Author: KPO and CZM

Expenses – January 2019

We received an email from HDB that our house will be ready soon and the email states that we can collect the keys around May! Taken from Qanvast – https://qanvast.com/sg/interior-designers/voila-45 CZM spent a lot of time designing the house (something like the above)/floor plan using ppt and we sent out to a bunch of IDs for quotation. Some of the quotations we got were around 50-70k. Faints! As mentioned previously, I will be tracking our total expenses as a married couple starting this year. I can foresee that our expenses for this year will be the highest ever due to...

Find Out More

REITs Ladder

I previously blogged about how one can achieve higher interest for the DBS Multiplier account and introduced the concept of a bond ladder – DBS Multiplier + SSBs + Joint Account = Higher Interest! Do take a look if you are looking for a relatively high savings account with a low hurdle (no minimum credit card spending required!). A quick recap on a bond ladder – It is an investment strategy to generate passive income at regular intervals. Passive income – who doesn’t love them? Using Singapore Savings Bonds (SSB) as an example, each SSB pays out interests every 6 months....

Find Out More

Portfolio – February 2019

Everyone has their “poison” and mine happened to be electronic gadgets >.<” Went to the IT fair over the weekend and bought a NAS (Network Attached Storage). If you have no idea what is that, it is very normal. CZM does not understand why am I spending so much money on it too. lol. Synology DS918+ with 8GB RAM 4 x 3 TB Seagate IronWolf NAS Hard Drives Guess the total price? Shall reveal it at the end of the post. Haha. This is probably going to be one of the longest portfolio updates because there were lots of transactions so...

Find Out More

StashAway – January 2019

This is a long overdue post! February passed by so quickly (our first CNY as husband and wife + fell damn sick) and we just came back from our Mini-Moon in Bali (3 days 2 nights) last weekend. After this, there is still our expenses report and it is taking me a much longer time because I am trying to track CZM’s expenses too. Hahahaha. Our monthly update will be different because of our new strategy – New Strategy: StashAway + Supplementary Retirement Scheme (SRS) and we have 3 portfolios now:KPO and CZM Cash – StashAway Risk Index 20% KPO SRS...

Find Out More

Honeymoon to the United States – 3 Days 2 Nights in Los Angeles

Continued from our previous post – Honeymoon to the United States – 2 Days 2 Nights in Silicon Valley and Cambria Day 10Expectation:9:00AM – Check out Four Points by Sheraton Anaheim9:30AM – DISNEYLAND checked10:00PM – Check in Redac Gateway Hotel in Torrance Reality: We woke up early to cook Maggie in the hotel as there was no free breakfast at Four Points :( It certainly did not help when there is no hot water boiler in the hotel room. We had to make a trip to the restaurant at the hotel to ask for hot water. After we are done with...

Find Out More

Lion-Phillip S-REIT ETF – High Cost and Low Yield

About a year ago, we made the decision to invest $1,000 every month on Lion-Phillip S-REIT ETF after it was announced in the Singapore Budget 2018 that REIT ETFs will be able to enjoy tax transparency (withholding tax of 17%) – New Singapore Budget, New REIT Strategy! We have sold all 12,000 units of Lion-Phillip S-REIT ETF after doing a review and concluded that it is unable to meet our target dividend yield of 5%. After holding it for 300+ days and including all the dividends collected, the total annualized return should be around ~7-10%. Seems like there is a bug with the computation...

Find Out More

Honeymoon to the United States – 2 Days 2 Nights in Silicon Valley and Cambria

Continued from our previous post – Honeymoon to the United States – 3 Days 2 Nights in Yosemite In my previous post, I mentioned that we were travelling from Yosemite down to Silicon Valley. We managed to get a suite at Corporate Inn Sunnyvale at SG$170+, inclusive of breakfast! Standing at 39 sq meters, this was by far the largest and most luxurious accommodation we stayed in the US. It comes with a living room, bedroom, huge bathroom, and even a makeup corner. By the time we checked in to our accommodation, it was already dark. We decided to visit...

Find Out More

Unethical SingPost

We made our first transactions for the year and you might have guessed it based on the title of the post. After holding it for 512 days (~1+ years) and including all the dividends collected, the total return is -26.3% and the annualized return is -19.5%. CZM has been sharing lots of news on SingPost and insisted that we should sell SingPost. You know – happy wife, happy life. – SingPost apologises after getting caught trying to trick man who paid S$7,000 to distribute flyers– SingPost fined S$100,000 for not delivering mail on time in 2017– Mechanical fault caused letterboxes to be...

Find Out More

Portfolio – January 2019

Happy Chinese New Year everyone! This is our first CNY and we are no longer on the receiving end. From additional small “income” to huge expense that we got to incur yearly :( We were also debating who should be the one giving out (based on my observation, it is always the “mother/aunt” giving out). lol. On the bright side, the market has recovered so much that we would have met our target based on this month portfolio – Portfolio Performance in 2018. Our portfolio increase by 6.70% to $376,381 – $728.00 of capital injection and (surprise, surprise!) $22,908.40 of capital gain. The one in blue is the StashAway portfolio, green is SGX and the total...

Find Out More

StashAway – December 2018

Do take a look at our New Strategy: StashAway + Supplementary Retirement Scheme (SRS) which was pretty timely as I will be in the 11.5% income tax bracket for the year 2019 after receiving my new compensation/salary! 1. ACCOUNT SUMMARY (as of the last day of the month) Based on the statement (31 December 2018), we lost $451.42. As of 30 January 2019, the market has recovered quite a bit and the total return became -$75.42. We lost -$90.25 from investment returns with a currency impact of  $14.83. 2. PORTFOLIO DETAILS  3. TRANSACTIONS I realized that there was a USD to SGD conversion. I always had the impression that since 1%...

Find Out More

Honeymoon to the United States – Total Expenses

The initial plan was to let CZM finish all her itinerary posts first before ending it with the big question – how much did we spend in total? Unfortunately, CZM is getting busier with her work so I shall share the total expenses for the honeymoon trip first. A quick recap – we spent 15 nights 15 days in the United States and 1 day (~7/8 hours) in Japan during the layover. Transport Surprise, surprise. This was actually our highest expense. We rented a Mercedes Benz Convertible for about $2k. The rest of the expenses were fuel, subway, coach/buses, and...

Find Out More

Expenses – December 2018

It has been a very sad and dramatic week for many especially the family. It is extremely difficult to come to terms with death when it happens so suddenly and even more so for the parents (白发人送黑发人 – to see one’s child die before oneself). RIP Aloysius Pang. I am lagging in some of my updates, shall try to publish them before the month ends! Current Profile: 28 years old male who got married recently and is still living with his parents. Staying separately with his wife while waiting for the BTO project to be completed this year. You...

Find Out More

Honeymoon to the United States – 3 Days 2 Nights in Yosemite

Continued from our previous post – Honeymoon to the United States – 2 Days 2 Nights in San Francisco Day 5 7:00AM – Free buffet breakfast at hotel :) checked 8:00AM – Collection of car rental at Hertz checked 2:00PM – Miners Inn at Mariposa checked 2:30PM – Lunch at nearby vicinity checked 3:00PM – Yosemite National Park skipped 7:00PM – Dinner checked 8:00PM – Stargazing at Sentinel Dome, Yosemite National Park checked Reality: Woke up feeling super excited that we can finally eat buffet breakfast! The buffet spread at the Park Central hotel was good – there was free flow smoke salmon! Feeling satisfied...

Find Out More

KPO’s Salary 2018

Another year has passed since I got promoted with a ridiculously huge (>20%) increment which I blogged about here – Salary – You Are Your Best Investment. I was given my new compensation package last week and it was still pretty decent (exceeded our expectation of 5% yearly). Monthly/Annual salary increases by 8.6% while the bonus remains the same in terms of the amount but decreases when converted to the typical measure of x number of months (1.4 months vs 1.71 months). Sounds like some mathematical problem sum? lol.With that, I have unlocked another achievement – a tiny step...

Find Out More

Honeymoon to the United States – 2 Days 2 Nights in San Francisco

Continued from our previous post – Honeymoon to the United States – 3 Days 2 Nights in New York We took the domestic Alaska flight from EWR airport to San Francisco. Guess what, the flight duration from NY to SF is more than 6 hours! That’s enough for us to fly from Singapore to Japan? I didn’t know America is so huge (okay I am a sua ku). Thankfully, due to the time difference between NY and SF, we managed to “fly back in time” and reached SF around 10pm. We checked in at the nearby Four Points by...

Find Out More

Like us on Facebook

Follow us on Twitter


Recent Comments