nothing great but cannot complain.

 

We ended the year with 71k lower on absolute return ( minus new capital poured in ).

Net worth increased due to the increase in other asset prices condo hdb and watches. 

the projection for next year's dividend about 130-150k due to rebalancing into tech sectors which gives me zero dividend.... 

The main reason for the drag is due to a small allocation into the US market, while a bigger allocation into the HK, Singapore, and the UK market all three markets does not perform well this year. 

However, we have done well if we consider our performance against the market that we are tracking against. 

Let's see what we can do next year..

observation market is chasing growth and has seen a lot of investors achieving 50% return within 3-4 months. 

WOW....

 

Inflation is crazy !!!!..... In Dividend i trust.

Total net worth increases by a bit from the previous year high of 3.08 

Net worth increase by 120k thru saving and capital appreciation on assets. 

What is interesting is that going forward the dividend should hit 140-160k for 2021 and about 200k for 2022.

The portfolio I am managing is grossly undervalued based on the DDM method. 

Let's see if we can end the year on a high note. 

The projected dividend has been increased to close to 145K for FY 2021. 

I think that the technology sector trend has ended. It reminds me of the China S chip bubbles in 2007 era.

difference between my all-time high record of 3.085 was about 140k however this was also due to dividend reinvested. and saving of 60k for this year. 

Let's hope i can end this year with a slight profit to close of the covid year.. 

year low about 2.485M and YTD recovered 450k .. wah ... sweat... 

 

Dividend from 2013 to 2020.

 

Saturday, September 12, 2020

Dividend from 2013 to 2020.

With value investing - A.K.A dividend investing out of favor in recent years. 

I need to remain focus on what am I investing for? I have constructed a dividend 

and growth portfolio that comprises 30% growth stocks with very little to no dividend 

and yield stocks which will give \ me a dividend income so that I could reinvest into the 

future should I decided to have delay gratification. Or I can choose to consume my 

dividend should I choose to retire one day.. over the past 8 years my dividend income 

grew by 13.2 % CAGR this of cos includes dividend reinvested into my portfolio.

 Should I stop reinvesting now dividend income should be able to reach a growth 

rate of 3% P.A as such total dividend received would be 226,000 when 

I reached 65 years old. the next question would be how much would one pay for a 

portfolio of 226k of dividend income.. that figure should be about 5M portfolio. 

however, if I choose to reinvest the dividend back into the portfolio. 

The return should be about 5% higher per year of which dividend income would be around 900 k per year. 

Assuming I reached 65 years old.. this is the long game. haha, enjoy.

 

Recovering - 

Dividend to date - 93k YTD with 22.6k unpaid but Ex. 

Such that total portfolio value to be in the range of 2.7M 

Overall we have lagged the market this year as our portfolio is more geared toward dividend yield stocks which are not very popular now. However, I think the intrinsic value of our portfolio should be in the range of 5-6M as our dividend per year has increased to 110-120k Projected in FY 2021. 

: 114, Unpaid: USD 3,112.34 (SGD 4,228.49), SGD 17,378.23, HKD 0.14 (SGD 0.02), GBX 57,011.76 (SGD 1,034.14), Total in SGD 22,640.88

we are down by 470K from our peak after vesting close to 50k of new money this year. 

-17.4% from peak.. 

recovering

Year to date portfolio decline by 17.4% was relatively happy as last year was a really good year up 33%..

404K more to new high.

focus dividend yield is the key - dividend received 56K so far.

Projection dividend 2021 - 120-135K estimated .. looking beyond 2020...

recovering from the bleeding and still bleeding. still humbled by the market... sian...

Net worth decline by 21.7% year to date from a record high of 3.1M at the beginning of the year.
relook at the portfolio i am holding reposition from high growth to a defensive portfolio.

reasonable yield with net cash companies 5 to 7% yield.
Dividend forecasted to be around 100K to 120k with a port of 2.2M

Debt to equity currently at 10% will be shoring up to 20% 1.2 x geared ..

Maxed gearing to 1.3 X

Let's see if we can out perform .

Un-geared port at -18.52% YTD.

Humbled by the market

Received a -624K decline this year bringing the decline to 27% YTD.

the decline increase by a factor of 1.2 due to the usage of leveraged .

In the good time bull market leveraged was widely used. This is not uncommon .

However some people uses more some people uses less.

For me my usage is simple i basically just used it and will use my dividend and income to repay it ..

Even than it was simply too much for me .

Well basically my portfolio investment portfolio reached back to the 2018 level when the market is at their multi year low.

All my gains for 2019 was wiped out in this event..

We are currently 624k away from my all time high .

Confirmed dividend announced is about 62k for half yearly . These amount would be reinvested back into the market during these unusual timing.

observation from the market - a lot of margin call or force selling which are reluctant sales that are triggered by funds redemptions or margin call. The low for STI at 2100 level after which strong rebound toward 2500 level expect consolidation near the 2300-2500 level before moving higher or lower from here.

Lets see..

The 1 in 38th chances of our life time .

WOW !!! .... Drop again... ZZZZ...  Net worth drop to slightly below SGD 3M....  Sian... If we looked at what has happened in the last 1 year itself our portfolio is pretty volatile reason being we had a focus portfolio of 20-30 holdings. The Month to date drop was about 6.5% for this month as and the total decline for YTD about 9% . as the platform did not update the US market decline last night ..


So what do we do ?? We panic and sell.. Of cost not .. For a season investor that had been thru the 2008 financial crisis , this decline is nothing new..

There had been a total of 38 decline of more than 10% decline since WW2 according to an article published by GS. The odds is clear investing is a long term game and to build wealth, one must be able to endure the volatility. The most important question right now should be ? Are you sure of what you are buying ?

So now the next question should be if it drop to more than 20% whats next,  congrats your odds has just reduce further to 1 in 12 chances in your life time.

Had it dropped to more than 60% ? congrats once in your lifetime... must wack jia luk jia luk.

If drop more than that ?? don't worry a lot of billionaires must have lost more than you haha !!!

what a month, what a start

Overall portfolio decline by 2.69% in the month of Jan, this is the first pull back in the last 4 months.
We were up by more than 3% in the mid of the month only to end the month down thats a swing of 5.69% in the other direction.

Overall networth decline to 3,052,111

2019 year to date return what a year ...

Year to date return came in at drum roll 32.98%

But it does not looks as impressive as it seems reason being last year we were down 8%

Assuming we start off with 1M by the end of 2018 we are left with 920K

so 920K *1.33 = 1.2236 annualise return for 2 years is only 10.62% for the period 2018-2019




2013 +18.6%
2014 + 18.4%
2015 + 17.7&
2016 + 5.9%
2017 + 15.7%
2018 -8%
2019 + 33 %


Lesson learn - it is harder to climb back up when u are down for a year ...
We were very lucky last year.. Lets hoped that we can do average return of 14% per year as 10.62% we are actually underperforming on the hurdle we set which is at 14% return .

We ended the year at the net worth below .

We have actually withdrawn 50k from our dividend to subsidy our lifestyle for last year and my wife has stopped working for 2 years and counting ..  ..

Happy CNY and happy new year to all.

3,122,624

Net Worth (SGD) ?