STE's Stocks Investing Journey

  One of the reader PM me about the remaining 20% of my portfolio which I didn’t highlight or put up in my previous update on Dividend & Portfolio Update :1 st Qtr 2021 ( here ) because I think those are quite small positions with just 20% of total value in another 30 stocks. In this quick update, I will just attach the chart of my total holding plus small change in my portfolio composition. I have added another Tech /growth stock in my portfolio – JD.com , another giant E-commerce ++ other than Alibaba , after seeing the stock dropped by around -29% from the ATH (all time high) achieved in Feb 2021. Since I have both giant China E-commerce company (with combine market share of more than 70% ) , okie, either one success , I am also happy. But why not PDD – Pinduoduo Inc .   (which dropped more than -43%) and with the remaining 7.5% market share. Of course, we know that PDD’s growth story is more promising where its’ active user had surpassed Alibaba recently but both...

  Market continued the upward trend and rebounded strongly in 1 st Qtr. 2021 with STI Index up by around +9%. With improving economic situation and more good news on economy recovery and the progress on vaccination, “old economy “stocks like bank, Oil & Energy, Consumer staples are having a good run recently while the Tech or growth stocks having a pullback due to increase in US 10 Years Treasury Yield. As I mentioned in my previous blogpost ( Volatile Market: A New Normal ), the pullback might just be a temporary “dip” in the market as market still being “flooded” with so much of liquidity, money just   moved around from one sector to another sector or so called "sector rotation". Increasing 10 years bond yield (or interest rate in general) might also be the good news for banking sector as this may improve their NIM while FED remain committed to keep the short-term rate "ultra low" for foreseeable future.   Is Market Valuation Still Cheap Now? I am no...

World stock market continued it strings of volatile trading sessions recently when 10 Years Treasury Notes hitting 1.5%, a sign that FED is going to increase interest rate in near term due to higher “inflation expectation “post pandemic as economic is going to restore back to Pre-covid 19 level.  <Image credit :GuruFocus.com>       For me, it seems that the yield curve is just returning to normal level / pattern with upward slope and higher rate for long term treasury notes as compared to exceptional “ Inverter Yield Curve “during the pandemic. The short-term rate (1-5 years) remain extremely low and accommodative as mentioned by FED. The 10 Years Treasury rate mainly use to determine the mortgage rate and I think is quite healthy if rate is a bit higher than short-term as to indicate the risk on long term mortgage loan, also to avoid more speculative move in housing market. I am not sure if this increase of 10 Years treasury note will benefit the bank...

  GameStop the Market: Big Bets on Stock Make Wall Street Look Like a ‘Casino’ <source:casino.org>     The biggest bets made over the past couple days haven’t been placed in a casino on the Las Vegas Strip. Instead, the action’s taken place on Wall Street, as a group of stock traders on Reddit have aimed at hedge fund traders, who have made high-stakes wagers that businesses like GameStop and AMC Entertainment would stumble . The Stock Market is a Fun Casino <source:ritholtz.com>   The stock market works  as if  people were investing money in companies; some indirect mechanism ties the secondary trading of stock to the allocation of capital.  1   And of course in the limit companies  can  raise money by selling stock. So buying stock is  like  investing money in a company in exchange for partial ownership of its projects, and the amount you should pay for a stock is basically the discounted prese...

Walking regularly is one of the easiest ways to improve our mental health, as well as helping us to stay active during this lockdown period. I try to set a target of walking 10K steps/day and so far, this month I only missed 4 days which did not hit the target. Stay healthy and continue doing exercise during this pandemic is also a way to improve our health problems, such as increasing obesity, depression, infections, and cardiovascular diseases etc. This pandemic has also changed the way we do exercise as we are not allowed to do certain sports which required body contact in a large group like soccer. As such, I still prefer walking in a small group of people, slowly to enjoy the beautiful scenery around us. Although in Singapore we don’t have the Alps like snow-mountain or a huge national park in the USA, but we do have few reservoirs and smaller parks around us for us to walk around and relax, if you try to explore. Would like to share some photos taken at these “reservoir...