When everyone else was waiting for the outcome of Trump-Xi meeting later today, guess what I was doing for most of this week ... Yes, I was still selling (the title gave it away). I sold more Singtel shares this week at $3.50 while trying to keep the holding of Singtel in my portfolio to … Continue reading Trump-Xi meeting – whatever … Anyway, I sold more again this week.
I got an interesting question from a reader of my previous post about - "Did you buy anything in June then?" Yes, I did actually. I subscribed to Astrea V IPO and managed to get a few lots. It debuted above the 3-4% IPO price which was great. I look forward to its 3.85% coupon … Continue reading What I bought in the June Rally
June so far has been phenomenal! STI is up 6.5% as of yesterday in just 14 working days. Almost every companies in my portfolio is in the Green. The Banks, Properties, Reits ... and best of all, Singtel and UOB for me. Singtel has climbed from $3 to $3.45 now. UOB is up from $23.50 … Continue reading Phenomenal June Rally! I Sold and Still Selling SingTel and more
In the investment world, there is a saying "Sell in May and Go Away". May 2019 was no exception, if you had shorted STI index on 30 April and bought it back on 31 May, you would have gained 8% in value. And this saying seems to have some basis. According to Investopedia, the Dow … Continue reading In May, They Sold, I Bought & I hope I am right