Total Passive Income Collected Between Jan – Mar 2019 : SGD 19,392 ( 4,924 from Dividend, 14,467.38 from Structured Notes)
Total Profit / Loss from Sales of Stocks between Jan – Mar 2019 : -$812 (M1)
Stocks added between Jan – Mar 2019 : None
It has been a rollercoaster 4 months. We are back at the all time high range. I am again in this to sell or not to sell mode. Lucky for me, the structured note that I bought last year managed to expire this month without any glitches (A very close shave!!). This structured note experience taught me not to blindly follow yield. The cash that I used for this structured note were meant to pick up bargains during the bear market. Instead, I almost had to pick up equities at a relatively high price due to the structured note equities basket and totally missed picking up bargains during December. Alot of my friends were caught up in the hyflux incident, which once again reminds us to diversify and not let yield cloud judgement.
Total Dividend Collected between Jan – Dec 2018 : SGD $ 29,634.
Total Profit/Loss from Sales of Stock between Jan – Dec 2018: SGD 6690.18
Stocks added between Aug – Dec 2018 : Ascendas Reit
It’s been a long time since I’ve updated my blog. Of course I’ve gone into hiding since the market tanked during Nov – Dec 2018 ;-p. To be honest, I was planning to sell off before Christmas to lock in some profits but Fed chairman Powell decided to celebrate Christmas earlier than anticipated so I was caught off guard. Although I have created quite a decent growth portfolio which I still think is worth keeping, seeing it tanked so drastically within a month or two wasn’t pleasant. I was definitely riding the wave of euphoria and guess it was a good wake up call for me. Those who have followed me closely over the years would probably have realized now that my biggest weakness is S.E.L.L.I.N.G.
As I get older and after going through market volatility, I am beginning to wonder whether I need to start diversifying my portfolio beyond equities. There is a time for wealth accumulation and there is a time for wealth protection. Maybe it’s time for me to be more open to alternative instruments available in the market.
BTW, Hyukoh is finally coming to town this month. See you there !
Recently, a blogger wrote a post to declare that Poly kids (including his) have no future in Singapore and that their private university certificate is not going to get them anywhere. Thus, they are better off skipping that useless private university education, get into the workforce early to start earning some income to create their passive investment portfolio. After which, they should perhaps migrate to somewhere cheap and live their lowly lives there. Singapore has no place for them.
Since I am a graduate from poly, I thought I should write a post to console his poor kid and many other soon to be poly students, uni rejects, and parents that their life is NOT over in Singapore.
I graduated from one of the top JCs in Singapore. Thus, not making the mark into local university was quite an unpleasant experience. I’m glad my parent didn’t have the internet or social networks to rant on then :-p. The only wise choice was to go poly and later did I realised this was the best thing that ever happened to me.
#1 Find your passion
The beauty about going poly is that you get to pick courses you truly enjoy. According to a study by talent firm Awn Hewitt, Singapore employees are the least engaged in Asia. Why is that so, maybe this has to do with our education system. Everyone is just studying to fulfill a certain score which hopefully gets them into a seat in the local university. Thus, when our graduates get into the workforce, we are just working for a salary and hoping to eventually reach the top of the ladder. It may not be what we truly loved or enjoy, thus least engagement.
I noticed that whenever I had gatherings with my JC mates, I would be the only one excitedly talking about the work that I am doing and dreams. They seemed pretty miserable and unmotivated with their work.
#2 The world is your stage
After poly, going into a university is still a wise choice. You can either opt to enter the local universities (2 years, I think) or overseas university(1-1.5 years). Our poly has affiliates with many foreign universities (typically UK and Australia) where you get exemptions to complete your study, For example, it only took me approx 1- 1.5 years to finish my studies. Your certificate is the same as any normal graduates from that foreign universities and these universities can be pretty well-known and respected within their country or even worldwide. In fact, I remembered during one of my early interviews with an MNC, the hirer actually commented that I came from a good university and he was from the other side of the continent.
The experience staying and studying overseas will change and transform you. Your world becomes bigger and your ambitions are not just limited to Singapore. That was the difference I saw between me and my JC mates. I was constantly trying to get myself posted all over the world. Their world is always Singapore, Singapore and Singapore. I think this may have changed recently as our local university graduates now have exchange programs.
#3 Your career has nothing to do with that paper after the 2nd move.
The only time people looked at where you graduate from is during your first interview. After that, nobody cares unless you’ve written a really lousy resume or you graduate from Harvard or Stanford or you are trying to get into the government or research units.
The Singapore government has a system that really discriminates poly graduates. I was working in a government agency for 6 months to earn my university school fees. They have different ladders for different class of graduates. If you are a first class honors or above, you have a special path where you get a mentor to groom you up the ladder. If you are anything below and degree graduate, you are just a worker. If you are poly graduate, you will never reach the level of a university graduate regardless how hard you try. It’s a completely different promotion ladder altogether. I am not sure whether this has changed. So poly graduates, don’t waste your time there.
#4 The future is for the creators
One of the beauty about studying in poly is that it’s very hands-on and practical. They have projects that really prepares you for the workforce and challenges your creativity. With the upcoming 4th industrial revolution, I believe that the creators and innovators are the winners in the future workforce.
BTW, do you know that the Carousell Founder Quek Siu Rui and Creative Founder Sim Wong Hoo graduated from poly?
If it consoles you further, I am a woman. According to statistics, I am suppose to earn 18% less than man. If you scroll through my timeline, you will see that my first pay check was only $2,200. My poly education didn’t stop any local or MNCs from hiring me. In fact, I even managed to secure an expat contract overseas.
My income so far has been decent (I don’t think I earn much less than my JC mates) and I think my journey so far has been very fruitful and fulfilling. If I were to turn back the clock, I would still pick poly + foreign university over local university.
One more thing, please do not skip university to earn income to build a passive investment portfolio and always listen to Crazy Rich Warren Buffet, “You should never borrow to invest in the stock market”.
I hope this post gives the soon-to-be poly students, uni rejects and parents some perspectives. Your only limit is YOU.
Total Dividend Collected between Jan – Jul 2018 : SGD $ 16,068
Income distribution in Jun and Jul came from Frasers Hospitality, Aimsamp Cap Reit, UOB, Mapletree Industrial Trust, Mapletree Logistic Trust, OCBC, NikkoAM STC Asia Reit, PingAn Insurance, Bank of America, Tencent, Intel, IBM, Microsoft.
Total Profit/Loss from Sales of Stock between Jan – Jul 2018: SGD 6690.18 ( Structured Note Knock Out, Intel, Tesla btw Jun – Jul ).
Is everyone enjoying the roller coaster ride in the markets ? I’m not :-p. Every stock that I owned seemed to be a headliner lately – Tesla, Intel, Apple, Facebook, Twitter and Tencent ! Even Keppel is suffering a double whammy from the latest property curb and the ever so volatile oil prices. Thanks to Grandpa Warren Buffett, my US portfolio managed to still grow despite all the negative headlines ! I took the chance to add more Frasers Hospitality, Tencent and PingAn during the market dip. I decided to let Tesla and Intel go because although I love Elon for his vision, he’s getting alittle out of hand with Twitter. As for Intel, I am a little spooked by the china micron ban, lack of leadership (no CEO) and competition from AMD.
I pray for a more peaceful Q3/Q4.
This is what is keeping me sane lately …
Best Relaxing Piano Studio Ghibli Complete Collection 2016 - YouTube
Note : This is not a sponsored ad or product endorsement. Any commercial arrangements between the merchant and the consumer is not the responsibility of this site. Also, Durian season starts 28th June, thus orders & delivery will only be available from 28th June onwards.
Total Dividend Collected between Jan – May 2018 : SGD $ 12,686.14
Income distribution in Apr and May came from Nikko Asia Ex Japan Reit ETF, M1, ST Engineering, SGX, Keppel Corp, Starhub, DBS, Sabana, Capitalmall, Suntec, Keppel Reit, Mapletree, Apple, Citibank, Bank of America,
Total Profit/Loss from Sales of Stock between Jan – May 2018: SGD 5414.10 (Structured Note Knock-Out, Lion Philip S-Reit ETF) .
In the past months, I added Ping An Insurance, Tencent, Alibaba during the market dip and sold away Lion Philip S-Reit ETF. There’s alot of volatility in the market and I am definitely not a fan of using tweets as the art of the deal. I learnt that the biggest challenge with a growth portfolio is managing noise in the market and keeping zen.
What better way to keep zen than listening to Hyukoh’s new album launched just 2 days ago :-). The Singapore reits is undergoing a downtrend, let’s see whether I can pick up some bargains to rebuild my passive portfolio. In the meantime, safe investing everyone !
How did a small entertainment company like BIGHIT with only 1 idol group beat the profits of 3 KOSPI listed companies that hosted a number of very popular groups ?
If you look at the numbers, SM brought in the most revenues but is unfortunately not profitable. BIGHIT although has the least revenue is far more profitable than any of the Big 3.
When I googled “Why do you like BTS“, most of the fans highlighted that these are the key attractions
2. Stage Presence
3. Great Choreography
4. Creative Team (Storytelling / Alternative Universe MVs)
5. Active Social Media Engagements with Fans
6. Relatable Lyrics (Youth Growing Pains)
Some quotes from a fan, Heather Lee :
From their song Am I Wrong:
“The world’s goin’ crazy. And you? How bout ya? You think it is okay? I really don’t think it is. Even with ears, there’s no listening; even with eyes, there’s no seeing. A fish lives in everyone’s hearts – Its name is SELFISH SELFISH”
From their song Baepsae:
They call me a try-hard. Our generation has had it hard. Hurry, chase ‘em; My teachers were born with it all. At my part time job, it’s “all for experience”. At school, there’s the teachers. My superiors use violence. In the media they go on about ‘the generation that’s given up.’”
From their song N.O:
“Dreams disappeared: There was no time to rest, it’s a cycle of school, home or an Internet cafe. Everyone lives the same life; students who are pressured to be number one, live in-between dreams and reality.”
“Who is the one who made us into studying machines? They classify us to either being number one or dropping out; they trap us in borders, the adults; there’s no choice but to consent. Even if we think simply, it’s the survival of the fittest.”
However, I believe that their ARMY (or, Adorable Representative M.C. for Youth) fanbase are the ones that really pushed them to the global stage. The way the fandom operates on social media is AMAZING. They create a calendar of hashtag keywords that they wish to trend on twitter and it will start appearing in the worldwide and local top trend list on the exact day that they have planned. They even have twitter groups like “BTS ARMY Statistics” @btsarmystats , “BTS Voting Team” @btsvotingteam and “BTS_on_Billboard!” @BTS_Billboard which keeps track of all their tweets, retweets, vote and view counts across all the different social media platforms and music charts. I’m not sure whether there’s any digital agencies today that can be as dedicated, coordinated and effective as them. Their hard work resulted in BTS topping many music charts worldwide and winning many music awards. They overtook Justin Bieber for the Billboard Music Award for Top Social Artist in 2017. They even earned a Guinness World Record 2018 for the most Twitter engagements for a music group.
Source : @BTS_Billboard
The ARMY are also an extremely creative group when it comes to content creation. If you do a simple search on youtube, you will see a huge range of entertaining and sometimes high quality contents. I thought the MV analysis made by the fans were extremely deep and impressive. Probably could be used as teaching aid materials in class. Never thought one could analyze an MV like that. Here are some samples :
Fascinated, I decided to take a peek at the quarterly reports of Twitter to explore whether BTS were responsible for expanding Twitter’s international user base and helped them achieved profitability for the first time in Q4 2017. Apparently, BTS started gaining worldwide popularity during their release of The Most Beautiful Moment in Life, Part 1 album launched on April 29 2015. Looking at the user growth charts, there were 12 million new users added to Twitter between Q2 2015 to Q4 2017. With BTS gaining more exposure in US and launching new album in Japan, I will be keenly interested to see whether that would significantly influence this growth
Source : Twitter Quarterly Results Presentation for 2015, 2016 and 2017
There were talks that BIGHIT might launch an IPO. If they do, they probably should do it in the US. Looking at the way ARMY is ran, who knows it might become the biggest IPO in history.
Let’s celebrate this day by cheering a Singapore lady who always speaks with her heart during budget every year!
“We are a nation well-versed with fear as a motivating force. We’ve come very far in surviving as a country by not ignoring our fears. But it is not the only emotion worth listening to. Fear alone cannot bring us past a space of surviving into a space of thriving.
When I live-poll youths in JCs, polys and ITEs about what is one word they associate with the future of Singapore, you know what word consistently emerges as the biggest on their word cloud?
It’s the word – “Uncertain”.
So yes, I think we have definitely succeeded in engraining in them the message of our vulnerabilities. I think they got it.
The emotion of fear while useful can become uninspiring and paralysing as a mood. Our youths are hungry for a new certainty.
And that certainty can only come from the promise of a new story, a story of a Who and Why that is bigger than the sum of our fears about What and How.
Our youths need to hear the greater story of all the things we want to do for love – not just fear. A story straight from the heart of every leader in the land about all the meaning that money can buy – not just for ourselves but for each other.
At some point, we need to discern when to stop operating in fear that the bottom will fall out of Our Singapore Story.
There is a time for fear. And there is also a time for courage
– courage born from the fire of fighting for our ideals – to simply say in the face of fear:
We have enough.
We are enough.
It’s time to let more of us have enough too.
In that space of sufficiency, we shall find our satisfaction.
I do see the Finance Minister’s heart for the people. I support his openness to finding new ways forward and his courage to make hard choices.
I hope the Minister and the government can work together with a new generation, idealists and pragmatists alike, to help them dream of a better future that they would be proud to call their own.
Snippets from Shiao-yin Kuik Budget 2018 speech “The True Cost of Living” –
Here’s my favorite speech from her during the last Budget.
NMP Kuik Shiao Yin's passionate speech about the poor... Well Done! - 01Mar2017 - YouTube