December 2018 Portfolio Update

“Nobody can go back and start a new beginning, but anyone can start today and make a new ending” – Maria Robinson, author 

Cold, like the performance of investments, this year. Credit to Simon Matzinger

Before I start, let me just rant a little about the abysmal performance of this year’s assets.

CRYPTOCURRENCIES

Crytocurrency has fallen from grace. No longer the poster child but an abandoned child as may types of crytocurrencies, across the board, saw their prices plunged. And because of this, everyone is staying on the sideline. 

COMMODITIES

Commodities has encountered a flip-flop years. While prices of commodities generally soared in the beginning of the year, their prices slumped towards the mid-end of the year. This is true for crude oil, in general. Gold is making a strong rally towards the end of this year due to the uncertainties in other asset classes.

EQUITIES

Equity, in general, has been hit by a series of rough patches in 2018. There was a change of government, for the very first time, since the formation of Malaysia. The USA and China are locking horns over, almost everything. And, from what I’ve gathered, many investors are in the red. And, truth be told, I am part of that unfortunate statistic.   

COUNTERCOMPOSITIONAVG PRICELAST PRICEGAIN/LOSS
3A4.82%RM1.178RM0.705(40.18%)
AIRASIA19.44%RM2.82RM2.975.17%
CIMB28.92%RM5.77RM5.71(1.08%)
DNEX-WD4.96%RM0.201RM0.07(65.25%)
EKOVEST7.30%RM1.136RM0.445(60.85%)
EVERGRN4.51%RM0.791RM0.350(55.80%)
MAHSING6.58%RM1.063RM0.915(13.83%)
MALAKOF2.88%RM0.917RM0.800(12.85%)

Cash is at about 20% of portfolio.

Regardless of the trials and tribulations, many of the companies of which stocks I own, are still making the dough. And as the market is being beaten, the share prices of many profitable companies are selling for an absolute discount. Time to be rationally irrational and seize the opportunity.

LOOKING FORWARD
  1. 3A dividend of 2 cents per share; ex-date on 12.12.2018, payment date on 27.12.2018.
  2. AIRASIA dividend of 40 cents per share; ex-date on 12.12.2018, payment date on 28.12.2018.
  3. EKOVEST dividend of 1 cent per share; ex-date on 27.12.2018, payment date on 22.01.2019.

If you enjoy reading this write-up, please share and like Bursa:Going Long on Facebook for more updates and analysis of investment-related topics.

P2P Lending: 17 months in

A lot has changed since I last updated my P2P lending endeavour (See: P2P Lending: 13 months in)

For one,  Funding Societies Malaysia has revamped the user interface of its mobile app on Android platform. The new interface gives more clarity and transparency regarding all facets of your P2P investments. And, it’s hard to deny that it looks splendid too.

At a glance, I can easily ascertain the performance of my P2P lending investment which, at the time of writing, is 11.93% per annum. This is a mild increase from the 11.84% since my last update in August 2018.

From the above screenshot (on the left), the dashboard of my account now clearly states “Total Income” which constitutes interest, late interest and bonus due to referrals.

From there, it is easy to determine that I’ve profited a total of RM440.48 of interest (inclusive of late interest). By comparing that to the interest received (including late interest), in August 2018, in the amount of RM271.81 (See:  P2P Lending: 13 months in), my returns increased by RM168.67 or a whopping 62%. This is achieved by consistently reinvesting all of the interest which I have earned since the onset of my investment in P2P lending through Funding Societies Malaysia. This exponential increase, to me, is a sound indication of the workings of compound interest.

In selecting a loan/note in which to invest, I either self-pick or use autobot. Autobot is a feature by Funding Societies Malaysia wherein you set your investment perimeters and your funds will be automatically invested in any loan/note that matches your perimeters. It is very helpful feature where time is constraint. On the other hand, when self-picking, I usually review the fact sheet of each loan/note and apply a number of considerations to ascertain whether the loan/note under consideration is viable for investment. See: P2P Financing Tips

And if you can’t already tell from the eye-catching information, which can be easily noticed from the left screenshot of the dashboard above, there are no defaults on my principal.

Spurred by much success from P2P Lending, through Funding Societies Malaysia, I did not hesitate to deposit additional RM2,000.00 into my account on 1 December 2018. As it stands, I’ve deposited a total of RM5,000.00 and intend to invest more, next year.

Until then, happy investing! Merry Christmas and a happy new year!

REFERRAL PROGRAM

If you are new to P2P lending, or would like to add some diversity to your investment portfolio to include P2P lending, you’d be delighted to know that Funding Societies Malaysia has a referral program where they will top up an additional RM50.00, FOR FREE, into your account, once you have deposited and invested a minimum of RM1,000.00.

To participate in this promotion, please register an account via this LINK (be careful not refresh the link before completing the registration as it will affect the promotion code), or alternatively, use the promotion code: j1mzpcw5 when registering through Funding Societies Malaysia.

 HELPFUL LINKS

Click the link if you would like to know more about investing in P2P lending with Funding Societies Malaysia.

If you enjoy reading this write-up, please share and like Bursa:Going Long on Facebook for more updates and analysis of investment-related topics.

If you are keen on reading all things P2P lending, click on this LINK.