Abel's Investment Journal entry.

Musical chair, do you still hear the music?

The Fed has pumped hundreds of billions into the market through ‘repo’ offerings. Crazy QE and stock buy back. If U-turn back the resistance, it could be a bearish February.

Margin Account waiting to be fire.

All fiat or stable coin investment Long on Btc now. If retrace looking to do a Small Margin.

Imagine if that is a currency or equities correction, just a small fork of it flow to Btc. Btc total market cap is still small and lots of potential.

No fundamental justification for this price. PE : 20.48 , don’t like the debt level and people are just speculating the IPO will bring the price higher but financial engineering does not equate to fundamental improvement. Maybe looking to do short term trading at 0.72. If prices ever hit 0.60 again, I definitely will consider buy for investment after-all I do like chang beer business and they hold Frasers & F&N companies.

Silver

Waiting for Silver to break out, with world wide crazy QE. Expect Precious metal to be good! Target price at least 23 and above.

Binance Portfolio as at 18 Jan 2020.

Most of Alt Coin heavily under water. Bought in 2018. Have no idea what am I doing, thought I could just HODL my alt coin. Mistake learnt, should have cut when chart said so….

Bitcoin

Btc had finally broke the channel. Invested 0.4 btc, waiting for retracement to buy more. Buying BTC, as I followed Crypto Sniper. Anti Fiat same with precious metal as crazy QE money printing is going on..

About me

I am doing Investment and trading for my dad’s portfolio & myself. Here is the Link for my dad portfolio position. https://stocks.cafe/user/profile?username=littlepipi88

Short summary of my life.

I am a eczema sufferer since young. After my national services, my eczema got really out of control. Every time when there is a outbreak, I went to the national skin center and they as usual will prescribed me atopic steroid cream and if serious an injection as well. Overtime the effects of the steroid will get shorter and shorter and the low strength steroid getting less effective.

One day my sister reckons it could it be steroid cream itself causing the problem. I do a research on the internet. At first I really wish it wasn’t the steroid causing it as that point of time, as steroids is my lifeline for flareup. Turn out my body got addicted to the steroid and that is a term call Red Skin Syndrome or atopic steroid withdrawal. As I am a long term user since young, my recovery process will takes a long time. Overtime it will get better and better but it’s a slow and grueling process.

I wanted to start this blog as I want to relive again as now I got better. About my investment history, I was lucky to intro to my dad’s friend who is one of top 30 Forbes Singaporean. Mother of Aspial and Fragrance hotel.

After the Lehman crisis of 2008, Lots of discounted and bargain stocks. My dad handed me his margin portfolio on 2012. That point of time, lots of property counters was so cheap and way below valuation. Chip Eng Seng Example was like 10% dividend yield and PE ratio and NAV was way too low. Guthrie GTS that point of time I speculated that they will Spin out its Jurong Point and Nex into reits, turn out even better, privatization. Earned 70K on this investment alone. Total made about 200k and only to lost all my profit on the 2015 Oil market crashed. Lesson learnt, have my operation risk in place and don’t over-leverage and I do not know the oil industry well and just pure speculation.