I am a like broken clock. I am right only only 2 times a day. I am calling the recent poor market a correction. This is because there was a correction from April 2018 to October 2018, a bear cub. The way ahead until 2020 should see more gains than losses. Once we enter 2020, I expect more downside and I believe portfolios should move to cash heavy allocations. Current holdings DBS Colex Delfi ..read more

Videos have been circulating showing mature people of at least 54 years forming long queues at Huawei stores across Singapore on Friday. They wanted to get their hands of one of the sets that usually retails for $200, at $54. This was part of Huawei's marketing campaign for the period leading up to Singapore's National Day. Predictably, supplies were short and those who queued for long hours were ..read more

If you bought an expensive watch thinking that it is a great investment, you probably have been duped. This is because not all watches can appreciate in price. Rolex is probably the only brand that has consistently appreciated in price over the past five years and can appreciate over the next five years. This is because of the brand has been great at marketing, stimulating demand for its watches ..read more

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 ..read more

At the end of 4 July 2019, the portfolio is 79% Singapore shares Delfi DBS Colex Hong Leong Finance 21% cash Onwards and upwards ..read more

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 Colex Delfi Hong Leong Finance Cash Will update when necessary ..read more

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 ..read more

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 ..read more