Saturday, 7 September 2024

Huat for reits but too bad me no have alot

 Stoks

  • Rabak week for US markets, esp QQQ which fell more than 6% since the past week.
  • Now bad news is bad news and bigger rate cuts would mean economy will be falling into recession in a matter of time.
  • No more rate cuts means better for the markets since the fall of USD equals to funds flowing out into other markets.
  • Meanwhile SG reits went on another run with CFA gaining almost 2% in the week, even higher for individual reit counters.
  • Local banks actually ran up quite abit in the first 2 days of the week but lost most of their gains as people took profits i guess.
  • Markets simply doesn't need a reason for pumps n dumps.
  • Made some changes to IBKR and sold off majority of US stocks before buying back on Fri.
  • Used the account to buy DBS, OCBC and CFA for ~10K SGD each, bloody expensive comms.
  • Compared to Tiger, almost a dollar more in comparison. Looks like only worth for US markets.
  • Won't be touching that anymore, not worth imo.
  • Sold a random 200P on TSLA and earned around 5.22USD, not too bad for a free meal.
  • Time to go slow on buying spree, needa conserve ammo.

US P/L 264200.22

SG P/L 81599.82

HK P/L 180182.95 

IBKR C55784.70 $60034.73

Up-ed approx 4.5K for Tiger, will update IBKR next week.



158286.34 SGD, withdrew 20K from MMF

1.2996 USD FX

Tf 10K over to IBKR






Bought 300 more DBS to complete holdings







IBKR holdings, pure estimated asset value








Life
  • Applied HFE for us as well, if they give a chance why not?
  • Went to Bedok Mall to settle Swensens voucher from agent fren, dropped off library books with her as well.
  • Weird that aircon guy hasn't updated me on his availability, business to the doorstep unless he's super popular.
  • Collected new IC from Singpost, half of life is officially over...pkl

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