5 things you need to know about Daibochi Plastic & Packaging Industry Berhad

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Daibochi Plastic & Packaging Industry Berhad (Bursa: DAIBOCI) is a classic example of finding an investment idea while grocery shopping in the supermarket. When you visit the supermarket, you will realise that many food products like your Cadbury chocolate bars and Milo sachets require packaging. A company has to produce and manufacture all that packaging — and Daibochi is one of the … [Read more...]

Should an 80 year old be in 100% stocks?

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The most common advise may not be the right action that you should take. In everything we do, we always want to do the right thing. And often, we feel that the right thing is to do what the general crowd is doing. This is to be safer in numbers. Charley Ellis is 79 years old. He is a well respected in the money management world. He takes the indexing approaching to investing. For an older person … [Read more...]

A Prediction About Properties 13 Years Ago

Before I became a blogger in 2012, I contributed to the Straits Times (ST) Forum Page once in a blue moon. My first letter was written in Dec 2004 and discussed the issue of whether downgrading homes was a viable means of providing for retirement. I was 29 that year. Certainly, I was not thinking of retirement then, but what aroused my interest a few years earlier was whether properties could be a … [Read more...]

Cory Diary : Frasers Centrepoint Trust 1c17

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Since I last blogged FCT ( Link ) a year ago I am reading FCT report again today. Key TakeawayNAV $1.93. Last closing share price is $1.965. Slightly above book value. Management has said they will maintain 100% payout of roughly 5.9% yield.The AEI trough expects in May'17 and recover after. AEI completion in Sept'17. Expecting possible further few percentage reduction in NPI in the … [Read more...]

Quick thoughts

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Well, we are in January, still relatively early in the year. Work has been picking up. I intend to focus more of my attention at work (likely work later these past few days). News of retrenchments from other companies in my industry has been floating around. In the recent company Dinner and Dance (D&D), there isn’t any announcement of future projects (unlike previous years). In terms of … [Read more...]

Do you have a plan for early retirement?

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Achieving financial independence (FI) is the dream of many working adults. We dream of lying on the bahamas beach sipping watermelon juice. We plan to devote our time to charitable acts. We want to chase our passion, to do the things we love, instead of the things we need to. Basically, we want to stop exchanging our life (time, effort and energy) to live (our desired lifestyle). Regardless of … [Read more...]

Silverlake Axis.

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On 19 Jan 2017, purchased 20,000 shares of Silverlake Axis at $0.570 each. Since the year 2014. I have been following on this stock however I categorize it's as a high growth & high risk stock which prevent me from initiating a position . But its constant excellent financial result & transformation keeps luring me back & eventually I decided to buy it . A brief introduction of … [Read more...]

Money Is A Story….

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Seth Godin I am currently in the midst of reading a gigantic book called "Tools Of Titans" (from Tim Ferriss, the famous author that brought us 4-hour workweek in 2007).  Effectively, it is a compilation of key takeaways from his previous interviews/podcasts with the hundreds of successful heavyweights over the world, including Tony Robbins, Arnold Schwarzenegger, Seth Godin, Jamie Foxx, … [Read more...]

Be a wealthy and happy peasant.

"Singapore is one of the world's most unhappy nations?"  Sir Stamford Waffles Jr. Jr. "AK talks about how we should make more money, save more money and try to be financially free. AK makes sense. I am trying my hardest to be like him. Must have $150K in annual passive income and $700K in CPF account by age 45." Alamak! AK didn't say to be like him! Mai luan luan gong hor. I always say I … [Read more...]

The Aviva MINDEF & MHA Group Insurance is Useful in Your Comprehensive Insurance Protection Strategy

If you are a male Singaporean growing up in Singapore, your first encounter with insurance would be the SAF Group Insurance. It is our primer to the world of insurance, before BMTC brings in some insurance agent to tout their products. Over the years, the SAF Group insurance have undergone much changes. Many of which I felt is for the better. Recently, I receive new mailer from Aviva, the company … [Read more...]

Cory Diary : Financial Updates 20170121

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How I will approach this is to have my Financial Charts up for evaluation. This data is computed automatically through excel. So theoretically I am able to produce them everyday with little effort. The first chart is my Net Worth. I have this tracked since 2007 to see the Market crash horribly the next year. Unfortunately this is the furthermost that I have tracked as I would like to have data … [Read more...]

Is it a dream or a goal?

I was reading Tim Ferriss tome "Tools of Titans " and finding little nuggets of information here and there. It was such a great education reading about psychedelics, strength training and ketosis - things that I don't read about in general. This one by the famed wrestler Triple H stood out: Is it a dream or a goal? A dream is something you fantasize about that will probably not happen. You can … [Read more...]

Simplify Your Research With 3R

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Researching for your next stock? I always had the habit of researching into a stock, buy it and once I’ve profited from it, forget about it. I wonder how many of you do this as well. It’s as though the research material was one-use. Maybe it’s time to re-look at your old research! I thought it would be interesting to share with you on my thoughts about the famous 3Rs (Reduce, Re-use, Recycle) that … [Read more...]

Choosing A Longer HDB Loan

A comment by Andy from Tacomob in a previous post on HDB loans led to this post. I was sufficiently intrigued to try and dig out my calculations from 5 years ago. Unfortunately, they are nowhere to be found. Heck, so I made new ones! This time, I cheated by using a financial calculator app, though. Sidetrack a little for now – I saw this post yesterday on buying a first home and the … [Read more...]

My Career Story – Past, Now & Future

For the past 6 years I have been blogging, I have not really talked about how I transition my career growth from one to the next. It is not because that I had purposefully avoided them, but rather there is no impending urge to think and reflect about how I had transitioned from each stage to the next. I had mentioned several times in my post about how important human capital is in the … [Read more...]

Cory Diary : United States of America

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At the lowest point of America during 2008 GFC, Bush transition power to Obama. He comes in the nick of time from nowhere to bring America back up again. What even more amazing is that he is black. A White America who has appointed their First Black President instead of the First Women President. Who can say this is Uncle Sam other than the most extreme North Korea. America today has so many races … [Read more...]

How To Achieve Financial Goals In 2017

In keeping with the start of the year, Heartland Boy decided to set some financial goals in 2017. He believes in a dual pronged approach of growing both his income and minimizing his expenses. He truly identifies with the article written by Cheerful Egg, and would like to set in place several systems to achieve his financial goals in 2017. To achieve his financial goals, he intends to both grow … [Read more...]

OCBC considering sale of United Engineers Ltd

OCBC started the year with a bang by announcing that it is considering the sale of United Engineers Ltd (again). Two years ago, the local bank had tried to divest United Engineers (UEL) but the deal did not materialize. On 7 January 2017, OCBC and its subsidiary, Great Eastern Holding (GEH), appointed Credit Suisse (Singapore) Limited as their financial adviser in connection with the strategic … [Read more...]

emotional estimation and seeing validation [4/6]

Eben said “emotional estimation and seeing validation.” It means you estimate the outcome by using your emotion /instinct and validate through external testing. It’s a way to acknowledge that most ideas would fail and hence one should err on the side of caution by not pre-optimising an idea. If you fasten the first button wrongly, the remaining will be wrong too no matter you get it right on the … [Read more...]

Present From Hock Lian Seng – An Unintended Trade

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“Trade”. That’s a word that you don’t commonly see on SG TTI. Since when am I in the business of trading?! But 2017 has started well for me. Mr Market is unusually generous. This is a company that I’m very familiar with, and I’ve previously wrote several posts about HLS, from accumulation, my thoughts, till my divestment and even post divestment. I’ve previously said I’ll continue … [Read more...]