Author: CoryLogics

Cory Diary : Shaky Shaky – Market on brink of …

Relative Performance is like a bitch but I like it. Keeps me on my toes. There is also a deep secret which I have been studying for some time that is to use it to do re-balance between STI ETF against my portfolio. That way I could theoretically increase my odds to beat Strait Times Index. Using Cory Barometer above, the gap is widening so maybe good time to plunge into STI ETF. However, Uncle scare scare. Almost try DBS but also scare scare. Okay okay. How about buying back Mapletree Ind Tr ? Also scare …. glad that I raised...

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Cory Diary : Portfolio at 18

The market currently in upheaval due to recent Trade Issues. During this period I do some adjustment and manage to raise 6 figures warchest from recent sales in my trading account. The exercise is more of re-balance with more net cash. JD.com and SIA no longer in my portfolio. I have no plan to tap on bank cash which will be reserved. Currently Xirr : 10.7% for my portfolio. Profits yield is slightly lower at 9.7% due to realised gains before year ended. STI came down to 6.5% quite furiously which is about 8.5% after dividends using STI ETF...

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Cory Diary : Yield Anchoring

This is the concept I have termed which trying to grasp. A number of us understand not to fall into the trap of price anchoring. What this mean is that there is a believe of specific price of a stock that one is familiar without consideration of fundamental or market changes. This often happens when one buy a stock  and will not sell even when fundamental has weakened and continues to assume the price will return to purchase price or higher.  Yield Anchoring is more for dividend investor. Say we use to buy CMT at 5.8% yield. Today the...

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Cory Diary : Ten Laps

Decided to do a “tweets”. Trade talk has just taken a surpise turn for the worst to my dismay. Is now more like two arrogant kids having a face off. It could get worst. One would think two sensible adults will come to a compromise but life is unpredictable. This has hit my first level warning. Having 11% returns in 4 months period, is like swimming ahead by 10 laps. So for this phase I will do further profit taking.  Sold half of my Ascendas-h Tr as I have more than 2 years of dividends. The future dividend loss...

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Cory Diary : Bubble 2019-0502 reflecting strong return in the 4 month periods

Current Market is good for Reits/Trust again with low growth and low rates. Interestingly is good for banks too because of increase rates from past year. DBS bank did well and this helps STI largely with UOB and OCBC close behinds. Even Singtel managed to bounce off from lows. In a continuation of how individual investment return looks like for dividend investors, I think Bubble Chart is best to depicts the absolute P/L against the yield of the stock at current price. For people who is new to the chart, the size of the bubble is the investment value at...

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Cory Diary : Trading Attributes ?

I remember vaguely 20 years ago as a fresh graduate trying to dabble in stock market. That time my return can be 100% returns of my small investment within few months. I would often tried the warrants which are quite popular too. Don’t get me wrong. Any monkey would have make a profit throw darts. Making money was that easy. It was broker days. Quickly moved on to reading Annual Reports and getting NTA mainly after. My vision scope is the value of the company if to fail as a baseline. And from there to find value. Right from...

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Cory Diary : Trading updates 20190428

Good news is XIRR Year to date has hit 10% for my portfolio. Bad news is my max theoretical dividend based on existing portfolio holding has just go below $47K due to profit taking so I am thinking should I address it. Reason being some of those I sold has received dividends prior so I could still achieve $50K dividend this year. Singapore market has been good based on STI Index with just 4 months. I have no special plan for Sell-in-May scenario. If it does happen, I have fund available which will be great. Here’s my recent trades. Ascendas...

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Cory Diary : The Challenge of Dividend Investing

I have been collecting a number of concern investors ask in current market in regard to dividends investing. Usually people tied this investing style to Reits/Trusts. For simplicity, we will think as such. A number of naysayers have missed the Reit and Trust boats or keen investors have got off too early. For this post I will try to “Logic” it. Very often people still view Reits / Trusts as a scam. I myself too once. We view it as a type of ponzi scheme where they tapped on retailers money to offload their lousy property at high price how...

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Cory Diary : Net Worth updates 2019 Apr

The year 2019 is special because is the first time investment equity crosses $1M threshold. And this excludes SSB and Treasuries. This is primarily due to paper capital gains pushing it over. To be frank, this is not as cherish-able than my birthday. Is just a number. Nothing much has change in the way I will invest. And anyone with a decent job and saving can achieve too. To a dividend me, there is narrow limits where I could realised the gains. I did all for Parkway Life Reit, Frasers L&R Tr, and some re-balancing for Ascendas Tr and CMT...

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Cory Diary : Equity Performance 2019-0414

This is a continuation from 25th Dec’18 post and then follow-up with 10th Mar’19 post. Based on STI Index, if we have taken new position at 25th Dec is more than 8% gain. And if 10th Mar it will be 4.5%. Not surprisingly my portfolio benefited from it as I continue to stay invested and more. Reits and Trusts did well during this time. Frankly, the broad market did good too.. If I do away with Fixed investment, Xirr hits 10.7% using end date at year end to account for annualized full year without further gains. Closely correlated to current...

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Cory Diary : This Time is Different … Really ?

The World has been on low growth environment for a long time way before 2008 Global Financial Crisis. This is precipitates with low interest rates.During this time a few great innovations take hold. One is ride hailing apps. Connecting passenger and cabs seamlessly. We also see the growth of internet orders maturing for foods and goods items. Follow by Video streaming services. Few other apps that I have been using which is unheard of  before the crisis 1. Reporting baby status by nanny2. Condo Services notification for parcels3. “Live” Stock prices4. Forex Exchange Rates5. Company Outlook Emails and OC6....

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Cory Diary : Mapletree NAC Tr – Plan

This is one stock that I seldom blog about. One main reason is being selfish. I aren’t saint and not that good either, ok. I need to plan my buys. Actually I have average up this twice resulting it becomes one of my 15% profit stocks. Much earlier if we based on initial amount. As it reach another high today I thought it maybe good to plan my exits. So I do a chart on it today. Do remember I aren’t expert in all this including stock selection. Is just my diary of my thoughts. 2019-0408 Mapletree NAC Tr...

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Cory Diary : 5 min walk

Walked on the pavement I think a hundred times. Never gives much thought to it. It just a walkway. Not sure why I feel a sense of serenity walking back from 7-11 store that day. Just got a latte cafe for my wife after my rather regular break in the cafe corner station playing my new mobile game sipping a cup of hot latte. Sorry Star buck I don’t have to be elite to enjoy the same. And yes, I have my free time. Clean road, quiet street, breezing winds, lined tress and a 19C temperature. What a nice...

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Cory Diary : Bubble Chart 2019-0401 No April Fool

The spotlight this month is Ascendas Reit. And is no April Fool if you think I am about to go down that line. Adjusted the Y-axis of the chart this month not once but twice so that the Ascendas Moon completely stays within the chart, and if you yet realize, is good news. Largest position, it has gone north ( Capital Gains Y-Axis ). Hitting more than 13% portfolio allocation ( Bubble Size ).  Since there is more talk on this now, maybe new investors need to be wary to be participant in the game now. At 5.5% yield currently,...

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Cory Diary : Q1 2019 Portfolio Review

Time for Q1 2019 review. STI ETF YTD registered XIRR 5% gain including dividend, annualized. And it is now my largest counter of almost 10% without a need for me to put an extra dime into which I will blog later. Reits and Trusts have another good run for the last month of the quarter too. As they are about 50% of my portfolio, I have benefited from it largely. The best performer for local stock is Ascendas Reit registering 16% returns YTD. Ascendas Reit was my largest prior to end of Q1. After discussing with friends over in...

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