[Thoughts] Hello December! A summary of the Year

Hello Everyone, i am still doing my weekly scans, but selectively sharing to gain perspective, rather than prove to anything to anyone.

If you interested then comment on this post i can figure how i can share the scans with you.

An update on what i have been up to:

Financially

1.Apr, June : Injected $41.5K into DBS,Olam, Jardine to boost my income holdings

2.Oct-Dec: Injected $6.2K for rights issue this year (IREIT + CRCT) and did not apply for Ascendas Reit. for Ascendas Reit, participating in the exercise would not contribute to my 5% at cost income counters.

3.Mid Sep onwards: Started trading US equities on Tiger Brokers with some good returns... ( as of today 74% RoR) 

4.Nov: hit another minor financial milestone ahead of schedul ( x4 of my original liquid asset when i started in end 2015)

5.Mid Nov: Simple summation indicates SG holdings has broken even 

6.Dividends received up to $7.7K ( ~5.2% yield on cost) 

Personal development and Skill

1. Rediscovered the joy in reading, and also found out audiobooks are a great way to Accompany oneself while i work from home

2. Did not pick up coding as I hoped, too lazy. But did level up my excel skills

Work

1. WorkWise WFH most of the time, sometimes go to office/sites/contractor&vendor. Initially enjoyed it ( wake up 5min before starting work, Shiok!) but at the tail end of the year getting a bit restless. 

2. From Apr to Dec: Pushing out initiative at work, to hoping have an impact on the ecosystem.

3. Sep-onwards: Coach new staff, a bit of challenging since i am more of an individual contributor, but Glad that i pick up some communication skills along the way to help in my people management skillsets

Refocusing for 2021

Financially

1. Income holdings.  Projected to get 7K  for 2021, to hit 12k at 5% cost will need to inject $99K, but only add if there is a opportunity. Target to add max of 40K.

2. Trading US-HK anywhere: scale up to $40K (to speculate on ~5 to 7 counters) Gains will be channeled to opportunity warchest

Personal Development

1. Work on Arduino/Raspberry pi to keep my practical skills recent and to date, for personal hobby.

2. Incorporate a fitness regime that I can stick to... maybe Daily push up, seat ups + 1x intense workout + 1 Hike.

Work

1. Focus intensely on automating and  delegating work to the staff i am coaching.

2. Roll out 3 high-impact initiatives (programme, administrative, misc)

3. Aim to get an offer for a new job that offers my annual package as my basic with a decent bonus.

[thoughts] Start thinking about retirement today

Background

My father retired end of June, and suddenly with more time and his fixed deposit maturing in a Low-interest environment. Was caught in a dilemma:

• money into fixed deposit (0.95% for 12 months), interest too Low
• Found the “higher” interest single-premium endowment, 2 years to be too Long
• Had too much time to run around, too little things to do

Current Situation 

Listening in to all his friends and my mother’s various advices, an elderly who has not been making much financial decision much was suddenly “forced” to make a decision. Or need to face up with losing out on “interest”. My father FOMO-ed and started to want to take action, he shared with me the possibilities:

• Use money to TOP up with retirement sum under my name so that i can enjoy some tax relief.
• Dump the money in SingTel shares 😑😑 and collect dividends.
• Just put money into one of the fixed deposit and wait till got better opportunity....

What We found out

• Topping up CPF retirement account, so that my siblings and i will enjoy some tax relief. The money will be distributed over 20 years... 20K will be  less than additional $100 a month. $20K liquid lump sum vs less than $100 extra seems pointless.
• Dumping into  SingTel Shares. Volatility in share price, over a shorter horizon (for my father)... dividend is not confirmed, and based on situation today, seems like will stagnate or reduce. Old man who cannot “regenerate” any capital loss, and maybe in a situation where he need to sell at a loss. The down-side is something he could not afford.
• Put money into fixed deposit. Simplest, acting now rather than wait. Earn some interest, better than nothing. However 0.95% of $20K get $95.... better than nothing..
• Voluntary contribution To CPF. I vaguely remember  AK, and other financial bloggers talking about voluntarily topping up CPF, to get a “higher” interest rate savings account for their parents. And did some probing, realised that voluntary contribution will allocate 84% of the money to Medisave, 8% to special account, the rest to OA. And in my father’s case where MA at the ceiling, it will go to the ordinary account.

What we eventually decide to do

As my father had been using the Medisave to pay insurance, he is a few hundred bucks away from his ceiling. we decided that:

• I TOP up my father’s Medisave till it hits ceiling ==> so that i get to enjoy some tax relief.
• My father does a voluntary contribution so that the money that earns OA & SA interest, and he can take it out when he needs it.

Lessons learnt

• Risk appetite does change significantly, and even if my father thought he could take on the risk of investing in equity, going through with him, showed otherwise.
• Retirement being a relatively extended period ~15years( retire at 67, and die at 82), we should plan for it not only financially, but also in terms of a routine to occupy this suddenly spared it time.

Do let me know any resources to help make his retirement more meaningful and enjoyable!

I'm back, not that i have left, just lazy to blog.

I'm back, not that i have left, just lazy to blog.

This COVID, i have been kept busy:

1. part of work has some operations related to dealing with covid19

2.learning data visualisation & some programming to simply things

3. reading books, but not on investment stuff.

4. did some trading using CFD. overall break even but its really very volatile!

One of the thing i have neglected is actually my income portfolio, even though i loaded about $12K worth of DBS & Jardine C&C, i didn't do more due diligence to acquire more even when i have another low 6 digit sum waiting to be deployed. the saving grace is that at least these money are sitting in my DBS multiplier enjoying a interest of above 2.2%. simply because i used a promocode to buy the cancer care insurance  to bump up my tiers (from 2 tiers to 3) 

Composition of income portfolio

• REITS: ~ 47%
• Industrial: 29% (back to positive)
• Retail: 10.5% (red in excess of 15%)
• Commercial: 7.3% (red less than 10%)
• Stock: 53%
• Finance:23.7% (negative 10+%)
• Foods: 22% (negative 20+)
• Distribution: 6.6% (even)

Based on cost, my yield is above 5% which is the original intent.

Assuming i am going to deploy a significant amount of my warchest, i will be looking at counters that are:

1. Above 5% yield.
• plenty with high yield. sustainability of the yield is another thing ?
2. Capital appreciation of 40% ++. with a  horizon of 3-4years  
• technically many, but some fundamentally may not rebound.

Some companies i have shortlisted (descending order)

DBS. 6.3% yield with fair chance of heading to $30 (53%) 

CES. 7.8% yield with fair chance of going back to 70c (67%)

Olam. 5.5% yield with fair chance of heading to $2 (42%)
Jardine C&C. 5.3% with fair chance of going back $36 (60%) 

HK Land. 5.8% with fair chance  to hit $5.3 (43%)

highly likely to deploy 20K on DBS, CES, Olam, and come back to review again in July.

#59 stock scan

Do your due diligence, be responsible for your own trades, this is merely for fun
Colour codes
Blue: Potential entry
Red: Tight Stop loss
Pink:Loose Stop loss

Market is trading in a range, but with bearish sentiments.

Reversal: Half risks
Up trending: Full amount of risks
Breakout play: Full amount of risks

STENGINGEERING.


US-BeyondMeat


US-PayPal


US-Nokia


HK-TenCent

weekly review #6 2020

Thoughts

Everyday the news is about the CoronaVirus, and just this friday, we turned from yellow to DORSCON Orange. while i am not too worried from my health point of view, i have taken steps to wash hands more often whenever possible between activities, and shower the moment i return home so as not to affect my aged parents. not yet to the level of stockpiling food or mask .lol

Everyone please stay healthy! avoid late nights, reduce stress levels, and avoid crowds if possible!

Transactions

As mentioned last week, due to this wuhan virus thing, it is expected that economic activity will be slow, while the businesses try to figure out what the heck to happen. With the move to Dorscon Orange, it probably means that more counter will drop drop drop the next few weeks. Currently, STI is still considered range trading, but with the backdrop of a virus... outlook seems possible for it to hit 3000s.... those who have many trading positions in SG counters, a bit too late already to do anything. 

AEM. Exited this position $1.86 maybe i weak hands or what... but the chart looks like the start of the downtrend, can run first. even with good fundamentals, the bad market sentiments does not help propel its price higher. this is the 2nd small pot of gold i got from AEM. lol. i will be back when the time is right 😃😃😃

PanUnited. luckily i planned properly before making a scale-up. While this is not like some super powerful running counter, it is still in a healthy uptrend. 

CSE Global. probably caught it at the wrong time i guess. but let's see how things go. Technically, it is in a weak uptrend ( respecting 200MA) , so i should be buying on the dips. did i also mention that this counter pays relatively consistent and good dividend.

JiuTian Chemicals. honestly, this is a super super small position, even losing everything while painful wont affect me too much. so it is interesting for me to see this, and hope it climbs higher! but probably after the wuhan virus blows away....or gets normalised as a seasonal occurrence. 

Microsoft. Pretty glad i got into this tide upwards since early 2020 (here). while my position size is small due to the counters high ATR, i am glad i started trading US counters. this counter in the short 1 month i am holding it, has steady levels up more than 15% cap gains. the up trend is a strong, and i will sit in to look at it as it grows, hopefully... i can hold onto it for a few yrs and this becomes a multibagger along the way.

weekly review #5 2020

Thoughts
There's a new bug in town, and it is causing quite a bit of scare.My trading positions are down, in fact my income positions too!but i guess this is the correction that is preventing the markets from overheating? 😂😂😂
work-wise, i'm shifting office, so i will miss the old office excellent location.


Trading positions
I'm thinking to liquidate all if not most of my positions, so as to keep cash to buy counters that are at a steep discount in my personal shopping list.

AEM. Hit my SL, i better run with some profits still in tact.


Jiutian Chemicals. although a very very small position, contemplating to exit.


PanUnited. Holding up very well. likely to scale up or hold, but not exit yet.


CSE Global. Trader me says exit, income investor me say, good to to buy... what should i do?

#58 Stock scan

Do your due diligence, be responsible for your own trades, this is merely for fun

Colour codes
Blue: Potential entry
Red: Tight Stop loss
Pink:Loose Stop loss

Market is trading in a range, trade normally

Reversal: Half risks
Up trending: Full amount of risks
Breakout play: Full amount of risks


Lian Beng


Citydev


US-FLIR systems


US-grubhub


US-Micron


US-Nokia

weekly review #4 2020

Thoughts
The CNY festive season made the work week short. besides this, there were some internal squabbles at work. some people don't know that while we are internally squabbling, there is a big fish waiting to gulp us down. was not very productive, but who cares. will work harder on the non-visiting days.

anyway Happy Chinese New Year!



Transaction
MM2 Asia. reversal failed. exited


BeadTalk. Reversal failed, had to exit.


ThaiBev. had to exit. from a 4 digital profit to a 3 digital loss. was not nimble enough in the exit and too ill-disciplined.


Open Trading Positions

AEM. I'm watching carefully, because it is an exit or scale-up situation. an important position for me to realise profits for this counter


PanUnited. waiting patiently to scale up on this counter. health trend, but a bit slow. this is the type of counter to buy & hold. aiming for a good return on this.


CSE Global. broke higher, and retest the resistance-turned-support. bullish trend in tact, Hold!


JiuTian. break out and then retracement with low volume. This is definitely BB manipulating the share price, but i am in it small quantity enough for it not to affect me at all!

#57 stocks scan

Do your due diligence, be responsible for your own trades, this is merely for fun

Colour codes
Blue: Potential entry

Red: Tight Stop loss
Pink:Loose Stop loss

Market is trading in a range, trade normally

Reversal: Half risks
Up trending: Full amount of risks
Breakout play: Full amount of risks

ParkwayLife REIT


HK-TenCent


UOL


Yanlord


Genting Sing

SembCorp Ind


US. NIO

weekly review #3 2020

Thoughts
This week is the week of learning for me. after reading the book, 4 hour work-week, i attempted to DEAL with my work and my life

D: definition, changing definitions.
E: elimination, removing the stuff that waste your time
A:automation, reducing the amount of attention needed so you have more time
L: liberate, not being fixed to a locality.

Personally i have a large degree of L in my current job, and am working on the D,E and A. so i will try to work on it over the next few years, inching a bit closer every week, i hope.


Open Trades. anyway i have an issue of having too many open trade positions. really really need to remove them to open up more mental freedom.

AEM. potential to scale up on this counter. but i also have an eye to protect my profits with a trialing SL.


PanUnited. potential to scale up on this counter, pls see plan.


ThaiBev. exit it tmr when free


MM2 asia. exit  if breaks lower this week


BreadTalk


JiuTian


CSE Global


Microsoft. this type of chart, dunno what to say, just can say hold onto it until trend changes.

[savings account] Moving back to OCBC 360 —> settled both my parent’s mobile phone bills

Background

DBS multiplier announced on new year about changes in the tiering for multiplier account.So there will be 25K tier ( income + 1 action); 50K tier (income +2 tier); 100K (income +3 actions) instead of the previous 2 categories. So this triggered me to review my realistic achievable interest earned.

Reviewing DBS Multiplier acct

While i comfortably still fit inside the 50K tier, i realised that realistically i was hitting 2.3% and the occasional 3.5%... as i have reduced trading activities significantly. This translated to around 90+ bucks as i was not very active to quickly “TOP-up” the shortfall.

OCBC re-looked

That day i was sharing with my GF about the furore in the “burrow” fb group community, and she told me that she was using OCBC 360, and it triggered me that heartlandboy did some post about moving back sometime back (here).

I probed further, and based on my current spending, would say i could hit mostly 2.55% (except maybe for 1 month every yr, where i “clear”) the account up. nd based on $70,000, this meant that i would be earning $148.75 a month, this was would be like 50% more than my current interest ( or $685 difference), basically handphone bills for both my parents!

Interestingly, i did not close my OCBC360 account earlier, and i could just apply for a credit card online and get immediate approval using the MyInfo linkage with Singpass. So just need to change my salary crediting account with my HR ( which can be done totally electronically).

Moral of this incident
Periodically, it is worth it to review our financial plans, checking it against the initial purpose/ objective; exploring other opportunities out there.
This time round it was fruitful!  

#56 stock scan

Do your due diligence, be responsible for your own trades, this is merely for fun

Colour codes
Blue: Potential entry
Red: Tight Stop loss
Pink:Loose Stop loss
Market is trading in a range, trade normally

Reversal: Half risks
Up trending: Full amount of risks
Breakout play: Full amount of risks



Youtube here

ParkWayLife Reit. Uptrending counter, breakout


HongKong Land USD. Range trading.


ValueTronics. Uptrending


SembCorp Ind. Reversal


Creative. Reversal Play


Japfa. Uptrending


US-PayPal. Uptrending


HKEX-Ping An. Breakout trade


HKEX-TenCent. Uptrending