Tuesday, June 20, 2017

the 2nd quarter of the 2017 whizzed past so fast that I didn't realise it until my mid-year bonus was announced.  Since the annual appraisal with my supervisor, it seems to me that competition has notched up. In all likelihood it has always been this way and it is likely a product of my own state of mind.  I do hope everything turn out well.

Bought UMS holdings at the start of the year, and averaged up once I realised that the trend is looking good - no announcement of renewal plus buying of shares. First entry point at 60c second entry at 79c? overall price was 71c. and sold all of it at an average of $1.15. very very pleased with the result. I saw some people got burnt on the forums as they chased th eprice only to be hit by the recent US Tech Selldown.

When I made this purchase it was based on its stability of business and its MD's effort to diversify. it was yielding 9% on my buying price. wonder what was on these people's heads when they bought it at 6% and all time high PE?




Sudden urge to buy a car for its convenience and joy of driving *manual please
I don't mind a cheap 2nd hand one for refreshing my skills. but it costs quite a bit and will likely affect my TDSR as well as cash on hand. Shall patiently wait 2 more years.

Here how I am going to hard-save my "car money" : 1) Set aside the money that would have been spent if I purchase a car, 2) buy something really high risk high reward. win or loss it is still probably going to be a more worthwhile investment that a car. hahaha Noble Group anyone?

this will be the "leave it to fate funds"

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