Author: Invest For Yourself

My Top10 & Who Own Them Too

(Disclaimer: This is not an advertisement for StockCafe) I found another interesting feature on StockCafe yesterday while reviewing the performance of my portfolios. I can see how many fellow StockCafe subscribers actually own the same stock as me. Although it doesn’t influence me directly in my investment decisions, it provides another useful reference point and information for reflection. Thank you Evan (founder of StockCafe) Below is a summary of the results: My Top10 Holding Companies % of Stockcafe subscribers owning the same shares 1 Singtel 62% 2 Frasers Property 12% 3 Starhill Global 21% 4 Manulife Reit 8% 5 Q&M...

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Jan19: 5 Happys

Jan19 has been a great month for equity investors. All major markets made an incredible turnaround from the dismal Dec and put on a strong show within a month. STI gained about 5%, Hang Seng/China Shanghai indexes gained about 10% and US S&P-500 8%. Happy # 1 My overall portfolio outperformed STI slightly, @6.5% but it paled in comparison to Hang Seng or S&P 500. The size of the gain is expected as the bulk of my investments are largely here in Singapore. However, it did better than STI because I am relatively overweight on Reit than Banks (which...

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Bought My First SG Government Bond

I just applied for the 5 years SG Govt Bond that was opened for application. It is my first purchase of this investment instrument. The specific code for this bond is N519100A and you can click-through to get more details. It can be applied via ATM and Internet Banking and closes on 12 noon 29 Jan 2019. The coupon rate (interest rate) is not established yet and it will depend on how the rest of the investment community bids for it. Yes, you can state the interest rate that you want to lend money to our government (i.e. the...

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Busy busy 3 weeks :-)

I got feedback from some of you that my last post was too serious and heavy going. Once in a while lah … especially whenever I reflect on our country’s competitiveness, I get concerned. Anyway this blog is back to our personal finance and life. So last 3 weeks has been busy and busy and busy selling … LOL If you remember one of my new year resolutions was to reduce the number of trades this year but I am starting on the wrong foot already. The recent climb in the share prices for some of my non-core stocks...

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Is house a burden or an asset?

Yesterday, I had an insightful discussion with a very percipient person whom I admired a lot. After our discussion, I reflected on what he said about the issue of housing prices in Singapore and understood a deeper implication on why we need to keep our housing price affordable in Singapore. For many years, I used to think of a house as an asset. But as I gained more financial knowledge, my view changed. A thing can only be an asset if it generates income for you. I only have one house. It is a place where I seek shelter, sleep...

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SPH Reit: Is Declining Occupancy starting to Bite?

The headlines from their latest Media Release last week screamed “SPH REIT delivered steady distribution. 1Q 2019 DPU held steady at 1.34 cents. Figtree Grove Shopping Centre – yield-accretive acquisition in New South Wales, Australia”. As an income investor, I am naturally happy. But is everything so rosy for SPH Reit? I somehow didn’t feel so. Looking at the hard-financial numbers, it is not difficult to see that: Net property income (“NPI”) for 1Q 2019 was $41.8 Mln, a 1.0% drop compared to Q1 2018 last year. Revenue also dropped but only by 0.6%. So, the property expenses was...

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My 2019 Game Plan Explained

In my last blog, I wrote “My game plan for 2019 is to continue to grow my index portfolio, collect dividends and maintain a 5% yield portfolio, subscribe SSB to the new max and increase average views per month in my blog further.”  And I received several questions after that requesting me to elaborate why I chose them. I thought it would be useful to share my thoughts openly (and hopefully trigger yours) … hence, this blog. Let me do the easier one first: (1) Subscribe SSB to the new max In my opinion, SSB is the best investment...

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Not a profitable 2018 but I have made progress.

Not withstanding 2018 has not been a profitable year for me, I have made several forward strides in my investment journey. Some of them are: I am fully invested now. Thus, cash is limited for any major change in investment strategy. I have built a portfolio that I am confident it will deliver 5% dividend yield a year. I tried out shares margin financing and successfully lifted my dividend yield. The total dividends received in 2018 is the highest that I have ever had I have grown my index portfolio to more than double its value at the start...

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Q1’19 Dividends is just round the corner

I am grateful to receive several notes of encouragement from fellow bloggers after my “depressed” post yesterday. I believe they are in the same situation as me and yet they took the efforts to pen down a line or two to me. Some reminded me of previous events like the dot-com bubble burst, GFC but not to bring back those sad memories and to remind me that things will improve and we will see a silver lining. Just hang on and look for value. Thank you I will! The other things that perk me up today are the announcements from...

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Q1’19 Dividends is just round the corner

I am grateful to receive several notes of encouragement from fellow bloggers after my “depressed” post yesterday. I believe they are in the same situation as me and yet they took the efforts to pen down a line or two to me. Some reminded me of previous events like the dot-com bubble burst, GFC but not to bring back those sad memories and to remind me that things will improve and we will see a silver lining. Just hang on and look for value. Thank you I will! The other things that perk me up today are the announcements from...

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I am feeling cash poor this year

I remembered when it was this time last year, I was feeling very good. Besides the fact that I got my bonus, my investment portfolio was showing a good gain then. But this year … (sign) … the value of my portfolio literally tanked by 15%. Was it expected? On reflection, yes, when I looked back at the first blog I published early this year. In that blog, I forecasted that the market would drop by 10-20% in 2018 and sadly it did. Forecasting is one thing but actually receiving the reality is another. It still feels very painful...

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I am feeling cash poor this year

I remembered when it was this time last year, I was feeling very good. Besides the fact that I got my bonus, my investment portfolio was showing a good gain then. But this year … (sign) … the value of my portfolio literally tanked by 15%. Was it expected? On reflection, yes, when I looked back at the first blog I published early this year. In that blog, I forecasted that the market would drop by 10-20% in 2018 and sadly it did. Forecasting is one thing but actually receiving the reality is another. It still feels very painful...

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Index Portfolio Delivering its Value

Some of you who have started following my blog earlier may remember that I have an Index Portfolio (modeled after a permanent portfolio concept) alongside my Growth/Income Portfolio. It has been a long time since I last spoke about it, so I thought I will do it today. While I was actively managing (aka trading) my growth/income portfolio, I have not neglected my index portfolio. In fact, as of today, the value of my index portfolio has doubled (+100%) in value mainly through capital injection from monthly purchases of ETFs on SGX and little selling in between. Over the...

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Index Portfolio Delivering its Value

Some of you who have started following my blog earlier may remember that I have an Index Portfolio (modeled after a permanent portfolio concept) alongside my Growth/Income Portfolio. It has been a long time since I last spoke about it, so I thought I will do it today. While I was actively managing (aka trading) my growth/income portfolio, I have not neglected my index portfolio. In fact, as of today, the value of my index portfolio has doubled (+100%) in value mainly through capital injection from monthly purchases of ETFs on SGX and little selling in between. Over the...

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6% Yield Portfolio

With the last company on my watchlist reporting its quarterly results yesterday, I can wind up my dividend collection for the year already. I have managed to hit 6% yield from my portfolio. This outperforms my expectation of a 5% yield, with the help of some margin trading. While I am happy with this, the sharp decline in the capital value of my holdings of late means that if nothing change from now to end of the year, I will be looking at a loss of ~ 6%. It is extremely painful to know that after a year of...

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