I felt it would be good to track the returns regularly since they fluctuate occasionally depending on the stock market.
Same graph as above but converted to column chart. |
Same graph as above but converted to column chart. |
I felt it would be good to track the returns regularly since they fluctuate occasionally depending on the stock market.
Same graph as above but converted to column chart. |
Same graph as above but converted to column chart. |
The dividends I collected for Aug 2024 were the biggest ever.
Here are my dividends for Aug 2024:
Additionally, I share the interest I received from the various banks for the deposits in this month:
Some restaurant in Malacca. |
Some restaurant in Malacca. |
Avocado, Egg with Pita Bread. |
Egg with Pita Bread. |
Avocado Egg with Pita Bread again! |
Egg Mayo with Pita Bread. |
Malacca river. |
Kuala Lumpur. |
Mid-autumn display at Gardens by the Bay. |
Gardens by the Bay. |
Went for a weekday jog at Gardens by the Bay one morning. |
Ten years ago (22-Sep-2014 to be exact), I started my One-Fourth fund.
The One-Fourth fund was started after the big hoo-ha about the 10 million population planning figure for Singapore by 2030. This was back in 2014.
After the news came out, a lot of people were upset by the number. However, some investment articles suggested stocks to buy given the supposed huge influx of people. Since there are more people, the investment article suggested stocks in the following industries:
After all, when people move into Singapore. They will need these essential services, right?
Based on the above, I selected the below 4 stocks based on Sharpe Ratio:
The 4 combinations above gave the highest Sharpe Ratio, which means the highest returns divided by volatility. The plan was that I will dollar-cost average into these stocks twice a year, and I will rebalance the stocks each time such that all 4 stocks hold equal value.
This fund took a lot of hits along the way, and it was negative for most of the time. For Starhub, it was in overall decline throughout the years. For ComfortDelGro, ride-hailing services like Grab came to prominence, which led to a gradual decline in ComefortDelGro stocks.
I dollar-cost averaged from 2014 till 2020. It is only recently I recouped my losses with the stellar run in STI.
I felt it would be good to track the returns regularly since they fluctuate occasionally depending on the stock market.
Examples include building Singapore as a leading real estate investment trusts (Reits) hub by identifying a market need and creating a supportive regulatory ecosystem for such growth. The Republic today holds the largest Reits market in Asia ex-Japan, Chee highlighted.
This is following a barrage of opinion pieces in the media suggesting the authorities to do something to revitalize the stock market, such as this one:
Onwards!
The dividends I collected for Aug 2024 were the biggest ever.
Here are my dividends for Aug 2024:
Additionally, I share the interest I received from the various banks for the deposits in this month:
Nasi Goreng. |
First time making quiche. Surprising simple. First, put egg. |
Next, add tomatoes and onion. |
Add spinach. |
Add mozzarella cheese and bake. |
Quiche with salad. |
Another quiche. |
Yumz. |
My usual home-cooked egg wrap. |
Onwards to the next month of FI!
I felt it would be good to track the returns regularly since they fluctuate occasionally depending on the stock market.
"Chair Powell's speech made it clear that there are likely a series of rate cuts on the way, and some could be of the 50-basis-point variety," wrote Omair Sharif, the president of Inflation Insights. "While some Fed officials may want to go in 25-basis-point increments, the Chair retained optionality ... i.e., 'we'll go 50 basis points if we feel like it is needed.'"
Markets are betting the Fed's policy rate will be in the 3.00 - 3.25 per cent range by the end of 2025, more than 2 percentage points below where it is now.
Here are my dividends for Jul 2024:
Additionally, I share the interest I received from the various banks for the deposits in this month:
Back in Dec 2023, I explained my strategy for 5 Pots of Gold for Perpetual Income:
https://financeopti.blogspot.com/2023/12/plotting-my-investment-strategy-for-2024.html
Now that the first half of the year is over, it is timely to provide my progress on this strategy.
I revised my strategy and decided having 8 pots of gold is best.
Here are my 8 pots of gold:
Here are my 5 pots of gold in Dec 2023:
As of Dec 2023. |
Here is how full each pot is now as of Aug 2024:
As of Aug 2024. |
I have made progress on the TLT, S-Reit ETF, ABF Singapore Bond, and SP500 ETF pots.
I wanted to start on the ACWI pot during the recent market downturn in Aug 2024. But it did not hit my target. I was planning to buy only when there is a correction, defined as a 10% drop from the previous high.
The QQQ did fall more than 10% from the previous high. Unfortunately, my soldiers from the SRS battalion are not ready. They are still trapped in a fixed deposit 😣.
The US ETFs pot is something I started in 2017 after reading the classic "A Random Walk down Wall Street". I followed the book's advice and invested in equal proportions of US stock, International stock, and emerging markets. I follow a DCA strategy for this one, but I purchase only once a year. Each year when I purchase, I re-balance the portfolio at the same time. These are the 3 ETFs that make up this fund: