History Lesson from Young Warren Buffett on 1962.

 History Lesson from Young Warren Buffett prior to Kennedy Slide 

( Flash crash ) on 1962.

Back ground information of the slide in 1962 
http://en.wikipedia.org/wiki/Kennedy_Slide_of_1962

This had spurred me to think what were the effects be for the role change from Ben Bernanke to Janet Yellen at end of this coming month. 

Will History repeat itself in another form or association ? 

Small Time , Big Plan 2014

So .....

There's a saying " You fail to plan , you plan to fail. " Many Organisations would like to act on  this ( having constant KPI .) ,but there are many cases where you have seen them over planning things and the outcome is undesirable due to unforseen factors and circumstances . 


Well ,  the only constant is change i would say .  So as above what's the game plan for Small-Time in 2014 ? 

Small-Time would like to adapt the plan of  " Do nothing , React accordingly ." Further more , Mr Market would not always adhere what you planned , and perhaps chances of him thwarting your plan too .


Small -Time would like to advocate more time on building general knowledge in things he is interested in and also training himself up physically as an "Old Soldier " for his upcoming In-Camp Training .


Small -Time would too pay attention to the Mr Market as in the following :

1) Abenomics (http://en.wikipedia.org/wiki/Abenomics)
2) U.S PMI , Job Employment , Unemployment , Properties.
3) China Shadow Banking (http://en.wikipedia.org/wiki/Shadow_banking_system)
4) Local Straits Times Index news and information 

Small-Time would like to target S$100 dividends per month  in 2014 .

Lastly , would you share with Small-Time " What's your/the plan in 2014 ? "

 

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 Lee, Tao of Jeet Kune Do

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