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My Endowus Plan - March Update

 

Back in Jan, I blogged about my SRS Game plan via Endowus here.

Updated my Feb transaction in the blogpost here.

Now that it's Mar, I'm glad to report a few more transactions into Endowus

SRS

This is my 3rd transaction for 2022. Entered because of the fall in tech stock prices and omninous signs of recession coming + stagflation. The amount is split between Dimensional Global Core and Emerging Markets Large Cap.

  • Jan: $3,060
  • Feb: $3,060 
  • Mar: $3,060
I'm only left with 2 more tranches of $3,060 this year to complete my $15,300 SRS contribution for tax relief. Seems a bit too hasty since I dont think we have seen the worse yet. This taught me to consider splitting my SRS entry into 12 transactions for 2023 - buying once every month!

Amount pumped: $19,181
Results: -0.53%

CPF OA investment

I also made two $2k separate transactions from my CPF OA via Endowus to buy into Lion Global Infinity US 500 Stock Index Fund. I was hoping to enter at the lowest price, but due to lag time in Endowus transaction, I missed it. 

Amount pumped: $8k
Results: 4.18% 

Overall: 0.85%

Although I login to my Endowus account nearly everyday, I have so far been feeling numb about the rise and fall since these are my long-term investment portfolio. Will just ride the waves and enter the market when opportunities arise. 

Endowus Referral

If you are keen to embark on Endowus using your SRS, CPF OA or even cash, you may wish to use my link to enjoy $20 in Access Fee credit (equivalent to $10,000 advised free, assuming Access Fee of 0.40%).

https://endowus.com/invite?code=FUKYD

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