Portfolio 4Q2021 / FY2021 Year End Review and Reflection

Hi readers, 2021 is finally coming to an end and I hope your investing journey had been fruitful. This year has been a significant one for my investing journey - read on to find out!

See: Link to Main Portfolio page

Contents:

1. Portfolio (4Q2021)
2. Transactions and Dividends  
3. Reflections
   
4. Closing Thoughts
   

Portfolio (4Q2021 - 31 December 2021)

(Note: Share price and Forex as at 31 December 2021; Cryptocurrency is volatile and I have rounded down to lowest hundred USD for ease of calculation.)

Performance

Some commentary on my portfolio

• I saw opportunities in adding position to one of my altcoin after a momentary dip caused by hackers attacking BitMart and selling the affected token.
  
• A quarter ago, UMS was carrying the portfolio. Since then, still carrying haha. True to my estimations in my 3Q2021 Portfolio review, UMS was mostly hanging about 1.30 - 1.50, and today it broke 1.50. If it does convincing break up towards 1.60 - 1.80? It'll make me a very happy person.
  
• Very heavy capital injection this year, with the purchase of both Daiwa and Wilmar - but to be frank, Wilmar is more of a multi-week to multi-month trade idea. The capital injection towards buying Wilmar also means that I had injected 2022's capital in advance and I may not be able to inject significant lump sum for year 2022.
  

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Transactions and Dividends 

(a) Transaction Summary

• Bought 10000 units of Daiwa Logistic REIT (SGX: DHLU) at 0.805.
• Bought 2400 units of Wilmar for 4.06 (SGX: F34)
• Bought about 280 USD of cryptocurrencies (after taxation).
  

(b) Dividend Summary

• Received SGD 100 in dividends from UMS in October 2021
• Received SGD 125 in dividends from UMS in December 2021
• Received total of 2500 bonus shares from UMS (it was 1 bonus share for every 4 shares I have)
  

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Reflections

On the Investment Front 

So how did I do for 2021?

Overall, I am pleased to see that in terms of stock investments, the market has been rather kind to me,especially considering half of the UMS I bought was an accident, but I'll take any luck I can get. I am also sitting on small gain on Wilmar at the moment. 

This year was also significant in that I have again broke my previous highest portfolio value record - today it sits just slightly above SGD 40000, and the last time my portfolio hit a high, it was about SGD 30000 and back in 2018 before I liquidated my stock portfolio heavily to buy my home.

Cryptocurrency portfolio is slightly up, getting carried by 2 of my major positions. One thing I am looking forward to in the coming years is how SafeMoon is moving forward not just as a cryptocurrency, but as a tech company - its own Blockchain, involvement in clean energy and beyond. Shitcoin? Memecoin? I don't think so.

Back in 1Q2020, I wrote down my investment in Alita Resources (SGX: 40F) (formerly known as Alliance Minerals Asset Limited). This represents a hefty loss of about SGD 9,800. Motivation certainly took a beating as I also did not have the means to capitalise well on March 2020 crash. I did not state in writing, but I had set a goal towards recovery from the loss within 3 years. I was rather pessimistic that given my investing performance in 2020, this might still not be met.

Fast forward since then, I am thankful I have ended 2021 with combined realised gains and paper gains making up about 80% recovery from this loss, and this is getting me pumped to keep the momentum forward.

Personal

On the personal end, we are counting down to welcoming my baby boy sometime in February 2022. Logistically, we are mostly ready, but the expenditure has been rather heavy, and I do not expect it to let up soon. One worry I have is how to ensure I still have adequate money for investment, or how to expedite portfolio growth without ill discipline.

With the impending addition to the family, I started to think how can I keep at least an acceptable savings rate even with all the expenses acting as the headwind. Seems there are only 2 realistic ways to proceed: Increased salary by way of career progression or jumping industry, and income from trades with effective recycling of capital.

What's Ahead

Thematically, this is what I think may be in focus for year 2022:

• Interest Rate Hikes leading to a positive focus on bank stocks
  
• Continuation of Semiconductor Play
• Beneficiary in relation to Covid-19 (e.g. Moderna)

Closing Thoughts

I got to be honest - my investment journey was pretty much on limbo until this year and I have neglected proper upkeep to my blog, namely the Goals and Milestone section and the Portfolio section. It's high-time I do a clean up of these sections.

Recalibrating my Goals and Milestones, I decide to start up with some goals which should be be too much of a stretch:

• By end-2023 (Age 35): Fully recover from my loss from writing off Alita Resources
  
• Periodical: After 2022, inject at least SGD 9000 excluding dividends and bonus shares into portfolio.
• By end-2033 (Age 45): Portfolio to achieve sustainable dividend of at least SGD 6000 yearly. With a 5% dividend yield, this translate to a portfolio value of SGD 120,000. So within 11 years from today, the portfolio needs to grow by SGD 7300 on average yearly.
  

And when I'm ready, I'll add in stretch goals to once again expedite my march towards Financial Independence. 

Outside of this clean-up, however, I think I will still be keeping current frequency of writing new posts on my blog, maybe give or take a couple of articles outside the usual quarterly portfolio updates.

Covid-19 continues to engulf the world, with Omicron taking the world by storm and may well be the dominant strain next. With countries all over the world looking to open up so economy can recover, all the more we bear the social responsibility to not willfully cause outbreak or worse, clusters and superclusters.

Happy new year to everyone - may your investing journey go well going forward! (I'm ready to kick some ass on my investment efforts.)

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Portfolio - 3Q2021

Hi readers, September came to a close and it's time for my 3Q2021 portfolio update. There's not too much to note other than monitoring the progress of the portfolio, since I didn't make any transaction.

See: Link to Main Portfolio page

Contents:

1. Portfolio (3Q2021)
2. Transactions and Dividends 
   
3. Closing Thoughts
   

Portfolio (3Q2021 - 30 September 2021)

(Note: Share price and Forex as at 30 September 2021; Cryptocurrency is volatile and I have rounded down to lowest ten USD for ease of calculation.)

Performance

Some commentary on my portfolio

• Cryptocurrency Portfolio taking huge hit, but fortunately I'm not heavily vested? I may add more to Safemoon.
  
• UMS is carrying the portfolio - with the impending bonus shares however, I am expecting a temporary drop of UMS price to 1.30 - 1.50 range for a period of time once it goes ex-bonus (XB) on 22th October 2021.
  

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Transactions and Dividends 

(a) Transaction Summary

• No transactions to note.
  

(b) Dividend Summary

• Received SGD 100 in dividends from UMS
• Receive SGD 46 in dividends from Prime US REIT
  

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Closing Thoughts

On the Investment Front

I am preparing to do another round of capital injection and hence adding new position, but still scouting for possibly better opportunities. I have my eyes on only Wilmar so far, especially now that the India JV uncertainty seemed to have cleared up, but hope to instead add tech-sector linked shares.

Read: The Edge Singapore - Wilmar India's JV IPO set back in motion

Personal

On the personal front, firstly, I'm pleased to share that my wife is pregnant with a baby boy and we are expecting him to be due mid-late Feb 2022! With that, comes increased expenses in part to medical check-ups at the gynecologist, buying baby necessities, hospital stay when she gives birth, and confinement. We seem to be generally adequately prepared on the financial end (but hey, can always do better).

Now for the not so good news?

Our family got caught up in COVID-19 panic twice within the month of September itself. Firstly, getting Stay-Home Notice at the start of September due to coming into contact with a confirmed case, and I had to do my best to isolate myself from my wife until I've cleared myself with doing ARTs.

Then a couple of household member staying in the same room caught COVID-19 and now we are serving QO, doing ART daily except on the days when we had or have to do PCR. They have since then been brought to be isolated at hotel and I just done some disinfection of the common area in my home. We are also getting professional disinfection surface once the QO gets lifted. Overall this meant that expenses (Food Delivery, buying additional sanitary items) are increased for the duration of the QO.

I'm keeping my fingers crossed that everyone in my household, including the couple isolated at hotel, end up ok. At least for the past few days, we are negative.

I said this in my 2Q2021 Portfolio update and I'll repeat myself here - I wish my readers good health and to stay safe - COVID-19 situation is far from over, but we can get over this as long as we do our part.

Take care all!

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Portfolio - 2Q2021

Hi readers, hope you are doing ok or better, given the situation regarding COVID-19 remains elevated since blowing up in May 2021. I think it is also amazing that we are already past 1st half of 2021. It was quite hectic due to work commitments up until very recently - so I get just a bit of breather to slow down my work tempo for the time being.

From this portfolio update onwards, I have also revised to show portfolio performance in terms of quarterly update.

See: Link to Main Portfolio page

Contents:

1. Portfolio (2Q2021)
2. Transactions and Dividends 
   
3. Closing Thoughts
   

Portfolio (2Q2021 - 30 June 2021)

(Note: Share price and Forex as at 30 June 2021; Cryptocurrency is volatile and I have rounded down to lowest hundred USD for ease of calculation.)

Performance

Some commentary on my portfolio

• Cryptocurrency Portfolio consists of several altcoins, largely dominated by Safemoon. Currently sitting on a loss after crypto-crash but Safemoon alone is still up about 4x of my initial amount. There was a point Safemoon was up 12x of my initial amount at its ATH.
  
• Learning my lesson from poor risk management and failed investment with Alita Resources, I am making it a point to limit my capital inflow into my cryptocurrencies portfolio, a principal amount of no more than 10% of the rest of my portfolio as listed - if I hit my limit, I don't necessarily have to trim down my cryptocurrencies holding, but my stock portfolio have to grow in order to raise this said limit.
  

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Transactions and Dividends 

(a) Transaction Summary

• Bought cryptocurrencies (About ~USD 700 including gas fees)
  

(b) Dividend Summary

• Received SGD 100 in dividends from UMS (May 2021).
• Expecting to receive SGD 100 in dividends from UMS (July 2021)
  

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Closing Thoughts

On the Investment Front

Second quarter marks a very significant milestone for my investing journey - I made my first foray into cryptocurrencies - specifically a selection of Altcoins, heavily weighed to those with use-cases and useful project, and developers who gives impression they are trustable and can walk the talk.

Safemoon, a new cryptocurrency only launched in late March 2021, deserves a special place among this. They have exceeded expectations with deliverables, the developers doxxing themselves, and the developers having reputable links which will see massive repercussion to themselves if this somehow ends up being a rugpull.

Colour me impressed, to say the least.

There was news of global semiconductor shortage being expected to extend into 2023. This meant that to meet demand, foundries will have to expand their capacity. This means that semiconductor manufacturing equipment should see a revenue increase - and SGX-listed companies such as AEM, UMS, and Frencken will be beneficary of this.

I am also of the view that this trend of increased semiconductor usage will be a long-term growth driver as the world is increasingly transforming to adopt or advance in the age of digitalisation.

(To reiterate - this is my point and is not to be taken as financial and/or investment advice, please DYODD).

Career/Personal

I just got promoted in my company! Truth be told, I was not quite expecting a promotion yet (expecting next year instead), but not too surprised either as I had prior experience in the field.

The extra cash flow from the increment is timely as given my personal situation, however, non-discretionary expenditure will be growing significantly at the same time. I'm keeping it short for now, but I plan to share again down the road.

Also gotten my first jab on Friday - felt groggy for the evening thereafter, but besides a bruised pain in the left arm until today, nothing a good night sleep could not help with.

I wish my readers good health and to stay safe - COVID-19 situation is far from over, but we can get over this.

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Portfolio - 1Q2021

 I am back for the first quarterly portfolio update for 2021!

Time flies by fast when you are busy. Switching back to quarterly reporting was mainly intended due to expected lack of activities in the market, but during the lull, I found this break much needed (although still looking at the market).

Perhaps it is due to feeling disappointment towards my investment progress for the last 2 years? Within the month of January 2021, the shares I sold decided to rocket and I lost out on a gain of over SGD1200. But I'm happy to arrive at where I am as of 1Q2021 - you'll see why when you read the rest of the post. Haha.

See: Link to Main Portfolio page

Contents:

1. Portfolio (1Q2021)
2. Transactions and Dividends 
   
3. Closing Thoughts
   

Portfolio (1Q2021 - 31 March 2021)

(Note: Share price and Forex as at 31 March 2021)

Performance

Some commentary on my portfolio

•  YTD Portfolio value has increased by 13% and that made me feel relieved from missing out gains from old positions that was sold before rally.
  
• I actually only intended to get 5000 units of UMS (SGX: 558) when shares dived to 1.1x, but ended up keying 10000 units when buying from the market. At the same time I was also queuing up to get Wilmar. When I realised the mistake, I quickly removed my queue for Wilmar. This is a blessing in disguise as it started rocketing for the rest of March 2021 (BB buying up?). But all's well that ends well. Luck at play.
  

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Transactions and Dividends 

(a) Transaction Summary

• Bought the following shares March 2020:
• UMS - 10000 units @ 1.170 each.
  

(b) Dividend Summary

• Received SGD 45 in distribution from Prime US REIT
  

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Closing Thoughts

This Blog

I'll continue to maintain quarterly update at the bare minimum. One thing I realised after switching back is I felt less pressured to write. I still want to write about, but I guess I should stop pressuring myself and just write when I feel myself in the mood (save for the quarterly portfolio update).

On the Investment Front

I started off my first step of investing for the year 2021 with my position in UMS and feel pleased I have made progress towards recovering from loss in Alita, luck or otherwise. YTD, portfolio value has increased 13%. (Even more, had I base this portfolio update on 1st April 2021's closing price.)

As I last said in Dec 2020 portfolio update, I am intending to further inject another 9000 throughout 2021. From the way things look, I could be doing the injection during June/July 2021 although an earlier injecting of 5000-6000 during May/June is not ruled out either.

Can I keep this going? Can I aim to etch out at least SGD 10000 in gain within the next 2 years? Let's do this.

Career

No change from previous update here, staying focused project at work and still working (albeit at snail pace) to get myself acquainted in Data Science. Recently gotten some bonus and that helped nudge my savings very close to my 30K target savings.

Personal

There's been another major development here - besides trying for a baby, my Dad is retiring by end of this month (he runs his own business of servicing and installing air-conditioners.). I foresee my siblings (I have 2 elder siblings) and myself topping up allowance. A part of me thinks that some otherworldly force may be compensating for upcoming challenges with my portfolio's increase in value. I got my work cut out now and I need to keep this momentum in growing my portfolio going.

There, I'm done for this update. It's income tax season so remember to do it up! Lastly, wishing everyone a happy long weekend!

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Portfolio - December 2020 / Year-End Reflection

Happy New Year, Readers!

2020 finally came to a close - With the ongoing Covid-19 situation, it was a year unlike any others compared to the years before. Many faced difficulty, be it individual or businesses alike, and if it weren't for government intervention, it could have been far worse. Those that managed to brace themselves and come out stronger.

And there are some who managed to seize the opportunity, in the form of the market crash, to bring their financial target years ahead - well done to those that have had their efforts bore fruit.

In a surprise move, I have decided to liquidate my major positions, leaving only Prime REIT (SGX: OXMU) as my only stockholding.

See: Link to Main Portfolio page

Contents:

1. Portfolio (31 December 2020)
2. Transactions and Dividends 
3. Year End Reflection/Review 
4. Closing Thoughts
   

Portfolio (31 December 2020)

Performance

 

Some commentary on my portfolio

• I managed to barely touch SGD 13000 on my portfolio thanks to the Christmas rally?
• Overall
  

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Transactions and Dividends 

(a) Transaction Summary

• Sold the following on 31 December 2020:
• Fu Yu Corporation: Sold 11000 units at 0.260
• Capital Gain/(Loss): (SGD 332)
• Dividends reduces overall losses to (SGD 173.5)
  
• Lendlease Global Commercial REIT (LREIT)
• Capital Gain/(Loss): (SGD 10)
  
• Wilmar
• Capital Gain/(Loss): SGD 260
  

(b) Dividend Summary

• No new dividend declared or received in the month of December 2020.

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Year-End Reflection

2020 coming to a close also meant it's time for this annual internalisation for the investment year.

What did I do well?

Managing to inject at least 6000 into the portfolio. This year was specially catered for me to build up on my savings to prepare to start a family, so to be able to still inject capital was pleasantly surprising. Having said that, it is still not to the ideal I have in mind. What I really want is to be able to consistently inject SGD at least 12000 yearly which is pretty challenging at my pay grade after having personal committment.

This is more of a consolation, but I am also glad to be close to breakeven after averaging down on and then selling off LREIT to recover from bad positioning in my initial buy last year.

What did I not do well in?

Letting FOMO bite hard when I bought Fu Yu on a high, only to have it not be anywhere near again.

Not seizing the opportunity to buy closer to lows. Big part of this was not having a strong enough conviction (it is painful having fear breathed into you by your loved ones with no experience in the stock market).

Lastly, not being "strict/demanding" enough, and not establishing some methodology with my entry/exit plans in my investment plans. This is probably the root cause behind FOMO on my initial buy on Lendlease REIT / Fu Yu Corp.

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Closing Thoughts

This Blog

Ending it off, I may be going back to the quarterly portfolio update - with these major positions offloaded, I see little point in sharing Portfolio updates.

On the Investment Front

I will remain steadfast and continue my march onwards to recoup my losses from investing in Alita Resource.

First, what is my investment plan for 2021?

To begin, I would like to be able to inject at least an additional SGD 9000 into the portfolio.

Next, it would be to either rebalance my stock portfolio or be able to increase my capital through trades. Where a rebalance is done, it would probably be biased towards positions in stocks that are in semi-conductor manufacturing or tech industry, or otherwise, stocks that will be inherently resilient in the face of Covid-19. Recovery plays will be second priority, and only if the price is right.

Having said that, I will not rule out buying back what I have just sold provided the price is a bargain. The idea is not solid, but I have a watchlist of stocks I am interested in. Selling my major positions now gives me the flexibility to position myself in either way (trades or longer-terms).

Personal/Career

Project is ramping up and I spent half of December with OT, so have been quite exhausted

To be honest, I find my source of income from working not keeping up fast enough with what I have in mind (a few hundreds off monthly). Cost of living is always increasing and if not managed properly, I cannot keep pace with my investment targets. Presently, I'm still some ways off 60K p.a. (an amount that I see as a prerequisite to help me meet the target.)

I will continue my journey to pick up knowledge in Data Science and learning Python in my free time, as well as find opportunity in my present line of work (manufacturing) to apply these knowledge so it also becomes work experience I can put up onto my skillset. Either I continue staying in manufacturing environment but manage it in a way the new skillsets can pivot me towards career progression, or I change my career path altogether.

On a more personal side, the plan is to try to start a family after 1Q2021. I am still trying to figure out how to ensure I can still keep to my investment targets in the years ahead thereafter.

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