Monday, January 31, 2011

January 2011 Portfolio Update

January was supposed to witness the Capricorn effect. Indeed, the first few days of January registered a STI increase. I've read somewhere that if the Capricorn effect did not materialise, then the market would be worse off in the later part of the year. This happened in 2008.

The only change to my portfolio this month is that I purchase another 23 lots of AIMSAMPIREIT at $0.215 2 days ago to round it up nicely to 120 lots. Apart from that, I didn't see anything good for buying for myself. I'm getting more and more cautious at the moment, only entering very selectively. There's a time to buy, there's a time to wait, and there's a time to sell. To me, I believe this is the time to wait, to be excessively patient and cautious. While I believe markets can still rise, most stocks at this level have a low margin of safety as compared to before, so I would wait.

Sunday, January 23, 2011

Musings and Ramblings

Seriously, I have no idea what to write for this post, but I'm just rambling along.

Much as I would like to have a more relaxing 2011, Jan 2011 turned out to be a crazy month so far. I had so many things on hand.

As my dividend investing strategy continues, I realised that my cashflow gets better over time. While having achieved a $1.1k average monthly dividends does not ensure retirement, it does give some form of flexibility if I ever want to strike out on my own. Given my current circumstances, if I were to remain in my current state, I could retire if I want to right now, giving the occasional tuition and doing the occasional trading.

But I'm not going to do so. Why? It's not really about money, although more would be nice. It's about my passion, it's about what I want.

Why do I teach tuition? I really find it fun, but that's only one side of the equation. The best reward comes from successfully turning a failing student into acing the exam! The most recent example would be my 7 O level students with a score of 2 A1s, 3 A2s, 1 B3 (had expected an A2), and 1 B4 (from failing). It's a feeling of euphoria that I can't really describe with words when I know that these students who ace their exams were once lacking confidence, scoring badly, and looking for me to help pass their exams.

Tuesday, January 4, 2011

Growth Strategy for 2011 and beyond

Happy new year to readers in the year 2011!

Year 2010 was a rather good year for me in terms of networth growth (nearly doubled). It was a year where I was super busy, but monetary and spiritually rewarding. Why I said it is spiritually rewarding is because I believe it is my calling now to assist and help students do well in their studies, through active teaching and through books.

Year 2011 and beyond is indeed more exciting than ever before. This post is not going to be about any new year resolutions, because I have already set myself in place with Goal 2013.

Apart from Goal 2013, this is my view of the economy and market in concise form: