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

What should I do with the savings for my child?

There’s been a couple of bloggers out there who have posted on what they would do to help their parents invest their money. I’ve been thinking over the past few weeks on what I should do with the angpao savings my son received from families and friends during his birth and the 1st month baby shower. The savings amounted to around S$6,200 for now and the objective is to pay for his college and university school fees when he matures later. There are a couple of choice which has been lingering on my mind. The one thing certain is he has a longer...

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Starburst – IPO Review

Everyone seem to be talking about the IPO for Fraser Hospitality Trust (FHT) that Starburst gets hardly noticed by retail investors. There’s a couple of fellow bloggers who have also blogged about this IPO so I will try to give my views here. They will be offering 50 million shares (48 million shares for placement and 2 million shares for retail investors) at a price of $0.31. The IPO will close next week on the 8th July at 12pm. Introduction Starburst is a Singapore based engineering group specialising in the design and engineering of firearms-training facilities. The company has...

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Mid Year Goals Review

We are officially now halfway through the year and whether we choose to believe or not, it’s happening. People are advocating that time is money, but to me time is a priceless piece of art – which is precisely why I seek for a financial independence. 2013 seems like a very far away back and it is only back then in December (My Investing Goal for 2014) that I set my usual yearly goals and targets to achieve for 2014. Since we are now officially entering the 2nd half of the year, it’s good to review how these goals stand at the moment: 1.)...

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What are some of your guilty pleasure?

I know, I know. Everyone has their own long list of guilty pleasure – anywhere from traveling to food to even some fetish things that they have nicely lined up for themselves, and so do I. Being in pursuit of financial independence does not mean the list is going to be way shorter than one who does not pursuit financial independence. In fact, I believe everyone has their own guilty pleasure of joy and happiness, irregardless of what they are. “Happiness consists of living each day as if it were the first day of your honeymoon and the last day of your...

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Lifestyle Inflation Will Kill You. Really??

I imagine the days back then when I started entering the workforce and getting my first paycheck. It was $2,600. And I was thrilled. Never in my life had I earned so much money just by doing some simple analysis at work. To feel them physically, I even had them withdrawn so I can feel the number of $50 paper bill on my hand. Lifestyle was good back then as I upgraded my eating habits, appearances and IT gadgets. Since I was single back then, the money are mostly expensed off these items. A couple of years down the...

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2 New Books Trending – Update

It’s been a while since I last purchased a new book on personal finance and updated my page on Books Trending. This week, I’ve purchased two new books from Amazon which I think was very interesting and might came up familiar to some of you here. The first book is entitled “How Much is Enough?” by Robert Skidelsky. The author explains what constitutes the true value of money vs the true value of life. He also quoted the Keynes theory that as technology becomes more prevalent, human being should work lesser and lesser as each day passes. Apparently, that is...

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Mistakes I’ve made in my 4 years of investing

I take comfort in knowing that the construction of my current dividend investing portfolio has performed admittedly well so far. However, it doesn’t mean that it has been a smooth path constructing it these few years. In fact, I’ve made a fair share of mistakes over the past couple of years and I will be the first to admit that there will be more to come over the next few years. But experiencing these mistakes myself makes me a better investor, whether true or not it’s still unproven. 1.) Focusing on purchase price, not valuations I used to place a lot...

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Win-Win-Lose – It’s the end that ultimately matters

Many people advocate the journey as a process of learning while others remain skeptical and put their focus on the big price at the end. Which one matters? Here are two real life examples I encountered this month. First scenario A friend of mine visited Singapore for a 3 day visit to the casino. He went to the casino with a capital of $3,000. He win some and lose some. On the first day, he wins an overall sum of $3,000+. That gives him a return of 100% for the very first day he visited the casino. Maybe the...

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Factor decisions that propels me to accept the new job

There are many reasons that can play a part on whether an employee should stay with the company or move on to his or her next role in another company. Based on Davenport, having the right career is important as we tend to spend at least one-third of our entire lives in the workforce (precisely why I guess I’m seeking financial freedom?). In his book, he mentions that the right career is a positive, productive and natural extension to your value system and your natural talents. Readers of my blog would probably know that I was recently contemplating a move...

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"Jun 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 1.855 55,650.00 22.0% 2. Vicom 6 5.94 35,640.00 14.0% 3. SembCorp Ind 5 5.35 26,750.00 10.0% 4. SPH 5 4.21 21,050.00 8.0% 5. Ascott Reit 15 1.235 18,525.00 7.0% 6. Mapletree Greater China Commercial Trust 20 0.87 17,400.00 7.0% 7. China Merchant Pacific 17 0.95 16,150.00 6.0% 8. FraserCommercial Trust 11 1.365 15,015.00 6.0% 9. Neratel 20 0.75 15,000.00 6.0% 10. First Reit 10 1.17 11,700.00 5.0% 11. ST Engineering 3 3.90 11,700.00 5.0% 12. Second Chance...

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Recent Action – Stamford Land

This is a counter which I have been following for some time now and this month I have made a small addition to my portfolio. Stamford Land is the largest independent owner-operator of luxury hotels in Australia-NZ with 7 luxury hotels in AU and 1 in NZ. It is also a property developer with some iconic developments that include the Stamford Residences and The Reynell Terraces situation in Sydney. If you have been following this counter for some time, you would probably have known that Stamford values its hotel assets on a historical costs basis (less depreciation). Comparing this...

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Overcoming the maybe "One More…" Syndrome

As a legitimate human being on this planet, I think many of us have been in a situation where we are suffering from a “One More…” syndrome. Take a drug victim for example, he may be so addicted to the drug that even when he promises that this will be his last use, he will never comply to it and uses it again the next time. Similarly for us, we may be guilty of such syndrome at times, even myself admittedly. Take the example for myself 3 years ago, I promised at that time that the next job will...

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Getting my spouse to go along with my frugal plans

Doing it on our own self, it’s easier. Influencing others is much harder. Ask yourself this question. How many times have you tried to convince others – friends or families – to live frugally by spending lesser and saving more and how many times have you succeeded. Many times, the impact to our lives is small as these people have their own problems with their own solutions. But family is a bit different. Take our spouse for example. Imagine yourself being the sole bread winner of the family bringing money home each month to pay off household expenses, only...

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Lippo Mall Indonesia Retail Trust (LMIR) – Interview with the management

I had a chance to have a one-on-one interview with the management of Lippo Mall Indonesia Retail Trust (LMIR) this afternoon. The top 3 management – Mr. Alvin (CEO), Mr. Lo (CFO) and Mr. Wong (Financial Controller) were all present during the short 1 hour meet-up. It was a great chance to have a close up understanding on their views of where the Reit direction is going to go in the next couple of years and I will try my best to share as much as possible from this meeting. The first question which many of the investors have...

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"Discipline" for proper handling of funds for your child’s University expenses

The EDGE publication for this week edition wrote an article about how you can ensure your child’s proper handling of the funds you have saved up for his/her University expenses. This can be a long and daunting process if you are a new parent as you probably need to be doing this over the course of the full 21 years. Multiply these numbers by the number of children you have and you know that “discipline” plays an important part. There are 2 parts of the “discipline” that can take precedence. One is the discipline from the parents and another...

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