Author: Rainbow Coin

Bonds in my portfolio

What’s the latest fad now besides FIRE? The akan datang SIA bond! I just realised that I hardly mentioned anything about bonds in my portfolio. FYI they have been playing a rather significant role in stabilizing my investment portfolio, especially in times of market volatility. In fact, at this point in time, half of my paper assets are in bond (gasp! surprise, surprise…), so you can see how much I value them. And definitely must give them credit for helping my Multiplier Account to multiply $! Lol. My proud bond collection: 10 years SGS bond at 2.63% (Oct15) 10...

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A short break

I took a break from trading, investing and everything finance related for the past couple of weeks. The trading break was just at the time when the S&P and China stocks (like BABA) rallied like never before since the start of the trade war. Oh well… what have I missed. Anyway, I have concluded that I do not have the psychology nor temperament for swing trading. Period. And my conclusion about investing after these few months is that… We always miss the bigger picture and couldn’t quite tell when bad news are actually good news for bargain buy instead...

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Emotion and Action

Same goes for investing, managing our finances and everything else. To be aware, does not mean we will act and to act tends to come with an inertia. When we have too many emotions in conflict with each other, we would also hold off our action. Despite trying to be all rational in deciding on our investment and trading actions and be as emotionless as we could, the one factor that really triggers us to click the button is emotion. An emotion, when strong enough, makes us carry out our next course of action and make decisions. The emotions...

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10 rights, 6 wrongs

Revisiting 6 rights, 2 wrongs a previous post that I have written in 2016, this is an update 2+ years since: What do we see? That I have learnt my lesson. Now 10 rights, 6 wrong. Overall gain for equity portfolio = 8.09% It would have been 12 rights have I not sold my YZJ holdings a couple weeks ago (@ $1.25, ugh!) and M1 still on board (took up the offer to release at $2.06). I have no multi-bagger. My overall gain is modest… so nothing to brag about here. If I have known which are the stellar stocks,...

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Revisit: Share price woes of Keppel Corp

An update Current share price: $6.10 Stellar earnings no longer stellar… but getting “staler”? (consolation, at least 18’s results are better than 17.) One of the big culprits of my 2015 portfolio massacre. I must have been quite stupid to buy it again at $6.82 last year. Now must wait long long for it to slowly recover… Post below first published on 7/3/2016 “Keppel Corporation announced earnings results for the year 2015. For the year, the company reported net profit fell 19.1% to SGD 1.52 billion, with its fourth-quarter results hit by a SGD 230 million provision for the...

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Revisit: A few good inspirational quotes

Don’t succumb to the Monday blues. – Andre Gide  Man cannot discover new oceans unless he has the courage to lose sight of the shore. – David Mahoney  Trust your hopes, not your fears. – George F. Tilton  Success is never final and failure never fatal. It’s courage that counts. ——————————————————– To achieve something, we just need three steps: 1) Set your goal 2) Plan your actions 3) Do it Sometimes along the way when we are tired, think of something that can motivate us and push us along. When we are afraid, summon our courage but be prepared...

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Book review: Gone Fishing with Buffett

This book is totally to my style and I finished reading the book in just a few days. Sean did a good job of putting Buffett’s (dry) investing principles into layman terms by mean of a story. This makes it easy to read and is pretty entertaining. The story talks about a young man befriending a mysterious old man at a jetty and getting to learn about value investing from this folk (whom you guessed, is the imaginary Mr Buffett).  If you have the slightest inkling about what is value-investing, this book serves as a refresher of all the...

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Revisit: Shopaholic no more

Maybe it is innate that many shopaholics cannot resist anything that looks pretty on the shelves or has a discount tag on it. Besides earning money and making money work hard for us (our income stream), controlling our expenses and saving up are just as important (limit cash outflow). Here are eight quick tips on how to overcome your impulse purchases – Need vs WantAsk yourself if you really need that item before you buy – 3x. Think about what you already owned and if those items are functioning the same as the one you are about to buy...

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Abundance in the city and waste

It’s time for Chinese New Year spring cleaning again. Whenever such occasion comes, my void deck’s lift landing would be filled with an unsightly mess of household items and furniture thrown out by the residents. The variety ranged from plants, stationery, dining chairs, tv consoles, to even Phua Chu Kang’s boots (yup the yellow ones)! Many of those household items were worn and dirty but they still seemed to be in working condition. While I look at these items, uncontrollably, images of third world countries suddenly flashed by in my mind- where people stay in makeshift huts, children have...

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What’s moving the US market

Time to read some news again to understand the driving factors behind the roller coaster since end of 2018, and the ride is still rolling. Dow tumbles more than 600 points on Apple plunge, rising fears of an economic slowdown China economy endures bad start to 2019 as private data highlights weakening manufacturing sector China confirms ‘proactive and constructive’ US trade talks in Beijing next week Dow jumps more than 700 points, propelled by Powell’s comments and a blowout jobs report   Dow closes up more than 700 points after blockbuster job report and Fed rate fears ease  ...

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Articles to kick-start year 2019

The Year 2018 in Review: A Mountain of Question Marks Why 2019 could be very good for stocks, after worst year in a decade ———– We don’t know what 2019 will bring for us but we should keep ourselves well-prepared, whether be it for the bull (war chest for fire) or the bear (get ready to short or move assets into defensive sectors).  I ended my last trade of 2018 with a measly +$6 (my pair trade was overly in sync). My 2019 trading objective is simply not to make the same disastrous mistakes that I have made this...

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Technology

Technology is fast changing standards and making waves – even for sports. [embedded content] Human chase technology to chase human.  A decade ago, we couldn’t seek the kind of perfection that we seek now. All thanks (or no thanks) to technology. We are also seeing how technology advancement impact the trading scene through algorithmic trading. Developed markets are moving faster and at higher volume.  How to keep pace with machines? For retail investors who have no access to sophisticated trading machines, we shall rely on our own “voodoo”, own “poison concoction” and /or “investor idols”.     (>.<)...

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The bad luck moments

I was paper-mopping (with those dust wipe sheet) the floor in my room and was too lazy to move my mini tea table out of my way, thinking that I would just watch out. As expected, in my haste, my mop handle knocked against the table edge and overturned my drinking cup. Non-chalently, I took the cup to the sink to wash. In the midst of washing, the cup handle came off and I cut my finger on the ceramic.  What bad luck. I should have been more careful right. These are the things that happen when we lose...

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Year end reflections for 2018

I have been caught up with work, social activities, my favourite Korean shows and reading / trying out fluffy trading stuff lately. Guilty of not blogging enough, as it can be difficult to create unique topic to blog when my focus is on digesting new information that others have put up and… there isn’t much hype to talk about lately. Just a wrap up for the year – 1. Started a new ‘old job’ I have mentioned somewhere in my earlier post that after about 2 years of venture in an SME, I have rejoined one of my old...

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Candlesticks

What have I been busy with? I guess picture says a thousand words. I have been reading up about candlesticks lately. What an art! It can be combined with trend-lines and momentum indicators like Stochastic or MACD to give buy/sell signals. The chart I marked above did not have inclusion of momentum indicators for the sake of simplicity. Candlesticks are remarkable tool for identifying reversal points. As with any kind of indicator, it cannot be 100% as sometimes the patterns do fail. Nevertheless, possible reversal points can be alerting for us to observe and confirm the price action that...

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