Athena Trader

Air-con city ice-cream boy (ACCICB) was the one who inspired me to set up this blog as he's constantly asking me about stocks. Which is strange since he has been investing since like more than a decade ago and I had only bought my 1st stock 1 year ago.  Obviously, he was not keen to hear that I'll be sharing my thoughts on a blog and tried to dissuade me by showing me what other bloggers have done on such topics. I told him that I am not going to be writing the way analysts/bloggers do, by breaking down into the financials, the ratios, fair value, PE etc. If people are interested in the financials, there are tons of free analysts reports on the stocks I cover anyway. I am going to do it in Googirl style which is simple, easy to understand and relate and backed by research and common sense.  Of course he was going on about me whiling away my time watching romantic Korean dramas and not putting my intelligence to good use. I think he wants me to provide him with research ...

I was so preoccupied with playing TradeHero yesterday. It's so much fun buying stocks using fake money. I bought a couple of stocks that I don't currently own in my portfolio. Some which I probably won't be able to afford anyway or shouldn't buy as I won't be able to deal with the foreign exchange differences. I'm currently down 0.81% which is totally expected since I can't read charts and probably didn't get the entry point right. I would share about my portfolio picks later on in another post. Source: CCT website Previously, I mentioned that I was barred from buying CCT due to my job but I was eyeing it since October 2013. Simply because their new office building CapitaGreen was built right opposite my office which translates to more revenue for them and would more than likely push up the stock price. It means a lot of visibility to me as I get affected by the dust and noise. It also piques my interest in this building and that's how I get...

October 2013 Source: MCT website I remembered the day I bought my first stock - Mapletree Commercial Trust ("MCT").  I was having a hard time at work and decided that I need a way out of this never ending nonsense. I walked out of my office and within minutes set up an account at SGX and then at OCBC. When I was back at my seat, I went to SGX and looked at the different sectors. I decided that since I'm new at this, I should pick an easy sector with a short list. That was how I ended with REITS. I figured that REITS would suit me to a T as I know a bit about the industrial and commercial property market in general due to my previous job as a corporate banker. As for retail, I've heard and read the news on how rents are going through the roof. The rest of the day I was looking at each REIT carefully, doing my research, checking out the charts (which I still have no idea how it works) and concluded that only 3 REITS deserved my attention. They were CapitaM...