Author: A Path to Forever Financial Freedom (3Fs)

Jan 2020 – Portfolio & Transaction Updates

No.  Counters No. of Shares Market Price (SGD) Total Value (SGD) based on market price Allocation % 1. Top Glove   50,000 1.71      85,500.00 48.0% 2. Straco 100,000 0.65      65,000.00 37.0% 3. Comfortdelgro     8,000 2.21      17,680.00 10.0% 4. Ho Bee Land        300 2.36           700.00 1.0% 5. Warchest           8,000.00 6.0% Total    176,880.00 100% Less: CFD Leverage @ 2.8%    (70,000.00) Total    106,880.00 100% It’s the first reporting season of the new year and we are in the midst of an earning season so there’s plenty of reporting and monitoring to...

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Why Reits Are Likely To Stay At The Top For Longer Than Most People Would Expect

The real estate industry cycle has been around for many years.Traditionally, it has several built-in advantages that make it natural for property owners to receive rental income while awaiting for their property to appreciate in value over time. This is due to the higher affluent population group and the higher GDP for the nation as well as decent inflation rise that will all but contribute to an eventual higher property price.While traditional real estate usually requires high amount of funds to start with and is out of reach by many retail investors, Reits on the other hand are not....

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Reflection On 6 Years of Parenting

In the next few days, our youngest son will turn three years old. That would conclude that both my wife and I had 6 years of parenting experience since the start of the newly “disrupted” born era in our family. This comes at a frightening blistering pace given it feels like it was only yesterday that he was a newborn baby, learning to crawl and unable to mumble and utter a single word out of his mouth. Some days felt incredibly long, especially when we have to continuously change his diapers, fed him through the rigorous lunch and dinner...

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The Misconception About Financial Independence

I’ve made mistakes in the past talking about the concept of financial independence to people who weren’t ready to accept them.It’s incredibly frustrating talking to these group of people who seem to surround it with not only negative connotation that they are not accepting but also refuse to listen to views that other people have.Since then, I’ve not openly brought up talking on this subject to anyone I’ve hardly known unless there’s some indication that they are open to listening about different viewpoints.In the past weeks, I’ve gone for interviews and met up with people who’ve questioned my motives...

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The CPF Context Shows Exactly Why We Remain a Backward Society

This week alone, I’ve probably seen more than 50 cases of individuals taunting off their CPF publicly on various online portals and forums that appears on my message feeds, without bothering to explain the rationale of why they did so. I’m sure the scene was meant to be inspiring but taken out of context on a larger picture, it seems a tad sad to mention because it shows once again why are a society of competing in the first place. Being competitive was one of the main traits that has been engrained in many of the Singaporeans’ mindset. That...

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2019 Xirr Performance & Other Reviews

As we entered the final phase of the end of the 2019 year, it’s time to do a review of how the year went for us and what lessons can we learnt from this year.CareerFrom a career’s perspective, things are looking rather decent with not much progress from the very last I changed job which means things are not taking a big scale as much as I had expected. Still, it was an interesting year because this is the year I’ve changed industry and met variety of people in the industry which I would have never met had I...

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Willcraft – Your Online Estate Planning Platform

Wills are not something that is often discussed enough within many of the family members because it usually involves talking about death, which is a taboo topic to bring up in the first place. As a result, many families choose to delay because it just doesn’t seem too necessary to bring up at this point in time. But as we learnt from many of the past cases, death can at times comes in an untimely manner and least expected hence it is important to look at them objectively rather than avoiding it totally like a plaque. Since death is...

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8D7N Shanghai Trip – Costs & Itineraries

We spent about a week for this year end trip to Shanghai which we spent on en route leading to Christmas day. It was a nice spot between not overly long distance trip and also where the budget allows so we have chosen Shanghai as our ideal destination for this year. We had so much fun exploring the city in a pretty unfashionable way that it feels a lot like an adventure. The goal here is to explore like the local so we went to places which a lot of locals went to. We walked a lot using our...

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Dec 19 – Portfolio & Networth Update

No.  Counters No. of Shares Market Price (SGD) Total Value (SGD) based on market price Allocation % 1. Straco        100,000        0.675         67,500.00 66.00% 2. Ho Bee Land                300         2.38              714.00 1.00% 3. Warchest            34,000.00 33.00% Total       102,214.00 100.00% To think that we have finally reached the end of the year is such incredible moment, given how fast time flies in a moment that we’ve never think of.This month, I’ve only managed to add Straco into the portfolio which I blogged earlier last week here. I have not decided if I will...

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Recent Action – Straco Corp

I’ve been very busy and packed in the past recent weeks running on many fronts so I thought I’ll just take this chance to quickly write an update on the recent position I took with Straco which I bought at 67.5 cents. If you’d like to understand the past performance of this company you can refer to this great article from LJY which highlights a lot more details (Link Here) Straco Corp has reported a rather poor Q3 earlier in November and adding further to the news that the Singapore Flyers broke down once again, the share price has...

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Why digiPortfolio Appeals To Me

In an eagerly anticipated news, DBS announced the launch of the digiPortfolio segment live on its investing platform. The main objective is to enable everyday Singaporeans like you and me to invest and grow our money.The theme – “Invest. Sleep. Repeat” is exactly why the digiPortfolio is appealing to the masses. It is especially suitable for those who want to invest and grow their money yet have limited time and commitment to DIY their own portfolio. With digiPortfolio’s dedicated team taking care of your investment, investors can now have their cake and eat it too. Peace of mind along...

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New Oriental Education – This Company Grows at 138% In The Past 12 Months

This is a company that has returned 138% in the last 12 months for investors as the company is looking to grow even more in the next few years which spells opportunities if you are looking into a growth play.The company last closed at it’s historical high at $122.72 and it is continuing to grow at a very fast double digit topline growth in the next few years.Company Overview Founded in 1993, New Oriental Education & Tech Group (NYSE: EDU) is the largest provider of private educational services in China. The company has an extensive network of over 1,261...

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Geo Energy – Continuation of Perceived Weakness in The Near Future

Geo Energy is one of the top leading coal producers which has presence all across Indonesia.What the company does is actively to seek new acquisitions to grow and increase the number of existing coal reserves they have while controlling the production of their coals during periods where coal prices are weak. Recent M&A is very accretiveTheir recent announcement for the acquisitions of PT Titan Global Energy is a testament that they are expanding the geographical lead presence in different parts of Indonesia by looking for cheap M&A where they can both did accretive acquisitions and at the same time...

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Nov 19 – Portfolio & Networth Update

No.  Counters No. of Shares Market Price (SGD) Total Value (SGD) based on market price Allocation % 1. Ho Bee Land        300 2.33              700.00 1.00% 2. Warchest       100,000.00 99.00% Total       100,700.00 100% We are 2 months away from closing the year so I thought I’ll update this early. The portfolio has never looked “cleaner” than what it is today but I guess given so many involvement I am in the second half of the year with all the things going on and the recent few bad trades (see below), I am tempted to regroup going into 2020. Shorts...

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Why I Think OCBC Q3FY19 Profit Results Are Going To Fall Double-Digit Percentage YoY

UOB announced its Q3 results this morning which gives a big hint of what is to come for the other two banks. The drop in NIM and increase in NPA is worst than expected, and if not for the loan growth segment in the Singapore that helps, it might look like a worsen Q3. OCBC is scheduled to announced its results on the 5th Nov (Tuesday morning) before the start of market trading. This is 5 reasons why I think OCBC Q3 FY19 profit results are going to fall double-digit in terms of percentage year on year. 1.) Net...

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