Tuesday, November 30, 2021

Portfolio Summary for November 2021

As of 30 November 2021

CDP

Security# sharesPrice S$%
DBS70029.877.22
OCBC Bank1,50010.985.69
SGX1,2008.933.70
SATS3,9003.805.12
ST Engineering4,1003.815.40
CapitaLand Invest5,4003.366.27
Singtel6,1002.475.02
Powermatic Data5,0002.915.03
Micro-Mechanics1,3003.201.44
ComfortDelGro11,2001.375.30
Sheng Siong13,0001.466.56
Genting Singapore11,7000.773.11
TheHourGlass15,4002.1611.49
HRnetGroup21,9000.7956.01
China Sunsine31,0000.495.25
HC Surgical35,5000.576.99
Silverlake Axis60,8000.2855.99
Kimly27,0000.4153.87
CL Int Com Trust8352.110.61
Portfolio Value = $289,513

Trade Actions
- Bought 3,300 shares of ComfortDelGro Group.

SRS

Security# sharesPrice S$%
OCBC Bank90010.9813.10
SGX1,3008.9315.39
SATS2,2003.8011.08
ST Engineering1,7003.818.58
Singtel2,0002.366.26
ComfortDelGro3,3001.375.99
Sheng Siong8,7001.4616.83
HC Surgical19,5000.5714.73
Silverlake Axis21,3000.2858.05
Portfolio Value = $75,457

Trade Actions
- Bought 3,300 shares of ComfortDelGro Group.

Commentary:
News of the Omicron variant of COVID-19 virus spooked investors worldwide at the end of the month. I took the opportunity to take a small bite of ComfortDelGro Group as its price sailed lower...only to see it tank even further after the news. Sigh. That just goes to show how volatile the stock market is these days.

It should have been a good year for most investors. The S&P 500 Index has soared an admirable 24 percent year-to-date. Even our local Straits Times Index has done well, having risen nearly 10 percent YTD. It is unlikely we will see major price (mood?) swings in December, but in the event opportunity knocks, I have my dry powder ready for deployment into the stock market.

December also marks the time of the year when I experience HUGE cash outflows. Firstly, there is the premium due for my son's endowment plan. Thankfully, this is the last instalment, which means the money vested will start to roll on its own until my son hits university age. I will not have to worry too much about the enrolment fee.

Then, there is the CPF Retirement Sum Topping-Up (RSTU). I do this every year to grow my CPF funds at a good interest rate while earning some income tax relief at the same time. Lastly, there is the topping-up of my Supplementary Retirement Scheme (SRS) account. This is another method I use to grow my retirement fund tax-free. My company also does a 50% matching of my SRS contribution up to a certain amount, so it is like an annual bonus.

Looking ahead, the Omicron variant threatens to rock the boat for every person, business and country again. It has been two years since the first appearance of the COVID-19 virus, and now it looks like a neverending war. Mask wearing has become an essential part of everyday life. I can only hope for the day when we no longer have to live under the shadow of the pandemic.

Enough of the sad stuff. Have a jolly Christmas, my friends!




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