Sunday, January 29, 2017

My Realised Capital Gains After 8 years in the market Is Near Zero

Recently, I mentally tabulated a number of my stocks that I have sold, or suspended, or privatized… And the grand total of capital gains (dividends excluded) among all these realised gains is near zero… :(

Granted, there were a number that were due to mistakes made as a newbie in the stock market. The stocks offhand that I recall:

Review of 2016 and on to 2017

I haves meant to put this post out at the start of 2017, but was delayed by the birth of my princess and preparations for CNY.

I have not really been reviewing my portfolio and stuff since 2014. Looking back, re-reviewing myself, and writing on the blog, actually holds me accountable for my own progress, as well as being a chronicle of my past decision making, be it good or bad.

I wanted to restart this blog with a different focus, but haven’t had the time to do it. Procrastination had set in, along with a myriad of excuses (Which shouldn’t be there in the first place).

First thing, I realised recently that this blog had been extremely useful for myself to track my past purchases, and the reasons for it. What I know today and what I know then is very different, and I cringed at some of the purchases I made in the past.

Next, while I have grew very little in terms of portfolio value over the last 2 years, upon reflection, I realised my cash had gone significantly into
1) Wedding preparations.
2) Housing
3) Shared portion of car loan and misc expenses
4) Baby preparations
5) Purchases of various wants (this amounted to quite a fair bit)

Tuesday, November 15, 2016

Slacking from a 300k+ to 350k+ Portfolio

I realised that it has been a year since I wrote the blog post on my 300k + portfolio (and had it briefly mentioned in the Business Times -.-" )

Over the past year, I have been slacking. Real slacking. By slacking, I really mean I was not working as had as before when I first graduated. Then, I worked 70~80 hour weeks. Now? Probably 20+ hours

AND I have been spending lots.... some for good reason, some just for wants.

I am blessed to still have a portfolio that grew a little.

So... I did a trackback to check on the cashflow....

Tuesday, November 17, 2015

Disciplined savings for cash sucking events in life, and not just create an emergency fund

Cash sucking events does not mean emergency funds, but emergency funds will help in allievating cash sucking events.

My definition of cash sucking events is pretty huge, and it's probably a wider definition as compared to just what emergency funds can do.

I list some examples of cash sucking events below

1) Marriage
2) House
3) Baby/Kids
4) Medical Bills
5) Parents' Medical Bills
6) Business
7) Car? Not a necessity but it increases convenience if you have old parents or baby kids who may need to be rushed to the hospital anytime.
and more

I don't really like the idea and concept of just emergency funds, or maybe the more commonly accepted idea that it is for emergencies only. This is especially the case for younger people.

And in my opinion, many emergencies could be covered somehow by adequate insurance. House damage? House insurance. Car accident? Motor insurance. Medical emergencies? Medical insurance. The list goes on. The rest of my thoughts does not apply if you do not have adequate insurance cover.