To The Moon

When it comes to investment process ups and downs and difficulties, Soyabean89 can always apply optimism and humor. He believes that laughter can ease everyone's emotional burdens.

Tiger friends,do you agree with him?

@Soyabean89

Hi, I'm a 33 Years old Singaporean average talentless joe who aim to build a passive income without the needs of youtube and sidehustle due to work commitments.Work as a Research & Development (RND) in a singapore based beverage manufacturer. Thus, i have exposure to food & beverage industry latest developments.Username in tiger: Soyabean89. Story of this user is that soyabean rhymes with my full name. 89 stands for my birth year 1989

Q：Can you share with us your investment story

My first investment was back in 2010,when I first enlisted as conscript. Back then alot of "financial advisors" would cluster places where recuits gathers. Being hardsold and bought some ILP. Back then i have 0 investment background nor political awareness as an average 21yo fresh polytechnic graduate transiting to military lifestyle.

I signed and stay on that ILP despite many of my peers mocked me as a fool to buy ILP with balanced portfolio. I felt its a waste if i gave up half way and pay the institutional hefty fee so i rather hold till end of 10yr term and pay the monthly sgd100 deposit with my saving and allowance . (fast forward 10yrs i cant redeemed it as the unit trust price tanked during covid n 2022 bear market.. Talk about luck)

I first started real investment that within my control was back in August 2019. Where i stumble across OCBC (oversea chinese bank corp) Blue Chip Investment Plan (BCIP);where it allows me to buy selective SGX counter and funds with minimum sum of sgd100. I started to invest small amount of my monthly salary to buy DBS ( Development Bank of Singapore) as its the largest bank and layman of too big to fail. Thus, go for the biggest bank available. I didnt choose nikko am Strait time index, as many people urged for newbie to start with. Because 50% of ST index made up of the 3 big banks of Singapore anyway.

Slowly i came across the concept of reits from friends and read up about it. I laid my eye on capitalmall (now branded as Capitaland Integrated Commerce Trust (CICT)which is offered in BCIP) after the announcement of JEWEL completion. But i was hesitant so i stores my plan.

2020 came and was my first ever economy and healthcare crisis as working adult. My DBS tanked hard during march and April period that i fall into unrealised loss despite first set of dividend credited back in Dec 2019..(talk about bitterness) but i didnt stumble. In fact i rushed to my ocbc app and double down my investment sum of to DBS and start investment with capitalmall. ( my first ever time the market). Soon after, I heard that vicker DBS allow CDP investment of SGX and start buying craze of Singapore REITs and companies. Somewere hit wonders like AEM (AWX. SI), some I learnt hard lesson of never chase unsustainable dividend yields.

Got into crypto and crypto mining with my friend in early 2021

Not long after, my friends introduce me to tiger and MM. Which open opportunities of buying into US, HK, Aussie and CN stocks. I signed up and explore

I initially very hesitant to invest in US Stock as newbie as US market are 12 to 13 hours behind SG timing. Making it hard to react. However, I saw golden gems such as PepsiCo (my most favourite) and AMD ( my first US Stock purchase) that made me plunge into the US stock after days of thoughts. I made huge unrealised gain for the tech stock I vested. Made me over confidences until December correction came. Its also during that year I realise the importance of understanding countries policy and political standing ( e.g china crackdown back in july 2021; 0 policy impact on logistic and what it meant for macro picture )

Fast forward in 2022, made some friends in Tiger namely, my first tiger friend @Venus_M , who encouraged me in one of my angsty post in tiger. She made me change my attitude of griefs during the bear marker; which result my usd 6000Plus unrealised gain i accumulated over the months got wipes and fall into unrealised gain. (I finally realised the idiom" everyone is a genius during bull market" true meaning )

Right now, I would turn most of my post to dark humor meme to hope smiles and laughter would ease everyone minds during painful periods. I take pride in my memes and slowly develop some analyst post from bloggers or financial report and incorporated into meme for easy information digest n convey my thoughts

Q：What are your investment preferences?

In the past i would say go very long term (AKA blue chips and dividend kings).

However, since late 2021, after starting to watch news and youtubes coverage on global event, i start to realise we could leverage on macroeconomic events to make short term trade. My first short term trade with small but exciting realised profit was trade geo thermal energy (RE4.SI), a Singapore based coal operation company that mining and export coal in Indonesia, vietnam and export mainly to China. I took advantage of the coal shortage, cold winter of oct 2021. Sold them right before end of Beijing Olympic. as i assumed back then Russian won't invade Ukraine and the cold seasons are ending soon. Days later war happened. But nevertheless i made first profit based on macro event.

Next, i used my exposure in food and beverage knowledge and market trend of beverage to look for opportunities. I vested in celcius holding ( energy drink maker CELH, not the crypto scamming platform) and vitacoco drink. Made some realises profits despite need to hold longer than expected and its a fruitful experiences.

After russian invasion, i think twice of the macro event shift: inflation, higher commodities pricing made people void plant based based on cost instead of taste in certain marker segment.

Govement shift in ESG view (restarting of coal powerplant and reissue permit of mining of new coal mines. Things changes more faster than what met the eyes. Even thought im not verse in technical analysis other than basic support level and RSI expectation. Looking at macro event would help one predict what will happened over the course of months ahead.

I would still do regular investment into sgx blue chips & reits as committed to my first cause of starting investment journey, passive income for talentless joe.

Q：Your article caught my attention, Are you interested in discussing your current stock holdings?

Glad my humour post gain attentions, especially my fellow tiger friends, such as SR050321, HelenJanet, Venus_M, mHh, Rookie22, Snoopymint, Fenger1188

I love discussion and sometime showoff my portfolio ( especially pepsi if you see my record, cause dorito is life).

In the past its justbplain share profit or loss of the day. Slowly as i progress, i will put some highlights of earning report ( not ratios.. Those number meant nothing to me what is p/e 2 vs p/e 1000 like tesla? Will people still avoid tesla? ) like how much % changes to revenue and what result in it. Their forecast for next quarter.

I would input my thought based on macro event or trend i observed and see if its worth for people to look at the counters at the front of my article (TLDR :Too Long Didnt Read) for a short eye catch of my attitudes and Of course with dash of meme.

Q：Can you tell us your most unforgettable investing story？

Aside to the great bear market we witness from December 2021 till now, where I witnessed my unrealised gain of usd 6k to unrealised loss of mid 3 digits.

My unforgettable investment was chasing the hype of plant based. I suffered 80% unrealised loss till date despite i was bullish on plant based back in 2021.

I felt sleeplessness and recklessness back in early part of the 2022. My confidence drop drastically and i became angsty.

Another small story but i hope to feature here is to learnt never blindly chase high % dividend yields, particularly on reits. I got burnt from investing first reits (AW9U.SI) using macro view ( its a healthcare reits during early stages of covid back then ) i assumed healthcare will earn alot during covid lockdown due to lack of health care facilities around the region. Boy was I wrong. I didnt notice the lack of diversity of tenant and geographical aspect of AW9U.SI. End up main tenant (which is also their sponser affiliated) demand renewal of rental term or default payment back in may 2021. My portion tanked 80% over the news.till date I yet to recover (-50%)despite collected 2x $10 ntuc voucher for the agm voting and dividends of past quarters$FIRST REAL ESTATE INV TRUST(AW9U.SI)$

Q：Do you have any new insights on recent market fluctuations?

Im based on macro events and observe the market trend:

Upcoming winter i reckon to see a more dire energy crisis more sever than 2021 due to ongoing sanction on world 5th largest crude producer and Iran. Im all eye on how EU would handle Iran nuclear topics in exchanges for their energy commodities

Im all eye on upcoming November, china 20th Congress party outcome before decide if I should cut loss of my HST.SI (lion ocbc hangseng tech) or double down while it's lower than my average price$LION-OCBC HSTECH ETF S$(HST.SI)$

Functional food and beverage are still in trend and more potential than plant based hype. Protein, fibre and energy are the new kids in the block.

Q：How do you do stock investment research in your everyday life? Do you have any research methods for newcomers?

As mentioned, im based on macro event to invest in short term and look at companies key pointers from their AGM or earning release to understand their management future goal if its align to future (e.g ford shift to EV after change ceo, we all know EV and hydrogen is the next thing and ICE will be dinosaur relic by 2040)

I would recommend look at various news articles n broadcast and compare if its valid view (especially sensitive political). Famous Youtube channels such as Graham Stephen, wallstreet millennium, economic explains, company man) as cross reference or insights of local market as outsiders

I would also refer to news post from motely fools, seeking alpha on related to counters of interest

Q：Who is your most impressive tiger friend? Why?

I would like to bestow my thanks to my 老板娘 and my first tiger friend, @Venus_M .

She was the first person to humor me in my angsty post and changed my perception of handling losses

Q：Besides investing, how would you describe your day-to-day life? What is it like when you are not investing?

Hikings and gamings. Slow and chill

Q：What would you like to say to Tiger friends in our community?

Hope to see more memes and TLDR digested view of fellow tigers in their post. ( joking)

I love the community in tiger that are supportive with one another and shares insights from all walks of life. Come together and laugh on the funky friday events. Love all of yall!

Q：Which is one of the most famous sayings in the investment field that you are most familiar with?

"time in market beats timing the market"

Q：What other investment content are you looking forward to sharing？

I might try time stamp post of my holding (e.g 1 year, 1.5 year, 2 years etc) of my long term holding to inspire newbies who worship value/ long term investment. Or learnt from my mistakes

Again, thank you @Soyabean89 for sharing!

Please feel free to drop a comment if you would like to know more about him or exchange ideas with him in the future!

It would be great to hear about your investment experience if you would like to share your story with us. Please leave a message and we will reach out to you shortly.

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