Author: Rainbow Coin

Why I don’t play in overseas stock markets

Despite home biasness and possibly missed opportunities by only investing in SGX stocks, the big deterrent for me to dabble in overseas stock markets are the additional costs of trading and holding the foreign exchange’s stocks. See https://the-international-investor.com/international-stockbroker-list/singapore-stock-broker-list Trading commission + nominee service fees (custody fee, admin charge etc) + FX fee + withholding tax on dividends And of course… I am just too lazy to monitor other markets. If I want foreign market exposure, buy shares of companies with stakes overseas...

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I work best when my boss is not around

Why? I can work at my ‘own time, own pace’ at researching, planning and implementing new projects, rather than having to keep fine-tuning things that are already in place. I get motivated by stories and visions. Less so by money and in-between kind of power. Anyway since I am not doing sales, technically speaking, I have less ‘rights’ to ask for higher pay / monetary rewards. Boss likes to micro-manage and correct things down to the details, so there are often draft after drafts. Boss likes to change his mind...

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OCBC repurchases share from market

“Oversea-Chinese Banking Corporation Limited (SGX:039) commences share repurchases on May 9, 2017, under the program mandated by the shareholders in the Annual General Meeting held on April 28, 2017. As per the mandate, the company will repurchase up to 209,124,917 shares, representing 5% of the issued ordinary share capital. ” That may be one of the reasons why its share price was heading up in the past weeks. Its price was downhill when I bought, finally it is making a turn. In one of my previous posts I was lamenting that I should not have reinvested my dividends as...

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It’s harvest time again

Here comes the time of the year for harvesting dividends. Yay! I wonder if that is why people ‘sell in May and go away’ other than the summer holiday… Just a refresher on what is ex-dividend date: http://www.investopedia.com/ask/answers/06/exdividenddate.asp Where can you find the ex-dividend date on SG stocks? Here http://www.sgx.com/wps/portal/sgxweb/home/company_disclosure/stockfacts Find the stock and click on the Dividend...

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Thought processes & problem solving

I finally discovered how to utilise pivot tables for data analysis. It looks cheem to me when I first looked it up (I only know pie charts and line graphs for the sake of presentations), until I discovered the ‘woah’ moment with trial-and-error and things suddenly fall into place like magic. Not without some data chewing that was quite frustrating initially as I have 800+ lines of data with assorted information such as timing, category etc. — When it comes to problem solving, many times we tend to fall into the trap of focusing on ‘What I can do?’...

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Insights from interviewing candidates

Being the sai kang Ops Manager, my new add-on duty currently is to hire for a HR generalist position for the SME I am working at (before I get a new add-on duty of HR manager too). Here are some interesting takeaways from the interviews I have conducted. 1) Those who don’t know how to give ‘model answers’ for the standard questions asked, I know they have little or no experience in interviewing and recruiting people, as well as being interviewed. “What do you know about our company xxx?” *stumped* “Thank you, exit is over there.” 2) “What makes you...

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Unattractive Lunar New Year bank promo

Till end Feb… The only low-hanging fruit promo that I could find is the DBS $28 Hong Bao giveaway for opening a new deposit account or SAYE account online. T&C applies. So I have gotten myself a Multiplier Account. POSB is offering 1.45% for 4 months if you open a higher interest account with fresh fund deposit. Last year was 8 months. Standard Chartered is offering a miserly 1.15% for 11 months FD tenor with minimum deposit of 25k. (If I didn’t recall wrongly, new year period was 1.25%.) https://www.sc.com/sg/save/term-deposit-sgd-dollar.html CIMB is offering 1.25% for a 12 months FD tenor...

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Sequel to CAGR, XIRR simplified

A sequel to my previous post. Can I make use of XIRR’s value to help in my investment portfolio goal setting? Think come, think go… cannot leh. :( WHY? Because XIRR % is like a report card grade which shows how my portfolio has performed over a fixed period of time, say last year. However, it is not practical to set a goal based on the % or confer a meaning to it as the current market value of my portfolio is controlled by Mr Market (although you may argue investment timing matters *cough cough*). So on sunny days, XIRR...

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CAGR, XIRR simplified

Inspired by SMOL’s post, I decided to do some reading and a short post on these “cheem cheem” terms that previously I do not use. CAGR stands for Compound Annual Growth Rate. It is useful in measuring (in %) how much an investment has increased in value over a fixed period of time. Watch the illustration in this video here – http://www.investopedia.com/calculator/cagr.aspx  So if your investment grew from $1000 to $1500 over a period of 3 years, the CAGR is 14.5%. Which means the amount increased by 14.5% on its compounded value each year, as follow Year 1: $1000+14.5% Year 2: Year 1...

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Time to contribute $$ to CPF for tax relief again

It’s the time of the year again – time to contribute money to your CPF or your parents’ CPF accounts if you are looking for some income tax rebate. Better do it soon too, because there are less than 5 working days to new year (and to qualify)! Another way of getting the tax rebate is to do some good by donating back to society. :) Here is the IRAS link to check out the top-up relief...

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Past tense, Present tense, Future tense of stock market

Past tense = dividends, P/E Present tense = current share price, news Future tense = prospect / business analysis, projected earning, speculation Some people like to make decision looking at the rearview mirror, some people like to make decision based on trend and gut feel, some people like to analyse and try to foresee things. Which describes you? ————————- My stocks portfolio adventure in 2016: – Earned an ok dividend of 4.3% by year end – My worst paper loss this year was -29% in January – Rode through the boring market period and terrible paper loss by not...

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Stay-at-home long weekend… to shop

Who says 宅女 don’t go shopping? From the rise of ebay, blog shops to Alibaba, we could practically find anything we want online and have it delivered to our house – at times at a better price. Qoo10 is having some cool deals of cart coupon offer here. $3 off $20 min purchase, $10 off $50 and $30 off $200. I usually shop for clothings, PC and handphone accessories. Because of these great deals, I decided to get something more adventurous – a robot vacuum cleaner. For only $82 after the coupon discount! :) My mom doesn’t like to clean the floor, neither...

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Savings account promotions

POSB is currently running a ‘Get 1.55% p.a. interest for 6 months!’ promotion. Check it out here. How to get the deal? Deposit fresh funds* into your POSB Fresh Funds Account by 4 August 2016. Fresh funds deposit via cheque(s), cashier’s order(s) and demand draft(s) must be done by 4 August 2016, 3.30pm. During the POSB Fresh Funds Account opening process, you will be prompted to select an existing POSB/DBS Current or Savings Account to be used for signature reference. This same account will be used for the crediting of the Cash Gift Interest. This account has no applicable...

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Stocks app review – Call Levels

There are many Android apps which monitor stock prices and show stock charts but I could hardly find one that gives you Price Alert feature. Call levels (I came to know about it from a DBS Vickers ad) is a mobile app that would alert you when any stocks you chose hits a certain price. It has a simple and clean interface that shows you nothing else on screen but the price of the stocks that you are following. Upon reaching your keyed in price, it will automatically alert you via mobile notifcation. You could also choose to receive...

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My thoughts on rights issuance

Rights issue = an issue of shares offered at a special price by a company to its existing shareholders in proportion to their holding of old shares. When I think of rights, I think of share dilution. More shares at cheap price for existing shareholders, some would scurry to sell off once they get hold of the rights share before the full dilution takes effect. Not all rights are right to get. However, if you decided not to get then you might be better off selling away the shares instead of holding them (before full dilution takes place as mentioned)....

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