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

What Should You Look Out For When Buying Your First Investment Property?

When we buy a property for investment purpose, our immediate goal is to ensure that the property is cash generative and can at the very least cover the basic expenses that we incurred such as mortgage interest, maintenance fees and other one-off costs such as agent fees, renovation costs and so on. Anything that are generated above that will go towards repaying for the principal payment, which technically means you are increasing the equity value of your property over time.  Your equity value can increase in two ways, which is a function of two variables. The first is through...

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Is Your Home Ownership An Asset, Liability Or Investment?

Buying a home probably ranks as one of the most important milestone in our lives. After all, it is a huge investment that we have to pay upfront and will have to service for the most part of our working lives. Hence, it is common for people to think of their home as an investment and humans typically well…do not like to lose out on their investments. No one does. When the value of their homes drop, their hearts sank together with the times. This is probably the reason why we see so many older Singaporeans complaining on the...

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Why You Should Apply For Approved In Principle (AIP) Before Buying Your Ideal Private Property?

Buying your first property can be confusing and time consuming because of the regulation changes that you need to keep up to and remain relevant to these changes. But whatever the changes are, they are ultimately down to how much the banks are willing to loan based on the regulations of the Tdsr and your own personal commitments. This is why it is important that you should get an Approved In-Principle (AIP) before committing to purchase a property, no matter how attractive or undervalued the property is. What Is Approved In-Principle (AIP)? An Approved In-Principle is basically an official...

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How My Work In Start-Up Firm Is Different From My Other Corporate Roles

As some of you might know, I had to reverse my sabbatical plan and return back to work due to some circumstances back home. I’ve completed the first full week of my new role in the startup firm so I thought I put down some thoughts on how is it different from my other corporate roles in the past. Location & Working Environment The office is in the co-working space in one of the malls in the Central area so it is something very refreshing to me. In the past when I was working for my corporate roles, my...

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Whatcard Is Here To Make Our Lives Easier And Better

Most people think of savings in the traditional way where you keep the leftover of what you have in your bank accounts after spending. But what if I tell you that you could actually save even when you’re spending. Back in the 1950s, Diners club founder Frank Mcnamara first introduced a novel method of paying for purchases to merchants and you only have to pay back a couple of weeks later. He called it “deferred payments”, which literally in today’s world known as credit cards. The idea of credit cards is no longer a stranger to us. At first,...

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Is There Light At The End of The Tunnel For SPH (SGX: T39) ?

Following my recent article on Starhub, I’ve received a few inquiries from readers regarding what I think about SPH and if their current valuations are fair. SPH has been a very good dividend payers for many years in the past and is a past time favorite for dividend investors so I can understand if there are a lot of them out there who are holding on to the shares and not knowing if they should cut loss or continue holding on to it (perhaps due to sentiments). Long time shareholders of SPH would have experienced that the shares of...

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Why I Think Starhub Is Going Down To $1

I took up a pretty substantial short position for Starhub today at a price of $1.35. Starhub Limited is no stranger to most Singaporeans, as we probably use their services one way or another. At the peak of their share price, Starhub was trading at $4.13 back in 2014, but have since seen declining numbers to end the day where they are today at $1.34 due to massive competitions, evolving technology and erosion of quality services that it can offer to customers. Business DivisionsMobile Service Revenue fell 10% year on year due to the entry of competitions from the...

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Aug 19 – Portfolio & Networth Update

 Counters No. of Shares Market Price (SGD) Total Value (SGD) based on market price Allocation %   10,000  74,934.00 Far East Hospitality Trust     3,000    1,950.00 Ho Bee Land        300       690.00 423,000.00 500,574.00 I get the feeling that the second half of 2019 is full of events in the market and there’s so many talking points that have not been totally apparent in the first half of the year. Volatility in the market seems to...

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A Relook Back Into The 2016 Bear Case And What I Did To Get The Most Out Of It

The Trade War is escalating. You can feel that coming as investors as you read the news that both Trump and Xi had continuously been playing a game of cat and mouse and it appears there’s no way both could get a mutual agreement that might compromise one another. Last night was a bloodbath as Dow was down more than 600+ points while Nasdaq had fallen by 3%. It’s pretty drastic in my opinion, but we are getting the hang of it with Trump. Up 2% on one night, down 3% the next day, and then up another 2%,...

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Jardine Matheson Holdings (SGX: J36) – Valuations Getting Attractive BUT…..

Jardine Matheson Holdings (SGX: J36) has been on a tear this year, dropping by as much as 23% in 2019, mainly due to the intensifying global trade tension, protests in Hongkong and slowing businesses in particular the auto sales, putting the company as one of the worst performer in the STI index. As a contrarian investor myself, I became interested in the company when the share price keeps falling, which means valuations are getting cheaper in relative to its earnings. But as an investor with limited resources, is now the best time to put our money into the company?...

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Why I Would Not Consider Ireit Global At Their Current Valuation

Ireit Global is a Reit I used to own in the past due to the strong profiling of their freehold assets in Germany, high dividend yield, low borrowing costs and long WALE with concentrated blue chip tenant profile. You would think that Germany is a strong powerhouse in Europe and they are too big to fail, so everything else equal, it’s something which is probably too good to be true, especially since they debuted and listed back in 2014. I bought them in the past in the range of 63 to 66 cents when most people were skeptical about the...

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Guest Post – Lessons Learnt From My Temporary Retirement

The following article is a guest post contributed by Simon from Financial Expert. Simon is someone I met on the social media and have chatted with him a few times. We have similar goals in mind with regards to the concept of financial independence and it is probably the reason why we quickly clicked when we talk to one another. This is his story about how he achieved financial independence at the age of 29 and the lessons he is sharing with us on his temporary retirement. Emotions were running high when I returned to my apartment on the last...

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Recent Action – Vicom Ltd

One of the ways to do them is through the accumulation of defensive stocks which tend to be more resilient during period of uncertainties. I was fortunate to have a few of these defensive resilient companies in my portfolio, which include the likes of Vicom, Starhill Reit and Netlink Trust when I started the year, each of them taking up a very large position in the portfolio. I began to unwind each of them slowly, as I look to build up more warchest in anticipation of events like what we have today, with the divestment of Starhill Reit back...

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How Do You Prepare A Growing Warchest?

Every three to four years, we revisit the topic issue on the importance to keep a warchest in our portfolio. This comes always on the back of something that is brewing, like the Eurozone crisis in 2011, the oil and China crisis in 2016 and the Trade War and HK protests in 2019. As the name itself implied, having sufficient warchest in your portfolio means you are keeping a sum of money that is ready when you are needed to go to war.  The thing is this, we always take things granted in our lives, especially when everything are...

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