Tuesday, 1 August 2017

Random talks and thoughts

Person A: If (paint a beautiful picture), then you can (do what I want)?

Miss Logical: If it is something that is NOT happening now and may not happen in future, how can I do (what you want)?

IF is based on the assumption that something may happen. Excuse me, but I am talking about the situation NOW.

---

Person A: When (paint an ideal scenario), then you can (do what I want)?

Miss Obstinate: Err... how is that different from just now the 'if...' that you said?
Ok nevermind, so WHEN that happens then you tell me to go and do ok?

---

Person A: I will give you A, B, C, D... (dangle candy).

Miss Tell-me-now: *roll eyes* Yeah that only happens now when I want to say goodbye.
Thank you but no thanks.

***

Sunday, 23 July 2017

When patience is essence

Don't over-analyze news but they are good to know.
Price movements and trends are not for show.

Every blues chip has its prime.
Albeit all at different time.

Waiting and waiting is no fun.
We shall see when will the bull cease its run.

***

Sunday, 18 June 2017

Why I don't play in overseas stock markets

Despite home biasness and possibly missed opportunities by only investing in SGX stocks, the big deterrent for me to dabble in overseas stock markets are the additional costs of trading and holding the foreign exchange's stocks. See https://the-international-investor.com/international-stockbroker-list/singapore-stock-broker-list

Trading commission + nominee service fees (custody fee, admin charge etc) + FX fee + withholding tax on dividends

And of course... I am just too lazy to monitor other markets. If I want foreign market exposure, buy shares of companies with stakes overseas lo.


Can anyone convince me otherwise about buying stocks from overseas exchanges?



Friday, 26 May 2017

I work best when my boss is not around

Why?
  • I can work at my 'own time, own pace' at researching, planning and implementing new projects, rather than having to keep fine-tuning things that are already in place.
  • I get motivated by stories and visions. Less so by money and in-between kind of power. Anyway since I am not doing sales, technically speaking, I have less 'rights' to ask for higher pay / monetary rewards.
  • Boss likes to micro-manage and correct things down to the details, so there are often draft after drafts.
  • Boss likes to change his mind frequently.
  • When I am stressed with too many little things (multi-tasking over stretched), my work efficiency drops as I will then 'forget things'.

People don't quit because of the job.
People quit because of the boss. 

Sunday, 14 May 2017

OCBC repurchases share from market

"Oversea-Chinese Banking Corporation Limited (SGX:039) commences share repurchases on May 9, 2017, under the program mandated by the shareholders in the Annual General Meeting held on April 28, 2017. As per the mandate, the company will repurchase up to 209,124,917 shares, representing 5% of the issued ordinary share capital. " 

That may be one of the reasons why its share price was heading up in the past weeks. Its price was downhill when I bought, finally it is making a turn. In one of my previous posts I was lamenting that I should not have reinvested my dividends as shares. Lol.

DBS has shown a fantastically whooping >20% increase in share price from last year.


 Is it time to eat the cake? Hmm...

All I know is that we can never get our timing 100% right, if we are 70-80% right that is already very good hit. Even when I time my entry to DBS I also didn't manage to 'buy at the lowest'.

Buy LOW, sell HIGH. The logic is very simple. Yet somehow we seem to have guts and gut feels that defy the brain's logic.

Some MA and MACD for you?

 --
DBS disallows the transfer of money to Vickers on Sunday. Yikes, irritating.
Nevermind, let's move on to get some inspirations on a Sunday. TGIS :)


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