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Wednesday 25 December 2013

Overview / Reflections of ST Portfolio 2013 .


Overview of ST- Portfolio 2013




Courtesy of Portfolio Tracker from investmentmoats.com

Vested- 1 lot of ST Engineering  @ $3.79.  ( Strong fundamentals , solid blue chip with U.S dealings)

Divested - 5 lots of Freightlinks @0.105  ( now known as Vibrant Group ) loss of $180 . ( Apparently Freightlinks Express had renamed to Vibrant Group . Not a good sign in my own opinion as it has been in affiliation with one of the " Mega Church " in Singapore though interest of 6% per annual  had been charged through borrowings and substantial shares of  Suntec Reit might indirectly benefit the growth of Vibrant Group . Fundamentals of Freightlinks in 3QR were disappointing  , and focus of shift towards from logistics to invesments and properties had prompt me to cut loss .)


Valuetronics might be the best investments so far i had made during august with price of less than 20 cents and cost on yield of 7.60% .

Personal Self Reflection

It has been a "tapered " year with news of tapering spreading like wild fire in 2013 and finalised in the upcoming months which we are going to enter in year 2014 .

"Taper Breakdown
The Fed’s purchases will be divided between $40 billion in Treasuries and $35 billion in mortgage bonds starting in January, down from $45 billion of government securities and $40 billion of the home-loan securities it’s buying each month now."http://www.bloomberg.com/news/2013-12-18/riskiest-retail-bond-spreads-widen-credit-swaps-hold-before-fed.html
I had finally achieved my target set of 10k portfolio ( All right this is very very small compared to many other peers here ) , well it's still an achievement for me .

Peers in my bloglist had really taught me alot with aspect not just interms of investments but also life, philosophies ( Uncle CreateWealth , ASSI & SMOL ). Through blogging , it has enriched my knowledge .

To end with a quote by Bruce Lee : “All knowledge leads to self-knowledge.” 
― Bruce LeeTao of Jeet Kune Do


  Last but not Least , Merry Christmas and Happy New year to All . Huat la !!




Monday 2 December 2013

10 Reasons That Stopping You to Be Rich

Just Chanced upon this article featured on Yahoo ( http://sg.finance.yahoo.com/news/10-reasons-youll-never-rich-050001764.html )

The title captured my attention and here it goes  :

10 Reasons You'll Never Be Rich




1) Spending too much. 
2) Saving too Little.
3)Carrying too much debt.
4)Paying too many fees.
5)Passing up free money.
6)Neglecting Retirement.
7)Buying High and Selling Low.
8)Retiring too early.
9) Buying everything new.
10) Not investing in yourself.


So how many points did it hit you on your spot ? 

Ps : on a side track , a quick update of my portfolio : Received Dividends (Oct- Nov 2013) : $21.26 (Cache Log)+ $19.60 ( First Reit ) + $ 25 ( Freight Links  now known as Vibrant Group ) = $65.26

Total Dividends Collected  ( June - Nov 2013 ) $108.74 + $65.26 = $174