Author: The Tale of Azrael

Portfolio Transactions Update (Sep 2017)

Updates for my dividend portfolio for September 2017 Still need a lot of work on my portfolio watchlist, looking to include shares from other developed nations. But all of these are on hold as I’m working on my eCommerce hustle. There’s nothing to buy recently either though. Buy Comfort Delgro at 2.05 (Averaging down) Reasons Valuations are near 5-10 year lows, Dividend Yield at about 5% (Crisis ~5%), PE at 14.0x (Crisis ~9.7x). Competition is really heating up from Grab and Uber (though the latter two still seems to be loss making) and is pressing prices down, taxi utilisation...

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Mid Year Update

Been pretty busy recently. On Work Great to say I am promoted at work (Thank you again WC!), though what came with it after was me being shifted to another team due to business needs, hope to do well in the new place. Just have to approach it with an open mind and see how it goes. On a side note, this also means I’ll lose two month of night shift allowance, meaning less cash injections into my portfolio, though the promotion did help cover the loss. On Amazon eCommerce As from my prior post here, I was interested...

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A Weekend at Investment Quadrant Workshop

Sorry for the hiatus, was really busy. Didn’t really have time to write down my thoughts much. Hell, I don’t really have much time to even glance at charts to look for potential buys, let alone screen or analyse the remainder of my watchlist (doesn’t help that I just added a few more). It also didn’t help due to some changes at work paired with an increased work load.  I’ll probably do a mid year update later. ——– As some of you may have previously read, I have signed up previously under Fifth Person’s Investment Quadrant as a way...

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Net Savings rate for Singaporeans with CPF

Well, as you know, many online articles (especially US, at least from my experience) advocate saving at least 20% of your income.And as we all know, whether we like it or not, 20% of our salary is usually saved automatically into an account we call CPF.But that’s not the full story.Fortunately for us, similar to the 401k, there’s sorta a matching contribution, just that instead of 1:1, we get along the lines of ~1.2:1. They would contribute about 17% every month as well.One day, I was pondering about why are we so hard up on money for retirement, despite...

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Portfolio Transactions Update (Apr 2017)

Updates for my dividend portfolio for April 2017 Trying to finish the remainder of my watchlist, leaving mostly REITs (I’m only 74% of the way T_T). Sell Soilbuild REIT at 0.68 Reasons Previously average down using Rights Issue to 0.668. It did not fit my risk profile (due to heavier O&G exposure), as well as I feel I have too many REITs ^^” Let it go once it broke even at price after comms Made about return 6.5% after dividends Buy Singtel at 3.82 Reasons Significant drop in the morning ~4.58% yield is decent, midway between the dividend yield...

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Consolidating my portfolio and diversifying

Been busy recently, and trying to start an Amazon ecommerce business as a sideline to provide additional cashflow (as well as doing some additional due diligence in reading materials related to it). Haven’t had much time to work on my watchlist as well. Finally got to combining my US and SG portfolio together, and thus will track something like the FTSE All-World Index funds for a better comparison. On a side note, I have achieved a total portfolio size of 50k now. Still relatively small but at least it is a milestone :) As portfolio gets bigger (pity my...

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STI ETF Benchmark comparison

SGXCafe is a great portfolio management website for me (although I do my own excel spreadsheets to track as well). However, there was always something that bugged me. There is a time weighted return benchmark of my portfolio vs the STI ETF, however, for XIRR there was none. So I was bored and all and decided to create 3 separate portfolios of STI ETF, Bought on the closing price on 10Nov14 (the day I started) Buying 100 shares each time on the 18th of the month (this was a mistake in entry, but since I generated it already, might...

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OCBC 360 MEH update!

Well, this morning I woke up to an OCBC notice about the 360 account. Talk about meh. Not something I wanna wake up to. So summarise the changes, they put: I would be getting 1.2%+0.3%+0.05%, with an optional 0.3% (I am recently spending less than $500 on my credit cards). So that’s 1.55%+0.3% for the 360 account. My first thought was looking at my current profile and matching with the closest competitor, BOC Smartsaver Looking at the criteria, Credit card spend: Monthly Spend* Bonus Interest Rate (p.a.) S$1,500 and above 1.60% S$500 – < S$1,500 0.80%  Salary Crediting: Amount...

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Portfolio Transactions Update (Feb 2017)

Updates for my dividend portfolio for February 2017 Trying to finish the remainder of my watchlist, leaving mostly REITs (I’m only 72% of the way T_T). Sell ARA at Buy M1 at 1.76 Reasons Figured it is very close to delisting price (due to a recent spike upon announcement), as well as the announcement that no special dividends will be paid, maybe I cash out now.  Looking at a 2.4-2.5% fixed deposit return (arbitrage play see post here). My mistake was that I totally forgot about commissions eating into my profit (that’s why I have been picking scrips for...

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Tibits I learnt from "Building Wealth Through REITs"

Had a discussion with a classmate during a wedding of another (Congrats again, P!), where we also knew almost no one on the table as well. Was having some discussion about condo rental in Singapore. That got me thinking, so I decided to find some ebooks on the subject (with many people being able to publish ebooks easily nowadays, it is quite annoying to find the gems as there’s many infomercial like books, meh), as I don’t know much about property rental/flipping. After which, I realised I have not really read much into REITs (Mostly know them through Fifth...

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Singapore Savings Bonds in OCBC iBanking

Recently I noticed that there was a new option in OCBC iBanking. I was looking through the website and I saw this option: Seems like we can buy SGS from iBanking now! Clicking on it, we get: Looks like even the Singapore Government Securities (SGS) are there! For the ease for most people (no volatility) and considering SGSs are rather illiquid, I would discuss SSB for this post (I’ll probably go for SSB myself). Looks like there’s still a service charge of $2, but good thing is that there’s no longer a need to go down to the ATM...

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Tibits I learnt from "Portfolios of the Poor"

I have been slowing down the number of posts recently as I have been reading more often (takes some time). Thought might be good to share some interesting things I learnt from reading books (I’ll read some fiction in rotation so not all would be focused on learning). So here we go. The premise of the book is about clearing up misunderstandings about who, what and how the poor live. Social media has not really helped much in understanding the poor, as we impose our lifestyle ideals/expectations on them. Examples are: We think that they are living hand to...

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Getting into eBooks

Normally, if I read on my phone I tend to use FBreader (the sepia background helps with reading). But prolonged reading depletes the batteries really fast. The small screen makes it harder to read long articles and books too. As my book shelves at home are getting full from buying too many books (maybe I should let go some of them). So I thought I’ll venture into reading ebooks. However, my primary issue is screens, be it on my computer monitor, mobile phone or windows tablet tend to be glaring and tiring for prolonged reading. So I recently bought...

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2016: A year in review

Thought I’ll do a review of 2016. On my own personal finances   Missed investing savings target of 18k/yr, Only hit about 15k this year. Had kept my expenses very low, however, had to fork out cash to buy and replace stuff that broke. My current practice on increments from my job is 50:50 split, 50% to savings/investments (rounding up to the nearest 50) and 50% to expenditure, I’ll review again to see if it allows more buffer to spending in case of replacement (hope I get a nice increment too). On my Singapore Stock Portfolio Portfolio returns this...

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Portfolio Transactions Update (Dec 2016)

Updates for my dividend portfolio for December 2016 Currently, I’m looking to cut more REITs from my REITs watchlist and probably add 1-2 companies into my non-REIT watchlist. Progress is rather slow (I’m only 58.5% of the way T_T). Buy M1 at 1.915 Reasons Valuations are near 2008 crisis levels as well as lower than the usual high range, Dividend Yield at about 8% (Crisis ~10.89%), P/CF at 7.5x (Crisis ~4.3x) Considering the 4th Telco, even if profits are slashed by about 15-20%, we are looking about 6% yield which I feel I am comfortable with (REIT yield on...

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