STE's Stocks Investing Journey

image credit to michigan.gov Saw this blog post from my friend ( SG BugetBabe ) this morning : Has Obike taken your $49 deposit without informing you? It reminds me that I have actually requested the refund of my deposit from oBike  a few months back since I have switched to the other bike-sharing apps which does not require any deposit. I guess most of us will assume that the refund will be credited back to our CC in days or weeks times. Since it was just $49 and would opine that most people will just take things for granted that money shall be credited automatically to our CC, but in this case, I was wrong after checking all my previous CC statement. I try to login to their Facebook ( here ) and found out that I am not the only one facing such delayed ...many have since left their message ..... I have since written into OBike for further clarification and pending their reply... if you have requested the refund of your deposit from OBike , would s...

Market has been in a much more volatile situation in 2018 as compare to 2017 and the latest political & economic issues face by Italy is making the market looks riskier. Italy has been a problematic state among EU countries for many years. It ranks among the countries with the largest debt—around 2.3 trillion euros—and has been facing a double-digit unemployment rate since 2012. Italy could be the next Greece — only much worse from CNBC.com Growing tension in the Korean Peninsula and the potential trade war between US-China and US – Europe, no doubt has contributed to recent market volatility.

Yes, this has been one of the hottest topics recently “ Hyflux applies for court supervision to re-organize liabilities, businesses “ ( here ). Thousands of investors will be affected by this sudden collapsed of Hyflux, yes, including Me. Nobody knows how things will turn out eventually under this so-called “ debt’s restructuring “ but I think for sure it is not good for ordinary or preference shareholders who’s typically rank lower in term of debt’s seniority as compared to secured bank loans. Hundreds of millions of bond and perps securities holders will also be affected. In anticipating for the worst, I will need to write off   $114,675.44 from my books as I am holding 1270 units of their 6% CPS. Total cost = $117,816.81 - $3141.37 ( interest received on 25 th April) Enough of warning has been given by analysts, bloggers on the problems of Hyflux in servicing their loans ( including bonds/ perps / CPS ) due to the company’s inability to generate eno...

< Edited : 17 May 2018> Wow! another Non-renounceable Preferential Offering from Manulife US REIT ( here ) "The Issue Price of US$0.865 per New Unit represents a discount of approximately 7.9% to the volume-weighted average price of US$0.9391 per Unit for trades in the Units done on Singapore Exchange Securities Trading Limited (the “SGX-ST”) for the full Market Day on 15 May 2018." I still prefer the previous rights of "UNDERWRITTEN AND RENOUNCEABLE RIGHTS ISSUE, a  21.6% discount " ... but it seems that the " Non-Renounceable Rights " will be the new trend now. ... image credit to mrbachelorinvestment.blogspot.com < First published : 14 May 2018 > Recently, it seems that more and more companies are choosing to issue “ Non-renounceable Rights ” in an equity fundraising activities instead of “ Renounceable Rights “ . My friend “ B “from “ A Path to Forever Financial Freedom (3Fs) had just written a good ...

Interest rates increase was really a hot topic in the last two weeks since US 10 Years Treasury Note hits above 3% for the first time since 2014. The market also reacts negatively with full of comments on interest risk due to this increase. 10-year Treasury yield hits 3% for the first time since 2014 from CNN Money.com Why everyone is stressing about the 10-year Treasury yield from CNN Money.com “Auto loans, home mortgages, and other loans are tied to the benchmark 10-year yield. Investors fear that higher interest rates could start to eat into corporate profits and also signal that more inflation is coming.” This is why everyone is paying so much attention to the 10 years Treasury Note. Some even talk about “ Inverted Yield Curve “ ….

“Soon after I bought the stock recommended by my broker, its value dropped by half so I decided to cut loss “, sounds familiar right.   While investing in financial markets over the long-term is an excellent path to wealth, it’s not unusual to experience occasional losses as investment values go up and down, depending on market cycles . Every investors ever incur a loss in our investment during the journey, the point is, d o you keep track of your “realized gain/loss” on all your stocks’ transaction? Yes, I know, nobody like to mention or talk about their losses made in stocks as the “ Prospect Theory “ suggested in one of the famous behaviours bias i.e   “Loss Aversion”

image credit to trackinsight.com It has been quite sometimes I never update the performance of my “STE Smart Beta “ since the last one in Aug 2017 ( here ) .    You may also want to know what is “ Smart Beta “ ( here ), for those who are not so familiar with this investment / financial " jargon". Here is the latest update :