark. Therefore, it is meaningless to me when fund promote their...

Read More

Cory Diary : 2017 Q2 May Dividend Income Update

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 chart. Patience is Everything. Has come a long way of investment...

Read More

Cory Diary : Singapore Tax Rate to Taiwan

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. Nevertheless employees paid for it as part of the deductible in their salary. For simplification we will exclude them. Similarly we will not include Employer CPF contribution and...

Read More

Like us on Facebook

Follow us on Twitter