Sunday, 18 June 2017

Why I don't play in overseas stock markets

Despite home biasness and possibly missed opportunities by only investing in SGX stocks, the big deterrent for me to dabble in overseas stock markets are the additional costs of trading and holding the foreign exchange's stocks. See https://the-international-investor.com/international-stockbroker-list/singapore-stock-broker-list

Trading commission + nominee service fees (custody fee, admin charge etc) + FX fee + withholding tax on dividends

And of course... I am just too lazy to monitor other markets. If I want foreign market exposure, buy shares of companies with stakes overseas lo.


Can anyone convince me otherwise about buying stocks from overseas exchanges?



Friday, 26 May 2017

I work best when my boss is not around

Why?
  • I can work at my 'own time, own pace' at researching, planning and implementing new projects, rather than having to keep fine-tuning things that are already in place.
  • I get motivated by stories and visions. Less so by money and in-between kind of power. Anyway since I am not doing sales, technically speaking, I have less 'rights' to ask for higher pay / monetary rewards.
  • Boss likes to micro-manage and correct things down to the details, so there are often draft after drafts.
  • Boss likes to change his mind frequently.
  • When I am stressed with too many little things (multi-tasking over stretched), my work efficiency drops as I will then 'forget things'.

People don't quit because of the job.
People quit because of the boss. 

Sunday, 14 May 2017

OCBC repurchases share from market

"Oversea-Chinese Banking Corporation Limited (SGX:039) commences share repurchases on May 9, 2017, under the program mandated by the shareholders in the Annual General Meeting held on April 28, 2017. As per the mandate, the company will repurchase up to 209,124,917 shares, representing 5% of the issued ordinary share capital. " 

That may be one of the reasons why its share price was heading up in the past weeks. Its price was downhill when I bought, finally it is making a turn. In one of my previous posts I was lamenting that I should not have reinvested my dividends as shares. Lol.

DBS has shown a fantastically whooping >20% increase in share price from last year.


 Is it time to eat the cake? Hmm...

All I know is that we can never get our timing 100% right, if we are 70-80% right that is already very good hit. Even when I time my entry to DBS I also didn't manage to 'buy at the lowest'.

Buy LOW, sell HIGH. The logic is very simple. Yet somehow we seem to have guts and gut feels that defy the brain's logic.

Some MA and MACD for you?

 --
DBS disallows the transfer of money to Vickers on Sunday. Yikes, irritating.
Nevermind, let's move on to get some inspirations on a Sunday. TGIS :)


Wednesday, 26 April 2017

It's harvest time again

Here comes the time of the year for harvesting dividends. Yay!
I wonder if that is why people 'sell in May and go away' other than the summer holiday...

Just a refresher on what is ex-dividend date:
http://www.investopedia.com/ask/answers/06/exdividenddate.asp

Where can you find the ex-dividend date on SG stocks?
Here http://www.sgx.com/wps/portal/sgxweb/home/company_disclosure/stockfacts
Find the stock and click on the Dividend tab.

--
I shouldn't have sold some of my Keppel shares so early on the rebound and now I missed those dividends. Even though Keppel's dividend has been going south, it's better than nothing since my holdings are still in the red.  THAT is the problem of buying on the decline. Haiz.

Sunday, 16 April 2017

Thought processes & problem solving

I finally discovered how to utilise pivot tables for data analysis. It looks cheem to me when I first looked it up (I only know pie charts and line graphs for the sake of presentations), until I discovered the 'woah' moment with trial-and-error and things suddenly fall into place like magic. 
Not without some data chewing that was quite frustrating initially as I have 800+ lines of data with assorted information such as timing, category etc.

--
When it comes to problem solving, many times we tend to fall into the trap of focusing on 'What I can do?' instead of "What is the ideal solution to this?". If there is more than one possible solutions, choose the best one. The best pick should be the ideal solution to the problem, although that may not necessarily be the most achievable. 

With that in mind, we proceed to brainstorm on 'HOW to achieve it'. During which we can list down all the possible methods and pathways.



When problem solving starts with "What can I do?" before everything else, we set a limit on the possibilities based on our current ability. It is like looking through a peep hole instead of opening a door to the solution. When an action is taken it may lead to taking a roundabout path, winding around with no end point in sight or circling on the same spot. At times, it will make us want to 'escape the problem' because 'I just can't do anything about it'.


So instead of 1, 2, 3 in the above flowchart, it became 1, 3, stuck.

We need to keep our focus on the solution / outcome and be as specific as possible.

The complete cycle of problem solving in a clear picture:
Source: http://www.humorthatworks.com/learning/5-steps-of-problem-solving/


--
Back to my problem. I have to first see what are the data I have on hand and which part of it to analysis so that I can draw a conclusion for my boss on this question xxx. 
In order to analyse it, how should I organise the data. Then I ask what is the most efficient method to display the results and give the answer.

The formula - no need formula. Just pivot table.

Actually that is not the end to the problem, it's only the end to my data analysis problem. 

Back to the problem solving cycle. 😫

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