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Investing 2019 Apr ... 3rd, 4th and 5th Purchase for the year

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I did a lot more work doing research on stocks this month than I did last month.

I picked up some stock tips and did my own due diligence on the stocks that I shortlisted, and eventually bought.

My third major purchase for this year was Singtel.  Singtel's overall business has come under some severe attack.  However with its strong balance sheet, excellent free cash flow (2.53 billion) and low gearing of 24.9%, I believe it will be a sleeping behemoth no more in the future.

Beyond the shores of Singapore, Singtel has a presence in India (Bharti Airtel, the number two telco in India), Indonesia (Telkomsel, the number one telco in Indonesia), Philippines (Globe), Thailand (AIS) and Australia (Optus).  Add to these the other segments within Singtel Group, the Group Enterprise and Group Digital Life, Singtel has enough stamina to fight a good fight and win a larger slice of the pie in the industry.  Nevertheless, Singel still faces stiff competition all around, and that might reduce i…

Dimensional Investing and Moneyowl

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Finally dimensional investing is available to retailers!  Via Moneyowl (https://www.moneyowl.com.sg/)

I first read about dimensional fund investing on investingmoats.com.  Kyith has written a very comprehensive, almost scholarly, post on dimensional fund investing (http://investmentmoats.com/money/invest-dimensional-fund-advisors-dfa-funds/).

Dimensional Fund Advisors have a Singapore site (https://sg.dimensional.com/) and needless to say, I checked it out first before taking a look at Moneyowl.  Dimensional Funds are limited to institutions and financial advisors, so there's no way to buy their funds directly from them.  The funds are not available to the public at large.  That's where Moneyowl comes in.

What's so unique about Dimensional Fund Advisors?  Let's hear it from the boys:
"At Dimensional, our investment approach is based on a belief in Markets ... Trusting markets to do what they do best - drive information into prices - frees us to spend time where we…

Eliminating Expenses before Kids started Primary Education

Mr. and Mrs LateMonkey are raising 3 little monkeys.

Prior to them beginning their primary education, we took some rather drastic steps to reduce expenses related to raising them.

With two persons working, money was great when we had our first little monkey ... we had far more than enough for our family of just three.  We placed little monkey #1 first in infant care, and then child care.  However at the end of each working day, we had very little time to spend with our cute little monkey.

What is the point of having children when we can't spend time with them?  It wasn't quality time alone that we were looking for with little monkey; we were also looking for quantity time!

Mrs LateMonkey had a job that gave her much satisfaction; she was at the top of her game; she was earning sufficiently even to support the family should I be rendered jobless.  But she gave everything up when second little monkey arrived.

Did we take long to deliberate on become a single-income family, with …

Being a Sole Breadwinner and the Solo Investor in the Family

Mine is a single income family with me, the husband and father, being the sole breadwinner.

When the pay check arrives, a big portion goes towards family expenses in these categories:

1. Food/Groceries: $600-$800
2. Home/Utilities/Communication: $350-$500
3. Transport: $300
4. Education: $100
5. Insurance: $750
6. Parents: $500
7. Vacation: $500

So my family expenses range between $3100-$3450 per month.  Thanks to a very capable CEO in the family, Mrs Late Monkey, the total monthly family expenses are usually just around $3000.  That leaves a neat sum for investment every month.

1. Food/Groceries

Our family of 5 usually eats at home.  We might eat out at the hawker centres once or twice a week, and once in a long, long while, at a restaurant or fast food joint.  At the start of the day, we spend breakfast time together (very rare for most Singapore families).   Dinner time is again family time when we eat together.  Mrs Late Monkey bakes as well, so we always have cakes, brownies, and…

First Sale: AEM ... 30% gain!

Did a first sale today.  And made a 30% gain.

I bought AEM in Jan @$0.895, and sold it today @$1.19.  I should have sold it last week when the price hit $1.27.  Urgh!

I decided to sell because the profit gained is 19 times the dividend I've received from AEM.  Also, with news of recession in the air these days, I thought I'd better take profit sooner rather than later (although the price might go up tomorrow).  It's OK lah, the price might also go down tomorrow, who knows.  30% gain is very good for me ... I don't want to be greedy, lol.


First Quarter Review 2019

I got into dividend play the last quarter of 2018, and I'm beginning to see some results.  Nothing to cry about but better than nothing.

This quarter the passive income is $677.89, which is more than $448.24, the total amount I got from just ETFs in 2018.

My portfolio performance thus far (XIFF):
ETFs: 1.47%
REITs: 39.94%
Other hand-picked stocks: 32.21%
Total portfolio: 18.41%

This couple of months I've gone "investing-free".  With several holiday trips, work, and monitoring the kids' studies (not contributing to the tuition industry), I didn't have the time to read reports or crunch numbers.  I am on target putting away about 2.5-4k per month for the warchest.  The goal is to be ready when recession hits.

Cutting ties with Auto Robos

As of today, I have divested all my positions with Smartly, Stashaway, and Autowealth.  I made a loss of 2.45% on investment which amounted to a couple of hundreds ($469.50 to be exact).  Boo hoo!  As I learned more about investing, I realised that I don't like their asset allocation, i.e. selection of ETFs, very much.  I'm also not thrilled with my returns being impacted by exchange rate fluctuations.  Long story short, I cashed out and put the money to better use.

Following my new plan, I paid myself $4000 first once I got paid.  Then I bought some units of DBS, OCBC, ST Engineering, and Nikko AM ... pretty boring stuff.  Since there wasn't anything that interested me, I put the rest into my warchest.  I'm upping my readiness for the next recession.