newszine

JC Options Fund 15072017

2 years ago JCprojectfreedom 0
I sold another put while I was in Taiwan. I gathered from my Taiwanese client that China is an unstoppable force in terms of economic strength. I will prefer to buy a Call on this stock FXI but let me practice my options first. In an ideal world, I can boost my cashflow through the Read More

One month into the day job

2 years ago JCprojectfreedom 0
For the past one month, my schedule has been very hectic. I was traveling most of the time for work and there are a lot of work due as the tender submission date is getting close. I will feel emotional when I am away from the family. When I was young, I used to travel Read More

Depends on which side of the coin you are looking at

2 years ago JCprojectfreedom 0
I was reading the Straits Times titled “Young Asian adults likely to face cash crunch in retirement” by Lorna Tan and it was mentioned nearly one-third (30 percent) of millennial investors expect to run out of money later in life. Mr Michael Dommermuth, Manulife’s head of wealth and asset management said,” While previous generations relied Read More

Brink of a New Chapter

2 years ago JCprojectfreedom 0
Yesterday my 2nd boss got us into the room and talked to us individually. He started the conversation with,”As you are aware how the market is like, just to give you the heads up, I believe it is time to start spending the rest of your time to look for a job. Reach out to Read More

Starhub FY December 2016

2 years ago JCprojectfreedom 0
Starhub Key Financial HighlightsThe total revenue for Starhub is flat Q-on-Q, net profit after tax decreases from S$81m to S$54m for 4Q16. For the full year, net profit after tax decreased from S$372m to S$341m which is about a reduction of 8%.Starhub proposed the final dividend of 5 cents per share for FY2016. Starhub intends to reduce Read More

Q1 2017 strategy

2 years ago JCprojectfreedom 0
Today the company which underwent the acquisition of the Australian company had declared a special dividend of $5/share. I am holding to 10 lots of this company and I am going to use the dividend income of about $50,000 to acquire about 1 lot of another company M. The money should come in around end Read More

Less is More

2 years ago JCprojectfreedom 0
Less might actually be more.https://www.ted.com/talks/graham_hill_less_stuff_more_happiness/transcript?language=en UnclutteringWe are in this world drowning with possessions, we keep buying and accumulating more stuff. We do not have the opportunity to discard our things. Early this year 2017, we start to segregate some of the unwanted clothes. We took stock of my wife’s bags and we decided that we Read More

Personal Finance Habits since young

2 years ago JCprojectfreedom 0
Since young I have cultivated the habit of saving, for every $1 my parents gave me when I am in primary school, I will save $0.3-0.5 out of it and put it in my piggy bank. Back then one bowl of noodles only cost $0.5 and drinks only cost $0.30 in school. We used to Read More

16/1/2017 Investment Journey – Acquisition

2 years ago JCprojectfreedom 0
Today I learn something from my mentor. One of the key counters which I am holding on made an announcement that together with other two parent companies will acquire a company in Australia. The parent companies and the counter will hold 40%, 40% and 20% respectively. On the surface, paying AUD 7 billion for a Read More

MBA or not & Secondary School Gatherings in 2017

2 years ago JCprojectfreedom 0
January is the month to have gatherings with friends and family. I was talking to one of my close Secondary School friends and he seems to be at a crossroad in life. He is thinking to run his own business or take up a top MBA such as INSEAD. I highlight to him that INSEAD Read More