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!

Portfolio of a 21 Year Old Boy Revealed 

Hello everyone! It’s been awhile hasn’t it?

The past few weeks have been reprehensively onerous for me, which is why i haven’t been writing as much. I’ve been so busy and tied down to my commitments, and am looking forward to a good break this Christmas.

Albeit without the time to write, I’ve still been a silent stalker and reader on many financial blogs. 😂 One thing i realised was that many younger investors like me tend to reveal much more of their portfolios, such as the entry price and invested value.

With that said, i’ve been thinking about doing the same for my readers and will therefore reveal and provide a deeper insight into my portfolio.

As of today, i am vested in 6 entities in the SGX.

1) Ascendas India Trust

Making up 19.87% of my total holdings, i’ve only recently bought into them on September 2017 for a total cost of $9.7K. Although the predictions for the economy of India was still fuzzy and negative looking back then, the fundamentals and quantitative analysis of the company was excellent and it gave me the courage to buy into them. Fingers crossed that the growth of this precocious stock will continue.

2) CapitaMall Trust

Undoubtedly one of the most prominent and reliable stocks in the Singapore market, ive had several buy and sell transactions with CMT. Currently, CMT makes up 19.41% of my portfolio with a total cost of $9.3K. Even though my warchest is helplessly depleted at the moment, I’m looking to collect more of this particular stock when the time is right.

3 ) OUE Hospitality Trust
One of my earliest investments, this stock makes up 9.08% of my portfolio. Because of it’s below par balance sheet, i was hesitant and only invested $3.8K. It’s funny how prices at times move in the opposite of their supposed direction isn’t it?

4) ST Engineering

Having only bought into ST Engineering last month, their downward plunge has caught both my portfolio and i by surprise (Looking at you too Singtel). Making up the biggest portion of my portfolio at 26.6% $14K, it’s a shame that it’s in the deep red sea. Nonetheless, qualitative, quantitative, and fundamentals wise, ST Engineering is remarkable and i do hope this will show soon enough in their prices. I also bought into this to balance out my then REIT skewed portfolio. Lastly, i plucked up the courage to buy twice into this stock as other than being heavily backed by Temasek Holdings, it has shown resilience during times of economic difficulty.

5) Singtel

Amounting to 13.2% of my portfolio, and costing $6.9K. I must admit i was overconfident when i bought into Singtel at $3.89. At that time, I believed that the risk and threat of the upcoming 4th telco and the steadily decreasing subscribers were all but priced in already. Regardless, i am still positive about Singtel as it has a more than salubrious balance sheet, is always looking for opportunities to partner and launch new initiatives, is the biggest of the 3 telcos, and is not solely based in Singapore. I would be perfectly fine holding on to my current Singtel shares for a long time.

6) Starhill Global Reit

The final holding in my portfolio, this stock takes up 11.8% and costed $6K. Albeit only having 2 properties in Singapore, and currently facing slight occupancy issues. I bought into this stock not only because of its sizeable interest rate, but because i saw potential for strong growth. Lets hope this one plays out well too!


I kick started my investment journey on 7th June 2016, when i was 20 years old. I wanted to start earlier but indolence got the better of me.

Hitherto, I’ve realised $3,200 in profits and have received $1,800 in dividends. My overall XIRR stands at 20.31%. I hope that i can continue to grow my portfolio in a ‘slow and steady’ manner. ⬆️⬆️⬆️

Thank you for taking the time to read, should you have any questions or insights to share, feel free to comment below and ill definitely respond accordingly!