Final summary of 2024

 Stoks

• Good year for STI esp local banks which all 3 rallied more than average 27, 28 and 44% for the year.
• Reits are still lagging behind as rate cuts are expected to slow down or even reduce as inflation stays sticky.
• With trump taking over in 3 weeks, inflation is bound to come back high give he plans to cut rates and turn on the money printer.
• US performance was low compared to SG portfolio due to my constant buy and sell but surprisingly managed to beat SPY but not QQQ.
• November was a good month for stock market after trump won the election, sending a massive pump to stocks and crypto related to him.
• TSLA went back to aths and reached high of 488 before losing steam, no time for hindsight 20/20, will laugh if it goes back to 200 and those long term investors lost all their gains.
• BTC broke previous highs and went to 107 before closing at 93 this year, seems like a 3year bear every cycle before making new highs. Luna vesting is completed.
• Given how markets are seemingly expensive and many are calling for a crash this coming year, doubt it will happen and we will still see a green year again.
• If not, will slowly dca 2K max every week for 30 weeks if it so happens to have a consecutive 30 down weeks.
• Going QQQM and VGT for peace of mind and exposure to US markets. Some IBIT for why not.
• Hearsay DBS and OCBC to increase div this year and possibly a special payout for the latter.
• Still have around 40K for SGD bullets, hoping banks can increase div so I can lock in the gains without having to sell the stock to realize the gains.
• Received a letter from Singlife saying first payout for MyLifeIncome will be on the start date of every policy year which is Mar and Aug. 
• Upcoming payout will be 1922 which happens to be 3.7% annualized based on premiums paid.
• Should things go south, will cancel the policy since capital is guaranteed and SV is officially more than premium paid.
• Here's wishing to have a 'good' market for 2025.

Life

• Biggest update would be, got my first gen 16570 'D' serial for my 30th this year on Nov.
• What an irony give that I told myself no luxury goods motto last year.
• So far largest amount paid for something which can only be used by 1 person at any point in time.
• Went into local rep tele group, managed to clear one of my Omejas and traded the AP for a Hulk.
• 6 reps bought this year, best value would be the starbucks. Would have saved alot more if I knew about Andiot/Necoclock.
• Sold all my chinese watches for a loss as expected.
• Looking forward to another purchase in 2025 if all goes well and I hit the 2nd milestone of 1.5m pf value size.
• Other than watch purchase, no large ones were done. Bought a new redmi and managed to get silver for previous and current window.
• Next one will start on Aug this year but should be no issues if I continue the weekly runs.
• ICT in 12 days, good time to chill with familiar faces again.
• Have the feels to learn Korean to sing K songs and also do braces for 2025's resolution. 
• Lesser styes for this year, total of 5 hope to keep the number to 3 this year and aim to get lesser over time.
• Jan, June, Sep, Oct, Dec.
• Car is left with 13 months before scrap, next update will be me starting to view a parf Avante from 2020.
• Left with about 7 mths about Burden Wang moves out.
• Stopped climbing as well for this year, left with 7 payments for AIA life policy.
• Investment interest from trader fren has ended, remaining 3K still in progress with pri sch fren.
• Wishing for a healthy 2025 for families and friends...

1/1/24 to 31/12/24 rough estimate

Dividends 2024 reference

2024 Closing

2023 Closing

236850.21 SGD Deposit

Withdrew 25100 in total

Overall good year 

R+UR P/L $287602.71 

35030.23 USD MMF, 1.3551

Markets starting to correct?

 Stoks

• Markets had a small really going into mid week but decided to correct itself on the last week of the day.
• But weekly performance still gained a ~0.5% for both QQQ and SPY.
• Short week due to Xmas eve and actual day, same for next week with only 3.5 days of trading.
• Bought more into US over the week, CFA and OCBC as well.
• Plan to manually DCA instead of auto invest, can control the amount of bullets to use.
• Aim to have at least 500K into indexes for now.

US P/L 270044.75

SG P/L 255240.05

HK P/L 163206.17

Up-ed approx 16K SGD ftw

1.3545 USD FX

35012.78 USD MMF

+ QQQM/VGT/OCBC/CFA

Life

• Celebrated early XMAS with sec school frens and went to sing K last Sun.
• M.W had a long staycation this week, same for next week.
• Car handle decided to chu pattern today, will probably cost hopefully under 200s.
• 3 more days to the end of the year, not much happenings this year also.
• Hope to resume travelling more next year...pkl

Really give up liao

 Stoks

• As per title, after some ups and downs this week due to Fomc cut, I decided to just focus on purely 2 etfs, VGT n QQQM.
• USD went up as JP said number of cuts will likely decrease due to inflation coming back which 100% once Trump starts work in Jan 20.
• Ratio will be around 4:6, with weekly DCA of 200 and 300 and increasing the amount every month.
• The reason being, VGT is the pure tech play of the US market while QQQM being the innovation play with FAANG inside.
• Closed all the stock and its options respectively and taking a L, including NVDA in TBL acc.
• Local 2 banks took a weekly 2% down but still not at the price I'm willing to take another bullet at.
• Went for reit ETF and bought back Netlink for that 6.2% bond yield.
• Reits will be favoured if it continues to drop further over the few weeks, did the same for TBL acc as well.
• This past 3 weeks has been a disruptive period and imo not worth my health. If I miss it, so be it.

US P/L 270030.59

SG P/L 239211.75

HK P/L 163206.17

Down-ed approx 30K SGD ftw

1.3513 USD FX

50000 USD MMF

Sold individual reits for CFA 

Will consider should they drop even lower

Life

• Another stye in the right eye, thks to Elon fking musk and late nights.
• So year till date, a total of 5 styes including current one.
• Going for some window shopping at FEP, gian-ing at the 16234 white roman if it happens.
• Will be meeting sec school frens for dinner at ECP tomorrow.
• Christmas next week, 3 more weeks to ICT and lepak...pkl

TSLA new aths, accept my fate liao

 Stoks

• Finally broke ath and set new ath for TSLA after 3 years of sideways.
• Too bad, seeing it going higher and higher but not holding as much as previously.
• Had some trouble sleeping due to remorse but oh well, life's like that, you can't time shit and never know what will happen.
• At least banks had some consolation for me.
• Bought a little more TSLA throughout the week, currently holding around 143 shares at cost 400.
• Set up a DCA weekly plan of 300 USD into VGT while yolo-ing into what I called, ASP, assets secured puts instead of CSP.
• Aim to get at least 200 per week from the monthly options.
• Trump is officially starting on Jan 20, so shall see whether is it BTR n STN.
• Now that it's ath for TSLA, there is no more resistance and stock can go however high it wants, depending on how much BB wants to pump.
• Thinking to trim from 500 onwards but still undecided.
• Side note, US yields are increasing which means higher lending rates for banks.

US P/L 274713.84

SG P/L 263352.22

HK P/L 163206.17

Up-ed approx 12K ftw

1.3440 USD FX

10019.22 SGD MMF

64544.09 USD MMF

New positions into CJLU, VGT and adding more

into reits.

Life

• Trader fren has finally repaid his debts after 2.5yrs, that should be the end of our relationship.
• Had some catch up with sec sch fren, another meeting next Sun to celebrate Christmas.
• 2 more weeks to eoy, been a decent year but times flies...pkl

US markets ATH, tsla up, pltr up

 Stoks

• Very strong week for tech ai stocks, not so much for btc and related. Seems like they're starting to slow down.
• TSLA closed AH at 394 from last week of 345, more than 12% up for the week as fomo money keeps coming in.
• Same for PLTR which gained even more from the last week, apparently all the Paypal mafia gang stocks are benefitting a lot from Trump's victory.
• Finally spring for TSLA investors, cfm 400 next week but sadded me, imagine staying in original position since the crash.
• Would have almost all the gains back and breaking new ATH but ownself chose to paper hand.
• Such is life but what to do?
• PF reached 52 week high and value is almost reaching $1M USD in value soon unless market crash but very low chance imo.
• Basically there is nothing to stop this bull, given the fact that rates will be cut again in a week or two.
• Hopefully people should stop expecting to see a market crash since most likely not going to happen.
• Although after experiencing the crash in 2022, given how high the markets is, it's impossible to fall back to Covid levels.
• DBS started its share buybacks, pushed stock to another round of ATH but overall performance still lost to SPY.
• Cash pile at 11%, selling puts while waiting for more opportunities.

US P/L 269665.85

SG P/L 255290.49    

HK P/L 163206.17

Up-ed approx 28K SGD 

1.3376 USD FX

10013.34 SGD MMF

70089.44 USD MMF

Bought some more IBIT

Life

• Drove to clear off my Omeja Seamaster 60th to buyer at Bedok.
• Tried to find 36mm DD and DJ from Neco but too bad no size and specifications.
• Went to drop off 11 bags of clothes to cousin, at least cleared some space at home.
• Should be getting last payment from trader fren next week, he better not chut pattern again.
• 1 week since poly fren's wedding, time flies so fast. Turns out trader fren gained so much bad reputation throughout this period.
• Like how and what happened to him but as long he returns what he owes, who cares...pkl