Articles from SGXcafehttps://www.sgxcafe.com/articleThoughts and strategies towards financial freedom!en-usDo You Really Know How To Calculate Current Yield?https://www.sgxcafe.com/article/view/82/do+you+really+know+how+to+calculate+current+yieldThis seemingly simple equation is in fact not that easy to compute. I recently adjusted and optimized the calculation of Current Yield from insights and discussions that several users have brought forth. What is Current Yield? English Definition: Current yield is an investment's annual income (interest or dividends) divided by the current price of the security (Source: Investopedia). Mathematical Definition: ...14 Feb 2017 14:01:18 +0800Future Yieldhttps://www.sgxcafe.com/article/view/81/future+yieldAt the moment, one of the most highly voted features in Friends of SGXcafe is "Use various known methods to compute the intrinsic value of stocks". As much as I want to do it, it is not easy to compute the real "intrinsic" value of stocks, assuming it even exists. All methods that I have found require subjective opinions of the future. And often, small deviations in assumed values influence the results ...7 Feb 2017 08:48:44 +0800Two Clicks to Any Page!https://www.sgxcafe.com/article/view/80/two+clicks+to+any+page%21First of all, Gong Xi Fa Cai! As I am currently in Japan, I've got nowhere to go "bai nian". In combination with my wife not feeling so well, I've got on my hands an entire weekend to work on SGXcafe. One thing that is starting to irritate me is that as SGXcafe continues to add more features, I would have to make numerous clicks just to access a particular feature. This problem is amplified when I ...28 Jan 2017 12:42:16 +0800Introducing the New Wallhttps://www.sgxcafe.com/article/view/79/introducing+the+new+wallAs mentioned in the first article of 2017, one of SGXcafe's focus is to improve mobile engagement. So here we are, with our first baby step. I was never a fan of how SGXcafe's home page was as it did not allow users to easily catch up on the latest happenings since their last visit, and the format was not mobile-friendly. Hence we are introducing a Wall that is inspired by Facebook's feed where all ...23 Jan 2017 10:30:20 +0800Quick Features' Update: Multiple Portfolio in Emails, New Portfolio Profile Page, and morehttps://www.sgxcafe.com/article/view/78/quick+features%27+update%3A+multiple+portfolio+in+emails%2C+new+portfolio+profile+page%2C+and+moreI had some time this weekend and managed to finish up a few user requests, and would like to share them: 1) Individual Portfolio in Daily Market Update Emails Now you can opt to view the performance of each portfolio you own by simply going to this page and checking the "Individual Portfolio - Information about each portfolio you own" box. You will see the performance of your individual portfolios ...8 Jan 2017 21:10:00 +0800SGXcafe in 2017https://www.sgxcafe.com/article/view/76/sgxcafe+in+2017Review of 2016 2016 have been a year with its ups and downs for SGXcafe. At one point, it is faced with the possibility of shutting down. However, with the support of many users, it managed to march on. I truly appreciate each and every one of you for using SGXcafe especially those whom also contributed financially and/or by sharing about SGXcafe. Looking back at the articles of 2016, I realized we ...1 Jan 2017 22:00:47 +0800The True Cost of Being Freehttps://www.sgxcafe.com/article/view/75/the+true+cost+of+being+freeSGXcafe was originally built to help manage my own portfolio. I decided to share it freely when I realized it might be useful to many other retail investors like myself who do not have access to proper portfolio management tools. However, I was soon notified by SGX that SGXcafe requires appropriate licensing to continue operating publicly. At that time, under the encouragement of many users, I decided ...21 Dec 2016 16:58:43 +0800Introducing Technical Charts to SGXcafehttps://www.sgxcafe.com/article/view/74/introducing+technical+charts+to+sgxcafeI have been interested in learning and integrating various approaches, namely fundamental analysis, technical analysis, portfolio management and machine learning to help myself make better investments/trades. This is the one of the reasons why SGXcafe exists. Recently, I started learning more about technical analysis through a book titled, Come into my Trading Room. I am thankful to Azrael for introducing ...18 Dec 2016 09:52:24 +0800Invisible Updateshttps://www.sgxcafe.com/article/view/73/invisible+updatesOn average, I spend one to two hours a day working on SGXcafe. Sometimes, the features added are large and obvious. At other times, they are essentially invisible to most users. Today, I would like to share a few "invisible" feature updates that have been made recently. 1) Desktop view on mobile phones As mobile phone screens become larger, there have been requests to view the standard desktop view ...10 Dec 2016 17:02:08 +0800Should You Avoid High P/E?https://www.sgxcafe.com/article/view/72/should+you+avoid+high+p%2B%2BeIt has often been advocated to avoid any stocks with a high P/E. The common argument is that you would be overpaying for hype stocks. However, overpaying or not depends on how the high P/E stocks behaves in future. For example, if high P/E stocks actually do grow at a rate that is significantly higher than low P/E stocks, then it is arguably justifiable to buy stocks with a high P/E. One real-life ...30 Nov 2016 12:55:57 +0800Are You Using The New Stock Screener? Why or Why Not?https://www.sgxcafe.com/article/view/71/are+you+using+the+new+stock+screener+why+or+why+notSince the introduction of the new stock screener, I have received numerous requests to add more metrics and/or to add more ways to build the constraints so that different strategies can be easily implemented using the new screener. Hence the number of metrics have grown, from the initial 30 to the current 60+ different metrics covering both technicals and fundamentals. The number of ways to build the ...22 Nov 2016 16:33:09 +0800Share Screeners Effortlesslyhttps://www.sgxcafe.com/article/view/70/share+screeners+effortlesslyRecently, I introduced the new Stock Screener. It was well-received with many requests to add metrics and capabilities to it. This week, I spent some time to add the ability to share your Screener easily. There are a few things I hope to achieve with this sharing feature. 1) Easy Translation - To demonstrate how to easy it is to translate a strategy in your mind into a concrete screener. I have translated ...12 Nov 2016 22:42:07 +0800Introducing The New Stock Screenerhttps://www.sgxcafe.com/article/view/69/introducing+the+new+stock+screenerPreviously, I mostly viewed "What stocks to buy" as a ranking problem. What this means is that I would rank all the stocks available based on some criteria and pick the top few to purchase. Hence, tools that I built tend to generate a score and ranked accordingly. Examples are iAssist, Dividend Strength and Scorer (Scorer was previously known as Screener). However, after taking the eVIMC course and ...6 Nov 2016 14:20:21 +08005 Things You Can Do To Create A More Vibrant SGXCafehttps://www.sgxcafe.com/article/view/66/5+things+you+can+do+to+create+a+more+vibrant+sgxcafeBy now, you have probably noticed that SGXcafe recently started a "Cafe". It is a place where people can ask questions or discuss anything related to investment. It also includes blog posts aggregated from blogs mainly from Singapore that are sharing financial/investment knowledge and information. Special thanks goes to Derek from TheFinance.sg for helping me to get permission from each blogger to ...24 Oct 2016 11:32:52 +0800Win Free Tickets to BigFatPurse Investor Conference 2016https://www.sgxcafe.com/article/view/67/win+free+tickets+to+bigfatpurse+investor+conference+2016Each year, BigFatPurse organises a gathering for investors to check on their current year's performance and to get new investing ideas for the upcoming year. It used to be opened only to their members. As more people heard about their gathering, they received more requests to open it up to the public. And this year, they have finally opened it. With a star-studded speaker line up made up of fund managers ...18 Oct 2016 09:31:06 +0800A Course All Investors Should Attendhttps://www.sgxcafe.com/article/view/65/a+course+all+investors+should+attendI have always wanted to attend the Value Investing Mastery Course (or VIMC) by BigFatPurse as I have heard many good things about it. However, as I am working and living in Tokyo, there was no opportunity for me to attend. Luckily for me, they recently released eVIMC, which is the e-learning equivalent of the popular VIMC. Personally, I have always preferred e-learning over physical lectures as it ...5 Oct 2016 13:21:34 +0800My BeatTheMarket Strategyhttps://www.sgxcafe.com/article/view/64/my+beatthemarket+strategyBeatTheMarket is a mini-game that I built in SGXcafe. The idea is simple: you will be given facts of an anonymous stock on a historical date. Based on the information, you will choose whether to invest or ignore that stock. Once you've decided, SGXcafe will immediately tell you on the next screen if that stock beat the index one year later. If you have not tried it, I encourage you to try it now :) ...29 Sep 2016 13:17:26 +0800SGXcafe's Own Forum!https://www.sgxcafe.com/article/view/62/sgxcafe%27s+own+forum%21Several users have independently suggested that SGXcafe should have its own forum. Hence, I spent the last week building it and I am excited to share that the forum is live and ready for use! For a forum to be successful, it requires the active participation of the community. Currently, SGXcafe has several tens of thousand visitors every month, of which several thousands are heavy users of SGXcafe. ...26 Sep 2016 12:26:37 +0800Share Your Portfolio Selectivelyhttps://www.sgxcafe.com/article/view/60/share+your+portfolio+selectivelyOur portfolios are very personal and sensitive information. While many users have generously shared them publicly, many more are not comfortable with opening up their portfolio and share with just anyone who visits sgxcafe.com. This is totally understandable. Even I only share my portfolio partially (portfolio is displayed without exact values). Hence, I have recently added a followers/following mechanism ...16 Sep 2016 13:15:59 +0800Easily Scan for Trending Stockshttps://www.sgxcafe.com/article/view/59/easily+scan+for+trending+stocksMany Stock Screeners (including the one on SGXcafe previously) only allows you to screen for stocks based on the current value of metrics. However, we are sometimes more interested in the trend of the metric than its current value. Hence, I have recently added more than 50 metrics trends to SGXcafe. At the moment, you are able to use them in two main places. 1) In Screener You can now use SGXcafe screener ...7 Sep 2016 14:23:53 +0800Play and Become A Better Investor!https://www.sgxcafe.com/article/view/58/play+and+become+a+better+investor%21As an investor, we often want to believe that we can pick stocks that can beat the market. So I made a game that allows us to test if we could actually pick stocks that can beat the market. The idea is simple: you will be given facts of an anonymous stock on a historical date. Based on the information, you will choose whether to invest or ignore that stock. Once you have made the decision, SGXcafe ...1 Sep 2016 10:53:16 +0800Fundamental Metrics - See More, More Easilyhttps://www.sgxcafe.com/article/view/56/fundamental+metrics+-+see+more%2C+more+easilyFor each listed stock in SGX, there is a profile page (e.g. DBS) that displays the valuation and financial metrics of that stock. Personally, I use it often to learn the historical and current fundamental values of the stock. However, there are limitations to it. 1) Due to space constraint, I can only display partial information. For example, for Valuation metrics, I only show 52 weeks high, low, median, ...22 Aug 2016 12:34:46 +0800SGXcafe Now Computes Your Cash Balance As Well!https://www.sgxcafe.com/article/view/55/sgxcafe+now+computes+your+cash+balance+as+well%21One of the recent most-voted feature in Friends of SGXcafe is having a cash component to track your cash balance. It is a seemingly easy feature, but was actually tedious to implement because it intertwines with several other existing components in SGXcafe. What is Cash Balance? Easily track the amount of cash you currently have on hand after you buy or sell stocks, receive dividends, or deposit or ...13 Aug 2016 20:42:59 +0800SGXcafe Needs You!https://www.sgxcafe.com/article/view/54/sgxcafe+needs+you%21About four months have passed since the major crisis faced by SGXcafe. At that time, SGXcafe had to choose between paying tens of thousands in licensing fees yearly to continue running, or face closing down. I have chosen the former, which is why SGXcafe is still operating today. Although it put a huge dent in my savings, I do not regret my decision, because in the last four months, the number of SGXcafe ...8 Aug 2016 16:09:43 +0800SGXcafe Andriod App Now Available!https://www.sgxcafe.com/article/view/53/sgxcafe+andriod+app+now+available%21A few weeks ago, I released an iOS app for SGXcafe. Naturally, Android users started to request an app as well. However, just like it was for iOS, I do not have any experience with Android development either. Hence, I jokingly requested a friend from work to build the SGXcafe Android app for me and to my utmost surprise, he showed me a first version the next day. Of course, SGXcafe mobile apps are ...4 Aug 2016 14:13:11 +0800More Updates: Dividends Override Bug and More Dividends-Related Improvementshttps://www.sgxcafe.com/article/view/52/more+updates%3A+dividends+override+bug+and+more+dividends-related+improvementsDividends Override was introduced to SGXcafe during the time when one account can hold only one portfolio. Soon after, I introduced the support for Multiple Portfolios in SGXcafe. However, Dividends Override was not updated to support Multiple Portfolios. This mistake potentially caused some mistakes in computing the total dividends you have collected if you happen to hold the same stock in different ...31 Jul 2016 13:22:59 +0800Updates: Dividend Projection, Dividend Details by Month and Morehttps://www.sgxcafe.com/article/view/51/updates%3A+dividend+projection%2C+dividend+details+by+month+and+moreMany users use SGXcafe to track their dividends, and I have received suggestions regarding it. I am always happy to hear from users, and where possible, I do my best to implement them in SGXcafe. This weekend, I spent some time and worked on a few aspects related to dividends: Dividend Projection In Portfolio Report, I have added a feature that projects how much dividends you are likely to receive ...25 Jul 2016 07:11:43 +0800Download SGXcafe iOS App Now!https://www.sgxcafe.com/article/view/50/download+sgxcafe+ios+app+now%21Yes, SGXcafe finally has an app! According to Google Analytics, about 40% of visitors use mobile devices to access SGXcafe. Naturally, there have been numerous requests for SGXcafe to have a mobile app. Personally, I also wanted a mobile app for SGXcafe to better serve users, but I know nothing about iOS and Andriod development hence I have been procrastinating it. However, "iOS Universal App" is one ...21 Jul 2016 14:37:31 +0800Annualized Dividends and P&L For Your Portfoliohttps://www.sgxcafe.com/article/view/27/annualized+dividends+and+p%26l+for+your+portfolioMany features that you see in SGXcafe are requests made by users. I appreciate feedback and feature requests from users, and do my best to make it happen whenever possible. Therefore, if there is any feature that you wish to see in SGXcafe, feel free to let me know! This weekend, I spent some time working on adding new columns (e.g. annualized dividends % and annualized P&L %) to current portfolio ...18 Jul 2016 12:26:35 +0800Improved Screener and Other Updateshttps://www.sgxcafe.com/article/view/49/improved+screener+and+other+updatesScreener has always been one tool in SGXcafe that I enjoy using. With it, I can easily rank the hundreds of stocks listed in SGX based on whatever metrics I want. Which is also the reason why I decided to spend some time this weekend enhancing it. Firstly, I added a few more metrics to it. Namely: - Dividend Strength - NAV / Price - Cash / Price - Cashflow / Price There have been requests to rank only ...11 Jul 2016 06:07:25 +0800What Can SGXcafe Do For You?https://www.sgxcafe.com/article/view/47/what+can+sgxcafe+do+for+youSGXcafe is constantly evolving, and as I continue to add features to SGXcafe, even I am starting to lose count of them. Therefore, I believe that many users - especially new users - might miss out on many features that SGXcafe offers. This article aims to record all the features available in SGXcafe, and this article will be updated as new features are added. I highly recommend for you to at least ...8 Jul 2016 14:03:50 +0800Improved Portfolio Reportinghttps://www.sgxcafe.com/article/view/48/improved+portfolio+reportingOne of the main goals of SGXcafe is providing a portfolio management tool. It is also one of the most popular features in SGXcafe. When I added the ability for one account to have multiple portfolios, it was quickly adopted and used by hundreds of users. However, at that time, you could not look at individual portfolio for the portfolio reporting tab and a few users requested to have this feature added. ...3 Jul 2016 14:03:16 +0800Why and How I Use Dividend Strengthhttps://www.sgxcafe.com/article/view/46/why+and+how+i+use+dividend+strengthAs many of you would know, I initially built SGXcafe for my personal investment needs. Hence many tools here exist because I use them personally for my own investing. iAssist and iSuggest were tools that I built in an attempt to help me diversify my portfolio as it was rather challenging to decide which stock to add to my portfolio among the several hundred stocks listed in SGX. However, there is a ...24 Jun 2016 07:38:35 +0800Updates: Visualization, Watchlist Limit, and Renamed Stockshttps://www.sgxcafe.com/article/view/4/updates%3A+visualization%2C+watchlist+limit%2C+and+renamed+stocksA quick update on a few tweaks around SGXcafe. One of the top feature requests recently in SGXcafe is having more visualization. Specifically, the ability to see at a glance how much dividends you receive monthly (against other years) historically and pie charts to see your portfolio's breakdown by sector, industry and companies. Feel free to suggest more if there is other information you'd like to ...20 Jun 2016 22:00:44 +0800APAC Stock Information Now On SGXcafehttps://www.sgxcafe.com/article/view/10/apac+stock+information+now+on+sgxcafeWhen I was licensing data, the data provider insisted on selling me the information for APAC region as a package instead of just Singapore alone. Was it so that they could charge me a higher price? In any case, seeing as I have the information, I have been wanting to organize and share those data. Today, I am happy to share that you can now find information of stocks listed in APAC exchanges such as ...18 Jun 2016 06:42:25 +0800SGXcafe Now Supports Multiple Portfolioshttps://www.sgxcafe.com/article/view/44/sgxcafe+now+supports+multiple+portfoliosRecently, quite a few users have independently requested for the ability to have multiple portfolios in a single account. It seems typical to have multiple investment accounts, such as CDP, CPF, and SRS. Although this seems like a straightforward feature, it actually requires significant amount of time and effort to build because: 1. SGXcafe was built with the assumption of one portfolio per account, ...13 Jun 2016 12:20:27 +0800How My Wife Uses SGXcafe - Dividend Strengthhttps://www.sgxcafe.com/article/view/45/how+my+wife+uses+sgxcafe+-+dividend+strengthRecently, I finally managed to convince my wife to start investing directly using her own account. That is, she now has to decide for herself what and when to buy/sell. I did this partly so that she can directly feedback to me about what features needs to be improved or added to SGXcafe for users like her. I'll let her tell you about her experience using SGXcafe. --- Unlike Evan, I have no interest ...7 Jun 2016 13:00:02 +0800Frequently Asked Questionshttps://www.sgxcafe.com/article/view/43/frequently+asked+questionsI regularly receive questions related to SGXcafe and often the same questions are asked over and over again, hence I think it is time to consolidate them in one place. This article will serve as a placeholder for FAQ and I will update this article as I receive more questions. How do I use SGXcafe? While I constantly add new features to SGXcafe, they will be centered around two themes: Helping you manage ...2 Jun 2016 05:57:55 +0800Portfolio Sharing 2.0https://www.sgxcafe.com/article/view/42/portfolio+sharing+2.0Initially, the portfolio sharing feature was added with the intention to allow SGXcafe users to easily share their portfolios on their own blogs as I saw many financial bloggers in Singapore sharing their well-crafted portfolios but in a technically-inefficient way (e.g. copy and paste from excel sheet to html). Interestingly, this feature is gaining popularity in SGXcafe itself, especially after the ...28 May 2016 22:48:30 +0800Rank and Compare Stocks Based on What Matters to Youhttps://www.sgxcafe.com/article/view/41/rank+and+compare+stocks+based+on+what+matters+to+youOut of the several hundred stocks listed in SGX, how do you choose which one to buy? Use value investing to find the undervalued stocks? Find stocks with huge growth potential? Find income stocks that would give high and stable dividends for many years to come? Or...? Everyone has their own school of thought (e.g. Value investing, Growth investing, Income investing, etc) for choosing what stock to ...22 May 2016 06:15:02 +0800SGXcafe Will Continue To Stay Freehttps://www.sgxcafe.com/article/view/40/sgxcafe+will+continue+to+stay+freeLong Story Short SGXcafe will continue to be free, but to cover for the high operating costs due to licensing, I would like to invite you to do one or more of the following if you would like to show your support for SGXcafe. 1) Help increase awareness of SGXcafe. You can do this via your blog, share SGXcafe's articles on facebook, or simply via word of mouth to people whom you believe can benefit from ...15 May 2016 21:57:17 +0800Dividends Collected is Back, and Better Than Beforehttps://www.sgxcafe.com/article/view/39/dividends+collected+is+back%2C+and+better+than+beforeThese days, I have been preoccupied with making the switch to using properly licensed data from data I used to crawl from all over the internet. There are still some issues to iron out, but otherwise it is progressing quite well. Due to the switch, I had to take down several features temporarily, and one of the features that went offline was "Dividends Collected". "Dividends Collected" essentially ...6 May 2016 14:36:24 +0800Coming Back Soon: Dividend Information and Morehttps://www.sgxcafe.com/article/view/38/coming+back+soon%3A+dividend+information+and+moreIt has been two weeks since my last update. I am happy to share that most administrative issues with SGX and third party data providers have been handled. Next on the list would be to tackle the technical issues of integrating data that I have licensed into SGXcafe. I have already started integrating dividend information, since this is something numerous users have been asking me about. At this point ...23 Apr 2016 14:22:22 +0800A Quick Updatehttps://www.sgxcafe.com/article/view/37/a+quick+updateIt has been a week since the survey. Thank you to all who responded to the survey. The survey results are quite open to interpretation. If we simply look at the absolute number of people willing to pay to keep SGXcafe going, the logical choice would be to close SGXcafe as it is far from sufficient. However, if we look at the percentage of people willing to pay, it is quite encouraging as 42% of the ...10 Apr 2016 19:20:44 +0800Help Shape SGXcafe's Futurehttps://www.sgxcafe.com/article/view/36/help+shape+sgxcafe%27s+futureNote: There is a one-question survey at the end of the post, and your input is appreciated. Today, I am writing because SGXcafe has reached a crossroad. You might know that SGXcafe started out as a personal project, but I made it available for public use when I thought it might help other small retail investors like myself invest better. However, SGX recently contacted me and said that SGXcafe needs ...2 Apr 2016 17:43:44 +0800Decide When to Buy or Sell Using Short Selling Activitieshttps://www.sgxcafe.com/article/view/35/decide+when+to+buy+or+sell+using+short+selling+activitiesNote: This feature is not available anymore due to licensing issues. Here is a question: How do you decide when to buy or sell a stock? I started trading in SGX a year ago, and every time I have money to invest, I always wonder "Should I buy now? But if not now, then when?" Since I didn't have a good answer to that question, what I've been doing till now is simply buy the best stock that fits my portfolio ...29 Mar 2016 00:32:55 +0800Stay Alert with SGXcafehttps://www.sgxcafe.com/article/view/34/stay+alert+with+sgxcafeNote: Instead of every minute, alerts will be check daily at the end of day due to licensing issues. In an ideal world, we would be able to monitor the stock market around the clock, so that we would know the instant the stock reaches a price we've been gunning for, or when the stock we've KIV-ed at the back of our minds is approaching the ex-dividend date. Alas, we don't live in an ideal world, and ...21 Mar 2016 08:05:03 +0800Manage and Share Your Portfolio Effortlesslyhttps://www.sgxcafe.com/article/view/33/manage+and+share+your+portfolio+effortlesslyAre you keeping track of your portfolio by Excel or some other tedious method? There is a way to do it painlessly, and it even allows you to share it on your own site with just a single line of html code! The best part? It's all available for free! There are many awesome financial bloggers in Singapore who share their portfolios on their blog. To me, it is to demonstrate that having a good passive ...18 Mar 2016 13:05:45 +0800SGXcafe Turns One! Thank You!https://www.sgxcafe.com/article/view/32/sgxcafe+turns+one%21+thank+you%21The first SGXcafe article was released on 15 March 2015, so SGXcafe officially turns one today! Many things have happened in this one year. One thousand daily visitors In this one year, SGXcafe has grown from just one daily visitor (me) to more than a thousand daily visitors now. I'm so glad so many people enjoy using SGXcafe. Thank you for your support! Invest using only SGXcafe I have added all the ...15 Mar 2016 12:58:21 +0800Improved Dividend Strength Estimatorhttps://www.sgxcafe.com/article/view/31/improved+dividend+strength+estimatorIn a previous article, I introduced a model which uses fundamental data to estimate Dividend Strength, P("same or more dividends next year" | "predicted to be giving same or more dividends next year"). Numerous people have shown interest in this estimation model, therefore I decided to spend more time improving its performance. Its performance have increased from AUC (Area Under ROC) of 0.65 to 0.7. ...8 Mar 2016 13:46:47 +0800Do You Keep Your Extra Cash in the Bank? There Are Better Options Out There!https://www.sgxcafe.com/article/view/26/do+you+keep+your+extra+cash+in+the+bank+there+are+better+options+out+there%21The company that I am currently working for in Tokyo has a cafeteria that serves free lunch to all employees, hence during lunchtime, we would get together for lunch and chat. Occasionally, the topic about money management would come up, and to date, I have yet to find a Japanese colleague who invests in the stock market, citing reasons of either finding it too risky, lack of knowledge, or more commonly, ...1 Mar 2016 14:04:05 +0800Dividend Strength Estimatorhttps://www.sgxcafe.com/article/view/30/dividend+strength+estimatorLike many others, I enjoy buying stocks that pay good dividends. The challenge is in identifying companies that will be able to pay good dividends year after year. Many might suggest reading through years of financial statements, as well as getting to know the top management and their vision for the company as it is the ideal way of projecting its future cashflow and thus, dividends. I do agree that ...23 Feb 2016 14:02:21 +0800Growing Dividends - Does Debt-to-equity Ratio and Operating Cashflow Matter? (Part 2)https://www.sgxcafe.com/article/view/29/growing+dividends+-+does+debt-to-equity+ratio+and+operating+cashflow+matter+%28part+2%29In the previous article, I looked at how Debt-to-equity and Operating Cashflow (referred to as DER and OC from hereon) would influence Dividend Per Share (DPS). In particular, I looked at see how change of DER and change of OC in year X influences the DPS in year X+1. In this article, I would like to focus on the how absolute DER and absolute OC in year X could be a predictor of DPS in year X+1. Methodology ...15 Feb 2016 23:14:57 +0800Growing Dividends - Does Debt-to-equity Ratio and Operating Cashflow Matter?https://www.sgxcafe.com/article/view/28/growing+dividends+-+does+debt-to-equity+ratio+and+operating+cashflow+matterI believe there are many investors like me who love to invest in companies that pay dividends. Naturally, we hope that companies we invest in would have growing dividends. So, the question is "How can we differentiate companies that will have growing dividends from others?" In an attempt to find an answer to this question, I will perform a series of analyses in this and upcoming articles. Today, I ...10 Feb 2016 15:18:05 +0800The John Neff Screenerhttps://www.sgxcafe.com/article/view/25/the+john+neff+screenerI regularly read articles from "The Motley Fool Singapore". One person that is frequently mentioned there is John Neff. "John Neff (born 1931) is one of the best known mutual fund investors of the past 40 years, notable for his contrarian and value investing styles as well as heading Vanguard's Windsor Fund. Windsor was the best performing mutual fund during his tenure and became the largest fund closing ...2 Feb 2016 11:57:13 +0800Facebook for Investorhttps://www.sgxcafe.com/article/view/24/facebook+for+investorNote: This feature have since been removed due to low usage. We all have a limited amount of time. Are you spending that time wisely? And are you spending more time than you should be scrolling through Facebook? I am :( In an attempt to change that, I thought that if I'm going to scroll through something on my phone, I might as well be scrolling through information on companies that I have invested ...26 Jan 2016 15:54:46 +0800A Simple Trend Analysis of Dividends - Part 2https://www.sgxcafe.com/article/view/23/a+simple+trend+analysis+of+dividends+-+part+2Previously, I wrote an article about some simple analysis I did of companies listed in SGX that pays dividends. The main conclusion of that article was as follows: 1) If a company is giving out dividends this year, the chance that it would give out same or more dividends (absolute amount per share) next year was 60%. 2) If a company is giving out dividends this year, the chance that it would give out ...19 Jan 2016 16:29:46 +0800Becoming an Angel Investorhttps://www.sgxcafe.com/article/view/22/becoming+an+angel+investorLast week, when I shared my portfolio in another article. I received comments privately from several people such as "50 stocks in your portfolio?!?! I think 30 should provide more than enough diversification", "Have you heard of Warren Buffet's 20 slot rules?", "Why are you holding so many different stocks?" etc. Well, there are a few reasons to this. 1) I have yet to devise or find a sound approach ...12 Jan 2016 07:32:35 +0800Review of My First Year Investing in SGXhttps://www.sgxcafe.com/article/view/21/review+of+my+first+year+investing+in+sgxAlthough 2015 is not my first year investing in the stock market, it is my first time investing in the Singapore market. Previously, I was focusing on the US market mainly due to two reasons: 1) The minimum to invest in many of the Singapore companies was relatively high (compared to the US) due to the minimum purchase of 1000 shares. I was a poor student then hence this was a fairly big deterrent. ...5 Jan 2016 07:20:47 +0800Analyze and Compare Stocks (using SGXcafe)https://www.sgxcafe.com/article/view/20/analyze+and+compare+stocks+%28using+sgxcafe%29Analyze Every investor has his/her favorite set of metrics that they look at when performing stock analysis and valuation. Therefore, it is difficult to decide which metric to display in SGXcafe, hence most of the time, I simply choose to display information that I am personally interested in. But I want to make SGXcafe more customizable so that it can provide better value to everyone. Incidentally, ...28 Dec 2015 22:30:58 +0800Did You Beat the Market in 2015? I Did Not.https://www.sgxcafe.com/article/view/19/did+you+beat+the+market+in+2015+i+did+not.As 2015 is coming to an end, I am interested to see how well I did, especially since this is the first year where I had sufficient surplus to invest seriously in the stock market. I am especially interested to know how well I fared against a form of benchmark. In a previous article, I suggested that an easy and good way for anyone to start investing is via ES3, an Index ETF tracking STI. The truth ...23 Dec 2015 02:17:58 +0800Keeping an Investment Journal (in SGXcafe)https://www.sgxcafe.com/article/view/18/keeping+an+investment+journal+%28in+sgxcafe%29Sometimes, I think I have an investing addiction. Just like people with a shopping addiction who feel compelled to go shopping whenever they have the time or money, likewise, I feel compelled to read up on stocks whenever I have the time (which was why I built SGXcafe to gather as much useful information as I can find for my ease of reading) and buy them whenever I have the money. However, I face a ...17 Dec 2015 05:12:21 +0800What to buy next? - Part 2https://www.sgxcafe.com/article/view/17/what+to+buy+next+-+part+2There exists hundreds of stocks in SGX and deciding what to buy next is not an easy task. In part one of the "What to buy next?" article, I shared a few tools in SGXcafe designed to help me with this problem, including a new screener tool, Screener added to SGXcafe about 3 weeks ago. Screener was met with very positive response and high usage, and I received comments on how useful it was and requests ...15 Dec 2015 11:47:10 +0800Trapped in Chennai, Indiahttps://www.sgxcafe.com/article/view/16/trapped+in+chennai%2C+indiaOn a recent business trip to India, I was stranded in Chennai because of massive flooding everywhere, including the airport, due to the worst rains the city has seen in the recent century. I shall skip the details of who, what, when, where, why and how I was trapped and escaped, but focus instead on what I felt during my time there. The Rich vs The Poor It was Day 3 since the heavy flooding started. ...8 Dec 2015 23:41:18 +0800What to buy next?https://www.sgxcafe.com/article/view/11/what+to+buy+next"What to buy next?" Almost every month, I ask myself this same question whenever my salary arrives or when a good amount of dividends have accumulated. When I first started investing, I wanted a diversified portfolio which is why I built the tool, iSuggest (iSuggest is free for all registered users). It worked well at first, as it quickly brought my portfolio risk down to a minimum. However, for those ...25 Nov 2015 06:20:19 +0800Bull or Bear?https://www.sgxcafe.com/article/view/3/bull+or+bear"No price is too high for a bull or too low for a bear" - an old Wall Street proverb It is a known fact that investors can be over-optimistic or over-pessimistic at times. When a series of good news happens, investors switch into the optimistic mode, often over-optimistic, and significantly bid up the price of a stock ditching any rational pricing theory whatsoever. Any high price will be justified ...27 Oct 2015 07:58:45 +0800How to retire?https://www.sgxcafe.com/article/view/15/how+to+retireMany people that I know invest not to be rich, but simply hoping to be able to retire one day. Likewise, my main goal of investment is to retire. Naturally, I am curious to know how I will be able to retire. More specifically, how much do I need to invest annually? What rate of return do I need? When I can retire? To answer these questions, I decided to build a simple simulator. Basically, it assumes ...28 Sep 2015 09:40:37 +0800How Much is a Stock Worth?https://www.sgxcafe.com/article/view/14/how+much+is+a+stock+worthRecently, I read a book, A Random Walk Down Wall Street by Burton G. Malkiel. In the book, he discussed two ways to valuate a stock - The firm-foundation theory and the castle-in-the-air theory. The firm-foundation theory assumes that each stock has a true value which is equal to the present value of all its future dividends. It is likely that you have heard something similar because this approach ...17 Aug 2015 07:21:52 +0800A Simple Trend Analysis of Dividendshttps://www.sgxcafe.com/article/view/12/a+simple+trend+analysis+of+dividendsOne factor that affects whether I purchase a stock or not is how much dividends it gave out last year, and for how many years it has been doing so. This is because when I purchase stocks, I am hoping mainly to benefit from dividend gains rather than capital gains. One obvious question would be: how much can we rely on the dividends that was paid out in the past to predict future dividends? One might ...6 Jul 2015 22:18:57 +0800Can you avoid investing?https://www.sgxcafe.com/article/view/9/can+you+avoid+investingRecently, a friend of mine sent me an article about how you should create a "total portfolio" that takes your career into account as part of the portfolio. That is, if you have a stable job, you should buy risky stocks so that you would have opportunities for huge gains since you are unlikely to get large pay raises. Likewise, if you are an entrepreneur, you should hold safe bonds since your career ...16 Jun 2015 05:23:22 +0800How diversified are you?https://www.sgxcafe.com/article/view/5/how+diversified+are+youAs the idiom goes, "Don't put all your eggs in one basket". It is common knowledge that diversification is very important when it comes to investing. However, the questions are: How to diversify? How diversified are you? How do you measure diversification? Google "How to diversify" and there are countless articles out there "teaching" people how to diversify. In my opinion, many articles are either ...5 May 2015 00:32:09 +0800Time limithttps://www.sgxcafe.com/article/view/6/time+limitEveryone has a limited time on earth. Are you making full use of your time? Are you truly doing what you want with your limited time? If money is no concern, would you still be working in the same place where you are now? I would not be. Don't get me wrong; I do have a wonderful job. It pays well, management is great, colleagues are awesome and the workplace is always full of fun. The easiest way to ...23 Apr 2015 21:01:21 +0800How "unlucky" can you get from investing?https://www.sgxcafe.com/article/view/8/how+%22unlucky%22+can+you+get+from+investingInvesting in the stock market is often deemed as risky and difficult by many. Here, I would show how a simple strategy would perform for a someone who does not know much about the stock market and is very unlucky when it comes to investing. Firstly, for someone without much knowledge in investing, index investing is ideal because it gives good diversification with just one stock. Also, rather than ...11 Apr 2015 20:48:34 +0800My investment strategyhttps://www.sgxcafe.com/article/view/2/my+investment+strategyI generally prefer a buy and hold approach. It is because I view shares of companies as entitlement to profits, and profits of good companies would only increase over time even if their short-term share price fluctuates. Also, capital gain is not recurring income whereas dividend gain is, and the latter is important to me since I am investing to retire. Of course, the question would be how to differentiate ...15 Mar 2015 14:48:09 +0800How to use SGXcafe?https://www.sgxcafe.com/article/view/7/how+to+use+sgxcafeWhen I started investing in Singapore stocks, I could not find any website that allows me to freely and easily access simple information regarding Singapore stocks or maintain my portfolio of Singapore stocks. Therefore, I decided to create SGXcafe to help myself and anyone else who faces the same predicament as me. There are currently two main ways you can use SGXcafe: 1) To gather information I organize ...15 Mar 2015 14:46:18 +0800