Keeping your sanity in frothy markets can be hard.
You log into your investment account, open the tab to your portfolio and a sea of red greets you. Never a good feeling. I wonder whether this is why Warren Buffet cautions against checking your portfolio too often.
At the time of writing, my portfolio is down 5% overall, not taking into account dividends received. 5% is no small sum. For a 1 million portfolio, that is 50k in paper losses. Close to an average worker's annual income.
TA is a foreign language to me. Reading blogs which discuss TA concepts like support levels and bollinger bands is like trying to understand a sociologist's thesis. At the end of the read, you feel like you have been taken for a ride, like the author drew his conclusions first and created the arguments post-hoc.
Singtel has sunk to a 5-year low at 3.25 a share. While Q4 results were obviously bad, the sell-off on Singtel seems a little overdone. It is not clear whether the big boys are up to their usual shenanigans of depressing and accumulating.
Likewise, Ascendas HTrust has been steadily dropping XD, and is now trading at $0.75 a share. My research left me none the wiser as to the reasons for its decline. Its NAV is close to 0.90 and we are now trading at a 16% discount to its NAV.
Ascendas Htrust has a lower than industry average gearing at 30.8%; and its DPU is in fact growing. Indeed, its serviced apartments in Melbourne (Aurora Melbourne Central) are expected to add revenue to its portfolio from 2019 onwards.
More importantly, the trust has no lease expiry until 2022, giving it plenty of income visibility for the years ahead.
I remain optimistic on this investment. And should the market decide to discount this further, I will likely add to my position.
You log into your investment account, open the tab to your portfolio and a sea of red greets you. Never a good feeling. I wonder whether this is why Warren Buffet cautions against checking your portfolio too often.
At the time of writing, my portfolio is down 5% overall, not taking into account dividends received. 5% is no small sum. For a 1 million portfolio, that is 50k in paper losses. Close to an average worker's annual income.
TA is a foreign language to me. Reading blogs which discuss TA concepts like support levels and bollinger bands is like trying to understand a sociologist's thesis. At the end of the read, you feel like you have been taken for a ride, like the author drew his conclusions first and created the arguments post-hoc.
Singtel has sunk to a 5-year low at 3.25 a share. While Q4 results were obviously bad, the sell-off on Singtel seems a little overdone. It is not clear whether the big boys are up to their usual shenanigans of depressing and accumulating.
Likewise, Ascendas HTrust has been steadily dropping XD, and is now trading at $0.75 a share. My research left me none the wiser as to the reasons for its decline. Its NAV is close to 0.90 and we are now trading at a 16% discount to its NAV.
Ascendas Htrust has a lower than industry average gearing at 30.8%; and its DPU is in fact growing. Indeed, its serviced apartments in Melbourne (Aurora Melbourne Central) are expected to add revenue to its portfolio from 2019 onwards.
More importantly, the trust has no lease expiry until 2022, giving it plenty of income visibility for the years ahead.
I remain optimistic on this investment. And should the market decide to discount this further, I will likely add to my position.
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