Author: The Tale of Azrael

Dabbling in Options in my Portfolio

If any of you noticed, I have recently sold 2 Put Options in my recent transactions for Axos Financial. Figured I pen down what I read up on. I recently was interested again in Options after starting to dip my toes into the US markets, particularly by TTI’s post here. I do remember long time back, there’s quite a few trainers who teach them, Sean Seah VIOS, Clement Chiang Live Freely, etc, but I didn’t have much time to do much reading up except tiny bits here and there. Do note that I’m completely new to Options and this...

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A Weekend at Alpha Summit

Last weekend, The Fifth Person held an event, Alpha Summit for both the public and Alpha Lab members (Yes, I am a subscriber, you can find the link here). There were different speakers (Rusmin, Victor, Kenny and Jun Hao) covering their topics ranging from financial ratios for screening, to portfolio management, to the retail industry, to market cycles and even new case studies of companies not covered in Alpha Lab yet. I will go through some of the highlights which made more impact to me. On Asset light businesses Investors tend to do well with such companies Much more...

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2018: A year in review

Thought I’ll do a review of 2018. On my own personal finances   Achieved investing savings target of 24k/yr, actually achieved 35.6k. This excludes funds diverted for a side venture of mine (it would add to 38.7k including all the SG bonus, refunded insurance premiums, etc). Had kept my expenses as low as I could, seems like focusing on how to allocate every dollar well seems to be working. Creating a future expenditure budget and planning on expenses in advance (by deducting as a monthly expenses) seems to be working well too, though I have spent a bit more...

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Portfolio Transactions Update (December 2018)

Updates for my portfolio for December 2018 Still need a lot of work on my portfolio watchlist, looking to include shares from other developed nations. I kinda maxed my balance transfer monthly payment, let’s see how it affects me psychologically (if any). In addition, I’m back to the drawing board for my side venture, let’s see how it goes. AX Puts got assigned at 25 Reason Share prices fell just below my strike price 24.75 (which was what I wanted anyway) at the very last day nearing the end of the market (wah lao) No cash to sell more...

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Portfolio Transactions Update (November 2018)

Updates for my portfolio for November 2018 Still need a lot of work on my portfolio watchlist, looking to include shares from other developed nations. I kinda maxed my balance transfer monthly payment, let’s see how it affects me psychologically (if any). In addition, I’m back to the drawing board for my side venture, let’s see how it goes. Subscribed to Keppel-KBS REIT Rights at 0.5 Notes Share prices fell due to potential tax issues and rights Managed to get slightly more than my position in terms of rights, although overall I applied for almost 2.5x of my position....

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Portfolio Transactions Update (November 2018)

Updates for my portfolio for November 2018 Still need a lot of work on my portfolio watchlist, looking to include shares from other developed nations. I kinda maxed my balance transfer monthly payment, let’s see how it affects me psychologically (if any). In addition, I’m back to the drawing board for my side venture, let’s see how it goes. Subscribed to Keppel-KBS REIT Rights at 0.5 Notes Share prices fell due to potential tax issues and rights Managed to get slightly more than my position in terms of rights, although overall I applied for almost 2.5x of my position....

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Tried out NLB Reservation for the first time

As I previously went to Property Soul’s (Vina Ip) rental property course as written here, I decided to borrow her book as I have actually tried to physically locate the book for months. For some reason, the book kept getting borrowed around me, Be it I visited it on the day the loan expires or the day after, I couldn’t find it. The place that often had the book was Bukit Merah Library and despite two attempts at visiting it, the book was nowhere to be found. Extremely frustrating. So I decided to bite the bullet and try reserving...

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Tried out NLB Reservation for the first time

As I previously went to Property Soul’s (Vina Ip) rental property course as written here, I decided to borrow her book as I have actually tried to physically locate the book for months. For some reason, the book kept getting borrowed around me, Be it I visited it on the day the loan expires or the day after, I couldn’t find it. The place that often had the book was Bukit Merah Library and despite two attempts at visiting it, the book was nowhere to be found. Extremely frustrating. So I decided to bite the bullet and try reserving...

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A Weekend at Finding and Managing Residential Rental Properties by Property Soul

I have always been rather impressed with Vina Ip and always wanted to attend one of her courses, so I managed to find a slot that matched my schedule and went along. In addition, I am rather curious, in this current property environment, why would rental residential properties be better than REITs? The location was a simple room in NLB@Bugis. It started with a ice breaker about what we do for a living, what properties we have bought/planning to buy, then followed by a question about what investor animal we are (she recently made a post about that here)....

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A Weekend at Finding and Managing Residential Rental Properties by Property Soul

I have always been rather impressed with Vina Ip and always wanted to attend one of her courses, so I managed to find a slot that matched my schedule and went along. In addition, I am rather curious, in this current property environment, why would rental residential properties be better than REITs? The location was a simple room in NLB@Bugis. It started with a ice breaker about what we do for a living, what properties we have bought/planning to buy, then followed by a question about what investor animal we are (she recently made a post about that here)....

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Portfolio Transactions Update (October 2018)

Updates for my portfolio for October 2018 Still need a lot of work on my portfolio watchlist, looking to include shares from other developed nations. I’m still paying off the balance transfer faster than I would and I have performed another using Maybank. In addition, I’m on a steep learning curve for my side venture, as I’m gonna do everything DIY instead of letting people do it for me (more costly), let’s see how it goes. Buy Silverlake Axis at 0.425 Reasons Average down further, but next day drop to 0.405 sian lol Buy Keppel-KBS REIT at 0.67 Reasons...

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Portfolio Transactions Update (October 2018)

Updates for my portfolio for October 2018 Still need a lot of work on my portfolio watchlist, looking to include shares from other developed nations. I’m still paying off the balance transfer faster than I would and I have performed another using Maybank. In addition, I’m on a steep learning curve for my side venture, as I’m gonna do everything DIY instead of letting people do it for me (more costly), let’s see how it goes. Buy Silverlake Axis at 0.425 Reasons Average down further, but next day drop to 0.405 sian lol Buy Keppel-KBS REIT at 0.67 Reasons...

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Tibits I learnt from Starhill REIT AGM 2018

After my recent post for Silverlake Axis AGM, I managed to go for Starhill Global REIT AGM too! :) Man, the turnout was crazy, they ran out of handsets and bags, and had to add chairs to the venue. Thankfully, there’s a $20 Wisma Atra voucher. Let’s get on to it: Retail Market remains challenging due to a change in Gen Y/Millennials spending habits Digitalising has moved faster than regulations and infrastructure Mitigation strategies: Create thematic malls by picking brands to work with Most brands except luxury brands such as LVMH are too poor or in financial difficulty to...

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Tibits I learnt from Starhill REIT AGM 2018

After my recent post for Silverlake Axis AGM, I managed to go for Starhill Global REIT AGM too! :) Man, the turnout was crazy, they ran out of handsets and bags, and had to add chairs to the venue. Thankfully, there’s a $20 Wisma Atra voucher. Let’s get on to it: Retail Market remains challenging due to a change in Gen Y/Millennials spending habits Digitalising has moved faster than regulations and infrastructure Mitigation strategies: Create thematic malls by picking brands to work with Most brands except luxury brands such as LVMH are too poor or in financial difficulty to...

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Tibits I learnt from Silverlake AGM 2018

Fortunately, despite being rotated out to another role, I’m glad to be able to attend an AGM (with the pain of using leave). I kinda like AGMs like these as the crowd tends to be more savvy which is a more stark contrast to blue chip companies like Singtel. The crowd was rather small too. Some slides: So let on with it: Silverlake Digital Economy (SDE), the fintech platform, has been lagging in performance. It serves as a “co-core”, which I interpret as an add-on module on top of the core banking software Silverlake Axis Integrated Banking Solutions (SIBS)...

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