February 2019 – Portfolio Updates (Kraft Heinz Co. and more)

The second month of 2019 doesn’t bring too much happenings in my portfolio, apart from the fact that I have moved some of my funds around. I committed to being more aggressive with my fund allocation this year and pushed most of my extra funds into stocks within the past two and a half months.

In February, I made a divestment in AEM and sold all my shares at $1.06 per share. I can say that this decision has been rather quick, and although I did mention before that my target price for this stock was supposed to be $1.31, the actual intrinsic value based on more conservative calculations is in the range of $0.96 to $1.03. Continue reading “February 2019 – Portfolio Updates (Kraft Heinz Co. and more)”

January 2019 – Portfolio Updates (and Some AEM Holdings Stuff)

It’s already mid February, and thus a very late portfolio update. But I was kinda enjoying myself during the CNY holidays that I placed blogging at the back of my mind, as with my laptop from work, for a deserving break. 😁

There’s so much that can change within a month when the stock market is concerned.

In January alone, the STI has recovered to a gain of 2.60% as compared to its drop of -6.63% in 2018. It might be time to start stock hunting again for good deals, and I’m glad that I did manage to get one with Micron Tech, or so I hope I did.

Portfolio Performance

Continue reading “January 2019 – Portfolio Updates (and Some AEM Holdings Stuff)”

My thoughts on Micron (NASDAQ:MU)

I wanted to start 2019 with a better portfolio, and what better way to buy another great stock to add to her?

It’s been quite awhile since I did an individual analysis on a stock, considering that I spent a lot of posts recently on self reflection and progress. I should do it more often though, because more often than not my readers or the comments are able to provide very good insight on my personal opinions, and this blog is pretty much the only avenue that I can reach out to similar investors.

Since we’re on this topic, let me pull over at the road shoulder and have the opportunity to update you on my followers. Continue reading “My thoughts on Micron (NASDAQ:MU)”

My Financial and Expense Report (2018)

Many of my friends around me think that I have this secret obsession with money. They know that I track my expenses on a daily basis and can never understand how I can bring out the time to do so. The reason is simple – I make it a priority in my life to achieve financial independence, and there is no other (better) way I know to achieve that – by reducing my expenses and increasing my income. And the only way that I can reduce my expenses is to know what I’ve been spending my money on.

I don’t want any of that precious stuff to go to waste.

Everyone does their budgeting in their own way. The ultimate goal for me is to save as much as I can, without sacrificing some of the values I have in life. Being able to save, really, is one of the basic stuff that you have to do in order to increase your net worth. And then once you have money, you can use it to make more money.

For 2018, I have decided to split my financial report into two sections. Continue reading “My Financial and Expense Report (2018)”

2018 Portfolio Updates

It’s the 2nd year that Miss Niao can celebrate a full-year review for her portfolio again. How well did I do as an investor? Not at all fantastic, though still in line with my goals.

A Look Back on 2017

In 2017, I started my investing journey and injected my funds rather consistently, performing a buy trade with a monthly/bi-monthly frequency. I had no sell trades in 2017.

I have also experienced how a bull market is like, and the emotions I had to go through of having a loss of double digit percentage points on paper – not that it went anywhere unbearable. Continue reading “2018 Portfolio Updates”

My Net Worth In 2018

2019 is finally here to stay for the next 360+ days, and I can’t wait to review my finances for the year. After my CPF interest has been deposited on the last day of 2018, I do have a rough idea on how well I did in my financial health for the year and I am very glad to say that it has been much better than I’ve expected it to be, though I fell very short on my expenses and exceeded my budget very… exceedingly due to some unexpected expenditures that were quite unavoidable and unaccounted for.

I guess that’s a way of how life throws a rock on your head and reminds you to always prepare yourself for unplanned circumstances, and that even if things don’t go the way you want it to be, it’s going to be fine because you’ll always find a way to make it work, and eventually maybe find other ways to make your situation even better.

Things can always be a lot worse. Continue reading “My Net Worth In 2018”

Would You Retire Overseas?

We always talk about retirement in Singapore and the projected expenses that we need to reach financial freedom. I set out on my journey with a target of having a passive income of S$3000 per month by the time I am 40 to cope with the rising cost of living in Singapore and possible inflation of my standard of living.

Now that I am 28 officially, my goals still stand with similar projections.

All I need is S$616,930.67 with a 6.5% annual yield to reach my goal.

Sounds easy? Of course not. That 600-odd thousand amount is the amount of money I have to have in my investment instruments ALONE. All the money I have in my CPF or emergency funds, or even war chest to be specific enough should not count in that amount.

Based on those numbers, I also have to pump in S$30,000 of fresh funds per year. That is not a small amount at all, and barely leaving me any other money for additional savings or other purposes.

But recently, I was introduced to another solution to reach retirement much faster. How fast you say? Continue reading “Would You Retire Overseas?”