:( money issues at home, getting my RHCE :)

i finally know what it feels like to be happy and sad at the same time. i’m sure it does not cancel out each other.

starting with the sad news, my mom got into debt through gambling…now i need to pay it off….its not the first time, definitely not the last too. i guess i’ll never be rich if life carries on in this manner…

jumping to the good news!!!! i got my rhce cert i was really nervous when i took the test. The previous night when news broke that my mum is in debt, i was still mugging for the test. i guess i’m really a cold-hearted person, all i wanted was to get the cert. before i slept, i was still telling myself if i let issues in life put me down, i would be no different than any other losers on the street.

at the end of the day this is all that matters

Saving up for the inevitable

The recent market dip has seriously tempted me to increase my position on singpost. According to the time proven recession and crisis life cycle, it seems not the best time to buy.

1997/1998 Asia monetary crisis
1999 Bailout, markets recovers
2001/2002 dotcom recession
2005/2006 global interest rate spike to fix recession, too much money to go around, markets booms.
2007/2008 derivative instruments consumes money. great financial crisis
2009 Bailout, markets recovers
2011/2012 US debt crisis, recession looming
2015/2016 Interest rates raised
2017/2018 too much money to go around, markets rally.

I can’t foresee what happens, another path would be a period of slow but surely continued growth for 20 yrs, just like after the great depression.

But im either scenario, Now I need to find a good way to grow cash from 2012 to 2015. Stocks has too much underside and I have a sufficient position on it, I do not feel comfortable to incur large paper loss when compared to dividend gains.

Guess the likely choice is to hold my dividend yielding stocks, wait for the interest rates to spike, which causes the bond price to drop in turn increasing yield and regain the bond position I sold off in 2008.

its not low enough.

What a fabulous friday. its been like 3 years since the market plunged. although i cant predict whether it will continue falling on Monday or rise back due to  incoming fresh funds, what worries me is that malaise of flat graphs on the STI.  I am worried about a long term standstill, where the market doesn’t grow or shrink. buying some conservative stocks. doesnt make sense to buy any blue chips growth stocks. aiming for 2 lots for singpost. hope it doesnt do a double dip for singpost.

The has been rampant news that inflation will hit hard. makes everyone wonder whether SGS will reduce the coupon payout of the latest issue of securities. Previous high yielding bonds are already going above 112 dollars, that almost 17dollars more than 2005. if the oncoming issues are giving even lower coupon rates, i dunno how much higher will the older bonds go. i dun see any opportunity to purchase bonds at fair value

Seems like the only lucrative chance of making money lies in usd to sgd exchange. it was 1.4+ circa 2007, now its 1.2+.  i can only hope how it goes higher to 1.3+ to make the usd treasuries look attractive. cautiously putting a small investment of $1k in usd money market.