Invest
SRS Portfolio – 31 Aug 2019
By Mr. IPO  •  September 1, 2019
Bond portfolio - finally some "luck" ? Following up on my post last week, I wasn't successful on SPH REIT perps. Reason given was that  my application amount was "too low" 😤.  I decided to "blow up" my application to $2m when UBS SGD AT1 perps was released. You can read about the bond by Fundsupermart here.  The final interest rate for the 5Y non call perps was priced at 4.8% and I was finally allotted $250,000.  I haven't decided if I should fund this purchase with more debt or with cash. If it is debt, whether to fund it in SGD (2.41%) or other currencies like EUR or JPY (0.75%).  Monthly passive income With the new bond purchase as well as the new OCBC position, the projected annual dividend / distribution income increased from $134,116 to $144,490 based on the latest forex rates and assuming I fund the purchase...
Read the full article
By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance