Wednesday, August 19, 2015

Are We A Bunch of Losers?

Below are some of the loser's thoughts.
Are you a long term investor now because you lost money in trading?

Are you a trader now because you sucks at investing?

Are you spending too much time on investing or trading now because your career has no future or you are blacklisted by your boss at work?

Are your portfolio bleeding now? Staggering massive paper loss and it gets worst everyday?

Below are the winner's thoughts.
You switched to investing because you found out that trading is not your cup of tea. You couldn't sleep well, thinking of the forex position which is open 24/7 per day except weekends and Public Holidays. Glad you are out of trading :)

You are a trader now because they found that investing doesn't work for you. There's no kick, slow and looking at the huge paper loss makes me sick.

You invest to create your investment income in addition to your active income (job). You will retire happy and not worried about your finance.

Its just the usual market correction, up and down, up and down, stock is volatile. Very much expected. In the long run, stock will out perform any other asset class.

Some people are very good at showing off their wealth or goodness in life especially facebook which I find its a 'hao lian' platform where friends will post pictures or write on just how good they are and how enjoyable is their life.

Of course life is not all bad and no good. We don't have to envy or compare with others. They may not appear as what they seem to be.

Its actually a state of your mind.

A good example is a glass half filled with water.
Is it half full? or half empty?

Let's switched your mind to the winner side and be a winner!

Then you will be happier.

Wednesday, August 12, 2015

Let It Go

This is my little nephew and niece's favourite song. Sometimes they will just sing out loud. "Let it go! Let it go!" suddenly it rang a bell in me. Yea, these kids are right, we got to let it go! Kids can teach the adults who are usually blinded or numb by our mundane, ruthless world.

Wonder how would a surgeon perform a good job if he keep on thinking of how much can he earn from the operation or worry that their patient couldn't foot the bill. Money is the least thing he should worry and concentrate on getting the operation done successfully.

How would a office worker perform if he/her keep thinking that its past my office hours and I will "lu gi" or "bo hua"(make a loss) if I still continue working and not get paid for the extra hours put in.

How would a nurse perform her duties well if she has to keep thinking that she is working late night shift and earning a miserable pay instead of attending to her patients and making sure that they have the best care.

How would a property agent sit around the Million Dollar round table when he keeps worrying that he is wasting money or not getting his money worth on advertising or wasting time doing door-to-door calls and sales. He got to take the first step to reach out for potential customers. I got a property agent friend who told me he started off by doing door to door sales call and get rejected countless times in order to build up his customer contacts to be what he is today.

Next time, if you got a big assignment or project, if you straight away link it to your big bonus or promotion, probably not a good idea. Try not to think about the rewards first, because they may not come to you even though you did a good job. Instead focus first on getting the project done in time and do it well. Recognisation and rewards will come naturally.

How would your portfolio perform if you keep thinking that you will be losing money if you invest and do not dare to press the 'buy' button. Don't be too scared to lose. In the end, you will not take any action and no action means no result.

Try not to worship Money, it should be your least concern. Important thing is to get your work done properly :)

Next time, maybe try to 'let it go', only then you will perform :)

Sunday, August 9, 2015

Saturday, August 1, 2015

Jul 2015 Portfolio

This month I experienced the worst volatility so far since I started my portfolio. The main reason is caused by Greece Crisis, and hugh sell down in ShangHai Exchange. Even when the Chinese government pumped in billion of dollars couldnt help stablised the stock market. Singapore is affected by this and in a sell off mode :(

This month I added Noble into my portfolio.
Its another blue chip but not the one I find it stable because its a cyclical business dealing with commodities. Being a cyclical stock, you cannot judge it based on the PE which is at a screaming high of 30! It is now trading at 6 years historic low and very close to the Lehman Bro's price. Of course, this may not be a good reason to buy because the business is still not doing well. After I bought it, Noble nose dive to about -30%! Tough luck! and I thought it had stablised already :( Also its very much against the principle that I used to follow. But, its for the long term and it will be fine. I am collecting it as it is a blue chip listed in STI index and consistently paying out dividends for 10 years. Now, we just have to wait for its business to turn around :)

STI vs my portfolio

My portfolio ended in the negative region :(

PeriodSTIMy Portfolio (Realised)Verdict
Jan 20152.71%3.21% I win
Feb 20152.41%2.16% I lose
Mar 20153.31%0.62% I lose
Apr 20156.02%4.18% I lose
May 20153.31%3.84% I win
Jun 20150.90%1.14% I win
Jul 2015-2.41%-3.83% I lose
Total 17 stocks in portfolio

This month dividends start to dwindle abit after the bountiful harvest last month.
Checkout my Dividend history

Dividend Stock Tracker
I keep track of good SGX dividend stocks such as 10 years consistent SGX dividend stocks, REITs, Business Trusts, etc with real time information update. Checkout the link below:
Checkout my Dividend Tracker