I am finally back to blogging! (online at least).  I’ve been keeping an offline blog, but they are more topic-centered. Like how i used to use this blog as a poker blog. Actually the reason i haven’t blogged here is because I have stopped playing poker, aside from the occasional facebook poker games. So i decided, that i should keep my investing diary offline. But certain things are not bloggable in the investing diary, and i often go into philosophy and psychology in my posts, so i thought i might as well come back to this blog, where i can discuss everything and have them put into the different categories. Also I have the feeling that if i write them here, they “won’t be lost forever”.

Here I will sum up all that has happened in the last 4 months (to make up for lost time) ( i may have forgotten some but these should be the main ones):

15th of July, I missed my flight

This was the first time ever i missed a flight. And it was due to an unexpected jam on the airport toll. We could have anticipated the jam, as it was at 5pm, but i don’t think we could have anticipated the severity of the jam. It was terrible… 6 lanes of jammed cars, on the only highway that leads to the airport! I can’t imagine how many people missed their flights too due to this.

Run like God in a live cash game

Might sounds like a blasphemous statement but the session itself, how good i ran, it really felt like God or a force was playing through me. Everything just went so well. I told W that I’ll never run this good again in my lifetime lol. How do you get up 8 buy-ins in a 3 hour cash game? Was dealt a fair lot of premium hands (AA twice KK JJ TT) but mostly importantly, every time i played for a big pot, i get lucky. Whether with premium hands like AA or speculative like 35s, i seem to hit the board hard, but more importantly someone else also hit the board, but only for the 2nd best hand. For example, I flopped flush on the turn over this guy’s set of aces on the flop, the two times I got aces I manage to get it in pre-flop and hold, then things like flopping straight over two pair, flopping two pair against a high pocket pair. Very unreal, and was definitely a great feeling. Although it seems like a lot in Indonesian money, I only won SGD$200. But it could last me a month or two here. Before the session i was focusing my mind on relaxing, and not thinking of anything at all, i think this state really helped a lot. I tried to maintain it throughout the session.

Finally investing the money

Father gave me some capital to trade, which is quite a huge sum to me, but i was too scared to put the money to use as i think i haven’t learned enough to invest properly yet. Then after some pressure from my dad, i finally picked a day when the market was red, and put 50% of my portfolio into 4 stocks – TLKM BBRI UNTR and BBKP. I believe these companies are safe yet might produce more than medium returns. I used two indicators, first Earnings growth, and second strong analyst recommendations. These stocks produce solid growth in earnings and are recovering well from the crisis. Their P/E are low 13-15. So this combined made the  ’margin of safety’ i was looking for if i was to enter into stocks. Although this was in no way a detailed analysis, at least i felt i did a good job in minimizing risk. I just didn’t want to lose any money, that is the number one key.

Thanks to my ‘guts’ the market rallied from that day onwards, BBRI and UNTR has seen 10-15% increases, reaching the initial price targets i set on them (which i never expected will come so quick). The less volatile stocks like TLKM and BBKP has seen a fair share of increases from 3-8%. I have seen taken profit on UNTR for 15% (it’s since moved higher….). BBRI i should have taken profit at 15% too but i didn’t because i thought BBRI has a little more to go. But i was wrong.. it’s gone down 10% from then, and my paper profits for BBRI today is only 6%, TLKM 3% and BBKP 1%. I’m thinking of putting another 1/3 of the money into the market again today, seeing 2 days of big drops upon no real news. We’ll see how.

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That’s the end of the summary. I’m constantly distracted throughout this blog post but hope i didn’t write too bad. More frequent blogs posts (mostly about investing) from today onwards.