Author: STE's Stocks Investing Journey

Just For Fun & Photos Sharing

Recently , after reducing my holding in Capital Commercial REIT (here ) and Accordia Golf TR , other than deploying my fund to short term bonds  and building up my war chest , I am also thinking of adding new counters which would generate some passive income to replace the loss of income from these two counters which used to be the main holding in my portfolio. While doing the due diligent for one of the target stock , I came across this paragraph in one of the analyst report… “Hong Kong: Polished trading stable and prices firm. Steady demand...

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What Reversion To The Mean means ?

This is one of the best article on topic of “ Reversion to the Mean “ … just for reading. The Realities of Mean Reversion by Jack Forehand,  Validea’s Guru Investor Blog Quote “Mean reversion is one of the most powerful forces in investing. Whether it be the performance of asset classes, the fundamentals of companies, or economic data, almost everything in investing will revert to long-term averages over time.” Unquote Full article ( here ) Update on regression line for selected world stock markets. ** Although STI is moving above long term mean , but is still much...

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What is your “ Share Turnover “ ratio ?

What is ‘Share Turnover’ From Investopedia.com Share turnover is a measure of stock liquidity calculated by dividing the total number of shares traded over a period by the average number of shares outstanding for the period. The higher the share turnover, the more liquid the share of the company. BREAKING DOWN ‘Share Turnover’ For example, if the total amount of shares traded over the year was 10 billion and the average amount of shares outstanding for the year was 100 million, the share turnover for the year is 100 times. A high turnover ratio is good at market level as it mean the...

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CPF Interest 2017

Ding…Ding…Ding , CPF Board had just credited the interest into our CPF account , you may log in and check your latest balance and amount of interest you got from “ Ah Gong “ ..😊 This year, total $ 28,114 been credited into our account ( for both STE & Mrs STE) as interest from CPF and we are really happy to see our money continue to grow in CPF as we treat it as AAA Bond till 2025 ( till we reach 55 years old).  As I have highlighted in my previous blog post , we treat this CPF outstanding...

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My Report Card : 2017

<Image credit : dreamstime.com>                           Time flies , we are counting the last two days of 2017 to welcome 2018 and again is time to take stock of the year gone by and make plans for coming year. We try to justify (or made excuses ) of what we didn’t achieve in 2017 and set the new resolutions for 2018. 2017 should be a good year for most of investors as STI gained 18% ( exclude dividend ) and closed at 3402.92. A rising tide lifts all...

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Monetary Authority of S’pore issues bitcoin warning

After warning issued from China, India , Malaysia , Thailand Central bankers , many monetary regulatory seems follow suit and came forward to warn the RISK of investing in Bit-Coin….as it may turn out to become a “systematic risk“ which really can create “chaos and havoc ” to the financial market/system if it continue to grow at “exponential ” rate before it collapse. This could be seen from the total market cap for Bit-coin which is around USD290 BIL ( at supply of close to 16 mil ) , can you imagine if the the total supply achieve full...

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The Book I’m Reading Now

I took out this book from my bookshelf recently and re-read it again, with much curiosity, I wanted to find out if I could learn something from past financial crisis and if there is any similarity of past crisis vs recent crazy price movement of Bit-coin.   I read with great interest especially on Chapter 4 ( Fueling the Flames: Monetary Expansion ). Quote “ Speculative manias gather speed through expansion of money and credit or perhaps, in some cases , get started because of an initial expansion of money or credit. One can look back at particular manias followed...

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What’s Next After Achieving Financial Freedom?

These 2 blog post from my friend about life after achieving FF prompted me to “ kaypo” and write something about my life after FI since 3 years ago… this is the question where many “F.I.R.E to be” should ponder along the journey of achieving FI. Financial independence is not about being rich but is the experience of having enough….and the most important question people often overlook is “What’s Next when you have achieved Financial Independence?”. Can you be financially independent and be a loser at the time ? ( Christopher from Growing your tree of prosperity ) –...

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How To Spend Your Year End Bonus ?

<This article first appeared in “Seedly” on 13th  Dec 2017 , one of the leading social network for investors who believe that anyone can achieve financial freedom with the right tools and the right mindset .  ( here ) > Time flies and we are at the end of 3rd Qtr 2017 with Thanks Giving just around the corner and follow by Christmas celebration. I guess most of the investors including me are happy with their investment returns in 2017 as STI is up by 15.2% YTD and if you are the lucky one who have invested in Banking ,Electronic/...

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4th Qtr 2017 : Dividend and Portfolio Update

Is time to see many update from financial bloggers  on their year- end portfolio review  and total dividend to be collected in 2017 , including B ( here ) and me of course. Time flies , as usual with the last company to have announced the financial result , I will try to tabulate the total dividend to be collected in 4ht Qtr 2017 and total amount for full year 2017 vs 2016. Dividend & Interest Income  for 4th Qtr 2017 = $40,576.95 This is about  $3696 lesser than  4th Qtr last year of $44,273 Total 2017 =  $185,623...

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Thank You & Good Bye “ CROESUS Retail Trust “

This is the 3rd company in my portfolio being privatized after Sim Lian and ARA Asset Management.  I have blogged about “ The Good or The Bad “ of privatization before (here ). As I mentioned before “  Whether privatization is good or bad for shareholders, I’m sure it depend on your entry price and in the eye of beholder.” In most of the case , the offer price for company being taken private will be higher than last trading price or premium over NAV. As such , some investors tend to spot or try to identify which company will be...

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Q&A : Bitcoin

What is Bitcoin ? (from Wikipedia ) Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, as the system works without a central repository or single administrator. It was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009. The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain.   Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors...

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CPF-Investment Scheme – My Experience

CPF-IS has been a hot and never ending topic since DPM Tharman made a comments in 2016 that “the scheme was not fit for purpose “ because over the last 10 years, more than 80 per cent of those who invested through the scheme would have been better off leaving their money in the CPF Ordinary Account. He said that over the last 10 years, more than 80 per cent of those who invested through the scheme would have been better off leaving their money in the CPF Ordinary Account since the Ordinary account still give member a 2.5%...

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The Importance of Behavioral Finance in Investment Decisions

<Image credir: psfbd.net> Finally , one of my favorite and top Behavioral  Economist Richard H Thaler from University of Chicago won the 2017 Nobel Laureate in Economics , joining other top behavioral economist like Robert J. Shiller and  Daniel Kahneman  in the list of Nobel Laureate. He has been recognized by many insightful research link to economic decision and psychology like “ Endowment Effect “ and “ Mental Accounting “ and also a writer of many best-selling books in economics and behavioral finance. Concept Explained : from Investopedia DEFINITION of ‘Endowment Effect’ In behavioral finance, the endowment effect describes a circumstance in...

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Do We Need to Spend Few Thousand $$$ on Investment Courses ?

One of the reader email me and asking about the idea of attending an investment course which cost him few thousand dollars. I am quite reluctant to give advice in this regards as I never attended any investment course before and not sure about the useful and effectiveness of such courses. For me , investing is a long learning journey and one need to read extensively and learn from your own mistake not just sitting in the class room for few hours or days ,listening to some “experts “  advise or slides presentation on how to be a successful...

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