Author: A Singaporean Stockmarket Investor (ASSI)

Sell into the rally and stay invested.

A reader left me a comment recently: “Many AK shares like CDG and APTT have gone up. I hope AK didn’t dispose them.” Why would I sell them before? I like being paid while I wait. This is something I have said many times before. Therefore, regular readers would find this quite familiar. We buy undervalued income producing assets, receive dividends while waiting for Mr. Market to turn realistic. We could even buy good income producing assets at fairer values, receive dividends while waiting for Mr. Market to turn optimistic. When Mr. Market is greedy, the wait is over....

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Ascendas Hospitality Trust’s investors getting a bad deal?

As a backgrounder, if you have not done so, you might want to read this blog: Ascott Residence Trust and Ascendas Hospitality Trust to become one. It was published on Wednesday, July 3rd, 2019. The blog here is in reply to a reader’s comment that it is a bad deal for AHT investors. AK says… While not fantastic, really, it isn’t that bad a deal for AHT investors. For every AHT unit, we will get almost 0.8 unit in the combined entity. Priced at $1.30 per unit, the deal values AHT at almost $1.04 a unit. AHT was trading...

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Ascott Residence Trust and Ascendas Hospitality Trust to become one.

In reply to a reader’s comment: HERE. Ascendas Hospitality Trust (AHT) has been a good investment for income over the years. AHT has also been rather undervalued by Mr. Market for most of those years. This deal shows the true value of AHT. “ART will acquire all AHT stapled units at $1.0868 each, comprising $0.0543 in cash and 0.7942 ART-BT stapled units issued at a price of $1.30.” Source: Yahoo!Finance. I first invested in AHT in 2014 and paid a price of 72c a unit. See: AHT: A nibble. Over the years, I accumulated at prices lower than my initial...

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1Q 2019 passive income.

Sometimes, I hear people say that time slows to a crawl once they are retired. I find that strange because time flies faster than ever for me in my retirement. Again, 3 months have gone past me in the blink of an eye. Again, I am reminded that time is too precious for us to simply keep exchanging it for money. See: Why did I want an early retirement? Yes, some people say that time is money. For me, I say time is more precious than money. Don’t be a wage slave but also don’t be in a situation...

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Income tax payable in 2019?

Readers know that I have been spending a lot of time in Neverwinter and it will continue to be so as Neverwinter is launching Mod 16 a few weeks from now. Mod 16 is Neverwinter’s largest Mod (or expansion) in its 5+ years history and it is going to bring big changes to the game. I will be spending a lot more time farming and preparing for the new Mod. So, a longer period of absence from my blog and FB page or wall could be expected in the near future. After this blog post, it could be quite...

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Passive income made by passive income? Yes!

This blog material is taken from a reply I recently gave a young reader who is doubtful that a comfortable retirement is achievable in Singapore for the average worker. The reader also wonders why AK seems to be pretty calm about losses in investments while he is likely to get rather depressed.   AK says… If we are right more often than we are wrong, we should do well enough and I think I have been lucky that way. After so many years as an investor, I am more forgiving towards myself and try not to dwell too much...

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Investing for income to financial freedom. (Dividend Machines creation in 2019.)

When I blogged about my decision to take a long break from public appearances, I also said that I would continue blogging but less frequently. I know that I am a social media influencer and I have readers who appreciate my blog. One reader then said: “Most so called social media influencers I read about pitch/sell products. “I would say you are some kind of pseudo (not psycho!) influencer who don’t sell products (except ‘Neverwinter’) who talks about how to live your life prudently and be financially free ?” That is true. I hardly sell anything in my blog....

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Special dividend from VICOM and financial freedom.

I just received a letter from LTA that my car is due for an inspection. Wow! Has it really been three years? Time really flies. This is something older people feel more keenly than the younger ones. The younger ones think that they still have time to plan for retirement and they are probably right. However, if they think that they can kick the can down the road, this could result in them regretting when they are older. Many older people do regret not planning earlier for retirement. Time and tide wait for no man. Before we know it,...

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$1.5m in CPF savings by doing nothing henceforth.

Reader says… “I know you think of CPF as bonds in your portfolio and you want to grow it to reduce portfolio risk and volatility but what if you are unable to do it one day?  “Do you have back up plan?” AK says… “Although I feel that I should be able to continue to do Voluntary Contributions to my CPF account yearly to reach the Annual Contribution Limit, there could be a year or two or a few when I might not be able to do so. “After all, we cannot know what might happen in future and...

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This guy has 800K in his CPF. (AK responds to HWZ Forum.)

A reader pointed me to a thread in HWZ Forum which discussed about my CPF savings being more than $800K. He wanted to clarify certain questions and comments made by some people there. I am amazed that there are more than 10 pages of comments and I am even more amazed by some of the comments made. There is plenty of ignorance in that thread. There is also so much “jelly” that HWZ can start a dessert shop. What about HWZ starting a grocery since there are plenty of grapes too but they are of the sour variety and...

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2018 CPF savings in a pie chart. (Growing CPF savings.)

There is always some risk when it comes to investing in stocks and there will always be some degree of price volatility. Not everyone is able or willing to take risk when it comes to their money and not everyone is able to stomach price volatility well. Some get sick from the volatility and some even die from it. This is why we are fortunate in Singapore to have the CPF. [embedded content] CPF members should take full advantage of this risk free and volatility free instrument that pays reasonably attractive coupons. Yes, I say coupons because I look...

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CPF interest earned in 2018.

Regular readers know that AK is lazy. Lazy AK loves to pluck low hanging fruits as they require very little effort to pluck. Not requiring him to climb high up into the trees to pluck, they are also relatively safe to harvest. The name of the low hanging fruit here is “CPF“. What is the scientific name? Too long. Don’t bother. Told you AK is lazy. Don’t bluff. I know you are not interested in the scientific name either. You are more interested in knowing how much low hanging fruit did AK harvest in 2018. Right or not? OA...

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4Q 2018 and FY 2018 passive income.

It has been a pretty long break since my last blog. I have also been spending a lot less time engaging readers both in my blog and on Facebook. I know that many readers are not used to this. However, this will continue to be the case as I devote a lot more time to other activities. This was something I talked about before and it is the new normal. So, please don’t be surprised if you do not hear from me for weeks (or months) at a stretch in 2019. Now, with that out of the way, I...

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What should mom do with $200k inheritance?

Reader says… My mum was given an inheritance to the tune of $200k. Not knowing what to do with the money, my mum deposited it in the bank without our knowledge and of course, she was “invited” to speak to a bank’s representative and… I experienced some difficulty convincing her to put a significant portion of the remaining sum into her CPF as she is apprehensive that the money will thereafter be “locked up” for life and she can only get a small portion of it every month. I do not think the sum in her CPF RA is...

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Voluntary contribution to CPF MA in 2019.

Reader says… AK sifu.. Wah next year MA up to 57200… Excited siah.. Can top up again to get tax relief. Can I ask u if the interest from the existing MA for 2018 will flow back to MA to meet the 2019 BHS? If yes then sian.. Cos I cannot top up in cash in Jan 2019 to MA. Many ppl said why increase nearly 5%.. I think if they don’t increase.. Health care inflation in Singapore will eat up our BHS eventually. I do welcome such increase. Give me a chance to earn more interest n tax...

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