Author: A Singaporean Stockmarket Investor (ASSI)

3Q 2018 passive income (non-REITs): RHT.

In 3Q 2018, I also added to my investment in RHT Health Trust at 72c a unit when Mr. Market got the jitters and the unit price plunged. The reason for a nervous Mr. Market could be due a cautionary note issued by RHT’s external auditors on its weak balance sheet. I received messages from readers and my reply to each and every one was more or less the same. “The cautionary note really was not saying anything new nor was it earth shattering.” If we sell simply because the share price is declining and we are fearful, that...

Read More

3Q 2018 passive income (non-REITs): Centurion.

In 3Q 2018, I decided on many things in the non-REIT space and this will be the first in a series of blogs on my decisions. Several times in 3Q 2018, I managed to add to my investment in Centurion as its price declined closer to 40c a share. It is my belief that a DPS of 2c a share is sustainable because it represents a payout ratio of only around 50%. Centurions’s cash flow also remains strong and relatively predictable. An almost 5% dividend yield from a business run by a savvy management with a good track record...

Read More

Should NSF invest $30k savings and pay $4k a year for insurance?

Reader says… I am a fairly new reader on your blog. I am thankful that you are sharing your knowledge, and at the same time I have a few questions that I would like to seek your opinion on. I am currently serving NS. I have been working part time since 18 and have a saved up 30K which I am planning to use for my university fee (Private). I am not sure whether I should invest with the amount of money that I currently have or just leave it untouched as it is money that I would require...

Read More

Unhappy with CPF and angry with AK. (Alamak! Why you so like that?)

Whenever I blog about the CPF, I must be prepared for some debate and it happened again last night. I always welcome debates as long as they are civil and constructive. Please don’t be rude. Don’t tell people to get a rope and hang themselves, for example. I am so sorry to have caused the reader so much angst. :( Since following my blog upsets him, I will do him a big favor by blocking him. I don’t usually block or ban readers from my FB page. If I did it to you, you must have been pretty bad....

Read More

Crazy Rich Asians or Pragmatic Rich Asians?

I know my blog has some reach beyond the shores of our tiny island nation of Singapore. Remember how I received a not too glamorous award from a forum in China recently? See: Once upon a time in China, Weibo says 铁公鸡AK 还好没结婚! I would like to share a conversation I had with a reader from Hong Kong some time ago: Reader says… Hope you don’t mind a guy from H.K. dropping a line. Indeed I used to stay in Singapore for a few years back 20 years ago. As far as I know Singaporeans at that time liked...

Read More

CPF interest is passive income and real money.

Reader says… We were talking about the CPF during lunch and I said it is good passive income. It is like investing in bonds and getting interest income. Who said that? Who? Who? Ha ha. My colleague said he would not refer to CPF interest as passive income especially interest in MA. He said anyone who says CPF interest is passive income must be twisting logic. He insisted normal people will not think of CPF interest as passive income. AK, you blur or not? I very blur. AK says… You very blur? I more blur than very blur. However,...

Read More

Reduce volatility by having fixed income as we age?

Reader says… Morning AK, as you get older, will you consider to be more defensive in your portfolio? Means shifting more to SSB, CPF etc instead of blue chip stocks for example? Just in case touch wood financial crisis then your portfolio less time to recover. Appreciate your thoughts as always. ???? AK says… I guess your question is about reducing volatility in our investment portfolio. Well, for most of us, that should be the job of our CPF savings. ???? Why do I say “for most of us”? Remember my blog on “unless we are very rich”? Too...

Read More

How to maintain lifestyle in retirement?

Reader says… My friend each month spends about $2k on tuition for her only child! ???? 4 tuition each cost about $500!! ???? Money is a scarce resource for the vast majority of us. What do we do when a resource is scarce? We try to conserve it. That is what the government keeps telling us when it comes to the use of water in Singapore. We should have the same attitude towards money. Of course, if you are very rich and have money sloshing around, ignore this blog. I believe that for the rest of us, we can...

Read More

"Should I give up on my husband?" (Warren Buffett’s late wife saw him as a challenge.)

Reader says… I simply LOVE your blog! However, reading your blog makes me a bit regretful. I got married a year ago to a very kind and loving man. He is very obliging and we never had an argument, ever. I decided he was the one after a short courtship. He is not rich and doesn’t make a lot of money at work but it doesn’t bother me because I earn my keep. I did not think that it could be a problem until a few months into the marriage. He is very caring and sweet but he doesn’t...

Read More

Free income producing assets. You want?

Has it really been 10 years since the Global Financial Crisis? Time really flies. What triggered this blog post? Messages from two readers. Reader #1 says… First Reit dropped quite a bit recently. Not sure if it is due to rising interest rates. Am thinking of buying more for retirement income. What is your view? Thanks. AK says… I have not been paying attention but it is probably because I am not thinking of adding. Reader #2 says… BTW i was looking to increase my shares in first Reit but Cloudy Outlook On Sponsor Ownership for them made me...

Read More

1H 2018 passive income exceeded $96k.

Reader says… I just started reading your blog last week and I am already a fan! Your passive income is amazing! Totaling first two quarters for REITs and non-REITs, you have already exceeded $96k! How old are you now? AK says… Welcome to my blog. :) I am 47 this year. Reader says… Oh, I see. I thought you might be a retiree in your 60s or 70s. A bit difficult for me to reach your level by 47. AK says… When you say you are my fan, it follows that I am your idol. Honestly, I don’t want...

Read More

Free ourselves from wage slavery now.

I have blogged about how someone told me that I should be ashamed of myself. I should be ashamed that I am unemployed although, more accurately, I am economically inactive. See: AK should be ashamed! I have also explained why I worked hard to achieve financial freedom and why I chose early retirement. To put it quite bluntly, I didn’t want to be a wage slave forever. See: Why want an early retirement? What is a wage slave? If we are 100% dependent on our monthly wages to support our lifestyle, we are wage slaves. What does this mean?...

Read More

How to be ready for unemployment? (He took a 50% pay cut but was unemployed again one year later.)

Reader says… I am with you on achieving Financial Independence. It’s a fallback plan in the midst of a super competitive employment environment flooded with Foreign Talents. Government can raise the retirement age to whatever they want but how many companies are willing to offer those above 50 YO decent paying jobs, except fast food outlets and a few others. Speaking from experience on this. Once retrenched, even in our 40s, it is hard to get back the same job. I took a 50% pay cut for a 1 yer contract job and then became unemployed again.  Every year...

Read More

Buy a private condo and wage slaves we become?

Over the years, quite a number of male readers have asked me if they should upgrade from HDB flats to private condos. For some reason, it is always the wife’s desire for an upgrade. I wonder if the husbands were being honest with me. Hmm… I wonder also if there is some truth in the saying that it is easier to sell luxury goods to females than males? Hmm… Aiyoh! Did some (female) readers throw shoes at me? Ouch! Wait, I see some branded ones. Maybe, I can sell these later. OK, yes, I know. Bad AK! Bad AK!...

Read More

2nd update on largest investments in 2018.

This blog is in response to some readers’ requests for an update. Not heavy on reasoning, I will be sharing more in my quarterly passive income updates for both REITs and non-REITs. This would happen end of September or in early October. Patience. For many years, AIMS AMP Capital Industrial REIT was the biggest investment in my portfolio but it has been unseated. It is pretty amazing as this did not take place within the same bracket either. A new bracket has to be created for the largest investment in my portfolio by market value now. $500,000 or more:...

Read More

Like us on Facebook

Follow us on Twitter