Mar 2021 Updates

Mar 2021

Portfolio Value after market close

S$143,780.25

Purchase

Added 2,500 units of Ascendas Reit @ $2.93

Sold

None

Dividends

 

ESR Reit @ $84

MLT @ $144.20

Ascendas Reit @ $117.46

CICT @ $93.96

Total: $439.62

Short-Term Transactions

JFIN, OVID, TNXP, SOS, GME PUT

Summary

01 Mar 2021 STI Open: 2,973

31 Mar 2021 STI Close: 3,165.34

 

STI closed above its opening this month although we saw a broad market sell off today which is also the last trading day of this quarter. Personally I hope the market continues to soften in the coming weeks for accumulation opportunities.  

 

However as a testament to the buoyant market, my portfolio value increased by about $13K despite adding only $7,325 of capital in the form of 2,500 units of Ascendas Reit. 

I have been monitoring Ascendas Reit, Mapletree Industrial Trust and CapitaLand Integrated China Trust closely for the past month with only the first one hitting my TP to add for first batch. 

Prices of these counters have since ran up but it's ok. Opportunities always come back. 

I am looking to add another $15K - $18K to my income portfolio hopefully within the coming month. 

This month I have also started a Syfe Core Growth portfolio as part of my investment strategy and for market diversification. 

For my fun account / portfolio, I continue to do some intraday tradings and also sold a far OTM GME PUT as an experimental first try. 

It is currently slightly in the green and I can either do one of the following:

1) Wait until expiration. 

2) Exercise it earlier to unlock my funds. 

I am incline to close it out earlier especially if premiums continue to fall. 

Moving forward I would likely add options as part of my investment / trading tools to augment my investable income. 

Finally Opened an Account with Syfe - Core Growth Portfolio

As a continuation to my comparison across the various robo advisors and products specifically offered by Syfe, I have finally opened an account and invested in the Syfe Core Growth portfolio two days ago.

 

At this point of writing, I am having a 0.06% loss by the way.

 

Despite its lower historical returns compared to Equity100, what swayed me to choose it over the Equity100 portfolio are two reasons.

 

1) Its greater geographical allocation to China at 14.3% of the portfolio compared to the 1.82% in Equity100.

 

I had set out to look for a portfolio with exposure to the Chinese market as I feel it has one of the highest growth potential especially in its tech sector.

 

With Core Growth's greater allocation in the market, I believe I can reap the benefits more.

 

2) Its diversified assets which lead to lower returns but more peace of mind.

 

Compared to Equity100 which invests 100% into equities, the Core Growth portfolio includes 5.4% of gold and 25.8% of bonds.

 

Because of this allocation into the relatively safer instruments, the Core Growth portfolio returns 2 - 3% lower than the Equity100 portfolio, historically speaking.

 

However in exchange I think I can sleep better at night. Also I can switch portfolios in future if I wish to.

 

Now if you are like me who

 

- wants to maintain an income portfolio in the Singapore market (which possesses one of the better yields in the region by the way)

 

- yet diversify away for capital growth through the US and China markets

 

- but at the same time is lazy or too busy to do your due diligence in those markets,

 

a portfolio like the Core Growth is a good avenue to start with.

 

I can't guarantee the profitability but based on a long term horizon, it is relatively safe to say the returns should be positive.

 

If you find this post helpful and would like some savings as well, please feel free to use my referral code (SRPTZHC7V).

This way you get a 6 months fee waiver on your first $30,000 investment while I get a minimum of $10.

Thanks in advance.

This post is purely for sharing sake and is not a sponsored post by Syfe.

Comparing Syfe Core Growth and Equity100 Portfolios

Having identified robo advisors as a tool to invest in the US market which is one of the aims I've set for myself earlier this year, I recently looked through the various options available and eventually decided on Syfe due to its:

 

- No minimum investment sum requirement

 

- Portfolios offered

 

- Relatively low management fee

 

- Historical returns (back-tested)

 

Hence I began to delve deeper into Syfe's offerings and also corresponded with them couple of times for more information.

 

In terms of investment portfolio, I am looking for something which is predominantly in the US market yet with some exposure to the Chinese market as well.

Therefore the Core Growth and Equity100 portfolios from Syfe are a good fit for me I feel.

 

As the information found are bits and pieces around the Syfe's website, I decided to tabulate the findings side by side to make it easier for me to compare.

 

If you are deciding between these two portfolios as well, I believe the following sharing will be helpful to you too. 

Details are garnered from Syfe's website and from my email correspondences with Syfe customer support.

 

Key Comparisons between Syfe Core Growth & Syfe Equity100 Portfolios

 

 

 

Some additional notes for reference

 

1) Historical returns published by Syfe are based on back-tested data and are by no means an indication for future returns.

 

2) Monies invested and assets are held in a custodian account through Saxo Capital Markets. Syfe holds all securities in an omnibus manner in separate trust / custody accounts on behalf of clients and each client's positions are individually tagged to the amount they are holding for each counter.

In short, the investments in your Syfe account are not held under an individual account of your name but in a common account with other investors.

 

3) Apart from the 0.4% - 0.65% annual portfolio management fee charged by Syfe, there is the ETF management fees charged by the individual ETFs as well.

 

4) Difference in ETF management fees between the two portfolios are negligible so I didn't include it in the comparison.

 

This post is written purely based on my own views and is not in collaboration with Syfe or any robo advisors.

I Have Switched My Electricity Retailer. Have You?

Since my existing electricity contract would be expiring soon, I did some comparison recently to gauge what are the current best plans and promotions available that can give me the best savings.

 

As a consumer, we can't control the electrical tariff. But what we can do is to do some homework and find the best available plan out there to maximise the savings for ourselves. 

 

So one of the first things I did is to check out the promotions from my current electrical provider - Keppel Electric. 

 

Next I went to this website to compare across the different providers. 

Eventually I decided to switch to Senoko Energy with reasons as follows.

1) Senoko Energy's unit price for 24 month fixed rate contract is the 2nd most competitive among all the providers.

 

2) Promotion offered by Keppel Electric is not as enticing.

3) My brother has recently signed up with Senoko Energy and by using his referral link, he and I both get a $30 bill rebate.

4) On top of that I also get an additional $110 bill rebate by setting up a recurring payment with my POSB Everyday card and using the below promo code.

That's a total of $140 bill rebate just for switching! That's about $5.80 off my monthly electrical bill. 

 

I think it's a no brainer.

Furthermore the whole signing up process is pretty seamless and fast. Just need to get a softcopy of my latest electrical bill ready.

The whole process took me only about 5 min.

 

Do note that the promotion is until 11th March 2021.

 

Citibank and HSBC credit cards recurring payment will give you slightly more rebate at $115. If you have credit card from these banks you can benefit even more.

If this post helps you in any way and you would like to get a $30 rebate as well, please feel free to use my referral code (TU8E3H7T).

This way both of us will enjoy the $30 rebate to offset our electrical bill.

 

Alternatively you can drop an email to me and I will send you the sign up referral link for the $30 rebate.

Thanks in advance.

This post is purely for sharing sake and is not a sponsored post by any electrical providers.