Thursday, October 8, 2020

SOLD: ST Engineering

 


Sold 20,000 shares of ST Engineering on 7 Oct at $3.56

Total profit of $7617.01 (11.5%) in less than 5 months.


Reason for selling:

Limited upside and taking profit

Even if it reaches $4, it is just 13% upside away.

ST Engineering is still a very good stock to hold. Thus, I do not really have many reason for selling aside wanting to take profit. 

If price were to fall back to below $3.30, will consider to buy it again.




Related post:

1) SOLD: Keppel Infrastructure Trust & Added: ST Engineering

Monday, October 5, 2020

[Baby] OSCAR or NIPT (Harmony / Panorama)

If you are in your first trimester of pregnancy, your gynae should have provide you with the option of doing a screening of either OSCAR or NIPT. 

OSCAR used a combination of maternal age, fetal NT and serum biochemistry to calculate the risk assessment result while Non-invasive prenatal testing (NIPT) analyze the DNA using blood.

Both OSCAR and NIPT provide you with probability risk score, not the diagnosis result.

It is important to consider the decision if the result is 'High risk' first before even consider to choose OSCAR or NIPT. Because if the decision is to still proceed with pregnancy even if the result is 'High risk', then there is no point to do any of the test in the first place.


Why we choose NIPT over OSCAR?

1) Higher accuracy & lower false positive rate

It is critical regard to accuracy of the result because we are making a life and death decision based on the result.

As further test will take few days ~ weeks for the result to come back, can you imagine the mental and health stress during the waiting period will cause to the couple and their families members. 

We also did our research and find out quite a numbers of their OSCAR result marked as 'High risk' but when they proceed to do further test like NIPT, the result turn out to be 'Low risk'.


2) Worth every cents

Although NIPT cost around 4 times more than OSCAR, but it worth every cents here.

In the most unfortunate ________ (fill in the blank) the baby have down syndrome (Trisomy 21) or have complicated health issues, the suffering the baby & the family have to undergo throughout the life and the medical expenses will bring to the family financial. 

If you are willing to spend the kind of money to buy new mobile phone that can only last you for less than 3 years, your money will be better spend to do NIPT which may affect a few people for nearly 30 - 80 years, depending on their role.

This type of money we do not want to save for the short term that could haunt you back in the long term.

Make use of the advance technology this era have to lead a better quality life. 


3) Discover the baby gender as early as 9 weeks


Friday, October 2, 2020

Transferred $20,000 from CPF OA to SA for Oct 2020

 


I transferred $20,000 from my OA to SA account today.

In total, I had transferred $72,000 since 2017.

i) $10,000 in Jan 2017 (Link)
ii) $10,000 in Feb 2018 (Link)
iii) $5,000 in Apr 2018 (Link)
iv) $10,000 in Apr 2019 (Link)
v) $17,000 in Apr 2020 (Link)
vi) $20,000 in Oct 2020


The objective of doing these transfer is to meet Full Retirement Sum (FRS) as early as possible so that I do not have to worry about the yearly increasing amount to FRS.

Based on past statistic, the yearly increasing amount is less than 4% which CPF SA interest % will be able to cover this even I no longer working the moment I were to hit the FRS amount in any year (Tips #15 & #16 in Link).

To escalate the process of hitting FRS, I also started to do Retirement Sum Topping-up (RSTU) this year.
Target to top up $7,000 cash into CPF SA by end of the year, so that I can enjoy tax relief for this action too.

The next plan once I hit FRS is to do Supplementary Retirement Scheme (SRS) for my tax relief. I guess this is a happy problem to be able to jump into this next stage.


Related post: