Get fantastic dividend yield and AK is like Jay Chou.

Recently, AK was like Xiaxue and, now, AK is like Jay Chou. 

Alamak. So confusing. 

How like that?

Reader:
Hello AK! Looks like things have been good for you recently (as always). 

Unfortunately I couldn’t get a ticket to your evening session. 

Its like Jay Chou concert! 

I do appreciate your jokes among your stock market insights.

Anyway, remember many were surprised you are >80% invested now? 

Well as I reckon many of your stocks were bought at a real bargain in 2008/09 with fantastic dividend yield on cost now.




Basically, I think it’s irrelevant to ask on your holdings now. 

However, if you are willing to share, may I ask what were your %age of stock holdings (vs cash) back in 2007, when stocks were at a all time high? 

Did you somehow Eat Bread With Ink Slowly too? 

Did you think that the market was over-valued and you were expecting a crash? 

Did you prepare yourself for the crash? 





When the bad news kept coming in 2008, how were you reacting? 

I know you kept buying but didn’t you have the slightest fear? 

How did you strategise your entries?




I do appreciate eating bread with ink slowly and I have equipped myself with some value investing knowledge. 

I have also accumulated some stocks that are doing pretty well while making sure I have a good warchest. 

But should we be extra cautious since we are approaching the 10th year after the last stock crash? What’re your views?

AK:
I always eat bread with ink slowly.
(See related post #3 at the end of this blog)

Unless valuations are super cheap, I always have a war chest ready.

I emptied my war chest during the GFC. 

I bought stocks of businesses which would generate good income for me. 




Investing for income, I wasn't concerned with prices going up or down. 

I knew I was getting a bargain.

I didn't borrow money to invest with. 

It was all my own money. 

I didn't have to worry.




A stock which I bought back then which I no longer talk about was Hyflux Water Trust, for example. 

Debt free, at the price I got in, it was generating 17% yield, if I remember correctly.

I don't have all the answers to your questions because I only remember what I feel are important.

Remember that eating bread with ink slowly is a philosophy. 

How we make it work for us, if we want to make it work for us, will depend on the individual.




Related posts:
1. Hyflux Water Trust.
2. Beating our fears as investors.
3. Peace of mind as an investor.