Portfolio, Blog and Personal Update – May 2021

I have been busy renovating my house and thankfully Covid did not throw too big a spanner at our plans. Renovation has been completed and most of the furniture are in. However, there is still the herculean task of moving our stuff in. We exceeded our budget slightly, but I have enough buffered. I also managed to replenish my cash reserves. I will eventually like to blog about my renovation cost but I have to check with my CO first. My boy has started playgroup. As a new father, seeing him cry bitterly can be heart wrenching. However, I am glad that things are much better after 2 weeks. I have exported my entire portfolio to Google Sheets because my wife shared that she does not know where my assets are and in the unfortunate event (touch wood), she will need to know. She is not a number or tech person; hence Google Sheet is ideal to let her know of my assets. I am still using StocksCafe to track my dividends and calculate my cost though. I will be progressively moving everything e.g., Net worth, Insurance etc. into Google Spreadsheet. For passwords, I will use Dashlane sharing feature. As a MoneyOwl account holder, I will leverage on the platform to draft a will.

Stocks Only Portfolio

I missed out my 1 free Apple share from MooMoo and will add it in my next update.

My Little One (MoneyOwl)

Start Date: May 2020 Allocation: 60% Equities, 40% Fixed Income Investment Amount: $300 per month

My Sweetheart and I (Endowus)

Start Date: Jun 2020 Allocation: 60% Equities, 40% Bonds Investment Amount: $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

Investment Portfolio

Jan-21 Sold CDLHT to buy more FEHT – Not sure if it is good move as both dropped by 6% Bought Overseas Education Feb-21 Bought DBS Mar-21 Bough UOB to complete the “Big three set bonus”. Subscribed to Astrea VI Bonds. Apr-21 Bought DBS. I missed out on the scrip and will have to be mindful not to miss out on OCBC. Although I started MoneyOwl and Endowus at the same time, the MoneyOwl returns is higher than Endowus. I realized that I chose wrongly – 40% equities and 60% bonds and have made the correction to 60% equities and 40% bonds last month. It would seem that holding more Equities will give a higher return as shown by my CPF investment (80% equities and 20% bonds). I am quite surprised at my Crypto portfolio. I have a modest amount of BTC in 2019 and added SGD3,000 worth of BTC and ETH in Jan 2021. It has since grown to 9% of my portfolio. While I do not intend to buy more Crypto, I am lending my Crypto out on various platforms e.g. Celsius, BlockFI and more recently Kucoin. The risks is very high especially for Kucoin. Thanks to my fellow readers, I have earned some BAT coins when you download and install BRAVE browser. I exchanged the BAT coins to USDT and lend it out via Kucoin. The amount is small but I may do a blog post if the amount starts adding up.

On the blog front, I have started a new Telegram Channel. Feel free to join and share your feedback.

I have not been actively clearing my blog’s email and I seek readers and bloggers understanding. I will strive to do so, one email at a time once I have moved to my new place completely. Finally, a timely reminder from a fellow investor:

I also suggest don’t go for so many things. I notice you have lots of things from various platforms on top of individual investments. If you are not going to be an active investor, just simplify your life and get 1-2 ETF and probably 3-5 blue chips (preferably not govt-linked). Then hold and keep adding along the way. Until your family have like 300K-500K portfolio then add one or two more new blue chip or ETF.

Hence, my investing strategy until I reach 300K will be to continue to load up on banks when the opportunity presents itself.

Featured image by Hanson Lu on Unsplash

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