Author: SingularityTruth

Why I Use XIRR and How I Calculate It?

Firstly, I would like to start by saying that this is how I calculate XIRR for my portfolio and this may not be the right way to do it. If I remembered correctly, using XIRR to track your portfolio is controversial and there are people who think XIRR should not be used and there are different ways of doing it.  When I just started investing, I do keep track of my cumulative return and CAGR but I feel that the values calculated do not really reflect the performance of my portfolio. Cumulative return do not take time into consideration,...

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January 2019 Portfolio Allocation Update

Stock Allocation  Change LogAdded NetLink NBN Trust My initial plan was to start portfolio capital injection in Feb but the market has turned bullish so quickly that I decided to do a round of capital injection first. I will still continue to add to my portfolio in the next few months. Separately, I have accepted the VGO for M1. Based on the recent updates, the joint company by Keppel and SPH, Konectivity, only manages to gain an additional 1% of shares that they do not own. I personally think that whether the deal will go through or not largely...

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Feb 2019 Singapore Savings Bond

Other Issues of SSBs Compared to Feb 2019  Issue The Feb issue for Singapore Savings Bonds was quite disappointing as both the interest rates for  short and long term were lower and did not match up to the previous month issue. The interest rate for the first 3 years remains constant and there is no premium in holding the bond for a longer period. Without any doubt, there is no need for me to replace my existing bond and no action is needed this month. For those who are interested in subscribing, I guess this will also be temporary...

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2018 Portfolio Performance Review

As of 31 December 2018 Total Portfolio Unrealized Gain/ Loss: -$745.50Total Dividend Collected: $74,855.89XIRR (Since Inception): 4.85%In 2018, my portfolio has lost all its lustre as all the unrealized gains were wiped out in 2018. But there is no reason for me to panic as the dividends collected over the years provided some buffer for my portfolio to go into retreat, which is why I continued to stay vested. We are now half-way through the first month of 2019 and STI has rallied around 7%. Hopefully the rally will persist. I considered myself as an ‘aggressive’ investor with a...

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Dividend Collected in 2018

Dividend Collected in 2018 Dividend/ Interest payout for the month of December 2018FAR EAST HTRUST ASTREAIVB280614 FRASERS L&I TR SPH Dividend Collected to Date Total Dividend for 2018: $16,517.28Average Monthly Dividend (YTD): $1,376.44Total Dividend Collected (Since Inception): $74,855.89The dividend collected in 2018 has exceeded the target of $16,000. This in an increase of 12.8% as compared to the dividend collected in 2017 and averages to about $1,376.44 per month. This year I will continue to increase my portfolio size and will try to exceed the dividend collected last year. REITs will remain as my main driver for dividend income...

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2018 Year-End Portfolio Allocation Review

Stock Allocation There was no stock transaction for the month of December 2018. Next capital injection should be around Feb 2019. There is a possibility that US and China may reach an agreement earlier than Mar as Trump recently tweeted that the negotiations are making good progress. This would be a good catalyst for the market to rally in the short term if a agreement could be reached. STI is hovering around 3000 points and has not breached the 3000 psychological barrier by end 2018, so we are still not in full panic mode yet. Not sure how long...

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2018 Year-End Reflection and Game Plan for 2019

In the blink of an eye, 2018 will be over soon and another year has passed. This year has been a big drought for IPO as none has attracted my attention. IPO aside, there were a other few listing which I applied for, namely, Astrea IV4.35%B280614, Temasek 2.7% 231025XB and the NikkoAM SGD IGBond. These products are non-equities and have low correlation to the market movement. I personally like all these additions to my portfolio as they provide further diversification to my portfolio. Portfolio return has fallen this year even though portfolio size has increased with capital injection of...

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2.01% Jan 19 Singapore Savings Bond. Really that good?

Average interest per annual for 1-year and 10-year period The Singapore Saving Bond’s interest rate for 1 year holding has been making new high for the past three consecutive months. The issue in Jan 19 is not only a new high but it is also the first time the rate has exceeded 2%. Sounds attractive? In fact, the Jan 19 issue may not be that attractive if the duration of holding is taken into consideration. This is because the long term average interest per annual has fallen to just 2.45% for holding 10 years. If you compared it to...

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2.01% Jan 19 Singapore Savings Bond. Really that good?

Average interest per annual for 1-year and 10-year period The Singapore Saving Bond’s interest rate for 1 year holding has been making new high for the past three consecutive months. The issue in Jan 19 is not only a new high but it is also the first time the rate has exceeded 2%. Sounds attractive? In fact, the Jan 19 issue may not be that attractive if the duration of holding is taken into consideration. This is because the long term average interest per annual has fallen to just 2.45% for holding 10 years. If you compared it to...

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November 2018 Portfolio Results

As of 30th November 2018 Overall portfolio is still with positive unrealized gains. November was a much better month as compared to October as unrealized gains increased slightly after the recovery from Red October.  Dividend collected was also slightly higher in November. Market remains pessimistic as negative news continues to hoard headlines. Trade war, raising interest rates, inverted yield curve, Brexit, slower global growth etc. Without any good news, investors are cautious and I also chose to stay at the sideline to watch. Will there be a Santa rally or January effect? With the deadline for US-China trade agreement...

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November 2018 Portfolio Results

As of 30th November 2018 Overall portfolio is still with positive unrealized gains. November was a much better month as compared to October as unrealized gains increased slightly after the recovery from Red October.  Dividend collected was also slightly higher in November. Market remains pessimistic as negative news continues to hoard headlines. Trade war, raising interest rates, inverted yield curve, Brexit, slower global growth etc. Without any good news, investors are cautious and I also chose to stay at the sideline to watch. Will there be a Santa rally or January effect? With the deadline for US-China trade agreement...

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Step-by-Step Guide to Application/ Redemption of Singapore Savings Bonds

The reason I am doing a simple step-by-step guide on how to apply and redeem Singapore Savings Bonds is because I received a few comments from my previous posts suggesting that it is not worth the effort to swap the bonds. I was quite puzzled as both application and redemption can be done easily using internet banking, so the effort needed is really minimal. Hopefully, the process of application and redemption should not deter people from switching their bond with better bond issues. Application and redemption can be done via ATM but I think internet banking is the easiest...

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Step-by-Step Guide to Application/ Redemption of Singapore Savings Bonds

The reason I am doing a simple step-by-step guide on how to apply and redeem Singapore Savings Bonds is because I received a few comments from my previous posts suggesting that it is not worth the effort to swap the bonds. I was quite puzzled as both application and redemption can be done easily using internet banking, so the effort needed is really minimal. Hopefully, the process of application and redemption should not deter people from switching their bond with better bond issues. Application and redemption can be done via ATM but I think internet banking is the easiest...

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9% Interest for 1 Year. Good Deal or No Deal?

Recently, Facebook pushed one of the following advertisement to me, an investment offering 9% interest over 1 year period. As a financial blogger, I took a deeper look and decided that I should do a quick review. The investment is offering 0.75% interest each month for 12 months. The total interest is 9% for a year. The interest will be paid monthly and the capital will be repaid at the end of 12 months. The investment is backed by the company itself and is looking at pooling $10 million worth of investment fund. The minimum amount to invest is...

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9% Interest for 1 Year. Good Deal or No Deal?

Recently, Facebook pushed one of the following advertisement to me, an investment offering 9% interest over 1 year period. As a financial blogger, I took a deeper look and decided that I should do a quick review. The investment is offering 0.75% interest each month for 12 months. The total interest is 9% for a year. The interest will be paid monthly and the capital will be repaid at the end of 12 months. The investment is backed by the company itself and is looking at pooling $10 million worth of investment fund. The minimum amount to invest is...

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