Saving on Transaction Cost : 1st Qtr 2019 vs 1st Qtr 2018



I have done less transaction in 1st Qtr 2019 vs 1st Qtr 2018 although market has gone up much from the low recorded in end of last year  In line other with world stocks market , STI also performed well in 1st Qtr ,up by +8.02% to 3315 as of writing and my portfolio managed to outperformed market by few % points with ROI of +12% YTD, mainly due to better performance from REITs.

Five Best-Performing S-REITs Average 20% Total Return in YTD <from SGX.com>





"In the 2019 year-to-date, the 20 best-performing S-REITs – which have a combined market capitalisation of more than S$60 billion – have averaged a total return of 15.7%. This brings their one-year, three-year and five-year total returns to 10.6%, 37.9%, and 51.7% respectively."


Back to my transaction cost , as market is not really that cheap and moving along regression line couple with worry about "inverted yield curve " which I have blogged about it ( here ).   I simply don't have crystal ball to tell what will happen to market next and will there be a " recession " due to this so called inverted yield curve is anybody's guess.

But since I am more than 80% vested , I am going to just increase my war-chest from whatever dividend I receive in next few quarters. 

In total , my total transaction value dropped from $718K ( 1st Qtr 2018 ) to $173K ( 1st Qtr 2019). My broker will not be happy as I have cost saving of around $1.8K in brokerage/+ others transaction fees , If I just simply take 0.33% as total transaction cost.  :D


How Transaction Costs Can Affect Your Investment Yield < From Dollarsandsense.sg>



It has been quite sometime I didn't update the regression line for world stock markets .


Here it goes ....







 ** HSI performed much better than STI in 1st Qtr 2019 with increased of close to 18% while STI only up by around 8% from the low in Nov 2018.











US market seems having "V"  shape of recovery e.g NASDAQ just 3% away from the peak it achieved in Sep 2018 and upped by 18.2% from it low in end 2018.







** Other European market also doing well with more optimistic in believing that US and China may end the "trade war " , also more "dovish" stand from FED in rising interest rate, some even anticipating "rate cut" in second half of 2019.

But watch out !  Could a "No-deal" or chaotic Brexit  turn out to be another "black swan" event ?


Warnings of chaotic 'no-deal' grow amid UK Brexit deadlock< From Foxnews.com>



“Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can’t produce a baby in one month by getting nine women pregnant.” Warren Buffett




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