Wednesday, December 30, 2020

Dec 2020 - Wrapping up a crazy year (II)

Quick notes on my yearly updates on financial stuff: 

total AUM went from ~$300,000 to $355,000

Equities ~$120,000 to $175,000 

Bonds ~$180k

I did not expect to save that much due to reduced bonuses from work and higher one-time expenses. 

Significant gains came from moves made in stock market - US Election never fails to bring joy and opportunities 

This represents a bump of 18% in total AUM, is breaking my previous high of +~$48,000 in a single year. 

Looking forward, goal is to further up equities until it is at least 65:35

Tuesday, December 22, 2020

Dec 2020 - Wrapping up a crazy year

As the year comes to an end, and what an unusual year it has been, I find myself feeling pretty refreshed and intrigued by everything that had occurred. 

Investing wise I have learned many useful lessons which will stay with me for long. Breaking traditional wisdom and accepting changes/ truly embracing the meaning of life-long learning. It's like traditional wisdom and lessons / case studies still work but should not be taken as 100% gospel truth to be followed blindly, rather applying the theory and using it nimbly on current market and futures. Aswath Damodaran sums its up perfectly in his blog posts and videos that many "value investors" had become so enamored in their applications of the techniques that they missed out obvious trends. I am thankful to have chanced upon his sharing via internet early this year and learnt a great deal while dealing with the sell-down in March and subsequent challenge of allocating my cash in the mighty upswing that was in July - Nov 2020. 

I hope to apply all I have learnt and experienced in 2021. 

Work has been uneventful thus far (which is good), with a slightly minor note of joy. A slightly larger than usual increment thanks to being promoted help me financially and I felt relieved that I had move past the salary range I was stuck at previously. Nothing much to jump about as it is more of a "your time is up" kind of promotion versus the "we think you are good" which actually pisses me off. Anyway, I have been focused on growing my wealth instead of climbing the ladder since 2016, journey has been great thus far. 

Health and fitness wise this was not the better years, full of minor aliments here and there makes me feel like I am really aging. There were moments which I felt great after a good rest, when I could perform well on the court, but these were followed quickly by post-game aches and soreness. I need to recover from my ankle, shoulder cuff, and thumb injuries soon! 

On the topic of aging, I do feel that with diet, knowledge and better living conditions humans tend to be able to delay aging better compared to previous generations. At the rate I would think I will look younger than my dad did when he was 40. 

Met some interesting people during my social volunteering duties, with the most interesting one resulting from a wrong number call from a random kid. All I can say is life is so unexpected at times and the strangest of occasions will lead you to things you cannot imagine. 

Onward to 2021 ! Floor Level 37




Tuesday, December 8, 2020

November - December 1st month review post restructuring of portfolio

Basically to record what I have done and the results of my actions.

Stocks bought: TSLA, PLTR, AQB

TSLA was added due to the S&P500 addition news. I believe there would be a huge run up leading into 21 Dec. Still deciding if I should take profit or hold. Since then I have read up more and more of the company and start to find this company really innovative and interesting. The areas of business are wide and span across traditionally non overlapping industry by a single company. This was why I bought into ARKK in the first place. 

PLTR - was a purely speculative quick trade based on recommendations. Entered at $10.50 and sold at ~$27.5 after news of citreon shorting it and I felt that since I did not research much into it, better sell and secure my quick gains and reenter at $20. On hindsight, I think I can hold longer, by collecting capital and leaving pure profits to run if I put some homework in and dyodd. Currently, share prices are back close to ATH of $30.5 and if things goes well, would possibly be a 5 bagger by next year end. 

AQB - Saw ARKG and some chinese blogger talked about it. Was deciding which fake/alternate meat company (VRYYF) to invest in start a small position last month before coming across this counter. I felt like between fake meats like lab grown meat/plant based meat/ GMO meats, personally I would prefer to eat real but GMO meats. Its just less gross? IDK and feels more real? So I got a small position..I hope the company or similar company gains support before the fake meats / lab grown monstrosities gains too much traction. 

Overall, the restructured portfolio now stands at the following weightage: 

  • Income (mainly S-Reits): 40%
  • Stable Growths / Long Term trends: 25%
  • High Growth (and higher risks): 30%
  • Speculative (includes BTC): 5% 

I am considering to allocate 5% for speculative and 5% for BTC as a stand-alone for fiat hedge (sorry no gold). Where do I get that 5% from.. hmm 


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