Q2 of 2020 – worst quarter since 2008 financial crisis?

COVID-19 global outbreak Forget about the Asian Financial crisis or the 2008 sub-prime mortgage crisis. Analysts are currently facing an unprecedented difficulty in developing a model to generate forecasts for the near future. Even Goldman Sachs economists are labelling the current situation as that of Knightian uncertainty (a.k.a no one knows wtf is going on). …

P2P lending and the case of the policing failure

Not so long ago, I have given my simple review on one of the biggest and fastest-growing P2P lending firms in Singapore, Funding Societies. (You can view it here.) And if you had managed to read till the end of that said post, you would have known that my take on the P2P industry is …

Why I’m not happy with a quick $160 profit (14 % return in 52 days)

In late August 2018, I bought 1000 shares of YangZiJiang, a ship building company. It was $1.14 per share then. Just yesterday, the share sold at a high of around $1.30. With a simple calculation, my investment has returned a profit of 14% of my initial capital in this short 2 months. This also means …

DCA STI ETF?

Background story:I first started investing by purchasing a tiny amount of money into Nikko AM STI ETF and ABF Singapore Bond Index in January this year. To be exact, the amount I bought was $100 and $200 respectively. The next month, I stopped buying the bond index as I realised it was not really the …