My Stock Report Card for Jan- Dec 2021 (Passed 2.6 Mil Profit)
US Stocks
SG Stocks
Total Passive Income Collected Between Jan – Nov 2021 : SGD 33,055
Total Profit / Loss from Sales of Stocks between Jan – Nov 2021 : SGD 0
Stocks added between Jan – Dec 2021 : Airbnb, Amazon, Coinbase, Crowdstrike, Didi, Fiverr, Grab, Paypal, Pinduoduo, Ping An, Palantir, SEA, Shopify, Square, Teledoc, Tesla, Unity, Upstart, Vmware, Zoom
Long Time No See !
Hello, it’s been awhile. Hope everyone is coping well in this never-ending covid saga. If you haven’t taken the jab, WHAT ARE U WAITING FOR !!! Many readers have beeped me privately to ask whether I am still alive so I thought I better drop by to say hello.
Anyway, despite the pandemic, my portfolio has finally passed the $2.6 million profit milestone. Last week was quite a roller coaster ride isn’t it. As you can see, I haven’t been very disciplined lately due to FOMO so I have been severely punished. Need to do some serious weeding in the coming months.
China Common Prosperity ?
Grandpa Xi recently rocked the market with the “common prosperity” ambition. Many of the interesting China IPOs, Technology, Education and Insurance sectors have been impacted. I found it sad that founders are punished instead of applauded for what they’ve done for their country. China is in fact the most successful digital transformation case study in the world.
Some of the western analyst have rated China as “uninvestable”. I am watching this space cautiously. Hopefully, grandpa wouldn’t take the extreme route and can effectively contain the looming property crisis. I also pray that US & China can find a peaceful way to prosper together.
What I have been listening lately :
Till next time, stay safe, healthy and happy !
Congrats & great to see your update! Very impressive! 👏👏👏👍👍👍
Thanks Lynn, hope all is well with you !
Hi Lady,
Good to see you’re well and updating your blog. It’s starting to grow moss already 🙂
Are you going to take some profits for your US Tech stocks in light of the fed tapering move and ATH valuations?
How much funds do you usually keep in your warchest to take advantage of bargain hunting?
Hi Robin,
Yes, will definitely be trimming away some weeds. I don’t really have a disciplined % in terms of warchest.
Just curious, are you still working? If I am you, I will retire already
Hi John,
How to make your retirement life as meaningful as possible is even more challenging than making the ends meet sometimes.
Agree!
Although I really looking for days that I can read peacefully and enjoy the life
Hi John,
Hope you find your peace and zen soon.
Which counters will you be trimming?
HI Xx,
Not sure. Still thinking.
Very impressive investing performance!
Well done!
Hi CreateWealth8888,
Thanks! Long time no talk. Hope all is well?
Wow! Congratulations! Glad all is well with you, and thanks so much too for updating. You are truly an incredible inspiration to me, thanks again for sharing your on-going journey!
Hi J,
Thanks! Let’s look forward to a covid free and Huat Huat 2022!
Hi any strategy to learn from you, in my portfolio i also have most of the stocks u own but don’t have the same result , most all in red except TESLA
Please advise thanks!
Hi S,
Well, having convictions of why you bought certain stocks and be able to hold it through when it’s in the red is what will make you the winner eventually. When you buy a stock, ask yourself, did u buy it coz someone told you to buy it or did you read up about the company and is fully convinced that the company is worth buying and holding on to. Next, when the stock took a downturn, ask yourself, did the story change? Are you still convinced that the company is still going to make it down the road? If yes, then you have nothing to worry about. Else, run and bite the bullet. Hope this helps.
Hi thanks for the reply. Very grateful that you actually replied. Actually, now that I am in my 50s, I’m wondering is it too late to follow your investment strategy. Any advice on how to grow up my capital through the stock market or any other ways while taking a more conservative approach.
Hi S,
Here are my suggestion
1. Ensure that you and your wife has maxed out the CPF SA account so that you get a guaranteed stream of income for both you and your wife as a baseline for retirement.
2. Understand how much you are spending for monthly expenses today and where are the fats. Can you cut out the fats?
3. Start working with your wife to define the kind of lifestyle both of you want for retirement and how much that translates into.
4. Understand your risk profile. Are you the kind who can sleep well when your portfolio drops 20-50%? That would determine the kind of investment you should venture into.
Hope this helps.
Hi, it’s good to see you update your blog. Your blog is our inspiration for me and my partner to invest for our future.
Hi Dominion,
Thanks for the kind comment. Wish you n your partner success in your investment journey.
impressive! did u get the passive via the dividends or capital gains?
Hi T,
Thanks! Dividends.
Hi there,
Congrats on your achievements!
I am always inspired by your posts. Hopefully we don’t have to wait another year to see another post of yours. What have you been up to?
Regards,
Gerald
https://sgwealthbuilder.com
Hi
I find your blog inspiring. I am still learning….. I am trying to work out a money management strategy to buy consistently.
1. How do you decide much funds to allocate between the US markets for capital gains and the Singapore market for dividends?
2. Do you dollar-cost average into the markets monthly or buy stock per quarterly?
Regards
Hi JK,
1. I don’t have a formula. If you look at my investment history (my blog is designed based on a timeline). I used to be heavily concentrated in Singapore stocks and dividends, however, I started switching to US and China after noticing that the Singapore blue chips are lagging in their transformation in view of competition. Now I hold two main portfolio – one for growth (US, China), one for dividends (Singapore)
2. Nope. I don’t do dollar cost averaging.
Hope this helps.
Oh man, Baba is a sad case. I hope it recovers soon.
Hi Cedric,
Ya man. 🙂
Hi Lady, I have two questions:
1. Why don’t you buy more ETFs (e.g. QQQ, VOO)
2. Given that your US holdings is around $3 million, why not cash out and invest it in REITs or safer options like bonds with a passive income of almost $200,000 a year if the dividend rate is around 5%?
Thank you!
Hi Jem,
1. I love analysing companies and seeing them grow as a business. It feels like I am part of their journey.
2. Why keep to 5% YOY when I can get 25% or more YOY ? I think it really depends on one’s investment risk profile as well as their phase in life. It differs for different people. To me as long as I can sleep in peace at night, that’s good enough for me.
Congrats! It seems like a bountiful year for lady 😀
Thanks Kai! Wishing you and your family a bountiful 2022 !
Lady,
Welcome back from the “twilight zone” haha.
Congrats on your big portfolio milestone!
Yeah this is the year of the Hawk (not tiger) — hawkish Fed! Tough for growth. Suspect will be volatile till the 2nd or 3rd rate increase later in the year.
US real estate & basic materials stocks still look strong. Consumer staples like P&G, Hershey, McDonald’s also seem to be holding up well. Basically those companies that having pricing power.
Hi Sinkie,
Thanks ! This is a roller coaster year I think :). Good luck to all.
SELL SEA!!! ITS IS GOING TO BE VERY BLOODY
Hi Chun,
Sure. If it helps you sleep well at night, why not.
SELL APPLE AND SEA!!! CRASH COMING
Hi XSXSX,
Sure. If it helps you sleep well at night, why not.
Hi, just wondering if you cut loss with the likes of upst and square?
Hi XXHH,
Nope. Growth stocks are for the long term. Cutting losses now doesn’t make sense.
hi. lycbf, just wanna ask do you hold bitcoin? and im quite amazed you can hodl stocks for so long. just one apple stock can make your portfolio the difference.
Hi cute boi,
I hold a very insignificant amt of crypto. :-).
Hi Lady, with the recent dips in FB and Paypal, are you planning to buy the dip on both?
Hi Dip-Buyer,
FB no coz I have quite many FB shares already. Paypal, maybe.
Hi Lady!
It has been a pretty wild ride for US equities, esp growth stocks.
I have 2 questions if I may:
1. Would you be publishing or at least shed some light on what’s your shopping list?
2. Have you started shopping already?
Thank you in advance and cheers!
Hi Robin,
1. Spoilt for choices. Still deciding.
2. A little.
Hey, its a good post i’ve seen, your content is meaningful. Thanks for sharing such post. Best Investment Plan In Singapore
Have you stop blogging?
Hi K,
I am taking a sabbatical 🙂
Lady,
Was suddenly wondering if you’re still in this world heheh.
Hope the last 1+ year wasn’t too tough on the portfolio.
At least the end of Fed hikes seem to be in sight. Probably a mild-to-moderate recession later this year, but that’s ok I think.
Hi Sinkie,
Am still alive 🙂 but a bit caught up with life.
Hi lady, just checking will you still be sharing updates on your investments? Thanks!