Sunday, 29 March 2020

March 2020 Portfolio and Dividends Update

March 2020 has been a horrible month, with Covid-19 continuing it's damages, my portfolio dropped by 25%. With no extra funds this month due to the payment of my saving plan, only the FSMone regular savings plan is in place.

I am pretty glad that I started this regular savings plan end of last year, as it ensures I am still buying in when it is low. Without this, I might not even be doing any buying.

Read more: Switching from POSB Invest Saver to FSMone ETF RSP

March is my and my mum's birthday month but my mum had to spend her birthday at home as my brother fufills his 14 days SHN and we try to minimise contact with outside. I do feel pretty sad because I wanted to bring my mum out for a good meal on her birthday and I even took leave on 27 Mar, although now there is no need to as we will spend the day together too but at home.

In the end, yesterday, we ordered delivery and had a good meal at home. It was quite nice and even my mum's friend ordered delivery to surprise her so we have a surplus of food.

Read more: Turning 25 - Milestones and what's to come? - Part 1

There is a lot of adjusting due to the Covid-19, we haven't been to our grandmother's place for almost 3 weeks and we do intend to not go there anytime soon. My uncle and aunties do still regularly visit them.

For coming April, I will slightly increase the amount for the RSP although not much, I still want to take the opportunity to buy more units while the prices are still considerably low.

For my FSMone portfolio in March, 52 units of SPDR STI ETF was bought at a price of $2.8250 and 2.9911 units of Vanguard Total World Stock ETF was bought at a price of USD 69.85



This month, I received dividends from Tai Sin Electric, First REIT and Far East Hospitality Trust totalling about $80.85.

Its nice seeing my dividends increase and I hope continue it.

Final Wrap-up for the month:  

Today, another death from Covid-19 was announced and to be honest, I think it's really a tough time with so many uncertainties, it is very difficult to be happy as news hits everyday about the numbers and how others countries like US and Italy is not able to contain the virus.

I do hope that life can be back to normal and I guess it's really at times like these when you realise how the simple things in life like going out shopping was taken for granted last time.

Even to meet up with friends and families, I do think twice as I know that the more people I meet during this time, the more harm I could be doing because even though we might be healthy, we could still be having the virus in us as we could be asymptomatic. Of course, during this period as my brother is serving his SHN, I haven't met up with any friends or other family members.

I guess working from home has also drained me over the past 2 weeks, I seem to feel more burned out because I work past the timing and taking up a side project in my work is showing the incompetence of me as the other members of my team are able to analyse and do their work at a much faster pace.  

Monday, 23 March 2020

COVID-19 Updates

It was inevitable, the first 2 deaths from COVID-19 has happened. Singapore has been well-prepared for all of what was happening but the virus is really scary in that it spreads fasts and symptoms are not easily detectable as it is quite similar to flu symptoms. Even more so for those with underlying health issues.

The government has now put in place stricter controls where all short term visitors are barred from entering and even transiting in Singapore effective on 23 March 2020, 1159pm. This is due to more imported cases as cases around the world increase in numbers.

For work pass holders, only those who work in essential services like healthcare and transport will be allowed to return. This really means that companies will need to adjust accordingly to the news and be aware of what is being implemented.

The government is very strict on those who do not follow the measures as seen in a recent article where 89 workers are sent back for breaching entry approvals and stay home notices (SHN).

I think what the government has done really serves as a warning to those especially for those who were supposed to be serving their 14 days SHN but went back to work instead. They might think that they are healthy at the moment but because the symptoms does not show up hence they might still be spreading to those who are in close contact to them.

Although we don't know whether the employers told them to report to work or they chose to showed up at work, the government had to do something as a warning. 

I do feel that they might be afraid of not being able to work and their jobs might be jeopardized. But even so, being socially responsible is also something important at this moment.

With the additional measure of barring short term visit passes from entering Singapore, this might help in the overall containment of the virus however with students and Singaporeans coming back from Europe and US the next couple of weeks could mean a higher number of imported cases.

All in all, I am glad our government has done a pretty good job so far in their fight against Covid-19. Stay safe and take care, it will all pass and we will be stronger as one after it ends!

*Update: There have been much more updates today where entertainment venues, bars and enrichment centres will be closed. Imported cases takes up a huge number of the daily numbers so there will also be precautions where UK and US returning Singaporeans will be directly transported to hotels starting from 25 March 2020. 

References: Coronavirus: All short-term visitors barred from entering or transiting in Singapore from Monday, 11.59pm

Covid-19: MOM revokes work passes of 89 workers for breaching entry approval and stay-home notice

Returning Singapore residents from UK, US to serve stay-home notices at hotels

Coronavirus: All entertainment venues in Singapore to close, gatherings outside work and school limited to 10 people