illumination

Project D Update #25

Saturday, December 30, 2023 2:12 PM

Has it already been.. 2 years?

Omgosh. Time flies

Month started off with some.. joyous rally as Fed rate hike seems to have stopped. However ongoing geopolitical uncertainty pulled back the market slightly. From the middle east conflicts to Europe to China. Plus while Fed hinted at rates peaking, they went ambiguous mode upon realising market went up full force, fearing that market may be too quick to respond. Some moderation of cos will be expected.

My REITs all took the month to recover some of the losses. ComfortDelgro finally started to pull itself up thanks to the rise in taxi fares.

Generally my REITs should move uptrend in 2024. Hopefully I managed to scoop up at a good enough price this year.

Looking back in 2023, I saw myself not acting on opportunities but acting impulsively on market movement without doing due diligence. Lost quite a bit cos of poor decisions. Hopefully in 2024 I do not let FOMO get in my way of trading. Trade when I have to, not when I want to.

I looked at my portfolio in end 2022 and realised, wow how much my portfolio has grown! A solid 40% increase in value, thanks to both market recovery and lots of fund injection.

Plus, I hit 3k dividend this year! Plus my Grab earning for the year, looks like I gained extra 10k for the year. Yay.

My target for 2024:
- Buff my portfolio to 80k at least
- Drive grab once a month

Update #25:

Warchest: 684.09

Dividends received YTD: 3187.76

All life is an experiment. The more experiments you make the better.

Project D Update #24

Friday, December 1, 2023 10:46 PM

I've finally decided. To bite the bullet and move on with my 2 failed stocks - econ and the place hldg.

They are not holding out well. Well, not that they didn't perform; econ was at a hype when I entered just right after the IPO. Paper profits peaked at 0.04 per share, and there was a coming down curve, shld have hopped off the train when it just started to come down. Greedy me wanted to wait, and ended up sitting on a close to 50% loss.

Likewise for the place hldg. I guess I am one of those fish that got hunted down by camper traders.. they waited for me to enter so they can exit. Sat on another close to 50% loss.

In the end realised losses of abt 3.5-3.6k. Couldn't bear to count the amount. 越想越心痛。

Anyway saving grace is that market started to recover upon weaker inflation data. Market confidence pumped as banks started to dip into the red. REITs all bottoming out, slowly but surely recovering. Entered FLCT at 1.06 using my loss making proceeds.. hope it brings me some luck to push the price up.

Strangely, I did not receive any Dividends in Nov..

Update #24:

Warchest: 684.09

Dividends received YTD: 2690.51

All life is an experiment. The more experiments you make the better.