Friday, October 30, 2020

Summary of my portfolio - Oct 2020

 Mr CDxD portfolio

No.CountersNo. of Shares
1First REIT48,000
2HongKongLand USD21,200
3Frasers Centrepoint Trust30,000
6Keppel Corp6,000
7NikkoAM-StraitsTrading Asia Ex Japan Reit via POSB Invest Saver536

  • Sold 20,000 shares of ST Engineering on 07 Oct at $3.56. Total profit of $7617.01 (11.5%) in less than 5 months (Link)
  • Bought 30,000 shares of Fraser Centrepoint Trust on 08 Oct at $2.34 (Link)
  • S$1,710.11 of HongKongLand dividend payout on 16 Oct (USD6cents/share)
  • Bought 182 shares of NikkoAM-StraitsTrading Asia Ex Japan Reit via POSB Invest Saver at $1.10 (Cost $199.47)

Mrs CDxD portfolio

No.CountersNo. of Shares
1STI ETF via POSB invest Saver1312

Apr 2020: 185 shares at $2.69                Cost: $498.37
May 2020: 190 shares at $2.63               Cost: $498.87 
Jun 2020: 182 shares at $2.75                Cost: $499.96 
Jul 2020: 183 shares at $2.72                 Cost: $497.37 
Aug 2020: 188 shares at $2.65               Cost: $498.17 
Sep 2020: 193 shares at $2.58               Cost: $497.48
Oct 2020: 191 shares at $2.62                Cost: $499.57

  • $36.87 of STI ETF dividend payout on 17 Jul (6.62 cents /share) for 557 shares

Sunday, October 11, 2020

Earned 14x more cashback in POSB Cashback Bonus than in DBS Multiplier

Since switching over from DBS Multiplier to POSB Cashback Bonus on 8 Aug 2020, I had received the POSB Cashback Bonus amount in Aug & Sep.

I blogged why I made the switch here (Link).

My cashback amount would have been around 14x lower if I were to remain in DBS Multiplier.


You can calculate your potential cashback amount via DBS Multiplier & POSB Cashback Bonus calculator in their website to see which program will give you higher amount.

Related post:

1) Why you should sign up for NTUC Union membership now........

2) 33 financial tips for my 33rd Birthday

3) Why I continue to renew with Tuas Power instead of other electricity retailers

4) Switched from DBS Multiplier to POSB Cashback Bonus account

5) What I had learned in term of Life and Financial during Circuit Breaker (CB) period

Friday, October 9, 2020

Added: Frasers Centrepoint Trust


Bought 30,000 Frasers Centrepoint Trust (FCT) shares at $2.34 on 8 Oct.

Reasons for buying:

1) King of Suburban retail mall

2) DPU Accretive

3) Buy price $2.34 lower than Private Placement price of $2.35

4) $4.7m save on tax = More Income available for distribution 

5) Membership is a volume game

6) Tenant Sales almost back to Pre-COVID level

7) Potential higher tenants sales = Higher rental reversion due to last-mile requirement

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: