Share 16%
My US portfolio is performing better than SG portfolio. This reaffirms my direction - focus capital gain from US stocks, cash flow from SG stocks.
- Sold Uber with small capital gain.
Warchest 29%
Warchest to Shares ratio - 66:34.
Warchest is earning min interest (avg 1.2%), resulted in interest loss vs bank loan (1.8% - 1.2%) and imply I do not maximize my cash on hand.
How can I better deploy my Warchest to reduce/ eliminate interest loss?
Actions taken in May
- Signed up for Singlife insurance - with 1st $10k earns 2.5%.
- Partial refund $10k to CPF OA for cash used for property.
Plan:
- Increase my SG share investment - target: DBS, OCBC & UOB.
SRS 4%
Invested in Singapore saving bond with min interest earned (~1%).
Plan to invest in shares - DSB, OCBC & UOB .
CPF 23%
OA balance can cover 22 months loan installment.
Emergency fund 13%
Earning interest ~ 2%.
Can cover > 2 years living costs if something go wrong. This should be furthered reduced to 1 year.
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