Thursday, July 11, 2019
I plan to offload DBS by September or October this year. This is also the plan for the rest of my portfolio. My thinking is that any upside for 2019 will be limited, and we should go into cash for 2020. This is the 3rd year of Trump's presidency and stocks tend to perform well. Going into year 4, we should be cautious as the most important country in the stock market, elects its new leader.
Posted by Singapore Stock Picker at 11:29 AM
Thursday, July 4, 2019
In the foot steps of most fund managers, I have decided to close my old portfolio and start tracking the portfolio as if it is new. I will compare my stock performance with the STI as of 4 July 2019. Currently my portfolio comprises
- Hong Leong Finance
Will update when necessary.
Posted by Singapore Stock Picker at 2:11 PM
Wednesday, July 3, 2019
Yesterday, I sold my 7 lots of shares in F&N. After a holding period of 56.6 months, I suffered a 36% loss, mitigated partially by the dividends received during the period. Looking at my portfolio, it now consists of Delfi, Hong Leong Finance and Colex. A quick back of the envelope calculation shows that I am just slightly ahead on my capital. That is, after more than 10 years of investing, I am back at the starting point and this means I performed worse than leaving the money in a savings account. Reorganisation will be coming soon!
Posted by Singapore Stock Picker at 4:01 PM
Wednesday, April 17, 2019
It has been more than 6 months since I last posted and I even lost my adsense account! Now that the dust has settled me (I think) I should be able to start posting on the renovation, the wedding, my watches and hopefully some investments. I have had to use up my cash to pay for the two big ticket items and will need to start saving again to hit my target. Watch this space.
Posted by Singapore Stock Picker at 10:26 AM