Diversity is strength, especially in the world of investments. Of course, there are people who have done well in their investment journeys by focusing on a few companies. Unfortunately, I am not one of them. My initial stock picks in SGX, the local banks, did well. My subsequent investments (even those in blue chip companies)…
Category: Investment
The Issue with Rights Issue
Over my investing career, I have encountered quite a number of rights issue. I still remember during the GFC when DBS did a rights issue of about $5 per share. I was lucky enough to subscribe for 1 lot. That really paid dividends (pun intended). I wrote recently about the SIA rights issue so I…
A Voracious Reader
I enjoy reading all kinds of books. Well almost all kinds. Fiction, non-fiction, autobiographies and what have you. During the past 4 months when I was working from home, I managed to read about 30 books. This is in sharp contrast to the first quarter of the year when I only managed about 10 books….
A $100k look into Covid-19
The Covid-19 pandemic has provided some opportunity in the stock market. That said, no one can call the bottom and most people agree that the world economy is in for a rough ride over the next couple of years. As a long term investor, I am aware of both sides of the rhetoric. Are you…
(Still) A Great Way to Fly
Airlines around the world are facing their greatest challenge due to the Covid-19 pandemic. Airports are as good as shut. Aeroplanes are parked and not flying. Singapore Airlines (SIA) is not spared. In fact, it has taken drastic steps to survive. Management has taken paycuts, pilots and other crew are on no-pay leave (voluntary or…
This too shall pass
As I am typing this, markets are tanking around the world. My stock alerts come faster than I can reset them. My portfolio hit new lows everyday. It’s normal to panic and run. But like most situations in life, it may be better to pause and think before you act. It seems like the end…
“Be greedy when others are fearful”
Wise words from my shifu WB. Well, even he has to cancel his annual shareholders meeting in Omaha due to the Covid 19 situation. I have started deploying my $$$. My portfolio is down 30% currently but I suspect we have not seen the worst yet. Bought some bank and oil-related stocks to average down….
A Sobering February
I didn’t manage to write any new post in February. I need to apologize for my tardiness. I went Down Under to visit a friend and his family in Sydney. Took advantage of the CNY holidays. Went to NZ South Island thereafter for 10 days. Everything started well enough. There were hints of the Covid…
Warren Buffett
To accelerate my FIRE journey, I started reading books on investment. I was and still am a voracious reader. Of the many investment gurus I have read about, WB has the biggest influence on me. Despite being one of the richest men in the world, he leads a normal, some say, frugal life. He still…