Close for now Do you hold SG, US, HK or MY stocks? How are you tracking them now?
View our Demo portfolio to learn how StocksCafe will do it for you intelligently!
Sign up for free now!

Subscribe to RSS feed Keeping an Investment Journal (in SGXcafe)

By evankoh posted on 17 Dec 2015  -  8,263 views


Sometimes, I think I have an investing addiction.

Just like people with a shopping addiction who feel compelled to go shopping whenever they have the time or money, likewise, I feel compelled to read up on stocks whenever I have the time (which was why I built SGXcafe to gather as much useful information as I can find for my ease of reading) and buy them whenever I have the money.

However, I face a problem.

As I am someone who does not have a good memory, I often forget opinions/conclusions I form about stocks after reading up on them and sometimes cannot even recall why I made certain buy/sell decisions as well as any lessons that I learned.

My solution to this problem comes in the form of a new feature I added to SGXcafe where I can take notes and tag it to a stock or to a transaction or , or simply a general note so that I can always refresh my memory on why I chose certain actions or inactions, opinions/conclusions of stocks, as well as general lessons learned from my investments.

Google "keeping an investment journal" and you can find numerous articles on the benefits of an investment journal and what to write in one.

For me, I prefer to simply call it Notes in SGXcafe because I somehow feel that it is less intimidating. There is no pressure to write in it religiously like a journal; it is just to note down whatever comes to mind, whenever it does.

As usual, this is a simple first version that I would develop on more on should it turn out to be useful to me or others. Feel free to try it out and share with me your feedback on it!

Happy investing!


Like
1 likes
3 comments

hareame - Cool! I have the same problem too although I am trying to solve this by putting notes in excel. Thanks for the effort and this platform is getting better and better~ Ever thought of extending this to overseas equity market? Coz I'm investing in KLCI too.
17 Dec 2015 10:03:37

evankoh - Hi hareame,

Actually, I have recently been thinking of incorporating US markets. Yet to decided to add in within SGXcafe or have a sister website though. But once I change the codes to be more general to extend for more than one stock exchange, it will become easier to include any new stock exchanges in future.

However, it is unlikely that KLCI will be ready in the near future :(

Evan
17 Dec 2015 10:47:43

hareame - Hi Evan. No problem. Anything extra is a bonus. Cheers!
17 Dec 2015 11:16:57



Next Article > < Previous Article
Did You Beat the Market in 2015? ... What to buy next? - Part 2



List All Articles Other articles by evankoh

SGXcafe Turns 2!
The first article of SGXcafe appeared on 15 March 2015, hence I set this date to be the birthday of SGXcafe. On this day, let's review the good and bad that happened in the past year. The Good SGXcafe has grown significantly in the past year; it currently has more than half a million pageviews every month coming from 30,000 unique visitors. More importantly, it has received support from 177 users in ...

Two Clicks to Any Page!
First of all, Gong Xi Fa Cai! As I am currently in Japan, I've got nowhere to go "bai nian". In combination with my wife not feeling so well, I've got on my hands an entire weekend to work on SGXcafe. One thing that is starting to irritate me is that as SGXcafe continues to add more features, I would have to make numerous clicks just to access a particular feature. This problem is amplified when I ...

Growing Dividends - Does Debt-to-equity Ratio and Operating Cashflow Matter? (Part 2)
In the previous article, I looked at how Debt-to-equity and Operating Cashflow (referred to as DER and OC from hereon) would influence Dividend Per Share (DPS). In particular, I looked at see how change of DER and change of OC in year X influences the DPS in year X+1. In this article, I would like to focus on the how absolute DER and absolute OC in year X could be a predictor of DPS in year X+1. Methodology ...