18 August, 2018

Recent Transactions and Dividends: June to August 2018

The market has been restricting much upside gains but it is a good time to accumulate on the dips. As you guys noticed, I frequently change stocks to gain on price appreciation and sell them when limited upside is foreseen. This is my strategy as a young investor to build up capital size. The strategy will definitely change to a high yielding portfolio as I age to reduce the risk reward ratio.

Sometimes, my exit may be too early which is something I am still mastering. Like Peter Lynch wrote in his book, “It's easy to make a mistake and do the opposite, pulling out the flowers and watering the weeds". I believe my stock picking isn’t shabby but I am guilty of selling stocks too early at various occasions despite making profits.

Recent Transactions and Dividends:

June 2018     
Purchased: LCI Industries, Singtel
Sold: IRobot
Dividends: LCI Industries

-Profited from IRobot with a 20% gain ($80.50 - $67). After which, it continued to rise another $15 per share.
-Added more LCI Industries shares to my position.

July 2018                   
Purchased: UOL
Sold: UOL, Singtel (those bought in June)      

-Earned some pocket money by trading UOL and Singtel (non-contra)

August 2018
Purchased: ST Engineering, Alibaba ADR
Sold: Sanofi ADR, LCI Industries          
Dividends: Singtel
Sanofi was sold with a decent 9.6% gain. Finally, Singtel investors received some juicy dividends while taking current paper losses. Singtel is the only stock which I bought for my parents and my girlfriend to help them better fight inflation. The recent price drops do give me some concerns mentally but I believe the fundamentals are intact.

LCI Industries was trading widely recently and I have to let it go for now with only a 5+% gain. despite some hesitance. It may be a good thing since it is a pure cyclical stock. 

I have also purchased both ST Engineering and Alibaba at near key support prices using DBS Vickers Cash Upfront. This is my first time cash upfront is used buying a foreign stock, saving me additional brokerage fees.

Alibaba will be reporting their Q2 2018 results on next Thursday, 23rd August. So please keep a lookout if you are interested. Like many investors, we have great confidence in Jack Ma’s leadership and Alibaba’s vast business model: Lazada, Alibaba Cloud, TMall, Taobao, Zto Express, Yahoo China , Ofo Bikes etc. And recently Kroger.

I have updated my portfolio in this blog. While exercising control on my portfolio size, I will be watching shares of Alphabet, Sanofi, LCI Industries and a UK fast grower closely to take advantage when price is right.

*Ranking is based on portfolio size

Bumitama Agri will be issuing dividends on 14th September after reporting fantastic results along with Wilmar recently. 
Congrats to investors of both clans and let's await for some dividends. 

05 August, 2018

Monthly Expenses: July 2018

Total Expenses: $1,159.90

Family: $630.00
-Monthly Allowance for Parents: $550 (recurring)
-Mum’s birthday dinner treat
-Cousin’s 21st Birthday red packet

Utilities: $76.00
-Handphone Bill: $23 (recurring)
-Internet bill: $53 (recurring)

Food: $353.80
-Groceries: Instant coffee, snacks, cereals

Transport: $60.00
-Ezlink Reload X 2

Others: $40.10
-Household products: Bathroom soap, Tissue boxes
-WC, 4D and Toto bets: $27
-Haircut: $5

(Period: 26th June to 26th July, 2018)

Before reading the book "Your Money or Your Life", I have been tracking my expenses since the month of May 2018. As the months goes by, the revelations of where my money flows start berthing to the surface. While the steps in the book did instruct us to categorize each of our spending and investigate if they align with our life purposes and values, it may not be necessary for everyone. 

Expense tracking apps alone should be suffice for some people, especially those already frugal. In the recent pages read, the book also encourages us to talk to someone or blog about our money journey. This gives us a greater sense of responsibility and accountability.
So here I am. 

In July, the new expenses (birthday gifts/treats) under Family category are both non-recurring and well spent. No further efforts on my part to reduce them. It was an overall good month compared to the past. Due to the recent World Cup fever, I did wasted some money on betting in both June and July (along with 4D and Toto). 

But like the book says: No Shame, No Blame. Instead, it is a journey of reflection and realization. 

To further improve, I have started cutting down on the daily morning $1.50 coffee and switching to Essenso 2-in-1 costing only $0.26 per pack lol. (Get a free umbrella when you purchase 2 packs at once)

The weekly bets will also have to be further reduced. The cash will be better utilized on food and transport.  

Thanks for reading.
I hope that you are also making your own efforts on the money journey.