Daedalus Earnings Portfolio Replace – June 2024.

Right here is the replace for my Daedalus portfolio for the month of June 2024.

You’ll doubtless not perceive a lot of what I talked about if you happen to don’t learn this submit.

I’ll attempt to present as a lot of the replace the place doable if work just isn’t too busy.

All my private planning notes equivalent to revenue planning, insurance coverage planning, funding & portfolio building can be underneath my private notes part of this weblog.

Portfolio Change Since Final Replace

The portfolio was valued at $1.390 million on the finish of June and is at present at $1.396 million.

We reported a portfolio change of $6,000 for the month of June 2024.

Listed below are the foremost safety holding returns for the month-to-date and year-to-date:

Returns of Dimensional funds in SGD with the remainder in USD. I’ve additionally listed out main index ETF efficiency for comparisons.

The efficiency of the highest two holdings haven’t been good this month and held up by the smaller holdings.

The portfolio misplaced 0.52% to the strengthening of the SGD in opposition to the USD.

Function of Portfolio

The purpose of the portfolio is to supply constant, inflation-adjusted revenue for my important and fundamental spending. The portfolio is sized primarily based on a conservative 2-2.5% Preliminary Secure Withdrawal Charge (SWR) in order that the revenue can final even contemplating difficult historic sequences equivalent to Nice Despair, exterior struggle and 30-years of excessive inflation averaging 5.5-6% p.a.

Timeframe that the revenue stream to be deliberate for: 60-years to Perpetual

I’m at present not drawing down the portfolio.

For additional studying on:

1. My notes relating to my important spending.
2. My notes relating to my fundamental spending.
3. My elaboration of the Secure Withdrawal Charge: Article | YouTube Video

Primarily based on the present portfolio of $1.396 million, the projected beginning revenue is:

The decrease the SWR, the extra capital wanted, however the extra resilient is the revenue.

Nature of the Earnings I Deliberate for

Suppose after I begin drawing the revenue, the earlier 12 months inflation goes on this sequence and right here is the corresponding revenue to be drawn out:

The revenue technique is constructed to resist this excessive inflation

Funding Technique & Philosophy

After making an attempt my greatest to discover ways to make investments for some time, the portfolio expresses my ideas about investing at this level.

The portfolio is run in a

1. Strategic: allocation doesn’t change by short-term occasions.
2. Systematic: guidelines/decision-tree-based carried out both myself or an exterior supervisor.
3. Low-cost: funding implementation value is saved fairly low each on the fund degree but in addition custodian degree.
4. Passive: I spend comparatively little effort mentally contemplating investments and in addition action-wise.

You’ll be able to learn extra on this be aware article: Deconstructing Daedalus My Passive Earnings Funding Portfolio for My Important & Fundamental Spending.

Portfolio Change Since Final Replace (Normally Final Month)

Determined to take my SRS fund to put money into:

1. Dimensional World Focused Worth SGD Accumulating.

Determine to reallocate the money (from the iShares UltraShort Bond ETF) to Some holdings:

1. iShares Core MSCI EM IMI UCITS ETF Accumulating.
2. JPM World Fairness Multifactor UCITS ETF.

Present Holdings

The next desk is grouped primarily based on common technique, whether or not they’re:

1. Fastened Earnings / Money to scale back volatility.
2. Systematic Passive, which tries to seize the market danger in a scientific method.
3. Systematic Lively, which tries to seize numerous, confirmed danger premiums equivalent to worth, momentum, high quality, excessive profitability, measurement in a scientific method.
4. Lengthy-term sectorial positions.

Portfolio by Account Location

Portfolio by Area of Securities

Portfolio by Fund, Money or Particular person Safety

Portfolio by Technique.

Fundamental Custodians

The present custodians are:

1. Money: Interactive Brokers LLC (not SG)
2. SRS: iFAST Monetary

If you wish to commerce these shares I discussed, you possibly can open an account with Interactive Brokers. Interactive Brokers is the main low-cost and environment friendly dealer I exploit and belief to speculate & commerce my holdings in Singapore, the USA, London Inventory Change and Hong Kong Inventory Change. They mean you can commerce shares, ETFs, choices, futures, foreign exchange, bonds and funds worldwide from a single built-in account.

You’ll be able to learn extra about my ideas about Interactive Brokers in this Interactive Brokers Deep Dive Sequence, beginning with easy methods to create & fund your Interactive Brokers account simply.

Kyith is the Proprietor and Sole Author behind Funding Moats. Readers tune in to Funding Moats to be taught and construct stronger, firmer wealth foundations, easy methods to have a Passive funding technique, know extra about investing in REITs and the nuts and bolts of Lively Investing.

Readers additionally comply with Kyith to discover ways to plan effectively for Monetary Safety and Monetary Independence.

Kyith labored as an IT operations engineer from 2004 to 2019. At the moment, he works as a Senior Options Specialist in Insurance coverage Begin-up Havend. All opinions on Funding Moats are his personal and doesn’t symbolize the views of Providend.

You’ll be able to view Kyith’s present portfolio right here, which makes use of his Free Google Inventory Portfolio Tracker.

His funding dealer of alternative is Interactive Brokers, which permits him to put money into securities from completely different exchanges all around the world, at very low fee charges, with out custodian charges, close to spot forex charges.

You’ll be able to learn extra about Kyith right here.