Author: Rainbow Coin

A moment of reflection on ‘history’

I saw this article Five Lessons from History from one of Uncle8888’s post link. I find this article very insightful and here are a few paragraphs that are particularly resounding – “Downturns don’t happen in isolation. The reason stocks might fall 30% is because big groups of people, companies, and politicians screwed something up, and their screw ups might sap my confidence in our ability to recover. So my investment priorities might shift from growth to preservation. It’s difficult to contextualize this mental shift when the economy is booming. That’s why more people say they’ll be greedy when others are fearful...

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What inverted yield curve means

We have been hearing about the inverted yield curve and how it signifies that recession is on the horizon. SO what exactly is an inverted yield curve? Source: Investipedia From the chart above, short term yield is represented by the blue line (US 3-Yr Treasury Note) and long term yield is represented by the orange line (US 5-Yr Treasury Note). We can also substitute the 5-Yr note with say a 10-Yr note. As we can see, the orange line (yield) logically should stay above the blue line, since the note / bond holders are expecting higher compensation for the...

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Get more positiveness in life +++

We often put too much stress on ourselves trying to over-achieve at work, trying to reach a faraway goal like trudging in mud, trying to FIRE and worrying whether we will ever get that cushy, retirement life or dream home that we have wished for. In my search on how to age gracefully (I am going to be one year older soon), here are some sharing on how to get a breather and be more positive. Money ain’t gonna make you stress less, trust me. But these would! 1) Practise MINDFULNESS Mindfulness teaches us how to notice our natural...

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Should frugal millennial guys be scared of Singapore women?

Here I classify “Millennial” based on Cambridge’s definition of those born in the 1980s, 1990s, or early 2000s. Define “frugality” One issue that he raised was that millennial Singapore ladies seem to create the impression that they are spendthrift. They love to travel and instead of viewing travelling as a luxury, it’s like a necessity. Lo and behold I may be just one of them! However, as the keyword said – it is just an impression. It does not mean my goal and hobby depend on travelling. In fact, I do view travelling as a ‘luxury’ in life and...

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Distilled essence from Jesse Livermore

I am finally passed the half-way mark of slowly clawing back my 4-digit lost capital from trading the US market late last year. Slowly cos I chewed like a rabbit (no gut to swoop like an eagle).  Considering that it is only May now, I am hopeful that by end of this year I can at least break even. As the saying goes – “You don’t have to win back the same way as you have lost.”, I take it that it means winning back via a different trading strategy… Not get out of the game entirely. Trading is...

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Quick update – May

What have I been up to this month? I have stopped pair trading completely and embarked on swing trading before the trade war started. Again. Training my psychology and temperament with a “never say die” attitude this time round. (So let me take back my previous conclusion in one of my posts…) What have I achieved? Despite missing the early rally, I have managed to catch some late rallies. My “heroes” were Walt Disney and Monster Beverages. Pocketed some neat profits riding their uptrend and later got whipped out by the trailing stop during pull-back. This time I traded with...

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10-minute decision making

I was on an involuntary blogging hiatus as my laptop broke down (after a good 7 years) and I procrastinated on shopping for it. I could have blogged on my phone, but… I just like the feeling of typing on physical keyboard. Speaking of quirks lol. Today I purchased my second Acer laptop (hope it will last for at least another good 7 years), an Acer Aspire 5. It was a 10-minute decision. Just last week when I popped by the computer store, I was hesitant in making a purchase. So why the quick decision this time round? It...

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Bonds in my portfolio

What’s the latest fad now besides FIRE? The akan datang SIA bond! I just realised that I hardly mentioned anything about bonds in my portfolio. FYI they have been playing a rather significant role in stabilizing my investment portfolio, especially in times of market volatility. In fact, at this point in time, half of my paper assets are in bond (gasp! surprise, surprise…), so you can see how much I value them. And definitely must give them credit for helping my Multiplier Account to multiply $! Lol. My proud bond collection: 10 years SGS bond at 2.63% (Oct15) 10...

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A short break

I took a break from trading, investing and everything finance related for the past couple of weeks. The trading break was just at the time when the S&P and China stocks (like BABA) rallied like never before since the start of the trade war. Oh well… what have I missed. Anyway, I have concluded that I do not have the psychology nor temperament for swing trading. Period. And my conclusion about investing after these few months is that… We always miss the bigger picture and couldn’t quite tell when bad news are actually good news for bargain buy instead...

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Emotion and Action

Same goes for investing, managing our finances and everything else. To be aware, does not mean we will act and to act tends to come with an inertia. When we have too many emotions in conflict with each other, we would also hold off our action. Despite trying to be all rational in deciding on our investment and trading actions and be as emotionless as we could, the one factor that really triggers us to click the button is emotion. An emotion, when strong enough, makes us carry out our next course of action and make decisions. The emotions...

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10 rights, 6 wrongs

Revisiting 6 rights, 2 wrongs a previous post that I have written in 2016, this is an update 2+ years since: What do we see? That I have learnt my lesson. Now 10 rights, 6 wrong. Overall gain for equity portfolio = 8.09% It would have been 12 rights have I not sold my YZJ holdings a couple weeks ago (@ $1.25, ugh!) and M1 still on board (took up the offer to release at $2.06). I have no multi-bagger. My overall gain is modest… so nothing to brag about here. If I have known which are the stellar stocks,...

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Revisit: Share price woes of Keppel Corp

An update Current share price: $6.10 Stellar earnings no longer stellar… but getting “staler”? (consolation, at least 18’s results are better than 17.) One of the big culprits of my 2015 portfolio massacre. I must have been quite stupid to buy it again at $6.82 last year. Now must wait long long for it to slowly recover… Post below first published on 7/3/2016 “Keppel Corporation announced earnings results for the year 2015. For the year, the company reported net profit fell 19.1% to SGD 1.52 billion, with its fourth-quarter results hit by a SGD 230 million provision for the...

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Revisit: A few good inspirational quotes

Don’t succumb to the Monday blues. – Andre Gide  Man cannot discover new oceans unless he has the courage to lose sight of the shore. – David Mahoney  Trust your hopes, not your fears. – George F. Tilton  Success is never final and failure never fatal. It’s courage that counts. ——————————————————– To achieve something, we just need three steps: 1) Set your goal 2) Plan your actions 3) Do it Sometimes along the way when we are tired, think of something that can motivate us and push us along. When we are afraid, summon our courage but be prepared...

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Book review: Gone Fishing with Buffett

This book is totally to my style and I finished reading the book in just a few days. Sean did a good job of putting Buffett’s (dry) investing principles into layman terms by mean of a story. This makes it easy to read and is pretty entertaining. The story talks about a young man befriending a mysterious old man at a jetty and getting to learn about value investing from this folk (whom you guessed, is the imaginary Mr Buffett).  If you have the slightest inkling about what is value-investing, this book serves as a refresher of all the...

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Revisit: Shopaholic no more

Maybe it is innate that many shopaholics cannot resist anything that looks pretty on the shelves or has a discount tag on it. Besides earning money and making money work hard for us (our income stream), controlling our expenses and saving up are just as important (limit cash outflow). Here are eight quick tips on how to overcome your impulse purchases – Need vs WantAsk yourself if you really need that item before you buy – 3x. Think about what you already owned and if those items are functioning the same as the one you are about to buy...

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