Passive Loss

Author's Notice: Hello everyone! Before I begin this post, I would just like to point out that I recently started a Youtube Channel , rebranding myself as "The Incipient Investor", and have posted a rather comprehensive analysis & valuation of Raffles Medical on there so do check it out if you've missed that! I'll be creating videos to accompany every blog post now moving forward, even this one ! Thanks for the support! To start off this post, I'd just like to say that I know I'm rather late when it comes to analysing my portfolio performance for 2023.  I'd first like to commemorate an important milestone that my portfolio has crossed, which is the 20K figure, only achieving it just recently during the final days of December when equities significantly rallied due to the Federal Reserve singing more dovish tones, resulting in the market starting to price in multiple interest rate cuts starting as early as 2H FY24.  My Portfolio Holdings End of 202...

 Hello everyone! PL here with just a short portfolio update to rid the radio silence of my blog! I'm currently undergoing my vocational training and hence still don't have too much free time to continue writing detailed blog posts regularly. Nevertheless, here are just some updates on my portfolio :) Screenshot of my Tiger Brokers Portfolio Initially, my portfolio had Keppel Corp in 100% weightage, but I took profit on half of the proceedings when Keppel neared the $6.50 range and put the available cash into United Hampshire US REIT, which is a counter I've covered in the past. Overall, the total profit for the account is SGD 1.9k, yielding a forward dividend income of SGD 1.3k per year. I will continue to hold my remaining stake in Keppel as I believe that the current plan to recycle capital into recurring income is coming to fruition quite nicely, potentially cementing Keppel's status as a solid Blue Chip company that will provide me with cash flow for years to come. ...

 Hello all, KOPL here back with a second portfolio update. It's been one month since my previous portfolio review and I just wanted to provide some updates regarding my portfolio performance and thoughts regarding future purchases.  Screenshot of my Tiger Account It is no secret that Keppel Corporation has been the biggest drag on my portfolio's performance, which is quite a shame given that my conviction in it was the highest, as evident from the fact that it is my largest allocated weightage by far. At one point before the earnings release, I was actually up on it by around $60. Nevertheless, I am still confident in Keppel Corp and am looking forward to the results of tomorrow's Sembcorp Marine vote. This is a long-term hold that I am comfortable with seeing through till the very end lest there is a sudden negative development that would significantly impact the fundamentals.  As you can also see, I have added 50 lots of Fu Yu Corporation to my portfolio at an average ...

 Hello everyone, this is the King of Passive Loss (KOPL, as opposed to passive income) with the first post of this blog. I'd like to begin this blog by introducing everyone to my starter portfolio currently as of age 18. To preface, by no means do I claim to be some financial trading guru or trading Nostradamus. In fact, as to what my name alludes to, I am probably located at the left tail end of the trader bellcurve. Regardless, I hope to give some insights to the mentality behind any moves I make so as to educate, entertain, and to possibly serve as a cautionary tale to what you should NOT do when trading. To add on, I like dividend investing but do not be mistaken, for I most certainly have a (reckless) high risk appetite.  To start off, my current portfolio consists of two tickers that are found in the Singapore Exchange (SGX) which are of the following that are held in my Tiger broker account: Screenshot of Tiger Account - 2 Lots of Keppel Corp - 8 Lots of United Hampshir...