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Portfolio And Blog Update – Jun 2020
By Derek  •  July 2, 2020
I have finally completed the Early Retirement Masterclass course and ‘graduated’ as batch 14. It was not easy as I had to take care of my son during the weekends and rush home from work on weekdays, but I have managed to achieve my primary objective of creating a collective portfolio. Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime. While Christopher does well in explaining his concepts, it is challenging unless I put it into regular practice. Fortunately, we managed to build a portfolio that can last for a year giving us the time to hone our skills. It is unfortunate that I am unable attend the meetup with my course mates this Saturday due to father duties, but I will continue to engage them in our Telegram Chat and Facebook page. I am waiting for Dr Wealth to come back to me if I can meet up with course mates from future classes. I initially wanted to build the portfolio using leverage, but I decided not to because of the time required to understand and monitor it regularly. While some brokers offer value added services to make margin trading easier for their clients, the money is ultimately mine and I would prefer to manage it on my own. (Special thanks to the Immortals for sharing their views and experience on leverage). I also explored with Tiger Brokers and transferred money into it but I eventually decided not to because it is still new. Just to share – I performed two fund transfers into Tiger Brokers and it took about 1 business day and 2 business days to transfer the money out. (Special thanks to my blogger friend for offering a competitive brokerage fee).
Lazy Man Portfolio 2020 (rebooted) There is an increased in REITS and Trusts stocks because ERM focus is on dividends from such stocks. Although Hyflux and Eagle are listed as suspended in SGX, StocksCafe is still reflecting the value before there were suspended, but I have long decided that I will not get anything back.
My Little One (MoneyOwl) Start Date: May 2020 Allocation: 60% Equities, 40% Fixed Income Investment Amount: $600 ($300 per month)
My Sweetheart and I (Endowus) Start Date: Jun 2020 Allocation: 60% Equities, 40% Bonds Investment Amount: $600 ($300 per month)
Let's Beat CPF (Endowus) Start Date: Jun 2020 Allocation: 80% Equities, 20% Bonds Investment Amount: $5,000 lump sum from CPF-OA
Blog Update I have completed the HTTPS migration. Target this month: 1) Complete all image optimization 2) Clear my backlog of emails. Apologies to readers for my late response.
Featured Image credit: Iyan Ha
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By Derek
Derek is an investor who follows Peter Lynch style of investing. He prefers to use simple and straight forward information for stock analysis. He started TheFinance.sg with the intention to bring together all bloggers and professionals who are interested or already in the area of Finance and Investing, and to create a community where everyone is free to write and to share their articles, experience and opinions.
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8 Comments

8 responses to “Portfolio And Blog Update – Jun 2020”

  1. Quote : I initially wanted to build the portfolio using leverage, but I decided not to because of the time required to understand and monitor it regularly. While some brokers offer value added services to make margin trading easier for their clients, the money is ultimately mine and I would prefer to manage it on my own. (Special thanks to the Immortals for sharing their views and experience on leverage).”

    Your brokers will be sad as they want you to leverage more to retire early with higher yield and larger portfolio. It is not just about time to monitor it regularly. During good time, you are laughing to the Bank; but during bad times, your balls shrink and you panic.

    Slowly earn more, save more and over time your portfolio grows. Your balls will be in good shape over future high market volatility.

  2. KH says:

    Hi, what is your take on the Early Retirement Masterclass ? Is it worth the course fees? How is the FB community experience – is it really as helpful as touted ?

  3. Derek says:

    Hi KH,

    Tough question because everyone investment approach is different. ERM focus on dividend stocks like REITs and Trusts. I won’t recoup my course fees anytime soon I am confident that I will continue to receive dividends for many years to come.

    I will recommend to attend https://www.drwealth.com/ermintro/ intro and ask Christopher any questions that you may have. It is also important to act immediately once the course is over else it will be really a waste of money.

    With regards to the Facebook group. IMO, it is one of the better groups out there where the topics usually revolve about the stocks in our portfolio.

    Cheers!

    • KH says:

      Hi Derek, I have attended the intro webinars and posted questions to Chris previously. Just wanted to get independent and honest feedback whether the course contents that is taught is worth the money. Also wanted to make sure not signing up for a scam. From your blog so far, i didn’t pick up any negative feedback or red flags to be wary of.

      I understand no strategy will turn one into a millionaire overnight, at the same time, I am wary of motherhood statements with no real practical advice.
      Do you apply leverage on your ERM portfolio ?

      Good to know that the FB community is helpful. Thank you

      • Derek says:

        Hi KH,

        I know Chris personally so I am confident he will not sell me some ‘snake oil’.
        I did not apply leverage due to the risk and effort to monitor it.

        I have dropped you a email so that we can communicate better.

        Keep the questions coming ya.

  4. KH says:

    Hi Derek, how is your ERM portfolio doing so far – how are the returns like ? any regrets or afterthoughts from the course? Haha

    • Derek says:

      Hi KH,

      My primary objective is to build a ‘slow and steady’dividend portfolio with low volatility so that I can spend less time managing my investment, and I have achieved that. The community is still actively sharing quality content. Overall no complains.

      Have you decided on the choice of your course or are you pursing the DIY route?

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