So in the midst of this COVID-19 situation, we can see clearly how bad this virus situation is doing to the economy, jobs and livelihoods.
The US reported their latest jobless claims numbers and there are 16 million jobless people in the US now.
Yes the stock markets continue to surge up from their 23rd March lows.
It is dumbfounding and doesn't make sense.
Is there so much helicopter money poured in by the US government that all reality is ignored?
I don't know.
But this is the clearest example of the rich only getting richer and the poor only getting poorer.
People who cannot dabble in the stock market are basically dead.
Those who have the money will still lose if you've sold off the bulk of your portfolios and don't dare to go into this market for fear that it is a ultra optimistic dead cat bounce. Like me.
Only those who have had the guts to pour it all in at the timeliest (maybe about a week ago) have been able to prosper.
Even those who have done nothing are still seeing about 20% down from their portfolio values.
Oh well.
HUAT AH!
Friday, 10 April 2020
My Saxo P&L 2020 March
Green in March!
Not too bad, albeit unable to recoup the loses in Jan and Feb.
Was hoping to continue this trend into April, but in the first 10 days of April I am already down almost 7K.
So much for continuation.
March has tons of volatility to play with.
It was also very easy to get carried away.
I had a few near berserker rages again.
Ah well.
Hope to huat and make up for all these loses over time.
Not too bad, albeit unable to recoup the loses in Jan and Feb.
Was hoping to continue this trend into April, but in the first 10 days of April I am already down almost 7K.
So much for continuation.
March has tons of volatility to play with.
It was also very easy to get carried away.
I had a few near berserker rages again.
Ah well.
Hope to huat and make up for all these loses over time.
2020 Dividend Accumulator March
March was the worst month ever in the history of my dividend portfolio.
And with that, I liquidated a very big portion of my portfolio while things were on the way down.
Along the way, four of my biggest dividend machines (MRRL, MORL, REML, SMHB) basically died (ETNs that got called or delisted)
So much for earning dividends anymore.
What's left to come will be dribs and drabs.
I'm not sure how long it will take for me to get back to that same level of dividend payouts.
Not even sure if 12 months is sufficient but let's see.
That said, in March I still received a little bit of leftovers of dividends declared in Feb.
So only in April will the poor payouts be reflected.
02 March $92.53
04 March $22.06
12 March $20.18
13 March $12.03
24 March $36.92
24 March $40.73
24 March $34.99
24 March $27.81
27 March $150.00
Total Dividends for March: $437.25
Total Dividends for 2020: $2,475.05
Average per Month: $206.25
And with that, I liquidated a very big portion of my portfolio while things were on the way down.
Along the way, four of my biggest dividend machines (MRRL, MORL, REML, SMHB) basically died (ETNs that got called or delisted)
So much for earning dividends anymore.
What's left to come will be dribs and drabs.
I'm not sure how long it will take for me to get back to that same level of dividend payouts.
Not even sure if 12 months is sufficient but let's see.
That said, in March I still received a little bit of leftovers of dividends declared in Feb.
So only in April will the poor payouts be reflected.
02 March $92.53
04 March $22.06
12 March $20.18
13 March $12.03
24 March $36.92
24 March $40.73
24 March $34.99
24 March $27.81
27 March $150.00
Total Dividends for March: $437.25
Total Dividends for 2020: $2,475.05
Average per Month: $206.25
Wednesday, 25 March 2020
COVID-19 Has Taken Over Our Lives
Haven't blogged for a while.
I'm not too sure why, but I definitely have been spending more time at home.
On the home front, all is well. More time at home = more time with kids and family. Becoming more of a homebody, preferring to stay at home and do a bit of house chores here and there. Or work till late hours just because we all can now.
On the work front, things are super busy. Good busy. More people staying at home + volatile markets means more people want opening new accounts and more people trading. Company is on a 50-50 split, one week Work From Home, one week work in the office. If things get worse then we might end up in a 100% WFH situation.
On the investment front, this is where things get super ugly. The markets are in total turmoil. Daily 1-2% up or down is nothing, several days of limit ups and downs (5%). My personal portfolio is terrible. I've lost about 40% of my whole portfolio from this sudden drop. I see the situation getting worse and have cut my losses when I see the chance to. Money can be earned back, I try not to be too hard on myself.
COVID-19 has changed the way we live our lives.
Singapore is currently on partial lockdown already with many businesses closed, we've barred entry to foreigners, everyone has to social distance themselves or stay at home to keep safe.
This is probably the worst global crisis we will ever face in our lives, and this is just the beginning.
I wonder how this will end?
I'm not too sure why, but I definitely have been spending more time at home.
On the home front, all is well. More time at home = more time with kids and family. Becoming more of a homebody, preferring to stay at home and do a bit of house chores here and there. Or work till late hours just because we all can now.
On the work front, things are super busy. Good busy. More people staying at home + volatile markets means more people want opening new accounts and more people trading. Company is on a 50-50 split, one week Work From Home, one week work in the office. If things get worse then we might end up in a 100% WFH situation.
On the investment front, this is where things get super ugly. The markets are in total turmoil. Daily 1-2% up or down is nothing, several days of limit ups and downs (5%). My personal portfolio is terrible. I've lost about 40% of my whole portfolio from this sudden drop. I see the situation getting worse and have cut my losses when I see the chance to. Money can be earned back, I try not to be too hard on myself.
COVID-19 has changed the way we live our lives.
Singapore is currently on partial lockdown already with many businesses closed, we've barred entry to foreigners, everyone has to social distance themselves or stay at home to keep safe.
This is probably the worst global crisis we will ever face in our lives, and this is just the beginning.
I wonder how this will end?
Saturday, 7 March 2020
My Saxo P&L 2020 February
The red ink just continues.
Not sure how to stem it, especially with markets so volatile now.
Trying to get green in March.
February was just abysmal.
Not sure how to stem it, especially with markets so volatile now.
Trying to get green in March.
February was just abysmal.
2020 Dividend Accumulator February
As COVID-19 ravages the markets, and indices all go into freefall, I am expecting my monthly dividend returns to go down.
Feb has been a very dry month for dividends. Here's to a better March.
That said, I'm still hoping that monthly dividends are decent!
HUAT AH!!!
05 February $21.29
13 February $19.47
18 February $68.57
24 February $9.78
25 February $19.69
25 February $22.92
25 February $30.66
26 February $19.87
28 February $108.85
Total Dividends for February: $321.10
Total Dividends for 2020: $2,037.8
Average per Month: $169.82
Feb has been a very dry month for dividends. Here's to a better March.
That said, I'm still hoping that monthly dividends are decent!
HUAT AH!!!
05 February $21.29
13 February $19.47
18 February $68.57
24 February $9.78
25 February $19.69
25 February $22.92
25 February $30.66
26 February $19.87
28 February $108.85
Total Dividends for February: $321.10
Total Dividends for 2020: $2,037.8
Average per Month: $169.82
COVID-19 And The Markets
The markets are in freefall mode with the COVID-19 coronavirus spreading throughout the world.
Things are really quite bad.
Hopefully they improve soon.
Things are really quite bad.
Hopefully they improve soon.
Wednesday, 26 February 2020
Third Berserker Rage Of 2020
Sigh.
Really don't have the destiny to be rich.
I just keep losing money fast and furious.
So yesterday was in such similar fashion.
If I had chosen to busy myself with other things and done absolutely NOTHING, I wouldn't have lost all this money and I might even have made a tidy sum.
Anyway there were big moves in the equity markets the night before. US markets were down 3%. Last night as well it came down 3%. Then greedy me when to punt firstly on DBS.
Immediately shorted at the opening bell expecting a drop in the Singapore market but who would've thought, the market bucked the global trend and went up instead. Ended up closing my position.
Net loss SGD 1,000.
Then I went on the stupid IG Markets platform again to gamble all that I had in there on the S&P. Up down left right play what also lose what. My stops were just to close and I kept getting stopped out.
Net loss SGD 5,000.
I need to ban myself from trading at least till end of April.
Sigh.
Really don't have the destiny to be rich.
I just keep losing money fast and furious.
So yesterday was in such similar fashion.
If I had chosen to busy myself with other things and done absolutely NOTHING, I wouldn't have lost all this money and I might even have made a tidy sum.
Anyway there were big moves in the equity markets the night before. US markets were down 3%. Last night as well it came down 3%. Then greedy me when to punt firstly on DBS.
Immediately shorted at the opening bell expecting a drop in the Singapore market but who would've thought, the market bucked the global trend and went up instead. Ended up closing my position.
Net loss SGD 1,000.
Then I went on the stupid IG Markets platform again to gamble all that I had in there on the S&P. Up down left right play what also lose what. My stops were just to close and I kept getting stopped out.
Net loss SGD 5,000.
I need to ban myself from trading at least till end of April.
Sigh.
Thursday, 6 February 2020
My Saxo P&L 2020 January
The red tide is continuing unabated!!!
All because I refuse to believe the market should be on an upward trajectory!
Biggest losses in January have been by TSLA and S&P.
Hit my first 4-digit profit of the year with Qantas though.
And Feb looks really bad too.
Almost 10K lose already this year.
All because I refuse to believe the market should be on an upward trajectory!
Biggest losses in January have been by TSLA and S&P.
Hit my first 4-digit profit of the year with Qantas though.
And Feb looks really bad too.
Almost 10K lose already this year.
2020 Dividend Accumulator January
A new year and a continuation of this post.
Hopefully the dividends continue to increase steadily.
The world is very volatile now with so much happening, yet the stock market is charging up with new all-time high over new all-time highs. So it is pretty hard to find good dividend value.
But lets see.
January has started out really well with a super bumper dividend month to kick the year off! One single month alone raking in 25% of last year's total dividend numbers?!
HUAT AH!!!
03 January $48.27
06 January $179.23
06 January $21.29
08 January $19.14
13 January $204.00
14 January $19.47
20 January $25.41
20 January $28.80
24 January $55.40
24 January $340.24
24 January $395.91
24 January $84.36
28 January $295.18
Total Dividends for January: $1,716.70
Total Dividends for 2020: $1,716.70
Average per Month: $143.06
Hopefully the dividends continue to increase steadily.
The world is very volatile now with so much happening, yet the stock market is charging up with new all-time high over new all-time highs. So it is pretty hard to find good dividend value.
But lets see.
January has started out really well with a super bumper dividend month to kick the year off! One single month alone raking in 25% of last year's total dividend numbers?!
HUAT AH!!!
03 January $48.27
06 January $179.23
06 January $21.29
08 January $19.14
13 January $204.00
14 January $19.47
20 January $25.41
20 January $28.80
24 January $55.40
24 January $340.24
24 January $395.91
24 January $84.36
28 January $295.18
Total Dividends for January: $1,716.70
Total Dividends for 2020: $1,716.70
Average per Month: $143.06
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