Archive

JW

Path to Financial Freedom — Create your exit plans

February 1, 2012 by JW
I’m referring to  the following blog post linkhttp://www.cpf.gov.sg/imsavvy/blog_post.asp?postid=943438268-310-6846058964and perhaps others with a similar mindset. In the post, the author lists 5 steps to financial freedom:Step 1 – Boost your Active IncomeStep 2 – Get Rid of Unnecessary DebtStep 3 – Save MoreStep 4 – Reduce Spending and Live Within Your MeansStep 5 – Invest For [...]
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Berlian Laju suspended!

January 27, 2012 by JW
I had previously posted about Berlian Laju here: http://wealthbuch.blogspot.com/2010/10/berlian-laju.html This was a purchase from a long time ago. I had the opportunity twice to cut loss with $800 loss, but I didn’t. It ballooned to $10k. Too bad my bet didn’t work out… Probably have to write off 10k from my portfolio. Lessons learned: 1) [...]
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Goals for 2012, The Year of the Dragon

January 18, 2012 by JW
This post was sort of inspired by jwt from LP’s cbox. Basically, he asked me if I have any updates on my personal goals, and he would be interested to read. I was quite surprised and honoured actually. I was too busy to really spend time to update this blog, but I was thinking, hey, [...]
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Am I doing it right?

January 8, 2012 by JW
Much as I try to motivate myself with the statement: There’s no absolute right or wrong; just do what you think is right. I can’t help thinking sometimes if I’m indeed pushing myself on the right track. I don’t want to go through the trouble to type a long history, so I shall just summarize [...]
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As Year 2011 comes to an end

November 21, 2011 by JW
In case you are wondering, I do know that year 2011 still has one more month to go. But I do think it is time to start reviewing and plan ahead for the next year. This is the link to Goal 2013 which I had set myself in November last year. Year 2011 was super [...]
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Quick Thoughts on STI

September 28, 2011 by JW
Some quick thoughts: 1) History likes to repeat. http://sg.finance.yahoo.com/q/ta?s=^STI&t=my The 97 market crash resulted in a V-shaped rally which followed in a quick crash to bottom in 2003.The 07 crash resulted in a V-shaped rally as well. The bottom may well be at 2013, probably near the STI 2000~2500 level if the percentage drop is [...]

in Categories: Investing

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Excerpts from The Intelligent Investor

August 19, 2011 by JW
The recent market volatility prompted me to post two excerpts from the Intelligent Investor by Benjamin Graham. His wisdom may show some light: Excerpt 1 A serious investor is not likely to believe that the day-to-day or even month-to-month fluctuations of the stock market make him richer or poorer. But what about the longer-term and [...]

in Categories: Investing

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Recent Updates

August 12, 2011 by JW
On Portfolio: Overall -5%. Fortunately less than total dividends received over last two years Did a series of buy transactions recently. SGX at $7.13 (average $7.36) CMA at $1.44 (average $1.65) AIMS at $0.205 (average $0.201) SMRT at $1.88 Capland at $3 (average $2.32) Sold all GRP at $0.205. Drew up a list to sell, [...]
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STI EW count?

June 30, 2011 by JW
Been too busy. This is a latest EW count? Just my 2 cents…. It could be wrong. For viewing pleasure and for entertainment value. Primary 4: A: 3314 ~ 3118 (-196) B: 3118 ~ 3280 (+162) C: 3280 ~ 2916 (-364) Primary 5: 1: 2916 ~ 3208 (+292) 2: 3208 ~ 3000 (-208) 3: if [...]
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March 2011 Portfolio Update

April 3, 2011 by JW
March saw a terrible disaster at Japan, leading to my holdings of companies with Japanese exposure going down substantially. In addition, panic selling brought down prices further. Unfortunately, I have used my opportunity funds to enter Singtel the previous month. But fortunately, Singtel did not go much lower than my buy-in price at all, displaying [...]
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Follow Up Quick Views on Eratat

March 13, 2011 by JW
In my earlier post on Eratat, I stated my views of the business and the events happening without taking a good look into the balance sheet. I got interested to pour through Eratat’s business, etc, because it appears that quite a number of people are interested in it. In this post, I will share some [...]
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