A $30,000 Loss Changed How He Invested Forever – Piranha Wins

[00:00:01]All right. So, I'm very excited to introduce my next guest, Mr. Tan Chiae, who is a real estate consultant in Singapore. And Chiae actually has been investing and trading uh for over 10 years since 2013 until now. But it's only in the last two years in 2022 that he started enrolling in the Pyana profits courses starting with the stock trading course and then the investing course and the options course as well as subscribing subscribing to the ultimate investors playbook right and I believe that ever since then he had a significant improvement in his uh performance in the financial markets I think from an average of 5% before that to achieving about let me just see what you wrote uh 68% return in 2023 last year >> and year to date this year for the first half of the year you're up about 25%.

[00:00:57]>> So that's really really amazing impressive performance. Uh I want to find out how you did it. Okay. And uh great. So thank you so much for being here with us.

[00:01:08]>> Yeah. Thanks Adam for inviting me to be here. Uh really happy to see you.

[00:01:13]>> Great. Happy to see you.

[00:01:16]Yeah. Can I just uh maybe start by asking you um before you took the Piranha Profits courses, how did you invest and how did you trade?

[00:01:27]>> Okay. Actually, I started this trip that like you say 10 years ago was actually during my uni days that was when I was actually 22 to 24 years old at range. So what happened that time is we heard the hears say you know that time was the the 20 2020 period was the layman crisis period. So that time you know my friend say hey we hear say then we saw uh just like Singapore stock we just like we just see well it actually dropped down to $6 for DBS bank. So that time you know in my mind was like oh DBS bank is such a big company Singapore company it won't go any fast you know they will protect the company. So I think $6, not bad. I can just buy. Then that time in my mind was like, okay, I make 5% profit, I just sell. Then maybe maybe make a $300 or $400 from a $6,000. I can just buy and just sell. So that time in my mind was to buy something like within my my what I have. Then from there I grow a $2 trillion. Then I, you know, no strategy at all. I just know buy today, maybe one month later, sell $2 trillion.

[00:02:32]I'm very happy about it. But you started >> with uh Singapore stocks.

[00:02:37]>> Yeah, I started with Singapore stock.

[00:02:38]That was like 10 years ago. So that time, you know, I'm studying not much fun. So I just like hear say other people say. So we don't have any like strategy or what we learn, you know, like uh keeping our portfolio, you know, all these things. So we just buy and sell. Then until one time when I start to trade a a stock called Wilmer I believe you know that time there's a Wilmer and all >> Sam C industry those those type same s marine that was the time where the market went south and my my share got stuck >> and I made a loss of know three 4,000 or even 5,000 I say hey well like it don't work at all you know to keep one two month it don't work at all so the money got stuck almost like four or five year then my next come one or two years later. So I feel okay it it doesn't it doesn't seems to work this way. So eventually you know I start to ask myself this question because I'm in real estate I got this uh this income coming.

[00:03:32]So I ask her this question. Do I really want to trade in this way or not?

[00:03:36]>> Is this the right way to do trading or is it a right way to invest in stock and share market and then to put the money in the bank is very little interest. So that is why I thinking should I improve my knowledge and this is where actually Piranha's profit was not the first I go actually >> I went uh went to some other I don't want to say who but >> sure yeah >> it's actually very basic they only teach us you know like the support resistance you know to see all these uh fundamental things you know but they don't tell you how to trade how to invest just tell you that oh support price buy then hit the break even cut loss you know it's like >> very basic stuff basic stuff >> yeah very very basic stuff. So that is why I feel that it's not enough for me to grow such a to grow better. So that is how I as myself I had to search I have to go and retype and that's how upon in 2023 I say 2022 I get more serious about it.

[00:04:33]So I start to you know came across Priana's profit and that was during the black market if I'm not wrong >> black market event >> then during the event market there's a lot know the promotion of seven I say eight then I tell myself this question yeah I just put $1,000 $2,000 invested in the cost that upgrade myself I can earn more than that then why not it's just a it's just a a part of the profit then it's just part of my knowledge and I can help others then why not I I learn I learn it that's how I start to tell myself okay every year I want to learn new things so that is how I sign up for value momentum and uh the UIP then slowly I'm going to the option that is how I one step at a time to reach >> today's what I what I've been able to yeah >> so before you attended uh before you enrolled in the piranha profits courses um did you start with US did you uh invest in US stocks or it was only Singapore stocks um mostly Singapore but us a bit that was before >> so you did start a bit yeah then that was uh like some of the we I don't know about all the profit about the company data like what you say we must see the report of the company data how this company performing then we buy no we went to I will see based on because I'm very good at numbers so I based on or how the company is doing like last time $15 now it's $1 is good time to buy so so uh I just buy no direction or just buy they wait for it to go to >> to it's still the same way that I used to trade last time because I haven't start learning the VMI so that is something that uh used to be last time so I I think there is one stock called the US CDA that was when the covid came the stock went to $1 so that time you know I got a little bit of money you know real estate we have just I just throw in make it make it break it break it this type of man mentality so >> so not much risk management Uh, and you didn't look at the fundamentals of the business. You just the price. Oh, it was at 50. Now it's at 10. It looks cheap. So, let me just buy >> and then it goes up a bit. I'll sell.

[00:06:42]>> Yes. I see.

[00:06:43]>> So, I bought 10,000 share. One is only 10k. So, I just then along the way during a co nothing to do at home or $2, sell a bit, $3, sell a bit. Until now, the share is $15.

[00:06:54]>> Okay. So, so you you were making money already. uh but it was just very little returns >> very little returns and it's it's like uh not strategy enough I feel it's not safe >> meaning that if anything happened to that company uh your money will be gone and I actually did a bad investment on shopppee before >> okay uh $300 >> limited at $300 now it's only at $70 so that was the the time where I really changed my mind that I really need a strategy a low risk this type of portfolio that >> to manage it uh every month steadily growing don't need to have a lot but at least in increasing every month and that was the actually can say that although C limit help me to loss money but it also helped me to broaden up my my perspective in term of being safe >> it made you realize that you had to find a better way to invest that safer >> yes correct it made me realize that because it's quite quite a big ch about 30 over thousand USD loss >> wow So that was that was a uh a turning point for me and that was I think in 2022 because during big C limited was like wow shoot up quite >> yeah a lot of people were chasing it and then right >> yeah then the bubble burst so that time you know when you hear say my friends say ah can buy sure can so everybody just follow the follow the >> when all your friends say sure can that means something is wrong >> something wrong yeah >> so when you started enrolling in the pya profit its courses.

[00:08:29]>> What did you feel was the most useful things that you learned that make the greatest impact on your performance >> and the mistakes that you began to learn from that? You realize, oh, I made I've been making these mistakes in the past.

[00:08:43]Then you you changed how you did it.

[00:08:45]>> Yes. Okay. So during the Okay. Let's say about the VMI and the UIP. First the VMI actually let me realize something called about uh >> let me just explain to the audience. VMI is the value momentum >> momentum investment cost. Yeah, the value momentum cost >> and the ultimate investment playbook.

[00:09:02]>> These two are actually linked together.

[00:09:04]So at first the value momentum investment teach me how to really uh diversify the portfolio mean to say that you know we don't we don't we don't overallocate a certain fund into a a stock let's say a metal or even a Google we we let's say we got this amount of money we only spend like five 5% or even like 10% into this stock and then we diversify. So that is something I learned and also I learned about not buying not aggressively like selling away all my stock is to to keep it along the way. It may drop. So value momentum investment train my mindset that although it drop let it drop. We just need to accumulate more and from there we slowly you know once we accumulated at the price that we wanted let it grow along along along the time it's like a compounded growing.

[00:09:51]>> Yep. Let it compound your wealth.

[00:09:53]>> Let it compound. So if I if I find something even better, I need more funds, they also teach us how to okay reallocate. We mean that we we reduce part of our our shares here. We relocate that to another better like recently uh Salesforce and Service Now went down. So actually I reallocate some of my profit fund from my ETF. I reallocate a little bit back to Service Now. I start the new position in service now and Salesforce.

[00:10:17]So it actually went up and Adobe also it went up quite significantly this one month. So that is how I actually reallocate here and there based on what I learned in the value momentum investment which is actually very I can say it's very strategic. It won't let you throw all your money into one basket but it let you reinvest back into the market here and there you know stuff and there so that is how I I start from uh learning from them. Then every month the ultimate investment playbook will give us uh update about all the valuations from Adam our we call our coach or our from you that hey is it time to buy or is it time to to to reallocate. So that is something that is actually uh very proper. It the whole trade the whole investment and whole trading become very proper not >> very systematic very mechanical >> not on emotions and guessing and luck and all that. So can you share again after you've enrolled in the puran profits courses what was your performance result in 2023 and year to date 2024?

[00:11:20]>> Okay 2023 actually profited around 120,000. Wow, that's that's >> Yeah, it's about 60 68% of my portfolio and in uh in 2024 this year alone actually was about 25% about 50 overk but because the market is like moving up and down sideway recently although it's a bull market but it's like you see that it went up a bit moving up a bit slow and so actually moving but it still beat the S&P market at 25% versus a 16% S&P increase this year. So you beat the S&P 500, you beat the NASDAQ index.

[00:11:54]>> Yes.

[00:11:54]>> Uh that's fantastic. That's very impressive results.

[00:11:57]>> So you ask me to the total money that I put in actually is not a lot like maybe not as as as huge as other maybe like 20 uh 200 uh 200,000 but the two-ear profit actually add up is actually close to 200,000. So meaning that I actually doubled my wealth from >> in one and a half years >> in one in about one and a half year through this >> I actually gain back what I lost back then in 2021 2020 during the covid period those actually losses actually is covered back already. So actually it become more than what I actually uh I'm happy with the result that I'm actually learning from the classes itself. Yeah.

[00:12:36]Yeah. Can you can you uh briefly describe what's your strategy now in a sense that out of your portfolio what percentage is in US stocks, what percentage is in Singapore stocks and like what percentage is investing, what percentage is is trading and what percentage is in using options? Okay, for example, now uh actually my my portfolio now is about near to 350 but I still have half is not allocated. So this half is actually mostly uh on option in the event that option was being assigned. So in fact most of my portfolio was around two to 4% uh allocated. So my strategy now is that those unallocated funds right I use it to buy uh value stock in term of option like those uh the or shares >> selling put selling cash secure >> selling selling put because uh I've still not yet learned the the the the more tricky tricky option like those like best the boo spread all this thing is more challenging so I just do a simple simple now first like maybe those cash of your put >> yeah simple is the best >> yeah very simple the best.

[00:13:50]>> Yeah. So actually till date the cash also make let me have about 18 to 20k USD. So it's actually growing. So from there this amount of money still go back.

[00:14:01]>> Then for my Singapore portfolio I I I think I allocate around 20% of my fund.

[00:14:06]So they are bringing me about 10 about 9 to 10% dividends uh perom >> because of because attending the class.

[00:14:13]I'm not I noticed that how to really see as a dividend not as a capital growth.

[00:14:20]>> I invested 770,000 then maybe every year I will get back 7,000.

[00:14:25]>> Yeah. So I I treat it as a as a as a income this 7,000 then I put back this 7,000 back into the into the the fund and then I regrow use this money and buy back all the US stock that's coming down along the way. So that is how I how I how I diversify actually every month the ultimate investment playbook is very good because it help us to adjust accordingly >> how we see from how you how you actually allocate certain fund on certain stock and it's time to buy you just buy then you reach the 5% we stop >> so how many stocks are in your portfolio now >> w how many around uh I think 15 >> 15 I 15 but I want to hit 20 but it's I say some of the stock is not coming down >> 15 stocks will be US stocks >> uh Singapore >> including Singapore stocks including Singapore stocks >> including Singapore stock >> okay so all in about 15 stocks >> about 15 to 20 I can say around this range >> okay so that's pretty comfortable >> very comfortable yeah so now now it is already more about adjusting >> it's not more about building the portfolio I think starting stage of what you say is about building which stock you pick to Mihi is more about uh reallocation really adjustment from more to less less to more more to you know the the the few adjustment here and there >> more about so which were the stocks that contributed the most to your gains in the last two years >> metal and nidia was the the big jump but can be more but metal and nvidia >> okay >> then now every month the option is coming in and then the dividends it's like more of a passive already currently So, so the the income that you earn from your options selling uh selling puts and dividends you were saying that's about 20,000 >> about 7,000. Uh option is about 20k USD till date.

[00:16:21]>> Okay.

[00:16:22]>> So for 6 months I can say >> six months. Okay. That's pretty good.

[00:16:24]Pretty good extra income.

[00:16:26]>> Yeah, it's extra income but I don't I don't use them. To me I have a I have a very disciplined mindset meaning that my own expenses I use for my career my real estate job. I I I will take the money from my real estate as my expenses.

[00:16:39]Anything that is related to stock to property I'm very to stock I'm very disciplined meaning that any money that I made from option or or dividends I put everything back into the >> you reinvest it >> I reinvest it yeah I reinvest back the port. So every year I will do an adjustment like like uh how many percent like what you say the matter percentage will drop because the fund increase the percentage of portfolio will drop. So that is how I will there I'll wait for the price to go and reinvest back. So that is that is how I I'm doing according to what I learn uh through the whole course. Every month we have me and a few friends my sister-in-law also we have a good chat.

[00:17:17]>> So so every month you know after UIP I will just write down a few things say hey we can you know we can monitor this few stock then we we we I made effort one day just then we see that what we have. So last month we all bought in a lot. Uh we all bought some Adobe we went down to 460.

[00:17:33]>> Yeah.

[00:17:34]>> So everybody is happy and we bought Google at 130 a few months ago. Now it's about 190 180 plus. So >> everybody is like making they they also like what I say start small.

[00:17:45]>> So so eventually they are happy but of course sometimes you know to go through your the cost habit people are lazy because >> 20 30 videos is not easy to go through within one month but I tell it's a lifetime. So why why not you just subscribe this thing can be lifetime and every year you update a new content >> yes >> so why don't we you just it's not like three month it expire it's a lifetime thing so I feel that I also tell my wife I sign up you are free you also can >> yeah she can learn >> even my son is now six seven years old every time he say daddy what is what is that so I say next time you grow up you also can because the video is lifetime so to me I feel that every year I I subscribe a new class in prinet is okay.

[00:18:28]I reinvest my my knowledge. I reinvest my learning >> and it's lifetime. So to me I just best is that one year one day I can have all the cost that I I can subscribe then it's all lifetime that I just pass to my my my children to to learn and then he can he can start growing younger. So that is something I I'm more looking forward to in my in that that's something good. It's a lifetime thing I feel.