Author: Doctor Wealth

3 Ways The ABF Singapore Bond Index Fund Could Benefit Your Investment Portfolio

ABF Singapore Bond Index Fund was one of the earliest Exchange Traded Funds (ETFs) listed on the Singapore Exchange (SGX). Since its inception on 31st Aug 2005, the ETF has grown significantly and now has Assets Under Management (AUM) of S$869 million as of 30th Apr 2017. Over the course of 12 years, the ABF Singapore Bond ETF has gained about 36% or 2.7% per year. This return would have beat most of the Singapore fixed deposit rates and even our CPF Ordinary Account’s 2.5% p.a. interest. It is one of the four ETFs that is currently approved under...

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Is this Investment Course for me?

Way before Dr Wealth, there was BigFatPurse. I first started writing about investing and personal finance on BigFatPurse.com in 2007. It has been an extremely fulfilling journey. And way before Bigfatpurse.com came about, there was Financial Education. Many investment and trading classes were already well established. Many trainers were familiar names amongst retail investors. For someone looking to receive an education in investing, trading and personal finance, the choices are aplenty. The savvy amongst us who know exactly what they are seeking out will have no problems making a decision. For beginners and the rest, the decision is confusing...

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Nassim Taleb – A Contrarian Investor and his Unorthodox Ideas

Oliver Wendell Holmes Jr once remarked that a man’s mind, once stretched, will never regain its original dimensions ever again. On some occasions, the discovery is a flash of insight. My two year old discovering how to open doors is one good example. Now that she knows how to work the door handle, no matter how hard she tries in the future, she would never be able to unlearn that skill ever again. On other occasions, the discovery takes place gradually over an extended period of time. Some liken it to peeling an onion – as the layers come off...

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3 Things to Avoid when investing in REITs

Following our Report Card Series on REITs , we zoom in on the three things that investors should avoid when making investment in any REIT. These three factors can significantly improve returns by avoiding REITs that are not worth our investment. Avoid Choosing REITs based on Dividends It might sound counter intuitive, but investing in REITs shouldn’t be just focusing on the potential dividend yield of the REIT. What do we mean by that? First, ask yourself this question. Why does a troubled REIT like Sabana REIT have a double-digit yield of 11.8 percent in the past year compared to...

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Ethereum – 4x returns in 60 days

All views expressed here, unless referenced, are the author’s own, and for informational purposes only.  It should not be considered financial advice.  You should consult with a professional to determine what may be best for your individual needs. What is Ethereum? Ethereum is a platform for decentralised applications built on blockchain. In that way, it is similar to Bitcoin. While Bitcoin was designed to be a cryptocurrency , Ether (the ‘currency’, or fuel, of the Ethereum network) was meant to pay for specific actions on the Ethereum network, with users receiving it for using their computing power to validate...

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Sabana REIT – Poor Performing REIT Faces A Rebellion

Many would say Sabana REIT is one of the worst performing REITs listed on the SGX. It is difficult to disagree when we look at the share prices – The FTSE ST REITs Index (performance of a composite of Singapore REITs) has risen 20% in the past 5 years while Sabana REIT has plunged 51%: Chart from ShareInvestor You must have asked why, since REITs are believed to be relatively ‘safer’ instruments than other kind of stocks. Below are the likely reasons for the poor performance of Sabana REIT. 1) Distributions Per Unit (DPU) has been declining. REITs investors want dividends and...

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Thank You For Supporting DrWealth at InvestFair 2015!

We would like to thank everyone who came down to support us at InvestFair 2015 over the weekend! It was DrWealth’s first event and we received great support for our prelaunch of the Automated Investing. There was great interest in what we were doing and it’s great to know that some people have already been doing ETF investing by themselves. We hope we will be the first to bring Wealthfront, Sigfig type of services to Singapore. Such services are already available in US, Europe, Australia and even Hong Kong. There’s no reason why Singaporeans should not have the kind...

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Simple and Effective Automatic Investing with Index ETFs

Investing in the stock market doesn’t have to be difficult or complicated. If you’re just dipping your toes into investing, or thinking about starting, chances are you’ve probably tried reading up and doing research. The problem is, the sheer volume of investing advice out there is mind-boggling, and sometimes, even downright contradictory. Hence the reason why many people end up procrastinating and not investing, even though they know they should. What should you do? Well, there’s a simple solution that takes the path of least resistance. The golden rule (or hidden secret, if you will) of investing is KISS (Keep...

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Is Automated Investing Right For You?

You hear friends talking about investing. Every week, you see news in the media about savvy young investors and how well they’re doing in life/financially. You want the same for yourself, but have no idea where to start. You’re just sitting on a pile of savings and not making your money work for you. Sad to say, money doesn’t grow by itself. (If it did, we’d all be millionaires by now.) You have to make it work for you. Enter automated investing to the rescue. Just as how the Internet has brought about a revamp in the travel industry...

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How to Protect Your Rights When Buying Insurance

One of the most common grievances about the insurance industry is that it can be a nightmare trying to get your insurer to pay up. Now, what should you do if you ever find yourself in such an unfortunate situation? Words by Seng Bingyang — Recently, a blog post on insurance claims appeared on my Facebook newsfeed that I noticed was shared by quite a number of people. In a nutshell, this is what the post is about: A mother suffered from excessive bleeding after childbirth (post-partum haemorrhage, a pregnancy and childbirth complication), and her hospital bill came up...

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Men versus Women: Who’s Better with Money?

As the clichéd saying goes: men are from Mars, women are from Venus. We take a closer look at the gender gap and explore whether there are any differences in the way men and women think about money. Words by Lum Yin Peng We often hear of gender-based stereotypes like “Women are just bad drivers” and “Men are the risk-takers”. But are there any differences between men and women when it comes to money management too? Well, according to results of a MasterCard annual survey, the short answer is: “Yes”. Take a look at the Gender-based Financial Literacy indices listed...

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Investing Personality: Are You a Peacock or an Eagle

Knowing your personality type can help you avoid common investing pitfalls and maximise your profits. In the last of this investing personalities series, we take a closer look at two more temperaments: the showy peacock and the high-flying eagle. Words by Budget Babe — Read Part 1 here: What’s Your Investing Personality? Read Part 2 here: Investing Personality: Are You a Dove or an Owl Not sure what your personality type is? Take this short quiz to find out. The Peacock Peacocks are the life of the party, and as a friend, the Peacock can infuse much excitement and...

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Investing Personality: Are You a Dove or an Owl

The “bird symbol” model created by Dr Bender identifies individuals according to four different personality types, each of which comes with its own strengths and weaknesses. In the second of this investing personalities series, we take a closer look at two of the four personality types – the peace-loving dove and the wise old owl – and how you can tap on their unique traits to guide your investment decisions. Words by Budget Babe — Read Part 1 here: What’s Your Investing Personality? The Dove Doves are generally people-oriented folks who prefer to avoid confrontation or conflict. They can...

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What’s Your Investing Personality?

Who you are as a person affects how you behave as an investor. In the first of this three-part series on investing personalities, we start with a basic introduction to behavioural finance and how it affects the type of investment decisions you make. Words by Budget Babe — What’s your investing personality? One factor that people often overlook is that of behavioural finance, which influences the type of investment decisions you make. Within this psychological field of study, the two most important elements worth thinking about are: confirmation bias and hindsight bias. Depending on your personality type, you’re more...

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5 Ways the Implosion of 1MDB Could Affect Singapore

Malaysia’s scandal-hit state investment firm has spent the past few months under the spotlight for allegedly racking up a jaw-dropping RM42 billion in debt. Now the saga has hit a little closer to home, as Singapore police this week froze two bank accounts on suspicions of money-laundering. Just how would the 1MDB fallout affect us in Singapore? Words by DollarsAndSense – The keyword 1MDB was searched 8,000 times in Singapore for the whole of last year, compared to 60,000 times within the first half of this year. News of 1MDB has been constantly shared on social media and mainstream...

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