Bumper dividend payouts this month!
01 August $33.29
06 August $50.50
10 August $8.63
13 August $1.71
14 August $107.00
27 August $20.00
27 August $39.62
Total Dividends for August: $260.75
Total Dividends for 2018: $954.11
Average per Month: $79.51
Saturday, 1 September 2018
Saturday, 18 August 2018
Opened Position In Cryptocurrency Once More
Recently all cryptocurrencies have taken a huge beating. Bitcoin has dropped significantly from the giddy highs of $19K+ to the current $6K+.
I thought this was a good chance to get back into the cryptocurrency game.
I've always preferred Ethereum as an investment compared to Bitcoin.
So recently went in small into Ethereum Tracker ETF XBTE once more.
HUAT AH!
I thought this was a good chance to get back into the cryptocurrency game.
I've always preferred Ethereum as an investment compared to Bitcoin.
So recently went in small into Ethereum Tracker ETF XBTE once more.
HUAT AH!
Sunday, 5 August 2018
Long Facebook (FB) - Position Closed And Why 030818
So I blogged about taking a long position on FB just a few days ago.
You can read it here.
I also took a fairly large position using CFDs and that made the risk of holding the position very high. Firstly, on a 1:10 leverage, my losses would definitely exceed my base capital if FB continued to plummet. SEcondly, I was paying a very high cost of 3+%PA of CFD Financing. CFD Financing is the interest to be paid on the nominal value of the position when it is being held.
So I was holding a 500 FB share position with an average price of approximately USD$173. This meant that if I had to buy the actual stock, my investment commitment would have been $86,500. But using CFDs, I only needed a margin of $8,650 to open the position. CFD Financing worked out to about $10 per day, which is quite high.
As such, if I had, say, exactly $8,650 in my account (I'd be at 100% margin and Saxo risk management system would NEVER allow this without stopping me out), another 10% drop in FB stock price would simply wipe me out completely to $0.
Over the few days that I've held the stock, thankfully FB price went up. Eventually I closed it on Friday evening at a price of $178, earning about $5 X 500 = $2,500.
Not too shabby, but mainly to de-risk.
A good profit nonetheless!
HUAT AH!!!
You can read it here.
I also took a fairly large position using CFDs and that made the risk of holding the position very high. Firstly, on a 1:10 leverage, my losses would definitely exceed my base capital if FB continued to plummet. SEcondly, I was paying a very high cost of 3+%PA of CFD Financing. CFD Financing is the interest to be paid on the nominal value of the position when it is being held.
So I was holding a 500 FB share position with an average price of approximately USD$173. This meant that if I had to buy the actual stock, my investment commitment would have been $86,500. But using CFDs, I only needed a margin of $8,650 to open the position. CFD Financing worked out to about $10 per day, which is quite high.
As such, if I had, say, exactly $8,650 in my account (I'd be at 100% margin and Saxo risk management system would NEVER allow this without stopping me out), another 10% drop in FB stock price would simply wipe me out completely to $0.
Over the few days that I've held the stock, thankfully FB price went up. Eventually I closed it on Friday evening at a price of $178, earning about $5 X 500 = $2,500.
Not too shabby, but mainly to de-risk.
A good profit nonetheless!
HUAT AH!!!
Thursday, 2 August 2018
Ezion Holdings (5ME) - One For The Grandkids
Ezion is on a tear downwards ever since they were suspended to talk to their lenders.
Look at how bad their chart is.
Anyway I bought the following batches, and boy is it NOT working out or what.
April 2018 0.178
April 2018 0.169
May 2018 0.132
May 2018 0.123
June 2018 0.090
This works out to an average price of 0.1384.
Today Ezion Holdings is trading at 0.074.
Looks like I have to leave this for the grandkids liao.
:(
HUAT AH!!!
Look at how bad their chart is.
Anyway I bought the following batches, and boy is it NOT working out or what.
April 2018 0.178
April 2018 0.169
May 2018 0.132
May 2018 0.123
June 2018 0.090
This works out to an average price of 0.1384.
Today Ezion Holdings is trading at 0.074.
Looks like I have to leave this for the grandkids liao.
:(
HUAT AH!!!
Wednesday, 1 August 2018
2018 Dividend Accumulator July
11 July $8.19
13 July $76.47
Total Dividends for 2018: $693.36
Average per Month: $57.78
13 July $76.47
Total Dividends for 2018: $693.36
Average per Month: $57.78
Sunday, 29 July 2018
Long Facebook (FB)
So the biggest news of last week was Facebook (FB) dropping almost 20% last week due to poor expected growth.
You can read all about it from so many various sources here, here and here.
For me, I came back in the evening and surfed through my Facebook news feed and then came across the famous Sean Seah of Value Investing College doing a live broadcast in a car about Facebook. He strongly recommends it and I really bought into his rationale of wide moat, growth forecast and the generally broad idea that no other company can replicate its current business model.
Immediately after that, I logged into my SaxoTrader account and bought Facebook at 176.75.
This position is suffering a slight loss right now, but let's see if we will see a relief rally or a further selldown in the coming week.
Fingers crossed!
HUAT AH!!!
You can read all about it from so many various sources here, here and here.
For me, I came back in the evening and surfed through my Facebook news feed and then came across the famous Sean Seah of Value Investing College doing a live broadcast in a car about Facebook. He strongly recommends it and I really bought into his rationale of wide moat, growth forecast and the generally broad idea that no other company can replicate its current business model.
Immediately after that, I logged into my SaxoTrader account and bought Facebook at 176.75.
This position is suffering a slight loss right now, but let's see if we will see a relief rally or a further selldown in the coming week.
Fingers crossed!
HUAT AH!!!
Monday, 23 July 2018
AKB48 Teaches Trading
So I was in the Tokyo office and flipping through the Japanese investment magazines.
Chanced upon this regular column where members of the popular Japanese girl band AKB48 teaches readers how to run different stock portfolios.
So sexy.
Chanced upon this regular column where members of the popular Japanese girl band AKB48 teaches readers how to run different stock portfolios.
So sexy.
Sunday, 15 July 2018
Ergonomic Home Station
The new work quarters!
Check out the new elevating table and ergonomic chair!
This is where proper trading begins.
Check out the new elevating table and ergonomic chair!
This is where proper trading begins.
Friday, 29 June 2018
2018 Dividend Accumulator June
12 June $9.36
22 June $154.00
29 June $240.79
Total Dividends for 2018: $608.70
Average per Month: $50.73
22 June $154.00
29 June $240.79
Total Dividends for 2018: $608.70
Average per Month: $50.73
Saturday, 23 June 2018
How To Be Mentally Strong
Found this article on Forbes which I felt was super useful.
These are the 13 things they avoid:
1) Waste time feeling sorry for themselves
2) Give away their power
3) Shy away from change
4) Waste energy on things they can't control
5) Worry about pleasing others
6) Fear taking calculated risks
7) Dwell on the past
8) Make the same mistakes over and over
9) Resent other people's success
10) Give up after failure
11) Fear alone time
12) Feel the world owes them anything
13) Expect immediate results
Be mentally strong!!!
These are the 13 things they avoid:
1) Waste time feeling sorry for themselves
2) Give away their power
3) Shy away from change
4) Waste energy on things they can't control
5) Worry about pleasing others
6) Fear taking calculated risks
7) Dwell on the past
8) Make the same mistakes over and over
9) Resent other people's success
10) Give up after failure
11) Fear alone time
12) Feel the world owes them anything
13) Expect immediate results
Be mentally strong!!!
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