Takeaways of a 22 Year Old Investor (2018)

Season’s greetings and happy holidays to everyone! It has been awhile since i last posted, and today i am here to wrap up this frenzied year with a few important takeaways that I’ve learned.

What a horrid and traumatic second half of 2018 it has been. When the bull market raged on in the early half of this year, i had plenty of doubts and my intuition was screaming at me to sell for a small profit. However, greed and complacency restrained my hands.

With that said, that essentially caused me to currently be sitting on a – 6% portfolio loss.

Current Holdings:


For me, 2018 was a huge portfolio transformation. I sold and added many different counters, and these 7 (excluding Singapore Savings Bonds) are what i am left with. Singtel and City Developments Limited were impulse buys, are my current biggest losers, and are also my biggest regrets hahaha, you’ll understand why in my next few paragraphs.

Takeaway #1 – Research before Action 

Common sense yes? But easier said then done. When i first started out investing, i was scrupulous and fastidious in my research, be it qualitative or quantitative. Naturally, as time went on, i got lazier in my homework and occasionally i’ll find myself making purchase actions on a counter i had not even done much research on, just because i told myself  “Oh Blue Chip safe la, can invest. Now price not bad.”  or “Property has always been a solid investment, let’s just invest now.”. You see, even though my S.O.P and rule has always been research first no matter what, i still managed to break this golden rule and this has costed me. When i bought into Singtel, i did not bother to do research, else i would have found out that TPG’s entry was impending, consumer business was dropping, and that Telcos were about to enter into dangerous waters. Similarly, had i done prior research before buying into CDL, i would have realized that the property market was slowing down and speculations about new measures were ubiquitous.

For 2019, i will unmistakably be sticking to my S.O.P and Golden Rule, so as not to embarrass and bring myself unnecessary losses yet again.

Takeaway #2 – Diversification

Only in recent months have i realised the ultimate importance of diversification. When the markets dived badly in recent months, my reits suffered terribly. Thankfully, i had a little cushioning in the form of ST Engineering and Raffles Medical, different industries. Just imagine if i had invested purely for dividends and thrown all my money into Reits and Trusts, i cannot imagine the damage.

For 2019, i will aim to further diversify myself. I agree that i am still too skewered towards REITs at the moment, and i’ll change that if the opportunity arises. My sights are locked on DBS , UOB, and Venture. I’ll continue keeping a close watch on the market and these counters.

Takeaway #3 – Averaging Down

I used to think that averaging down was an idea not worth entertaining. To me, there were only two steps. Buy at a certain price, and sell when the time is right. Nonetheless, when i bought CDL, the property cooling measures kicked in the week after, and CDL skydived.  I panicked at first, and was devastated with my poor choice of action. After some cogitation, i entertained the idea of averaging down and bought CDL once again, albeit at a smaller quantity. Although the price now is still below the two instances where i bought CDL, there was a period where it went above and i witnessed first hand how averaging down can reduce your losses / increase your profits.

For 2019, i will not shy away from the idea of averaging down. If the time and price is right, i will definitely buy again into the same counter to average down my price or increase my possible profits.

Thoughts about 2019

With heavy losses in my portfolio, increased expenditure due to university, and a gloomy outlook for 2019, I march into the new year with a plenitude of pecuniary concerns.

The critical importance of saving money has been imbued and drilled into me from a very young age, and i am eternally grateful to my parents for that. Financial literacy is imperative in our current economy, especially in Singapore. With no breadwinner in my family, i am relieved that i possess a small cushion of emergency funds should i ever need it, and i owe this all my years of savings and making wise financial choices.

I do not expect a smooth sailing 2019, and as a matter of fact i do expect dark clouds for the early half of 2019. Nevertheless, i am optimistic about the economy and markets for the latter half of next year, and will continue striving and endeavoring.

As my previous student has already finished her PSLE, i currently do not have any tutees and will therefore have to look for another prospective student to fund my daily expenditure in university.


I wish everyone here a hopeful and blessed 2019, we are all in this together. If you’re ever feeling down and out, just remember that you are not alone and what goes down, must come up 🙂

P.S: Does anyone have a good savings account with better interest rates to recommend? I’m currently a 22 year old university student with no monthly income.


Unfounded Sell-off?

Volatility and Uncertainty, these two words are perfect definitions of what the market has been.

Its been a busy 3 months transiting and settling down into university. Expenses have skyrocketed and income is now zero.

In my 4 years of investing, this has been the deepest red sea I’ve found myself swimming in. Honestly, i am trembling and am feeling trepidation. There have been many varying macro factors around the world, and there is a plenitude of negative consumer sentiments going around.

I too have been tempted to follow the herd in the recent sell-off, but once again resisted. Fundamentally speaking, my holdings should be largely unaffected. However, the unfounded and consecutive sell off has triggered a consecutive loss.

Personally, i am at quite a lost as this is a first. With about 80% of my assets in equities and stocks, my financial situation is largely dependent on the markets. However, i am confident of holding on to my current counters for 5 to 10 years if i have to.

As I’ve not updated my holdings on the other page in awhile, these are my current counters. Singtel and CDL are the current biggest losers, nevertheless the rest are also in the red.

  • Ascendas Reit
  • Ascendas India Trust
  • City Development Limited
  • Singtel
  • ST Engineering
  • Starhill Global Reit
  • Manulife US Reit

What do you think of my portfolio? Also, what are your thoughts on the current market?

Concerns of a 22 Years Old Average Joe in Transition (ORD, University, and Stocks?)

In less than 2 months, I’ll be phasing through another major transition in life. From a soldier into a fresh undergraduate.

It has only just hit me just how much of a big change this is.

-No longer will i have additional time to pursue my side business and my language learning.

-No longer will i be unburdened by academic projects and the pursuit of excellent grades.

– No longer will i be able to enjoy free lunch meals.

– No longer will i be receiving any allowances from my military service.

Once again, I’ll be thrown back into the blood stained and beleaguered field of intellectual competition. I can’t say that i have not been waiting for this, and i can’t say that i do not look forward to university. But it’s just that having been in this state of semi-relaxation a.k.a potatoness for nearly 2 years, it’ll be a difficult change in all aspects. Mindset, financials, time management.

Currently, after book out i am not bounded by any deadlines, projects, tests, exams and i am free to arrange my schedule however i see fit. Be it seeing to my side business, continuing my language self study, hanging out with friends, reviewing my stock portfolio, continuing my online course module, i don’t feel stressed out and am not in a rush. I also don’t need to spend money on food if I choose not to as camp provides sustenance. This will all change once i ORD.

It’s also unfortunate to say that looking at the date now, the Scholarships i have applied for have most likely rejected my applications. I might not be having any financial support from the universities.

Just this morning i realised that in the past 2 months of lazing about in the topic of the stock market, my portfolio has turned even redder. In short, my position in Singtel and Starhill Global Reit has bit me hard and it hurts, the bleeding doesn’t seem to stop and both are seeing 52 week lows.


Although it is excruciatingly painful to look at the double digit percentage lost, Singtel is indisputably still one of the most liquid stocks in Singapore. I won’t delve into numeric data but it is the leading telco stock in Singapore that has it’s stake in several countries, unlike it’s counterparts. Furthermore, it has a robust and forward looking management that is always innovating.

Just recently Singtel’s CEO announced a promise of unchanged dividend for the next 2 years, and in 2018 Singtel declared a total dividend of 20.50 cents, its highest payout ratio since 2011.

Im inclined to say that a blue chip counter can be relied on but Noble Group is holding me back on this one. Nevertheless, i have faith that Singtel is still a leading stock counter that is set for a rebound, it might take 2-3 years, or even 5. But this dividend giving stock is one that is always innovating and i am placing my trust in it for the long term. Let’s hope that works out.

Yeap. So that’s Singtel in my opinion. These morning thoughts then led me to more concerns, it hit me really hard that i NOW have to worry about my University Tuition Fees and my Daily Expenses. Without my monthly NS allowance, and with significantly lesser projected time to work on my side business. I’ve calculated that I’ll be facing a mounting increase in expenditure that will tear deep into my savings. What’s worse is that a month back i spent another significant portion on the purchase of Raffles Medical. About 80% of my assets are currently in investments, any change in the market will significantly affect me and that is what scares me the most. But still, i know that this is the risk i accepted when i started investing.

Nevertheless, I’ll have to plan ahead and act now. I’ll have to do something about the impending marginal increase in expenditure, the contributions to my university tuition fees and the balancing of my stock portfolio. Ultimately I’ll need to cope with the change in schedule and lifestyle.

I can’t phrase this situation well enough, and i think this post has turned out to be more of a rant. But still i hope it gives you a little insight of the pecuniary concerns of a 22 year old who is transitioning into university.

Financial Worries of a Millennial in Singapore

Just this morning, China slapped retaliatory tariffs on certain US goods. Although they were not as damaging as the ones imposed by the US, we all know it is a warning.

The worst case scenario here will be for the US to hit back with another silly and unnecessary tariff action. With this tension about a potential full scale trade war happening, markets are dragged and everyone is on edge.

With my current counters already running red and not having made a recovery from the recent correction, i am frustrated and apprehensive about what is to come. And with that i zoned out for a good half an hour thinking about my current and future financial worries, which i am sure is aligned with the most Millennials in our little red dot.

As my parents are unemployed, i am currently paying for my monthly phone bills and expenses with my NS allowance. Since enlistment, i have also been hung up on saving money as my university fees will amount to about $50,000, not to mention the daily expenses i expect to incur there.

Going down the line, my pecuniary troubles and worries include the impending GST and Tax hike. This means that Singapore will only be more expensive to live in, and I’m sure we will continue to top the charts of the ‘World’s Most Expensive City to Live In” ranking. Ha. Ha. Ha.

As i plan to apply for a BTO flat in my third year of university, i do also have to worry about the down-payment etc. Of course, one of my largest concern is with regards to being able to find an appropriate job upon graduating from university.

In the form of a checklist, these are my financial concerns, and i reckon that most Millennials in our country have more or less the same uneasy feeling. We are afraid and we are anxious about the future. That is why i hope to prepare myself by being more financially literate and independent.

  • Daily Expenses
  • Phone Bills
  • University Tuition Fees
  • BTO Flat
  • Volatile Stock Market
  • Job Securing upon Graduation

I have left out the typical wants and desires of us Millennials such as fundings for holiday trips, sedan car, etc.

Understandably, different individuals have different worries. But i believe that these are the main shared concerns for Millennials, especially those belonging to my age group.

What do you think?

My First 100K

A good day to everyone!

As i tabulated my monthly expenses and assets yesterday, i arrived to the pleasant surprise of having achieved my first $100,000.

This amount comprises of my liquid cash and other assets. All in all, i have barely hit the $100,000 mark with just a few dollars to spare. One Macdonald’s meal will push me back down below the mark hahaha.

This achievement is only possible due to the unprecedented rise in the stock market for the past week, but still i am delighted with this milestone.

Nevertheless, I’ll not be complacent and will continue to strive even harder. Right now, this amount is a mountain to me and in it i see my blood, sweat, and tears. However, i too know in a few years or so, this amount will be quite menial.

I am also aware of the fact that my achievement can be easily wiped out with a change in market direction. It’s a risk i have to take, i am afraid but i will not waver.

At the age of 22, i realise that i am no longer too young to fool around and get caught up in my indolence. I have to step up and prepare well for what lies ahead in my future.

Currently, my assets are divided as such :

Stocks : 50%

Bonds: 25%

ETFs: 15%

Cash : 10%

Please feel free to share your thoughts and comments with me! I could really use some advice and opinion from your point of view.

P. S: I am unable to comment on any WordPress page except for mine, is anyone else experiencing the same issue?

A First For Me

The past week sure had everyone in a frenzy, and it seems to me that even though stocks have opened calmly yesterday and today, the cacophony of speculations are still more than capable of worsening things.

Yelp, it’s the first for me. Every single counter in my portfolio is in a sea of red, excluding CMT which however looks like it’s about to dive deeper.

I’m sitting on a paper loss of about 2.5K as i write this, can’t deny that i panicked and was flustered seeing such a drastic change in my portfolio.

What a harsh reminder to us that all equities can still put one in a tenuous position, especially for us neophyte investors who stepped in during the fervent bull market the past 2 years. (Me 😅😭😅)

I’m avoiding the urge to speculate and anticipate, as i can be quite impatient and quick to act. What i did over the weekend was to go through the fundamentals of my holdings once more, to reassure myself that i invested in them because of their solid quantitative and qualitative standings. I also reminded myself that i bought into these with the inwardly agreement that i would be happy holding on to them for 5-10 years. And as such, i did not end up selling any of my counters on impulse.

Im filled with trepidation, as i did put more than 80% of my assets into stock equities . So to those who are feeling the same way i am, with these thoughts running in circles inside that brain of yours: Should i buy into the diving counters? Should i sell now to reduce my losses? Should i act now? Should i wait a little more? Should i sit idly by and do nothing?

Calm down. It’s easier said than done but do try.

Lastly, although i did mention that i have trust in my choices, i am still a little worried about Singtel and Starhill Global. Both are counters in my portfolio and their outlook doesn’t seem to bright to me, with decreasing quality in their quantitative data. I will continue to strive and hope for the best.

Have you taken any market action the past week? Do share!

Portfolio Update (Jan 2018 Sell Transaction)

Good morning!

Back here for a short update on my portfolio and to talk briefly about my single sell transaction in January.

I apologise for not posting in awhile, really seems that i can’t catch a break. These past months have been really frantic and busy, and i feel like im already 30. 😅

I’m actually really amazed at the protracted bull market, the jump in prices for certain counters have really befuddled me. (Looking at you Reits and Banks) This, coupled with my depleted Warchest, has rendered me incapable of accumulating stocks for the past 2 months.

After holding on tightly for a good 1.5yeaea, i have finally sold my stake in OUE Hospitality Trust. Albeit being the counter with the smallest capital injected, it has given me the best returns so far, an astounding 28.5%.

Maybe you might ask why i am selling it now despite the forecasted increase in tourism arrivals and the bottoming out of hotel room supplies.

Well, firstly it is because the counter is at it’s 52 Week High. Though there is great potential for it to break upwards, i see a bigger near term potential for the price to fall first.

Secondly, the quantitative fundamentals of OUE H-Trust arent exactly favourable, i shall not elaborate on that but it is amazing how despite that the past 1.5 years have been nothing but a immense rally for this counter.

Lastly, i forsee myself requiring more capital for my next counter buy. And thus i have decided to capitalise and lock in my profits. If prices continue to rise, i shall have no regrets. But if they fall, i will give myself a pat on the back for a well timed sell action. 😂

How has your January been so far? Has it been an eventful one with lots of buying and selling?

Thank you for taking the time out to visit and read this quick post!