Apr 9, 2017

Cory Diary : The Lazy, The Dumb, The Struggle and The Greedy

Singapore is one of unique in the world where we have thousands of thousands in millionaire bracket without need to take risk in setting up business ourselves to be one. They are untapped potentials that financial funds always try to ZAP. Is not unheard of where hundreds of thousands HeartLanders were "Scammed" by Bank RMs, Insurance Agents, Property Agents, Business Investment or purely true scams.

"The Lazy" - those who do nothing. They leave their cash in cash or fixed deposits. The most some guaranteed "fixed deposit". Those that are Truly guaranteed. Not those lehman or mini-bond ...
Many also got hook-winded early by "Skirts" to buy Saving Type of Insurances Products. Investment-linked Insurance products.They are the first to clear their property loans. And also likely the one who will have heartbreak lossing $10 in a gamble. Stock market is vice in their atmosphere.

"The Dumb" - They may meddle in currency deposits. Get into Unit Trust and pay fat commission with poor or negative returns.A few got into transferring out their money for true scams and people still wondering why the government has to locked CPF to secure base line sane to us. They play stock market like in guerrilla warfare. Hit and Run is their game. No shit, some do strikes 4D.

"The Struggle" - Get into the Stock game. Some enjoyed the gambling in certain counters. Others in for more stable returns. Some thoughts blue chips mean passive. And the variant types get into Indexes, Preference Shares or Bonds within the equity sphere. The more savvy one make use of their CPF but most aren't and for the record most lose money. A number in the Blogging world hit jackpots and so are one who wield a Russian design Machine Gun or should i say an investment priest that has god of fortune double up on his back. In this abyss, even a Crazy Monk can be a top trader so why can't Bully Tutor be not included. But only Freedom Fighter has them documented and got historic recognition. The last but not the least,  I have to give the hand in the top prize to the story teller of the sages who has moats in his defenses where research and information flows.

"The Greedy" - Played the property game. Flipping like a dolphin. Some venture oversea for Forex and challenge thrusts. The lucky few got into Businesses. Most probably got burned. The rich got bruised only. The really rich few got foreclosure notice coming with huge headlines. And they are still many times over in wealth than average doe. A few tried theirs hands in high risk bonds and the fake rich leveraged and get banged.

Like souls moving through realms, where am I .... is a question at the point of time.


Cory
20170409

Apr 8, 2017

Cory Diary : You get what you measured - Cory Sample Portfolio Stock List

When first started investment in stock market, we likely deal with one or two stocks. The idea is to get a feel of stock trading. The mechanics. The excitement. In a Bull market, we will see proportional gigantic returns. Stock picks are probably Tips or from Newspaper reading.

After manage to save sizable sum for larger bets, this increase my stock punch or have a wider stock selections. Still can't bear any significant losses. Soon the start of reading Annual Report. This phase last the longest.

As the fund continues to grow, looked for stability in exchange for lower returns. Predictability has price. And slowly expand to portfolio level of management. In this aspect, we see thinks in more macro investment level and soon managing risks using Preference Shares, Bonds, Index and speculative positions. There is lesser excitement and always reading to find way to spruce up the investment.

Cory Portfolio some point in time



10% Max seems about right for each entity. And increased diversification from 20 to about 30 range. Currently I am still doing more than 100 trades a year so the change seems can be quite drastic since i do multiple buys and sells for a stock. The goal will be more dividends focus and stabilize my investment fever. 

At the next phase, I should be looking for optimization of asset in performance measure. This will means including CPF and FD/Cash into the Performance equation. Obviously this will bring the overall score down further. It is what it is. However my absolute return will climbs and that's what matter. Portfolio yield will be secondary though still important.


Cory
20170408

Apr 2, 2017

Cory Diary : STI the Year you are BORN

With STI Index run up recently. Many people maybe interested.

Below, One Picture speaks a Thousand Words with Dividends. Buy Low Sell High. :-)
























Cory
20170402

Cory Diary : Q1'17 Performance


Funding Injection

For the 3 months in 2017, I have injected roughly 30% more into my portfolio which would have been laying low in the banks. This reduced my XIRR YTD as there are no income from the 3 months due to enlarge base. The needed injection provide needed base earning and driving for potential future performance. This left my Cash/FD now comprises 31% of my Net Worth.

Funds are injected in

- Singapore Saving Bonds funds are mainly from idle cash/fixed deposit in saving banks. They will likely my future emergency fund location.

- Reits Oversea Exposure as I still feel Singapore dollars will stay weak for some periods. This has seen good rise in price just recently.

- Five Speculative trades just entered. Each quite a sizable ones. No result yet. Time will tell.

(updated for privacy)


XIRR (Compounded Returns)

Apparently last week of market push up my score a little. However this time I am more interested in other metrics. Over the years I have been injecting funds into SSB, PS and Bonds, naturally my XIRR will lowered. If FD has been included, score would have been worst since their returns are between 1-2% range. I need to understand the overall implication and how I can fully utilize while protecting my asset.

- Correction -
Cumulative XIRR from 2007 Jan to 2017 Mar : 6.7% (Cory Portfolio )
Cumulative XIRR from 2009 Jan to 2017 Mar : 8.4% (Cory Portfolio )

whereas STI Index ( 2007 Peak to 2017 Mar ) barely hits 0.6 %.


Since my portfolio has PS, Bond and SSB, is too much work to extract out trades on them. I decided to do a manual simulation just for the past year on short term performance.

- Correction -
XIRR from 2016 Jan to 2017 Mar  : 7.2% (Cory Portfolio )
XIRR from 2016 Jan to 2017 Mar  : 8.7% (Cory Portfolio excluding Fresh Fund in 2017, PS, Bond and SSB)
XIRR from 2016 Jan to 2017 Mar  : 12.3% (STI Index)

The first 3 months of STI Index records significant gains riding on Banks.

Cheers

Cory
20170402