telling myself I should start blogging soon but procrastinated about it
all the time and 1.5 years like passed like that. Part of the reason why I
stopped blogging for awhile was that I committed most of my days at work,
including many weekends and I just wanted to do nothing when I reach home and
just wanted some rest.
the HK updates like weather report these days, since I loved HK and it’s my favourite holiday destination with no jet
lag and good food. Another reason why I have been keeping up with the HK news
was that I also invested in HK shares which started well this year but underperformed recently due to protests. The local market didn’t fare well either
these few weeks due to the uncertainty in US China trade war. There’s a saying
to be greedy when others are fearful; hence I have been trying to identify good
stocks which were sold off steeply.
start off with personal and portfolio updates.
same place, same job, same hobby, same height and weight etc. The only change
is that I have bought a car last month. I used to take public transport for
meetings and take cab/grab when I am in a rush. However, as my business grows, it
makes more sense to own a car. It’s an investment to my business, in a sense to
trade money for time. With a car, I can go for more meetings, contact my
clients and reply some emails along the way. During the weekends, I can explore nice food places which may not be easily accessible by public transport.
purchase it at the point in time. I bought Hyundai Avante 1.6S, with a 27k COE. My initial
plan was to get a Toyota because Japanese cars are always
known to be reliable; which costs about $97k but what stopped me from going
ahead was the prerequisite is to take a 5-year loan. A car loan uses the Flat
Rate method, the interest you pay is fixed based on the original principle.
Hence, I suggest not to be fooled by its low advertised interest rates but
focus on the effective interest. You can read more here: https://www.singsaver.com.sg/blog/car-loan-interest-secretly-double-seems
I went ahead with Hyundai Avante 1.6S with a two-year loan of $30k (because that’s
their min loan size) and paid off $50k.
on Singtel, SATS, First Reit, SGX, MicroMechanics, M1, ComfortDelgro and 800Super.
Total Value= $285,034
Reit, and UOB and increased my position in three local banks over the months. I still see much value in local banks as they are traded 1 to 1.3X book value, with dividend yield around 4% with less than 50% payout ratio.
equity portfolio. Moving forward, I will be focusing on US and HK stock market
for growth stocks and SG stock market for dividend income. For SG dividend stocks I am referring more to Banks and REITS.
trading fees (no min charges) and since then transferred some of my SG shares
which I planned to sell in the next 12 months.
Singtel late last year. I then sold away the shares which I bought, (yet I
still hold STI ETF). Now I am setting aside $1,000/month in DBS shares. At. It
is paying a dividend of, and with a payout ratio of, it is attractive in my
opinion compared to Reits.
on growth companies with long term plans to own about 15-20 US stocks. Most of
them are trading at high pe ratio, or no pe ratio at all as they are in their
stage of growth but loss making. Hence, I invested in small amount each time,
and plan to add them in batches during market correction.
know they stopped the monthly investment plan. I transferred my Tencent
Holdings Shares to Standard Chartered and the staff are kind to waive off the transfer fees.
decided to keep it that way.
too other than adding Xiaomi and PingAn Insurance. Looking at current situation in Hong Kong, I am having second thoughts if
I should continue investing in 2800.HK. I will update this again in the next
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