Author: CoryLogics

Cory Diary : Investment Returns, Nerve-racking in uncertain time

For past few days the market has finally turned. How long will it last ? Frankly I dunno. It seems a long time that I have a feeling of correction coming. It will come, just not sure is it this time or next. The way crypto-currency direction is going seems busting is underway. Probably when we see US$5-6K range for further confirmation. If we are using USD to buy them, is actually double whammy considering USD has depreciated 10% for past one year. Will there be banks or institutions fall out ? So far no. I am still curious...

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Cory Diary : Recent Trade Actions 20180130

2018 January is I feel a more memorable day for my portfolio other than in the black. Is the first time I have a proper clean up state of my Reit counters that is much better balanced to form a better core. Few things I did. Sold AGT moons ago. Sold SPH Reit some time back. And today, sold remaining lots of LMIR as well. Bought back Ascendas Reit and Ascendar HT.LMIR The more I learn about LMIR the more I am a little worried. The perpetual shares it has issued is a relatively huge burden. This obscure the...

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Cory Diary : Treasury Bills , Low Return Safe Havens

Equity is a practical way to generate good returns for myself being a “kaisu” of me. However “kiasi” of me, no matter how good equity is, I need emergency fund and reserve fund for my property installments if I am unemployed permanently. After maximizing Singapore Saving Bond ( SSB ) in the range of 2%+, I start to explore ways to optimize my cash other than fixed deposits. One way is Government Treasury Bills which I can apply locally through internet banking easily. The recent allocation is 1.35%. For people who is unfamiliar, here’s the information I tried to...

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Cory Diary : Ascendas Reit Third Quarter Results

DPU 3.97 cents. A reduction of 0.6% QoQ without Tax Exempt. The result is pretty decent if we take it as one-off of prior year. To be frank, there are many other positives and negatives adjustments, and risks in the financial. Is quite hard to assess whether this is the only main difference even if we are to run the Reit ourselves. Below Chart is manual collection of the quarters result of Ascendas Reit. As you can see the distribution looks fair enough. The Reit occupancy at high 80 percent range for Singapore and 90 percent for Australia. I...

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Cory Diary : Net Worth Insights

Tracking Net Worth with Excel has been a favorite hobby of mine. There are many ways to play with excel and generating charts.  This time i show it with different format for the fun of it. A more futuristic style I feel. The first chart below is time tracker of my net worth which i have collected since Year 2007. Considering I have been in the workforce almost 20 years, is more like a mid-life crisis initiated tracker. As a reminder, this chart is from a salaried man, not a spender, as in lifestyle has not change much for past 15...

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Cory Diary : Comforting or not

Have been monitoring ComfortDelGro for a while but never in it for long term investment. Reason being simple. The competition is keen and they are cutting at each other throat. A lot of blood. I have a lot of concerns. Nevertheless I got some when it got near $2. However after reading their earning report, I think Oil price matters. News : ComfortDelGro and Uber launch UberFLASH services in Singapore When today news is out on the tie up with Uber, I decided to sell my shares which I bought for 2.8% profit. Just a little kopi money and for...

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Cory Diary : You don’t have to Swing

Just watched one of Warran Buffett video. Buffett says, is that you don’t have to swing at every pitch. “The trick in investing is just to sit there and watch pitch after pitch go by and wait for the one right in your sweet spot. And if people are yelling, ‘Swing, you bum!,’ ignore them. “ He make it so easy to understand. Indeed I should ignore. Missed opportunity is ok. Just don’t lose my pant. Every bullet counts ! If the market has nothing worthy to buy, just watch. I did cut a “Medical Cancer” today which I...

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Cory Diary : Year 2018 Planning

What will Year 2018 be for Investor like me ? Let’s start with STI index. If we remembered an earlier article I wrote on crisis, NK crisis likely will not affects economic activity as it is not a financial originated one ( see link). That’s turn out to be good so far for 2017, and that we should continue to stay invested. People who try to time on such events and get out of investment will be out-of-luck ! Based on last year div, the current STI price yield is roughly 2.8x% (DYODD). This may implied potential STI upside to hit...

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Cory Diary : Financial Well-being Ending 2017

Year 2017 has been awesome for many investors. Based on many financial bloggers so far, double digits gain are a norm. And this keeps me thinking about how unfair to saver is where some will died for $1000 while those who are more adventurous makes $100K extra just sitting in his living room tweeting with his spare time.Even when one step out of his comfort domain, a double digits gain of 10K in absolute returns are no where near to one with 100K portfolio for example. And here come the chicken and egg things. We need to achieve a...

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Cory Diary : XIRR Performance – 2017 Final

With the last trading day over for the year, is time to publish 2017 annual return. Here’s the Logic of the measure to produce the performance table – Final book value between the last trading day close of the years – Excel XIRR Dollar weighted is more rational as Time is Money and reflect portfolio growth rate of an investor better As above, Equity return for year 2017 is 13.5%. This is quite a good year but still fall short of this year STI Index hitting 18.25% excluding dividends. The main reasons are due to lack of significant bank...

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Cory Diary : Ones Passive Income

So why another article on this ? Just watched a Ted by a young chap on Passive Income and it hits many notes that I have been trying to formulate in my mind.There are many out there by bloggers. Last I can remember I do not have one. At least I couldn’t remember. So I should. :) I REALLY should because I feel is very important and it can help lives.So if I can help one, just one to think about their future, is enough for my time. What is Passive Income ? Income that requires only some work...

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Cory Diary : Dividends Dec’17

With the last of my stock ex-dividend today for the year, is time to compute dividend returns alone. Total dividends $41,802 for Year 2017. Highest Dividend from Reit is AA Reit. Highest Dividend from Non-Reit is Singtel. Reit and Non-Reit are coincidentally equal in total percentage in dividend returns. I like this ratio in diversification This year as expected I have finally achieved $40K dividend returns and exceeding by $1.8k. With good economic projection for year 2018, and with bonus and profit returns in this year market, I will target $45K – $50K for next year range. In total,...

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Cory Diary : Portfolio Updates 20171214

I was wondering should i do any portfolio post this month considering we are about 2 weeks away from year end evaluation post. I guess no harm to do a quick update for people who has been tracking. CMT – I did some re-balance today as my exposure is a little high after recent run-up. Is still one of my key large position. XIRR just on CMT hits 20% this year. AGT – I am no longer vested in AGT as I find this counter harder to understand than expected. ST Engg – Initiate a small position. HRnetGroup –...

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Cory Diary : Portfolio Updates 20171121

With most of my Portfolio results out, is time to do a quick peek on my Portfolio. For the start, STI index went up crazy today and for the matter this year. If we include dividends, that 20% up at least ytd whereas Singtel lingers on despite higher dividend due to 3 cents special. A reason of my widening gap with STI Index. Having say that I am still feel this Telco is undervalued. Hopefully the market will price it right soon. Another disappointment I have is AGT. I always been wondering why there was a large unknown figure...

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Cory Diary : Is my Portfolio ready for the next leap ?

Read today headline …”Ex-HDB chief: Singapore must still aim for population of 10 million” “He said planning without calculating the land resources available to support population growth could put us at risk of running out of land. Dr Liu, who is also founding chairman of the Centre for Liveable Cities, added: “Before Singaporeans complain, they have to ask themselves: How long do you want Singapore to stay as asovereign country?” He is talking at Year 2100 but this bring back our whitepaper on the next leap in population. Yes, many people in different camps when we talk about population...

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