Skip to main content

Portfolio March 2018

According to my FUMS, 2018 is a critical year for me. I termed it "the Litmus Year".  In particular, 2018 may (or may not) be the year in which I finally breach the 7-digit mark net worth.  *Fingers crossed*

Since my RI days, I had always dreamed of making my first million bucks at age 35.  I am a bit behind schedule clearly. I have another 7 months before I say bye bye to my 35-year-old self.  And I certainly hope, whether by sheer hard work or insane luck, I am able to fulfill the promise I made to myself when I was still a naive secondary school kid.


PORTFOLIO


Mar 2018No. of sharesLast TradedValue




AIMSAMP Cap Reit810001.37$110,970.00
Ascendas-hTrust1700000.855$145,350.00
Cache Log Trust136000.845$11,492.00
Ezion195000.197$3,841.50
Frasers L&I Tr1700001.1$187,000.00
SingTel360003.49$125,640.00
StarhillGbl Reit200000.725$14,500.00
(Co whom shall not be named)146203.48$52,403.93
Warchest

$16,595.00
Visioncrest equity**

$260,000.00
Other instruments*

$30,222.00
TOTAL

$958,014.43
 *This is an investment-linked insurance policy which is "surrendable" this year.

**The reason for adding the equity in my property to this 2018 portfolio is because I expect to sell my apartment this year (Seller Stamp Duty period expired in Feb 2018).

Hopefully, I am able to sell the condo sooner rather than later so that I may reallocate the funds into dividend stocks for further growth in my passive income. The recent uptick in en bloc volume is actually somewhat encouraging. When the en bloc money finally hits the resale market, it should bring some relief to the long-suffering real estate investors (me being one of them).

Comments

Popular posts from this blog

As a Dividend Investor - I am having fun staying poor

Recently, there was a self-styled "master" who went around dissing dividend investing, saying things like REITS will chibaboom (his words not mine). Ironically, the master also invested into "growth stocks" like BABA and notably SE before its recent implosion.  Masterstrokes indeed. Dividend/income investors have borne the brunt of "have fun staying poor" taunts since the dawn of time.  Previously from the crypto bros and then from the growth investors. This is nothing new.  Every growth investor likes to talk about Tesla. But where are the ARK ETF investors? Where are the NIO bulls? Where are the BABA fanatics? Even a broken clock is right twice a day.   Good luck to those who retired on a portfolio of "growth stocks", hoping to spend 4% annually on an expected annualized portfolio growth rate of 10%.  Without dividends, one would have no choice but to liquidate part of the portfolio for meeting expenditures.  The damage done might never be reco...

FIRE by 2020 has officially failed

Back in 2015, I never thought I would have to work past 2020.   The idea was that I would have accumulated at least 1.7 M by Jan 2021 and would be comfortably returning 110k a year in passive income based on a 6.5% yield.  How laughably naive. The optimism is commendable but misguided.  Covid struck hard.   Several terrible decisions were made. EHT is bankrupt. A 50k write off.  Ouch is right. First REIT is trading around 20% of my cost price. Never again Riady. Never again. Yields have been severely compressed  with "quality" REITS, e.g., MINT, PLife, Ascendas REIT all returning paltry yields of 3-4% or, gasps, less.   With the view of improving portfolio resilience, I made a conscious decision to rebalance my portfolio to go REIT-lite (well, lighter) and increased my holdings in DBS, UOB, OCBC.  The MAS cap on banks' dividends does mean that these companies are returning 3% or less per annum.   Sigh.  All in all, pr...

Smoke, mirrors, bungalows and mistresses

People care way too much about a couple of colleagues fucking each other. The only people who should care this much are the aggrieved spouses and the family members who were hurt and embarrassed.  If you are not one of them, then shut the fuck up already. Who cares? The fact that they fucked or are still fucking doesn't affect you in the least bit. So quit the vomit-inducing moralizing.  But do you know what is detrimental to you, the hardworking taxpayer slogging 10-14 hours a day to make ends meet? 1)      That the Government apparently provides a special class of rental properties, one in which only a TINY TINY group of people may afford, in particular, those who can comfortably pay >20k a month in rent. Suffice to say, a real tiny and privileged bunch including people like, say, K Shanmugam and Vivian Balakrishnan. 2)      That the Government is happy to willy-nilly spend close to half a million tax dollars to make these properties "habitab...