Yolé Machine

  It was so random that our office decided to bring in a Yolé vendor to dish out all you can eat yoghurt.

I literally ate till I lao sai after three cups.

Great employee welfare! Super good for staff motivation!

Saxo Atlas Award

  I won the Saxo Atlas Award way back in 2016 I think.

The Saxo Atlas Award is given to 5-8 employees globally annually to those who have gone above and beyond for the company.

Somehow found it lying in office and brought it back home.

Still brings me massive pride to have won it.

Quick Update On Personal Investing

PSNY finally recovering. GREAT!

GME undervalued for sure. GREAT!

REITs recovering. GREAT!

YieldMax delivering above and beyond. GREAT!

SATS cheong. GREAT!

Finally got into NVDA. GREAT!

HYSAs delivering nice monthly interests. GREAT!

BOJ intervention. BAD!

Third Berserker Rage Of 2024

 Damn.

Got caught out by USDJPY intervention.

Sudden drop.

Ouch.

Lost 10K just like that.

Sad lah.

Damn.

GME Update

 This baby is ready to fly!

Dilution offering actually helped it shore up $4.2B in cash and no debt while its market cap is still only $12B!

Super hyped up knowing that we have DFV and CEO Ryan Cohen in deep with all of us retailers.

This is the closest I’ve come to community investing and seriously what a joyride it has been so far.

Hopefully it’ll make us all rich on the way too!

This was his latest update BEFORE the dilution completion was announced last night!

Subsequently jumped 22% wahahahahahahahahah let’s gooooooooo!

DFV GME RDDT Update

 Wow.

RoaringKitty aka DeepFuckingValue finally posted his position on Reddit.

This time on the SuperStonk sub.

Not only has he held on to those positions he had three years ago, he’s added to those positions!

So now his positions in GME alone are worth $200m. In fact actually as of last night’s close it was closer to $300m.

What a legend.

If he exercised his options, he’d own almost 5% of GameStop!

Truly diamond hands! 💎🙌🚀🚀🚀

If he can do it, so can I.

GME Pumping

 Hoping my position in GameStop (GME) pumps!

Raised an additional $1B in cash.

No debt.

Results on June 11th.

Let’s gooooooo!

GME & Roaring Kitty

 Roaring Kitty of GameStop fame is back!

He posted this on X and in three days, the price actually ran up from $10+ to $70+!

I actually went in again on the way down and now I’m a bagholder once more haha.

Diamond hands! To the moon!

PSNY Deficiency Notice

 This is bad, really really bad.

In the worst case scenario, this could mean a delisting.

My investment in Polestar might literally go to zero.

60 days to comply, price too low to sell anyways :(

What a really bad investment this has been!

Read about it here.

High Dividends

 For some reason, April and early May have brought in bumper dividends and other passive income!

This makes me super happy.

I am wondering where to park them.

Should I reinvest the dividends back into the high yielding stocks? Or should I use this opportunity to buy new stocks that I can pride over the fact that the entire purchase was ‘free’?

Recently also looking at higher yielding UCITS ETFs to help balance things out, such as SHYU, VHYD, VHYL. They are listed on the London Stock Exchange and are more tax efficient. US stocks we always end up having to pay 30% withholding tax, which erodes whatever yield we achieve.

My dream is to be able to earn $5-10K of regularly dividends every month passively. Also where the dividends do not erode the NAV of the stock/bond.

Without going into the specifics of my current high yielding portfolio, I need to reduce its volatility and make sure I don’t blindly chase yield. This has happened to me in the past and I ended up being burnt. So definitely some lessons learnt and aiming not to let history repeat itself.

Let’s see if we can achieve that sooner rather than later.