Syfe - November 2020

After investing for slightly more than 6 months in Syfe REIT+, I am pleased with the way they are handling the corporate actions. They are definitely more transparent as compared to a REIT ETF where you will be able to see all the corporate actions such as mergers, rights issues, etc. in your transactions. Let me show you some snippets:

Corporate actions for CMT and CCT merger/combination

Various Rights Issues

This is really a fuss free way to invest in REITs. Simply DCA on a monthly basis and you do not even have to trouble yourself with the corporate actions. The one and only thing about Syfe which really annoys me is the inaccuracy in the units being displayed both in the transactions and the portfolio composition (to 2 decimal places). Having said that, I am aware that behind the scene, they are actually tracking them to 6 decimal places. A simple UI change should fix the issue but I am not sure why is it not in their priority ¯\_(ツ)_/¯

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 $11,255.26) which in turn determines the fees to be charged. The statement lifetime return is $1,555.26 which includes a $1,220 referral bonus. The actual lifetime return would be $335.26. Thanks to our readers for using our code!

Account Statement (November 2020)

The return for the month is $725.97 which includes a $20 referral bonus. This means our actual return for the month is $705.97.

As of 19 December 2020, this is our portfolio performance:

Capital: $7,500.00
Current: $8,842.63 (21.09% - return is skewed due to referrals)

Capital: $2,700.00
Current: $3,259.07 (39.90% - 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+

Equity100

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 $9,971.44 x 0.65% / 366 * 30 ~ $5.28.

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. 

Transactions updated till 30 Oct 2020

Anyway, looking at the time-weighted return (17.53%) for this year, we can see that Syfe REIT+ 100% is outperforming STI ETF (including fees) but underperforming when compared against SPY or IWDA. 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 $141.01 of dividends or $11.75 per month. Since the dividends >> fees, this is a pretty sustainable portfolio assuming if there's no capital loss.

New Syfe customers will have their first $30,000 managed free for 6 months when they use our new referral code (KPOCZM). We will be receiving a $10 cash incentive for our portfolio if you invest $500 or more.

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
- Syfe - September 2020 - $8,019.86

- Syfe - October 2020 - $9,029.29

- Syfe - November 2020 - $11,255.26

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.)

StashAway - November 2020

As we approach the last few days of the year, you might want to consider optimizing/reducing your taxes through the following methods which I have blogged about previously:
- SRS (Invest through Endowus and StashAway)
- CPF RSTU (CPF SA)
- Voluntary Contribution (VC) to CPF MA

StashAway did a withholding tax reimbursement for dividends withheld last year. Based on what I have compiled, StashAway's portfolio is pretty sustainable (dividends > fees). You can read more about it here - StashAway Withholding Tax Reimbursement FY 2019. 

 1. PORTFOLIO SUMMARY (as of the last day of the month)

KPO

CZM

Based on the statement (30 November 2020), our total investment is ‭$53,451.62! KPO gains $1,533.56 and CZM gains/lost $35.66 for the month.

As of 18 December 2020, these are our portfolio performance:

KPO and CZM Cash - StashAway Risk Index 22%: $‭36,971.00 (36.33% - Capital: $30,000)

KPO SRS - StashAway Risk Index 36%: $12,392.68 (38.44% - Capital: $10,410)

CZM SRS - StashAway Risk Index 14%: $5,793.13 (25.64% - Capital: $5,250)

2. PORTFOLIO DETAILS 
Note that these are reported in USD.

KPO and CZM Cash - StashAway Risk Index 22%

KPO SRS - StashAway Risk Index 36%

CZM SRS - StashAway Risk Index 14%

3. FEE CALCULATIONS

The fee stated is based on the monthly-average assets SGD ($25,000.00 x 0.8% + $21,343.51 x 0.7%) / 366 days * 30 days = $28.64.

The fee stated is based on the monthly-average assets SGD $5,521.32 x 0.8% / 366 days * 30 days = $3.62. 

StocksCafe

Evan (founder of StocksCafe) made an improvement where one can now benchmark their portfolio against multiple indexes/ETFs. Looking at the time-weighted return (12.88%) for this year, we can see that StashAway Risk Index 22% is outperforming the STI ETF (including fees). 

If we compare across the years, StashAway's portfolio is winning by a huge margin (36.98%) except losing to SPY (49.09%) and IWDA (40.73%). In addition, it has the lowest volatility and max drawdown. This is what StashAway meant by reducing risk and maximizing the return. 

The annualized return/XIRR of the portfolio is very impressive too at 12.67%. Using the Rule of 72, it means that the StashAway portfolio will double our money in 72 / 12.67 ~ 5.7 years. In comparison, the same money if left in the bank account at 2% interest rate will take 72 / 2 ~ 36 years to double.

Which is the best? Only time will tell :)

Anyway, if you are interested in signing up for StashAway, do use our referral link - KPO and CZM Referral Link. You will get $10,000 free management fees for 6 months and we will get $16!

If you want to extract those transactions information from StashAway, do take a look at this article - StashAway Transactions Parser.

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:
- StashAway - January 2020 - $31,742.42
- StashAway - February 2020 - $31,499.69‬
- StashAway - March 2020 - $30,934.95‬
- StashAway - April 2020 - ‭$34,830.73‬
- StashAway - May 2020 - $37,298.09‬
- StashAway - June 2020 - $39,931.79
- StashAway - July 2020 - $44,125.18
- StashAway - August 2020 - $46,900.18
- StashAway - September 2020 - $47,850.22

- StashAway - October 2020 - $49,892.40

- StashAway - November 2020 - $53,451.62

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.)

Endowus - November 2020

As we approach the last few days of the year, you might want to consider optimizing/reducing your taxes through the following methods which I have blogged about previously:

- SRS (Invest through Endowus and StashAway)

- CPF RSTU (CPF SA)

- Voluntary Contribution (VC) to CPF MA

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: $10,410.00
Current: $11,324.92 (8.81%)

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 17 Decemeber 2020, the portfolio value is $11,618.91 (+11.64%).

Asset Allocation

This shows that the number of shares for each fund that I owned:
- Dimensional Global Core Equity Fund (167.3100)
- Infinity US 500 Stock Index Fund (1,946.3800)
- Dimensional Emerging Markets Large Cap Core Equity Fund (66.7160)
- Dimensional Pacific Basin Small Companies Fund (60.8090)

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.

Speaking of which, Endowus has finally launched a mobile app:

Apple: https://apps.apple.com/us/app/endowus-invest-cpf-srs-cash/id1531067679

Android: https://play.google.com/store/apps/details?id=com.endowus.mobileapp

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

- Endowus - September 2020 - $9,124.13

- Endowus - October 2020 - $9,665.59

- Endowus - November 2020 - $11,324.92

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.)

Cosmo Prime Air Purifier 3-in-1 HEPA Filter

This is a collaboration/sponsored article with Best in Singapore, a newly established internet media company that publishes well-researched, tested, and informative articles! 

Since Donald and Piglet cannot travel anymore, their new role shall be to review and unbox products. lol. The product we will be sharing is Cosmo Prime Air Purifier 3-in-1 HEPA Filter which costs SG$399!

Before turning on the filter, one will have to first unwrap/remove the plastic cover for the 3-in-1 HEPA filter. Once that is done, simply reinsert the filter and connect the purifier to a power socket.

Why choose Cosmo over other air purifiers?

They did their own comparison with other air purifiers and you can take a look here. The following few points are why I recommend Cosmo over others:

1. 3-in-1 HEPA Filter

HEPA stands for "High-Efficiency Particulate Air". According to Wikipedia, filters meeting the HEPA standard must satisfy certain levels of efficiency and Cosmo's HEPA filters are able to filter 99.97% of air pollutants in the air through its 3 layers of filters which are medical grade level. This is great for families with children/babies so that they can have cleaner air or pet owners so that fur, dander, and microbes can be filtered. In addition, Cosmo has one of the better specs when you compare it against the other air purifiers. It is capable of purifying up to 80sqm of an area with the lowest noise volume at 20dB.

2. Smart Life App

This is an app with its own home automation ecosystem which I would say is very similar to the Xiaomi Mi Home app. If you are already using Xiaomi products/ecosystem then it is slightly annoying to download this additional app to control the purifier but if you have yet to set up/decide on your smart home setup, the Smart Life/Tuya devices are worth considering given that most of the Xiaomi products required you to set up as though you are in China. This is obviously not the case for the Smart Life app.

Anyway, once you set it up through the app, you will be able to access it remotely through Wifi or even schedule it to turn on/off at a certain period of the day (e.g. turn off from 8am when no one is at home and turn on at 6pm when everyone is back).

3. 20 Day Trial & 5-Year Warranty

This is not a dropshipping site where you will be getting a cheap china product sold at a high margin without any warranty. Cosmo has a physical showroom/store at Mactech Building where one can actually head down in the event of any issue/defect. 

Cosmo offers 20 days trial. If one were to suffer from buyer's remorse, simply return the product to their showroom for a full refund. More information can be found here - https://airpurifiers.sg/returns/.

In fact, Cosmo has so much confidence in their product that they are offering a 5-year warranty. So if we were to depreciate the cost ($399) over 5 years, it is just $79.80 per year. Compare that to one of the cheaper air purifiers (Xiaomi 3H) ~$160 with 1-year warranty. I think one will get more value from the Cosmo purifier. Not forgetting the specs (CADR, area, etc.) are better for the Cosmo purifier too. Anyway, more information on the warranty can be found here - https://airpurifiers.sg/warranty/.

Unfortunately, we do not have any promo code to share. Head over and check it out if it interests you - Cosmo Prime Air Purifier 3-in-1 HEPA Filter :)

You can also refer to the following website/social media for more information:
Best in Singapore
Website | Facebook | Instagram

Air Purifier
Website | Facebook | Instagram

Payment is brought to you by Liquid Gateway and if you are interested to find out more, you can read this article on Best 10 Online Payment Getways in Singapore for more information.

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.)

Baby Ong is Out!

Baby Ong was delivered on the 8th December 2020! Isn't she so cute?! She has inherited her mother's double eyelid eyes <3 Baby Ong EDD was supposed to be on the 4th December 2020 and we were past due. Our gynae (Dr Goh SL) said there's no need to induce immediately and we were told to monitor her for another 6 days before inducing her on the 10th. However, during our appointment on the 7th, Dr Goh said that CZM's placenta is getting old (one of the overdue pregnancy risk) and recommended the induction of labour on the 8th (midnight). Although it was just a few days difference, we were still pretty surprised!

At midnight, we cabbed down to Mount Alvernia and headed to the delivery suite. The nurse was helping CZM to set up and I had to head down to the reception to do the admission. 

During the admission, I paid a deposit $3,812.41 for their single room (NORMAL DELIVERY WITH EPIDURAL (2 DAYS)) and asked for one that is further away from the construction site (Our Lady Ward). I also opt for express checkout so that we do not have to wait/queue again on the day of discharge. Hence, I am still not sure how much is the total damage as of now. Shall blog about it separately.

Given that we are still in Phase 2 of the Circuit Breaker, there can only be 5 visitors per day (including the husband, technically just 4 visitors) which is very unfortunate since our siblings, relatives, and friends all can't visit.

CZM in the delivery suite in pain :(  Yes, she had to wear her mask. There's a reclining sofa/armchair at the corner of the room for the hubby and it's not very comfortable. Do bring a jacket and wear long pants as it gets pretty cold in the middle of the night. CZM could only administer epidural around 7am+ after she was 3 cm dilated. Not sure if it was due to the effects of induction, CZM was already screaming away right before the epidural was administered and her eyes were bloodshot. Once the epidural was administered, she could finally rest as there was zero contraction pain. 

Heart rate (above) and rate of contraction (below)

Around 8am+, there was a huge scare! One of the nurses entered the delivery suite because the baby's heart rate had dropped and asked me to wait outside the room. While I was waiting, another 3 nurses rushed in! Imagine my horror! I felt so helpless and could only google about what's happening.

Anyway, a baby’s heart rate during labour should be between 110 and 160 beats per minute. As you can see from the photo above, her heart rate went as low as 50/60+. Not sure what the nurses did but they probably gave CZM some drug to stop her contraction totally (for a period of time ~30min to an hour) and the baby heart rate returned to normal. We asked both the gynae and PD about what happened and they said it is normal for heart rate to drop. Oh well, all that matters is both CZM and the baby are safe and healthy now.

At 2pm+, Baby Ong came out! It was such a touching moment and I am not shy to admit that I actually cried. To all the father-to-be, if your wife is asking for whatever "push" present, just get it for them. It is actually the least we can do. We can never imagine the pain they have to go through during labour. 

The "staycation" in the single room was over before we know it. The real challenge begins at home. lol. We could always send the baby back to the nursery whenever we could not coax her to stop crying. The nurses would always tell us that the baby is crying because she wants more milk. Unfortunately, CZM did not have sufficient milk supply then and we got the nurses to feed her formula milk instead. Anyway, the nurses in Mount Alvernia were all very approachable and encouraging. We did not encounter anyone that was fierce/impatient unlike what our mothers went through.

Before we left/discharged, we went to the chapel to bless the baby although we are not Catholic. It is free and no harm trying :) We have been pretty sleep deprived since then but every time we look at Baby Ong and her little movement, it is all worthwhile. I can stare at her all day! No wonder there is this Chinese saying about the daughter being the father's lover in his previous life (前世情人). lol.

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.)

Portfolio - November 2020

We have achieved another of our goal last month - 1 Million Combined Net Worth By Age 30 when the market recovered/shot up once news of the vaccine came out. Another thing to look forward to this month - Baby Ong will be coming out anytime soon!

Our portfolio has reached another new high! It increased by 12.73% to $639,606 - $3,915.78 of capital injection and $68,315.98 of capital gain. This includes $52,574 of leverage/debt (gearing ~8.96%).

If you prefer to look at numbers, this is the raw data used to generate the above bar graph. These numbers are as of the last day of the month.

"Cash Flow" is the amount of money being injected/withdrawn from the portfolio (buying stocks = +ve cash flow while selling stocks and collecting dividends = -ve cash flow)

SOLD
- None

BOUGHT
- iShares Hang Seng Tech ETF (300 units) @ HK$16.78

We did not buy anything for a couple of reasons. The main one is we need to save up for CZM and Baby Ong hospitalization/delivery fees this month. The stocks didn't look as attractive after the market went up so much. We did not buy IWDA because it is at an all-time high. Yes, I am timing the market but I just couldn't help it. Maybe buy $2,000 worth this month?

Another interesting new addition to our portfolio is the iShares Hang Seng Tech ETF (3067). There are a couple of ETFs that is tracking the Hang Seng Tech Index and we chose iShares simply because it has the lowest fee/expense ratio. You can take a look at this article for more information - Hang Seng Tech Index ETF - Which one to buy?

I have also decided to increase my SRS contribution to $1,480 per month with the intention of maxing it by year-end.

Our Monthly DCA for October - $4,230
$1,000 Cash - StashAway Risk Index 22%

$740  KPO's SRS - StashAway Risk Index 36%

$250 CZM's SRS - StashAway Risk Index 14%

$740 KPO's SRS - Endowus Loss Tolerance -60%
$1,000 Cash - Syfe REIT+ (100% REIT)
$500 Cash - Syfe Equity100 (100% Equities)

Dividends
The total dividends collected this month is $1,996.30. The breakdown is as follows:

Company                                                     PayDate          Shares         Total

ARA LOGOS Logistics Trust              27-Nov-20     101.677 $2.14

Mapletree Commercial Trust                      27-Nov-20     2836.997 $118.30

Suntec Real Estate Investment Trust           25-Nov-20     11237.969 $207.67

Soilbuild Business Space REIT              20-Nov-20     30000         $330.00

SPH REIT                                              20-Nov-20     73.37         $0.39

GuocoLand Ltd.                                      19-Nov-20     9000         $540.00

CapitaLand Commercial Trust              19-Nov-20     2911.87 $74.54

CapitaLand Integrated Commercial Trust   19-Nov-20     18126.851 $723.26

Total dividends collected for 2020: $19,322.53
Average dividends per month for 2020: $1,756.59

StashAway

KPO

CZM

Capital: $45,160‬.00
Current: $‭‭‭‭53,451.58

If you are interested in StashAway, do use our referral link. You get $10,000 free management fees for 6 months and we will get $16!

If you want to extract those transactions information from StashAway, do take a look at this article - StashAway Transactions Parser.

Endowus

Capital: $10,410.00
Current: $11,324.92

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!

Syfe

Capital: $9,700.00
Current: $‭‭‭11,227.63

New Syfe customers will have their first $30,000 managed free for 6 months when they use our new referral code (KPOCZM). We will be receiving a $10 cash incentive for our portfolio if you invest $500 or more.

If you want to extract those transactions information from Syfe, do take a look at this article - Syfe Transactions Parser.

You might be interested in these blog posts too:
- Portfolio Performance in 2019
- 2019 Net Worth
- Portfolio - December 2019 - $463,297
- Portfolio - January 2020 - $455,071
- Portfolio - February 2020 - $442,216
- Portfolio - March 2020 - $415,071
- Portfolio - April 2020 - $459,037
- Portfolio - May 2020 - $470,665
- Portfolio - June 2020 - $502,313

- Portfolio - July 2020 - $487,135
- Portfolio - August 2020 - $525,857
- Portfolio - September 2020 - $566,705

- Portfolio - October 2020 - $567,374 
- Portfolio - November 2020 - $639,606

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.)