Subscribe to RSS feed
posted on 17 Dec 2015  -  3,859 views
Sometimes, 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 problem.
As I am someone who does not have a good memory, I often forget opinions/conclusions I form about stocks after reading up on them and sometimes cannot even recall why I made certain buy/sell decisions as well as any lessons that I learned.
My solution to this problem comes in the form of a new feature I added to SGXcafe where I can take notes and tag it to
a stock or to
a transaction or , or simply
a general note so that I can always refresh my memory on why I chose certain actions or inactions, opinions/conclusions of stocks, as well as general lessons learned from my investments.
Google "keeping an investment journal" and you can find numerous articles on the benefits of an investment journal and what to write in one.
For me, I prefer to simply call it
Notes in SGXcafe because I somehow feel that it is less intimidating. There is no pressure to write in it religiously like a journal; it is just to note down whatever comes to mind, whenever it does.
As usual, this is a simple first version that I would develop on more on should it turn out to be useful to me or others. Feel free to try it out and share with me your feedback on it!
- Cool! I have the same problem too although I am trying to solve this by putting notes in excel. Thanks for the effort and this platform is getting better and better~ Ever thought of extending this to overseas equity market? Coz I'm investing in KLCI too.
17 Dec 2015 10:03:37
- Hi hareame,
Actually, I have recently been thinking of incorporating US markets. Yet to decided to add in within SGXcafe or have a sister website though. But once I change the codes to be more general to extend for more than one stock exchange, it will become easier to include any new stock exchanges in future.
However, it is unlikely that KLCI will be ready in the near future :(
17 Dec 2015 10:47:43
- Hi Evan. No problem. Anything extra is a bonus. Cheers!
17 Dec 2015 11:16:57
Next Article >
< Previous Article
Did You Beat the Market in 2015? ...
What to buy next? - Part 2
List All Articles
Other articles by evankoh
SGXcafe Turns 2!
The first article of SGXcafe appeared on 15 March 2015, hence I set this date to be the birthday of SGXcafe. On this day, let's review the good and bad that happened in the past year. The Good SGXcafe has grown significantly in the past year; it currently has more than half a million pageviews every month coming from 30,000 unique visitors. More importantly, it has received support from 177 users in ...
Coming Back Soon: Dividend Information and More
It 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 ...
Improved Dividend Strength Estimator
In 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. ...