Hyflux Preference Shares - Revisited with humility

First, we learned the hard way with S-chips.

Then some understood belated why unrated corporate bonds are called "junk" bonds. 

Now together with everyone else, I am learning about the realities of perpetual securities.

Now with track record of 6 years, the water "hype" has died down together with other "thematic" investments like the China, Myanmar, O&G, commodities plays. 

I was so wrong on hyflux preference shares

Now is the rubber meets the road moment for yield hogs who proudly declare just as long got regular "passive" income, whether price goes up or down does not matter.

Time frame. Everything is about time frame.

I am not vested; but I am biased.

It reinforces my beliefs and bitter past experiences - never get suckered into the Buy and Hold spin peddled by vested interests.

Banking stocks are doing splendidly well now. But I remember during 2008 how they got clobbered.

I am not good enough for Buy and Hold. 

Yes. Time frame. Where there is time, there are seasons.

Know when to plant, when to harvest. 

Be humble.

Just like the wild gust of wind at Lim Chu Kang recently, even when I got the timing "right", I can only focus on what I can control - planting and harvesting. 

The weather and other acts of nature, they are there to remind me - man proposes, heaven disposes.

That's the realities of investing.

If one does not take responsibility for investing, one should never attempt DIY active investing.

Maybe put money in CPF would be better (that's called savings by the way)?

Anything wrong can blame big daddy!