Author: CoryLogics

Cory Diary : Will the Music Stops ?

Generally most people would agree that every lowering yield drives yield stocks. What happen if when the music stops ? In the year 2008 Global Financial Crisis, CMT my most often used example, price crashes from the high of $2.18 in Year 2007 to $0.875 in early part of Year 2009. That Year 2008, CMT distributed $0.13. In Year 2009, CMT yield hits 11.5% ! How hard is the crash ? 60% drops ! If we include $0.13 dividends, that’s about 54% drops. That’s why is called Global Financial Crisis.The scale could be a single lifetime event. As mentioned...

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Cory Diary : Resetting Performance Tracker 2020

The year 2020 starts with robust gain though not like the burst we see in start of 2019. Cory portfolio is also not well position to benefit significantly from it. Nevertheless relatively to STI, Cory Portfolio still edge a little bit higher. The purpose of this post today is not about the gains but the reset feature of recognizing past realised and unreleased gains in 2019 as one’s Year...

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Cory Diary : Investment Income

Start with saying the obvious. Main source of living expenses for most people comes from salary income . Even for those who are so called FIRE or Financially Independence, the seeds has to large enough, comes from salary income. Even then they may not completely retire. This statements are generally acceptable with the exceptions few. As one grow older, various income source comes into...

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Cory Diary: Short Coming of Cumulative XIRR of Lifetime Result

Has been in market for more than 15 years. Over the years strategy changed with ones experience and learning. Sometime change for the better, sometimes worst. One indication is using Cumulative XIRR across all trades through the years. For Cory, due to strong performance in 2019, the Cumulative XIRR since 2007 is now 7.2% as above. However this is from 2007 when Cory is...

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Cory Diary : Asset Allocation Review

The first day of trading for Year 2020 started with a Bang when the P/L hits more than 7 K and it seems like we will have a good start for the year till someone backside itchy and taunted Trump. Here’s what I found. "Iran Supreme Leader Ayatollah Ali Khamanei taunted Donald Trump over the embassy attack."   "Iran says Trump ‘can’t do a damn thing’ ." As usual Trump tweeted. ‘He should...

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Cory Diary : Year 2019 Reit Year

We have come to an end in the last day of SGX Trading for Year 2019. For Income Investor this has been nothing but solid. S&P 500 has record year too. But it will be closer to home if we just look at Singapore Reits. Cory Portfolio has large amount of Reits. And here’s Performance tracked throughout 2019. There is some work but also a lot of investing fun provided is in profit …...

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Cory Diary : Dividends 2019

With the year coming to a close, all the expected dividends have been accorded for. Year 2019 seen a number of acquisitions and mergers which has change the expected dividends. Therefore some deliberations made for it. Total dividend for Year 2019 received $52, 299 which is equivalent to $4,358 monthly cash-flow. Cumulative dividends tracked $324,750. Script Dividends Decided to take up...

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Cory Diary : Real Game in Investing

Has been writing on performance for years. Some years like this year we have good result as in 20% XIRR. That doesn’t mean good profits. In good year if we aren’t earning good absolute profit we are just like in baby pool … splashing. That’s fine if we are still a baby. The worst outcome is to give a baby large amount of money to swim in the sea ! When Cory is just learning or in the...

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Cory Diary : Portfolio Changes 2019

From start of year till now, Portfolio has undergo significant changes with my thinking and progress. Expense Ratio is now at 0.85% which almost $10 K. I think did about 150 to 200 trades. One of my practice is to break down my purchases and sales so that ramp up the numbers. Thankfully my broker has agreed to give me a better rate. Year 2019 has been joyful because of lowering yield pushing...

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Cory Diary : Feedspot

Just get to know about Feedspot recently from an IN friend. https://www.feedspot.com/  https://blog.feedspot.com/singapore_investment_blogs/ "Top 75 Singapore Investment Blogs" . Proud to know I hit 38 :) Cory...

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Cory Diary : Income and Expense 2019

Year 2019 is special because Cory becomes a father to a baby girl. Unlike most parents, financially Cory is much more ready. The thing lacking is experience which Wife will always take care or be ready to remind Uncle Cory ….. . Nevertheless, raising baby is really not easy. The good thing is we have Baby Bonus supports and this do help some. Fortunately, company is also supportive and provide as much work from home time and leaves as needed. Expenses wise, as previously blogged ( link ), kind of exploded and will not come down significantly for years. Good problem to...

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Cory Diary : Mini-Repeat of Sell Down of Reits Stocks

Yesterday STI Index was up. Interestingly, many of the key Reits are down. This have some similarity whenever there is longer term view that interest rates have dropped enough especially when the trade deal could conclude positively. As blogged earlier ( link ) , and the shift to Banking Sectors. This has acted as counter balance to the Reits. While Cory can never be sure they will always be...

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Cory Diary : Dividend Investing is Boring. Easy ?

Capitaland Mall Trust has been with Cory Portfolio for about 6 years ago.  It has been one of the key starter for Cory to learn about dividend investing. The yield is not so great, not bad, stable and well backed. This gives confidence to Cory to mend his ways in the early years of aimless speculative investing. Below historical data of Cory’s CMT Table. As you can see, starts on Year...

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Cory Diary : Sector View of Cory Portfolio

Sector tracker comparison for 2 month periods Cory Top 7 Investments 1. Ascendas Reit 2. DBS 3. STI ETF 4. Frasers Bond 5. CapitaLand Mall Trust ( CMT ) 6. VICOM 7. SPH Reit Previous Investment as link. Note: Netlink BNB Tr is classified under Telco Main Key Change is the expansion move in Banking Segment which are relatively more attractive to position for Year 2020....

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Cory Diary : Performance Nov’19

The month ended with one of the most actions seen on Reits in Cory Portfolio this year. 1. Ascendas Reit Rights Issue 2. FCOT Halts 3. Accordia Golf Tr Potential buyer 4. SPH Reit Private Placements 5. MINT acquisitions of DCs 6. Aims Apac Reit books building exercise Performance Tracker STI Index continues to reel from Trade War falls out which means well for yield assets....

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