Wednesday, January 28, 2015

Keppel Corp trade settled and sold

To settle my Keppel Corp trade, I had so seek help from my friends and fortunately I have some good ones. Some things happened in my family and I was only able to sell the 3 lots today at SGD 8.36, netting me about SGD 611 or 2.5% return on the capital outlay. On hindsight, it was a lot of asking of favours for a paltry return (percentage wise). I guess the best advice I can give at this point is to trade in money you have and can lose. 
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8 comments:

  1. Money HoneyJanuary 28, 2015 at 11:45 PM

    Only in a crisis you will know who are the people truest to you.

    However, those rejected the much needed lifeline to you must have their valid reasons too ... sift through them with extra care.

    ReplyDelete
  2. Createwealth8888January 29, 2015 at 7:45 AM


    If your friends think that you are gambler in the stock market; they did the right thing NOT to lend you money.

    ReplyDelete
  3. Singapore Stock PickerJanuary 29, 2015 at 9:18 AM

    All that I approached loaned me the money. I just felt bad owing my friends a favour because ren qing nan huan.

    ReplyDelete
  4. AnonymousJanuary 29, 2015 at 2:40 PM

    Sorry for repeating my question, but I really want to hear your views.

    Looking at your posts on Jan 2014 and 2015, you do not seem to be beating the index. Why not just invest in index funds? Thanks.

    ReplyDelete
  5. Singapore Stock PickerJanuary 29, 2015 at 9:45 PM

    If i were to index invest, it wouls contradict the name and purpose of this blog.

    ReplyDelete
    Replies
    1. AnonymousJanuary 30, 2015 at 12:31 AM

      sure. but why bother if you are not able to beat the market?

      are you expecting to beat it through a longer time period?

      Delete
    2. Singapore Stock PickerJanuary 30, 2015 at 7:10 AM

      I may not have beaten the index in 2014 but i have beaten it in previous years (see performance reports). I may not beat the market in the long term, but in the short term, all is possible.

      To reiterate, my objective is to see if i can pick out winning stocks while accumulating a comfortable amount of wealth. However, as the portfolio gets much bigger, some of it will have to be invested in ETFs (50-60%). Unless of course I become a full time investor like GH Chua.

      Delete
  6. LizardoFebruary 6, 2015 at 9:27 PM

    Would you have done better holding the stocks for longer periods?

    ReplyDelete

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