Author: CoryLogics

Cory Diary : Baby Expenses – Overview

I have been pondering to write this post because expenses on my baby is not as closely tracked. One thing is I am often oversea and there is some currency exchange, and receipts lost. Some of the the expenses are covered by my wife and relatives. Do note that my baby is born oversea. I will be in the process to make baby bonus claim later but for tax deduction probably I don’t benefit much from it locally. Nevertheless, is about out not in. One thing to note is that over time I will come back and update this post...

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Cory Diary : Portfolio at 21

STI Index YTD since 31st Dec’18 is currently at +4.3% excluding dividends. Cory Portfolio since measured from 2007 to today is 6.2% XIRR. My tracked portfolio is at 6.3% including dividends this year measured with end date 31st Dec 2019 whereas STI ETF XIRR is at +4.9% including dividends for same apple to apple measure.  Here’s the latest portfolio distribution.  Reits/Trusts – They have better weight-age individually. 8 will be a good number to go forward at minimum. I have seen some minor correction in CMT to $2.33 but still not deep enough for me to collect back what I have sold...

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Cory Diary : Life is about Choices – STI Index

Life is about Choices When I blogged earlier on 25th Dec’18 that we likely see better STI index, indeed we do. I would say fortunately we do because if it has broken supports, the alternative of the market direction would have been terrible. See the link here. So what I did then is to up my investible amount into the market that time in and indeed benefited from it. Today I took a peak on the index again. Here’s the chart. STI Index There is the golden cross up that most would like to see back in Dec’18 wishes. ...

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Cory Diary : Trading – Span of Control In-Check

Sold Frasers L&I Tr – This is particular interesting sale because nothing much has changed for the company other than the stock price moved up quite a bit from beginning of year at $1.03. I only found out when someone blogged about it that he had sold and decided to investigate. The chart looks like a spike up “W-shaped”. Since I am in the process of counter reduction, this looks like no brainier to sell too for me considering I have Ascendas and Maple Ind. Tr in industrial segment.   For the dividends replacement of which it provides more than 6.5%...

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Cory Diary : Hallmarks of a Good Reit

If one has been investing in Reits for years, we know not all the same. Some will grow their DPU with times. This mean regardless of new issuance of shares, the original share holders still get more dividends after per share (Holy grail of passive investors).  Some will give dividends on par,  some with some capital loss. Some tricky ones required you to do “average down” with risks. Some are mismanaged. Some are crooks. For those who are on the lasts, remember their management. Any company they touch is something you may want to know. Hallmark of a Good...

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Cory Diary : US Stocks enjoying nice rebound

Last year is bad for US stock investors. This year for the first 2 months have seen strong rebound. Hopefully it stays. Below table is the YTD returns of US stocks that I am tracking.One thing realised is that if there is nothing fundamental change in the company, US stock can swing like crazy. Therefore, ability to hold seems key. On the other hand, if I have average down, returns would have been awesome. Indeed land of opportunity....

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Cory Diary : Revisiting Thought Process – Portfolio

Decision Making Back to Radar View to conceptualize my thinking …. on my investment size in each counter. There are 3 scale markers in the chart with 0%, 5% and 10%. For those who find it hard to read, the radar view display my investment size for each counter with those in the center has the larger allocation. Sitting on the most outer ring has zero investment now eg. HRnetGroup, PrkwayLfie Reit and Mapletree com Tr. This year return so far hits XIRR 6.5% today which is pretty close to 6.4% profit year to date. Thanks to Reits/Trusts and...

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Cory Diary : Royal Flush, Cory Bubbles

Is like a Royal Flush bubble picture. Looks like everyone is above the zero line. Technically the new entrants aren’t due to transaction cost. If we look at the chart closely, STI ETF aren’t the tallest but in percentage term it does relatively well against my portfolio. 5 of the stocks registered double digits gains.  Feb is another good month and I do not want to wait for it to end to blog. Dividend stocks driving more profitability. Took the opportunity to buy a little UOB today after Sheng Siong this week. I have been controlling my shooting…. ....

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Cory Diary : Intelligence comes with responsibility

The Saga of Hyflux has been burning for quite some period of time. As usual when something like such in trouble, investor community especially retirees will be affected. Unlike HPH Tr, Sabana Reit, Noble or S-Chips, listed Hyflux do produces Power other than Water to the Public both tied to basic essentials for our Island State survivals.However every time when I hear someone vested in Hyflux Preference Shares or Stocks they have the mentality that Ah Gong will not let it fails and that due to it’s necessity, the investment will not go wrong. And this is where most...

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Cory Diary : Misses

There are always a list of hot stocks, speculative pennies, blue chips and investible in most people radar scope who are familiar with the markets. Often one of them will spikes or dives, and chances are the stocks were once in your investment considerations. As we grow older, the misses get more. Don’t be disheartened ! Is natural as we come to know more stocks. The last thing we want is to start frantic actions to spot the next to avoid misses. We can never be able to catch most of them but likely slips into oblivion trying to...

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Cory Diary : Using End Date for XIRR for Annual Returns

Have been constantly seeing usage of Annual XIRR with current date. This is quite “misleading” as it will provides explosive growth for positive returns of portfolio in the early part of the year. For my portfolio for using current date for XIRR YTD will be 57% for 2019. This is quite shocking number considering my absolute YTD returns are just over 5.6%. To provide a more balance picture, using XIRR End Date 31 Dec 2019, my XIRR YTD will be 5.8% which reflects closely to the absolute YTD returns of 5.6%. Cheers...

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Cory Diary : NetLink NBN Trust Q3 is out !

Have been keenly anticipating for this quarterly report. Here’s the interesting part for the same News by Shentonwire and BT respectively.. SW : NetLink NBN Trust reports fiscal 3Q net profit of S$19.6 million, above IPO forecasts BT : NetLink NBN Trust Q3 net profit down by 9.4% as costs mount One is as expected due to investments. The other see it negatively as rising costs.Who is right ? We can confirm at the end of tomorrow’s trading day for market sentiment but long term I support SW report of-course (vested)....

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Cory Diary : Computing Portfolio Size

To get portfolio size, the straight forward answer is to do a value tally and over time we will have a trend. What-if we don’t track them closely and have fund injection that constitutes 50% of the fund increase or we do a reverse. Now you see what I am getting ? One of the most daunting task for me is how to compute years of investment in annual format to reflect the size of the portfolio easily. The goal is to give the right impression of the fund size. We need not be rocket science in it to...

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Cory Diary : Diminishing Power of Dividend Play

Like any business, leverage allows us to increase our income provided what we earned is more than the cost we borrowed. However this is subjected to lender conditions. When the bank refused to lend you more (weakness), this tell something. If you could borrow cheaper than what the bank willingness to lend you, this says something too (strength). For a start, for non-believable of Reits … read  Here . Over the years, stable and strong REITS have registered significant capital gains on top of dividends. This started with multiple QEs follow by tapering and rising rates. This also resulted Reits getting...

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