This week I bought some shares of China National Offshore Oil Corporation (CNOOC) for the family investment. I do not know much about oil, neither have I been following closely. Previously I bought some shares of Sinopec, and I felt…
Market is very volatile right now, and I have been scaling back on my trades. There really isn’t much activities these days, hence I will not update every week for the sake of updating. But when I make a new…
A very volatile period in the financial markets this week as Trump slammed hard on tariffs, which later escalated into more tariffs with China. Countries like Europe were preparing to join China and go against the US, but suddenly Trump…
Another week of no trades. I queued for Fu Shou Yuan (01448) at 3.73 HKD, but it barely missed my target, having dropped to a low of 3.74 HKD. I decided not to chase. Monday is the ex-dividend date for…
Family investment wise, I have added more shares to my portfolio for Fu Shou Yuan (01448) as it fell about 5% from my initial buy price. I have set a rough guide of going in each time price falls by…
I ended up not buying and giving up thinking of buying Occidental Petroleum. Although Wararen Buffett has been increasing his stake in the company, my homework and gut feel just goes against this purchase. I am not saying that my…
No new trades this week as I am still being careful. Gold hit 3000, much to my dismay. Been monitoring Occidental Petroleum (OXY) for some time, of which Warren Buffett’s Berkshire Hathaway is the largest shareholder. While has has preferred…
Nothing much this week as things are very unstable. I just want to close a few existing trades right now to reduce risk, although it may take some time as I am quite in the red for these trades. Let…
Family investment wise, I made a mistake buying Sinopec on the Chinese stock exchange, when I should have bought it on the Hong Kong stock exchange. The H shares are better than A shares. Simply put, for the same amount…
Short term trading wise, things did not go too smoothly this week. Multiple trials keep failing, and I only managed to breakeven for quite a few of them. The good thing is, overall I still end up with 48.61 USD…
Lost 200 USD on a gold trade this week. Decided to give up trading gold for now as I have to admit that I do not understand this metal at all. Multiple wrong trades and assessment has made me doubt…
A blood bath straight out from Monday as crypto tanked in the early morning. Approximately 1 million traders were wiped out with billions of losses. I managed to survive with a 3000 USD top up, incurring a 109.53 SGD admin…