Friday, July 29, 2016

Blogroll Update

There are a number of personal finance and investment blogs resources that I like, so I'm adding them into my blogroll

1. The Fifth Person
2. BigFatPurse
3. The Motley Fool Singapore
4. Dividend Diplomats
5. Jason Fieber's "Freedom Fund".

The original Dividend Mantra site was sold and the articles from Jason Fieber are no longer published there, so I'll be removing it from my blog roll.

Wednesday, July 27, 2016

Recent Buy - Low Cost Portfolio

Bought CSOP China Ultra Short Term Bond ETF (3122.HK) 200 units @ HKD 176.3625
Bought Deutsche Bank (DBK.GR) 160 shares @ EUR 12.30

Sunday, July 17, 2016

How Was Yaruzi Doing In The First Half Of 2016?

1. Reading Bible - I finally finished reading my bible on 2nd May of this year and I started all over again on 3rd May. I felt super excited as I had not completed reading my bible for a while. The last time I did was probably in my secondary. Reading bible is not like reading ordinary books, where I gain knowledge only. In bible, I learnt about the importance of relationship, with God and also men. Invaluable wisdom equipped me to live this life to the fullest.

2. Exercise - I wasn't tracking as regularly as before, but suffice to say that I wasn't exercising enough. I need discipline and determination to exercise regularly, and I hope both of them in 2nd half.

3. Weight Loss - Aargh ... let's not talk about this. I didn't loss any weight! But on a positive note, my weight has been pretty stable from the point when I started this blog. That ripped abs just getting farther and farther.

4. Financial - My unit trust and low cost portfolio combined, reached $400,000 in April. I think it's a decent achievement, considering I only started building the portfolio in June 2012. Next milestone will be to reach $500,000 by Dec 2016. Average dividend has also grown from $5.22 per month in 2012 to $633.44 per month in 2016.

Only because of God's grace, I can be where I am today. Praise the Lord for He is good and His mercy endureth forever.

Friday, July 8, 2016

June 2016 - Unit Trust Portfolio Update

Despite the volatility seen in June due to BREXIT, my unit trust portfolio seemed to ride the market without much drama. Headline news speculated that the smart money moved to gold and gold miners to hedge and protect their portfolio from the uncertainties.

In my opinion, gold and gold miners had been sold aggressively in the past few years. Many gold miners were trading at all time low until the earlier part of 2016. With the speculative excess removed, eventually price will move according to the long term balance of demand and supply. My United Gold and General Fund was up 41.41% by end June. I have no intention to take immediate profit, as I believe it will be a while before excess bubble starts to build up in gold again.

Allocation ratio as of end June was 40% equity, 10% high yield, 50% bonds. I received cash dividend of $190.31 in June. Since April, I had stopped re-investing dividend from unit trust back into this portfolio. Instead I accumulated the dividend to be re-invested into my low cost portfolio. For the 1st half of 2016, my unit trust portfolio was up 2.65%. XIRR since inception stood at 1.75%.

Link to Yaruzi's unit trust portfolio allocation as of June 2016

Wednesday, July 6, 2016

Recent Buy - Low Cost Portfolio

Bought British Land Co PLC (BLND.L) 320 shares @ GBP 5.41

British Land Co is second largest publicly traded UK REITS after Land Securities Group PLC.
At current price, the dividend yield (TTM) is 5.14% and PBV 0.61. With GBP at all time low against SGD, I just can't resist myself to buy some.

Saturday, July 2, 2016

June 2016 - Low Cost Portfolio Update

I was waiting for buying opportunity in June. So when BREXIT presented such opportunity, I jumped with excitement. I bought China Mobile and Indocement Tunggal Prakarsa, which I had observed for some time. I also bought Prada in late May.

I contributed $23,000 fresh fund into the low cost portfolio in June. I also received dividends from DBS. I opted for scrip dividends and I received 7 DBS shares. Return YTD was 2.13% as of end June. XIRR since inception turned positive for the first time. Equity allocation was 51%, with bond and cash at 49%. The allocation would give me ample room to purchase more equities should there be significant correction in the near future. Overall, I'm rather happy with the performance of the low cost portfolio so far this year.

I'll stick with the strategy of acquiring good reputable companies that pay dividends regularly and increase them over time, aside of low cost ETF. At the same time, I'll pace my equity purchase to maintain a pre-defined allocation of equities and bonds, depending on market level.

Link to Yaruzi's low cost portfolio as of June 2016