Stocks Update

Added another counter to my portfolio. Bought 3 lots of SATS (Singapore Airport Terminal Services) ! I strongly believe that with the arrival of terminal 4 airport in Singapore, it is definitely a good time to buy now although it would be much better if I had came on board earlier.

So my current portfolio as below:

Stock	No. of Lots
OCBC Bk	1
SembMar	1
M1	3
SATS	3

I am not sure if I will be adding SIA Engg to my existing counters that I have as the price is kinda steep now. Maybe when it goes down below $5. Plus I don't wish to own so many aviation stocks either.

Kep Corp is another counter which I am keeping close tabs on and if price drops further, I will certainly buy some as the dividend payout of $0.30 cents is quite good.

Euro Update

Closed my long EuroUsd far too early today at 1.36 for 45 pips gain. Gosh the price went up to 1.3645. The Euro looks to be trending north but I have open a Short (with a tight SL) for the correction to 1.36x area before adding longs.

Cheers.

Pleasant Dividends Surprise from M1

M1 Special Dividends Day!

A whatsapp message came to my mobile yesterday from my friend Ah Pang. He knew that I had bought M1 shares recently and shown me a screenshot announcement from M1. I read it and it was indeed sweet.

Guess most of you have already heard about it. Barely 2 weeks after I bought the M1 stocks, they yesterday announced a special dividend payout of 71 cents this year, on top of the final dividend payout! That would mean a 4.3% yield from the amount that I paid for.

Not bad for a start! But now I have to treat Ah Pang as he is asking for it.

Research is King. Luck will always be Luck.

My First Stocks

Woo hooo I can trade stocks now. Been doing so much reading on stocks that I have neglected my FX time. Doesn't matter since I usually only spend about an hour at it everyday.

Added 3 stocks to my portfolio:-
1. OCBC Bk (1 lot)
2. SembMar (1 lot)
3. M1 (3 lots)

I have always wanted to own shares in a telcom company and after doing some research, M1 certainly has the potential to grow among the 3 telcoms in Singapore. Besides, it is the cheapest to buy too haha! The rest was based on my mom's recommendations. She is pretty strong in picking stocks so I'm just trading with confidence for OCBC and SembMar. Hopefully I can see their price move North this year!

I will be looking to add more counters in the near future.

The next step is try adding some aviation stocks to my portfolio at a later date and so far I have shortlisted 3 companies - SATS, SIA Engg and ST Engg. Still feel they are pretty pricey at the moment and price may have a chance to drop further. Besides i haven't read much on each of the individual companies yet or seen the charts.

Research is King!

Investing in High Yield Stocks in SGX

I have decided to open a stock trading account after contemplating for quite awhile. Went down today to the broker's office to filled up the forms and wala it was all done after 15 minutes. Hopefully, I will be able to start accessing the trading platform in a week's time.

Is it a good time to acquire stocks now? I am sure this question is lingering on many people's mind. Guess I have already miss the train during the 2009 - 2011 period where stock prices were so low. Well life is not all about looking back but forward.

For me, I am pretty sure I will be discipline enough to just stick to blue chip stocks in the SGX and leave out penny stocks for the time being. I will be walking down the path of the dividends strategy by buying high yield stocks (minimum 4% dividends payout). Will share with everyone what I have bought once I can start trading.

I read my horoscope and it says 2014 is a good investment year for me (ha yeah right!). What an excruciating wait!

Back to Blogging, like finally

So I stopped blogging for quite awhile as I wasn't motivated to update regularly. However, one of my 2014 resolution is to renew the interest to constantly write about my trading journey. So here I am, back to this place after 2 years and yes I have decided to reopen this blog for everyone to read about my thoughts. Take care and wish all success in 2014.

Cheers

Thanks to FOTM

Make about 100 pips today from shorting cable as well as the FOTM announcement which saw the EURO plunged more than 60 over pips. It has definitely been a great trading day these 2 days. Will try to update more often.