My Saxo P&L 2018

Since I last revealed by YTD performance back in October, my account has gone from strength to strength.

This time around I publish my P&L by cash returns.

Have achieved profits of approximately SGD12.1K this year.

You can also see my 2017 and 2016 performance on this account.

My most profitable products were Facebook CFDs, S&P500 Index CFDs and Ethereum ETF.

My least profitable products were AUDUSD, EURJPY and DBS CFDs.

I should try to learn the good habits of letting profits run, while reduce the poor habits of trying to profit with FX trades, which are must more challenging as an asset class.

Hopefully I can continue this rich vein of form into 2019 and make as much money as possible.

HUAT AH!!!

IceCap Asset Management: An Entire Generation Of Investment Professionals Has No Idea What's Coming

A lot of truth in this article.

To be clear – there’s now an entire generation of investment professionals around the world who’s entire career (both professional and academic) has occurred during a period dominated by:

- 0% interest rates
- Negative% interest rates
- QE and money printing
- Bank bailouts
- Sovereign debt bailouts

Why is this important?

This is important because the industry as a group creates, forms and distributes risk-return expectations for every dollar in the investment universe.

My Career Life Map

This was really interesting.

We were having our Leadership Academy training and one of the segments was to draw our own career life map to have a better retrospection of our careers, and also to share with our fellow colleagues. This made for a very good team-building event.

So I did.

2018 Dividend Accumulator November

Another good dividend month! Although the drop in the stock markets have caused my total portfolio value to drop somewhat. Nonetheless, continue towards greater dividends! HUAT AH!!!

02 November $76.30
13 November $21.74
23 November $92.16
23 November $67.61
30 November $12.60
30 November $12.50

Total Dividends for November: $282.91

Total Dividends for 2018: $1,717.65
Average per Month: $143.14

Saxo FinTech Unfiltered & Singapore FinTech Festival 2018

What a successful event all round!

Major Enbloc Update

An increase of more than 12% for each home owner! Yet a reduction in PSF for potential buyer!

Will this tilt the scales?

Let's see.

2018 Dividend Accumulator October

A very good month this month! The dividends are a'flowin' in! I have even cracked the $100/mth mark which is a really big achievement for me! Towards greater dividends! HUAT AH!!!

01 October $151.20
11 October $31.26
11 October $21.90
25 October $53.33
30 October $84.53
31 October $53.57

Total Dividends for October: $395.79

Total Dividends for 2018: $1,434.74
Average per Month: $119.56

Psychology Of A Market Cycle

This is very true!

31st IFTA Conference 2018

My company was one of the Gold sponsors of the 31st IFTA Conference 2018, held in Kuala Lumpur over last weekend.

IFTA stands for International Federation of Technical Analysts.

The event was so high profile, it was graced by Malaysian Prime Minister, Dr Mahathir Mohamad himself.

It was nice to have a sponsors' photo opportunity with him.

Some very good speakers and I was glad to be a part of this.

Prospect Capital (PSEC) Re-entry

I've invested in this US stock before and it is very high yielding, which is why it has always been attractive, even with the pitfalls that have plagued it.

See the various articles I have written here, here and here.

At it's 52-week low, it actually traded at the ultra low price of $5.51!

Now this latest article sums up why I'm back in at around $7.

Generally PSEC holds up well in a rising interest rate environment, which was why it hasn't been doing as well last few years.

Until now.

Now I will hold for a longer term and hopefully I can earn some capital gains along with the almost 11% monthly-paying dividend yield!

Huat ah!