Author: Investing Wolf

Aug 2017

Finally!!! The graduation date has been confirmed and the trip to Down Under settled. Overall, I think we all deserved a long holiday for me to relax after completing my degree and for my GF who has been so supportive and tolerating my nonsense throughout this period. This is also her first trip to Australia… If you looked at the activities we planned, I would say it crossed out a lot of items in the bucket list. I even bought a new 4k camera as an investment for this and future trips. Will be posting some of the photos...

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June 2017

Here comes the 6th month of the year. Considering my last post was in March, I had not realised I had missed the postings of April and May. So much has happened within this period… To sum up the entire period, 1)     I successfully completed most of the assignments of my degree and the only thing standing between me and my certificate is the last paper which is due in mid June. 2)     I switched my CPF-IS account from DBS to UOB after realising the quarterly account maintenance cost of DBS charges $2/counter with a minimum of $5 while...

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A tech bubble in the making?

Seriously? Snapchat (SNAP) IPO had a market cap of US$24billion with a share price of $17 per share. This IPO seriously looks like a huge speculation gamble coupled with miraculous expectations that the company will somehow generate a profitable net income after 2 years of net losses. That’s right… SNAP has had increasing net losses of US$373 million in 2015 and US$515 million in 2016 (According to Morningstar). These numbers were published for their IPO prospectus for all to see and people are still willing to throw their money at the stock hoping to catch a quick buck. So,...

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Revised OCBC 360

Hello! So today marks the first day of March. The moment I woke up and looked at my phone, I saw a message indicating that OCBC is updating its interest rates from 1st Apr 17. So I went to the web immediately to take a look at it and found that it is reducing/increasing interest rates for 4 /5 components. Links to the Current OCBC 360 account and the Updated OCBC 360 can be found here. Below is the summarised version of the reduction. Payment section from 0.5% to 03% with a total of >$150 from >/= 3 bills...

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Jan 2017

Hello! My last post has been a while (in November). I did not manage to write a post in Dec due to the deadline of my assignments which was due over the new year. I’m glad it is over for now and I scored pretty well for one of the modules with full marks on the paper (been a while since I received full marks). While I am waiting for the results of the other module, I can concentrate on what matters ultimately, which is my financial journey. December was the month in which we saw the increase of...

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Nov 2016 Portfolio

Hi guys, The month of November certainly contained some interesting and explosive news. First, Donald Trump won the US election against Hillary Clinton and the US markets rose to its highest levels instead of dropping as many would expect. Second, OPEC agreed to a production cut in eight years of about 1.2 million barrels per day. This cut would attempt to include the non-OPEC country in a bid to control and give balance to the overflowing crude oil market. Third, there was an increased chatter on the FED interest rate hike being highly possible in Dec due to the...

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Oct 2016 Portfolio

Hi guys, For the month of October, I received my results for my 2ndtrimester and they were excellent. That marked the completion of half of the degree course and another 8 more months to complete the whole course and be done with the studies… I seriously cannot wait to get my life back on track. Since the beginning of the degree class, I was so swamped with work, studies, social life and my financial life. I did not have enough concentration to focus on the financial markets and thus had to change my investment period to medium to long...

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Sept 2016 Portfolio

Hi guys, For the month of September, things were pretty hectic as I had to complete 3 essay assignments and managed to complete 1 practical test while preparing for a presentation during the first week of October. Overall, I felt pretty confident that this semester would be awesome as well. In September, there were no transactions made in the SGD account but cost basis reduction strategy has been constantly applied in the US market for GILD. There were also some contracts in the S&P futures which turned a profit helping to bring back the account. My current SG holdings...

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CPF-IS under review.

Hi guys, For those who don’t read newspaper, it looks like there are some changes coming to the CPF-IS according to The Straits Times’s Government to review CPF Investment Scheme: DPM Tharman. Wow… According to the article, 80% of the people cannot earn even higher than 2.5% of the basic CPF OA interest and nearly 45% of CPF-IS had losses over same period. What!!! It looks like because of these 80% of people who treat their hard earned money in the CPF like free money in a gambling den, the rest of us who are benefiting from the extra...

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August 2016 Portfolio

Hi guys, August is here and I am halfway through my second semester of my studies. Manage to score pretty well for my first semester and is currently on track to complete the entire course by July next year. Over the month of August, there was no transaction made to the portfolio. Decision was made to observe the market both Singapore and US on any potential crashes. Logic is quite simple. I do not feel comfortable increasing positions when the I have no idea where the market is going since it is at an all-time highs. Given the passive...

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Dividend portfolio July 2016

Hi guys, For the last few months, I have been investing in some Singapore dividend stocks purely for the dividends. The reason for going into Singapore market is basically to achieve the dream of having a passive income to supplement my income someday so that my loved ones and I can be financially free. As of now, I have only invested a small amount of capital into the market and will be adding to the list or more shares if the price is acceptable. My current holdings include: 1)      ACCORDIA GOLF TRUST 2)      LIPPO MALLS INDO RETAIL TRUST 3)     ...

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Just some thoughts on the games at NUS camps

So recently there have been many stories of the games in NUS camps being increasingly sexualised. The thing is, no one actually forced anyone to do anything they do not want to do. Who can the students blame or do they need a lesson on making choices? Many a times, we blame others for the things we do because we “have no choice”. Truth is, we always have a choice. Just because we do not like the other choices, does not make it disappear. In the case above, no one put a gun to their heads to participate (in...

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The cost of hospitalization!

Everyone knows that healthcare in Singapore can be very costly, but how many of us areactually adequately covered when we are hospitalized? When was the last time you reviewed your hospitalization policy? When I was still young, my mother had already bought plenty of insurance for me at that time. Since then she has been paying the insurance premium in my behalf. 2 years ago, I was interested in the area after a chance encounter at a seminar and took a look at the plans. That’s when I realized that I was covered with a whole life insurance, hospitalization...

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Changes in SCB Bonus$aver Account

Today I came back from work and saw a letter addressed to me on my table. First impression was that it was from Standard Chartered because of the envelop it was sent in. I read the content and had to re-read the content a second time just to ensure my eyes were not playing a trick on me. The content of the letter is as below: After such a “flexible” change in rates, you can expect me to terminate my account after June and move my funds into another bank with better rates such as the OCBC 360 of...

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May 2015

Month of May Well, we are now at the 5th month of 2016. I am still amazed at how fast this year have seemed to have passed by. I realised I have not been posting monthly as previously mentioned… my only justification was that I was super busy with rushing out my degree essays. It is very tough to have to work full time and continue to rush out essays and presentations part time while keeping up to date with the daily financial news. I am so glad that the first 2 modules of my degree modules are about...

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