Showing posts from 2016

2016 Returns

2016 Returns

My stock portfolio returns this year is +19%, beating STI returns (excl dividends) of 0% and the STI returns (incl dividends) of 5%  (based on STI ETF as at Nov 2016)

The returns are largely due to 2 stocks: China Aviation Oil (CAO) and 800 Super. (I am still holding 800 Super in my portfolio, but I no longer hold CAO. I may buy CAO again if the price drops.)

What I aim to do in 2017

As mentioned earlier, I aim to inject funds into my stock portfolio such that my stock-to-cash ratio will be 60-65% in 2017, as the opportunity cost of cash -- i.e. returns if invested in stocks -- is significant.

In 2016, I have steered my portfolio towards GARP (Growth at Reasonable Price) stocks. Hopefully, I can continue to find GARP stocks to buy in 2017. It is quite difficult to find stocks with quality and growth at reasonable price. 

If possible, I should set aside a portion (maybe 5%-10%) of my portfolio towards buying stocks which had fallen a lot, market is very pessimistic about, but…

Some Thoughts on 2016

2016 is a good year for investing; ditto for 2017

STI was quite negative in 2015 and dropped more in the first 2 months of 2016. If one has bought heavily at the start of year, one would have make a fair bit in 2016. I would say that 2016 is relatively good return year.

2017 is an unknown. US interest rate may rise more rapidly in 2017. Oil price may recover or remain stagnant, while Singapore Oil & Gas stocks may remain unchanged. The property prices in Singapore may slide further due to higher interest rate and slow Singapore economy. I guess that the above possibilities are know. How much they are priced into the current stock prices is an unknown to me.

Buy when the market is most pessimistic, but I was unable to do it

In 2016, there are two points where I wanted to buy Oil & Gas stocks.

The first time was when Keppel fell to below $5. I did not buy, as I was waiting for $4.

The second time was when Ezion fell to $0.25. I did not buy, as I did not want to take the risk in b…

Deleted Posts by Accident

I have deleted 2 most recent posts by accident, when I wanted to delete 2 draft post.

Oh well, I must be getting more IT idiot, as I get older.

Thoughts from A Decade of Investing

I have been investing for slightly more than a decade since 2004. In this post, I want to pin down some thoughts.

2004 - 2015 Returns 

But first, I want to put the performance of my stock portfolio below, as it helps to illustrate my thoughts subsequently. 
% ReturnsSTI (Excl Dividends)Remarks20046%200535% Returns/Declines boosted with slight leverage.

2008: Great Recession 2006130%200746%15%2008-70%-49%2009147%64%201078%10%2011-46