Portfolio (June 30th, 2019)

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Fund injection
Total cash injection and dividend reinvested: S$17,000.00

Transaction for this month

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Portfolio Summary

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Profit & Loss (CDP Account)

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Profit & Loss (Margin Account)

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Practice the knowledge learnt from Chris’ Early Retirement Masterclass

I have been doing stock investment for more than 10 years. Since end of last year, I realised that I need more systematic way of investment to achieve the goal of “Financial Independence, Retire Early” (F.I.R.E.).

I have been long time reader of Christopher Ng Wai Chung’s blog treeofprosperity. I am quite agree with his quantitative investment approach.

I attended his free Early Retirement Workshop and Early Retirement Masterclass organised by Dr Wealth end of last year and this year respectively.


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I applied a new Margin Account in Maybank last December, it took more than one month to get everything ready.

For this margin account, I strictly follow one of Chris’ REIT Strategy (Chris provides several strategies based on different asset class and personal preference). I can not reveal too much because it is paid content, but some principles are openly published in Chris’ blog:
– Equal share (In my case, S$10,000 for each REIT)
– Low gearing
– High dividend
– Leverage ratio less than 2

It has been 6 months, here is a quick summary: total S$44,000 fund injected, generated net profit of S$7,600 including dividend. That is 7600 / 44000 = 17% returns in 6 months.

The stellar return is due to exceptional bull run of SREIT, I don’t expect this to happen again. For long term, I believe 8% annual return is more sustainable. I intent to share the progress in this blog on monthly basis.

Below is screenshot from Maybank Portal (click to see original full-sized image):
Transaction history
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Profit & Lost
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Account Summary
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Since maybank will increase margin financing cost from 3.28% to 3.5%, and REIT price are too much elevated, I intent to deleverage by temporarily stop buying and only inject fund to reducing margin debt.

In review, Chris’ Early Retirement Masterclass is suitable for both newbies and seasoned investors. The training material can save students thousands of hours to read and digest from sea of investment materials. There is no much jargons, easy for student to follow.

For me, the best parts I like is the various investment strategies that backtested by Chris, and the facebook group where Chris share the latest lecture materials, stocks selected by each batch of students and portfolio reviews.

For last several weeks I did some academic research on Chris’ invest strategy, may share later.

Portfolio (April 30th, 2019)

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Portfolio Summary
Total cash injection and dividend reinvested: S$17,500.00

Transaction for this month:
April 3, 2019: Buy Keppel infra Trust 20,000 shares at S$0.46. Total amount S$9,231
April 4, 2019: Buy Keppel infra Trust 21,000 shares at S$0.46. Total amount S$9,692
April 19, 2019: Buy Cache Logistics Trust 14,000 shares at S$0.705. Total amount S$9,903
April 25, 2019: Buy Suntec Trust 5,000 shares at S$1.85. Total amount S$9,281
April 30, 2019: Buy Manulife Trust 8,000 shares at US$0.86. Total amount S$9,388
April 30, 2019: Sell Starhill Global Trust 13,000 shares at S$0.755. Total amount S$9,782


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Profit & Loss (CDP Account)

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Profit & Loss (Margin Account)

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Global REITs Statistics (March 2019)

REITWatch is a monthly statistical publication intended to provide a snapshot of the REIT industry. It includes data derived from the FTSE Nareit U.S. Real Estate Index Series and the FTSE/EPRA Nareit Global Real Estate Index Series in addition to tracking the performance of individual REITs.

Data below is from REITWatch March edition.
https://www.reit.com/sites/default/files/reitwatch/RW1903.pdf

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Continue reading “Global REITs Statistics (March 2019)”

Margin Call Table

It is quick lookup table to know your current margin position can tolerate how much market crash without trigger margin call.

In a summary:
100% margin financing able to sustain 30% market value loss without trigger margin call;
70% margin financing able to sustain 40% market value loss without trigger margin call.

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