Another month, another tracking.. 1/6 there to annual budget report. Exciting to fill up my tracker up tbh.. hope I'm not the only weird one.
Not Keen to Work
Life's short, make it more efficient!
Wednesday, March 3, 2021
Monthly Expense: 2021 February
Monday, March 1, 2021
Feb 2021 Dividend/Interest Update
Sunday, February 28, 2021
Trading Book Performance - Feb 2021 - Chaotic Market
The market has been thrown into a big turbinal due to rates move (interest rate movement) on the back of reflation concern. In very layman's terms, the world's interest rate (America) is increasing on the back of the economy reopening and thus interest rate has been shooting up higher and higher every day over the past week. This raised concern that growth stocks or US equities might have overrun thus a bubble that caused the big retracement.
Personally, I also got hit quite badly and if the equities market doesn't recover, it might just undo my Feb gains. You can look at the figures below where I am only sitting around 700USD gains. I've also taken a few fallen knives.
However, I am still very bullish on the US equities market but I am not keen to add any more at discount due to my margin requirement. Honestly, I am very risk-averse as I've made quite a fair bit of money (more than what I expected).
I expect this hike in rates won't be sustainable and also money will flow back into equities eventually. The central banks across the globe are also putting in efforts to keep the rates low.. so this might help too. Generally, I feel that the economy is too bullish in its recovery.
Let's see how next month will go. I'm currently heavy on options.. hopefully, the market will recover.
How are all your portfolio doing?
Cheers to month-end.
Thursday, February 25, 2021
Birthday Perks
Thought of compiling some birthday perks for the month as it is mine this month.. and hopefully will help you uncover some gem that you might have missed.
On second note.. it is quite sad for people to have birthday in February, the shortest month of the year.. meaning you get at least 1~3 days less to enjoy such perks.
Anyway, jumping ahead.. I've split these to a few categories so feel free to jump if the category doesn't interest you.
Personal/Finance
Tiger Broker (Gold Member) - 5 general commission-free trades within 30 days (birthday perks are the same across Silver/Gold/Ace, you just have to graduate from "Uncertified" trader)
Food
Paradise Group (Gourmet Rewards) - 2x rebate throughout the month, meaning a whooping 20% on the subtotal spent
Genki Sushi (Genki Club) - Birthday 20% off nett spend
Shopping
Shopee (Gold Member) - SGD5 voucher on min. SGD10 spending (I think Gold Tier is the only tier with this voucher)
Uniqlo (App Member) - in-store SGD5 off on a min. SGD60 purchase.
BHG (Member) - 20% Birthday Voucher (off regular price items) to redeem at the customer's service counter
Don Don Donki (Bronze Member) - SGD5 off on next purchase (no min. and only during birthday month)
Honestly there aren't much other noteworthy ones such as small promo from qoo10 etc.
Cheers
Wednesday, February 17, 2021
New Credit Card - Citi Cash Back+
Tuesday, February 16, 2021
Singapore 2021 Budget & Equities Impact
While the pending 2021 Budget statement is upcoming at 3PM today. What's interesting about this is that I stumbled upon an article covered by Bloomberg titled; Banks, Property Stocks Could Be Losers in Singapore’s Budget
Summarizing the article in short will be - STI will unlikely benefit from the budget.
While STI is heavily skewed in banks and real estate (REITs) names, these names are unlikely to benefit much from the 2021 Budget. One main reason will be how Singapore has already started to recover and function normally as an economy moving towards pre-Covid19.
The focus for the budget will be likely revolving struggling sectors; aviation and tourism. On the other hand, sectors that might help Singapore grow in the future will also be in the focus; technologies and green companies.
Some of such blue chips to focus on will be SATS, SIA, SIA Engineering, Genting Singapore, Jumbo Group, etc etc.
I might be looking to divest my portfolio from Singapore market soon, and look into investing in HK market for long-term as how Singapore has been very lackluster in growth. While dividend gains might be great but flat growth is very turn-off especially that my trading portfolio is growing at a faster pace than my investment portfolio. Or another way might be just divesting from some of the weaker names I have in my portfolio to high and stable dividend generator such as AREIT. Personally I am also looking to invest in REIT with a main focus in foreign exposure.
What's your take on long-term investing?
Disclosure; I am holding SATS and am looking to cut my position once it hits close to SGD5, bought it as a mid-term swing trade position knowing that airlines will eventually recover and SATS will be the first to benefit from it.
Friday, February 5, 2021
Alibaba News + Outlook
As of now, I am not holding any Alibaba positions but I did pick up some at the lows of USD221+ and taken profit.
Monthly Expense: 2021 February
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