Skip to main content

Milestone unlocked - >$200k stocks portfolio value

Back in Apr, I shared that I'm inching close to $200k portfolio value

3 months down, I have crossed $200k portfolio value, mainly due to recent cash injection to my Tiger Brokers account.

Update on Tiger Brokers portfolio (~SGD$136k)


In my previous post, I had ~9k USD paper gain. 

As of today, with the bloodshed amidst the China tech stocks, and with a good majority of my Tiger portfolio holding their tech and bank stocks, I'm seeing negative.

I will be frank that I had averaged down my Tencent stocks (mind you, the minimum transaction 100 shares) at HKD 470 on 27 Jul 2021. I should have been more patient, as the price dropped all the way to ~420 HKD within a few hours. That's ~SGD$880 paper losses pretty instantly haha.

Here's the distribution of my stocks:

Update on CDP portfolio (~SGD$85k)

Since my start with Tiger Brokers, I've not bought any stocks directly via CDP/DBS vickers which I was using previously. Their fees are just too horrendous compared with Tiger.

Anyway, I have always been seeing red for my CDP because of bad stock mistakes in the SGX market. Stocks like SIA, Singtel, First Reit, Sabana Reit, SIA Engineering etc which I bought at a high are causing paper losses of ~SGD$7k+. 

Summary

While I've ~SGD$221k stocks portfolio value, I've technically pumped more than the amount 🤣
I'm no investment guru but I do hope all these are a good hedge against inflation. I will continue to invest instead of leaving my money in the banks.

Referral (shameless plug)

If you are keen to kickstart your investment journey, Tiger Brokers is now dangling better sign up bonus (yay to competition🐮!)

They are now offering:

  • 60 commission free trades within 180 days (instead of 5 when I signed up!!!)
  • 500 tiger coins which is a recent concept where you can exchange coins for stock vouchers (this isn't the most attractive perk)
  • And the best of all, ONE FREE APPLE SHARE if you deposit SGD$2,000 (they were giving Disney share previously)

If you are keen to receive the free Apple share and use Tiger Brokers , kindly use my referral link, or scan the QR code to sign up😊 You can also refer to my guide here and here.

Comments

Popular posts from this blog

I finally cross $700k networth, after 1 year 4 months

I wondered how I should kickstart this post - should I be positive or negative about this? After 1 year 4 months, I finally crossed $700k in networth - returning back to where I've been at, back in Dec 2021.  I am disappointed.  For the past many years, I've always been growing my networth, at around $100-$150k/year. I had big plans to hit a net worth of $850k by December 2022, but the universe had other plans for me. Instead, I only managed to reach $646k, leaving me with a $204k gap to my target.  Ever since I became more aggressive in my "investment" portfolio in 2021, being sucked by greed to deploy most of my cash into stocks and crypto, I fell heavily, along with the crashes. Crypto wiped out 5 digits savings, so did the stock market.  To be honest, ever since the crashes and a bad hit to my net worth, I actually didn't do anything special to improve. I didn't make drastic spending cuts, I didn't stop my holidays, I didn't continue investing (no

What the luck? DBS and OCBC banking tokens died!

What luck. My ibanking tokens went dead one after another. OCBC Token First was my OCBC token. It said "low battery", but I ignored it. And when I finally need to use it, it was dead. Granted that I could use SMS OTP, I had to make a big transfer to other banks and it was over the withdrawal limits. And to do that, I needed the ibanking token. And serve me right for not activating the onetoken. In the end, I had to call in to OCBC call centre for a replacement. 7 working days, they said. What a long wait. In the midst of it, I needed to make my interbank transfers. I even went down to OCBC bank and explored a stupid manual way i.e to withdraw cash and deposit into the other bank. But the moment they told me they ran out of big notes, I got scared. While waiting for the token to arrive, I figured I could actually do transfers in smaller amounts, but had to bear with a daily cap. Sigh. And, one week later, my OCBC token arrived. How efficient. DBS token

Extremely bad start with UOB One

With the influx of posts on social media re UOB One (psst on grabpay) and the receipt of my house keys, I decided it was the time to sign up for a UOB One account plus credit card. It was gonna be the best tool for household joint expenses and joint savings. However, I've faced multiple hiccups that made me VERY frustrated....WHY ME?! 1. Delayed approving process led to losing out of sign up bonus First, I signed up for the UOB One card and Account in early Oct through Singsaver's promotion. The promotion said that I'd get to enjoy cash incentive for registration + UOB's promotion of $80 cash credit with min $1k spent within 30 days of card approval. Mind you, t hese terms were stated to end on 31 Oct , extracted below: S$80 Cash Credit for  UOB  One Account:  Limited to the first 500 new to  UOB  Deposits customers who either (i) deposit and maintain $5,000 or (ii) credit their salary, into their new  UOB  account for 6 consecutive months. Terms and conditio