Summary of January 2019 Transactions

We are at the end of the first month of the year 2019. There are no major changes to my stock portfolio this month except for the regular monthly purchase of Singapore Savings Bonds. It will be exciting next month as we can use our monies in Supplementary Retirement Scheme (“SRS”) funds to purchase Singapore Savings Bonds with effect from 1st February 2019!

This month, I attended a two day seminar (Alpha Summit) organized by The Fifth Person. The event was packed with lots of contents where they share with us the importance of free cash flow etc. Moving forward, I shall try to practice the things I learnt at the seminar in my stock analysis of companies I am interested in.

A few companies in my stock portfolio had released their financial results recently. It was surprising for me that CapitaMall Trust has done well in terms of DPU growth and disappointing for Frasers Logistics and Industrial Trust due to lower DPU because of a weaker foreign exchange between Australian dollar and Singapore dollar.

CapitaMall Trust DPU for 4Q2018 is 2.99 Cents

Frasers Logistics and Industrial Trust Declares Lower DPU in Singapore Cents

The US government has re-opened after a 15 days shutdown. Last night, the Fed has also highlighted that interest rate hikes may potentially slow down. This is a pretty much good news for REITs and the global stock market.

That’s all for January updates!

Summary of November 2018 Transactions

November is ending soon and we will be in the last month of the year 2018. There is basically no major changes to my stock portfolio as I have not sold or added new stocks to my portfolio except for the monthly routine of allocating some cash aside for Singapore Savings Bonds. As such, the percentage of Singapore Savings Bonds crept up from the previous 16% to current 17%.

As the festive season gets closer, I am expecting my expenses to crept up this month and next month due to purchase of gifts for friends and my family. I bought a Nintendo Switch during the 11.11 sale which I think is a pretty good deal at S$407 which includes one game.

Now comes to my wife’s stock portfolio. Similarly, her percentage holdings of Singapore Savings Bonds crept up 1% due to monthly routine purchase. She is also performing the DBS Multiplier Account plus Singapore Savings Bonds hack which earns her additional interest every month.

Even though most stocks and REITs in both of our stock portfolio did not achieve stellar results even though the year 2018 is ending, we are telling ourselves to keep calm. We constantly reminded ourselves that our investments are for the longer term and the dividends collected will supersede the losses incurred in the short term. We are dividend investors.

Last but not least, there are some things I need to remind myself of as next month (December) is the last month of the year.

  1. Contribute to my Supplementary Retirement Account for tax rebates.
  2. Set aside cash to top up my CPF Medisave account to the maximum. The Basic Healthcare Sum (BHS) from 1 January 2019 is $57,200 for all CPF members aged 65 years old and below in 2019. This means I have to top up S$2,700 in cash if I wish to hit the maximum allowed in 2019.

Summary of October 2018 Transactions

This is an exciting month as REITs start to announce their financial results. With the exception of Frasers Logistics and Industrial which will announce their financial results in November, Frasers Commercial Trust, Mapletree Commercial Trust, CapitaMall Trust and Parkway Life REIT has all announced their financial results.

I am happy that Frasers Commercial Trust managed to sustain 2.40 cents per unit for 4Q2018. At the current share price of S$1.43 and FY18 total distribution per unit of 9.60 cents, the yield is 6.71%. The other REIT with fantastic financial results was Mapletree Commercial Trust which reported a growth of 1.3% in Distribution Per Unit (“DPU”) to 2.27 cents.

I have yet to review CapitaMall Trust and Parkway Life REIT financial results but a quick glance shows that the Distribution Per Unit (“DPU”) for CapitaMall Trust has increased by 4.9% to 2.92 cents when comparing 3Q2017 and 3Q2018. Shopper traffic fell 1.8% though. Distribution Per Unit (“DPU”) for ParkwayLife REIT fell 4.1% when comparing 3Q2017 and 3Q2018 financial results. Read More