Lone wolf investor

  I have decided to sell off my HPC at a 4% loss after dividend. Some profit from BOC sale were used to do the spring cleaning. I don’t quite like the way the stock is trading. There is simply a lack of interest in the stock even though it is way undervalued by a mile. I am also cautious on potential weakness of the general market if we have another hot inflation number before Wall Street opened on Wednesday. I hope to do better next time. God Bless. Please consider following us on telegram for the latest update on Lone Wolf investor by clicking on the link below. No form filling, no payment required, no collection of data, no data mining, no hard selling, no obligation.  https://t.me/joinchat/oCgkD3sQFRMzMWM1 Disclaimers   All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent i...

  Liu Kuo Sung Taiwan 1932  Red Sun circa 2015  Collection of Liu Kuo Sung Foundation@National Gallery Singapore  Market Summary 3-9 Jul 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸 - US spread between 2 n 10-year treasuries at deepest inversion since 1981; 2-year treasury hits 16-year high after ADP job data - US inflation declining slower than expected: Fed  + US non-manufacturing PMI increased to 53.9 in Jun from 50.3 in May  + US layoffs nearly halved in Jun MoM as job cuts in tech sector fell  - US factory orders rose 0.3% after advancing same margin in Apr, below expectations  + US nearly all officials at Fed’s Jun meeting believed appropriate to pause rate hikes - Fed sees more rate hikes ahead, but at slower pace; a mild recession as likely to start later this year  + US private sector adds 497,000 jobs in Jun, more than double expectations: ADP + US unemployment rate drops to 3.6%, added 209,000 jobs in Jun, less than expected   - US mortgage ...

  I have sold my holdings in Bank of China after XD today. Lone Wolf Fund walked away with capital and dividend gain in excess of 10%. I will wait for other opportunities which may arises if the market took a turn for the weaker. God Bless 🙏 Please consider following us on telegram for the latest update on Lone Wolf investor by clicking on the link below. No form filling, no payment required, no collection of data, no data mining, no hard selling, no obligation.  https://t.me/joinchat/oCgkD3sQFRMzMWM1 Disclaimers   All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliab...

(Image Credit : CNA)    https://www.channelnewsasia.com/singapore/coe-prices-cars-buy-families-young-children-necessity-3581311?cid=internal_sharetool_ipad_06072023_cna   I mentioned previously about owning a car had become somewhat elitist in Singapore. Some people who have a genuine need of a car might not be rich. I am sympathetic to those who are caught in a catch 22 situation where not having a car is not an option. There was an article in CNA talking about car ownership in Singapore. I did a simple calculation on the given example of owning a Toyota(bread and butter). A base model Toyota as cited in the article cost $165,000 including COE. What are the potential savings if one put off the idea of buying a car for 10 years in this crazy market. Base on 10 years Cost of Vehicles $165,000 Plus Car Loan interest 70% quantum@3% $35,000 Cost of parking and ERP $24,000 Cost of petrol and road tax $30,000 Cost of Insurance $12,000 Cost of maintenance $10,000(no major issue ...

(Contents) “Mind Over Money” The Psychology of Money and How to Use It Better explained the psychological behind our brain on how we view money. The author, Claudia Hammond described the 12 kinds of personalities towards money. I find them very interesting. Most of us should be able to relate ourself with one or few personalities mention in the author’s book.  1.) The freedom buyer describes a person resent being required to limit ones autonomy and see money as a way of paying not to be told what to do. 2.) The freedom fighter describe an individual that dislike the way money constraints people and would like to see it shared out more equally akin to a concerned liberal or a misfit. 3.) The compulsive saver is one that save money for the sake of saving it. It also describes a person putting away money religiously every month. A person that doesn’t enjoy his holiday given he is spending more without the money he would have made if he had not gone on a holiday. 4.) The self-denier is...

 A Voyage Back In Time Exhibition @Children’s Museum  Market Summary 26 Jun – 2 Jul 2023 🇺🇸 🇺🇸 🇺🇸 🇺🇸 🇺🇸 + US economy grew at 2% annualised pace in Q1; final revision to the figure, up from previous estimate of 1.3%  + US consumer confidence climbed to highest level since Jan 2022  + US consumer spending edged up 0.1% in May, Apr spending up 0.6% instead of 0.8%, data revised lower  - US big banks would lose US$541bn in doomsday scenario: Fed predicts  + US weekly initial jobless claims decline to 239,000 vs 265,000 expected  - US govt debt will jump from 98% of GDP 2023 to 107% by 2029, 181% by 2053 if current law remain unchanged: CBO + Fed’s stress test showed lenders; JPMorgan, BofA, Citigp, Wells Fargo, Morgan Stanley and Goldman Sachs have enough capital to weather a server economic slump  + US all 23 banks passed Federal Reserve’s annual stress test  + US asked banks to help firms with commercial real estate stress  + US ...

  (Image credit : Sony Corporation of America ; The dynamic duo of Wheel of Fortune) Lone Wolf Fund(LWF) Portfolio as at end of June 1.) Cash 2.) Bank of China(3988.HKG) 3.)  Boustead Singapore(BSL) 4.)  Haw Par Corporation(HPC) *Stocks are not rank in accordance to capital invested .  *Just for sharing. Not an inducement to buy or sell . Wheel of Fortune   My favourite TV host, Pat Sajak from Wheel of Fortune will be retiring in 2024. It is not absurd to be saying I had been watching him since I was a kid. Wheel of Fortune longest serving host is a mainstay of Channel 5 primetime. It is also the program which I enjoy watching with my son. I can’t imagine watching Wheel of Fortune without him. Pat Sajak is Wheel of Fortune, Wheel of Fortune is Pat Sajak. 😢 With the closure of Turf Club in 2024, I predict more people will be spinning their “Wheel of Fortune” in the casino. Gambling is in the blood of the Chinese. One can’t get into the mood of Chinese New Year c...