Invest
Portfolio and Transactions – Jul, Aug and Sep 2021
By Derek  •  October 22, 2021
Investment Portfolio
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
7-July-2021 Apply for IREIT Rights 27-July-2021 Bought 2,000 shares of Lion-OCBC Securities Hang Seng TECH ETF @$1.158. A conversation with fellow bloggers on why I went into China Tech. 13-Aug-2021 Surprising all my excess rights for IREIT was filled. That's over 3 times my entitlement! It's a first for me and usually such a situation will only happen if no one wants it (think of my Sembcorp Marine). Fortunately the price after rights is still above my average buy price. 06-Sep-2021 Purchased $310 USDC from Crypto.com and transfer it to Celsius Network to enjoy the promo. Ended up paying a whopping $40 USDC in fees because I forget that the fee is deducted from the transferred amount. Hence, in order to meet the minimum sum of the promo, I had to transfer twice (2 x $20 USDC in fees). Fortunately, I still ended up with a net  gain of $20 USDC from the promo. I explored several platforms for the cheapest way to enjoy the promo:
  • Gemini was my first choice because it has free transfer but their platform do not have USDC or USDT.
  • Buying from Celsius is out due to the high cost.
  • BlockFI does seem to allow me to buy from Singapore
  • While I have Coinhako, the transfer fees is not exactly the cheapest
  • I did not explore Kukion or Hodlnaut (I believe Hodlnaut only allow transfers and does not allow buying of Cryptos).
Sold OTS Holdings and ended with a loss of $2 due to transaction fees. Although I like their luncheon meat, it is another reminder to myself not to fall in the IPO frenzy and to sell immediately once a profit has been made. 20-09-2021 Bought DBS at $29.80. If DBS reinstated to its 2019 dividends, I am looking at a yield of 5%. Purchased $250 USDC in Crypto.com to lend out at 10% P.A .for 3 months. [caption id="attachment_1499105" align="aligncenter" width="450"] How to purchase Crypto in Crypto.com[/caption]
 
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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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