Author: Finance Smiths

Dividend income for May 2017

It’s a big dividend month for us despite the recent sale transactions and portfolio restructuring. Let’s get into it! SGX M1 (B2F): S$360 Starhub (CC3): S$423 Semcorp Industries (U96): S$164 SembCorp Marine (S51): S$55 Vicom (V01): S$148 SPH (T39): S$60 Starhill Global REIT (P40U): S$9 Keppel REIT (K71U): S$60 Dividend income for May 2017: S$1,279 This came at a good time since we just returned from our US holiday and our credit card bills skyrocketed from the overseas spending. Our expenses should stabilise after this since we have no major travel plans for now. Precautionary measures Anyway, we are...

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Buy transactions for May 2017

Good to know we were still able to make investment purchases for May 2017 despite being away from Singapore half of the month. Automated Investing Maybank Kim Eng Monthly Investment Plan (Maybank KE MIP) Buy 29 units of SPDR STI ETF (ES3 on SGX) at S$3.28 per unit on 8 May 2017 Buy 92 units of Nikko AM REIT ETF (CFA on SGX) at S$1.04 per unit on 8 May 2017 Transaction cost of S$2 POSB Invest-Saver Buy 29 units of Nikko AM STI ETF (G3B on SGX) at S$3.37 per unit on 15 May 2017 Transaction cost of S$1 OCBC Blue Chip Investment...

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Back in Singapore after US holiday

We are back in Singapore after a 2 week trip to West Coast US. The holiday was a lot better than I expected given it was our first time there. We have been to different parts of Europe a few times and never really considered US as a travel destination until recently. Didn’t think US would be as interesting and I was pleasantly surprised to find out there’s so many fun things to do there. We would definitely consider visiting the East Coast US in the future. I’m not going into a full on description of what we did...

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Dividend income for Apr 2017

Another long weekend to enjoy and we are busy going for our various personal care appointments & shopping for stuff that we need for the upcoming 2 week trip to West Coast USA. It’s going to be a short week for us since Mon is a public holiday and we will be flying off to San Francisco on Fri morning. Just a 3 day work week for us to get through before we can get away! Anyway, we are catching Guardians of the Galaxy 2 later and thought I will squeeze in a post in the meantime. A regular...

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Buy transactions for Apr 2017

It’s time for the monthly post on our investment purchases for the month of Apr 2017. Automated Investing Maybank Kim Eng Monthly Investment Plan (Maybank KE MIP) Buy 30 units of SPDR STI ETF (ES3 on SGX) at S$3.19 per unit on 10 Apr 2017 Transaction cost of S$1 POSB Invest-Saver Buy 30 units of Nikko AM STI ETF (G3B on SGX) at S$3.24 per unit on 13 Apr 2017 Transaction cost of S$1 OCBC Blue Chip Investment Plan Buy 466 units of Nikko AM STI ETF (G3B on SGX) at S$3.21 per unit on 24 Apr 2017 Transaction cost of S$5 POSB...

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Add Nikko AM REIT ETF to Maybank KE MIP

It’s the end of the work week and the weekend is here! Going to be a busy one as we will be catching up with some ex-colleagues and friends over lunches and dinners. We are thinking of watching The Fate of the Furious, which if you are not familiar with, is the 8th instalment of The Fast and the Furious franchise. My wife still reckons it’s crazy that I have watched all of the first 7 instalments of the franchise. What can I say. It has a simple concept that works every time. Fascinating stuff! Anyway, I got an...

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Total Asset Growth Chart

Remember I mentioned in one of my blog posts recently that I cleaned up the tabs and spreadsheets of our Google Sheet assets, liabilities, income and expenses tracker? Yup, we now only have 1 graph that charts the growth of our total assets and net worth. We used to have a number of graphs tracking the components separately but decided to combine them into one for easier reference. Look at how neat it is! I considered including this Total Asset Growth Chart in the Net Worth Page but decided against it. After all, it’s going to slow down the...

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Dabbling in Carousell over the long weekend

It’s been a busy long weekend. We went for a church service on Good Friday morning, went for lunch and dinner celebrations with our families later that day and on Sat as well. Not to mention the whole lot of shopping my wife did with her mum in between the lunches and dinners. We finally have a day off to ourselves today and will probably just relax and do nothing. There was something I did during the past 2 days that I felt was worth mentioning on this blog. You see, while my wife and her mum were out...

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Sell Foreign ETF transactions for Apr 2017

Significant sale event happened today due to our ongoing efforts to restructure and simplify our portfolios. This time round, we are selling most of the overlapping Foreign Equity and Bond ETFs and getting rid of our exposure to GBP and EUR. Which means that going forward, we will only be purchasing 2 Foreign Equity ETFs – Vanguard FTSE All-World UCITS ETF (VWRD on LSE) and Vanguard FTSE All-World High Dividend Yield UCITS ETF (VHYD on LSE). The holdings of these 2 Foreign Equity ETFs still overlap quite a bit but my wife is purchasing the former while I’m buying the latter in our...

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Passive income for Mar 2017

After selling a portion of our portfolio to crystallise some of the unrealised gains, it also occurred to me that the upcoming/expected dividends will go down. It’s disappointing that I seem to be taking several steps forward with the progress of our passive income by investing more cash but taking a few steps backward too with the restructuring of our portfolio. Just a quick look at the dividends and interest received in Mar 2017. SGX Keppel DC REIT (AJBU): S$18 Mapletree Logistics Trust (M44U): S$39 Keppel REIT (K71U): S$61 Starhill Global REIT (P40U): $10 HPH Trust (P7VU): S$105 Silverlake Axis (5CP):...

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Stop and celebrate our achievements

We celebrated my wife’s 29th birthday this weekend with a dinner at Waku Ghin. Fine dining has always been one of our favourite shared interests & activities and that’s how we celebrate our special occasions. We have been wanting to try the dining experience at Waku Ghin for a long time since we enjoyed our past visits to Tetsuya’s restaurant in Sydney. However, the price of the degustation menu at Waku Ghin was a real showstopper and we couldn’t bring ourselves to spend that kind of money even for fine dining. I’m not sure what changed this year. It could...

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Mar 2017 Net Worth Update

We just filed our Year of Assessment (YA) 2017 income tax returns for the year 1 Jan 2016 to 31 Dec 2016. Total tax payable for the both of us came up to about S$11,000. Again, we have chosen to pay our income taxes over the next year by 12 interest-free monthly instalments. We prefer not to have a big cashflow drain of a one-time deduction and prefer the more manageable and smaller monthly cashflow impact using the instalments. If you haven’t noticed by now, I have updated the Portfolio, Net Worth, Passive Income and Expense pages of the...

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Going against the narrative

My wife and I went for the Coldplay concert last night at the National Stadium Singapore with a bunch of good friends. We couldn’t get tickets closer to the stage because of the large group and ended up with tickets all the way at the back. Both of us watched Coldplay perform before at a concert in Sydney a few years ago. The seats were closer to the middle and the stage then. The show was amazing and one of the most memorable performances of any kind we have been to. This time round in Singapore, we went in...

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Other Sell transactions for Mar 2017

Another sale event following up from the big one last week. The proceeds are not as high but what is significant about this one is that we are selling some of our ETFs. I have mentioned before that our portfolios structures are messy and uncoordinated because of inexperience and lack of clarity in our strategy. Our investment approach developed over time and although our buy transactions are more targeted now, it doesn’t change the fact that the foundations of our portfolios are weak and unwieldy. We have taken this run-up in equity markets to clean up some of the mess. Over time, there...

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Buy transactions for Mar 2017

Let’s get the part about our Buy transactions for Mar 2017 out of the way first. Automated Investing Maybank Kim Eng Monthly Investment Plan Buy 30 units of SPDR STI ETF (ES3 on SGX) at S$3.15 per unit on 8 Mar 2017 Transaction cost of S$1 POSB Invest-Saver Buy 30 units of Nikko AM STI ETF (G3B on SGX) at S$3.22 per unit on 14 Mar 2017 Transaction cost of S$1 OCBC Blue Chip Investment Plan Buy 467 units of Nikko AM STI ETF (G3B on SGX) at S$3.19 per unit on 22 Mar 2017 Transaction cost of S$5 POSB Invest-Saver Buy...

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