Author: A Singaporean Stockmarket Investor (ASSI)

A $71,000 lesson or a haunting experience?

This is a follow up to an earlier blog (see related post at the end of this blog) and there is a simple but important message in this. All of us make mistakes, some bigger than others. However, it is important to remember that there is nothing bigger than life itself. We are always learning in life. Life must go on and in a good way too. Reader says… I am so sad to fall into such greed and indeed lessons learned not to be greedy at all. I wonder how many people in your blog had experienced the...

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Should I sell my home and downsize or downgrade?

This is a reply to Ruby, a long time reader of ASSI, but it turned out to be quite lengthy. So, I decided to publish it as a proper blog instead. Ruby’s comment and questions: My reply: Hi Ruby, Of course, the property agent would want you to sell your home and buy a new one (probably from him too). ;p Ask do you need to sell or do youwant to sell your home? Your home is a freehold property and does not suffer from lease decay. This is a fact. Aging freehold property? I don’t understand why is that an issue....

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Pay for memberships that benefit (who) financially?

I have been following your blog since last year. As a middle age self employed who’s asset rich and cash poor, I have been enlightened by your simple strategies on how to save money. Thank you for the kind sharing! The matter that I need advice :- As someone who’s very good at spurring the economy I sometimes buy without much thinking. So recently I paid a small amount (of money) to join a certain membership. Lazy by nature I thought it will be nice to follow someone whose good at what he’s doing. So there after again I...

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When would I invest in ESR-REIT again?

Reader says… This is my first email to you although been following your blog for about 3 years. You are an inspiration to me cause although you are 1 year younger than me but you have already achieve financial freedom long ago. Understand that you have been blogging about not comfortable with ESR and VIva REIT but you also mention before an investment also depends on the price. So I would like to find out from you at what level will you consider investing in ESR REIT. Vanishing in less than 15 years. AK says… Absolutely no interest. The...

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Singapore Savings Bond short term still more rewarding.

I blogged about the Singapore Savings Bond (SSB) earlier this year and shared how it made sense for me to park some of my spare cash in it. It is considered near money (with no penalty for early withdrawal) but still not as near as money in a savings account or stored in a moon cake tin at home. Who stores money in a moon cake tin at home, you asked? Alamak, if you asked that, you must be new to my blog. OK, I know. Bad AK! Bad AK! It was 1.55%.Anyway, I did not put in the...

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Investing in ComfortDelgro and locking in gains.

I was accumulating at close to and under $2.00 a share amidst very bearish sentiments, having decided that ComfortDelgro’s balance sheet was robust and that its dividend was sustainable even if the entire taxi business was shut down. The last time I bought more at under $2.00 a share was in 1Q 2018. It should be quite clear that my decision to invest in ComfortDelgro was mainly for income but, of course, I am not averse to doing a bit of trading either. So, if I were to sell some of my investment in ComfortDelgro, what prices would I...

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Averaging down and don’t invest in this stock!

Reader says… … Singtel, average down from entry at $3.62 till $3.33, average cost is about 3.44. I only started buying stock about 6 months ago, and having using this approach. I decided an entry price, normally at 52 weeks low so I got a margin of safety, then average down if the stock keep dropping and stop when the stock moving up. What is your opinion of this average down approach? One down side I learnt so far is if the stock run up after my entry price, then I will not be able to accumulate much as...

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FRS by 35 and $1 million in CPF account.

Reader says… I have been an avid reader of your blog and inspired by your way of handling the cpf monies. I have followed certain methods and have done my own research on the cpf system. I am 33 yr old now and have drafted a goal of hitting the current frs on my special account by 35. There is a shortfall of 50k to frs and it shld be done in the next 2 years. I have max out my ma. I live a simple life and dun demand for luxuries. And if i can be gainfully employed...

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$71,000 alternative or bogus investment?

Reader says… I have been very sad and disappointed with these alternative investments that we had ventured with stupidity. Like the Chinese sayings goes, for really good deals, “there is no such golden duck jumping around on the street”. In other words, there is no such good deals. If that is the case, why is our government still not educating people well about alternative investment, seeing a lot of them got their fingers burned due to such dodgy business. We invested into alternative investment by XXXXXXX Holdings and got engaged with an agent from XXXXXX Solution Management Pte Ltd,...

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Which type of insurance for parents and why?

Reader says… What do you think of the idea of getting insurance for own parents who are in their late 50s and still healthy? My parents do not have insurance coverage. I’m planning to get for them a hospitalization insurance + term life w/ critical illness. I view it as a protection against my financials should anything happen to them. Because at the end of the day i’m probably be the one who is footing the bill should any mishap happens. Thinking along that line, i’m thinking if i should actually profit from the demise of my parents. As...

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Crowdfunding and nudist beaches.

Reader says… I found your blog when googling crowdfunding in sg. Feeling very anxious because of Capital Springboard which never pay investors. Although I am not one of the investor, I have money in another crowdfunding. I am wondering how safe it is now and I would like your opinion on this which a friend introduced to me… AK says… Firstly, you are not an investor but a money lender. You have taken on the money lending role of a bank here and have assumed all the risks. Read my blog again and if this is still not clear,...

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Sound approach to investing for income?

Reader says… I am a Singaporean student who is interested in building up a dividend portfolio. I like to seek your advise whether it is viable to reinvest dividends into shares of the same counter, as the commission seems too expensive to do so. Is there any way which companies can give out share in place of dividends? Will this be a sound approach to building a dividend portfolio? AK says… If we are investing for income, we want our investments to be able to pay dividends in cash. Sometimes, companies might ask if shareholders would like to receive...

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Frasers L&I Trust and 21 European assets.

My investment in FLT made more than a year ago has done quite well so far and I would have been quite happy to have them keep the status quo. Of course, that is not how things work in the real world. FLT is proposing to buy 21 properties in Europe from its sponsor, most of them German and the rest are Dutch. Germany is Europe’s strongest economy and that is one reason why I invested in IREIT Global so many years ago. So, to me, that is a reason to like FLT’s proposal to invest in German properties....

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ComfortDelgro HUAT and is SingTel next?

Reader says… Wa!!! Your CDG HUAT AH!!! Blog more about it lah and we can HUAT more!!! Many thanks!!! AK says… I am sure I do not have any influence over prices. Have you looked at SingTel’s share price, to be fair? As investors for income, our job is to decide if an equity is right for our purpose and if its price is attractive enough for us buy in. For examples, in 1Q 2018, I added to my investment in ComfortDelgro at under $2.00 a share and SingTel at under $3.40 a share. I had no idea how...

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Ascendas H-Trust and ComfortDelgro (SBS).

Reader says… Thanks for talking to yourself all these times. You have really helped the average Singaporeans pick up good financial tips. I have been invested in AHT and have collected good dividends. I noticed that prices have dropped so far and am thinking of picking up more. I read through their latest announcements and I don’t see anything that indicates that their fundamentals have changed. However, their numbers for 2 AU Pullman hotels are not that good. Also the exchange rate is not in their favour. They also look like they may be thinking of expanding beyond Asia...

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