Author: KPO and CZM

StashAway – May 2019

We are planning to do something most would not even think of (at our age) and will be making some changes to our investment for StashAway. Hint hint: we will stop contributing to CZM’s SRS account and her StashAway from this month onwards. Make a guess? I am also going to simplify the monthly update going forward because it is becoming more time consuming and considering that StocksCafe can do most of the work/tracking now. Anyway, we have 3 portfolios on 2 accounts now due to our new strategy – New Strategy: StashAway + Supplementary Retirement Scheme (SRS):KPO and CZM...

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Expenses – April 2019

I blogged about our BTO HDB Key Collection & Door Opening Ceremony and it caused our expenses for the month to shoot up significantly. Current Profile: 29 years couple who got married recently but staying separately with our own parents while waiting for the BTO project to be completed this year. Our total expenses were $30,027.34! The breakdown would be as follows: KPO Expense Fund (our common fund): $1,023.73 KPO: $16,071.79 CZM: $12,931.82 See! Watson again. lol. House Both the Loan (the next 5% downpayment) and Home Protection Scheme (HPS) were paid using our CPF OA as well as the town council Service &...

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Next Goal – Star Alliance Round the World (RTW) in Business Class!

3 years ago, we made the switch from collecting cashback to accumulating miles when I was first introduced to Milelion by a colleague. I then went on to convince CZM and trained her vigorously on when to use the correct credit card for payment. lol. She still complains to her friends and colleagues about it till today. Snapshot of our KrisFlyer miles collection as of 5th June 2019 Our KrisFlyer miles collection has already exceeded our 2018 Net Worth. I guess we should consider changing our goal to become a millionaire in miles instead since it is a lot easier to achieve....

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Portfolio – May 2019

Our $400k portfolio happiness was short-lived (~2 months) due to the trade war that is still ongoing… We did not buy/sell any stocks because we are still saving up for the renovation of our new house. Our portfolio decrease by 4.37% to $392,934 – $2,272.50 of capital withdrawal and $15,665.94 of capital loss. The one in blue is the StashAway portfolio, green is SGX and the total is in black. If you prefer to look at numbers, this is the raw data used to generate the above bar graph. These numbers are as of the last day of the month. “Cash Flow” is the amount of money being injected/withdrawn from the portfolio...

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StashAway – April 2019

Clearing overdue post after vacation… You can read how one of our Prada bags got stolen without our knowledge here. My mum and sister did some research and showed me how easy it is to unlock the luggage last night. Anyway, we have 3 portfolios on 2 accounts now due to our new strategy – New Strategy: StashAway + Supplementary Retirement Scheme (SRS):KPO and CZM Cash – StashAway Risk Index 20% KPO SRS – StashAway Risk Index 13% CZM SRS – StashAway Risk Index 13% 1. PORTFOLIO SUMMARY (as of the last day of the month) KPO CZM Based on the statement (30...

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Portfolio – April 2019

Long overdue post because I was on vacation! Just came back from a Europe Trip with my family a few days ago. It was nice to be able to spend time and travel with my parents (it has been a long long time since we travelled overseas). Unfortunately, the trip was not perfect because Europe just isn’t safe. We bought a Prada handbag (Euro $630 = ~S$945) at Designer Outlet Parndorf on day 6, kept it in the luggage (locked whenever we leave the room or on the tour bus). We were trying to repack the night before our flight...

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BTO HDB Key Collection & Door Opening Ceremony

Yay, we have finally collected the key to our BTO HDB after waiting for around 4 years! Let me share what was the process like and the things we did to prepare for it! 1. When the time is right, you will receive an SMS/email from HDB. SMS came first 2. Logged on to HDB to retrieve your Letter of Appointment. It looks something like this. Under normal circumstances, one would not need to prepare so much cash on the appointment date. Ours was so high because we applied for the BTO many years back when we were on...

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IPO – ARA US Hospitality Trust VS Eagle Hospitality Trust

I usually don’t look at stocks/REITs in overseas currency but given how the yield of the local REITs have been compressed (~4/5%+). I took a quick look at these 2 US hospitality trust. ARA US Hospitality TrustThere are 38 hotels/properties, 4,950 rooms by Hyatt (Hyatt Place and Hyatt House). Offering Price: US$0.88NAV: US$0.86PB: 1.02 Estimated/Forecast Dividend Yield for 2019: 8.0%Estimated/Forecast Dividend Yield for 2020: 8.2%Gearing: 35.9% Closing date and time for the Singapore Public Offer: 7 May 2019, 12pm The revenue was lower for FY2016 due to the disruptions from renovations while the decrease in FY2018 was due to...

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Expenses – March 2019

We went to the first Southeast Asia Pokemon Safari event in Sentosa and CZM managed to catch a shiny Lapras! KPO was not as lucky :'( A post shared by KPO & CZM (@kpo_and_czm) on Apr 21, 2019 at 4:49am PDT Current Profile: 29 years couple who got married recently but staying separately with our own parents while waiting for the BTO project to be completed this year. Our total expenses were $6,954.84! The breakdown would be as follows: KPO Expense Fund (our common fund): $3,383.45 KPO: $2,576.78 CZM: $994.61 VacationVacation continues to be our biggest expense. We will be travelling to the USA/Canada due to Cathay...

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StashAway – March 2019

Yay! Long weekend! Happy Good Friday and Easter everyone! We will be going to the pokemon event in Sentosa tomorrow. Will you be there too? Hahaha. Anyway, we have 3 portfolios now due to our new strategy – New Strategy: StashAway + Supplementary Retirement Scheme (SRS):KPO and CZM Cash – StashAway Risk Index 20% KPO SRS – StashAway Risk Index 13% CZM SRS – StashAway Risk Index 13% 1. PORTFOLIO SUMMARY (as of the last day of the month) KPO CZM Based on the statement (28 February 2019), KPO made $371.11 and CZM made $12.04. KPO CZM As of 19 April 2019, the market has recovered...

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Whole Life Insurance – Do We Really Need Them?

A few weeks ago, a friend approached me and asked for my advice on a whole life insurance plan that his agent tried to sell him. He is not finance/investment savvy so as much as I would like to tell him to “buy term insurance and invest the rest”, it is definitely not something he is going to be comfortable with. Another reason why he is more interested in whole life as compared to term insurance is that he wants the cash value that comes with it. Majority of the people want something back after paying all those premium for many...

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Another Bad Deal – Merger of OUE Commercial REIT & OUE Hospitality Trust

An announcement was recently made on the merger of OUE Commercial REIT and OUE Hospitality Trust. I took a look and realized how the merger is a bad deal for both the existing shareholders. In addition, this happened after the OUE Commercial REIT rights issue less than a year ago – OUE Commercial REIT Rights Issue – Very Very Very Bad Deal which meant a double blow for OUE Commercial REIT shareholders. OUE Hospitality Trust shareholders will be receiving $0.04075 cash + 1.3583 new OUE Commercial REIT shares for every existing OUE Hospitality Trust share. Let’s look at the numbers to see why I deemed...

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Honeymoon to the United States – 5 Days 4 Nights in Las Vegas and Grand Canyon

Continued from our previous post – Honeymoon to the United States – 3 Days 2 Nights in Los Angeles and finally, we have reached the final part to our honeymoon, Las Vegas and Grand Canyon! Day 12Expectation:8:00AM: Drive down to Las Vegas2:00PM: Visit Las Vegas casinos along the Strip6:00PM: Visit Hell’s Kitchen, Las Vegas Reality: Las Vegas is approximately 435km away from Los Angeles. We checked out of our hotel in Los Angeles at around 10am and it took us 5 hours to reach Westgate Las Vegas Resort & Casino, our hotel at Vegas. Our accommodation at Vegas is probably...

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KPO’s Credit Report by Credit Bureau Singapore

This is one of the many posts that was sitting in draft mode for a long long time. Taken from Credit Bureau Singapore – What Is A Credit Score? Firstly, what is a credit score? It is a number used by lenders as an indicator of how likely an individual is to repay his debts and the probability of going into default. It is an independent assessment of the individual’s risk as a credit applicant. This will affect your credit card application, mortgage/home loan, etc. You can refer to the detailed explanation from our Credit Bureau. Next, how do I find...

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Portfolio – March 2019

We have hit a new high/milestone this month with a portfolio of $400k! Technically, we can sell off all our shares now, pay for our 4 room BTO and we will be debt free. lol. Of course not, we will never do that and I have blogged about it previously – Chiong Housing Loan or Take It Slow? Our portfolio increase by 5.38% to $400,263 – $1,469.57 of capital withdrawal and $21,919.17 of capital gain. The one in blue is the StashAway portfolio, green is SGX and the total is in black. If you prefer to look at numbers, this is the raw data used to generate the above bar graph. These numbers...

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