$$$ KPO and CZM $$$

Thursday, September 17, 2020

Cheapest Electricity Plan - SP Group Wholesale Electricity Part 2

In my previous article, I shared my last 3 months of electricity bills then (Feb, Mar and Apr 2020) to show that the SP Group Wholesale Electricity plan is probably the cheapest electricity plan available. This is a continuation of that article by sharing the more recent statements too.

May 2020


298.45 kWh - $35.90 which translate to 12.02 cents/kWh

June 2020


274.86 kWh - $33.59 which translate to 12.22 cents/kWh

July 2020


253.32 kWh - $31.62 which translate to 12.48 cents/kWh

August 2020


307.68 kWh - $42.10 which translate to 13.68 cents/kWh

Again, the above are just rough estimates as I included other fees such as GST, meter reading, etc. The more accurate way is to remove them and compute but it is already lower even when I included those miscellaneous fees. You can decide for yourself :)

Do like any of the following for the latest update/post!
1. FB Page - KPO and CZM
2. Twitter - KPO and CZM
3. Click here to subscribe using email :)
4. Instagram - KPO_and_CZM (Did you see those delicious food photos to the right --> Unfortunately, you can't see it on mobile.)

Monday, September 14, 2020

Endowus - August 2020

Baby Ong is 28 weeks old and CZM is officially in her third trimester. We had an appointment with the gynae in the morning today and were told that she's ~1.2kg now (estimated to be ~3kg during birth)! We also went for Mount Alvernia maternity tour in the afternoon and were shocked to find out that we cannot take video in the delivery ward!


That's after I purchased a new GoPro 8 during 9.9 for this @_@" 


We have decided to opt for the Single bed room so that I will be able to accompany her throughout. Even if there's no one else sharing the 2-Bedded, the husband will not be able to stayover to accompany the wife. Given that this is our first baby, CZM needs/deserves all my attention and support. Shall blog more about this separately.

Risk Profile
Goal type: General wealth accumulation
Risk tolerance: Maximise returns (loss tolerance -60%)
Monthly investment using SRS: $740


I have modified my monthly investment in order to max out my SRS contribution for the year.

Account Summary


Capital: $8,190.00
Current: $8,588.83 (4.87%)

There are quite a few differences as compared to StashAway. Firstly, all the cash has been invested while StashAway keeps 1% of the portfolio in cash. Secondly, the fees are not deducted on a monthly basis. The Access Fee charged by Endowus will be deducted at the end of each quarter as stated in their FAQ.

As of 13 September 2020, the portfolio value is $8,377.07 (+2.28%).


Asset Allocation


This shows that the number of shares for each fund that I owned:
- Dimensional Global Core Equity Fund (134.4620)
- Infinity US 500 Stock Index Fund (1,508.6300)
- Dimensional Emerging Markets Large Cap Core Equity Fund (54.3380)
- Dimensional Pacific Basin Small Companies Fund (49.7380)

It will be great if they actually showed my average price vs the current market price.

Transactions


That's all! Overall, I think the statement is pretty straightforward and easy to read. On a side note, StocksCafe does not has the ability to track funds, hence unable to do any form of comparison/benchmark.

If you are interested in Endowus, do use our referral link for our readers! You will get S$10,000 managed free for 6 months ($20 equivalent) and we will get $20 too!

You might be interested in previous months update too:- Endowus CPF/SRS Review
Endowus - January 2020 - $3,692.02
Endowus - February 2020 - $3,704.57
Endowus - March 2020 - $4,153.50
Endowus - April 2020 - $4,849.67
Endowus - May 2020 - $5,797.36
Endowus - June 2020 - $6,471.66
Endowus - July 2020 - $7,455.96
- Endowus - August 2020 - $8,588.83

Do like any of the following for the latest update/post!
1. FB Page - KPO and CZM
2. Twitter - KPO and CZM
3. Click here to subscribe using email :)
4. Instagram - KPO_and_CZM (Did you see those delicious food photos to the right --> Unfortunately, you can't see it on mobile.)

Friday, September 11, 2020

Syfe - August 2020

We attended KKH Antenatal Programme (1 day intensive course) last weekend which cost $300 as a KK patient (for non-patient, it will cost $320). You can choose to do it over 4 weeks or a day which cost slightly different too.

Anyway, I found it informational while CZM was slightly disappointed because she already knew almost everything that was taught/shared except for the practical portion. In her free time, she will be reading/watching pregnancy/baby related articles/youtube while I continue to read/track financial stuff + gaming. Let's just say we have different roles and responsibilities. One interesting takeaway is we should not be feeding the baby any water until he/she is old enough for solid food. Try telling that to your parents and see the weird look on their face (totally not convinced) - "You grew up fine drinking water!". lol.

Our Syfe Portfolio
Composition: 100% REITs
Dividend: Reinvest
Monthly Investment: $1,000

Composition: 100% Equities
Dividend: Reinvest
Monthly Investment: $500

Account Statement (Lifetime)


Our current tier is Blue (<$20,000). This is determined by the size of the portfolio (currently $6,260.30) which in turn determines the fees to be charged. The statement lifetime return is $1060.30 which includes a $800 referral bonus. The actual lifetime return would be $260.30. Thanks to our readers for using our code!

Account Statement (August 2020)


The return for the month is $187.62 which includes a $110 referral bonus. This means our actual return for the month is $77.62.

As of 10 September 2020, this is our portfolio performance:


Capital: $4,000.00
Current: $5,036.83 (16.84% - return is skewed due to referrals)


New UI worth mentioning! Syfe has introduced a projection of the REIT+ portfolio based on different years and invested amount. Do click and play around with the forecast. This is not available on the Equity100 portfolio


Capital: $1,200.00
Current: $1,343.29 (14.47% - return is skewed due to referrals)

Transaction Breakdown


There are too many so I will just share a snippet. Anyway, if you want to extract the transaction information from Syfe, do take a look at this article - Syfe Transactions Parser. Anyway, the parser will not work for the Equity100 and Global ARI portfolio when there are small transactions (<0.01). You can refer to this for more information - Syfe - July 2020. The parser will work if Syfe is willing to change its UI and display more decimal places...

REIT+ Portfolio

After parsing them into a csv file, I pivoted the data to get the following view.

Management Fee


The management fee can be obtained by $5,125.71 x 0.65% / 366 * 31 ~ $2.78.

StocksCafe
In my opinion, the return captured by StocksCafe will be a more accurate representation of our portfolio return as the referral bonuses are treated as capital. Having said that, I can also understand why Syfe treats them as a return instead of a deposit too. Just a different perspective.


Anyway, looking at the time-weighted return (13.79%) for this year, we can see that Syfe REIT+ 100% is outperforming STI ETF (including fees). In addition, if we were to look at the projected dividends till the end of the year based on the existing investment, we can expect $103.82 of dividends or $8.65 per month. Since the dividends >> fees, this is a pretty sustainable portfolio assuming if there's no capital loss.

If you are interested in signing up, do use our referral code (KPOBONUS) for some cash incentive! Invests $500 and more and we will receive a $10 bonus each. Invests $10,000 and more and we will receive a $50 bonus each. Invests $20,000 and more, we will receive a $100 bonus each!

If you are interested in the smart portfolio tracker (StocksCafe) which I am using as shown above, sign up using my link for a longer trial period :) Refer to our Referrals page for more information.

You might be interested in previous months update too:
Syfe REIT+ (100%) Review
Syfe - May 2020 - $1,135.43
Syfe - June 2020 - $2,558.58
Syfe - July 2020 - $3,872.68
- Syfe - August 2020 - $6,260.30

Do like any of the following for the latest update/post!
1. FB Page - KPO and CZM
2. Twitter - KPO and CZM
3. Click here to subscribe using email :)
4. Instagram - KPO_and_CZM (Did you see those delicious food photos to the right --> Unfortunately, you can't see it on mobile.)