Category: SRS Fund
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The SRS Fund Nov 2023 Update
Despite the Federal Reserve hawish stance on interest rate the month of Novemeber brings about a roller coaster ride on yield. First US 10 year bond yield touch 5% then very quickly reversed plunging quickly as data suggest a winning war against inflation.
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The SRS Fund Oct 2023 Update
If there is one particular month to deploy cash this would be the month. The SRS Fund was not spared as the traditional blood-letting month lived up to its name bringing the funds back into slide negative territory for the year.
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The SRS Fund Sep 2023 Update
September was a rather non-eventful month in the stock market. However, I have continued to optimise the SRS Fund in its transition from a finance and REIT-heavy fund to an all-weather fund with less volatility.
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Why is it worth topping up to SRS
Two sure things one cannot avoid in life, Death & Taxes. While avoiding both remains futile, we can try to live a longer life and pay less taxes. The SRS now allows for contributions of up to $15,300 for annual tax relief. However, 50% of SRS withdrawal is also taxed at the then prevailing tax…
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The SRS Fund Aug 2023 Update
In 2022 I made a decision to cease contribution to the SRS Fund in order to avoid paying any taxes upon withdrawal. I was wrong and short sighted for that matter.
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The SRS Fund Jul 2023 Update
Recently I decided to made some changes and separate my monthly article with the SRS Fund update. This change enable me to better focus on the fund itself as well as the underlying companies.
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The Revenge Travel Boom
When Covid hit major economies in 2020 a group of companies like the FANNGs got a major boost due to the physical lock down of cities all over the world.
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Worst Investment Ever
I made this investment at the stage when the biggest mainland property firm China Evergrande defaulted on its offshore debt. From then on the property sector took a dive bringing many property related companies stock to new lows. Sensing an opportunity I did some research and zoom in on this company called Sunac.
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The Banking Crisis
What a difference a month make. This March we watch the banking crisis unfolded as something finally broke after long periods of interest rate increases. Both the casualties Silicon Valley Bank SVB and Credit Suisse are not technically close but their shareholders had been truly wiped out without a doubt. With this turn of event…
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The Invisible Hand
February is the month the Singapore national budget is tabled, discussed and debated. It totalled over more than a $100b of spending including in defence, healthcare, education and more. Using a population of about 5 million, the spending works out to be a cool sum of $20,000 per head for the year.
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