Author: My journey to financial freedom

June (H1) 2018 – Portfolio Updates

What a crazy ride 2018 was for the stock market! Since the massive bull run in 2017, Mr Market has decided to be humble and come back down to Planet Earth. My portfolio has also under-performed the STI by some margin. I pulled out some numbers from my blog to do a comparison: January: STI ETF @ 4.14% V.S. Time weighted returns @ 4.88% February: STI ETF @ 3.56% V.S. Time weighted returns @ -0.87% March: STI ETF @ 0.91% V.S. Time weighted returns @ -2.29% April: STI ETF @ 7% V.S. Time weighted returns @ 1.56% May: STI ETF @...

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First Sell Trade – Divested Indofood Agri

It takes conviction to buy a stock, but it takes courage, and some guts to acknowledge your mistake and do what is necessary, even if your heart has to break a little. I have made the decision to cut my losses, and divested 27,000 shares of Indofood Agri at 25.5 cents each. This has translated to a 30.9% loss of my initial investment of 37 cents, and in turn became a 6.44% realized loss off our entire portfolio. I remember blogging about why I bought the stock in the first place, and here are the 3 points to justify...

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May 2018 – Portfolio Updates

Two “disadvantages” of buying stocks that are not very popular are that… They are virtually illiquid (very low trading volume) The spread (bid/ask) price of the stock is immensely huge. Unlike the famous stocks that people buy in the STI (e.g. Singtel), where the spread can be just 1 cent, stocks like Keong Hong and Tat Seng Packaging can drop a few percentage points in 1 day of trading. Needless to say, the smaller (yet, maybe not cheaper) the price of the stock, each spread will also affect the price more. A mere 0.5 cent movement in the current...

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How I Save 70% Of My Take Home Pay – Cash Flow Review (Q1 2018)

Technically not Q1, since we are already almost halfway through 2018. But because of… you know, priorities, I decided to wait for 2 more months before I did a review of my cash flow. Hey wait, should I call this a trimester update instead of a quarterly one then? :p #randomthoughts As you might already know, in annual reports, there is a place where the cash flow statement is at. It basically, well… shows how cash flows in a business or company. I mean, it is pretty self explanatory, isn’t it? If cash is managed properly in a business,...

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April 2018 – Portfolio Updates

I haven’t been blogging as much as I should. Giving myself and my readers a reason not to blog because I don’t have time is just meh. I can’t help having priorities. Work has piled up again and the politics at my workplace are getting more conspicuous. Not something very much within my control but I try to avoid conflict as much as I can. My boss gave me a decent grading this year. I’ve received my bonus in April! It always comes as a surprise to me because my income is suddenly boosted and the income/expense chart becomes out...

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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....

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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...

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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....

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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...

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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...

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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...

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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....

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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...

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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...

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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...

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