Author: Of Bulls And Bears

Recent Transactions – July 2019

Today, I am here to share on some of my recent trades. Singtel has been doing well lately but its P/E is getting on the high side at 18+. All eyes on its Ex-dividend date on 26th July. • Sold some Singtel shares to finally reduce my exposure. Still holding the bulk of it.• Traded on UOB, with a 7.4% in profit.• Traded on Capitaland, with a 10% in profit.• Traded on Sandfire Resources, with a 6.6% in profit. As you can see, I am once again on selling mode and keeping cash on hand. About half of my...

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Should one take CFA in hope of a career change?

The CFA journey is well known for its grueling journey. Being unsure if I should embark on the same path, I went to see what people were saying on the forums. Many shared the same doubt if they will regret doing so despite the high recognition it will provide. Few of the writers who passed CFA has zero financial backgrounds when they just started out (some are even Chartered now) At the same time, they shared their extensive studying schedule to let us know what we will be signing up for.  From what I read, it feels like we...

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The past months had been the worst of my life

In the past few months, I hardly had the mood to do anything or even to live. It is not just random negativity.To make it short, my fiancée and I had broken up when our wedding is supposed to be held this year end. Last year, she voiced out that she is not ready to get married and that we will not be happy together. (There was no 3rd party) It may sound like a joke that our love still exist but we realized what she mentioned was rather true after further months of trying. It is unbelievable that...

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Why I hardly invest in Reits

Reits are popular in Singapore. And there is nothing wrong owning some of them.I personally have not held any Reits for a while (mostly due to point 2 & 3 below). This does not mean that I am not currently looking out for them because I see no harm holding a small substantial amount to diversify. Below are the reasons why I minimize holding Reits: It is better to have Reits when we have large capital to capitalize on the given yield. 5% yield on $4000 is mediocre but 5% yield on $40,000 is something. In other words, I...

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Broadcom- My New Favorite

Once again, I got rid of Alibaba and this time at a small profit. The cash is then used to purchase Broadcom shares. I have always longed to own a semiconductor company and finally picked up Broadcom.Coincidentally, Broadcom (Avago) was one of the highest volume customer in my previous job among other tech companies like Dell, AMD, Apple, Keysight etc etc.Probably a waste not leveraging on my work exposure then? There has been fears that over 20% of Broadcom’s revenue come from Apple but they are slowly moving away from their reliance on Apple (despite their already diversified structure).One...

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Dilemma on Rebalancing

30 Year Old target: Hitting $100k net worth I realized that I have not updated my 30 year old target after passing this milestone back in 2018.  The update is I did not manage to hit $100k net worth but instead only achieved $75k.  Funny enough, I am not upset about the miss. I have tried my best since becoming aware of things.  With time lost, there is only more pushing to be done in the upcoming years.  I just have more rebalancing to do in life to reach my long term goals pertaining to net worth. Rebalancing of...

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Portfolio with the year ending 31-12-2018

2018 has finally come to an end. I used the word “finally” because it was not a particular good year for me. There are struggles in life as usual, or perhaps what we tend to perceive as problems ourselves. Overthinking? We really need to learn to take more deep breathes, stop and admire the big blue sky above us to remind us how small our problems are in this majestic world. I know 2018 may be a good year to some people and friends out there so it is not all bad. Today is the first day of 2019,...

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Pre-Year End Updates

Merry Christmas in advance! Another year is coming to an end now. It is unsure yet if 2018 will be a better year in terms of the financial markets but life sure is better this year working for a better company compared to 2017. Work life balance sure makes a big difference. Hope it was a better year for many of you too. To find out if 2018 was a better year to my money, I shall follow up with a final post to summarize my performance and the good lessons learnt. Associated British Foods was removed from my...

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Stopped loss and Reduced risks

With the downside risks presented in the world, I am switching over to the defensive. It may be a time when doing less is doing more. (time spent on stock search can be minimized due to most companies being somewhat cyclical) Recent Actions: -Stopped loss on Alibaba at around USD 144; I would take it that losses are taken from previous profits and admit my mistake of owning an overvalued company (who says bloggers only share on their profits?) -Took profit on Sandfire Resources as mining industry is partially cyclical -Added second batch of SSB to build on interest...

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Portfolio Update: Added Associated British Foods

This will be a short post, following my long analysis on Sandfire Resources last week. I have just added Associated British Foods (ABF) from the the FTSE 100 Component into my portfolio. This is the name behind the budget retailer Primark, the Twinings English tea and the famous Ovaltine drink. It is a conglomerate dealing with 5 main business segments: Sugar, agriculture, ingredient, grocery and retail. While I am aware that Brexit decision largely looms and ABF is exposed to its operations in Europe, shares are selling at a compelling price after my due diligence. Over the years, revenues and dividends...

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Portfolio Update: Added Associated British Foods

This will be a short post, following my long analysis on Sandfire Resources last week. I have just added Associated British Foods (ABF) from the the FTSE 100 Component into my portfolio. This is the name behind the budget retailer Primark, the Twinings English tea and the famous Ovaltine drink. It is a conglomerate dealing with 5 main business segments: Sugar, agriculture, ingredient, grocery and retail. While I am aware that Brexit decision largely looms and ABF is exposed to its operations in Europe, shares are selling at a compelling price after my due diligence. Over the years, revenues and dividends...

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My Analysis on Sandfire Resources

Overview Sandfire Resources NL (ASX: SFR) is a copper-gold exploration company based in Perth. Listed on the Australian Securities Exchange (ASX) in 2004, Sandfire Resources was later added in the ASX 200 index in 2010 (not to be confused with ASX 100). Their Copper-Gold mine, DeGrussa, has been one of the best finds made in the history of Western Australia and has since been serving Sandfire Resources with good revenues. The company is being categorized as a Small Core company by Morningstar despite it being one of the largest copper producers in Australia. Main Projects Australia: DeGrussa Mine ,...

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My Analysis on Sandfire Resources

Overview Sandfire Resources NL (ASX: SFR) is a copper-gold exploration company based in Perth. Listed on the Australian Securities Exchange (ASX) in 2004, Sandfire Resources was later added in the ASX 200 index in 2010 (not to be confused with ASX 100). Their Copper-Gold mine, DeGrussa, has been one of the best finds made in the history of Western Australia and has since been serving Sandfire Resources with good revenues. The company is being categorized as a Small Core company by Morningstar despite it being one of the largest copper producers in Australia. Main ProjectsAustralia: DeGrussa Mine , Monty...

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Hedging My Investments with SSB

I have started to hedge my investments by selling Bumitama Agri to park into the “risk-free yielding” Singapore Saving Bonds (SSB) and getting some exposure to gold. The thought of hedging came as well after Wall Street reached its longest bull run history. Despite on-going positive GDP growths, unknowns can be dug out anytime and public investors like us will likely be caught off guard. Unless one can be confident that such warnings will be revealed to them in their life or profession before things happen, the overall risk is not really worth it. The current question in our...

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Hedging My Investments with SSB

I have started to hedge my investments by selling Bumitama Agri to park into the “risk-free yielding” Singapore Saving Bonds (SSB) and getting some exposure to gold. The thought of hedging came as well after Wall Street reached its longest bull run history. Despite on-going positive GDP growths, unknowns can be dug out anytime and public investors like us will likely be caught off guard. Unless one can be confident that such warnings will be revealed to them in their life or profession before things happen, the overall risk is not really worth it. The current question in our...

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