Febuary Net Worth - Cross 250K Mark

  

Ever Since Trump won the Election, world markets have been on drugs. The rally does not seem to stop. Our STI is closing on 3,100 level, DOW, Nasdaq and the S&P have been hitting record high every other day. How long will this continue no one will know. I am kind of jittery now with how much markets have done their run up

I believe all good things will come to an end. I have not been adding additional companies to my holdings except for Under Armor which I have state my case in my previous post.

Looking to sell some of my holdings in fact as they have benefit from this bull run. I find valuation to be probably just about right or trading at a slight premium to what they are actually worth. I am very cautions in this extremely happy market. The sad thing about this run up is that my War Chest is starting to grow. Do not really like cash sitting around not working.

Have shorted some futures contract to hedge my exposure as well. Should market snap I will be able to use the gain to add on to additional position should market starts to catch a cold and do a pullback .

Achievement

My networth has finally cross the 250K mark (Sitting on around 90K Cash). Did not expect this to happen at the start of the year. Its not a convincing cross though as its mostly capital gains from the recent run up, but still a positive for me as I crawl closer to my goal of hitting 1 million by the time I am 40.

Networth

The chart below shows my personal Networth growth ever since I started investing. The power of compounding is really true

Feb Holdings

No.	Counter	No. of Shares	Market Price	Total Value based on Market Price (Base Currency)	Total Value based on Market Price (SGD)	Allocation(%)
1	Riverstone Holdings Ltd	22,000	0.88	19,360	19,360	11.90%
2	Food Empire	25,000	0.62	15,500	15,500	9.53%
3	Low Keng Huat	10,000	0.60	5,950	5,950	3.66%
4	Bank of China	38,000	3.68	139,840	24,533	15.08%
5	PICO	108,000	2.61	281,880	49,453	30.40%
6	Chow Tai Fook	12,000	6.78	81,360	14,274	8.77%
7	Prada	500	31.55	15,775	2,768	1.70%
8	Sa Sa	21,000	3.26	68,460	12,011	7.38%
9	Belle Int	8,000	5.15	41,200	7,228	4.44%
10	Alibaba	80	103.57	8,286	11,600	7.13%
				Total(SGD)	162,676	100.00%

Almost all my holdings has an improvement in price movement hence my portfolio has gain substantially in Jan.

Pico Far East (0752:HK) remains my largest holdings. They have recently released their FY16 result and I am optimistic on their business execution for the next 12 months. Dividends has also increased this year which is a slight bonus for me. I am not contemplating on selling a small portion of my holdings in Pico.

There is going to be a string of earnings result in Feb and March. Except for Pico and Alibaba, all my companies have yet to release their result. I am cautiously optimistic on all of them.

The only stock I can still accumulate is Alibaba. Had a blowout result but the price did not appreciate that much. Waiting for March bonus before making a decision.