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STI Opened at 308X

Today was like a roller coaster ride, opened high and then closed low at 3070.23, not that low though, at least it's still 8.45 points higher than yesterday's 3061.78, so what will happen tomorrow? Let me guess, so far the tapering issue has been finalized, the Federal Reserve have already announced the cut back by $10 billion in January 2014, markets are very fragile, they tremble at the sign of any uncertainty, the announcement should give some needed assurance to investors, furthermore, interest rate would also remain the same, so the impact to the markets is minimized, but ultimately, it's still up to investors to decide whether they should invest in Singapore stocks, can only wait and see.

My Aircon is Not Noisy Anymore!

So yesterday I did some cleaning of my own, and it worked damn well! To my surprise the noise is gone, no more stupid clicking noise in the middle of the night, I really had a peaceful night of rest, damn shiok, woke up this morning feeling refreshed like never before, almost don't feel like leaving my bed, I also felt that the air is cooler than before. Now that I think of it, the noise could have come from poorly positioned fancoil unit, I really don't think the cleaning did the job, more like the adjustment and making sure everything is set tightly in place, I think that helped to minimize the vibration significantly and hence removing the noise completely, I don't know, that probably also helped to make it cooler, I guess?

Now I Know How to Clean My Aircon

These few days the fancoil unit in my room was very noisy at night, there was a clicking sound and it was very obvious in the middle of the night, today I was so fed up that I unscrewed and opened up the damn thing, found that it's not that difficult to open, just 2 screws and pull out the casing from the top. It was damn dirty, especially the bladed part, so much dust was and is still stuck in there, there's no way tissue or vacuum cleaner is going to do the job, unless it is a powerful vacuum cleaner, those strong enough to even suck in water, I can only try to wipe off and vacuum as much as possible, and finally, I still remember how to put it all back, now I have switched it on, I hope whatever that I did will get rid of the noise. Anyway, for those of you wondering what those aircon cleaning guys do, for normal cleaning, what they do is bring along a vacuum cleaner and vacuum off the dust, that's it, I paid $80 to clean two units, and they didn't do a good job,

Bought Some Stocks Today

Today I managed to convince myself that STI is now at its lowest period, and it's time to stock up on some cheap bargains, it's like buying Christmas presents for myself ;) But of course I didn't just convince myself without reading up, the US Federal Reserve will either continue their bond-buying program or reduce a bit, what I read is from $85 billion a month to $75 billion a month, $10 billion difference, actually it's just a fraction of their GDP, their GDP growth far exceeded $10 billion a month, I don't think it will have a huge impact, they can't keep printing money forever, they got to at least slow down their pace since their economy is improving, this tapering will come sooner or later, might as well come bit by bit, that's why they called it "tapering", it's meant to be gentle to everyone. If you are wondering about the meeting, it starts tomorrow, can refer here , and it lasts until 18 Dec . Anyway, I bought 2 more lots of She

Venture (V03) Closed at $7.75

As mentioned in earlier post on 06 Dec , when it drops to $7.50, it always have the tendency to go up again, I have seen this pattern a few times in recent months, today it actually closed at $7.75, unfortunately my cash was limited and Venture is one expensive counter so I didn't buy it, almost $200 easy money, that's why investing is also about having a deeper pocket, more cash means more bullets to expend, small-timers like me can only suck it up. The other good thing about Venture is they pay a good amount of dividend, even at $7.75, the last payout also yielded 6.451%, better than the likes of SingTel and Starhub, but of course don't buy just for the dividend, buy if you believe in their business.

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