Sunday, January 23, 2022

Letter to Batch 24 of the Early Retirement Masterclass

Dear Students of Batch 24,

It’s been a great honour and privilege to be able to conduct a 5-Day Early Retirement Workshop for you.

It is pretty surreal to conduct the class in the middle of a Technology stock crash in the US. The NASDAQ fell 2.72% on the previous trading day. Cryptocurrencies fell across the board as well. As fears of an interest rate rise begin to infect financial markets, the Singapore stock market is starting to look pretty tame, with banks forming a large part of the STI. 

Course-wise, I’m personally glad that the Early Retirement Masterclass would finally have a coherent set of slides on investing in cryptocurrencies that is tailor-made for conservative investors. It was also rewarding to see the strategies taught to hold up against massive losses in the price of major cryptocurrencies like ETH and BTC. I look forward to your feedback on how to improve my materials further. 

There is never a better time to participate in building a portfolio of Singapore stocks as it has always been priced reasonably. Our batch of students has witnessed a return of traditional value investing factors to guide our stock selection on this batch. We’ve also decided to cycle out our technology stock picks with two small-cap counters that are relatively safe and well-liked by local retail investors.

One point to note is that we’ve made a stock pick for a recent IPO counter that has not acquired enough data to be placed meaningfully in our report generator. Please refer to our FB community discussion to get information on this counter.

Lastly, I hope that Batch 24 will participate actively in the FB group. In March 2022, we should be meeting up for an online webinar. At the time of writing, I have yet to determine the subject matter of this discussion.

Hope to see you then!

Christopher Ng Wai Chung

No comments:

Post a Comment