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)”

October 2018 – Portfolio Updates

So 11.11 happened over the weekend and usually I’ll be stuck in front of my PC trying to find good deals. For this year though, I didn’t buy a single thing nor went to any website to look for something, for the sake of buying something. It just felt like I didn’t need anything, and I am thinking if it’s related to my minimalistic approach to stuff now.

The cycle goes something like this. The less I purchase, the more I know what I need, and I can be selective with my money. And being a natural cheapskate towards myself, it is easy to say “no” when it comes to unnecessary evil.

In fact, I don’t even shop all that more when I’m overseas.

Well, alright. Perhaps I am guilty of some splurges on food and anything that costs <$20 but costs >$20 in Singapore. Continue reading “October 2018 – Portfolio Updates”

What’s the whole point?

Today is the 22nd of March and it is time for me again to mourn about how MCR broke up. It has been officially 5 years since the devastating news was announced. Somehow, I find it hard to relate as much to music since then. In all honesty.

I remember watching how Gee was addicted to drugs and booze when they started to get huge (easy peasy pumpkin peasy pumpkin pie MF!). And again during Danger Days, and of course when they broke up. Similar thing happened to Mikey.

What is the best thing that you can do when shit happens to your bro? Write a song about it.

But really, it got me thinking. What’s the whole point? Continue reading “What’s the whole point?”

First Taste of Recession?

Having being fresh out of the oven from 9 months of investing, I finally got a mini bite of how a bearish stock market is like.

For the first time, I opened my MySGX app and all the stocks were red!

Only on Friday, things started to become slightly optimistic and recover again. Can this is considered a correction? But it only lasted a few days…

How did my portfolio do? Time weighted returns are negative, and underperformed the STI. -1.46% against 0.03%. I am actually doing badly in 2018. That’s not very nice. Continue reading “First Taste of Recession?”

All You Need To Know About The Engineering Industry in Singapore (2018)

Mr. 15HWW has recently posted an article about The Booming Electronics Sector. I made some comments on that article but honestly, there was so much more that I wanted to say but couldn’t in a small text box. It actually kinda made me pretty motivated to talk about how it’s like being an engineer, and where else can I talk to people that I don’t know? Thus, the birth of this post. (Thank you 15HWW for the inspiration!) Continue reading “All You Need To Know About The Engineering Industry in Singapore (2018)”

2018 Personal Goal Setting and Review

2018 has just started to set in and I told my colleagues yesterday that it feels like nothing much has changed – at work at least. Life still goes on, work still goes on, CPF interest is in, Nikko AM STI ETF went XD two days ago… Yeap pretty much the same…

…except that there’s actually a lot more stuff going on now as compared to the beginning of last year.

2017 to me was a great year, in fact, much greater than what I would have expected myself to achieve. Continue reading “2018 Personal Goal Setting and Review”

What Impresses Me The Most Is…

… not how much you earn, but how much you save.

…not saving $10,000 yearly with an annual income of $100,000, but saving $10,000 with an annual income of $20,000.

…not how much money you Continue reading “What Impresses Me The Most Is…”