Fomo gave up bought reit etf

 Stoks

• Bought CFA reit after looking at div but turns out to be the wrong calculation using Beansprout yield.
• Supposedly to be more than 6.2% at time of purchase, looking at current year distribution which is significantly lower than 2023.
• After some sums using q4 distribution to be the same as q3, total yield is only at 5.58% which is bad compared to banks.
• I guess it's the expense ratio shit and I think will slowly drip and dca every 10c down.
• The reason behind purchase was due to the quarterly payments like DBS and its spread out more evenly in 2 5 8 11.
• Definitely lesser price appreciation but diversification is there.
• For US markets, NVDA beat earnings but not as big as previous few quarters. Stock actually sold down after earnings for the first time not seen.
• Got into AMZN and alittle more of MSFT, CRWD and NVDA.
• Received 9.3K from DBS on Mon, saw the BBs in IN with their crazy amount of div.
• Made some changes, will be updating PF P/L numbers every last Sat of each month instead of every 2weeks.

US P/L 264200.22

SG P/L 77091.84

Up-ed approx 20.2K SGD

178293.10 SGD, topped up 78K into MMF

1.3027 USD FX

No actions taken

Bought into CFA, a little late tbh

Take as a perpetual 5.5% bond

Life

• Booked and cancelled IPPT last minute due to some miscomms, perhaps would have an extra $200 this week should I went.
• Feels like something wrong with left shoulder when doing pull ups.
• Is it something wrong when doing push up?
• Plan to do planks every night before sleep, 2 minutes every day is still better than nothing imo.
• Going for 7th mth dinner thanks to invite from relative.
• Received QC for watch after so long, looks like will only get the stuff next time.
• Good thing is COL payment and new redmi phone will be here as well.
• Trader fren gave early extension for upcoming month so 2x in the next month...pkl

Jpow say time has come

 Stoks

• Week started off strong as market anticipated something good to happen at the Jacksonhole meeting.
• It was until Thursday that a small selloff happened as traders took profit in case things don't go the way they wanted to the next day.
• But Jpow showed the middle finger to the bears as he mentioned "the time has come for policy to adjust" which sent another pump.
• However it closed slightly lower compared on Mon than on Fri.
• Rotated almost entire % of QQQM into CRWD, MSFT, GOOG and NVDA.
• Still keeping biweekly DCA of 500 into QQQM and deposited another 16K SGD to make records easier to keep.
• Meanwhile reits in SG is having a party as most continued to go higher in anticipation of bigger cuts which will lower their cost of borrowing.
• Ascendas and Mit reached levels not seen for some time but are generally still far from the ath.
• Looking at Mit transactions, slight regret is coming in lol but oh well this is the price for being stubborn and unwilling to adapt.
• Bought some more DBS n OCBC to balance the ratio.
• If opportunity comes again, will not hesitate to buy more, feels too late to chase reits when you have 6% yield at 50% payout ratio.

US P/L 264200.22

SG P/L 56871.04

IBKR $50034.73 C47794.26

Up-ed approx 12.2K SGD excluding 9.3K from DBS next week

100197.71 SGD 

1.2967 USD FX

Withdrew 16.1K to IBKR

Bought alittle more of each, still very stubborn

Life

• Tmd is taking so long for QC to come, it's been 4 weeks since order was made and still no pics.
• Emailed sales but still no reply as of now, bloddy hell man.
• Edit, finally received on Sun morning 10am. 
• Friend informed TD started giving crypto discount 4days ago, like wtf man.
• Poor boy had his PTSD as he was left alone for 1hour, he must have felt Uncle and Mama abandoned him.
• Received gin made from local distillery sent with thanks from Tiger Brokers for their 10th anniversary. 
• Still appreciate their efforts in maintaining PR with their clients unlike trad brokers.
• Went for BFT at Yoha thanks to fren's company, not too bad still won $10 SB card for longest dead hang.
• Met with group of sec sch frens, had pizza and Lao Wang and stayed till 1am...pkl

V shaped recovery

 Stoks

• What a bloddy scam manipulation by the US market.
• QQQM up almost 6% since last Fri's closing price and most of the tech stocks except GOOG increased by at least 10%.
• NVDA took the lead from 92 to almost 124, looks like AI trend still very hyped.
• CPI was "better" and "more" retail spending for the previous month but did it justified such big pumps from the market?
• Anyway, good that it spilled over to Asian markets and my biggest 2 holdings up 5.9% and 0.5% not including ex div amount which has already been bought back in by BB.
• Feels like due to confirmed rate cuts next month which will bring down attractiveness of MMF and other safer yields.
• Better to lock in 6+% yields before gone, slight regret on ME8U but oh well.
• Thankfully didn't wait too long for DBS entry if not would have slapped myself hard in the face.
• Took discount from DBS and bought more QQQM and GOOG for IBKR.
• Had some small issues with IBKR but glad that it was resolved within 1day.
• DRIP upcoming CDs from DBS n OCBC back into portfolio, since its not part of initial capital so will be able to add at least 800 DBS and 600 OCBC every year.
• Cash still at 26% after 30K was took out into IBKR for monthly DCA, may look back into US options for additional premiums over there.
• Meanwhile just wait for dividends and continue with dca/drip plans.

US P/L 264200.22

SG P/L 44609.95 

IBKR $31500 C31739

Up-ed approx 35K SGD excluding 14K of div payout next week

250186.34 SGD

1.3138 USD FX

Withdrew 32K for IBKR

No changes to 31.50 and 13.50

Drip-ed back into holdings

Life

• Received payment from trader fren after giving him a remainder at 9pm on collection date.
• Met up with kitchen fren and went to Scaled, not too bad of an experience and the mussels were the highlight. 
• The rest were so-so tbh but at least they took the effort to introduce the preparation of each dish.
• Have been seeing frequent XXQs, likely to have a nest nearby but given the amount of stuff hoarded, hard to determine.
• Bought the bait and laid around the house, thought everything was good when no sightings on 2nd day but subsequent days had sightings again.
• Hope to see lesser and lesser each day.
• 5 more years to getting a 3rm resale hdb, bloody long wait to go. Priced out of condo but can't do anything much about it.
• Good for sister that she will be able to get a place on her own soon next year...pkl

What a week

 Stoks

• Some thing about yen carry trade happened and markets had a big sell off on Mon and boy, local banks weren't spared.
• DBS took almost a 6% drop on Mon and closed 5% lower for the week thanks to decent earnings if not how much lower I dk.
• OCBC was slightly better at 4% for the week and ex div on Fri thus explaining the rise in share price as people bought at a discount.
• Will probably buy the ex div amount on following Mon which is around 300 shares for DRIP.
• DBS will ex div on Thur but unlike OCBC n UOB which increased their dpu, DBS was flat and announced PG's retirement.
• Hopeful upcoming CEO will be a capable one and not because of female empowerment stuff.
• We still have around 2 earnings call to see the direction of bank's earnings, probably not gonna buy anything for now till TP for both banks.
• Plan to increase allocation of OCBC in the future and continue with the 1K USD into QQQM every month
• Did some cha-cha with IBKR and ended up downloading the app again.
• As usual US pure manipulation with lesser people claiming unemployment benefits which contradicted the previous increase in unemployment.
• Bloddy hell, they should not be thinking of cutting rates since they have a 'better' data now.
• PLTR is ridiculous, almost 40% in the last 5days while I lost all my gains and PnL is probably flat or negative this year.

US P/L 264200.22

SG P/L 9011.74

IBKR down-ed 2.4K before reset

Down-ed approx 28.6K SGD

First time seeing DBS go red but did some sell low, buy lower and brought cost basis down.

250000 SGD 

1.3208 USD FX

Withdrew 5K for premiums

Next TP at 31.5 and 13.50

70.07% Banks

29.93% Cash

Will be taking some cash out into CIMB next week

Life

• Still waiting for my op36, it's been almost 2 weeks and seller is still waiting for factory to send the product.
• Haven't been running this week, form will surely be worse than last week.
• Another month has passed, will be collecting the next payment from trader fren next week.
• Did some adhoc clearing of stuff and renewed 6mths road tax...pkl

Rabz DBS under 36 le, is it going to 30?

 Stoks

• DBS finally fell below the previous resistance of 36 and closed at 35.31 due to BOE cutting rates for the first time.
• However BOJ decided to raise their rates which resulted in yen strengthening. 
• US market started to sell off as the fears of a recession has come into play, USD weakened, 2/10yr rates dropped as well.
• UOB n OCBC reported earnings this week and OCBC obviously did better due to it's riskier style of play.
• Both banks raised their div payout to 88c and 44c respectively which shows their ability to reward shareholders more.
• DBS will be reporting its result next Wed mid-day, hopefully it follows the way of OCBC if not we'll be seeing 35 then 34.
• It isn't all is lost as long they are still be able to generate profits other than from net interest income.
• Rotated out of single tech stocks at some losses to pure CSPX n QQQM in IBKR.
• Rough gauge of PF performance down to probably +4 to 5% this year.
• Will have to control purchase of stocks at this current point, if shit hits the fan then all is gg.

US P/L 264252.09

SG P/L 37528.06

IBKR $37600 C36348.08

Down-ed approx 16.8K SGD.

333434.13 SGD

1.3229 USD FX

Withdrew 15K to fund IBKR

Bought 1400 DBS

70.86% Banks

29.14% Cash 

Life

• Turned 30 this week, managed to push for a silver, getting that extra $100.
• Exercise routine will continue all the way, surprised myself when I got max pts for PU which I don't know how it happened.
• 58PU 38SU 12.01
• Celebrated birthday with 24 at Jewel, countdown 5more years to flat purchase...pkl