CompoundingDividendxDividend: 2021

Monday, December 20, 2021

Done for 2021 CPF Retirement Sum Topping-up (RSTU). How about you?

For Year 2021, I topped up $1000 to my SA account + $2000 to my MA account.

As a result, I had achieved BHS of $63,000 in my MA account in 2021 at age 34.

Given BHS is achieved, the next level will be to achieve FRS in my SA account.

Hopefully, I am able to achieve FRS in 2022, else latest by 2023 with the help of monthly contribution supposedly to MA will now flow to SA.

In total for myself, I had transferred $72,000 from my CPF OA to SA since 2017 (Link) + $5,000 from Cash to CPF SA + $2,000 from Cash to CPF MA.

As for my wife, she topped up $7000 to her SA account this year.

1) You have less than 24 days to lock in 62yo as your withdrawal age for SRS account

2) Done for 2020 CPF Retirement Sum Topping-up (RSTU). How about you?

3) New milestone - $300,000 portfolio

4) 34 financial tips for my 34th Birthday

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

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

Monday, December 13, 2021

Performance appraisal of my 2021 portfolio

My KPI for 2021 is to achieve minimally $15,000 of dividends (Link).

Actual amount for 2021: $9,654.95

2020 was the best year for me (SURPRISE despite COVID outbreak globally) where I collected $12k+ of dividends & achieved new milestone of $300,000 stock portfolio.

Note: In case you are wondering why my 2021 dividend target amount is double of 2020, I mention the below in last year Performance appraisal post:

"Since my portfolio had crossed $300,000, I should revised my yearly dividend KPI.

5% dividend per year seem to be a good & fair %.

For my 2021 KPI, it will be change from $7985 (Target amount set in 2016) to $15,000."

2021 was the worst year for me so far due to "Lesson learnt on paper loss SGD100k++ in US stock market".

To be honest, the KPI for 2022 and 2023 to achieve minimally $16,000 and $17,000 of dividends respectively likely to be impossible due to the effect of more than SGD100k++ paper loss unless my Tiger Brokers share price recovered back to my buy price.

1) Performance appraisal of my 2020 portfolio

2) 34 financial tips for my 34th Birthday

3) New milestone - $300,000 portfolio

4) Performance appraisal of my 2019 portfolio

5) Performance appraisal of my 2017 portfolio

Wednesday, December 8, 2021

You have less than 24 days to lock in 62yo as your withdrawal age for SRS account

If you want to be able to withdraw your money from your SRS account at 62 years old, you must make your first contribution to your SRS account latest by 31 Dec 2021.

What is SRS account?

The Supplementary Retirement Scheme (SRS) is a voluntary scheme to encourage individuals to save for retirement, over and above their CPF savings. Contributions to SRS are eligible for tax relief. Investment returns are tax-free before withdrawal and only 50% of the withdrawals from SRS are taxable at retirement.

What happen if I open SRS account AFTER 1 Jan 2022 onward?

SRS account follow the statutory age of retirement at the point of your first contribution to your SRS account.

The statutory age of retirement in 2021 is 62 years old

The statutory age of retirement in 2022 is 63 years old

The statutory age of retirement by 2030 is 65 years old

This was announced in National Rally 2019 (Link)

How much is needed?

How much time is needed to open SRS account?

Less than 2 mins for me via POSB ibanking.

You can open your SRS account with DBS/POSB, UOB or OCBC

Step 1: Login to your POSB ibanking

Step 2: Click on "Apply" -> "Supplementary Retirement Scheme (SRS)"

Step 3: Click "Instant Apply"

Step 4: Select from the dropdown list for "Reference Account for Signature" and "Debiting Account"

Ensure your "Contribution Amount" is minimally S$1 in order to lock your retirement age.

Click "I Acknowledge................" in My Details

Click Next button

Step 5: Click Submit once you verified your information in "2. Verify Details"

Step 6: Congratulation. Your SRS Account has been opened

1) CPF MRSS: dollar for dollar matching up till $3,000

2) Done for 2020 CPF Retirement Sum Topping-up (RSTU). How about you?

Monday, December 6, 2021

HongKongLand: Invested more than USD100k into this stock (Part 6)

Recap on background

HKL announced share buyback programme on 06 Sep 2021 (Link).

HKL planned to invest up to USD500M till 31 Dec 2022 and shares purchased under in this programme will be cancelled.

HKL share price was USD4.20 on 06 Sep before the announcement was made.

How many % of the USD500M used to date?

Just 34% only

Note: You can refer back to my old post for share buyback before 3 Nov.

52w high is at USD5.80 (19 Nov)

HKL highest share price paid is USD5.765 (17 Nov)

HKL largest single day buyback amount is USD22,605,498 (28 Oct)

HKL 2nd largest single day buyback amount is USD17,133,850 (23 Nov)

Unfortunately due to the new Omicron variant on 26 Nov (link), there is a selloff in the stock market.

HKL is not spare from this sell off too.

The share price of HKL derail and dropped to USD5.56 at the 30% milestone on 29 Nov.

I am quite surprise that HKL did not make any larger amount buyback during this period when the share price dropped.

1) HongKongLand: Invested more than USD100k into this stock (Part 5)

2) HongKongLand: Invested more than USD100k into this stock (Part 4)

3) HongKongLand: Invested more than USD100k into this stock (Part 3)

4) HongKongLand: Invested more than USD100k into this stock (Part 2)

5) HongKongLand: Invested more than USD100k into this stock

6) Added: HongKong Land USD (Aug 2020)

7) Added: HongKong Land USD (May 2020)

8) Added: HongKong Land USD (Mar 2020)

9) Added: HongKong Land USD (Feb 2020)

10) Added: HongKong Land USD (Crisis is also a time of opportunity)

11) Added: HongKong Land USD (Aug 2019)

Tuesday, November 30, 2021

Summary of my portfolio - Nov 2021

Mr CDxD portfolio

No.	Counters	No. of Shares
1	Frasers Centrepoint	4,100
2	HongKongLand USD	21,200
3	Comfortdelgro	16,000
4	Fastly	1,420
5	Tiger Brokers	6,100

$249.65 of Frasers Centrepoint Trust dividend payout on 29 Nov (6.089cents / share)

Tuesday, November 23, 2021

[Important for all parents] Free jabs and development test for baby / children at GP clinic

It seem like majority of parents still bring their baby / children to nearest polyclinic for jabs and development test mainly because it is free of charge aka fully subsidy.

Do you know that wef 1 Nov 2020, Singaporean baby / children can get FREE jabs and development test at any of CHAS GPs also? (Link)

If you do not stay walking distance from any of the Polyclinic, this is definitely more convenience for you (You can search for your nearest CHAS GPs here).

No application is required to enjoy this. Just walk in / book an appointment with the CHAS GPs will do.

Saturday, November 13, 2021

HongKongLand: Invested more than USD100k into this stock (Part 5)

Recap on background

HKL announced share buyback programme on 06 Sep 2021 (Link).

HKL planned to invest up to USD500M till 31 Dec 2022 and shares purchased under in this programme will be cancelled.

HKL share price was USD4.20 on 06 Sep before the announcement was made.

How many % of the USD500M used to date?

Just 20% only

This week is a boring week.

HKL only did 1 share buyback and the amount spent is one of the smallest (Rank second from last).

As such, the price range for this week is between USD5.58 ~ USD5.74.

HKL had not made any share buyback price above USD5.60 yet.

I believe this chart tell you clearly why only 1 share buyback was made on 10 Nov for this week and in such a small amount :)

The above chart is how I believe the share price will react to the USD500M at each 10% stage.

80% budget still available and HKL should not have any issue reaching USD7 and above.

1) HongKongLand: Invested more than USD100k into this stock (Part 4)

2) HongKongLand: Invested more than USD100k into this stock (Part 3)

3) HongKongLand: Invested more than USD100k into this stock (Part 2)

4) HongKongLand: Invested more than USD100k into this stock

5) Added: HongKong Land USD (Aug 2020)

6) Added: HongKong Land USD (May 2020)

7) Added: HongKong Land USD (Mar 2020)

8) Added: HongKong Land USD (Feb 2020)

9) Added: HongKong Land USD (Crisis is also a time of opportunity)

10) Added: HongKong Land USD (Aug 2019)

Friday, November 5, 2021

HongKongLand: Invested more than USD100k into this stock (Part 4)

Recap on background

HKL announced share buyback programme on 06 Sep 2021 (Link).

HKL planned to invest up to USD500M till 31 Dec 2022 and shares purchased under in this programme will be cancelled.

HKL share price was USD4.20 on 06 Sep before the announcement was made.

How many % of the USD500M used to date?

Just 20% only

The above chart is how I think the share price will react to the USD500M at each 10% stage.

80% budget still available and HKL should not have any issue reaching USD7 and above.

1) HongKongLand: Invested more than USD100k into this stock (Part 3)

2) HongKongLand: Invested more than USD100k into this stock (Part 2)

3) HongKongLand: Invested more than USD100k into this stock

4) Added: HongKong Land USD (Aug 2020)

5) Added: HongKong Land USD (May 2020)

6) Added: HongKong Land USD (Mar 2020)

7) Added: HongKong Land USD (Feb 2020)

8) Added: HongKong Land USD (Crisis is also a time of opportunity)

9) Added: HongKong Land USD (Aug 2019)

Saturday, October 30, 2021

HongKongLand: Invested more than USD100k into this stock (Part 3)

HKL had been doing share buyback almost daily in the month of Oct.

Recap on background

HKL announced share buyback programme on 06 Sep 2021 (Link).

HKL planned to invest up to USD500M till 31 Dec 2022 and shares purchased under in this programme will be cancelled.

HKL share price was USD4.20 on 06 Sep before the announcement was made.

How many % of the USD500M used to date?

Just 17% only

As mentioned in my 13 Oct post (link):

"If only 9% (USD44,045,676 out of USD500M) had been used for share buyback and the share price shot up to USD4.93 now, what will the share price be when its utilize 100% (USD500M)??"

As mentioned in my 23 Oct post (link):

"If only 11% (USD54,136,498 out of USD500M) had been used for share buyback and the share price shot up to USD5.23 now, what will the share price be when its utilize 100% (USD500M)??"

Today key message will be:

"If only 17% (USD84,176,576 out of USD500M) had been used for share buyback and the share price shot up to USD5.51 now, what will the share price be when its utilize 100% (USD500M)??"

1) HongKongLand: Invested more than USD100k into this stock (Part 2)

2) HongKongLand: Invested more than USD100k into this stock

3) Added: HongKong Land USD (Aug 2020)

4) Added: HongKong Land USD (May 2020)

5) Added: HongKong Land USD (Mar 2020)

6) Added: HongKong Land USD (Feb 2020)

7) Added: HongKong Land USD (Crisis is also a time of opportunity)

8) Added: HongKong Land USD (Aug 2019)

Friday, October 29, 2021

Regretted not paying $29 for Secretlab chair assembly service

During product checkout, you have the options to opt for Assembly service at $29 per chair or Same day / Sunday delivery at $19 per chair.

After looking at the official Assembly Guide and Assembly Video Guide provided by Secretlab, my first thought to myself was there are only 15 steps needed, shouldn't be hard.

Thus I selected to self assemble so that I can experience the wonderful unboxing experience too.

The whole packaging weighted 34.5kg (Salute to Secretlab delivery man who need to deliver the chair single-handedly).

The packaging hit 1 of my toe when I trying to move this heavy box (Ouch from my toe).

Everything was nicely packed inside.

The quality of the plastic and cardboard used are super thick.

I definitely appreciate this but if Secretlab can achieve the same objective with more environment friendly material used, that will be prefect.

There are 2 steps which require extra pair of hands to help out unless you are very strong.

Well, Secretlab did pre-empt you too in their Assembly Guide.

I would like to add 2 more pointers:

1) You need a big clear space when doing the self assembly

2) Prepare your own scissor

In the end, I think I took almost 30mins to finish assembling my first Secretlab chair and was sweating too in the end.

Conclusion

$29 is worth paying for the assembly service by Secretlab.

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3) Review: HYDRA S7 Robot Vacuum (The Best Robot in 2020??)

4) Saved 30% electricity bill by switching out from SP Group - Open Electricity Market (OEM)

5) Home renovation regrets that costs you thousands of dollars

6) Tips on buying mattress from Takashimaya, Robinson, Metro, Tempur

7) HDB BTO Key Collection

8) Money saving tips during renovation and buying home appliances

9) How I reduce my POSB fixed 1.4% home loan to 0.85% via POSB cashback bonus

Thursday, October 28, 2021

Summary of my portfolio - Oct 2021

Mr CDxD portfolio

No.	Counters	No. of Shares
1	Frasers Centrepoint	4,100
2	HongKongLand USD	21,200
3	Comfortdelgro	16,000
4	Fastly	1,420
5	Tiger Brokers	6,100

Bought 16,000 shares of Comfortdelgro at $1.56 on 19 Oct (Link)
$249.65 of Frasers Centrepoint Trust dividend declared on 27 Oct, payout on 29 Nov (6.089cents / share)

Saturday, October 23, 2021

HongKongLand: Invested more than USD100k into this stock (Part 2)

HKL had been doing share buyback almost daily in the month of Oct.

Recap on background

HKL announced share buyback programme on 06 Sep 2021 (Link).

HKL planned to invest up to USD500M till 31 Dec 2022 and shares purchased under in this programme will be cancelled.

HKL share price was USD4.20 on 06 Sep before the announcement was made.

How many % of the USD500M used to date?

Just 11% only

As mentioned in my 13 Oct post (link):
"If only 9% (USD44,045,676 out of USD500M) had been used for share buyback and the share price shot up to USD4.93 now, what will the share price be when its utilize 100% (USD500M)??"

Today key message will be:

"If only 11% (USD54,136,498 out of USD500M) had been used for share buyback and the share price shot up to USD5.23 now, what will the share price be when its utilize 100% (USD500M)??"

1) HongKongLand: Invested more than USD100k into this stock

2) Added: HongKong Land USD (Aug 2020)

3) Added: HongKong Land USD (May 2020)

4) Added: HongKong Land USD (Mar 2020)

5) Added: HongKong Land USD (Feb 2020)

6) Added: HongKong Land USD (Crisis is also a time of opportunity)

7) Added: HongKong Land USD (Aug 2019)