Author: STE's Stocks Investing Journey

Saving Too Much For Retirement ?

Was having casual conversation over the dinner with friends last week and some knew that I am not working since 2015, asking if my investment income will be able to cover my expenses. I told them that I am still able to save $60-80 K a year after deducting all my yearly expenses including holidays and staycations. “Then you are saving too much for your retirement !” ,one of them said that .. I was stunned like : huh ?? saving too much ?? …Uhhh ! When putting all this together, Blanchett summarizes “many retirees may need approximately 20%...

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Open Electricity Market (OEM) : I Switch You Switch , Save ! Save! Save!

Everyone seems happy recently (including STE ) as our pocket will  have some extra money from saving of our electricity bill by switching to some other’s retailers , other than SP Power. STE just signed up with Keppel Electric on their FIXD24 plan at $0.168/kWh vs current tariff of $0.2413/kWh (before GST ) which is around 30% discount from current tariff + $20 NTUC voucher.   😄 Alternatively, you may also sign up with DOT24 Fixed Discount plan ,i,e 22% discounted from tariff , regardless of how much the tariff will be heading, a peace of mind for at least...

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CapitaLand 3.0 – Asia Largest ( Rights or No Rights ?)

Guess this is the hottest business news since the announcement made last week : While everyone seems excited about how it will transform CapitaLand 3.0 to be one of the Asia largest real estate group and world No.9 in term of AUM , with 8 listed REITs entity on SGX. I am more interested in below slide which show the “deleverage plan” of how they are going to reduce the net debt/ equity ratio from 0.72x (post transaction) to 0.64x by Dec 2020. Well , it mean that the chances of divesting (some said “dumping”) part of these 3...

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2018 : CPF-IS and Interest Income Update

Right after 31st Dec 2018 , I guess everyone was busy logging in to their CPF account to check what is the latest balance they have in their CPF account. Yes , CPF interest will be credited on that day and one will be able to see how much he/she got on interest income for the year of 2018. STE doesn’t have the opportunity to feel the joy of getting year- end bonus since 2014 but instead, receiving the interest income from CPF on first week of each year make me happy same as getting the bonus. ( Not...

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2018 Portfolio Review and Reflection

As we leave 2018 behind and roll into 2019, first and foremost allow me to wish all A Very Happy & Prosperous 2019. I am sure 2018 was  a tough year for all investors as compared to 2017 where most of us may end up having negative return on our investment portfolio.  This is a big contrast to 2017 where we have achieved double digits growth in our portfolio. If you are still enjoying double digit +ve return this year, congratulation !! you must be an exceptional and extraordinary good one in picking wining stocks. STI close at 3068...

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Expecting “Santa Claus Rally ” in 2018 , No ?

<image credit:seekingalpha.com> Christmas is just around the corner and some of us may be busy doing the Christmas Sales shopping to buy gift or present for your loved one and some may be “worry “, looking on the screen seeing DJ dropped by few hundred points each day. Yes, guess there will be no so called “Santa Claus Rally” this year as market expected to be in volatile mood and swing viciously. Although US market has corrected by more than -12% from the peak in early 2018 but is still far from long term mean level and not to...

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Expecting “Santa Claus Rally ” in 2018 , No ?

<image credit:seekingalpha.com> Christmas is just around the corner and some of us may be busy doing the Christmas Sales shopping to buy gift or present for your loved one and some may be “worry “, looking on the screen seeing DJ dropped by few hundred points each day. Yes, guess there will be no so called “Santa Claus Rally” this year as market expected to be in volatile mood and swing viciously. Although US market has corrected by more than -12% from the peak in early 2018 but is still far from long term mean level and not to...

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Bye Bye M1 : Catching A Falling Knife

Finally , I have completely sold all my remaining share of M1 at lost of -$14,226.78 , while some might still waiting or hoping for a better counter-offer from another major shareholder. Yes it is a negative XIRR of -5.5% after close to 4 years of investing.Have to admit that I have underestimated the impact of “regulatory risk “ after the government  announced the new permit for 4th Telco and the subsequent disruption from severe “price war” not even the start of operation of 4th Telco.  Share price of all the Telco dropped by more than 40-50% from the...

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Bye Bye M1 : Catching A Falling Knife

Finally , I have completely sold all my remaining share of M1 at lost of -$14,226.78 , while some might still waiting or hoping for a better counter-offer from another major shareholder. Yes it is a negative XIRR of -5.5% after close to 4 years of investing. Have to admit that I have underestimated the impact of “regulatory risk “ after the government  announced the new permit for 4th Telco and the subsequent disruption from severe “price war” not even the start of operation of 4th Telco.  Share price of all the Telco dropped by more than 40-50% from the peak since after the announcement of possible 4th telco...

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4th Quarter 2018 : Dividend and Portfolio Update

Yeah !! Is time to update my dividend & interest income to be collected in 4th Qtr 2018. This will be a short and quick update as I am heading to JB for 2 nights staycation on 20th & 21st Oct and follow by another on 25th & 26th Oct to Lexis Hibiscus Port Dickson . From now till January 2019 it will be quick pack for me as school holidays just started and will have more fun and spend more time on outdoor activities with my kids , as usual like rock climbing and ice-skating or even planing...

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4th Quarter 2018 : Dividend and Portfolio Update

Yeah !! Is time to update my dividend & interest income to be collected in 4th Qtr 2018. This will be a short and quick update as I am heading to JB for 2 nights staycation on 20th & 21st Oct and follow by another on 25th & 26th Oct to Lexis Hibiscus Port Dickson . From now till January 2019 it will be quick pack for me as school holidays just started and will have more fun and spend more time on outdoor activities with my kids , as usual like rock climbing and ice-skating or even planing to climb “Bukit Timah...

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Hold Your "F.I.R.E" , Your Dividend Has Just Been Cut By 81.5% !!

Yes, not by -8 % or -38% but -81.5% !! This is what happened when APPT (Asian Pay TV Trust) announced their result and dividend pay out for next quarter this morning. I think most of the so called ” income investors ” (including me)  were stunned by this sudden news and of course the share price dropped by -49.2% and closed at $0.16 today. I still have small position of this stock in my portfolio ( 0.4% ) and expected it (dividend) to be cut by 50% to around 3 cts which is a more sustainable level level and close it’s FCF and may still gave...

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Is Winning the Lottery Cursed?

Winning the lottery can be a huge, life-changing event. Imagine you’d just won few millions $$ from TOTO and not to forget the probability of an ordinary S$1 bet winning the jackpot  is 1 in 13,983,816 chance. You must be “damn lucky “ in winning the TOTO but what happen to your life after receiving such big “windfall “. Will your life change better or worse, according to a study , “Lottery winners, despite overwhelming odds, are a rare few to win millions on the turn of a dime. Many are simple people just struggling to get by. Having their financial concerns suddenly vanish must feel good. However, there’s a darker side...

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Worrying Too Much About Stock Market Fluctuation

I know we worry about myriad of issues concerning stocks market because it affects our portfolio value day in day out. Our heartbeat increase when we look at the news headlines about “ trade war “ , “Interest rate increase “ , “ EM slow down” , “US Mid-term election” , “Sanction on Iran “ etc.. But should we press our panic button to “ buy or sell” every time we saw these news headlines which cause the market to fluctuate up and down ? Read this before you make a hasty act on trading your stocks base on “ News Headlines “. Buy...

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DOW .. Down ..Down.. Up ..Up…

Today mark the last trading day of Oct 2018 , Yes ! Indeed , it’s a “choppy and volatile” month for STI and world markets. DJ could swing more than 600 points intra-day from positive to negative. Well , that is really the characteristic of “Mr Market”, it swing like a pendulum. Again, many of my friends are asking me if I am selling my stock as market seems very volatile and ‘risky” ( for them ) , but my answer to them is the same , “No” , I am not selling but just do some “portfolio reshuffling...

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