In the past, it is said May is the time people sell off their stocks as they will embarked on holidays and not have time to monitor their stocks. Now, the case has changed with Internet you can monitor it anytime, anywhere.
Just to share some investments here done in the period of April/early May :-
MARCH / APRIL:
A) Equity: initiated a small position in TSMC (USD$5.5k) and XPeng (USD$6.6k).
TSMC – because the shortage of chips forecasted, of course fueled by demands of 5G, iOT and AI. The risk I foreseen may be the entanglement between US and China as whoever has the access to chips faster gets the upperhand become the future economy leader.
As for EV, I gravitated towards Xpeng background – which has a tech culture and people focusing on R&D. In fact their autonomous driving tech is way above competitors at the moment. The other assurance is they are Alibaba-backed and also have their own manufacturing plant. I was toying with buying Nio instead of Xpeng. Nio’s battery as a service was a good to have however outsourcing manufacturing did not sit well with me. A local youtuber Josh, the astute parent did a good video comparing the 2 China EV players.
B) REIT: Sasseur (SGD10k), invested just for dividend play. They are the first to venture into outlet shopping in China, shopping is a lifetime hobby for Asians.
C) Equity: Propnex for dividend play. DBS vickers (oh well, I didn’t check properly before submit) did a partial order which end up with a position of 10100 units (SGD8.9k).
I reckon Singaporeans (or rather Asians) are obsessed with property and asset accumulation. This trade will not die, in fact I view it as a service trade rather than a transaction trade. You build a relationship with a agent or its agency who will plan your property aspiration accordingly to one life’s progression. In fact a lot of properties are unpublished online yet are only known by the agents firsthand. Keeping them close is a bonus (or it can be a nuisance for some). Click here for more in depth understanding
A) Equity: SGD $10k in Syfe equity100 portfolio, with a annualized return past 10 years is at approx 14%. The fee is 0.65%, which is 5 dollars per month approximately. It is excluding ETF management fee of S$15 bucks per 10k annually, so I’ll do a annual topup of 10k instead of a monthly topup.
B) Equity: Accumulate a further HKD $220k in Alibaba
C) Equity: Small position of Coinbase (USD$13k), if I can’t amass cryptocurrencies, might as well bet on the popular exchange.
D) Mixed asset class: Intend to invest CPF OA, still awaiting approval for Endowus. After which will park SGD$20k Cpf OA into their 40/60 stocks/bonds portfolio. They have a flat fee of 0.40 and is the only roboadvisor that can use CPF funds for investment.
E) Awaiting Gemini approval to start the late journey in cryptocurrency. Intend to park SGD$20k here.
I still have 66k warchest to spend on investments for the year, and one more endowment maturing in November, which will give a total of 90k approx, not including savings amassed monthly from salary (save approx 50% mthly).
Side note: I am very interested to take a position in Huya, am monitoring and hoping it drop more…. China Life, SEA Ltd, Grab are on the watchlist as well. Do share what is in your watchlist and why?