Author: A Singaporean Stockmarket Investor (ASSI)

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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Gobbling APTT as its unit price plunged 50%.

APTT’s unit price plunged by about 50% today, closing at 16 cents a unit. Mr. Market was probably shocked by APTT’s massive reduction in DPU to 1.2 cents a year. I was surprised by the decision too. However, I also applaud APTT for having the courage (and wisdom) to make such a drastic move. Two years ago, I reiterated that APTT’s 6.5 cents DPU was unsustainable. I also said that a more sustainable DPU was around 4.0 cents. In my blog on APTT last month, I shaved 10% off this 4.0 cents DPU to take into consideration the rising...

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Sold First REIT to raise funds.

The plan was to blog about this together with my quarterly passive income report (4Q 2018) but I decided to take some time off from Neverwinter to do this earlier. I have been invested in First REIT since before the Global Financial Crisis and, increasing my investment during the crisis and Mr. Market’s bouts of depression, it became a rather significant investment in my portfolio. First REIT has been an amply rewarding investment for income as I did nothing but received income distributions in the following 10 years and more, enjoying yield very much in excess of 10% per...

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Why First REIT and why worry?

I get asked from time to time why I invest in First REIT and not Parkway Life REIT? Actually, more accurately, people should ask why did I invest in First REIT and not Parkway Life REIT? Yes, asking when a decision was made matters. When I was deciding between First REIT and Parkway Life REIT, the choice was a much simpler one. First REIT was trading at a big discount to NAV and its distribution yield was much higher compared to Parkway Life REIT. Money should go to where it is treated best, I told myself then. So, if you guess...

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Leaving a legacy as ASSI turns 9 and AK stops blogging.

Reader says… I’m thankful for the positive impact u have on my life, up there with Warren Buffett and rich dad. I hope in time I be able to pay it forward like u did AK says… I am glad my blog has been helpful ???? Reader says… That’s an understatement, too many ppl and too much money this world, just not enough ppl who want and able to make a difference. Of course that depends on whether u become even more lazy in blogging hehe. This blog will be your legacy to those who wants to design their...

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3Q 2018 passive income (S-REITs).

In 2Q 2018, there was a bit of action in the S-REITs space for me and one of the things I did was to add to my investment in Starhill Global REIT at 64c a piece. In 3Q 2018, I was ready to add to my investment in Starhill Global REIT if Mr. Market’s pessimism should worsen. However, Mr. Market felt better about the REIT’s prospects and the unit price rebounded. To understand why I bought more of Starhill Global REIT when I did and how it became one of my larger smaller investments, go to the related post...

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SG BONUS for all Singaporeans.

I received an SMS earlier today to say that I am getting a $200 red packet. Wow! There is such a thing as a free lunch, after all! Actually, $200 could probably buy me lunch 50 times over! What am I talking about? SG BONUS, of course. Eligible Singaporeans will get a minimum of $100. How much we get depends on our income in 2016 (YA 2017). See the table here: All eligible Singaporeans will be paid by end of this year. Now, if only income in 2017 (YA 2018) was used instead, then, I would get $100 more...

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