It is scary how time flies. It was 3 months since the last updates. Here are some of my thoughts on the SRS portfolio.
The Standard Disclaimer: This is not and should not be taken as a buy/sell recommendation.
Before looking into using SRS to invest, these are some links you should read first before continuing.
Start Here: The $1 SRS Strategy
Basic Knowledge: 5 things you need to know about SRS when you are 40 and older
Your SRS Overseas Retirement Guide: 3 things you need to know about SRS if you plan to leave Singapore
For 40s and above: 10 SRS Investments to Consider Especially if you are 40 and older
Income Tax and SRS: How Much Is My Income Taxes [2021 Edition]
My Thoughts and Consideration
The price for SGX: HST is an ETF which tracks the biggest technology stocks in China seems to be under pressure possibly due to the USA-China trade tensions and also regulatory risk in China. However, business fundamentals have not change. This will remain as a core position in the portfolio. Unfortunately, the portfolio is lagging the US market due to a heavy exposure into this ETF.
SGX: BTOU fundamental numbers to be be quite stable. In the AGM, the management mentioned that tenants are gradually bringing their employees back to office, with the physical occupancy of 13% in Jan 2021 to 20% as of May 2021. Management are also opened to reviewing potential acquisitions across sectors. This could be good news for shareholders if the property is yield accretive. This will continue to be a core position in the portfolio.
New injections into my SRS might happen at the end of 2021. The injection depends on the potential taxable income in 2021. I’m currently looking into a product that is offered by an insurance company. The investment engine sounds great as it focus on value and growth companies which is the objective of my SRS portfolio.
Final Thoughts
Disclaimer: this is not and should not be taken as a buy/sell recommendation. Like what Charlie Munger famously said: the big money is not in the buying or selling.. but in the waiting.
Are you investing your SRS well?
Chengkok is a licensed Financial Services Consultant since 2012. He is an Investment and Critical Illness Specialist. Wealthdojo was created in 2019 to educate and debunk “free financial advice” that was given without context.
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The views and opinions expressed in this publication are those of the author and do not reflect the official policy or position of any other agency, organisation, employer or company. Assumptions made in the analysis are not reflective of the position of any entity other than the author.