From start of year till now, Portfolio has undergo significant changes with my thinking and progress. Expense Ratio is now at 0.85% which almost $10 K. I think did about 150 to 200 trades. One of my practice is to break down my purchases and sales so that ramp up the numbers. Thankfully my broker has agreed to give me a better rate.
Year 2019 has been joyful because of lowering yield pushing up Reits. I would think the curbs on property helps too as there is too much cash in the system looking for safe returns. Whether it will fallback is anyone guess but for dividend players this could be good news ironically.
This is the first time i present my portfolio in excel in this format. Something which I have been using for long time. Portfolio table reflects what I have and what have left the portfolio. The returns are mainly computed using XIRR or situation where I could safely use formula of returns/invested ratio to give more absolute feeling on returns. Take note the yield and price is just an estimation and delayed.
Yes, it has been a good year for Income Investor even for Cory with Fixed holdings within the portfolio. This year XIRR 20% for a 47% Reit portfolio. Take note that Profits will be lower due to past year losses. And returns included Dividends/Rights. Moving forward my posts will be less revealing as wife wants more privacy. Happy Wife Happy Life. I fully agree ! 😃
Cory
2019-1224
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
