Cory Diary : STI the Year you are BORN

With STI Index run up recently. Many people maybe interested.

Below, One Picture speaks a Thousand Words with Dividends. Buy Low Sell High. :-)

Cory
20170402

Cory Diary : Q1'17 Performance

Funding Injection

For the 3 months in 2017, I have injected roughly 30% more into my portfolio which would have been laying low in the banks. This reduced my XIRR YTD as there are no income from the 3 months due to enlarge base. The needed injection provide needed base earning and driving for potential future performance. This left my Cash/FD now comprises 31% of my Net Worth.

Funds are injected in

- Singapore Saving Bonds funds are mainly from idle cash/fixed deposit in saving banks. They will likely my future emergency fund location.

- Reits Oversea Exposure as I still feel Singapore dollars will stay weak for some periods. This has seen good rise in price just recently.

- Five Speculative trades just entered. Each quite a sizable ones. No result yet. Time will tell.

(updated for privacy)


XIRR (Compounded Returns)

Apparently last week of market push up my score a little. However this time I am more interested in other metrics. Over the years I have been injecting funds into SSB, PS and Bonds, naturally my XIRR will lowered. If FD has been included, score would have been worst since their returns are between 1-2% range. I need to understand the overall implication and how I can fully utilize while protecting my asset.

- Correction -
Cumulative XIRR from 2007 Jan to 2017 Mar : 6.7% (Cory Portfolio )
Cumulative XIRR from 2009 Jan to 2017 Mar : 8.4% (Cory Portfolio )

whereas STI Index ( 2007 Peak to 2017 Mar ) barely hits 0.6 %.


Since my portfolio has PS, Bond and SSB, is too much work to extract out trades on them. I decided to do a manual simulation just for the past year on short term performance.

- Correction -
XIRR from 2016 Jan to 2017 Mar  : 7.2% (Cory Portfolio )
XIRR from 2016 Jan to 2017 Mar  : 8.7% (Cory Portfolio excluding Fresh Fund in 2017, PS, Bond and SSB)
XIRR from 2016 Jan to 2017 Mar  : 12.3% (STI Index)

The first 3 months of STI Index records significant gains riding on Banks.

Cheers

Cory
20170402

Cory Diary: Is STI Performance truly understood ?

What is STI Index true performance ? The often quoted is 7% XIRR or so called Compounded which includes dividends distributed. This is achieved if one invest all their money one time exact in the year 2005 low and measured on the final price this month of STI. Yes is about 7%.

The issue is can this be repeated ? That is the catch.

Firstly our money in fund is constantly injected and for some withdraw during the 12 years period.

Secondly, how sure are we the next 12 years will be another 7%. Are we sure we can extrapolates ?

Finally, investment period is critical. Investing in 2005, 2011 and now will yield different STI performance. This can be shown by taking the dividends distributed and using different period of entry.

As you can see above, the Compounded or XIRR are total different on entry year. I am not saying STI ETF is not good. I have some too. But I want to remind myself that, if I started investing in STI in year 2008, you are only earning 0.56% after dividends. Is ALL ABOUT ENTRY TIMING.

So is it good to invest in STI ETF now ? You tell me :P

Cory

2017-03-27