SafetyChaos - 008

Latest Portfolio

STI
China Taisan @$0.19
GLP @ $1.96
Kingsmen Creative @ $0.59
Teckwah @ $0.34

US
Trident@ $2.10
Moody @ $22.50
Wells Fargo @ $23.50

It’s been awhile, about 2 month actually since the last post. After the long hiatus, I’m back with the 1^st 2011 post. The reason for the long ‘break’ was due mainly to Google Adsense disabling my account. Thus, the motivation of blogging started to go down the hill. I even missed the Dec 2010 portfolio update.

A lot of things have happened since the blog last updated. Though the posts here cater mostly to financial stuff, I’ll have to highlight that emotions play a big part in investment as well. Emotions, we all know, are very fragile. They get affected by even the smallest of things. The recently negativity happenings have made me realized that one must always be on the alert for whatever he/she might encounter the next minute, or even seconds. The calm environment might just be the setting up of a thunderous storm in the making. They always say to live life to the fullest, to live life to the happiest. If this is your goal, then I would humbly hope that you can bring happiness not only to yourself, but to the ones around you as well.

Moving on, Mr. Market has been very ‘kind’ recently. The recent surge has turned the portfolio of most investors, who go long, very green. But paper gains are not real money and I believe that Mr. Market’s good mood won’t hold for long. Thus, if one intends to lock in to their healthy profits, this might be the time to do it.

I’ve made 2 changes since the last update. Averaging down Kingsmen Creative and buying into China Taisan. The former has been on the decline recently even though there isn’t any negative news coming from them. Its business fundamental is still good, thus I don’t see any justification to the price drop. To me, I feel that this is a good opportunity to strengthen my position and went ahead with it. As for Taisan, I see it as an opportunistic and speculative play. It has been trading in the range of $0.17 to $0.20+. I was in at $0.19. For the next few days, the price fell to $0.17 and it went up to high as $0.205. I believe that we’ve yet to see the high yet and thus I’ll hold on to it for a bit longer.

In most, if not all, of the financial books that I’ve read, they often mentioned that the key to being successful (define your own success) is to have a System and good Money Management. I have none of those at the moment. System for me is basic technical and fundamental analysis with intuition. As for good money management, if I it, I guess I wouldn’t be complaining about over stretching myself. So from this year onwards, designing my very own customized system and having good money management will be the upmost priority. Wish me luck.

Caveat Emptor,
SafetyChaos