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Retirement, YouTube channel and quick update.

Tuesday, April 26, 2022

I have been watching lots of videos on YouTube lately and learning new stuff.

I have also been watching more Chinese drama and anime lately.

My goodness, the Chinese have some high quality stuff!

All this happened while I was researching Chinese tech stocks before deciding to get some exposure.

Had to sacrifice some gaming time, unfortunately.

Genshin Impact is so good and it is Chinese too!

Now, I only log in to do my dailies, run a few domains and take part in events.

I still log in to Neverwinter daily to collect my rewards and run some dailies.

All in all, gaming takes about 2 hours per day max.

I have said before that I cannot imagine being bored in retirement and that is still true.

There is just so much for me to do.





Anyway, yesterday, I took a look at my own YouTube channel.

AK has a YouTube channel?

Yes, indeed, long time readers might remember my YouTube channel which I started more than 11 years ago in October 2010.

Surprised?

I have forgotten how long ago it was and I was surprised when I looked at the date of my first video.

I started blogging in 2009 on Christmas Eve out of curiosity and boredom. 

Blogging has been an amazing outlet for me to talk to myself.

No regrets.

I started my YouTube channel for mostly the same reasons.

Feeling nostalgic as I watched my own YouTube videos, I thought I would do a quick blog to share the old antique with anyone who might be feeling bored and curious like I was when I started the channel.

So, here is AK's YouTube channel






Maybe, I should revive the channel and post some new videos.

Just maybe.

After posting some videos which I took while vacationing, the channel went dormant for many years. 


10 years later, I posted videos of some of my adventures in Neverwinter.

So, no clear direction for the channel.

I just did whatever I felt like doing at the time.

Anyway, I am really glad I made those videos of my adventures in Neverwinter because Sharandar has been removed and replaced with New Sharandar.

I rather liked the old Sharandar.

Oh, well.

I haven't spent a single cent on Neverwinter (just like how I haven't spent a single cent on Genshin Impact.)

Shan't complain (too much.)





Now, since I am blogging, quick update on what I did in the stock market recently.

I added some SBS Transit and increased my investment in ComfortDelgro.

Why?

Simply put, EPS should improve as we learn to live with COVID-19 and, then, DPS should improve too.

I will blog more about this probably when I share my 2Q 2022 results.

Akan datang. ;)

Related post:
Thoughts on preparing for early retirement.

Recently published:
Buying more Chinese tech stocks today.




Buying more Chinese Tech stocks today.

Friday, April 22, 2022

I published a blog a few days ago on Lion-OCBC Securities Hang Seng Tech ETF and how I was using it to gain exposure to Alibaba, Tencent and some other Chinese tech companies.

I said that I was taking it slow with the ETF and that my initial investment wasn't even 0.5% of my portfolio in market value.

Why take it slow?

Although there were some signs that the dust could be settling, technically, the downtrend was clearly still intact and low could go lower.




Buying the dips in an uptrend would be buying as Mr. Market climbs a wall of worries but in a downtrend, Mr. Market flows down a river of hope.

Getting our hopes up in a downtrend could set us up for disappointment.

Also, most of the time when I went wandering out of my circle of competence in the past, I ended up hurting myself and pretty badly sometimes too.

Although I researched the ETF and some of the Chinese tech companies it was tracking before I made the decision to put some money on the table, I was very sure I only scratched the surface.




Anyway, consistent with my plan to limit exposure to 1% of my portfolio for a start, I nibbled at the ETF earlier today at a price 10% lower than my initial investment.

With this purchase, my total exposure to the ETF stands at around 0.5% of my portfolio now.

What do I plan to do next?

I will be waiting to see if the low of 15 March would be tested in the coming weeks.

If the low should be tested, I would most likely double my investment to increase total exposure to around 1% but I might add more if I should see a positive divergence.

I would look at the momentum oscillators like the MACD and RSI to do this. 




Positive divergence means higher lows in the momentum oscillators as price retests the low or forms a lower low.

A positive divergence would give me the signal to add more to my investment. 

It would suggest that the selling pressure could be easing and that the price could see a more sustained recovery.

Still, I would take it slow because we could also see lower lows in price and higher lows in the momentum oscillators for many months to come.

In the absence of a positive divergence, I would err on the side of caution and not add too much to my investment.




Been a while since I did some technical analysis.

Hope I am not too rusty. ;p

Related post:
Investing in Alibaba and Tencent now.

Source: CNA, 22 April 22.

"China's central bank chief pledged on Friday (Apr 22) to keep policy accommodative to support the slowing economy..."





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