Cory Diary : Asset Allocation Review 2019-0810

Seems like it has been a while since last reviewed my asset allocations. Not that I do not like. I always have the curiosity on how they goes and prefer to check on them more often than not as I am a slow learner. Usually I will do a quick round of updates across my accounts and have them reflected. Thanks to excel, this is all done in minutes.

In this update, the computation is a lot more simple on a more conservative side of perspective angle. Saving allocation has been reduced to 10% but I think it can be further improve.


Liquid Cash Flows from Investments
Equity/Bond/Pref theoretical annual dividends : -
Gov Securities : - ( assume max 10 years )
Saving/FD : -

Investment Sub-Total : -


Maximizing Returns
Saving 10% allocation implied missing (updated for privacy)  possible earning. So I think maybe opportunity to tap more here in the future

Sub-Total : $0


Pension/CPF/Insurance
This will be buffer. Another is because I would probably tap on them after 65 yr old.

Sub-Total : $0


Rental Providence ( update : instead from income)
(updated for privacy) 


Cory Asset Annual Returns : (updated for privacy) 
I do have salary income. And I am still paying Insurance. For simplicity, they are excluded. I hope this is a realistic and simplified as I could get for estimating returns from non-salary income perspective. 

Happy to say this well cover my home loan today. 

My next goal is to increase my returns further to (updated for privacy)  annually from non-salary income with minimal risk.




Cory

2019-0810

Cory Diary : Trades - 2019-0809

I have been looking further into banks but find it not easy to buy more considering the interests rates are being talked down. Getting more Reits are a bit tricky. CMT and FCOT do have some lows past few weeks period but I do not have a chance to investigate further with my recent hospitalization. CMT yield is quite low so my keenness is limited and happy with what I have currently. Buying high yield with weak fundamental is risky. I rather leave my cash alone. They aren't the same league as Ascendas, Frasers, Mapletree or Capitaland breeds ...

STI Index

STI Index has seen rather dynamic swings whereas Cory portfolio has been rather mute. Other than Reits stability, I found could be the bonds which I have expanded to lock in some of my gains. A detail checks on my record I did do a smallish cash injection via my the other trading account. I did another cash injection  when STI went low again recently. This move up my STI Index allocation to more than 12% of my portfolio. This will also align to my interests if STI decides to move back up.

VICOM

As you may know, I have been ranting how small my exposure is in this counter. So I do some buying which boost my Portfolio Yield despite the price has run up this year. I feel there is sufficient positive to have a large stake in. I am more interested in their other businesses. So a bet there will be some growth while able to continue to support the dividend yield (excluding special dividends). This is quite an illiquid counter. You can't buy much and I suspect you can't do much shorts as the counter can spikes and you will be caught with pants down for a long time.

SIngtel

I have been holding from averaging down on Singtel till i see sufficient signs. The last one is the quarterly report which is kind of below expectation. This mean I need to wait for another quarter to review. Meantime, I reduce my stake further to lock in some gains YTD to buy more into Vicom. I almost decide to sell the remainder of Singtel to manage my counter numbers but decides otherwise as there could be rebound that I will hate to miss.

Netlink BNB Tr

As you may be aware . I am back on securing some from this counter. Frankly, the feeling is good as the price goes back up quicker than I expected. So is just a small moon in my bubble chart. Nevertheless, I am glad to be able to get some.

My family and I are very well vested in Singapore. We hope Singapore continues to prosper. So our wishes may this continues !

Happy National Day, Singapore !

Cory

2019-0809

Cory Diary : laparoscopic cholecystectomy

If anyone wondering what the hell it is, I went for ER more than a week ago and end up for laparoscopic cholecystectomy surgery on the same day. Basically to remove my gall bladder and to solve other complication. I would say this is one of the unpleasant surprises I have this year.

Mood swing from positive to delight to negative to very negative .... and then mood came back positive day by day ... all within the span of one week. Sounds like stock market huh ? My wife needs to cheer me up during this period. Think I did more than 10 X-rays ....as well. Fortunately I did not fall into depression from my medical conditions. However, I did loose significant interests to trade considering I am bedridden literally for a week and 5kg lesser.

To be frank, during this "Horrific Period", I took a couple of seconds to glance on my counters despite my mood swings. Today I am back on my desk, to tally up my dividends and portfolio value. What a change for STI gaping down (data points as and when I update my data) to 3170. That's put it just 3.3 % gains this year before dividends.

As for Cory Portfolio I am kind of surprise that XIRR still hold a good 15% YTD or Portfolio yield of 14% range. Do a double check for errors which seems good. The only explanation is that Reits again held up very well as we are compensated by dividends during current turbulent period which also probably gives the impression that the Reit market is sliding more than it was.

I am not sure is time for shopping. I do have some fund in cash management account to boost my portfolio yield (updated for privacy) . My timing on Reits do not have good track record so to speak.... but if I could find something stable for 6% I would grab. That's leave "little" candidates .... to speak of.


Cory

2019-0807