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

The Fine Art of Reverse Budgeting

I thought I was the only weird one doing this until I read an article by Dave Ramsay and confirmed its existence. I hardly come across people who are doing this in the same way I do, so if you are on the same wavelength with me, give me a high five. Traditional Saving Method If you go to a personal finance seminar, you’d tend to find advice that tells you to be frugal, save as much savings as possible to a large extent and then invest the rest. In that very order. When I was only starting out...

Read More

Recent Action – Straco Corporation

I initiated a position in Straco Corporation recently at a share price of $0.855 for 50,000 shares. I don’t think I have to introduce this company much more. We all know they’ve been returning incredible shareholder’s value since its inception in 2004 and it was only after around 2014 that the share price remains rather flat until today. For me, I am treating this more of a momentum play given that organic growth is back on track and debts remain lowest since they acquire the Flyer back in 2014. I still want to see the company generating double digit growth either...

Read More

Getting Your Investing Education Through Re-ThinkWealth

Chris is the author and founder for his education learning platform Re-ThinkWealth and I’ve known him personally now for a number of years. So when he recently launched his new premium content (Link Here) and approached me with helping it to spread it around,  I agreed to help him. He strikes as someone to me who is passionate about investing and hungry to give back to the society by helping others to learn and get better. He conducted a few seminars on his own at a few junctions and was very successful and charismatic at doing that. All who...

Read More

The Four Categories of Rules Acceptance Behaviour

I was listening to Gretchen Rubin’s podcast recently and was intrigued by how she brings certain perception out which makes people think. For those who are not familiar with who she is, Gretchen is an author and researcher for psychological behaviour in her pursuit of finding optimal happiness either in marriage, family, solidarity and any point in time. She calls herself a “happiness bully” which begets the idea of bullying people with happiness!! Awesome. Her research on the four categories of rules acceptance is one of her more popular contributions to the society and we’ll quickly link this later to...

Read More

Vicom Revises Inspection Fees W.E.F 1 Nov 2017

You might have recalled I re-initiated a position back in Vicom just last month (See here) so when someone alerted me today that they were revising their fees I was interested to look at it. This wasn’t yet officially announced in the sgx announcement so some vested shareholders might miss the news. New revised fees w.e.f 1 Nov 2017 As you can see from the breakdown, the revised fees aren’t very significant from a car owner perspective in terms of dollars and sense. In fact, it’s probably just enough to cover an incremental cost of the overhead due to...

Read More

Recent Action – Ho Bee Land

I initiated another small position im another developer, this time Ho Bee Land for 10,000 shares at $2.51. Some of you may have recalled that I used to own this company in the past (See Here) which I have since divested so it is not a company which I am not unfamiliar. In any case, I have re-initiate the position for another short-term momentum play given how aggressive the developers are in the market these days doing their restocking of their land bank. I’ll put down some of my thoughts in the summary below: Recurring Income Stream of prospective $150m...

Read More

My Wisdom Tooth Surgery Experience

I know this is a bit random but anyway I just want to share about my experience for my wisdom tooth extraction which may benefit those who wanted to do it. In the past month or so, I have been having gum infection in my right mouth and it is affecting my work,  sleep and mood and I get frequent headache every now and then.  It was a horrible experience that I am simply too lazy to do anything,  even writing this blog. Anyway,  so I went to my regular doctor visit at Orchard Scotts Dental attended by a...

Read More

What Is A Good Investment?

I received an interesting email today from a reader who surprises me with a very basic yet intriguely mind stimulating question. He asked me what makes a good investment. I had to think a while before replying him and thought it’ll be a good point for discussion. A good investment in my definition is something in the future that you can derive a greater value than what was invested in the beginning. The key word there is “greater value” and this aspect can be both known or unknown. One example of a “known” aspect is putting your money in...

Read More

How Do You Define Your Time?

As financial bloggers, we’ve always been saying that time is an important resource that is scarce in our lifetime. Time is a fixed currency and is probably the only thing that is constant. All of us had 24 hours a day to allocate our time with and it is up to us how we define them. Time in the context of this article is focus and energy, which everyone has a limited supply of. Now, I see my time in the context of three general categories: Professional – Active Work and Career Related Matters. Social – Activities that involves...

Read More

"Oct 17" – SG Transactions & Portfolio Update"

No.  Counters No. of Shares Market Price (SGD) Total Value (SGD) based on market price Allocation % 1. Comfortdelgro 70,000 2.00 140,000.00 23.0% 2. M1 67,000 1.78 119,260.00 19.0% 3. Fraser Logistic Trust 80,000 1.08 86,400.00 14.0% 4. First Reit 30,034 1.355 40,700.00 6.0% 5. Vicom 6,600 5.70 37,620.00 6.0% 6. Warchest* 190,000.00 31.0% Total SGD 613,980.00 100.00% It’s time for another update for the month once again. I’ve been so busy with work recently that I don’t have much time to monitor and research the market much. Other than returning from our holiday trip in Penang, I’ve also been...

Read More

Nature of Bodyclock

I haven’t been writing for quite a while so I thought I’ll write an impromptu on something that suddenly came up to my mind. Have you ever experienced a moment when you feel so passionate about something that you forgot the time? Or have you ever experienced a time when you feel so despair and tiring that you don’t feel like doing anything? I wanted to relate this feeling of mine that I have recently. Perhaps it is the traveling post-school holiday at Penang that makes me indignantly lazy.  Maybe the other mind is saying the catching up of...

Read More

Comfortdelgro Hits 3-Year Low

Comfortdelgro hits not only a new 52 weeks low last Friday but also a 3 year low. The last time they hit around this share price was around in Jun 2014. That was right before the contracting model announcement takes place for the public transport. I just did a quick comparison to see how they fare in terms of earnings between the two. It seems on a glance earnings was pretty much on par. While operating profit came in slightly lower in 2017, finance costs came in much better due to the lower borrowings they have (stronger balance sheet),...

Read More

The Struggle With Hardwork

My wife and I recently watched a Japanese documentary at home and we began pondering on why the Japanese, and typically the older generation tend to have a different attitude than the newer generation like ours. Friedrich Nietzsche, one of the famous German philosopher, once said that the most essential thing in human history is that there should be a long obedience in the same direction, thereby results can be attributed to the cause which made life worth living. The Japanese family that we saw in the documentary aspire bringing improvement in the lives of the consumer. They work hard and for...

Read More

Is SPH Worth Taking A Look Now?

Every once and then, there would be companies in focus that would be the major target for the short seller. These are mostly sick companies because their outlook are bleak. If you recall in the early of 2016, we had similar cases with oil and gas companies. Keppel and Sembcorp took the most hit and they were depressed to levels that everyone just want to shun on it. SPH has been a grandfather stock for a very long time. Long time shareholders would know that they used to get to as high as $18 to $20 before doing a...

Read More

Two Faces Perception of Masks

Variant Perception is a concept defined by Michael Steinhardt as a view that is materially different from the consensus and that you have a belief that it has an average probability of being correct. For many, the fear of standing out negatively overrides their desire to stand out positively. By following the herd mentality, you are cushioned by the many views that are supporting the reasons for the fact that makes you comfortable. The problem is usually the case where valuation gets higher and as investors you are paying that comfortability for a premium with lesser margin of safety....

Read More

Like us on Facebook

Follow us on Twitter