Cory Diary : Feedspot

Just get to know about Feedspot recently from an IN friend.

https://www.feedspot.com/ 

https://blog.feedspot.com/singapore_investment_blogs/

"Top 75 Singapore Investment Blogs" . Proud to know I hit 38 :)

Cory

2019-1222

Cory Diary : Income and Expense 2019

Year 2019 is special because Cory becomes a father to a baby girl. Unlike most parents, financially Cory is much more ready. The thing lacking is experience which Wife will always take care or be ready to remind Uncle Cory ..... . Nevertheless, raising baby is really not easy. The good thing is we have Baby Bonus supports and this do help some. Fortunately, company is also supportive and provide as much work from home time and leaves as needed.

Expenses wise, as previously blogged ( link ), kind of exploded and will not come down significantly for years. Good problem to have. How to fix it is to ensure that we have higher saving prior, predictable income, investments or saving to mitigate which the last option is not a viable plan for wife 😂.

For 2019 Income, Cory has a good bonus. This helps to pay for Income Tax and Parents Allowances. A nice surprise is that some of the Company Stock has also come into vesting period and this help to add into the year end 2nd Bonus. Hmm, why has this becomes a so look forward thing ...

For 2019 Expenses, the value expects to cross $140, 000. This is inclusive of home loan which is a major ticket item. However, Net worth and Income Returns looks able to match the increase in spending ( above chart ).

As Cory has stake in lower levels investment returns such as SSB and FDs, all additional savings could go into higher equity returns in Year 2020 to build higher dividend income plan. Investment returns wise, returns has been quite significant which will be blogged later once year ended. Touch-wood it will not change negatively by then.

Before signing off. Two wishes from Birthday Boy.

1. To do : Things that we could change. ie. Continue working. 
2.  Not to do : Focus on things that we could not change. Negative thoughts.


Cory

2019-1220

Cory Diary : Mini-Repeat of Sell Down of Reits Stocks

Yesterday STI Index was up. Interestingly, many of the key Reits are down. This have some similarity whenever there is longer term view that interest rates have dropped enough especially when the trade deal could conclude positively.

As blogged earlier ( link ) , and the shift to Banking Sectors. This has acted as counter balance to the Reits. While Cory can never be sure they will always be on opposite polarity, it does put the portfolio at much lower risk which makes a lot of comfort sense.

Will this trend continue will be anyone guess. Hope that there is some attractive valuation for Cory to pick from the ground.

In the meantime, Cory steals some Astrea 3.85% lots before Ex-dividend. If calculation is correct still get roughly 3% yield. The funny thing is Cory sold some Frasers 3.65% Bond to the market to par down his 6 digits interests to 5. To shift some of 3.65% yield asset to 3% is something to wrap about. As long one is happy, who cares.

Cory also decided to expand a little more into AGT for the yield and of-course the bonus will be the buyout. Talking about Bonus, Year 2019 Bonus is quite cool. Looks like is good to work as long as possible. 😎

Anyone watched "The Mandalorian" ? Investment can be lonely ....

Cory
2019-1212