Feb 2021 Dividend/Interest Update

As many know I've set a goal for interest/dividend gain for the year.. around SGD3.3k is my goal for 2021. My own accounting actually ends the financial year in April.. but this goal actually sits in my Milestone excel.. so a different system. I will use the blog as a tracker for myself. 

On another note, I only recognize the dividend once I'm paid so not following Ex Date. 

YTD Gain: SGD364.13

Month Gain: SGD359.3

Ascott Residence Trust (SGX:HMN) 

Ex Date: 3 Feb 2021

Record Date: 4 Feb 2021

Payment Date: 26 Feb 2021

Total Payout per Stock: SGD 0.01986 (1.891% yield, based on Ex Date closed SGD1.05) 

SPDR Straits Times Index ETF (SGX:SI)

Ex Date: 9 Feb 2021

Record Date: 10 Feb 2021

Payment Date: 24 Feb 2021

Total Payout per Stock: SGD 0.04 (1.36% yield, based on Ex Date closed SGD2.94)

Ascendas Real Estate Inv Trust (SGX:A17U)

Ex Date: 9 Feb 2021

Record Date: 10 Feb 2021

Payment Date 9 Mar 2021

Total Payout per Stock: SGD 0.01678 (1.891% yield, based on Ex Date closed SGD1.05)

Trading Book Performance - Feb 2021 - Chaotic Market

The market has been thrown into a big turbinal due to rates move (interest rate movement) on the back of reflation concern. In very layman's terms, the world's interest rate (America) is increasing on the back of the economy reopening and thus interest rate has been shooting up higher and higher every day over the past week. This raised concern that growth stocks or US equities might have overrun thus a bubble that caused the big retracement. 

Personally, I also got hit quite badly and if the equities market doesn't recover, it might just undo my Feb gains. You can look at the figures below where I am only sitting around 700USD gains. I've also taken a few fallen knives. 

However, I am still very bullish on the US equities market but I am not keen to add any more at discount due to my margin requirement. Honestly, I am very risk-averse as I've made quite a fair bit of money (more than what I expected).

I expect this hike in rates won't be sustainable and also money will flow back into equities eventually. The central banks across the globe are also putting in efforts to keep the rates low.. so this might help too. Generally, I feel that the economy is too bullish in its recovery. 

Let's see how next month will go. I'm currently heavy on options.. hopefully, the market will recover. 

How are all your portfolio doing?

Cheers to month-end. 

Singapore 2021 Budget & Equities Impact

While the pending 2021 Budget statement is upcoming at 3PM today. What's interesting about this is that I stumbled upon an article covered by Bloomberg titled; Banks, Property Stocks Could Be Losers in Singapore’s Budget

Summarizing the article in short will be - STI will unlikely benefit from the budget. 

While STI is heavily skewed in banks and real estate (REITs) names, these names are unlikely to benefit much from the 2021 Budget. One main reason will be how Singapore has already started to recover and function normally as an economy moving towards pre-Covid19. 

The focus for the budget will be likely revolving struggling sectors; aviation and tourism. On the other hand, sectors that might help Singapore grow in the future will also be in the focus; technologies and green companies. 

Some of such blue chips to focus on will be SATS, SIA, SIA Engineering, Genting Singapore, Jumbo Group, etc etc. 

I might be looking to divest my portfolio from Singapore market soon, and look into investing in HK market for long-term as how Singapore has been very lackluster in growth. While dividend gains might be great but flat growth is very turn-off especially that my trading portfolio is growing at a faster pace than my investment portfolio. Or another way might be just divesting from some of the weaker names I have in my portfolio to high and stable dividend generator such as AREIT. Personally I am also looking to invest in REIT with a main focus in foreign exposure.

What's your take on long-term investing? 

Disclosure; I am holding SATS and am looking to cut my position once it hits close to SGD5, bought it as a mid-term swing trade position knowing that airlines will eventually recover and SATS will be the first to benefit from it. 

First Post - Merry Christmas!

Merry Christmas everybody! What a weird day for me to start writing on my journey (guess it mainly because I’ve time now).

First thing I always do when I encounter a new blog is to head over to the “about me” section to learn more about the person before diving into their post, so check that out here.

Hopefully you’ve checked my profile out before continue reading, and I will eventually start to share my views/journey/portfolio etc going forward.

First thing first, I regard myself as Passive Investor/Swing Trader, and my proportion of money in these are probably 90:10, and I hope to eventually grow my trader portion more. I will be going through the description of these 2 in this post.

Passive Investor

Investopedia can be your best friend as a beginner, and is a very good place for basic information and definition. As much as there is passive, there is also active investing, read more about it here. Simply put, I invest over the longer horizon, targeting either a good bet for capital gain, or a consistent dividend counter. Once I decided on a counter, I’ll go through the fundamentals and then decide on an entry point (sorry Dollar Cost Averaging peeps, I don’t believe in that) and act on it. As a passive investor, I will be updated with important news of the company, but I also plan to sit on the investment for a longer horizon, thus ignoring minor price move. For short, I call this my investment book, and hopefully I can generate enough passive income that can match an usual employee.

Swing Trader

With my net worth growing after 2 years of working and also changed to a new workplace (with less trading restriction), I finally have the capability to set aside some money to capture some trading gains. To me, I plan to tap on a handful number of products to capture short-to-medium term profit gain and I favor fundamental analysis over technical (which I am not very verse in, but slowly learning technical analysis). Read up the definition on Investopedia here. I call my part of investment in this portion as the trading book, which I plan to lock in some easy capital gain. Every dollar earned, is another dollar that you can invest and compound upon.

That’s it for today, ciao guys and stay safe!