Sunday 29 July 2007

End Game Goal update













Visualization of your Goal is very powerful, and even more powerful if the goal is shared and made known to others.

I have slightly passed through the 50% mark in term of time, and I want to achieve at least 67% in term of FI Goal by Dec 07.

Cheers!

Friday 27 July 2007

End Game Goal update - Jul 07










Wow! STI corrected earlier than expected. I don't think I will made any transactions over the next few trading days so I will close the book for Jul 07. Fortunately, I have managed to sell all my SPC holding at a good profit. Never try to maximize profit, it is always prudent to take partial profits on the way up.

Thursday 26 July 2007

Portfolio update - SPC sold out
















H1 earning is out. Will wait for correction to enter SPC again in view of surprise interim dividend of $0.20 and good result.

Wednesday 25 July 2007

Portfolio update - sold some SPC















DOW drop again! This time by -226 or -1.62%. I don't think this is a bullish sign and also crude oil dropping. It is better to be safe than to be sorry. I am taking another 50% profit off the table for SPC since it has run up so much.

Monday 23 July 2007

Portfolio update - sold Semb Corp, SPC, and Kep Corp


Today is partial profit taking day b'cos I am not sure what will happen to DOW after the last Friday fall of -149.33

Thursday 19 July 2007

Portfolio update - Contra CPL, add KEP


Made a contra loss on CPL due to insufficient fund to hold it.
Bought back KEP on correction. Next week, Keppel is reporting its H1 result. Based on past experience, Keppel will likely to rally towards $14

Monday 16 July 2007

Saturday 7 July 2007

Another woman colleague with two young kids resigned, probably due to works pressure, she has been working very late for quite sometime as the boss is very pushy. It is important for us to have plan in place to achieve financial independence so that we could get out of the rat race; and stop being push around by bosses threatening us with poor performance appraisal.











It is also very important to protect wealth when approaching financial independence in the event of severe market correction, hence it is prudent for me to review the allocation between fixed and variable wealth. I will raise the fixed wealth portion to above 50% by year end.

Wednesday 4 July 2007