My Investing Journey

  I'm penning this article to delve into the challenge of adding a stock to your portfolio when it's continuously on the rise. As of now, DBS has recently experienced its X-Dividend Date and X-Bonus Date. There's an anticipation in the air that the price might take a dip, aligning with my strategy of boosting the percentage of DBS stock in my portfolio. Currently sitting at around 10%, my aim is to hit about 30%, as discussed before. On the X-Bonus Date, the stock did indeed witness a slight decline in price. However, within just a few hours of the market opening, it began its ascent once again, maintaining the upward trajectory for the next couple of days. Presently, it stands at approximately $34.42. Considering the current dividend of 54 cents per quarter, this price still offers a dividend yield of 6.27%, which is undeniably appealing.   The pivotal question arises: do I succumb to FOMO (Fear Of Missing Out) and aggressively accumulate now to meet my 30% target, or ...

Sub-title: Enhancing Investment Decisions: The 4M Analysis Approach   In a recent investment decision, I opted to purchase Seatrium (formerly Sembcorp Marine) after reviewing several analyst reports, all of which endorsed a promising target price. Despite my optimistic entry point at around 10 cents per share, the stock veered into negative territory, plummeting to approximately 7.7 cents at the time of this writing. Reflecting on this setback, I realize the prudence of conducting a thorough 4M (Meaning, Moat, Management, Margin) analysis before allocating funds to any stock.   Allow me to illustrate how employing the 4M analysis could have steered me away from investing in Seatrium. For this comparative study, I juxtapose Seatrium against DBS, one of my preferred stocks.   For ease of comprehension, I've established a scoring system ranging from 1 to 5, where 1 signifies the least favorable and 5 indicates the most favorable attribute. The cumulative high score del...

  Peaceful and Calm I would like to review the DBS stock in this article. DBS has been a good stock to hold as it gives quarterly dividends. At the time of this writing, the stock price is about $36+, which, in my opinion, is considered expensive. Even at this price, the dividend yield is about 6%, calculated based on 54 cents per quarter. In fact, the CEO has recently mentioned that dividends will only increase and, to my understanding, has provided these guidelines: 2024 - dividend 54c per quarter 2025 – dividend 60c per quarter 2026 – dividend 66c per quarter That is a pretty impressive forecast. I read an article before that discussed the best stocks to hold if a Thanos-like event to occur (from the movie Avengers), and DBS was mentioned as one of them. I have been buying and selling DBS for a while now, I believe since 2020, but I realized that each time I sell, the price keeps going up and usually forces me to buy again at a higher price. So, it looks like I have ...

  Why did I buy Parkway REIT ?        ⛨ One of the REITs that is favoured among investors could be Parkway REIT, which is one of Asia's largest listed healthcare REITs. However, as interest rates went up, there doesn't seem to be a compelling reason to buy this stock, with the dividend yield currently standing at only about 4.2% at the current price of SGD 3.5+.   Here are my reasons:   --- Start of Journal ---   Stock Name: Parkway REIT   Price Bought: Average $3.6+   Date Purchased : June 2023 to March 2024   Reason for Purchase: A yield above 4% is reasonable for a steady stock. There is potential for a higher yield if the price goes down. It's a solid stock with an increasing dividend.   Evaluation: $4+   Risks Identified: Low dividend yield, price may further decrease, half-yearly dividend may not be attractive   --- End of Journal ---   I think this REIT is a good stock to hold for the long term and fit...

  One of the tools that helps me in making a decision to buy is "Journaling". This basically is the act of keeping a record of your personal thoughts, feelings, and insights. Currently, I am in the accumulation phase of this stock, SGX, and I have listed below why and how I made this decision. --- start journal --- Stock name: SGX (S68) Price bought: average of 9.5+ Date of purchase: around September 2023 Why bought? Quarterly dividend of 8.5 cents, XD (Ex-Dividend) date in October, yield = 3.3%. There is potential for a higher yield if the price goes down. The Nifty India problem has been resolved. Management is working towards increasing dividends. Evaluation by analysts: $10+ Risks identified – low dividend yield, price may go down, but I am ready to average down. Other comments: As of April 2024, the stock price has slowly drifted down, and through further accumulation, my average price for this stock is about $9.4+. --- end journal --- I realize averaging down can...

A few of the major mistakes that I made in my investing journey, in the SGX stocks are with SembMarine and Starhub.       For SembMarine, my average buy price was around $3.8+ and sell price was about $1.2+.          For Starhub, my average buy price was around $3.9+ and sell price was about $1.7+.  These figures, though rough, serve as painful reminders of the substantial losses incurred. From these past mistakes, I've gleaned the importance of exercising greater caution and conducting thorough company analyses before committing significant capital. I've since established certain rules for myself, one being the 4M criteria: Meaning: When investing in a stock, it must hold some significance in my life. Understanding the business, its products, and revenue streams is crucial. It's better to invest in something familiar rather than diving in blindly. Moat: This criterion emphasizes the company's competitive advantage over its peers. A rob...

 This is my blog, to share my investing journey.  As part of the first post, I would just introduce myself. I am 50+  and work in a technology company. I started investing in SGX (Singapore Stock Exchange) since 2008 with reasonable success and a lot of learnings from mistakes.  Currently my portfolio consists of mostly REITs and Banking stocks. I have no plans to invest in US Stocks as I'm wary about the currency exchange and tax complications.  Thank you for reading.