Daedalus Earnings Portfolio Update – June 2024.

Here is the update for my Daedalus portfolio for the month of June 2024.

You may perchance presumably most likely no longer understand unheard of of what I talked about in the event you don’t be taught this post.

I will strive and provide as unheard of of the update where doable if work is no longer too busy.

All my non-public planning notes equivalent to profits planning, insurance planning, funding & portfolio construction will be below my non-public notes share of this weblog.

Portfolio Alternate Since Last Update

The portfolio used to be valued at $1.390 million at the raze of June and is at the second at $1.396 million.

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

Here are the important thing security conserving returns for the month-to-date and year-to-date:

Returns of Dimensional funds in SGD with the comfort in USD. I maintain moreover listed out major index ETF efficiency for comparisons.

The efficiency of the tip two holdings have not been upright this month and held up by the smaller holdings.

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

Feature of Portfolio

The approach to the portfolio is to provide constant, inflation-adjusted profits for my crucial and classic spending. The portfolio is sized in retaining with a conservative 2-2.5% Initial Safe Withdrawal Rate (SWR) in advise that the profits can closing even pondering challenging historical sequences equivalent to Mountainous Sorrowful, external battle and 30-years of high inflation averaging 5.5-6% p.a.

Timeframe that the profits circulation to be deliberate for: 60-years to Perpetual

I am at the second no longer drawing down the portfolio.

For extra reading on:

1. My notes in relation to my crucial spending.
2. My notes in relation to my classic spending.
3. My elaboration of the Safe Withdrawal Rate: Article | YouTube Video

In step with the latest portfolio of $1.396 million, the projected starting profits is:

The decrease the SWR, the more capital wished, but the more resilient is the profits.

Nature of the Earnings I Deliberate for

Scream after I originate up drawing the profits, the previous year inflation goes in this sequence and here is the corresponding profits to be drawn out:

The profits approach is constructed to face as much as this high inflation

Investment Strategy & Philosophy

After making an attempt my perfect to be taught to invest for a whereas, the portfolio expresses my thoughts about investing at this point.

The portfolio is urge in a

1. Strategic: allocation doesn’t commerce by non permanent events.
2. Systematic: principles/resolution-tree-basically basically based completely applied both myself or an external manager.
3. Low-trace: funding implementation trace is saved reasonably low each on the fund level but moreover custodian level.
4. Passive: I use fairly little effort mentally pondering investments and moreover action-clever.

You may perchance presumably be taught more in this portray article: Deconstructing Daedalus My Passive Earnings Investment Portfolio for My Principal & Regular Spending.

Portfolio Alternate Since Last Update (In general Last Month)

Determined to defend shut my SRS fund to put money into:

1. Dimensional Global Targeted Payment SGD Amassing.

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

1. iShares Core MSCI EM IMI UCITS ETF Amassing.
2. JPM Global Equity Multifactor UCITS ETF.

Most up-to-date Holdings

The next table is grouped in retaining with customary approach, whether or no longer they’re:

1. Fastened Earnings / Money to decrease volatility.
2. Systematic Passive, which tries to hang the market distress in a scientific formula.
3. Systematic Energetic, which tries to hang numerous, proven distress premiums equivalent to fee, momentum, quality, high profitability, dimension in a scientific formula.
4. Lengthy-term sectorial positions.

Portfolio by Story Region

Portfolio by Region of Securities

Portfolio by Fund, Money or Particular particular person Security

Portfolio by Strategy.

Critical Custodians

The latest custodians are:

1. Money: Interactive Brokers LLC (no longer SG)
2. SRS: iFAST Financial

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You may perchance presumably be taught more about my thoughts about Interactive Brokers in this Interactive Brokers Deep Dive Sequence, starting with uncomplicated suggestions to execute & fund your Interactive Brokers memoir with out problems.