As the year 2009 comes to a close, it's time to review my progress and achievements for the year 2009.
Achievements:
1) Set up ExamWorld for students.
2) Achieved my first $100k in equities in October.
3) Built up my tuition income quite substantially, both from private tuition and from teaching at a tuition centre.
4) Set up Wealth Buch.
My total realised gains (dividends, realised gains, realised losses) from the stock market is around $9061.33 in the whole of 2009. My investment capital has grown from around $60k at the start of the year till $112k at the end of 2009.
On the relation side, I'm planning with my girlfriend to apply for the Hougang BTO flats in Jan 2010. If succeed, marriage shall be in the works by 2013.
The year 2009 has ended positively, both in my life and in the market. Let's wish for another boomz year in the year 2010. :)
Happy New Year to everyone!
Stocks, Personal Finance, Personal Development,
Wealth, Income, Trading, Investing, Business
test4
Thursday, December 31, 2009
Wednesday, December 30, 2009
Hougang Build-To-Order Flats
Considering my first foray into property, although it's amidst the property fever.
HDB will be releasing information on build to order for Hougang in Jan 2010. Hopefully, 95% will be for first timers applicants again.
BTO for first timers are usually cheaper than resale prices... A look at the resale price index:
The previous peak occurred just before the 1998 Asian Economic Crisis. The current index is very near the previous peak, so it's giving me a dilemma if I should go for the purchase.
I did take note that the resale price index hike was probably due to buyers paying cash over valuation. I'm not very sure about BTO prices yet, but I'm with the impression that it is at a discount to valuation.
The details will be out on 5th Jan 2010, Tuesday.
As Mark Twain said, buy land, they are not making any more. In Singapore terms, buying land is currently out of my reach... But buying a living space the size of a pigeon hole is still within my means... Property plays usually entails leverage and much longer time horizon... It should be treated differently from stocks...
HDB will be releasing information on build to order for Hougang in Jan 2010. Hopefully, 95% will be for first timers applicants again.
BTO for first timers are usually cheaper than resale prices... A look at the resale price index:
The previous peak occurred just before the 1998 Asian Economic Crisis. The current index is very near the previous peak, so it's giving me a dilemma if I should go for the purchase.
I did take note that the resale price index hike was probably due to buyers paying cash over valuation. I'm not very sure about BTO prices yet, but I'm with the impression that it is at a discount to valuation.
The details will be out on 5th Jan 2010, Tuesday.
As Mark Twain said, buy land, they are not making any more. In Singapore terms, buying land is currently out of my reach... But buying a living space the size of a pigeon hole is still within my means... Property plays usually entails leverage and much longer time horizon... It should be treated differently from stocks...
Thursday, December 24, 2009
Starhill Global Purchase
I managed to enter 10 lots of Starhill at the 200 day moving average at 51 cents. We could consider it as a potential reverse head and shoulders or triple bottom formation technically.
The fundamentals would be as researched earlier:
Starhill REIT
With this purchase, my monthly dividends would increase by about ~$31, assuming no change in DPU (although I expect an increase due to new property purchases).
My total average monthly dividends from my dividend basket is now $490, excluding those from the trading basket.
Merry Christmas!
The fundamentals would be as researched earlier:
Starhill REIT
With this purchase, my monthly dividends would increase by about ~$31, assuming no change in DPU (although I expect an increase due to new property purchases).
My total average monthly dividends from my dividend basket is now $490, excluding those from the trading basket.
Merry Christmas!
STI Updates
I'm still rather confused which wave count is the one. Below are my preferred and alternate counts:
Preferred count:
In this count, we are still in intermediate wave A of Primary B. It has been 1o months so far, including the 5th wave.
My main concern is, if there's still a intermediate wave C of same time frame coming, then it would be at least another 10 months... Supposed intermediate wave B is 5 months, that would give us a total of 25 months for Primary B, which is a little too long in my opinion, given that Primary A took only 17 months. Because of this, the alternate count might be more valid.
Alternate count:
In this alternate count, the 3 months long ascending triangle is labelled as a wave X instead of a wave 4. This count signifies further upside to come, which would lead STI to achieve greater than 61.8% retracement level of 296x...
These... are assuming we are indeed in Primary B corrective wave, and not Primary 1 impulse wave...
Given the uncertainty in wave counts, markets and economy, I will still stick to acquiring defensive dividend stocks...
On the shorter term... we might likely be in the midst of the 3rd wave of some impulse wave...
Would it be the 5th wave or the A wave of A-B-C-X-A-B-C, or neither? Only time will tell.... I'm not a fortune teller anyway...
Preferred count:
In this count, we are still in intermediate wave A of Primary B. It has been 1o months so far, including the 5th wave.
My main concern is, if there's still a intermediate wave C of same time frame coming, then it would be at least another 10 months... Supposed intermediate wave B is 5 months, that would give us a total of 25 months for Primary B, which is a little too long in my opinion, given that Primary A took only 17 months. Because of this, the alternate count might be more valid.
Alternate count:
In this alternate count, the 3 months long ascending triangle is labelled as a wave X instead of a wave 4. This count signifies further upside to come, which would lead STI to achieve greater than 61.8% retracement level of 296x...
These... are assuming we are indeed in Primary B corrective wave, and not Primary 1 impulse wave...
Given the uncertainty in wave counts, markets and economy, I will still stick to acquiring defensive dividend stocks...
On the shorter term... we might likely be in the midst of the 3rd wave of some impulse wave...
Would it be the 5th wave or the A wave of A-B-C-X-A-B-C, or neither? Only time will tell.... I'm not a fortune teller anyway...
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