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

Reversal Turnaround – B’s incident

If you are a football fan, you would have heard the news that Shinji Kagawa has returned to his previous club Borussia Dortmund after a rather disappointing move to Manchester United that did not quite work out for him. I used to think that was weird because I thought he would have think and agree the terms and conditions rather carefully before joining the club. I experienced the same situation myself recently unfortunately (or fortunately). I joined a new company 2 months ago that didn’t quite work out for me. Something was missing evidently but I shall spare the...

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Even Singer Jason Mraz plans for early retirement before 40

Known for one of his famous single, “I’m Yours” which broke records chart for the consecutive 76 weeks, Jason Mraz is ready for early retirement before he reaches the age of 40. Now, at the age of 37, he has one more album left on his contract with Atlantic records and then he plans to cool off his hectic lifestyle. During the interview, he mentioned that he is ready for a break and the daily grinds he has been doing feels like a corporate job at times. His plan after he “retires” is to do more gardening, surfing, having...

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29th Birthday Edition Post – What’s the next target?

I turned 29 years old today and this is third edition of the birthday post. As a customary edition of this posting, I usually start by evaluating how I did in the past one year against the projection target set. Then   will post on something lighter on this birthday edition. 28th Birthday Edition 27th Birthday Edition It’s glad to know that I am doing relatively well on what I deemed as a very stretched target set at the beginning. My current portfolio for Aug 14 stands at $277,695, which is 13% higher than the original target of $245,920....

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Mapletree Greater Commercial China Trust – Issuance of $75M Bond

Mapletree Greater Commercial China Trust has been granted provisional condition for their issuance of a $75 Million Bond on the 28th Aug and here are the terms and conditions: – Issue Amount: $75 Million – Maturity Date: 8 September 2021 – Coupon: 3.2% – Issue Price: At Par Value – Payment Date: Yearly on the 8th September What does this mean for the Trust? If we take a look at the issuance amount, it’s really negligible and almost certainly they will not be used for any acquisition project for such an amount. They are likely to be used for...

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Treating Dividend Income as your Bonus

Bonuses are a very subtle object when it comes to performance management. And it is very strange to see that because as the name suggests, they are basically …. “bonus”. So if your employer gives it to you, thank you and take it and if they do not, employees should not grumble too much. You see, we, as employees get paid by sacrificing our human labor and time in return for a salary. So you do 40 hours a week and multiply this by 4 and they give you your monthly salary at the end of the month. Fair....

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"Aug 14" – SG Transactions & Portfolio Update"

 No.  Counters No. of Lots Market Price (SGD) Total Value (SGD) based on market price Allocation % 1. FraserCenter Point Trust 30 1.955 58,650.00 21.0% 2. Vicom 6 6.60 39,600.00 14.0% 3. SembCorp Ind 7 5.07 35,490.00 13.0% 4. SPH 5 4.16 20,800.00 7.0% 5. Ascott Reit 15 1.23 18,450.00 7.0% 6. Mapletree Greater China Commercial Trust 20 0.92 18,400.00 7.0% 7. China Merchant Pacific 19 0.945 17,955.00 6.0% 8. FraserCommercial Trust 11 1.40 15,400.00 6.0% 9. Neratel 20 0.79 15,800.00 6.0% 10. ST Engineering 4 3.65 14,600.00 5.0% 11. First Reit 10 1.235 12,350.00 4.0% 12. Ascendas Hosp....

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Why replicating another person’s portfolio can be dangerous?

All of us wants to earn good returns in the stock market. While some retail investors do their diligent fundamental analysis about the company they are invested in, some others are simply taking the short cut by replicating other’s portfolio – usually the person they admire. A quick look at the hardwarezone forum and/or facebook and you can see many people either asking for advice or simply just replicating the portfolio for almost every stock they are invested in without having any justification for doing so. For those of you who are guilty of doing so, note that doing...

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Job Vacancy – Accountant and Portfolio Analyst

This is going to be a very unusual post that you do not often see in my blog. Frequent readers of my blog would know that I am currently working in one of the Reits company listed in Singapore and since I’ve been in the company, I’ve been covering a number of roles including the two mentioned roles above. In this regard, I am here to look if there are anyone with the right criteria and skillset who would be keen to explore more on the Reits industry to apply for the roles. I do not have the specific...

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Reits – Aug Update

Following up on my last post regarding how credit ratings would play an impact on the Reits listed in Singapore, it is also important to look at other metrics that would determine your choice of the investment. Using this post, I will also share on what factors that I feel it is important to look at before deciding to invest in the Reits. Note that this is my personal choice of factors so yours can be different. Corporate Ratings This is the ratings based on what I have discussed in my previous post. As you can see, most of...

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Credit Rating methodology for Reits – how it can help you choose the right investment

The investment community in our globalized world has grown ever so bigger each day and it is easy to see why some investors can get lost when picking their investments. One tool that can help you decide is the credit ratings assessed by the credit agency. The three top agencies – Moody, S&P and Fitch are the world’s top rating agencies which provides assessment on companies accredited ratings. Different rating agencies give you slightly different framework but from the broad view they generally serve the same purpose – the higher your risk profile, the lower your ratings and vice...

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Dividend Income for August — The reality of dream

National Day is here and it means it’s another month of dividends for investors. This has become one of my favorite section as I continue to build my warchest while at the same time able to reap the fruits from the existing portfolio. Dividends are basically rewards to investors without having active work that you have to do like in the office. The best part is it gets really automatic now and it keeps on piling up till the day you retire or leave the earth, whichever is later.   Dividend investing continues to play a big part in...

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Treat your bad debt as your greatest sworn enemy

We know that debt can be classified as good or bad. While it is possible to live completely debt-free for most of your life, it is not necessarily the best move you will make. Good leverage can be a form of investment that will multiply your income and generate greater returns. Bad debt, however, can do exactly the same – the opposite way in fact and it will harm you over the course of time. There was an article that was posted a couple of days ago about a person named Ken Ilgunas (Article link) of how he managed...

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How much capital should you have at your age?

We often hear financial bloggers preach that different people requires different needs in different situations. The amount of savings a person needs is highly dependent upon how much he earns and spends, and going back further how much a person earns and spends is very much dependent upon his education qualification and judgement of what is enough. Chris Farrell, author of “Your Money Ratios” has some rule of thumb regarding how much capital a person should have at their respective age. The way he did this is through a ratio of the Capital to Income (CIR) which means this...

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Olympic Gold Medal up for grabs at USD35K

Many times we hear of poor financial planning from the rich and the recent news have proved once again it’s still in existence. Here is the story extracted out: In 1993, when he was drafted by the Milwaukee Bucks in the years before rookie-scale contracts, Vin Baker signed a 10-year agreement with the team. That deal included an opt-out after the sixth season, by which time Baker had made nearly $17.3 million. He then signed a seven-year, $86.7 million contract with the Seattle SuperSonics, though he chose to negotiate an opt-out settlement after five years in order to make...

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What is fair or not fair?

First story. An employee signs an employment contract with an employer whose official working hours start from 9am to 6pm (5 days a week). In the contract, there’s a small clause that states that the employee may be required to work overtime occasionally during peak period. The employee comes to work everyday at 9.10am and goes back home at 6.30pm. Fair or not fair? Second story. A young couple who was recently married and are both working full-time discusses the amount they should contribute to the household. Not knowing what methodology to use, they decided to use the percentage of...

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