To The Moon

My 2021 Annual Review is a Tale of 2 Cities - Emerald City and Ruby City.  The Emerald City is a beautiful rich city filled with big green trees, gorgeous flowers and plants.  The Ruby City is a work in progress, the trees are just saplings and there are not much flowers and plants yet.

2021 is like a whirlwind. It is twisting, topsy turvy but in a blink of an eye, it will be gone soon. 2021 is the year I really started my investing journey.  Previously I was only dabbling in unit trusts and mutual funds.  But with the pandemic and interest rates at all time low, it is a great opportunity to create a portfolio that is resilient and provide a passive income for FIRE - Financial Independence Retire Early!

In Emerald City my star performers are Propnex up 116%, The Hour Glass up 52%, IFast up 48%, HR Net up 49%.  The other star performers are DBS up 28%, Frencken up 38%, Kimly up 34%, Parkway Life Reit up 30%, Raffles Medical up 25% and Starhill Reit up 21%.

In Ruby City my losers are DiDi down 70%, Top Gloves down 60%, OCBC Hang Seng Tech ETF down 39% and Nanofilm down 18%.  I did a conviction check on these stocks and decided they are still worth holding on.

I am also building a new city called Sapphire City.  It is still a work in progress with only sapling trees.  I am hoping to grow these trees so that they can provide a wonderful shade in my golden years.  In Sapphire City, I am nurturing my ETFs.  Currently my star performers are $SPDR Russell 3000 ETF(SPTM)$ up 10%, $SPDR S&P 500 Growth ETF(SPYG)$ up 10% and $SPDR Portfolio S&P 500 ETF(SPLG)$ up 8%.  I intend to dollar cost average into these ETFs over time.

Overall I am happy with my progress in 2021 as I have more greens in the 3 cities. Fortunately my losers are just paper ones as I have not sold the stocks. 

My plan in 2022 is to stay invested and dollar cost average into my ETF portfolio. 

The key lessons that I have learnt in 2021 are:

1. To  diversify my portfolio into different classes of assets - stocks, bonds, cryptocurrencies, gold to minimise risk

2. To be patient as it takes time to allow the magic of compounding to happen 

3. To cut loss if the fundamentals of the stock have changed

4. To hold on to quality stocks and ETFs long term. 

Investing is a marathon and certainly not a sprint.  I look forward to 2022 with optimism and hope as the Best is Yet To Be. 

Most important to me is that I am not alone in my investing journey as I am surrounded by a wonderful community of Tiger Friends.  We not only share our success and triumphs, but our bummers and bloopers too.

Here's wishing all my Tiger Friends and the hardworking staff at Tiger Brokers The Happiest and The Most Prosperous New Year. 

@TigerEvents 2021 Annual Review 

@TigerStars