I Closed All My Remaining LEAPS CALL Positions At A Total Loss of SGD415K (USD306K)

I finally did it! I closed all my LEAPS CALL positions over 2 days on 13th and 15th Dec 2022 at a total loss of SGD333.8K (USD245.6K). There were contracts that I could not close because there were no more buyers, such as those expiring on Jan 23, as the current value is already $0. … Continue reading I Closed All My Remaining LEAPS CALL Positions At A Total Loss of SGD415K (USD306K)

I Cut $135,715 Worth Of Losses In The Last 1.5 Months

Today (9 Dec), I sold another 3 of my legacy stocks (Sembcorp Marine, Marco Polo Marine, Yongnam) at a loss of $40,141. That brought the total loss from selling my legacy stocks to $135,715. The below is a summary of all the failed investments that I have made in the early year of my investing … Continue reading I Cut $135,715 Worth Of Losses In The Last 1.5 Months

How I Deal With 16% (Smallest) Loss Of My Legacy Stock + Sharing Beginner’s Mistakes

For the first 8 years of my investing journey, I seek refuge in the safe haven of the Straits Times Index (STI), thinking that it is absolutely safe to buy Singapore stocks as they are not as volatile as the US stocks. However, while some stocks may have the backing of the Singapore government, the … Continue reading How I Deal With 16% (Smallest) Loss Of My Legacy Stock + Sharing Beginner’s Mistakes