Author: My journey to financial freedom

March 2018 – Portfolio Updates

The first quarter of 2018 is gone. Like February, I did not touch my portfolio at all. STI this month was crazy volatile, but I did not see much opportunity in my personal opinion. I did monitor some stocks to see if they will drop to the right price, one of them being Singtel which is now in the $3.3x range. I believe that my patience is getting slightly better ever since facing some downfalls and mistakes since last year. Pain is very unforgettable to me, but such pain is good. I hope it doesn’t fade away too soon....

Read More

What’s the whole point?

Today is the 22nd of March and it is time for me again to mourn about how MCR broke up. It has been officially 5 years since the devastating news was announced. Somehow, I find it hard to relate as much to music since then. In all honesty. I remember watching how Gee was addicted to drugs and pills when they started to get huge (easy peasy pumpkin peasy pumpkin pie MF!). And again during Danger Days, and of course when they broke up. Similar thing happened to Mikey. What is the best thing that you can do when shit...

Read More

February 2018 – Portfolio Updates

The stock market has been crazy volatile this month. Oh my goodness. For the first time in 7 months, this will be the first portfolio update of my blog that marks history. I have to report a negative time-weighted return of -0.87% against STI ETF of 3.56% as of 28th February. Which technically means that I’ve lost money in the stock market since the beginning of this year! 1. Keong Hong Despite P/E constantly decreasing ever since their earnings report was released (it is currently at a mere ratio of 2.19), the price continued to decrease just as well....

Read More

First Taste of Recession?

Having being fresh out of the oven from 9 months of investing, I finally got a mini bite of how a bearish stock market is like. For the first time, I opened my MySGX app and all the stocks were red! Only on Friday, things started to become slightly optimistic and recover again. Can this is considered a correction? But it only lasted a few days… How did my portfolio do? Time weighted returns are negative, and underperformed the STI. -1.46% against 0.03%. I am actually doing badly in 2018. That’s not very nice. Indofood Agri dropped 5.57%, and...

Read More

January 2018 – Portfolio Updates

January brings much news to the market. I’ve read many articles about how everyone is anticipating for a stock market crash, and that a correction would be due soon. Unfortunately for some people (or fortunately for me), I have also read many articles about cryptocurrency, and its crash has been more apparent and realized much earlier than the current bull run that I am experiencing. My views on cryptocurrency? My comments may seem way overdue, since everyone has been talking about it since a long time ago. Well, I have a friend who is rather close to me that...

Read More

Why I Bought Indofood Agriculture At Its 7 Year Low and 1.6% Dividend Yield

Just a few weeks ago, I have mentioned in my 2017 Updates that I have bought some units of Indofood Agri (5JS) and concentrated about one-fifth of our portfolio. Half of this amount of investment was from me, and BF decided to jump in together with me on the other half. While we were discussing about our buy, BF asked me about the dividend yield. He uses dividend yield as a gauge to know how much “interest” he is earning from his investment. When I told him that the dividend yield was only 1.6%, he obviously had some problems...

Read More

All You Need To Know About The Engineering Industry in Singapore (2018)

Mr. 15HWW has recently posted an article about The Booming Electronics Sector. I made some comments on that article but honestly, there was so much more that I wanted to say but couldn’t in a small text box. It actually kinda make me pretty motivated to talk about how’s its like being an engineer, and where else can I talk to people that I don’t know? Thus, the birth of this post. (Thank you 15HWW for the inspiration!) This post would be perfect for polytechnic/university undergrads that want to know more about their potential career in the engineering industry....

Read More

The Importance of Dividends

How important would you take dividends into consideration when buying a stock? Personally, I take dividends quite seriously, and it is one of the key criteria before I decide to make a transaction. If I come across a stock that doesn’t give dividends, I will most likely skip to the next stock – unless the stock has a very good reason for not giving dividends. There is even a term for investors who highly emphasize on high yield dividend stocks, and they are called income investors! A fellow blogger and my good friend, Warriortan, gets a significant amount of...

Read More

2018 Personal Goal Setting and Review

2018 has just started to set in and I just told my colleagues yesterday that it feels like nothing much has changed – at work at least. Life still goes on, work still goes on, CPF interest is in, Nikko AM STI ETF went XD two days ago… Yeap pretty much the same… …except that there’s actually a lot more stuff going on now as compared to the beginning of last year. 2017 to me was a great year, in fact, much greater than what I would have expected myself to achieve. I consider 2017 as a boost to...

Read More

2017 Cash Flow Statement

I’ve been reading quite a few annual reports this year and I’ve decided why not put my personal expenses into a cash flow statement. I think now my brain is by default suited to read the language of money in comparison to Assets VS Liabilities, Revenue VS Gross Income VS Net Income and Operating/Investing/Financing activities. In fact, I just remembered that I was supposed to continue analyzing Christopher’s Chicken Rice stall and I left out the cash flow statement of his business! Not cool, Miss Niao. Not cool. Okay, I’ll make it up for it by blogging about my own...

Read More

2017 Portfolio Updates

Finally! The last day of SGX was yesterday and I have my stats ready from StocksCafe on my portfolio performance. Now, it is my greatest pleasure to announce that my portfolio has beaten the market, but only by a small margin. If you’ve been following my previous portfolio updates, you would have known that I had reported in my November updates that my time weighted returns were 13.66%. Well that number has increased to 14.56% over the past month. However, I have to apologize to anyone who thought that I was an awesome investor because these numbers do not reflect...

Read More

4 Lessons (and Quotes) About My Investment Journey – 2017 Edition

It has been more than two weeks since I last posted an entry. Apologies for anyone who has been waiting – it has been a long week for me and I couldn’t spare extra time to blog since I have a lot of back log to clear at work. Always so much to deliver, but with limited time on my hands. As the end of 2017 draws to a close, I have started seeing other finance bloggers posting about their portfolio performance and how their investment journey has been. The market this year has been doing so well, and...

Read More

What Impresses Me The Most Is…

… not how much you earn, but how much you save. …not saving $10,000 yearly with an annual income of $100,000, but saving $10,000 with an annual income of $20,000. …not how much money you have in your portfolio, but your time-weighted returns against the performance of the market. …not the numbers in your bank account, but what you have done to multiple those numbers. …not by the car you drive or the house you live in, but how contented you can be while having less. …having to stop working by choice, and not because you can’t afford to....

Read More

November 2017 – Portfolio Updates

Since October, the STI ETF has increase 1.85% in performance. Similarly, my time weighted returns have increased by 2.33% to 13.66%, since G3B holds around 25% of my portfolio. I don’t know if it’s because of the bull market, but Keong Hong and Tat Seng Packaging are slowly revealing their intrinsic value, with both stocks rising very much in the past month as compared to my other REITs holding and ComfortDelgro. The returns are 23.42% and 9.73% respectively, and they rose much faster than I’ve expected them to, considering that I was prepared to hold them for a much...

Read More

Inspiring 26-year-old reader: It’s not important on how much we are given/have. But how we utilize our resources no matter how little, that is far more important.

Earlier this week, I received an email from a reader. This 26-year-old’s story is inspiring, and also led me to contemplate on my own life goals. I sought his permission to share his story here and believe that it would benefit other readers, both long time and new. Hello Ms Niao, I stumbled onto your blog when I was researching ILPs few days ago, after having been proposed the policy. I decided against that ILP, since it does not fit into my long-term goals. I have been reading your (engaging & light-hearted) financial journey from start to current. I’m impressed...

Read More

Like us on Facebook

Follow us on Twitter