STI is back to 3000 after ~11 months - a surge of about 580 points (~24%) since Nov 2020. For the past week, I have:
Added KWEB @ US$79.90.
Added Alibaba @ US$242.75.
STI is back to 3000 after ~11 months - a surge of about 580 points (~24%) since Nov 2020. For the past week, I have:
into my stock portfolio.
Yes, I have included Alibaba into my oversea portfolio after doing some research. I understand its intrinsic value is above US$300+ from several sources. As it is still unclear how BABA antitrust probe would end, its share price is expected to be very volatile. My first purchase is @ US$217.60. My plan would be to add more shares at different support levels based on technical analysis.
Happy New Year 2021 and happy investing :)
Local Portfolio (S$)
Oversea Portfolio (US$)
before Christmas. Santa Claus has decided not to give any gift to investors :(
I have added ASHR @ US$38.51 and KWEB @ US$76.75. Alibaba has captured my attention when it retreated 38.2% from its peak 1 month+ ago. Now, I going to start to monitor it after it plunged to US$222/HK$228 on 24 Dec 2020. However, I would need a plan if I want to invest in Alibaba. Should it be buy at support levels or DCA?
STI ranged between 2834 and 2847.
It has been 7 months since I start to create this local stock portfolio which focus on building passive income via dividend. I am glad that I have followed and even exceed my initial investment plan for this year.
Next year, I would not be putting in another $160k+ in local investment. I would adopt a more gradual approach. My plan for 2021 is to increase this investment to ~$180k.
If you have followed my blog, you would have know that I have also create another stock portfolio to gain exposure to oversea stock markets to focus on yearly growth. Since I am new to oversea stock markets and do not have time to do research, my strategy is to play safe and just purchase ETFs. I filtered them to my preference of China and Technology companies, and started to invest into ASHR and KWEB. I have adopted dollar cost average method. I have invested about US$9k till now.
My plan for 2021 is to increase this investment to US$28k. I am also considering to include a small portion of Gold related investment.
Happy investing and always has a plan!
to Christmas! Will we have a Santa Claus Rally this year? Don't hope, just stick to my plan.
I have added Mapletree Industrial Trust @ $2.81, ASHR @ US$39.20 and KWEB @ US$76.65. With this, I have achieved my extended target of $160k in local investment this year.
STI ranged between 2818 and 2848.
by adding 2 new reits. They are Mapletree Industrial Trust @ $2.90 and Keppel DC Reit @ $2.75. I am very close to my extended target for this year to make a $160k investment. Currently, I have 16 stocks in this portfolio.
STI has back tested 2800, and then resume its upward movement; thus creating a higher low. Potentially, it would move toward 2960 to close the gap created at the beginning of March 2020.
STI ranged between 2792 and 2869.