STE's Stocks Investing Journey

This is the 3 rd company in my portfolio being privatized after Sim Lian and ARA Asset Management .  I have blogged about “ The Good or The Bad “ of privatization before ( here ). As I mentioned before “  Whether privatization is good or bad for shareholders, I’m sure it depends on your  entry price   and in the eye of the beholder.”

What is Bitcoin ? image credit to coindesk.com (from Wikipedia ) Bitcoin   is a worldwide  cryptocurrency  and digital  payment system  called the first decentralized  digital currency , as the system works without a central repository or single administrator. It was invented by an unknown person or group of people under the name  Satoshi Nakamoto   and released as  open-source software  in 2009. The system is  peer-to-peer , and transactions take place between users directly, without an intermediary. These transactions are verified by network  nodes and recorded in a public  distributed ledger  called a   blockchain .

image credit to todayonline.com.sg CPF-IS has been hot and never-ending topic since DPM Tharman made a comment in 2016 that “ the scheme was not fit for purpose “ because over the last 10 years, more than 80 per cent of those who invested through the scheme would have been better off leaving their money in the CPF Ordinary Account. He said that over the last 10 years, more than 80 per cent of those who invested through the scheme would have been better off leaving their money in the CPF Ordinary Account since the Ordinary account still gives the member a 2.5% interest.

Finally, one of my favourite and top Behavioral  Economist Richard H Thaler from University of Chicago won the 2017 Nobel Laureate in Economics , joining another top behavioural economist like Robert J. Shiller and   Daniel Kahneman   in the list of Nobel Laureate. He has been recognized by much insightful research link to the economic decision and psychology like “ Endowment Effect “ and “ Mental Accounting “ and also a writer of many best-selling books in economics and behavioural finance.

One of the reader email me and asking about the idea of attending an investment course which cost him a few thousand dollars. I am quite reluctant to give advice in this regards as I never attended any investment course before and not sure about the useful and effectiveness of such courses. For me, investing is a long learning journey and one need to read extensively and learn from your own mistake not just sitting in the classroom for a few hours or days , listening to some “experts “advice or slides presentation on how to be a successful investor.

In stocks investing, you probably heard about the “ growth stocks “, “dividend stocks “, “large-cap / mid-cap “ or “ blue chips “ etc .. and depending on your “desired and expectation” of the ROI of your investment, you may choose what kind of stocks to be included in your portfolio. For most investors, I am sure you would have included some “income stocks “ into your portfolio as part of the diversification, and also hopefully dividends can keep the value of your investment rising even when market performance sours.

image credit to trackinsight.com Time flies, It has been more than a year after my first published of STE Smart Beta concept and bench-marking against STI Index. FYI, I have started my STE Smart Beta on 28th Aug 2016 with a capital of $100K with equal weighted investing in 14 stocks which fall under the criteria of PE<10 or Dividend Yield >5% . You may find the detail in this link ( here ).