Thursday, January 4, 2018

December 2017 - Low Cost Portfolio Scorecard

The year 2017 finally came to a close and it's the time again to look back and review how the portfolio was doing. Total portfolio value was $505,296.85 at the beginning of the year and it ended at $642,482.65 in December. Total fresh fund injected was $88,000 and total profit for the year was $49,185.80 including the dividends received. YTD return was 8.29%, XIRR YTD was 8.89%, and XIRR since inception was 7.49%.

Nothing to shout about the portfolio return when a number of blogger investors were making double digit percentage return in 2017. However, I personally was satisfied with the portfolio performance as my goal was never to achieve the highest return in the shortest time frame. Instead, I was aiming for:
1. Capital preservation
2. Consistent return of 4% and above in the long run.
With equity allocation at 41.47% and bond/cash allocation at 58.53%, I can sleep well even if global stock markets were crashing by 50% when I wake up tomorrow. Indeed when I was on 2 week vacation in early December, I didn't even bother to look at the market fluctuation.

After selling off Venture Manufacturing in November, GLP proposed privatisation was finally decided too. It looks like my equity allocation will be reduced further with this "force" selling. I feel there is still a lot of potential in GLP, so it's with a mixed feeling I accepted the privatisation offer at $3.38 per share. I received $505.56 in dividends in December 2017, which brought total dividends in 2017 to $10,266.70.

DateSecurities NameFCYSGD
5-Dec-2017SIA40.00 40.00
18-Dec-2017Chow Tai Fook (HKD)662.59 113.77
21-Dec-2017Capitaland Retail China Trust226.78 226.78
22-Dec-2017Royal Dutch Shell PLC-B (GBP)30.92 55.42
26-Dec-2017BP PLC (GBP)38.85 69.59 

Link to Yaruzi's low cost portfolio as of December 2017


  1. Yaruzi,

    If you can continue to add in fresh funds of $90K per year, in 5 years' time, you'll have a million dollar portfolio :)

    Hmm... At $90K per year with stay-at-home wife with 2 kids, that means you're the more "successful" engineer.

    "Engineer"? You have humility!

    1. SMOL, if only life can be predictable and I can consistently save that much every year, I wouldn’t trouble myself learning investing, would I?

      Then He spoke a parable to them, saying: “The ground of a certain rich man yielded plentifully. And he thought within himself, saying, ‘What shall I do, since I have no room to store my crops?’ So he said, ‘I will do this: I will pull down my barns and build greater, and there I will store all my crops and my goods. And I will say to my soul, “Soul, you have many goods laid up for many years; take your ease; eat, drink, and be merry.”’ But God said to him, ‘Fool! This night your soul will be required of you; then whose will those things be which you have provided?’

      “So is he who lays up treasure for himself, and is not rich toward God.”

    2. Yaruzi,

      Ah! That's where the source of your humility springs from ;)

      Let's not forget the Parable of the Rich fool!

      And he said to them, “Take care, and be on your guard against all covetousness, for one’s life does not consist in the abundance of his possessions.”

      Peace be with you!

    3. Desiring to be the best engineer or in any other profession is our decisison. Being the more “successful” or “luckier” ones are heaven’s provision.