Endowus - November 2021

With LUNA price at an all-time high, we have crossed another milestone and have become crypto millionaires which I will be blogging about separately. As the year comes to an end, I am planning to move some funds around again - specifically moving StashAway SRS into Endowus due to the lower fees. Will evaluate further and provide another update if that happens.

Risk Profile
Goal type: General wealth accumulation
Risk tolerance: Maximise returns (loss tolerance -60%)
Monthly investment using SRS: $638

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

Account Summary

Capital: $28,168.00 (SRS $18,168 and CPF $10,000.00)

Current: $33,351.00 (20.32%)

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 26 December 2021, the portfolio value is $34,303.20. The return shown in percentage is just a simple return (P&L divided by capital) including the $10k investment from CPF OA.

It will be clearer/more accurate if we look at the respective portfolio.

I blogged about using Fund Smart to invest my CPF here. On a side note, Endowus is performing much better as compared with StashAway given that both portfolios had the same capital/deposit and started around the same time (StashAway had a few months of headstart).

Asset Allocation

This shows that the number of shares for each fund that I owned:

CPF

- LionGlobal Infinity US 500 Stock Index Fund (4,017.6700)

SRS
- Dimensional Global Core Equity Fund (260.2480)
- LionGlobal Infinity US 500 Stock Index Fund (2,934.5900)
- Dimensional Emerging Markets Large Cap Core Equity Fund (118.1370)
- Dimensional Pacific Basin Small Companies Fund (108.4140)

Transactions

That's all! Overall, I think the statement is pretty straightforward and easy to read. On a side note, StocksCafe does not have 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! 

On a side note, Futu's moomoo app sign-up promotion is slightly different every month (AAPL shares, cash coupon, etc. 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 :)

You might be interested in the previous monthly update too:

- Endowus CPF/SRS Review

- Endowus - December 2020 - $12,466.20

- Endowus - January 2021 - $13,080.35

- Endowus - February 2021 - $13,549.30

- Endowus - March 2021 - $15,484.29

- Endowus - April 2021 - $16,570.37

- Endowus - May 2021 - $17,325.44

- Endowus - June 2021 - $28,840.67

- Endowus - July 2021 - $30,013.78

- Endowus - August 2021 - $31,198.92 

- Endowus - September 2021 - $30,827.27

- Endowus - October 2021 - $32,854.68

- Endowus - November 2021 - $33,351.00

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 - October 2021

I'm on my block leave and we just went on another staycation at Shangri-La. You can read about our previous staycation here - Shangri-La Garden Wing Staycation With Baby Ong. This time round Baby Ong enjoyed it so much more!

Risk Profile
Goal type: General wealth accumulation
Risk tolerance: Maximise returns (loss tolerance -60%)
Monthly investment using SRS: $638

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

Account Summary

Capital: $27,530.00 (SRS $17,530 and CPF $10,000.00)

Current: $32,854.68 (22.99%)

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 20 November 2021, the portfolio value is $33,648.05. The return shown in percentage is just a simple return (P&L divided by capital) including the $10k investment from CPF OA.

It will be clearer/more accurate if we look at the respective portfolio.

I blogged about using Fund Smart to invest my CPF here. On a side note, Endowus is performing much better as compared with StashAway given that both portfolios had the same capital/deposit and started around the same time (StashAway had a few months of headstart).

Asset Allocation

This shows that the number of shares for each fund that I owned:

CPF

- LionGlobal Infinity US 500 Stock Index Fund (4,017.6700)

SRS
- Dimensional Global Core Equity Fund (252.3680)
- LionGlobal Infinity US 500 Stock Index Fund (2,914.7900)
- Dimensional Emerging Markets Large Cap Core Equity Fund (111.4660)
- Dimensional Pacific Basin Small Companies Fund (101.9610)

Transactions

That's all! Overall, I think the statement is pretty straightforward and easy to read. On a side note, StocksCafe does not have 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! 

On a side note, Futu's moomoo app sign-up promotion is slightly different every month (AAPL shares, cash coupon, etc. 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 :)

You might be interested in the previous monthly update too:

- Endowus CPF/SRS Review

- Endowus - December 2020 - $12,466.20

- Endowus - January 2021 - $13,080.35

- Endowus - February 2021 - $13,549.30

- Endowus - March 2021 - $15,484.29

- Endowus - April 2021 - $16,570.37

- Endowus - May 2021 - $17,325.44

- Endowus - June 2021 - $28,840.67

- Endowus - July 2021 - $30,013.78

- Endowus - August 2021 - $31,198.92 

- Endowus - September 2021 - $30,827.27

- Endowus - October 2021 - $32,854.68

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 - September 2021

The last few weeks have been pretty challenging looking after Baby Ong as she decides to stop sleeping early (~7:30pm) one day. Her routine is as such: we would pick her up from the infant care at 6pm, reach home around 6:45pm, bathe, feed and put her to sleep at 7:30pm.  Nowadays, she refuse to sleep until it's like 9/10pm. Those with kids will know, we can only get things done when they are sleeping. Hence, we have been a lot less productive @_@" Oh well, guess this is part of her growing up and we just got to adapt accordingly. 

Investment for this month:
Baby Ong Cash - StashAway Risk Index 36% - $100

KPO SRS - StashAway Risk Index 36% - $638

Total: $738

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

KPO

CZM

Based on the statement (30 September 2021), our total investment is ‭$25,457.45! KPO lost $466.21 and CZM lost $148.97 for the month.

As of 24 October 2021, these are our portfolio performances:

Baby Ong Cash - StashAway Risk Index 36%: $781.20 (-7.60% - Capital: $800)

KPO SRS - StashAway Risk Index 36%: $19,384.62 (43.59% - Capital: $16,892)

CZM SRS - StashAway Risk Index 22%: $6,559.02  (25.93% - Capital: $6,000)

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

Baby Ong Cash - StashAway Risk Index 36%

KPO SRS - StashAway Risk Index 36%

CZM SRS - StashAway Risk Index 22%

3. FEE CALCULATIONS

The fee stated is based on the monthly-average assets SGD ($18,762.50 x 0.8%) / 365 days * 30 days = $12.34.

The fee stated is based on the monthly-average assets SGD $6,402.90 x 0.8% / 365 days * 30 days = $4.21. 

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 (3.41%) for the year 2021, we can see that StashAway Risk Index 36% is underperforming all of the benchmarks (due to China Tech ETF - KWEB).

If we compare across the years, StashAway's portfolio is winning by a huge margin (43.67%) against STI but lost to SPY (73.68%) and IWDA (63.26%). The annualized return/XIRR of the portfolio is very impressive at 12.63% (it was impressive until I got into crypto where a savings equivalent product has a yield of 20% - DeFi - Terra (LUNA & UST) & Anchor Protocol (20% Interest)). Using the Rule of 72 means that the StashAway portfolio will double our money in 72 / 12.63 ~ 5.70 years. In comparison, if left in the bank account at a 2% interest rate, the same money 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.

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 :)

You might be interested in previous months update too:

- StashAway Withholding Tax Reimbursement FY 2019

- StashAway - December 2020 - $56,721.26

- StashAway - January 2021 - $59,991.38

- StashAway - February 2021 - $61,608.72

- StashAway - March 2021 - $64,759.72

- StashAway - April 2021 - $67,210.58

- StashAway - May 2021 - $70,178.91

- StashAway - June 2021 - $73,133.14

- StashAway - July 2021 - $73,355.47

- StashAway - August 2021 - $25,334.63 (Closed one portfolio - Bye Bye StashAway!)

- StashAway - September 2021 - $25,457.45

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 - September 2021

If you have read my previous update (Portfolio - September 2021), you would have seen a small section on NFT (Non-Fungible Token). Long story short, I minted/bought 3 NFTs for 9 LUNA in total (3 LUNA each) which was around US$369 at the point of minting and sold the least rare one for 118 LUNA (~US$4,838) in just 5 days which translate to 3,933% return (not annualized). Crazy! I was also able to participate in a token issue/launch (IPO equivalent) where my initial investment of US$1,500 is now valued at US$16,500 at the point of writing (Pylon Swap for Nexus Protocol. Psi current price - US$0.11). Essentially, I made ~US$20k in just 2 weeks. How to go back to stocks/ETF? lol. Anyway, I will blog in detail about the above especially on Pylon Protocol. Imagine a fixed deposit equivalent (capital guaranteed) but with hundreds % of yield/interest, it is just mind-blowing.

Risk Profile
Goal type: General wealth accumulation
Risk tolerance: Maximise returns (loss tolerance -60%)
Monthly investment using SRS: $638

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

Account Summary

Capital: $26,892.00 (SRS $16,892 and CPF $10,000.00)

Current: $30,827.27 (19.08%)

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 15 October 2021, the portfolio value is $30,987.30. The return shown in percentage is just a simple return (P&L divided by capital) including the $10k investment from CPF OA.

It will be clearer/more accurate if we look at the respective portfolio.

I blogged about using Fund Smart to invest my CPF here. On a side note, Endowus is performing much better as compared with StashAway given that both portfolios had the same capital/deposit and started around the same time (StashAway had a few months of headstart).

Asset Allocation

This shows that the number of shares for each fund that I owned:

CPF

- LionGlobal Infinity US 500 Stock Index Fund (4,017.6700)

SRS
- Dimensional Global Core Equity Fund (245.7770)
- LionGlobal Infinity US 500 Stock Index Fund (2,861.2100)
- Dimensional Emerging Markets Large Cap Core Equity Fund (107.7860)
- Dimensional Pacific Basin Small Companies Fund (95.4100)

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! 

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 :)

You might be interested in the previous monthly update too:

- Endowus CPF/SRS Review

- Endowus - December 2020 - $12,466.20

- Endowus - January 2021 - $13,080.35

- Endowus - February 2021 - $13,549.30

- Endowus - March 2021 - $15,484.29

- Endowus - April 2021 - $16,570.37

- Endowus - May 2021 - $17,325.44

- Endowus - June 2021 - $28,840.67

- Endowus - July 2021 - $30,013.78

- Endowus - August 2021 - $31,198.92 

- Endowus - September 2021 - $30,827.27

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 - August 2021

I have been watching too many Netflix shows (Money Heist, Squid Game and Lucifer) this month, spending too much time on CT (Crypto Twitter) and trying to accumulate as much LUNA as possible before the Columbus 5 upgrade. As a result, I did not have much time to update the blog. 

Investment for this month:
Baby Ong Cash - StashAway Risk Index 36% - $100

KPO SRS - StashAway Risk Index 36% - $638

Total: $738

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

KPO

CZM

Based on the statement (31 August 2021), our total investment is ‭$25,334.63! KPO lost $264.08 and CZM lost $12.57 for the month. The huge decrease in total investment is because we have closed one portfolio which I blogged about here - Bye Bye StashAway!

As of 28 September 2021, these are our portfolio performances:

Baby Ong Cash - StashAway Risk Index 36%: $701.41 (-11.07% - Capital: $750)

KPO SRS - StashAway Risk Index 36%: $18,006.41 (38.16% - Capital: $16,254)

CZM SRS - StashAway Risk Index 22%: $6,359.10  (22.09% - Capital: $6,000)

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

Baby Ong Cash - StashAway Risk Index 36%

KPO SRS - StashAway Risk Index 36%

CZM SRS - StashAway Risk Index 22%

3. FEE CALCULATIONS

The fee stated is based on the monthly-average assets SGD ($25,000.00 x 0.8% + $25,000.00 x 0.7% + $5,697.78 x 0.6%) / 365 days * 31 days = $34.02.

The fee stated is based on the monthly-average assets SGD $6,416.07 x 0.8% / 365 days * 31 days = $4.36. 

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 (-1.48%) for the year 2021, we can see that StashAway Risk Index 36% is underperforming all of the benchmarks (due to China Tech ETF - KWEB).

If we compare across the years, StashAway's portfolio is winning by a huge margin (36.96%) against STI but lost to SPY (68.22%) and IWDA (59.24%). The annualized return/XIRR of the portfolio is very impressive at 8.64% (it was impressive until I got into crypto where a savings equivalent product has a yield of 20% - DeFi - Terra (LUNA & UST) & Anchor Protocol (20% Interest)). Using the Rule of 72 means that the StashAway portfolio will double our money in 72 / 8.64 ~ 8.33 years. In comparison, if left in the bank account at a 2% interest rate, the same money 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 Withholding Tax Reimbursement FY 2019

- StashAway - December 2020 - $56,721.26

- StashAway - January 2021 - $59,991.38

- StashAway - February 2021 - $61,608.72

- StashAway - March 2021 - $64,759.72

- StashAway - April 2021 - $67,210.58

- StashAway - May 2021 - $70,178.91

- StashAway - June 2021 - $73,133.14

- StashAway - July 2021 - $73,355.47

- StashAway - August 2021 - $25,334.63 (Closed one portfolio - Bye Bye StashAway!)

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 - August 2021

Endowus created a CPF Calculator to help with retirement planning and I felt that was pretty cool. Definitely much nicer than my own spreadsheet. lol. Feel free to give it a try. 

Risk Profile
Goal type: General wealth accumulation
Risk tolerance: Maximise returns (loss tolerance -60%)
Monthly investment using SRS: $638

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

Account Summary

Capital: $26,254.00 (SRS $16,254 and CPF $10,000.00)

Current: $31,198.92 (26.74%)

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 19 September 2021, the portfolio value is $30,948.96. The return shown in percentage is just a simple return (P&L divided by capital) including the $10k investment from CPF OA.

It will be clearer/more accurate if we look at the respective portfolio.

I blogged about using Fund Smart to invest my CPF here. On a side note, Endowus is performing much better as compared with StashAway given that both portfolios had the same capital/deposit and started around the same time (StashAway had a few months of headstart).

Asset Allocation

This shows that the number of shares for each fund that I owned:

CPF

- LionGlobal Infinity US 500 Stock Index Fund (4,017.6700)

SRS
- Dimensional Global Core Equity Fund (237.9450)
- LionGlobal Infinity US 500 Stock Index Fund (2,748.2300)
- Dimensional Emerging Markets Large Cap Core Equity Fund (104.0960)
- Dimensional Pacific Basin Small Companies Fund (95.4100)

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 the previous monthly update too:

- Endowus CPF/SRS Review

- Endowus - December 2020 - $12,466.20

- Endowus - January 2021 - $13,080.35

- Endowus - February 2021 - $13,549.30

- Endowus - March 2021 - $15,484.29

- Endowus - April 2021 - $16,570.37

- Endowus - May 2021 - $17,325.44

- Endowus - June 2021 - $28,840.67

- Endowus - July 2021 - $30,013.78

- Endowus - August 2021 - $31,198.92 

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.)