Saturday, November 26, 2016

Interview With STE from STE's Stock Investing Journey

Time flies! In less than one month, we will be celebrating Christmas then year end count down before saying sayonara to 2016 and welcoming a brand new 2017. Just like previous year and the years before, there are ups and downs in our life, some hits and misses, but overall as long as we keep going and constantly better ourselves, we are in the right direction. Oh, most important thing is to keep going and keep smiling

Today, I am proud to present to you one of the very established pioneer retail investors who have made it to ROME and enjoying the fruits now i.e. Financial Independence. I've personally met him a couple of times and learnt quite a fair bit from his sharing. He is non other than STE (no, not the ST Engineering :-)), it's his moniker in the online retail investors community. He has his own blog (STE's Stock Investing Journey) with regular sharing of his portfolio as well as his investing insights/philosophy. Do check it out often as I am sure you will learn something from his blog, like I always do. 

Now, let's zoom into STE's 18 years investing journey right away....

Q1 : Can you give us a brief introduction about yourself?
A1 : I am a father of two and left the corporate world in 2014 , currently depending on my dividend income to survive . After leaving the corporate world , I could spend more time with family and doing more exercise regularly and blog occasionally.

Q2 : Are you a full time or part-time investor at the moment?
A2 : I am not a full time or part time investor but a “serious investor “ who closely monitor my portfolio and doing asset (portfolio ) re-allocation ( re-balancing ) from time to time . I guess full time or part time is more appropriate for “trader “.

Q3 : When (at what age) did you start investing in shares and who has influenced you the most?
A3 : I started to have interest in investing since I was in secondary school and reading articles from my “mentor “ – “ 冷眼“ an editor at 南洋商报 in 1980s. His article were full of wisdom and I still keeping two of his books as kind of investing “ bible “.

Q4 : Do you view yourself as long-term (holding shares in years), short-term investor (holding shares in days/months) or mixture?
A4 : I don’t define share in term of holding period , it all depend on the fundamental and underlying business of that particular share , if it is a good fundamental stock and generate a steady income/cash flow , I would hold it for very long period of time , but if the fundamental has changed , I will not hesitate to dispose it as soon as I could .

My portfolio very much skewed towards income stocks (like REITs/ Biz Trust / Telco / Banks ) and some Conglomerate ( like Keppel Corp/ SCI / ST Eng ) , plus some speculative stocks.

Q5 : What is your basis of selecting the shares to invest (e.g. basing on fundamental analysis, technical analysis or other methods/sources [share a little bit more details if it is the latter])?
A5 : There is myriad of methods in stocks selection and valuing a shares . 

Please click Here : for more detail on my investing strategies .

Q6 : What is your targeted and achieved annual rate of returns (%) so far?
A6 : I don’t set any target for stocks returns as it vary from year to year, we should take a very long term view in measuring our returns . So far , my portfolio’s CAGR is about 10.8 % for the past 18 years of investing.

We should not set a very high or not realistic target (such as 20% of return ,year in year out ) for our investment , We should be happy if our portfolio could achieve “ Alpha “ in the long run . (which is above 8-9 % of long term market return : aka Beta).

Q7 : What is your most recommended online investing resource (site or blog) to share with our readers?
A7 : I don’t think one should spend more than thousand in any investing course just to learn how to “trade” , read more books on investment and there is also many good blogs which could be a good start . Please refer to “ My Book and Blog List “ for more detail .

Q8 : Besides shares, what other investment are you involved in (e.g. Real Estates, Bonds or REITs etc)?
A8 : I only invest in share (including REIT ) and some corporate bond … Real estate is just not my cup of tea ,,, but I know many “ millionaire “ being created by “ flipping “ the properties .

Q9 : What is your current Shares Investment portfolio size (in range, no need specific)?
A9 : My dividend is enough for me to cover all my household expenses and allow me to save some as well …. I have just updated my quarterly dividend income in my blog (Click Here ).

Rome wasn’t built in a day , it took us ( Mr & Mrs STE) 18 years to have such dividend income , if you are not born with silver spoon , work hard and develop your career to increase your active income ( even with additional part time jobs ) , live within your means and Save & Invest the difference , have passion and patience throughout your investing journey.

Q10 : If the readers what to get in touch with you, how to get hold of you? (Sharing of your website/blog/social media profile etc..)
A10 : You may reach me by this LINK. 

Thanks STE, our alpha-man, for sharing his journey with us and I will sure to meet him again in the near future to tap on his insights, again!

Last but not least, if you are a retail investor and would like to be featured in my "Interview With The Fellow Investors" blog series, please feel free to email me at

Also, for the complete list of my interviewees and their posts, check it out here.



  1. What does his name "STE" means or stand for?

    1. Anonymous : It's the abbreviation of his name :-)
      Sweet Retirement : Hahaha, no lar, not ST Engineering!

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