Flat week but dipped into china banks

 Stoks

• Not much happening but CN stocks continued their rally in anticipation of new investors coming in next week.
• Did some stupiak stuff, traded BABA and FXI for a loss only to see them go up.
• Bought into China banks as per ML recommendations, ICBC BOC CCB, total allocation is still less than 5%.
• Average yield around 6.4% after 10% dividend tax from CN but is significantly undervalued compared to local 3.
• But performance wise, still not on par with DBS so the reason keeping it as a small % of PF.
• State owned banks as well, no risk of JBB, will buy down every 10% if it happens.
• Banks will always earn, just lesser or more each time.
• Bought more OCBC in both accounts as their yields climb closer to 6%, sold FCT n CFA and deployed using those funds.
• Left with around 80K SGD for emergency, will really need to be prudent since cash % is under 10%.
• Still have approx 2 months before receiving last div of the year from DBS.

US P/L 264174.92

SG P/L 112356.64

HK P/L 196408.07 

IBKR C58185.92 $60034.73

Up-ed approx 5K for Tigers, 0.2K for IBKR

Put 30K SGD into MMF, 30002.53

1.2994 USD FX

+23000 BOC, 14000 CCB

+2000 LINK

+18000 ICBC

+2700 OCBC, -20000 CFA, 10500 FCT

-12000 CFA

+500 OCBC

-MSFT, META, GOOG, AMZN, HESAY, VUAA

Life

• Sibei suay, after stye on right eye corner recovered on Mon, started feeling the same in the middle of the lower eyelid.
• Turns out it spread to the other side, how i dk but so far almost recovered as I'm writing this post.
• Ended up buying 16613 bluesy and 16710 black from TT last Sun, still waiting for QC since its CN holiday week.
• Tmd, as I expected OCT had another 1% discount so I sort of lugi-ed 5USD just by waiting 1 more week.
• Time flies, it's the last Q of the year...pkl