Sunday, 15 March 2026

Finance Investment Movement 67

The elephant in the room just got bigger. From one conflict to another, there's hardly space to breathe especially for a small place like Singapore. We are after all, a price taker, so any tremble in the global markets becomes pronounced that filters through our entire economy. The story has only just begun. For my portfolio's February performance, it increased to 3.8% even though stocks got hit. The silver lining came in the form of cash savings and improvement in Aud where I hold a fixed deposit. Further voluntary housing refund was made due to lack of investment options. Speaking of which, I'm eyeing some exposure to gold and maybe bank stocks if they got beaten down.

I made a bad mistake, an expensive one as well. Have you heard of the fat finger? I didn't press a number but instead selected a wrong option. When the Iran war erupted, I thought to sell a little bit of ST Engg so as to raise some funds for other potential purchases. Forgetting this was from the SRS account, on the Vickers app, I clicked the usual sell button which linked to the CDP account. In fact, it was not discovered until a review of my messages on the same day which indicated the confirmed sale. Realizing this, a buy was initiated to close this trade but the market was closing and didn't go through. Feeling anxious, the next morning, I promptly entered the order again. Who knew the market would rocket much higher and before I could react, it had gone way beyond my buy price. Therefore, there was no choice but to adjust the buy in price. I thought that was it, take the loss and move on. Yet, it's not the end of the episode. An email came through and basically read like this; because the first day (T) buy order was not executed on the same day, that sell position became a naked order and would be forced close by the stock exchange on settlement date (T+2) plus penalty fees. I quickly called the Vickers trade desk and after clarification, agreed to amend the initial order to transact on SRS account while also closing the additional buy order I did on day two (T+1). In total, I made a loss of about $800, including admin fees. Just like that, a month's worth of grocery expense was gone. This was a painful experience. It important to understand how the system works before making a trade.

Dividends as of February 2026: $1111.87 (avg $555.93 per month)

Tip: Reserve De La Comtesse 2014, matured dark chocolate, pine bark, wonderful nose, to drink now

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