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

Running Your Own Finances Like How Companies Are Run

I always feel the way we folks run our own finances are similar in nature to how we tend to prospect companies for our investment. It has to be correlated in that manner, we get to improve on one thing and that thing opens up the door for another perspective. It has a compounding double win situation. There are many people in our circle group of friends that are struggling to live on paycheck to paycheck. They used these income that they’ve earned to pay off expenses like their mortgage, car loans, education and basic necessities like utilities and...

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"Jul 17" – SG Transactions & Portfolio Update"

No.  Counters No. of Shares Market Price (SGD) Total Value (SGD) based on market price Allocation % 1. Comfortdelgro 55,000 2.26 124,300.00 20.0% 2. M1 45,000 1.935 87,075.00 13.0% 3. Fraser Logistic Trust 80,000 1.065 85,200.00 13.0% 4. Capitamall Trust 30,000 2.00 60,000.00 10.0% 5. Fraser Comm Trust 40,377 1.42 57,335.00 8.0% 6. Katrina 210,000 0.22 46,200.00 6.0% 7. Singtel 10,000 3.92 39,200.00 5.0% 8. CDL Hospitality Trust 22,000 1.585 34,870.00 5.0% 9. First Reit 8,134 1.345 10,940.00 1.0% 10. OCBC 34 11.20      381.00 1.0% 11. Warchest* 63,000.00 10.0% Total SGD 608,501.00 100.00% I was going to write...

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Cost Budgeting For Our Thailand Trip In Dec 17

I’ve finally managed to finalize the big chunk portion of our Thailand trip later in Dec this year with flights and accommodation costs secured. Our family have been a huge fan of venturing various parts of Thailand since we have our children since it’s pretty near to where we are. In the first year, we went to visit BKK and Huahin and in the second year, we visited BKK and Krabi. It was such a memorable experience for us and the kids that we wanted to go back there again. This time round, we’ll be venturing BKK and Phuket. We’ll...

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Guest Post by CK – Insight Into The Real Estate Industry – Part 2

This is a continuation post from our guest writer CK, who has kindly contribute on some of the insights from his real estate experience. If you missed the first part, you can view them here. Here we go. Doing a follow up post on the first post as B rightfully asked how does Oxley managed to sell more properties than others. Some background was provided on my first post whereby the floor area for Suites@Bradell ranged from 387 to 893 sqft. I would say Oxley earned their first buck for being able to react to market demand for shoebox apartment...

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Recent Action – Katrina Group

The recent continuous drop of the Katrina Group from its high since its listing a year ago has alerted me so I went to do a bit of due diligence looking for potential entry opportunity. The volume for this company is usually low, so it was difficult for me to load up a sizeable position in the company. I had to take several days/weeks to do so and I think I loaded this overall over a total of 6 sessions for 210,000 shares, at an average price of about $0.196. This was lower than the IPO offering which was...

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Guest Post by CK – Insight Into The Real Estate Industry

I have the privilege of recently exchanging views with CK, who is currently a financial controller at a listed reits at the sgx. He is highly knowledgeable given his previous background as well as a senior manager at one of the big 4 accounting in assurance, and his deep knowledge in the real estate industry, which I’m sure we can learn something from. I’m not going to do the usual interview of asking him generic questions about investing. Instead, I have asked him to share one of the many learning points in the real estate industry which will benefit...

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Recent Action – CDL Hospitality Trust

This is a continued trilogy event for CDL Hospitality Trust which I have previously wrote here and here. Today, I managed to divest the majority of my mother share for 50,000 shares at $1.62 in the open market. This is after the shares have went ex-rights on Monday, so I am pretty surprised at their strong performance in the market today. The divestment yields me a decent 28% gains (inclusive of dividends) for a period of about 6 months. This has been my top position since the start of the year and I am fortunate to be holding it as this is...

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Investor Exchange 2017 – Your Firepower Guide To Investing

BIGScribe will be hosting their biggest event this year by partnering up with 7 well known and proven capable speakers at the Investors Exchange 2017. This event will be huge because it is a big crowd and there are various topics which will be covered by each individual, so it isn’t like we are only focusing about one part of the investing aspect. If you are those who loves Reits and dividend investing, there will be topics that cover that quite in depth by my fellow good friend, Chris from Tree of Prosperity and Kenny. If you are those...

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The Delusional Positioning of A Bubble Forming

A bubble formation is technically speaking a concept in the market where more and more people are entering and participating in a phenomenon that gets bigger. It started all the way from the first few batches that enter into the phenomenon and made extraordinary gains from sitting in a pot of gold, then made into the headline news in the media so more people can join in the party. This phenomenon made such a huge amount of gains in a short amount of time such that it will look stupid on people who doesn’t participate in it. Everyone congratulates...

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Netlink NBN Trust IPO – The Fibre of Smart Nation

Singtel has filed a preliminary prospectus to list one of its associates, Netlink NBN Trust to list on the Singapore Exchange. They were given a deadline by the IMDA to spin off their infrastructure division but still held 24.99% unitholding of the Trust after the offering. There is a book-building process which will determine the offering price between the range of $0.80 (minimum) to $0.93 (maximum). This will be huge because we are talking about a potential market cap size of between $3,091.2m (based on minimum offering price) to $3,593.5m (based on maximum offering price). Business Overview The Trust...

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My Drawdown Decumulation Plan in Early Retirement

We’ve been talking a lot in our community on the accumulation phase throughout our working life, either by choosing the right investment product or getting the right insurance protection but there is hardly a discussion on the decumulation phase.  The two are linked because our life is finite in nature, thus there is a need to determine how much we need for the expenses and start working backwards how much we should be accumulating in the earlier phase of life.  These plans will differ from each household to another, depending on the traction of how much you need, how...

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How To Play The CDL Hospitality Trust (CDLHT) Rights Issuance

After my post yesterday on CDLHT issuance of the rights and acquisitions, this post is about the few choices you can do to play around exercising the rights or if you dont intend to. My last participation was for sabana reits which happens not too long ago. In that event, I managed to buy the mother share in my strategy. Things are different now in the sense I am holding that mother share with me this time round. There are generally 3 levels that you have to watch out for when a Reit announces rights that are not accretive...

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CDLHT Announces Acquisitions (Pullman Hotel Germany) & Launch of Renouncable Rights Issue

CDL Hospitality Trusts is currently my top position in the portfolio so I am inclined to write about the news they have announced today. The Trust announces two big news – the first being the acquisition of the Pullman Hotel in Germany, which amounted to about S$160m and will be fully funded by debt facility. The second short after being the launch of the renouncable rights issue amounting to a gross proceeds of S$255m to lower their gearing and improve their balance sheet. This is quite an interesting news because it’s the first time I’ve seen a Reit doing...

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The Different Structure & Dividend Distribution Type From Reits

I received one or two queries on this recently so I thought it’s good to make this as sticky post for future reference. Real Estate Investment Trust (Reits) is not technically structured as a pure company that owns businesses or assets. They are being structured as an investment holding entity which requires a Trust Deed between the Trustee and the Reit manager. In order to own an asset locally or overseas, they need to set up a Special Purpose Vehicle (SPV) which acts in the context of a company that can buy or sell businesses or assets and legally...

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5 Excuses About Not Doing Enough On Your Personal Finance

It is part of human tendency to shy away from the reality when it strikes and we are often left to provide excuses to justify and defend ourselves. To a large extent, people feels uncomfortable when they start thinking about personal finance. It is almost that feeling of resigning to fate because the world places them in such a way they are disadvantaged that there is nothing they can do to improve the situation. I understand the situation because I challenged exactly the same myself about health, and inputing about food and nutrients and I can tell just how...

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