Not a good month with fears of both Recession and Interest Rate rises continuing to cause Bond Prices to fall. Annualised Performance is now -2.12% p.a.This portfolio is currently sitting on significant Mark-to-Market losses on bonds especially with USD/EUR Perpetual Bonds falling to low 80s. Note that I have about GBP10.5k cash that belongs to this portfolio sitting in Interactive Brokers, which
All good things must come to an end. All streaks will end.Sadly, my 8 month streak of gains has been broken! Even though I had made a number of small and profitable trades for the month, the realised gains from those trades were not enough to offset the mark-to-market loss from Twitter, DBS, and Suntec Reit!Current market, even the supposedly resilent Singapore Market, seems bearish and I am
It has happened and here is a screenshot for memory. It happened at 3.18pm Singapore Time, 18th June 2022, Saturday.Bitcoin below USD20k and Ether below USD1k. How it will carry on from here, let's see.Regards, NewbieThis blogpost is provided to you for general information only and does not constitute a recommendation, an offer or solicitation to buy or sell the investment product mentioned.
Bonds have rebounded a bit from their lows, but my timing in buying 2 new bonds wasn't that good as they declined more after I used bulk of the Shell proceeds to purchase them. But once again, I would repeat: If a bond price drops after you purchase it, it isn't really a 'loss'. It just means you have locked in a lousier yield than what you could have locked in now. For example 4% yield vs 4.8%
Small and consistent gains. It remains a nice 8 month upward gain streak, demonstrating how frequent buy/sell trades using cheap brokers on stable SGX stocks can work well consistently, if you have a tested and proven method.Now if only Elon will just shut up and complete the Twitter $54.20 deal already!Regards, NewbieThis blogpost is provided to you for general information only and does not
Not a very good month as almost all asset classes have declined. The main reason used by everyone appears to be "CAUSED BY INFLATION FEARS" (seems virus fears are out the window now).All Shell shares of this portfolio have been sold and proceeds are currently being held as GBP cash in the account (currently still held at Interactive Brokers). Average Sale Price achieved (inclusive of commissions
Another small upward gain for this mini $50k sample portfolio.Interactive Brokers have updated the $2.36 Cash Offer proceeds for the SPH shares. I decided to take a punt on Twitter Shares. As we all know, Elon Musk will be offering USD54.20 cash for each Twitter Share with the deal expected to close about October to December 2022. Of course there is always the chance that the acquisition
Not much changes to the Portfolio Value. This Portfolio received Coupon Payments from both SCOR and HSBC bonds this month! Shell Dividends were also paid.I have been selling this Portfolio's Shell shares using Interactive Brokers (I transferred out all the Shell Shares) and as at End March 2022, a total of 1,200 Shell Shares have been sold and 800 Shell Shares remaining.Once all Shell Shares have
Portfolio is up month-on-month again, continuous win streak for 6 months. Yeah mike, 100% winning (realised) trades!SPH shareholders have finally voted and approved the Cuscaden Scheme. Now just have to wait until early May to receive the SGD2.36 cash per SPH share (I will definitely be choosing ALL CASH regardless of the price of SPH Reit).Regards, NewbieThis blogpost is provided to you for
Thanks to the combination of Geo Political conflicts and the threats of rising inflation and the impending Fed rate hike, it was a bad month for Bonds as can be seen by the downward price movement especially in my USD SCOR SE bond.An observation from being involved in USD, EUR, GBP, and SGD bonds would be SGD bonds tend to be more resilient in the face of world wide developments. Maybe most SGD
Portfolio continues a slow and steady upward movement.SPH has set the Takeover Scheme Meeting for 22nd March 2022 and I would expect to receive the $2.36 All Cash payment around early May 2022.Regards, NewbieThis blogpost is provided to you for general information only and does not constitute a recommendation, an offer or solicitation to buy or sell the investment product mentioned. It does not
With US Fed expected to raise interest rates faster than initially expected, bond prices have come down. I am not too worried as I am holding bonds for the long term. The key figure that affects me would be the bond yield locked in upon purchase of the bond.Regards, NewbieThis blogpost is provided to you for general information only and does not constitute a recommendation, an offer or
HAPPY LUNAR NEW YEAR!Nothing much this month again as I continue to wait for SPH deal to complete.Regards, NewbieThis blogpost is provided to you for general information only and does not constitute a recommendation, an offer or solicitation to buy or sell the investment product mentioned. It does not have any regard to your specific investment objectives, financial situation or any of your
The first month of the 3rd year for this $400k Mini Portfolio!It is a decent start with this $400k Mini Portfolio continuing to register a positive Month on Month performance, Absolute Performance, as well as Annualised Performance.One sad piece of news that I received on 4th January 2022 was the Regulatory Call Notice for the 12% Lloyds USD bond. The bond will be called at 100 on 4th February
Another month of small but consistent profits! Just waiting for the SPH deal to complete. I will definitely be choosing the SGD2.36 All Cash Offer!Regards, NewbieThis blogpost is provided to you for general information only and does not constitute a recommendation, an offer or solicitation to buy or sell the investment product mentioned. It does not have any regard to your specific investment
With markets believing that interest rate rises are round the corner, bonds have generally come down in prices. Notably my Singtel 3.3% SGD Bond is now below 100. I am not too worried as I am holding the bonds in the portfolio long term with no intention to trade them. As long as the locked in Bond Yield is above my Loan Rate, I am still having positive Carry Yield.End November 2021 is also the 2
Still decent safe profits on my small Singapore Market only Equity portfolio!Decided to deploy bulk of the SGD cash into SPH which I think will be a safe play with the SGD2.36 Cash Offer taking place in February 2022, effectively a 4% p.a. bet for a period of 2-3 months.Regards, NewbieThis blogpost is provided to you for general information only and does not constitute a recommendation, an offer
I started a small Singapore Market only Equity portfolio with SGD50k cash in October 2021. The intention is to show that relatively frequent small 'verb' sized trades using a cheap discount broker like Interactive Brokers can make small and consistent 'bubble tea' money.I will try to provide Month End updates of this SGD50k portfolio as well as the usual Performance Tracker table (but I think
A very interesting and attractive SGD bond had been launched recently that I am very excited about and can't help sharing! It is the Mapletree Logistics Trust 3.725% SGD Perpetual Bond (Factsheet | MLTSP 3.725% Perpetual Corp (SGD) (fundsupermart.com)). It is rated BBB- by Fitch (RARE FOR SGD BONDS TO HAVE CREDIT RATING) and most if not all banks/brokerages will offer financing against this
Due to expectation of US Fed announcing a tapering in their bond purchase program, which leads to an expectation of interest rates rising, there was a pullback in the prices of bonds generally. It can be observed that the bonds in my portfolio dropped about 1-2 points month-on-month.With Shell Equity rising with oil prices, I took the opportunity to realise profits on a portion of my holdings.For
By now, many readers are aware that I started into cryptocurrencies at the beginning of the year. It took me a while to dive into this new and rising sector. Currently, I have a significant amount of my assets into cryptocurrencies. Well it happened because I started my portfolio just prior to the BTC peak price of $66k.Then the mother of all cryptos market crash happened in May. As the market
Mini portfolio went up mainly due to Shell equity moving up. SCOR and HSBC bonds paid interest in the month and the funds were used to reduce the existing loans.All in all, a decent 3.56% p.a. Annualised Performance for a portfolio that started just before the Covid Crisis and recovered rather nicely.Looking forward for this portfolio to continue its slow and steady upward performance with no
Another normal mundane month. Nothing to comment. Regards, NewbieThis blogpost is provided to you for general information only and does not constitute a recommendation, an offer or solicitation to buy or sell the investment product mentioned. It does not have any regard to your specific investment objectives, financial situation or any of your particular needs. Accordingly, no warranty
Another normal mundane month with no heart attacks as the Leveraged Bond Portfolio with small equity exposure exhibits its benefit.Regards, NewbieThis blogpost is provided to you for general information only and does not constitute a recommendation, an offer or solicitation to buy or sell the investment product mentioned. It does not have any regard to your specific investment objectives,
Markets continue to be relatively stable with the portfolio inching up due to bond interest as well as slight positive movement of Shell equity. There is also a slight positive contribution from FX as I had converted some SGD cash into USD and GBP previously.Nothing much to comment for this month.Regards, NewbieThis blogpost is provided to you for general information only and does not constitute