Author: KPO and CZM

Portfolio Performance in 2019

Let’s take a look at how our overall portfolio did for the year 2019. If you prefer looking at a graph. It seems that we have just very slightly outperformed STI ETF :) For the year 2019, our portfolio time-weighted return was 20.71% vs 8.78% (ES3: STI ETF). The overall performance since 2014 is 19.50% (time-weighted return) and 6.93% (XIRR). It has been a pretty great year! Too bad for those sitting/hoarding cash though. If you are wondering what is the difference between time-weighted return and XIRR, do read this article by Investment Moats. In short, XIRR takes cash flows into account while time-weighted return does not so the way...

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Portfolio – December 2019

Yay, the year ended with our portfolio reaching another new high as it increases by 1.34% to $463,297 – $1,556.74 of capital injection and $4,569.67 of capital gain. If you prefer to look at numbers, this is the raw data used to generate the above bar graph. These numbers are as of the last day of the month. On a side note, the numbers (cash flow and PnL) vary slightly as compared to the previous few months because I forgot to include CZM SRS investment when she rejoins the workforce. “Cash Flow” is the amount of money being injected/withdrawn from the portfolio (buying stocks = +ve...

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Advance Inspection – Post Renovation Defects Check

In my previous post here – Advance Inspection – Residential Inspection, I talked about our experience with the residential inspection i.e. pre-reno defects check. After BSC rectified all the major issues, we started with our house renovation. Honestly, we did not expect so many hiccups with our reno as we have done a lot of due diligence including checking online reviews, meeting up with the IDs several times to discuss on the designs/quotations as well as requesting to visit existing works. We have done everything that most people have advised. Even so, not everything went smoothly. You can read...

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2019 Net Worth

Let me start by wishing everyone a happy 2020 again! This was supposed to be my first post for the year but the move by DBS stole the limelight – DBS Multiplier Account Changes For The Worst. This year will be an exciting year with many many things to look forward to!1. This is our first year staying together as husband and wife in our new home for a full year. Expenses are definitely going to increase but we will be able to forecast more accurately as a family.2. We will be doing our RTW trip going to Mexico,...

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DBS Multiplier Account Changes For The Worst

Happy New Year everyone! Hopefully, this year will be a better year for all of us although it wasn’t much of a good start for DBS Multiplier account holders (ourselves) >.<” I think a lot of us were still hoping for a repeat of last year Cathay error fare only to see this news by DBS. When they relaunched the Multiplier Account a few years back, it was a game-changer. There were no minimum credit card spendings required, encourages people to invest genuinely through CDP (stocks or SSB instead of getting funds from the respective bank), treated everything as...

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Expenses – June 2019

For the last few months (since June), I stopped blogging about our expenses because there were just too many things ongoing – our house was doing renovation with a few hiccups, CZM deciding to do a semi-retirement (it ended after 1 month. lol.), I was looking out externally and went for a few interviews (decided to stay on now – shall blog about this another time), visited and returned from Canada/USA (yet to blog about this too) and planning for our RTW (Singapore – Mexico – Peru – Bolivia – Brazil – Switzerland – Singapore) which is happening next...

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Advance Inspection – Residential Inspection

Hello everyone! After a long hiatus, I am finally here blogging! I am sure KPO will be very pleased (and will stop nagging). In KPO’s previous post – Renovation Cost for Our New House, he talked about how we ended up choosing ID over contractor as we are not familiar with the renovation and would prefer to leave it to the SMEs (“Subject Matter Expert”) to deal with it. However, do we 100% have faith in them? Probably not, given all the horror reno stories which you see/hear from your friends/online. We also personally encountered one ID company who almost...

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Renovation Cost for Our New House

After about 4/5 months of renovation, we decided to move in on the last week of October before the final phase of the renovation was completed (touching up). We told the ID (interior designer) at the start that we are in no rush because we did not want to rush him/the renovation and compromise on the quality. Wrong move man, the ID really took his own sweet time and there were still a few major screw up -.- We decided to look for an ID for our renovation instead of taking things into our own hands and go the...

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Voluntary Contribution (VC) to CPF Medisave for Tax Reduction

I previously blogged about using SRS and CPF RSTU (CPF SA) but yet to blog on tax reduction using voluntary contribution (VC) to CPF MA. Since I just top up, might as well take some screenshot and show how it is done :) Calculate YTD CPF ContributionFirstly, the amount that one can contribute/top-up is subjected to the CPF Annual Limit which is $37,740 now. Even if one were to top-up more, it will be refunded (without any interest) but you wouldn’t want that to happen right? Log in to your CPF, click on “My Statement” on the left side of the menu....

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StashAway – November 2019

I recently wrote an Endowus CPF/SRS Review and will deposit some money into my SRS once my salary is in and invest them through Endowus. Anyway, we have 3 portfolios on 2 accounts now due to our new strategy – New Strategy: StashAway + Supplementary Retirement Scheme (SRS):KPO and CZM Cash – StashAway Risk Index 22%KPO SRS – StashAway Risk Index 36%CZM SRS – StashAway Risk Index 14%1. PORTFOLIO SUMMARY (as of the last day of the month) KPOCZMBased on the statement (30 Nov 2019), KPO made $‭‭‭3,055.49‬ and CZM made $‭‭‭128.96‬. Unfortunately, it seems that StashAway has removed the effect/return of Currency Impact in the statement as...

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Portfolio – November 2019

We are now in the last month of the year, last chance to do some tax planning/optimizing using CPF/SRS. I last blogged about one possible investment platform – Endowus CPF/SRS Review as well as an old but still relevant article on CPF RSTU – Is It Worth It? Our portfolio reached another new high as it increases by 4.15% to $457,171 – $9,856.48 of capital injection and $8,358.08 of capital gain. The one in blue is the StashAway portfolio, green is SGX and the total is in black. If you prefer to look at numbers, this is the raw data used to generate the above bar graph. These numbers are as of the...

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Endowus CPF/SRS Review

When Endowus was marketing about the possibility of investing through CPF, it got me really interested. In addition, the fees are lower if one were to invest using CPF, hence I indicated my interest and was put on their waiting list. Meanwhile, I was reading about Dimensional Funds here and there on Farma French, the various factors, etc. However, when it launched, I was slightly disappointed. 1. Underlying Funds are NOT Dimensional Funds The above is a cash portfolio with a -40% loss tolerance. The underlying funds are made up of 80% Dimensional World Equity and 20% PIMCO Bond...

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StashAway – October 2019

StashAway launched a new cash management portfolio and you can read about it here – StashAway Simple™ – Cash Management Portfolio. I am also reviewing Endowus CPF and SRS options and should be publishing an article on it soon. Do keep a lookout for it! Anyway, we have 3 portfolios on 2 accounts now due to our new strategy – New Strategy: StashAway + Supplementary Retirement Scheme (SRS):KPO and CZM Cash – StashAway Risk Index 22%KPO SRS – StashAway Risk Index 36%CZM SRS – StashAway Risk Index 14%1. PORTFOLIO SUMMARY (as of the last day of the month) KPOCZMBased on the statement (31 Oct...

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StashAway Simple™ – Cash Management Portfolio

StashAway launched a cash management portfolio called StashAway Simple™ today and it definitely looks very attractive at first glance! The email I received this morning. 1.9% interest is huge without doing anything (salary crediting, giro, credit card spending, etc.) and can be used as an additional savings account once people have maxed out their main savings account (You can read how we maximize our Multiplier account here – DBS Multiplier + SSBs + Joint Account = Higher Interest!). More so after Citi MaxiGain got nerf and it has higher interest and is more liquid than SSB. Having said that, at...

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Portfolio – October 2019

How was your 11.11? Did you manage to save money by not buying anything or save money by buying things cheaper? Anyway, we spent close $1k buying “essentials” and random stuff for our new house. According to Lazada, I am a “Savings Master” who had saved $902.78. lol. Sharing the first (and most expensive) loot to be delivered – PRISM+ X300 Ultrawide Gaming Monitor. The irony is we are not even using it to game, CZM has been complaining that my laptop screen is too small for her to work. Happy wife, happy life. The current price is $399...

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