1H2021 In 10 Mins

If one were to wonder, it has slowly becomes a thing in my recent writing style that I’m disclosing lesser details compared to what I would have done in the past. Probably, as I become a more seclusive person and will not go into too much details as I used to be. 

It has also become a thing, that I’m moving away from just sharing my data but my thoughts, while trying to be a little bit more philosophical. 

Well, I’d still be doing some analysis and sharing so long an opportunity comes with uncluttered thoughts filling up my mind. 

It has also a frightening experience when I come to learn that a sharing that is shared a little too much, would have caused certain bias-ness or decision flaw to one when making an impactful financial decision.

It has also come to a point that “clickbaity title” is no longer appealing to me as I’m not that concerned about “Ads revenue” should there be today and would rather this space be a little more for personal sharing and lessons learnt. 

2021 is the year where I turn 23 years younger. Also a year that I’ve conquered another milestone in life.

This is also a year that many crypto millionaires were “born” or “destroyed”. Whichever way, one were to perceive it. But unfortunately, I’m not the one. As oppose to what many would have thought, I belong to the camp where everything happened before I’m aware of. Haha. 

Being one that has explored the crypto space in 2017, it would be something that is very refreshing to me today, but I stand at a point that I’m neutral towards the arena. It’s good to note that, there is more and more people we can see around owning some form of digital assets in the form of digital value storing currency!

If I were to make a statement, I’d probably feel that there is still more room for things to fall in place before we see any realistic outcome yet. 

In the year of 2021, it has also been a thing, where trading platforms become a heavyweight champion in the securities trading industry, funded by giant houses with enormous amounts of marketing and promotional fees to spare. A simple gain one were to get, would easily come in 3 digits, just by signing up :)

I must also comment that referral marketing has worked extremely well, in the houses favour, as more and more unaware folks are getting on board to become a partial owner of companies that they probably wouldn’t know it existed. I’m sorry if this statement makes you feel uneasy or makes you nod silently behind the screen. That wasn’t the main intention for it. 

The flavours behind arbitraging around the coupons issued with speculative flavour does not mix well together, unfortunately. Maybe for me, or probably he/she understands something that I don’t, unfortunately. 

Undeniably, as a user. I'd say these are relatively good platforms to use with cheap brokerage platform fees! 

In a summary:

1. In the local SGX market, I've accumulated more shares from ComfortDelGro & AIMS APAC REIT
2. Accumulated more shares of Apple at around USD 118 in March.
3. After several rounds of nibbling, the position in Alibaba turned out to be a gobble size in my portfolio, pushing Mr BABA to the greatest position as of 30 June 2021.

With this, I close 1H2020 with only 9 positions namely; 

• OCBC Bank
• DBS Bank
• UOB Bank
• ComfortDelGro
• AIMS APAC REIT
• Suntec REIT
• IREIT Global 
• Apple Inc
• Alibaba

On the investment front:

• Collected a dividend of SGD 1,112.17 which translates to roughly SGD 185.36 monthly
• Realised P/L of SGD 2,496.14 this far.
• Portfolio at this juncture (1H2021) closed with a value slightly above SGD 80,000 with around SGD 20,000 in war-chest. This brings the overall portfolio value to cross SGD 100,000 barely.

Notice that the dividend at this point, is relatively pathetic. This is because roughly 20% of the monies are idling in the war-chest waiting for opportunity, with roughly another 20% that is vested in counters that does not pays a dividend. 

With this, I also put a conclusion towards the hiatus status. 

Full episode:

2018 In 10 Mins

2019 In 10 Mins

2020 In 10 Mins

2020 In 10 Mins

Zooming forward, it's now 2020. And the first case of COVID-19 has touched our homeland, Singapore!

The pandemic has then go on a wide rampage shutting down several cities around the world and in fact countries! 

The cash hoarding from 2019 has allowed me to make very good use during the pandemic where the stock market face with extreme pessimism from Mr Market from March 2020. 

Being in an environment where there is so much discounts available and limited amount of cash, it would be easier if I go harder onto "Dragon Head Counters"... if one were to understand it in Chinese. 

The "massive" accumulation begin with DBS when it falls below SGD 23.00 a share and OCBC below SGD 9.50 a share. The way which I averaged down and accumulated the shares, at that point poses a serious threat on my war-chest at that juncture till at a point, my war-chest is wiped out. 

This also comes with the conviction to channel my funds I've prepared for my 2nd Year of university fees in as well. 

After some serious rounds of accumulation and simple trading with the various banks, I managed to have OCBC at an average price of SGD 8.38, DBS at an average price of SGD 18.98 and UOB at SGD 19.01.

Which till date (2021), the banks alone add up to about 30% of my portfolio. 

The portfolio at the end of 2020 that is invested, has ballooned up to almost 2.5 times of its size!

If one were to wonder... this is also the year I left service and begin working fully on the project I've mentioned on embarking at the last few months of my journey as a NSF, oh yes. Did I forget. I'm also enrolled into university as a full-time student as well. 

It has been a year that has past so fast, that honestly, memories of it, becomes so bleak, despite just being a year ahead today. The pace for all the things to fall in place was done in at a very high intensity level where as a result, causing me to be very depressed at a certain juncture.

In this year, I've also made an effort to give up riding, officially (for now at least!) after witnessing a death from a family member that was a rider as well. And by a twist of fate, I also took the opportunity to "upgrade" to a very well conditioned 4-wheeler from the suspended COE market during Circuit Breaker, where motor-vehicle prices are largely disturbed.

If one were to realise, with that much outflow of liquidity in the same period and a side project that is in materialising phase, it is worth noting that the liquidity I held in total, at that juncture was just a tiny bit on top of what 1 big purple notes would hold. Something that MAS actually discontinued towards the end-of 2020. 

With some blessing from god and luck, things started to change for the better in 3Q 2020. It is the point where the project I was working on, starts to take off and turns out to generate another stream of income to supplement my poor soul. 

In 2020, I've also taken up even more responsibilities at home with more commitments. 

It is also worth a mention that the project I've undertaken was a combination of majority of the skills and experience I've acquired from the past ventures years ago, coupling with the work I've done in the last few years :) 

Aside from this, in late 2020, I've also explored the US market.

With this, I close the year with only 8 positions namely; 

• OCBC Bank
• DBS Bank
• UOB Bank
• ComfortDelGro
• AIMS APAC REIT
• Suntec REIT
• IREIT Global 
• Apple Inc

In a summary:

1. I've accumulated a position from ComfortDelGro, DBS Bank, OCBC Bank, UOB Bank, AIMS APAC REIT.
2. Subscribed & Over-subscribed to IREIT Global's right issue.
3. Attempted IPO for Credit Bureau Asia, but did not manage to have any success. 
4. Sold partial holdings from DBS, OCBC and UOB 
5. Perform several trades around DBS, OCBC and UOB
6. In late 2020, initiated a position in US Market, with a position in Apple Inc.

On the investment front:

• A XIRR rate at +10.72%
• Collected a dividend of SGD 1,772.04 which translates to roughly SGD 147.67 monthly
• Realised P/L of SGD 3,410.81 for the year
• Portfolio at this juncture (2020) closed with a value around SGD 50,000 and around SGD 20,000 in war-chest which brings the portfolio to value roughly around SGD 70,000

It would also be good to notice that, the pace at which this portfolio is growing at, is mainly attributed to 

1. The cash hoarding back in late 2019 which was channeled fully during the pandemic 
2. The relatively high savings rate that I’ve held throughout the years which allows me to accumulate wealth a little faster. 
3. The unrealised gains from banks that roses sharply towards the end of FY2020. 
4. Another significant portion that contributed to it at the later part, was where earnings starts to become a little bit more substantial when the side projects start to bear fruits. 

With the double amplification from the more substantial earning and a higher or maintained saving rate, it will be much easier to accumulate wealth. 

If one were to question, I turned 22 in the year of 2020 :) 

The investment performance that my portfolio has yielded, is nothing compared to the savings rate and earning power in the later stage, from starting the journey in 2017 with $3 to what 2020 has ended with. 

Till then, we'll see more in 1H 2021 in 10 Mins. 

Full episode:

2018 In 10 Mins

2019 In 10 Mins

2019 In 10 Mins

Carrying on from the last episode of 2018 In 10 Mins, now we’re fast forward to 2019. 

The disaster from 2018, has awarded be with 3 words and a change in my Physical Employment Status. This also means that, I’d be a normal soldier that draws the least pay! Now, this is actually a very remarkable difference if you’re to work it out mathematically, especially with the vision to earn the 2nd Year Academic Fees... 

The difference in pay that I will draw from a simple calculation would set me back by at least SGD 7,000 apart! This amount is a little shy of “a year of school fees” if one were to visualise it in another angle. 

Anyways, as a seclusive person by nature. A virtual me, and a physical me will draw a very significant differences, which after sometime, it shy me away from writing as I’d like to have more personal spaces, which now explains the hiatus after my recovery. 

Coming to think back now, the years as a man, does not reward me too poorly too as I became a right-hand man to a senior advisor in the force, which allows me to see and learn more thing from a different angle, top-down. 

The workload was insane, especially with the several safety timeouts from army due to some mishap that the forces experience in that work year. Being the right hand man to the senior managements in the unit does allow you to learn very extensively about what is going on and the pressure that you carry, is very different from your peers, that are on the ground. 

Now, it comes to a point, I figured out that, I have to make very good use of this well opportunity that I have, to learn as much skills as I can and make this 2 years (1 year 10 months in actual fact) a rewarding one. There should be no excuses because I do not want a regret later on in life that I wasted 2 precious years of my life. 

Even if I’m not on route financially, I must not shy myself away responsibilities. It comes to a point that I begin to dislike the bunch of people who took the easier way out for their own benefit, especially when I’m in the shoes of the senior managements. After sometime, I must say, the lesson learnt from this experience, I would say is by far one of the most fortunate thing that happened to me.

Anyways, the year of 2019 is a very “army” year to me. And yes, being in the army, you’d also come across many different type of people that I probably wouldn’t think they existed. There is also plenty of “investment gurus” we can see or “people that have successful parents, very successful parent or super successful parents”…Opps.

In 2019, there is not much big movements to my portfolio. While interest remains attractive at that period of time, the amount of liquid cash in my account does enjoy much better interest than it would today. 

Oh yes, did I forget? With the blood of a biker, it must a shame to abandon this passion after an injury right? As you’d probably guessed, I actually upgraded my bike license and bike LOL. In turns out that this purchase was one of the best purchase I made in 2019. At an expense which cost me less than SGD 150 a month to own a 400cc bike, with fuel, insurance, season parking all accounted for. Interesting? Probably riders here would like to make a guess, but I’d say NEA rebate does help!

Ahhh. Where is my financial summary again. I must remind myself that I must also talk some finances! In 2019, I’ve also decluttered my portfolio, experiment with some trades as well as decided to focus fire to hold lesser counters as the capital is little and it makes no much sense to waste too much on the brokerage fees. 

In a summary:

1. In the year of 2018-19, I’ve accumulated SingTel sufficiently, starting from my first purchase of 140 shares to it becoming my greatest position, an average price around 3.10 before selling every share of SingTel at 3.52 in July 2019. This position turned out to grow to more than 15 times of what I first purchased.
2. I’ve also did a trade for APTT late in 2018 at 0.170 and sold it for 0.179 in April 2019. With account to the final “big” distribution from them, this trade turns out to provide roughly a 15% ROI. 
3. I’ve also decluttered my portfolio and sold away Wilmar (turns out to be a big mistake today) for a return of 33%, SGR for a return of 10% and FEO for a loss of 25%
4. I’ve performed a trade for UOB in June 2019 @ $23.68, before selling them at $26.00.
5. I’ve accumulated a small position in Suntec REIT @ $1.80, OCBC @ $10.50, IREIT Global @ $0.76
6. I’ve performed a trade for Hong Kong Land for a returns of about 5%

With this, I close the year with only 5 positions namely; 

• OCBC Bank
• ComfortDelGro
• AIMS APAC REIT
• Suntec REIT
• IREIT Global 

On the investment front:

• I manage to close the year with a performance of +20.05% vs STI of +9.08%
• A XIRR rate at +27.74%
• Collected a dividend of SGD 392.85 which translates to roughly SGD 32.74 monthly
• Realised P/L of SGD 515.50 for the year
• Portfolio at this juncture (2019) closed with a value around SGD 20,000 where there is a massive hoarding of cash towards the end of the year, which in turns, work out extremely well in 2020. 
• The portfolio did not have much injection this year due to the very small amount of allowances that is drawn month on month when I’m a soldier.
• As such, the year closes with a portfolio value + cash holdings of roughly about SGD 40,000

Towards the end of the year, I manage to have an opportunity where I begin to divert some of my attention to after camp hours, to work on a project that by a twist of fate got executed right after I leave the service, which indirectly affected FY2020 and 2021. 

At this juncture, it is year 3 in this journey and I’m 21 years young, in 2019.

Till then, we'll see more in 2020 in 10 Mins. 

Full episode:

2018 In 10 Mins

2018 In 10 Mins

The year of 2018… was interesting. 

Thinking back, this is the year where I got myself a position in a field, where at that point of time I had great interest for before I got myself conscripted towards the end of 2018. This job has indirectly changed several viewpoints of mine and got the entire direction for the coming years, changed drastically. 

The knowledge and insights acquired during this 10 months journey, did take a significant toll which impacted me mentally and financially. 

This has also changed my style of writing, a sense of being as well as a regret that I did not manage to pull. 

The initial thoughts was very cluttered, back when I was contemplating to join the workforce or be a part of the gig economy. The thinking process back then was simple, with 2 main objectives. One to build a more significant buffer so that I will be able to continue my journey as a student, in 2 years time, financially, hopefully with the ability to not take on any student loans and secondly, to acquire enough fun points or wisdom points along the way.

Well, it seems pretty obvious at this juncture that I’ve chosen the former option with a greater consideration to continuing my student life with lesser financial burden and to accumulate more knowledge/wisdom points instead of fun points. Ha.

The journey has been insightful, being exposed to a field that I’ve always wanted to take on (fortunately, with certain prior experience and a wonderful internship, the exposure does create a path for me to enter this interesting field) 

During this 10 good months, I’ve experienced a very complete “working-life” which indirectly has deterred my thoughts a little further onto working forever till my death bed. 

I also learnt first handedly, that a regular dose of injection to our CPF accounts, is a big encouragement financially, especially when the employer is paying 17% extra! This tour has allowed me to pay even more attention to my CPF accounts, and of course, with a little more readings, comes a little more thinking, and a little more learnings, which inspired me to a post somewhere in August 2018.

Read: Peep into the 20 year old boy CPF Account - Transfer from OA to SA

Being in the workforce at that point, also prompted me to do a little bit more homework about tax planning (although, with the meagre paycheck, it shouldn’t do a big damage to my profile in IRAS), which inspired a post regarding SRS account back then. 

Read: My Newly Created SRS Account

After some sorting out and self-realization, the isolation and differences between Cash and Cashflow is drawn further apart, which inspired another post! And, this sentence, when carried to 2019, turns out to be a laughing factor for some, and eye opener to some in my army days. 

Read: Cash is Not King, Cashflow is

Since, I chose the former route as mentioned earlier, with a main priority to continue my student life after the mandatory conscription, a simple behind-the-envelope calculations brings me to a figure somewhere around SGD 32,000 that I’ve to prepare myself for, before 2020 where I commenced my full time university. Or at least, I must be able to segregate a good SGD 10,000 for my 1st academic year to be safe. 

So true enough, that’s a target, that I worked tirelessly for during the 10 months that I was employed. To spice it up a little, at the point of calculating, I come to figure that, unless I have an extremely high saving rate, else definitely it would not come true. 

To ensure that I’m a little safer, I’ve utilised the bike license I’ve gotten in 2017 and the bike I’ve gotten for myself when I’m back from Japan to take on the latter option as well in the evenings after work and on weekends to draw a higher income.

I also come to realise that if I’m hard-working enough to get myself as a commissioned officer in the force during my 2 years of National Service, I will be able to come out, beautifully on route to what was planned! 

Shortly after, I’m conscripted for service. I could still recall how I enter Tekong with a neat tidy hair, and come out, with what was called a “Number 1 Haircut”.

As much as planning are flawless, the reality is filled with flaws. 

With a lofty ambition to enter the OCS, I worked hard. But, in one of the booking outs, I encounter with a mishap that prematurely terminated all my “plans” I had. And I guess it is not that foreign to one, especially a rider. 

The day will come, for you to fall. From your bike, or with your bike. This episode has given me a 60 days hospitalisation leave and a fracture to my arm. Oh yes, and another punishing 3 alphabet! OOC!

Demoralised as I always am. I have since stopped writing and isolated myself for awhile to re-organize my path ahead.

Oh, and I guess the most fortunate part of this episode is, every visit to the hospital for appointments and follow-up, there is always a loud chop of “PAID” at the counter. Perks of being a NSF, I must say.

This injury carries it selves over to 2019, which I believe I should continue in another post, soon.

As a financial blog to begin with I guess there has to somewhat be a rounding of 2018.

A simple round up financially for 2018:

1. My portfolio at closing was doubled of what I had in 2017. 
2. I’ve achieved a nett savings of 20k 
3. I’ve managed to set aside about 1.5 Year of my university school fee (This amount is not inclusive in my portfolio/warchest)
4. 2018 ended with a figure somewhere above SGD 35,000 (The figure here consist of purely war chest + invested capital into the market) 

On the investment front:

• I manage to close the year with a performance of -3.97% vs STI of -6.63%
• A pathetic XIRR rate at -5.44%
• Collected a dividend of SGD 566.58 which translates to roughly SGD 47.22 monthly
• Realised P/L of SGD 813.77 for the year

Side note, at this juncture (2018), I actually have not enrolled myself into university as I’m afraid that I would not have enough to go for it. Hence, I actually enrolled myself only in 2020, the same year I commence study. I was even preparing to take a leap year to save more money so that I will have sufficient monies to settle my academic fees.

I guess, that’s all for now. Stay safe, till the next episode of 2019 In 10 Mins. 

2017 Overall Portfolio Performance

Days more before the count-down to 2018. Time flies.

December is the month that many would take a look into their portfolio performance, reflect and plan for the coming year. December is also the month that many are extremely busy on their works, family and vacations. Despite, being a student, it's the same here! The weather in Japan is getting really cold ranging from sub zero to -5 throughout the day with thick piles of snow forming. 

Look at the thick snow!

I've been rather busy lately due to my research/attachment and is unable to write much. There's tons of draft which are still in the queue, waiting for me. This is also the first year that I'm in the market along with my first "year review on portfolio".

Ok, time to go into the topic.

Oh wait. Just a moment. Before dabbing in too much.
Would you believe if I tell you that my biggest return till date is from cryptocurrency?
Sure! Why not? 

In this post, I will be writing on the performance of my SGX equities portfolio, Cryptocurrency performance and Overall Portfolio performance. As cryptocurrency is part of my portfolio, I think it is fair for me to include it in for the overall performance. At the same time, it's just days more before the start of a new year, I believe that there will not be any big movements nor trading that will occur, hence the summary is done today.

Based on my earlier target  to channel $15/day into my war-chest/investment portfolio. This sum will come up to $5,475. However, I've achieve this goal in August and have since revised the goal to $7,350. Today, in this post, I will announce that I've hit the goals I set for myself in 2017. *confetti throw*

As of today (19/12/17), my total portfolio value stands at S$7,584.66.
This sum here is 103.19% of my target, which suggest that I have exceeded my target slightly by 3.19%. Having that said, I'm contented on the performance this far.

Caution: Lengthy post ahead.

1. SGX Equities Performance
Anyway, back to the topic, despite STI surging past 3,4XX. My SGX equities portfolio under-performing the market and is in RED! (if I exclude dividends received). The performance is positive if I factor in dividends received and yes, it's really pathetic.

This is due to some heavier weighting counters in my portfolio that is currently red such as ComfortDelGro, FEO and Wilmar. Another factor is also due to the relatively short duration of time that I'm in the market.

For CDG case, this is pretty much a value and contrarian play, as explained in my previous post on CDG. At the price today, I do see some value presenting itself and will likely pull the trigger to average down more when it hit the price I have in my mind.

FEO on the other hand is an asset play with no guarantee that the value will realize anytime soon. For asset play, patience is needed. I've initiated this position 2 months ago, hence a small dip for an asset play is nothing to be shouting at.

Wilmar, is a counter that is attracting most of my attention now. The recent fall back to my initiation price is very very tempting for me to accumulate more shares from them. I do see the shiny, bright and attractive value at the current price and will be happy to accumulate more shares from them.

Another thing to note is that I've excluded dividends from Singtel & AA REIT. The shares are in XD but payment of dividends have yet to be received, hence they will not be factored in.

The following are the details of my equities portfolio ending 19/12/17:
Total Capital Injection = S$ 5,882.09
Total Value of Portfolio = S$ 5,776.34
Total Dividends received = S$111.23
Value (including dividend) = S$ 5,887.57 

Unrealized P/L (excluding dividends) = -S$ 105.75 (-1.80%)
Unrealized P/L (including dividends) = +S$ 5.48 (+ 0.93%)

The compound annual growth rate (CAGR) is the mean annual growth rate of an investment over a specified period of time longer than one year. Hence, having that said, it might not be a very good idea to calculate my CAGR base on the relatively short time frame and none of my investment has exceeded one year.

However, I'm still going to do it.


CAGR's calculation:

Formula extracted from investopedia.com

Personally, this is my first time calculating CAGR, hence please correct me if there's any mistake spotted. Taking my total capital injection as beginning value and based on my first stocks bought in Feb 2017, I arrive with this equation below:

CAGR = (5887.57 / 5882.09)^(1/0.83)-1 = 0.11%
If anyone notices, the CAGR is exceptionally low due to the extremely small gains as well as the duration of holding. 

XIRR wise, is the internal rate of return. They are used in capital budgeting measuring the profitability of potential investments. For now, I'm reading more on how I'm going to do the calculations and to more. Having that said, I've pulled out the XIRR from stocks.cafe for reference.

Pathetic isn't it? Haha.

Read:
FY2017 Full Year Dividend
Accumulating CDG
Portfolio Update - Far East Orchard
Portfolio Update - CDG & Wilmar




2. Cryptocurrency Performance
For this section. Read at your own discretion. You may skip this section and not continue if you're someone that is "anti-crypto" and/or thinks that it is inappropriate for one to include their crypto returns in their portfolio performance review.

Hate me please. Why is this young kiddo so lucky? Beginners luck is still helping him! Wait. There's many others with far better performance out there - Be it hodlers or traders! 

Anyway. Pertaining to my previous post on my month review as a cryptocurrency trader, I've revealed that I've successfully book 100% profit from the crypto-world and this amount of USD is sitting happily in my DBS Multi-Currency Account. This account is originally created for my overseas attachment program. But right now, I've found another use for them!

Having that said, with the funds in cryptocurrency reduced significantly, it makes it much harder to book significant profit from trading. A 10% profit for a $200 investment is merely $20, which is extremely insignificant comparing to a 10% profit from a $1,000 investment - Account size really matters. As such, I've changed my game play and is hodling onto crypto which I feel is under-value. (Yes. I'm not diversified)

In my previous post, I've also explained briefly on the withdrawal and reason for doing so. The withdrawal has booked 100% profit of the table and the remaining funds in crypto are basically free-hold. It's true that I've been losing out a hell lot of possible profits for the recent weeks due to the withdrawal of funds. But, I do not regret on my decision. Having to play with "free-chips" beats anything. It would be really interesting if I'm able to show people that how much I'm profiting from the market with merely USD 200 of free chips.

But remember - Not profiting DOES NOT EQUATES to losing money. 

Why is this guy stupid or out of his mind? Withdrawing his funds from a surging bull market? He's gonna lose out on so much! Whatever.

Below is the summary of details for this segment, ending 19/12/17 (based on USD=1.3381):
Total Capital Injection (USD) = USD 500.00
DBS MCA Funds (USD) = USD 1019.97
Value of Crypto-holdings (USD) = USD 331.44
Total Value (USD) = USD 1,019.97 + 331.44 = USD 1,351.41

Total Capital Injection (SGD) = S$ 684.70
Total Value (SGD) = S$ 1,808.32

There will be 2 different P/L in SGD and USD. The difference is due to forex spread. Nonetheless, I will be taking the results for SGD for computing.

P/L (USD) = +170.28%
P/L (SGD) = +164.11%

Now this is really really explosive. Similarly, for the fun of it, allow me to calculate the CAGR for this section. At the same time, I doubt that the crypto world will have that many years more for such exponential growth too.

Taking my beginning value at S$684.70, holding for one month. Ending value at S$1,808.32.

CAGR = (1808.32/684.70)^(1/0.083)-1 = 120,676.41%

Read: A month as a cryptocurrency trader - Results



3. Overall Portfolio Performance
The overall portfolio performance is an overview of both cryptocurrency investment and equities portfolio. The performance is greenish here due to the bout in cryptocurrency. Yes it's beginner's luck. Nonetheless, I'm thankful for what that had happened.

I heard it's really difficult to cash out from crypto. Did you really manage to cash out your gains from cryptocurrency? Yes.

Total sums and Overall performance:
Grand Total (Capital Injection) = S$ 5,882.09 + 684.70 = 6,566.79
Grand Total (Value) = S$7,584.66
Unrealized + Realized P/L ($) = S$5.48 + 1123.62 = S$1,129.10 
Unrealized + Realized P/L (%) = (7584.66/6566.79)-1 = +15.50%

STI has return 21% till date from the start of 2017. Hence, with this performance you see here. I'm unable to beat the market in 2017.

Assuming the holding period throughout is 10 months (based on my first investment):
CAGR = (7584.66/6566.79)^(1/0.83) -1 = 18.96%

This concludes my overall portfolio performance for this year.
As I'm really new to this, kindly suggest to me on how I'd be able to further improve on this performance review so I'd be able to include it in the performance review post next year.

The year of 2017 have been rather rewarding in some way. And soon, we will be entering 2018. In the coming post, nearing the end of December, I will be writing about the review & reflection of 2017 along with the resolutions of 2018.

Hope everyone is having a good holidays now :)