Month: November 2016

FREE Tools that i use for stock analysis

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People always ask me where to find information on US stocks ar? Every investor should be well equipped with the correct tools before they start. Information is key! Below are the tools i use daily for creating my winning portfolio.

Trading View – Free interactive stock charting tool.

Finviz – My favourite stock screener, lots of advance filters, fundamentals and technical all covered.

Seeking Alpha – For professional analysis and news updates.

Stocktwits – I don’t really use this, but its good to see how are people reacting to certain stocks. Sometime their comments might pull you back before you enter a trade.#

So what i usually do is use Finviz to look out for stocks. Then i will put the ticker in Trading view to understand the technical. After that i will go to Seeking Alpha to see if others are thinking like me. Learn to play around with all this tools, its quite addictive after you start 🙂

Do comment below if you have any free trading tools that i miss out!

Please note i only use the Free version. I don’t subscribe to them as i don’t do day trades hence it doesn’t really help me.

 

 

 

 

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My holy grail and some stocks that i am looking at now

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As of 30/11/2016

Hi guys, this is my watch-list for US stocks. Most of the stocks you should have heard before, like Paypal, Google, Amazon etc.

Currently i only take long position (means i only buy, i don’t short the market). So i will look out from sharp drops and validate the fundamentals again before i enter the market.

Lockheed Martin (LMT) is one of the hottest stock that i am looking at now. Basically is it a supplies weaponry to US army and also other parts of the world. After trump won, many felt that his influence will bring more war. Please note LMT has already gone up 10% since the election result was out. Still looking for a good chance to enter.

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F35 One of Lockheed Martin defense product

I will also be looking to take more position in Phillip Morris (PM). They are the supplier of Marlboro, so for all those smokers out there time to put some money in PM to cover your smoking expenses. Their new product iQos is very interesting. I am not a smoker but response in Japan on the product seems to be positive. It is basically a new vaping method that involves heating up cigarettes instead of burning them. Below is a video of the iQos.

Disclaimer: I am not a financial expert, i am just a ordinary guy wearing a Rolex. Please do your own research.

Commission, Commission, Commission

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Just meet my BTM buddy who is gonna be station at USA for the next 2 years. Catch up abit, fatten up abit and talk cock abit. Then he told me that he have some investment using iFAST. Brought a few high risk funds from first state. Which is good, better than Insurance investment, so i asked him about the commission and the sales fee. He everything also don’t know, siao liao dunno isit kana chop. So i decided to do some research on First State funds for him.

FIRST STATE ASIAN GROWTH FUND (Reccomanded by FundSuperMart)

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So you can see the fund charges is around 3% + iFast fee 1-3% depending on your adviser.

3-6% u can say very little but you see the fund growth, 6% average over 10 years. Means all your gains all go into fees and commission. If you have a investment now please go check your fees! Agents always avoid this kind of question one, call them to get your free Starbucks!

So what is the solution?

DIY, buy ETF off stock market. ETF charges easily less than 1%. Don’t let funds eat into your profits. Funds managers don’t get rich from investing, they get rich from your commission.

If die die want to use iFast, do it online, use fundsupermart, eliminate agent sales charge.

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Some investors have made fortunes through what appear to be superior analytical skills. Household names like Peter Lynch and Warren Buffett achieved their successes through picking individual stocks. Many more individuals you’ve never heard of have attempted similar strategies and failed. Even most professional mutual fund managers can’t beat the market, and while this is not a popular theory, Lynch and Buffett may have just been exceptionally lucky, even if they are financial whizzes. Highly regarded economists have, in fact, shown that a portfolio of randomly chosen stocks can perform as well as a carefully assembled one.

Yes, you may be able to beat the market, but with investment fees, taxes and human emotion working against you, you’re more likely to do so through luck. If you can merely earn the same returns as the market, you’ll be doing better than most people.

Quote from Investopedia.com

 

 

Costly Lesson that i learn thru 20 years of my life.

Below are some money saving methods that young and old can learn. Key learning point: Only buy things you understand!

  1. Avoid INVESTMENT LINK POLICY aka ILP, allocation rate was only 30% -.- Means i put $1000, $300 go into investment, $700 insurance company eat as commission. Even with 100% allocation, every year 5% management fee, ETF in US only 0.5% max, no wonder insurance agent all drive Mercedes.
  2. Avoid Leverage! 2X also cannot, if you leverage X2, stock drop 50%, your stock = $0
  3. Don’t Gamble on soccer. Barcelona vs IDK what team, KNN lose, lose 1000.
  4. Don’t go Siam tiu open bottle, get your insurance agent to open for you, some will diao hua for you also. #rolexkingtips
  5. Want drink Starbucks? Call insurance agent also
  6. Don’t waste time on workshops like Adam Khoo or Whatever wealth adviser shit. Tuition fee easily $1,000. If you portfolio 10k only, haven start invest already lose 10%. Trick: Tell them you got 10k and you will pay them your profits. If they accept good for you
  7. Really too much money and too lazy to invest? Just put in FD, above 300K can get 1-2% guaranteed, still got free twg tea to drink every weekend.
  8. Oversea property market PLEASE AVOID unless you own-self fly down see the house. i seen people think they put 100K but 1 apartment, end up only buy 1 sq ft in some slum.
  9. Car, don’t be stupid use half your salary go buy car. Car depreciated damn fast.
  10. Below 30 want buy GTR or Ferrari? don’t bother, one year insurance 20-30K, My insurance can buy Mercedes and drive.
  11. Do illegal things don’t get caught, be smart.

Learn from my mistake. Learn to spent money wisely.

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Confirm all in Barcelona and everyday go choing.

Why Berkshire Hathaway and not STI?

Before i started buying my first stock i was looking at ETF. ETF because i don’t how to choose stock and i am too lazy to keep following my trade. Therefore, i look at STI ETF where i can own a basket of top Singapore companies. At that time STI was 3300-3400 range. Being a son of a business man, after listening to all my dad’s stories, I felt that there was a lack of potential in future growth in Singapore. Hence i venture into other countries. I was looking at Japan, Australia and USA. Then i came to a conclusion US was the best. Look at the chart below, Candle stick is STI and orange line is S&P 500, ignore the numbers for once just look at the overall picture. Who will you buy? S&P 500 la!

sti-vs-sp-500

However from the chart above, some might felt that S&P 500 is overvalued, growth is unsustainable. If recession come all die, at least 50% down. All my friends never invest one all keep telling me recession coming, I now go in i also scared, so i when to look for defensive stock. This is where i come across Berkshire Hathaway.

brk-vs-sp-500

Candle stick is BRK, Blue line is S&P 500.

So its clear that BRK > S&P500 > STI

Now i just need to ensure i enter at a good exchange rate and buy BRK Dip. I know i can’t trade like buffet, so i just buy buffet. In addition, BRK don’t give dividend, so can avoid the 30% dividend tax in US. Very good for Singaporean!

Below is a publication from Berkshire annual report. Imagine last time your ah gong ah ma put $10 in Berkshire in 1965, now you got 5 million dollar go buy 5 small condo and still got money change Rolex every year.

PS: This is just my honest review, Don’t later lose money come find me.

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Warren Buffet also wear Rolex ok! Mai Siao Siao!

How to transfer stocks from DBS to IB

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This is for personal experience. It took me a lot of calling to IB and DBS to clarify. Hope it help.

Just managed to do a DTC transfer from DBS vicker to IB.
Here are the steps on how to do it

Firstly, login DBS vickers and fill up the withdrawal of foreign stocks form.

Below are the information of interactive brokers.

DTC Participant 0534 Interactive Brokers
Account: UXXXXXXXX
Broker Contact Person: Asset Transfer Team
Broker Telephone Numbers: +1 312 542 6901
Broker Email/Fax No: No fax. Please email: Transfers@interactivebrokers.com

After submitting the withdrawal form, they will inform you where your stocks are held under, Mine was Pershing LLC, please take note of all the information as it will be required for the next step.

Next, go to IB account management > Position transfer > Free of payment. Fill up the required information base on the information DBS Vickers provided to you. Please note they might tell you to do the “Free of payment” request 5 days later.

Then you are done Happy trading!

Do you love money?

Hi, all. You guys can call me Ah King. My English is not very good so pardon my writing.

I started this blog because I love money. Leave this website now if you don’t love money as this blog is all about $$$$. Anyway i am not selling any services or products, i am just trying to record my trading journey on this blog. 

On this blog I will be sharing my US stocks investment portfolio and how I slowly profit my way to retirement. Feel free to comment on any of my post, no one is perfect, so please share you views so we all can learn together.

I started investing in March 2016, currently, I am in the green, around $27K SGD profits, you can take a look at my current winning portfolio here.

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