Planning on going into Cryptocurrencies

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So, I'm planning to take a small amount of my investible assets and "invest" / gamble into cryptocurrencies. Since it's such a long word, I'm just gonna abbreviate with CC.Fact 1: The market cap of all CCs is about a whooping $71B now, and it is rapidly growing.Jan 15: $5.5bJan 16: $7.1bJan 17: $18.2bSource: coinmarketcapFact 2: BTC used to dominate the market with over 90% market share until … [Read more...]

Still making money in Croesus Retail Trust. Peace.

Hi AK, I wrote to you a few months ago and told you a prominent blogger sold all his investment in Croesus. I asked you if you would be selling too. You gave me one of your typical AK answers. Now, a few months later, I am kicking myself because I sold half of my investment since I was not sure if I should stay fully invested. It was my biggest investment. If I had your conviction, I would have … [Read more...]

2nd Qtr 2017 : Dividend and Portfolio Update

The last company in my holding “ Accordia Golf Trust “ announced the result and dividend on 25th May while I was still busy catching “Pokemon “ . Is time to calculate and tabulate my dividend & interest income to be received in coming months for 2nd Qtr 2017 . Total Dividend & Interest Income for 2nd Qtr 2017 = $62,964.11 ** Total amount receive still about $972 lower than last year … [Read more...]

"Free" $105 Cash from Shopback (Cashback Site) + $20/$50 Capitaland Vouchers from Amex

If you have not heard of ShopBack, you have been missing out lots of cashback opportunities! If you know about it, good for you but do you know about "cashback" opportunities from Capitastar and Frasers Rewards? What is ShopBack? It is a website/mobile application which direct traffic to the relevant online shops such as Lazada, Expedia, etc. The merchants reward them with a commission for … [Read more...]

RISE OF THE GIG ECONOMY

I watched a very interesting episode of Money Week (in mandarin) about the rise of the gig economy whereby individuals could earn an income or some pocket monies at a flexible timetable arrangement through the use of apps like Uber. Basically, all the individual needs to do is to enrol or subscribe to the apps of services he or she could provide. After that when there are work or job opportunities … [Read more...]

A Lesson From Valuation Guru: Aswath Damodaran

Last week, I got an opportunity to attend an event by Professor Aswath Damodaran. For those of you unfamiliar with him. Professor Damodaran is the Professor of Finance at Stern School of Business at New York University (NYU). He is one of the leading voices on the topic of financial valuation.He is one of the key investors I follow regularly as I always find his method of valuing a company very … [Read more...]

Timing versus Dollar cost averaging

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Which method is the best? Professional says theres no right answer. Why? Lump sum investment benefits individual who posses great psychological skills (to hold through economical cycle), has a proven “edge” against the market (backtested) and the money to do so. Dollar cost averaging benefits those whom has fear (Price,risk of making a mistake,etc), and lower capital There are more … [Read more...]

A Fresh New Japanese Food Dining Concept

For far too long, we have been having the same Japanese food dining concept in Singapore, in the format of Japanese restaurants like Ajisen Ramen from Japan Food Holdings or RamenPlay under the BreadTalk Group. Hence it is especially interesting to learn of a fresh new Japanese food dining concept in Singapore, which integrates shopping, retail dining, marketing (going to the wet market) and … [Read more...]

8 things you need to know about BIMB Holdings before you invest

Today, Islamic banking remains as a key driver of growth in the local banking industry in Malaysia. Over the past decade, both local and foreign banks have set up Islamic banks to provide a wide range of Shariah-based financial services to local Muslim customers which made up approximately 70% of the population of Malaysia. To name a few, they include OCBC Al-Amin, HSBC Amanah, and Standard … [Read more...]

SingTel at a cross-road

The gloves are off as SingTel engages in a battle with Australian rival, TPG Telecom. In late last year, TPG Telecom won the rights to become Singapore’s fourth telco operator. In early April this year, TPG shocked the market by winning the rights to become Australia fourth mobile operator in Australia. It is still early days to assess the impact of the heightened competition from TPG but … [Read more...]

Differences Between First Ship Lease Trust and Rickmers Maritime

For investors in First Ship Lease Trust (FSL), the question at the top of investors' minds is: will FSL go the way of Rickmers Maritime and be wounded up? This is my third time investing in FSL and the previous 2 attempts have ended in major losses. I certainly do not wish to lose money on it a third time, which explains this series of blog posts on shipping trusts. Rickmers is currently in the … [Read more...]

Buying insurance is a responsibility

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  Growing up, I never had any insurance plans. My mom defended that my dad never had enough money, so how in the world would they have money to pay for our insurances? You may judge me, but I felt that was an irresponsible thing to do. Thank god we never had to be admitted to the hospitals, but what if something happens? I was really emotional about our lack of insurance plans. I felt that … [Read more...]

Reached my goal but something happened!!

Hi everyone, It's been a while since I post any new post on my blog. The reason is because of my packed schedule (work and family) which drains out all my energy for updating any post in this blog. Certainly I will try my best to squeeze out time for this blog and share my savings and investing experience with my readers. Recently, I have hitted my savings target of 160k!! But that result … [Read more...]

WHATS NEXT FOR THIS MULTI-BAGGER STOCK?

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In my post yesterday, made before the stocks markets opened, I commented that “it is not a matter of whether but a matter of when” for the resistance of Moya Asia stock at $0.115 to be cleared. True enough, Moya Asia stock broke through this very resistance yesterday to reach an intra-day high of $0.124 and closed a tad lower at $0.12 yesterday. This stock has come very far ever since Singapore … [Read more...]

2017 Singapore REITs Symposium Review: Valuable Insights From CEOs

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Heartland Boy has always felt that time spent with Management would improve his investment outcome. Somehow, seeing Management address questions in person are not the same as reading the answers from the various analyst reports. However, ever since he was posted to Jakarta, he has found it increasingly difficult to gain access to management. For instance, most of the AGMs are held on … [Read more...]

Cory Diary : Portfolio Updates 20170527

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Charting in Excel is quite fun. Just figure out I can do a reverse of my Radar Chart. Be warned, will need to take a new dimension at looking it. The reverse radar overcomes concentration in the center and put more emphasis on stocks that occupies higher allocation than the others in the middle.   My trades already hit 74 YTD which is about half year mark and I am enjoying the process of … [Read more...]

SINGAPORE PRESS HOLDINGS STOCK: WHAT IS NEXT?

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In my previous post, I shared about how Singapore Press Holdings should have a new direction under a new CEO in LG(NS) Ng Yat Chung who is currently the CEO of Neptune Orient Lines. A key highlight in LG(NS) Ng’s tenure of NOL was the privatization of Neptune Orient Lines as it merged with a larger overseas player. How will LG(NS) Ng shape Singapore Press Holdings going forward as its CEO? … [Read more...]

Seriously How To Avoid Being Fooled By These Scams, "Gurus" or Trainers

How can you probably see it and then seriously avoid it? It is never what you see; what you read and what you will get it! It is the HOW! When you see MAIN marketing statement or headline where it emphasizes ...  (1) From humble background; Poor to Rich from self discovery of secret formula (2) Losing so much and then discover secret sauce to become rich (3) Show you lots of … [Read more...]

Cory Diary : The Law of Growth – Population

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Singapore Population growth has seen some increase prior to the last election. Since then we have seen a more gradual growth. I would say outcome of the last election result in securing the 70% votes.I personally have been a proponent of quality of life rather than GDP growth. But is when the growth starts to slow down and stock market of local dependent economy starts to pinch that we start to … [Read more...]

AN ANALYST SAYS THIS STOCK COULD BE A PRIVATISATION TARGET

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In a DBS report dated 23 May 2017, analyst Lee Keng Ling wrote that Hi-P which provides one-stop solutions for the wireless (smartphones), computer peripherals and consumer electronics might be a potential takeover target for global players looking to build a base in Asia. The analyst had a target price of $1.07 for Hi-P stock which implies a potential upside of 23% for the stock (based on the … [Read more...]