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Showing posts with label University. Show all posts
Showing posts with label University. Show all posts

Monday, December 20, 2010

My Financial Situation...and stock notes today

I've been reading through many Singaporean investment bloggers. Many people, in their late 20s to early 30s, already have SGD 100k to SGD 300k investable liquid assets. I just turned 20 not long ago and I have...below 20k. Understandable, since I'm an NSF...

Unfortunately...this will dog me through to my early 30s, or even further. Why?

I'm going to England for University...after being rejected by a certain faculty in NUS.
It's going to cost me(read: parents) a bomb...In excess of SGD 300,000.
Obviously there has to be a ROI on that investment...
How long will I take to earn back 300k (with interest!)?

Looks like I'll be a low net worth individual (indeed, a negative net worth) for quite some time...
 

Back to stocks today:

-I was sorely tempted to pick up KeppelCorp warrants again this morning after they fell back to $0.325 (as KepCorp fell to $10.60). Decided not to, as TA tells me it isn't a good time, and also because I went out with my friends in the afternoon (just came back actually), and ANYTHING can happen...

-First REIT rose to $0.705, which kind of prices me out. I was (still am) looking to enter at $0.680.

-Dapai fell again to $0.190. Will probably buy some (5-7lots) before 4Q 2010 results come in early Jan.

-STI ETF fell to $3.20. Still too expensive for me. STI has formed a head and shoulders formation. Might see some downside. Will be in the sidelines for now.