FOMO

FOMO
ˈfəʊməʊ/
nouninformal
anxiety that an exciting or interesting event may currently be happening elsewhere, often aroused by posts seen on a social media website.
"I realized I was a lifelong sufferer of FOMO"

It is an acronym for the phrase, Fear Of Missing Out.

With the S&P hitting an all time high, there are irrational entrants caused by the above phenomenon.

Trade safe.

An Uncertain Investment Climate In 2017

We are slowly but surely treading into 2017 with more uncertainty than ever. Particularly for Our little sunny island of Singapore, a lot of global events are slowly unfolding that gives me worries for the coming new year.

The Trump presidency obviously is the biggest question mark. What will he bring to the table for the rest of the world? How will the world react to his protectionist policies? Will the USA even bother about Asia and Singapore anymore? What lies ahead for the markets given the euphoric surging stock jump in the US?

The Terrex incident where China is threatening to confiscate our nine Terrexes (ICVs) that were impounded in Hong Kong. This is a chance for China to flex its muscles by bullying us into breaking off relations with Taiwan. Will we yield? I hope we won't, but how far will China lowball us if we stand our ground?

Over in Europe there are smaller events unfolding. BREXIT, the Italian referendum, the Middle-Eastern migrant crisis. Will the EU still be relevant in the coming year ahead? Will we see a breakup of the EU? Will it be the breeding ground for extremism?

Again China in the South China Sea dispute. How will this unfold in the new year? Will we see a drastic deescalation now that the US has signal a less aggressive posture in APAC? What of all the other claimants' reactions?

Climate change and global warming is also a big worry. The winters are getting colder and the summers are getting warmer. Even in Singapore it is December and the nights are 25 degrees cold. The ice sheets in both poles are melting faster and faster, sea levels are rising.

What can we do to make money out of the above?

What can we do to worry less?

Are we prepared for black swans ahead?

Stay safe. Trade safe.

Singapore FinTech Festival 2016

We had a booth at the event, so I got a chance to get an overview of the landscape.

I'm seriously happy and proud of he fact that the Singapore government is pushing for our little red dot to drive the FinTech space.

It was an amazing Expo event with all the various latest FinTech-related products on offer, from block chain, robo-advisory, kyc authentication, security and all the other aggregators and apps on show.

It is true that many companies in this space suffer from either becoming too Fin or too Tech in FinTech. And that defines how each evolves as an entity as this industry develops.

I am very hopeful that we will see even more developments in this space originating out of Singapore.

Watch this space!

Oh and I even got interviewed to give my take on the event and the progress of FinTech!

Fourth Berserker Rage of 2016

And so it had to happen again :(

After the last time it happened I was really hoping to be more disciplined with my trading.

Instead, i succumbed to the online casino that is IG Markets. I have documented the dangers of this before.

Funny how I can clearly talk about its dangers, yet feel so drawn to make a bet and try and fightback to earn back my money, and before I know it, it is all gone.

Dammit.

Really need to work on that online trading discipline.

By the end (and the end came really quickly), the final damage came up to almost SGD4,000.

FML

Donald Trump Is The New POTUS

What a stunning upset.

I am disappointed tbh, as I had hoped for a HRC win.

Yet there is nothing much anyone can do about it and the American electorate has spoken.

All we can hope for is that things are not as bad as forecasted and Trump governs with a rational mind.

Look how markets were affected:

During thre course of counting, just like BREXIT, the initial counts had Clinton leading and the market started off a wee it optimistic. Then it slowly became clearer and clearer that Trump would win, which led to a violent tanking of the S&P and a spike in Gold as risk came off.

Finally it was confirmed that Trump won. Maybe the markets felt overreacted, maybe his victory speech gave hope (he spoke of infrastructure spend), maybe the market was just irrational.

S&P suddenly began rising, slowly and apprehensively at first, and then jumping higher near the day's closing. Gold conversely plunged as risk off took control.

I still think markets are going to be very volatile for a few more weeks as markets adjust to Trump's intentions, policies and plans.

Stay safe out there.

Noble Group (N21) EGM

Was at the EGM to vote on the sale of NAES.

The board. Richard Elman is third from right.

The voting device is so cool! And we had only 45s to key in our vote!

And the results! Almost instantaneous!

With the sale, hopefully Noble Group stock price will start to surge upwards.

Huat ah!

Trying To Look Smart For A Day

Me at the CFAS Investment Conference 2016. There were some really good conversations thrown around.

Key considerations in the next decade.

Can you spot my contribution?