Random thoughts: A reality check

I am a believer that i cannot time the market. I still believe in that. 

My portfolio is now half of what it used to be. And my bonuses has gone into boasting my emergency fund.

Strange just last December I am busy using my EY bonuses to buy various counters.

I took a hard look at myself and realized that since I only have "significant" savings  during my bonuses months, I should be really prudent in my use of ammo. 

Just 6 months ago, I wanted very much to increase my portfolio size and increase cash flow from my portfolio (dividends$

Now, I just wanted a warchest for a plain 5-10 % correction and a insurance for a simple 20% bear. 

It is also easier now. When some counters (yangzijiang and singapore shipping ) do perform better after I sold them, I realize that discomfort is very much easier to bear as compare to the very nagging question of how much higher can market go? 

I did ask my wife to start buying M1 and Ascendas hospitality recently. I am private wealth manager now. Unlike LP who really manage the money. I offer my mouth, advice only, and it will be followed. But my commission is only a treat of a good meal when profit taking materialized lol. Glad I had 2-3 such meals so far LOL.

I crave for savings more than dividends now.

Also, while I am still prospecting for companies, very often, I will come

To this question, compare with A or B that I am looking at... Er... Then I cannot bring myself to dig deeper. 

Also, I have come to terms that my analysis of companies is rather short sighted. 

I look at the AR, surf the net and try to project their earnings base on their business, while I have more hits than misses, I realized these projections usually cannot go further than 2-3 years and there are just too much missing info.  

Products demand changes and market cyclicals will tilt the earning power, I figure out I am better off just looking at track records of management and buy at the low or in general market low sentiments rather than predict what is the killer product. 

I might still try my hands on some fairly valued counters or activate my "wealth  manager" status to nimble. But I have to be patient and wait for a better price. 

If size matters, my human capital is really my job, not my portfolio.