Author: KPO and CZM

Juggar – P2P Lending and Share Financing Platform

Disclaimer: This is our first sponsored article :) Edmond Tan, one of the Co-Founder at Juggar reached out to us when Juggar did a soft launch a few weeks ago. After a few emails to and fro, I thought that this was pretty interesting and agreed to write an article on it. What is Juggar? Juggar is a P2P lending platform for share financing platform. If you are familiar with the other P2P lending platforms available in Singapore, names such as MoolahSense and Funding Societies would come to mind where you will be the “debtor”, lending your money to...

Read More

StashAway – September 2018

I blogged about StashAway Withholding Tax Reimbursement for FY 2017, compiled the total dividends and fees and concluded that the portfolio is pretty sustainable (dividends > fees) without injecting more funds. In hindsight, CZM’s decision to stick with the current P28 portfolio seems to be the better move as compared to a 100% equity (highest risk) portfolio as the stocks market went into another round of correction in the last 2 weeks. 1. ACCOUNT SUMMARY (as of the last day of the month) Based on the statement (30 September 2018), we gain $310.18. As of 18 October 2018, the total return has been...

Read More

StashAway Withholding Tax Reimbursement FY 2017

2 weeks back, I received an email from StashAway titled “You’ve received a dividend withholding tax reimbursement” but have yet to look into it until a few days ago. Chances are you (StashAway users) would have received it as well. This was a pleasant surprise because we had long accepted it as one of the cost to invest in the US and were not expecting to get the withholding tax back. Interestingly, it was stated in one of the FAQs that the taxes can be claimed back and is done by the broker (in this case, StashAway’s broker is Saxo)....

Read More

Portfolio – September 2018

This update is way overdue! We were too busy with our wedding (I probably sound like a broken recorder) and didn’t really had the mood to do any other thing. Now that it is over, I am back in action :) In total, we spent about $6.5k on our wedding which was within our budget. You can read this article for more information on the breakdown of our expenses – Our Wedding Expenses is Within Our Budget! On 11th Oct 2018 (last Thursday), the market went all red and our portfolio lost $9k in a day! If we were to include the...

Read More

Our Wedding Expenses is Within Our Budget!

Hello everyone! It has been a while and our wedding is finally over! Both of us have been upgraded from S to M (not Small to Medium but Single to Married) <– that’s what our JP (Justice of the Peace/solemnizer), Mr. Mike Tam Chee Wah said. The ceremony was entertaining and he was able to alternate between both languages (English and Mandarin) comfortably. We certainly made the right decision to engage him as our JP. One of my brothers was so impressed with him and tried to book him for next year but he was already booked. Do try to...

Read More

Expenses – August 2018

As usual, this should be my last post for the month before our big day! We will be having our 过大礼 (Guo Da Li – GDL) next week and it will be ten ten ten ten before we know it. Current Profile: 28 years old male planning to get married this year and is still living with his parents You can read more about how we manage our finances here. Removing our shared expenses which come out of our mutual fund (KPO Expense Fund), my expenses for August would be $3,008.64 – ($1,757.26 / 2) = $2,130.01. Wedding Banquet – We started...

Read More

OUE Commercial REIT Rights Issue – Very Very Very Bad Deal

If you are an existing shareholder, you should be aware of the proposed acquisition of the office components of OUE Downtown. You might be aware that I actually do like rights issue as they present an opportunity to accumulate more shares at a lower price. However, I have sold all my OUE Commercial REIT today (8,000 units @ $0.605) and these are the reasons why I will not be participating this extremely bad deal (at least for my case). Some important numbers to take note:– 83 rights units for every 100 existing units– issue price of $0.456– TERP of...

Read More

StashAway – August 2018 + An Unpleasant Experience

StashAway introduced 3 new portfolios last month and Financial Horse has done an excellent write up on it – The Weekly Horse: Review of StashAway’s new “High Risk” Portfolio. Do read it if you have not as it is definitely interesting enough for Michele, the CEO of StashAway to leave his comment. Due to the introduction of the new portfolios, we had some unpleasant experience with StashAway. This would have been a post by itself if we did not go to New Zealand and gotten so busy with our wedding preparations. I am willing to take on more risks (stock...

Read More

Portfolio – August 2018

Time flies! We just came back from our 2 weeks vacation to New Zealand and there is only about 1 month left to our big day! I guess I will be blogging lesser this month as well in preparation for the big day. We have yet to make our photo album or prepare our script >.< After doing a 2018 Mid Year Review, I decided to make some changes to my spreadsheet to track/include investment into StashAway too. The one in blue is the StashAway portfolio, green is SGX and the total is in black. Our portfolio increase by 2.41% to $358,792 – $12,315.89 of capital injection and -$5,039.41...

Read More

Expenses – July 2018

This should be my last post for the month! CZM and I (together with her family) will be flying over to New Zealand this Saturday :) Current Profile: 28 years old male planning to get married this year and is still living with his parents You can read more about how we manage our finances here. Removing our shared expenses which come out of our mutual fund (KPO Expense Fund), my expenses for July would be $3,169.84 – ($1,943.80 / 2) = $2,197.94. Wedding Banquet – We started making monthly installment payments to the hotel in order to avoid the lump...

Read More

Capitaland – An Undervalued Blue Chip?

Capitaland needs no introduction. It is currently the 2nd largest investment in our portfolio and we have recently bought more of it even after the cooling measure. The green arrow indicates that the latest action within 14 days is an increase in position. To be exact, we bought 1,000 @ $3.13 on 6th August 2018. Besides busy preparing for our wedding, I have been spending some time working on a side project. The idea is simple and is based on mean reversion which means that everything will return to their mean/average eventually. I first load a bunch of historical stock...

Read More

StashAway – July 2018

Time flies! StashAway sent out a 1-year anniversary email around the end of July. In the email, they shared the performance of the various portfolios (P4, P8, …, P28) and gave a sneak peek into higher return/risk portfolios which will be introduced in the next few weeks. Rachel Dance from StashAway reached out earlier and provided additional information/charts but I shall not reveal too much until the official announcement is out! To be honest, I am looking forward to that because I do believe at our age we can take on more risk. In addition, there was a “gift”...

Read More

Portfolio – July 2018

Busy busy, it should be evident from the frequency I am blogging and it has been months since I played Monster Hunter! We are currently preparing for Guo Da Li (过大礼) which means more expenses! We have about 2 more months to our big day! So near yet so far! CZM has been asking if I am excited and, to be honest, the excitement has yet to kick in (probably only the day/week before?). I am more worried/concerned that things will not turn out smoothly. After doing a 2018 Mid Year Review, I decided to make some changes to my spreadsheet...

Read More

Expenses – June 2018

Another month has passed and we are closer to our wedding. CZM has been counting down and stressing me, less than 100 days to go! We did our pre-wedding photoshoot and it was an extremely tiring day! I failed to do the 新娘抱 (carrying the bride) and it has become one of CZM’s regret. Besides that, everything went smoothly thanks to my dad for driving us around and CZM’s brother for carrying a bunch of helium balloons in NTU while waiting for us to arrive. Hahaha. Current Profile: 28 years old male planning to get married this year and...

Read More

Hyflux Saga – Obvious Red Flags!

This should not be a new news anymore, Hyflux defaulted its coupon payment for its 6% perpetual securities and has applied for a debt reorganization and in the worst case scenario, it may even go bankrupt. Unfortunately, I realized that a few of my colleagues are/were holding either the shares or the perpetual securities. They were under the impression that it is a monopoly and is back by the government so nothing will go wrong? I got curious and went to take a look at its Annual Reports over the years. To my horror, there was an obvious red flag! Turns...

Read More

Like us on Facebook

Follow us on Twitter