Anyway, our portfolio reaches another new high! It increased by 3.98% to $1,510,704 - $6,276.00 of capital injection and $51,480.84 of capital gain. This includes $202,875 of leverage/debt (gearing/debt ~15.51%).
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"Cash Flow" is the amount of money being injected/withdrawn from the portfolio (buying stocks = +ve cash flow while selling stocks and collecting dividends = -ve cash flow)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
- None
BOUGHT
- NoneDid not buy stocks or deploy any leverage but bought more LUNA... I am guessing our crypto portfolio will be bigger than our stocks portfolio very soon despite allocating a much smaller capital.
Anyway, the idea of using leverage is simple, borrow the money, buy a good/excellent REIT/stock, use the dividends to pay the interests, and keep the difference while ensuring that we will never get a margin call/trigger. Once again, leverage has its risk and is definitely not for everyone. We see it as our way of buying a second property without incurring any of those taxes (ABSD, rental income tax, etc.). You can take a look at this - Leverage Performance 2020.
Given that it is a brand new year, I have adjusted my SRS contribution to $1,276 per month with the intention of maxing it by year-end. We have also decided to open another StashAway portfolio for Baby Ong. You can read about Our Insurance and Investment Plan for Baby Ong.
Our Monthly DCA for November - $1,376
Our Monthly DCA for November - $1,376
$100 Cash for Baby Ong - StashAway Risk Index 36%
$638 KPO's SRS - StashAway Risk Index 36%
$638 KPO's SRS - Endowus Loss Tolerance -60%Dividends
The total dividends collected this month is $3,433.59. The breakdown is as follows:
Company PayDate Shares Total
Mapletree Commercial Trust 30-Nov-21 22,000 $965.80
Suntec Real Estate Investment Trust 29-Nov-21 26,000 $580.32
DBS Group Holdings Ltd 26-Nov-21 1,200 $396.00
GuocoLand Ltd 25-Nov-21 9,000 $540.00
Ascott Residence Trust 9-Nov-21 30,913 $168.47
CapitaLand China Trust 8-Nov-21 29,000 $783.00
Total dividends collected for 2021: $28,237.30
Average dividends per month for 2021: $2,567.02
StashAway
Average dividends per month for 2021: $2,567.02
StashAway
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| KPO |
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| CZM |
Capital: $25,172.39
Current: $26,957.22
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.
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: $28,166.00
Current: $33,563.93
Current: $33,563.93
I decided to invest my CPF OA a few months back and blog about it here - Investing CPF OA Through Endowus.
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! This access fee has no expiry date.
Crypto
Tracking crypto investment becomes very painful when the number of coins increases or when I move across to different networks. Hence, to simplify the tracking, I will just be tracking the capital I put in vs the current value at the end of the month.
Capital: SG$186,619.00 + US$3,132.08 (leverage) ~ SG$190,902.62
Current: SG$579,553.82 + US$3,132.08 (leverage) ~ SG$583,837.44
Current: SG$579,553.82 + US$3,132.08 (leverage) ~ SG$583,837.44
Crypto - FTX
I am holding some RUNE on FTX. Initially wanted to try out providing liquidity on Thorchain because of the unique ILP (Impermanent Loss Protection) but got lazy to deep dive further because the set-up was troublesome (new wallet, upgrade BEP2 RUNE to native RUNE, etc.).
FTX: We will receive 25.00% of your trading fees and you will receive a 5.00% fee discount on all of your trades.
Crypto - CakeDeFi
CakeDeFi - Deposits US$50 or more into your CakeDeFi account, you will earn US$30 in DFI and we will earn US$10 in DFI too.
Crypto - Kucoin
Similar to Kadena, I bought some QRDO due to Twitter Terra influencers. QRDO is supposedly the new tech/infra that will be onboarding institutional clients to crypto. Both allocations are kept small because of the lack of conviction.
Kucoin: New referral system is under development! So there is no benefit. lol.
Crypto - Celsius Network
I still have a bit of BTC and Celsius token which I accumulated previously while earning high interest using GUSD. No plans on moving them at the moment.
Celsius Network: Earn US$50 in BTC with your first transfer of US$400 or more and we will earn US$50 in BTC too.
Crypto DeFi - Harmony ONE & Avalanche
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| Wonderland (TIME) on Avalanche |
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| Euphoria (WAGMI) on Harmony ONE |
When LUNA was at ATH around US$50+ last month, I started looking at other alternatives and decided to try out these OHM forked which I blogged about here - DeFi 2.0 - Protocol Owned Liquidity (OlympusDAO, Wonderland and Euphoria). Similarly, small allocation due to its risks.
Crypto DeFi - Terra
I blogged about it previously - DeFi - Terra (LUNA & UST) & Anchor Protocol (20% Interest), DeFi - Terra Mirror Protocol Delta-Neutral Strategies and DeFi - Terra Pylon Protocol Lossless Investments. I have moved most of my crypto money into Terra including CZM's initial investment because this is my high conviction crypto pick. lol. In my opinion, LUNA can easily go to 3 digits because it is based on the demand for UST which will only increase as time goes by where more projects are being launched (it is happening right now!), UST going cross chains, and getting listed on more exchanges. We have about 5.6k LUNA now with 65% of them staked, 35% as bLUNA and the remaining in the wallet/exchange. We will become a crypto millionaire once LUNA reaches ~$178 :)
On a side note, Ape Board is not capturing the Psi tokens I got from Pylon Swap which is worth around US$15k. The actual total portfolio in Terra is ~US$404k.
Regardless, you can refer to our Terra portfolio on Ape Board below for a more detailed breakdown:
Our Terra Address: terra19erxpg9zvsmptqalsmvwrsmuquk55luzynsl7r
Some of you might see/observe the Crypto "Business" disappearing in the breakdown. This business started a few months back and I blogged about it here. Long story short, we had a breakthrough last month where we had decent profits and the best part is everything has been fully automated. My 2 friends are like god-like teammates (神一般的队友) and did everything I never thought was possible (I am the 猪一样的队友). lol. Given the decent profits last month, we have decided to go "private" and stop sharing about this. Anyway, in all my 8 years of investing, I got to say this is my best investment despite taking just a smaller % of the profits and considering our initial capital was just US$3k (US$1k each). Not sure how long we can sustain this kind of profit but we do foresee more competition in the future and it is all about making hay while the sun shines. Huat ah!
Anyway, I have blogged about different ways to leverage crypto to build wealth for people with different risk appetites:
The safer approach using stablecoins
Risky approach but more hassle-free
Highest risk and you are on your own
- DeFi apps on Binance Smart Chain (BSC) such as PancakeSwap and PancakeBunny
If you are interested in the platform I am using, do sign up using our referral links for some bonus :)
BlockFi: Deposits US$100 or more into your BlockFi Interest Account (BIA), you will earn US$10 in BTC and we will earn US$10 in BTC too.
BlockFi: Deposits US$100 or more into your BlockFi Interest Account (BIA), you will earn US$10 in BTC and we will earn US$10 in BTC too.
Celsius Network: Earn US$50 in BTC with your first transfer of US$400 or more and we will earn US$50 in BTC too.
CakeDeFi - Deposits US$50 or more into your CakeDeFi account, you will earn US$30 in DFI and we will earn US$10 in DFI too.
Gemini: We will both receive US$10 of bitcoin after you buy or sell US$100.
Crypto.com: Sign up using our link, stake SG$500 worth of CRO and we both get US$25 in CRO
FTX: We will receive 25.00% of your trading fees and you will receive a 5.00% fee discount on all of your trades.
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.
On a side note, Futu's moomoo app sign-up promotion is slightly different for this month (from SGD 200 stock cash bundle to iPhone and AAPL shares. Do read the T&C here for more information). If you have yet to open an account, you can do so using our referral link :)
- 2020 Net Worth
- 1% Net Worth to Crypto (I went down the rabbit hole and it is ~20% now. lol)
- Portfolio - December 2020 - $669,630
- Portfolio - January 2021 - $712,898
- Portfolio - February 2021 - $742,364
- Portfolio - March 2021 - $866,309
- Portfolio - May 2021 - $952,839
- Portfolio - June 2021 - $988,215
- Portfolio - July 2021 ($1 Million Achieved!) - $1,030,905
- Portfolio - August 2021 - $1,179,579
- Portfolio - September 2021 - $1,250,214
- Portfolio - October 2021 - $1,452,947
- Portfolio - November 2021 - $1,510,704
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.)
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.)
Hi KPO, thanks a lot for your sharing. I always enjoy reading your monthly portfolio updates and I was also inspired by you to start putting some of my cryptos onto Celsius and Hodlnaut to earn some interests. I’ve been doing some research and watched many YouTube videos about various DeFi projects such as Anchor Protocol, VVS, Wonderland Money etc but I’m still pretty confused and not sure how to start. I decided to start with Anchor Protocol and staking some Luna.
ReplyDeleteI have some questions here and hope to get your feedback -
1. First of all a noob question, is it too late to enter Luna now?
2. Do you use any cold wallet to connect with Terra Station and your MetaMask wallet?
3. Do you plan to concentrate your crypto portfolio on Luna/ Terra, or do you plan to decertify into other DeFi or coins?
Many thanks!
Hi SL,
DeleteGlad that you enjoy them :) I think the fastest/easiest way to learn is to actually hands on and try to figure things out instead of watching endless videos. lol.
1. Similar to all investment, it is never too late. My first purchase was around $6/7 which was significantly higher than those that got it for less than a dollar and I continued to accumulate. My last purchase last month was around $42+. After doing your own research, do you think the price of luna will continue to go up?
2. Yes, I am using ledger.
3. Haha. I started out by diversifying across different chains and farms until I discovered luna/terra and decided to concentrate there because luna has huge potential for price appreciation and the app/farm there will almost not rugged (much safer). In my opinion, that is because everything has to be built from scratch and can't be forked/cloned like on other EVM chains. The ruggers are unlikely to put in effort to build something in Terra and rugged. In addition, there is almost no exploit because there is no flash loan. Generally, it is much safer in Terra. However, now that it has gotten quite big, I have started to explore other alternatives. The thing is I have yet to find one that is better or even as good as luna so I just ended up buying more luna. lol.
Hi first time on your blog - thanks for the really informative posts! I'm fairly new to crypto so apologies if my questions sound amateur or if you have already addressed them in other posts.
ReplyDelete1) You mentioned you have 65% of your LUNA staked now - is this with the various validators and does this include Anchor protocol?
2) Why do you not allocate more of your LUNA holdings to Mirror and Pylon protocols where it seems like you can earn "riskless" returns which are also higher?
3) When you say the remaining is in wallet/exchange - do you mean you are not generating any yield from them? What is the rationale for keeping them "un-deployed" so to speak?
Thanks!
Hi,
DeleteGlad that you found them informative. No worries at all.
1) Staked = staked directly with validators + Stader. Whatever that is in anchor (bLUNA), I am treating them as collateral.
2) Hmm. You might be confused over here. Mirror and Pylon uses UST/aUST which has no capital growth. LUNA has yield + capital growth and that is why I went with LUNA.
3) You are right but I can't remember what's the exact reason already. So is either I just bought LUNA and it is still on exchange (no yield) or when LUNA price increases and I withdraw the bLUNA collateral on Anchor instead of borrowing more (has yield). If you check my wallet/address now, you will see very little LUNA in it because they are deployed somewhere generating yield. lol.
Thanks! How do you decide which validators to stake with though? Just wanted to understand the thought process there.
DeleteTo side track - what do you think of the upcoming Shadow Protocol IDO on 3 Jan? Do you think it's worth investing in? I'm reading through some materials on it and it seems like it's a storage utility token
I staked with validators that provides more airdrops and I am fine with commission up to 5%.
DeleteNo comment on the IDO as that is outside Terra and I am not familiar with it.
Hi, KPO, Thanks you for sharing your investment journey, especially your blogs on crypto investment! I was amazed in less than 1 y, your portfolio has grown from $669K to $1,510K, +125% ! I noticed your portfolio did not much on US high tech stocks such as QQQ, Apple, etc. Looks your portfolio growth is mainly due to your Crypto investment, now about 40% of the portfolio, that's rather high. Wonder if you plan to keep the ratio? It would be great if you could share your crypto investment for 2022? Happy holidays!
ReplyDeleteHi Tanventure,
DeleteYes, our portfolio increased quite a bit due to 2 reasons: we got more comfortable and took on more leverage + the gains from crypto were quite significant as well.
Our initial plan was to build passive income using a dividend portfolio and US stocks have withholding taxes which we avoid. On hindsight, it would probably have been a better idea to invest in growth stocks rather than dividends stocks.
Interestingly, our crypto portfolio has exceeded our stocks portfolio already. To be honest, no plan with respect to the ratio at the moment and it is difficult to go back to stocks once you starts crypto/defi so I am guessing our crypto portfolio will only continue to grow.
Happy holidays to you too!