June update

Wait till unsustainable price for chew to drop before reconsidering. Large surge in profit is due to land sale to government and wait for disappointing quarter / annual results to shake speculators confidence before going in.

Sgx, dairy farm and Suntec REIT has great potential. But its moats and margin of safety are not as deep as I like. I should stay away and wait for the quarterly results.

I expect vicom to plunge further due to effects from coe down cycle. Wait till next quarter results for any investment decision

Interest rate hike did not seem to impact and create a fire sale in REITs compared to the November first hike. Maybe it is all fully factored in and I bought mine at the best possible moment.

The best direction moving forward is to look away from the stock market, focus on building my warchest reserves and enjoy life as a whole. And wait for the next quarter financial results before any decision is made.

Expect downward movements in my portfolio as sell in May and go away,and cyclical Downwinds from lack of festivities will lack to a decrease in investor sentiment.

Focus on preparing for my toastmaster projects and mid year review. Life is much more than stocks and I am adopting a buy and hold strategy. Learn to pace out for a 5 year marathon.

Comments

Post a Comment

Popular posts from this blog

A New Light

 A New Light After a hiatus from writing and picking myself up from the issues in my personal life, I decided it will be great to resume writing on a monthly frequency to connect with my inner self, and connect with like minded thinkers and writers.  Writing and investing is my passion regardless of whether I am getting paid for it. Even if no one is reading about it, writing keeps my mind sharp and discussions with others allows me to bounce off ideas with other experienced / astute investors. I am also thankful to have met new friends in person with a passion in investing in recent months, and reignite my passion in what I loved.  I will resume writing and blogging at https://caveatemptorvenditor.substack.com/
Read more

Portfolio Review 2019 - Performance Review

Image
Quantitative Measures Beta = 0.76, VaR = 8.92%, Expected Shortfall = 17.43% Overall - Time = 19.99% Performance Review for 2019 Beating the STI ETF benchmark is not difficult this year. As a market capitalized ETF, STI ETF was a late buyer in the REIT rally, which highlighted the downside of this methodology. Moreover, a lot of retail investors with larger proportion to REITS performed way better than me. My returns were also punished as I averaged down on Silverlake Axis on the recent price correction. I also sold off a percentage of STI ETF to increase my war chest instead of reallocating to US Stocks, resulting in the missing out of the Christmas rally and the year end momentum play. The S and P 500 trounced the returns of most market participants. I am not certain whether the blind money / DCA via index investors resulted into this phenomenon. There is significantly high PE stocks in the index constituents. Stocks could be simply getting more ...
Read more

Everybody has a plan until they get punched in the face

Image
  Everybody has a plan until they get punched in the face As the china central government continued their spree of popping up regulations in all areas of China economy (Minimum wages, living conditions for drivers, 996 working hours, gaming time for minors, wealth redistribution policies, Banning dancing  grannies , the list goes on), the steep decline in the HK/CN stock prices seem to be consolidating and taking a slight breather for now. Although I have stuck to the plan of disciplined averaging down from July till now, it is never easy to watch your favorite picks go cheaper as new rules are being drafted. It is never easy to stick to your convictions based on the research and thesis of the stocks you hold, and believe you are right amidst the market noise and chaos. Everybody has a plan until they get hit. Then, like a rat, they stop in fear and freeze.You can plan all you want, but you’re going to get hit – probably when you don’t expect it - and it’s going to hurt. ...
Read more