A lot has happened for the month of August. CZM was asking for a push present and we eventually decided to get a massage chair. She has been complaining about backache as the baby grows bigger. It was either her back that was aching or my hands so it definitely makes sense to get one. lol. We went around trying different massage chairs by OSIM and OGAWA during the national day period and decided to get OGAWA Genix at $2.2k because it was more affordable. According to CZM, the most comfortable one is OSIM uLove but that cost around $5.8k and she didn't want to spend so much.
I had to do a wisdom tooth surgery to extract my decaying impacted tooth last month. The surgery itself went smoothly (apparently there's a risk of permanent nerve damage causing numbness in the face) besides the drilling and pulling. The most painful part was when the dentist injects anesthesia into the gum and after it wears off. The next few days were torturing as well with a liquid diet and never feeling full. My pocket would have been very painful too if not for my company insurance as the surgery costs $800+.
Our portfolio has crossed the $500k milestone once again! It increased by 7.95% to $525,857 - $25,092.29 of capital injection and $13,629.65 of capital gain. This includes $45,276 of leverage/debt (gearing ~8.6%).
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"Cash Flow" is the amount of money being injected/withdrawn from the portfolio (buying stocks = +ve cash flow while selling stocks and collecting dividends = -ve cash flow)
None
- CCB (5,000 units) @ HK$5.66
- Capitaland (434 units) @ $2.767
We received some dividends from CCB and BOC and decided to average down and buy more shares. Their share price have fallen further as bad debt/loans rise due to COVID-19. We decided to take shares instead of cash for Capitaland dividends.
I have "force" myself to buy $1,000 SGD worth of IWDA. We have decided to set some rules for the monthly IWDA investment:
- Current average price: $58.391
- If the market price is above our average price, buy $1,000
- If the market price is below our average price, buy $2,000
- Must buy by last trading day of the month
As an introduction, IWDA (iShares Core MSCI World UCITS ETF) is an accumulating (does not distribute dividends) world ETF managed passively by iShares. This has multiple purposes:
1. Capital Growth - Determine if simply buying a diversified world ETF will outperform StashAway/Endowus
2. Leverage Collateral - It has 70% LTV which will increase eventually increase our ability to borrow more or prevent a margin call
Anyway, IWDA is highly recommended by ShinyThings from HWZ. You can refer to this summarized version here.
On a side note, we can invest in such a small amount because there's no minimum commission for SCB priority customers which makes our investment very cost-effective.
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 August - $4,230
$1,000 Cash - StashAway Risk Index 22%
$1,000 Cash - Syfe REIT+ (100% REIT)
$500 Cash - Syfe Equity100 (100% Equities)
Dividends
The total dividends collected this month is $4,432.51. The breakdown is as follows:
|
Total dividends collected for 2020: $14,147.37
Average dividends per month for 2020: $1,768.42
StashAway
 |
| KPO |
 |
| CZM |
Current: $46,900.16
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
Current: $8,588.83
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
Current: $6,417.36
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 - August 2020 - $525,857
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