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- - Portfolio Transactions (April 2023)
 

Updates for my Portfolio for April 2023

The CPF OA+SA funds + LiveSG credits (totaling of 5.5k) has finally been credited from the completion of my National Service Reservist obligations. All of it has been swiftly transferred into my CPF SA including the LiveSG credits (via PayNow QR). Note that the LiveSG credits is taxable so I figured the best way to game it would be to put into the SA to avoid tax plus get more compounding out of it. This sum would be about 1 year of CPF contributions and would allow me to shorten the time to hit the FRS by 1 year (13 years after the topup).
 
I also pumped quite a bit from my CPF OA into a China focused fund into Endowus too. Waiting for chance to accumulate more Singapore bank shares on the side.

I recently did some calculations regarding my own monthly cashflow and the loss of shift allowances are just really painful. Really need to take advantage of the extra bandwidth to work on side hustles.

For the one that I have been working a long time, I seem to have found another supplier and is working to see if it is consistent by running some characterisation.

  • Sell DigiCore REIT at 0.465 (Loss)
    • Reasons/Notes
      • I am very concerned about their major tenant having financial issues and some management movement. A good read can be found at a fellow blogger's post for the former here and the latter here.
      • As of present, I would really not like to have another Eagle incident on my hands so I decided to be conservative and cut. It should have been sooner.
      • If it gets kinda better again, I could add it back.
      • We can see a general weakness of data centre REITs across so the ride isn't gonna be smooth either.
      • Other US REITs are having issues too, one would be Manulife REIT. I hope this doesn't continue the paradigm that foreign REITs tend to be bad.
That's all for my money for now.
 
That being said, I see the market is slowing yet nothing really feels cheap. HK still feels that there are counters that are kinda cheap but I am still very worried about running out of cash though. I can't add anymore GAPack now that prices have run up. Hope to see more opportunities soon.
 
I have place a small % of my net worth in crypto-assets.
 

Conclusion

My portfolio YTD is now 40.99% (not that representative yet), with the long term XIRR at -7.23%. Hopefully, the rest of 2023 is much better.

 
 
 
 

 

 

Thanks to my recent bonus, my cash position is currently at about 11%. Will continue wait for my cash position to accumulate while waiting. Let's hope I can get my numbers back on track.

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