How has 2020 been?

[hwarzoner]

waited for 10 years for this opportunity to buy some cheap stock,. seldom buy stock

 

[CrashWire]

2020 has taught me the importance of saving money HAHA I came across a saving plan that offers 2% returns, and I think that it is a rather value for money deal as compared to putting your money into a bank.

Any thoughts on this?
PolicyPal link here

SingLife at least gives me almost real-time account opening and updates. Why not SingLife?

 

[hwmook]

I don`t know anything about investment or stocks but I see many people making money from stocks markets. Too many people are making money from stocks liao, even my friends who recently got into it are making money. Hmm, something is amiss. Chinese got a saying, when wind comes pigs also can fly.

2020 is ending, i am more concern about 2021 and 2022 as these 2 years are the aftermath.

Stock market always rise over long term, its not difficult to make money in stock market. Those people who keep telling people stock market are risky and you will lose money in stock market are just as bad as those who tell people to buy speculative stocks. There are tons of solid companies that you can invest in for the long term.

 

[OnePunchMan]

Stock market always rise over long term, its not difficult to make money in stock market. Those people who keep telling people stock market are risky and you will lose money in stock market are just as bad as those who tell people to buy speculative stocks. There are tons of solid companies that you can invest in for the long term.

don't listen to a random guy on the internet, you will lose all your money.

 

[homer123]

As 2020 is ending soon, I start to tally my finance..
The bad part first..I sold more than $244K of my investment portfolio in 2020 and realized a loss of $52k. Another $37.5K unrealized loss still in the book because counter is suspended. All the counters that I sold are risky energy stocks and low grade reits. Decreased or suspended dividend payment resulted in 12% lower passive income received in 2020.

The good part , I received 56K dividend which covered my realized loss for 2020. I rebalanced my portfolio with 275k of purchase. Current portfolio is around 1 million and projected to generate around $61k dividend in 2021.

2020 realized and unrealized loss is 45k or 3% but after accounting for dividend received , investment portfolio is gaining 11k or 1.1%.. To sum up, this is 不幸中之大幸 ..I thought I am going to lose big in 2020 but turn out break even.

I believe most readers in this forum are probably doing well with their US portfolio. I am an old school sinkie investor who only know how to invest in the old economy like reit,energy and finance for dividend income.. Investing in growth tech stocks are beyond me.

 

[BBCWatcher]

For perspective, VWRA, the popular global stock index fund, is up 14.8% so far this year in U.S. dollar terms or a little over 12% in Singapore dollar terms. It appears you accepted substantially more portfolio risk (fewer sectors and geographies) and had much, much worse performance.

I don’t believe your claim that you don’t or cannot understand other investment vehicles, particularly a stone simple single global stock index fund. You strike me so far as a reasonably intelligent human being who clearly knows how to buy a variety of securities.

Past performance is not necessarily indicative of future results, and I’m not offering specific advice. However, when you’re lagging the aggregate stock markets so badly with an alternative stock portfolio, it ought to be for a good reason, a reason that’s fairly easy to explain. I don’t know if there is one in this case.

I cannot quite follow your math, actually. How do S$56K of dividends and S$89.5K of capital losses (realized and unrealized) equate to +1.1% performance?

 

[highsulphur]

Still have a job - checked
No one I know died from covid - checked
Investment didn't lose too much - checked

So can't complain about 2020

 

[reddevil0728]

Still have a job - checked
No one I know died from covid - checked
Investment didn't lose too much - checked

So can't complain about 2020

nobody died sounds like a very low bar. infected another matter.

also, you ok with "isolation" for large part of the year?

 

[BBCWatcher]

Still have a job - checked
No one I know died from covid - checked
Investment didn't lose too much - checked

So can't complain about 2020

As a great philosopher sang....

 

[d5dude]

As 2020 is ending soon, I start to tally my finance..
The bad part first..I sold more than $244K of my investment portfolio in 2020 and realized a loss of $52k. Another $37.5K unrealized loss still in the book because counter is suspended. All the counters that I sold are risky energy stocks and low grade reits. Decreased or suspended dividend payment resulted in 12% lower passive income received in 2020.

The good part , I received 56K dividend which covered my realized loss for 2020. I rebalanced my portfolio with 275k of purchase. Current portfolio is around 1 million and projected to generate around $61k dividend in 2021.

2020 realized and unrealized loss is 45k or 3% but after accounting for dividend received , investment portfolio is gaining 11k or 1.1%.. To sum up, this is 不幸中之大幸 ..I thought I am going to lose big in 2020 but turn out break even.

I believe most readers in this forum are probably doing well with their US portfolio. I am an old school sinkie investor who only know how to invest in the old economy like reit,energy and finance for dividend income.. Investing in growth tech stocks are beyond me.

The focus should be on earnings if you are going to be stock picking (which isnt a great idea to begin with), it shouldn't be on the amount of divs you are getting a year since divs come out of a company's earnings.

 

[homer123]

I also have unrealized gain that I did not specify clearly.. but i already said my realized and unrealized total is -$45k ..

I cannot quite follow your math, actually. How do S$56K of dividends and S$89.5K of capital losses (realized and unrealized) equate to +1.1% performance?

 

[highsulphur]

nobody died sounds like a very low bar. infected another matter.

also, you ok with "isolation" for large part of the year?

Isolation is not ideal but it could be far far worse. At least we were able to exercise and meet up with close relatives and friends without heightened risk of infection

 

[hwmook]

>40% gains on liquid assets.

Its a good 2020 for me except the fact that I had to cancel my NZ trip.

 

[Entry Level PC]

Personally, the COVID-19 pandemic has caused many disruptions and economic downfall, the year 2020 is like a rollercoaster ride for me.

Was wondering if anyone has been saving up till the next time we can travel again?

HAHAHA is there any tips on saving, feel free to share here too!

2020 is a Godsent.
Hit the Jackpot and made over 100% betting on the correct stock.
Although social life got affected and cannot outdoor and travel but cannot complaint since I made a great amount on the stock market.