Author: Investment Moats

Frasers Logistics & Industrial Trusts Smooths the Dividend Per Share and Makes 2 Positive Divestments

Back when I was reviewing Frasers Logistics and Industrial Trust’s (FLT) Q2 2017 result, I notice the big difference between its dividend per unit in that quarter versus the same dividend per unit in Q2 2016. Back then the DPU declared was S$1.81 cents. If it is paid in Australian cents, it would be A$1.77 cents. In Q2 2016, the DPU for SGD and AUD was S$1.75 and A$1.75 respectively. FLT hedge their currency only 6 months and the hedge rate was A$1 to S$1.0647. In 2016, it was A$1 to S$1. Thus, currency depreciation or volatility, can affect...

Read More

Can the Pursuit of Financial Independence Work for Aspiring Cabinet Ministers in Singapore?

I read the following paragraph: Mr Tong, 48, who was a partner at leading law firm Allen and Gledhill, is an exception, because he wants to serve, Mr Goh added. Mr Goh said that after Prime Minister Lee Hsien Loong approached Mr Tong to be a senior minister of state, the latter went to see him. They are fellow MPs for Marine Parade GRC. Mr Goh recalled their conversation: “He said, at this stage of his life, he has got a house, he has got a mother-in-law to support, a father-in-law to support, his own parents and so on,...

Read More

The Money Lessons We can all Learn from Reading a Diary of Income and Net Worth Reports

In the realm of wealth building, you often come to bloggers like myself to ask me what you should do, “I am doing XXX is this the correct thing to do at this point?”, “Doing ZZZ vs YYY, which one should I choose to do?” These are probably doubts that you have, and need to be answered by myself or someone else (perhaps a book as well). However, I often feel that just like playing DOTA, you can get a lot of growth by looking at what someone did. You might come to a epiphany yourself upon looking at...

Read More

The Autumn CPF Retirement Planning Roadshow 2018 is Here

I been thinking this year it has been tad quiet on the CPF front. We haven’t heard much from them yet. And lo and behold, they updated me on the latest schedule for their CPF road show. Attached above is the schedule, beginning with the first one this weekend at Toa Payoh HDB Hub. I tend to think that the road shows attract 2 kinds of crowd, those that love freebies but also those family that happens to be there and are looking for something fun. I think it certainly does not suit me (even though the pouch I...

Read More

When your Dividend Income Matches your Annual Expenses, You reached Financial Independence. True? Some Thoughts

I received 2 questions on dividend investing and cash flowing for financial independence question and I would try to address them here. These questions were sent to me as part of my organizing Investors Exchange 2018. And while I am not always in the best position to answer, I will try my best where I can. Its even more awkward when the questions are on my friend B‘s The Evolution of Dividend Strategy presentation. So here are the questions: Brian Halim’s strategy is to buy stocks with 6% Dividend and 4% Growth. Over what period is the 4% growth measured? That 4% will...

Read More

Singapore Savings Bonds SSB September 2018 Issue Yields 2.44% for 10 Year and 1.75% for 1 Year

Here is a higher yielding, safe way to save your money that you have no idea when you will need to use it, or your emergency fund. The September 2018’s SSB bonds yield an interest rate of 2.44%/yr for the next 10 years. You can apply through ATM or Internet Banking via the three banks (UOB,OCBC, DBS) However, if you only hold the SSB bonds for 1 year, with 2 semi-annual payments, your interest rate is 1.75%/yr. $10,000 will grow to $12,468 in 10 years. This bond is backed by the Singapore Government and its available to Singaporeans. A single...

Read More

Expanding on the Growth in the 6% Dividend Yield + 4% Growth Dividend Strategy

I received 2 questions on dividend investing and cash flowing for financial independence question and I would try to address them here. These questions were sent to me as part of my organizing Investors Exchange 2018. And while I am not always in the best position to answer, I will try my best where I can. Its even more awkward when the questions are on my friend B‘s The Evolution of Dividend Strategy presentation. So here are the questions: Brian Halim’s strategy is to buy stocks with 6% Dividend and 4% Growth. Over what period is the 4% growth...

Read More

Should you Build Emergency fund, Invest first or Pay off your mortgage faster? Increase your Personal Free Cash Flow and Focus on your Net Worth

One very common question that I get a lot is about how should we allocate with a few very competing financial goals. And I hope today in this short article, I give you some ideas how to work this out. The problem I feel is that there is excessive tidbits about what you should do: You should build an emergency fund You should invest in a STI ETF You should set aside for investment You should put your money into Singapore Savings Bonds You should top up your CPF SA You should pay off your home loan early When...

Read More

How a Falling Australian Property Market is Creating Many Negative Equity Property Owners

Australia residential property market was hot but recent cooling measures have stemmed a prolong rise in prices. While the price have not collapse, the effects could be devastating. The main reason is due to the internals. Specifically, the kind of loans that got popular are the interest only lending. Now, the majority of your Singapore home loans are amortizing debt. Amortizing debt is a debt that you pay down the principal and interest. At the start, you pay more interest, because the interest is applied on a large loan. At the end you repay more principal because your loan...

Read More

Seems FLT’s Advanced Distribution Eventually Adjusted to 1.01 cents from 0.69 cents.

It seems Advanced Distribution Amount does change even though an amount was given before hand. Frasers Logistics and Industrial Trust announced a Private Placement and non-renounceable preference offering in April 2018, to fund the purchase of 21 properties in Germany and Netherlands from its parent Frasers Property Limited. As there are new units issued, usually a REIT or stock would declare an advance dividend distribution for existing shareholders, which the shareholders who joined later through the preference offering and placement, cannot enjoy. In the launch of equity fund raising article, it highlighted that an ordinary dividend of $0.0361 was...

Read More

Your Income Will Not Stay High Forever and You Do Not Have to Be Vegetarian Forever – The End-Of-History Illusion Explained

The SARS period was a hard period to live through. Singaporeans, and the citizens in this part of the globe have to get their working lives adjusted to disruptions and the fear that, if we don’t take care to listen to some of our health indicators, we are going to be in a lot of trouble. For the company it is tough as well, because everyone have to take their temperature and if you run a temperature, you cannot go to work. Productivity was reduced drastically. It did not help that in 2000 to 2002 we have a pretty...

Read More

Have I reached Coasting Financial Independence at 33 Years Old with $550,000 – Reader Question

Up till now, you have manage your money well, create a good wealth foundation for your family. So could you make a career switch to another industry by taking a much lower pay? I received this question from my user about his current financial situation. He would like to seek an employment that is more meaningful. He did his sums and it seems he has a good plan. He would like to get a second opinion about his situation and his possible plan going forward. So let us get right down to it. His Family Situation So here is...

Read More

Compounding requires Absorbing Damage so You’re Never Forced to Quit

I saw this quote as part of Collaborate Fund’s Little Money Rules and thought that this is an important statement. So I wish to pen some short thoughts. Many of us got into wealth building by being exposed to the power of compounding. We start small with some money that we had that seem insignificant. No matter how insignificant, we kept accumulating it. We try to get better in our career, increasing our income, watching our expenses. As we keep doing this, the gap between income and expenses increases. This is our wealth capital. We then invest our wealth...

Read More

Swift Actions By the Government to Raise ABSD and Loan to Value Limits After Some Tough Talk by MAS and DBS Chiefs

Before the markets can digest the news, the Singapore government came out with a new set of property cooling measures at about 7.30 pm yesterday evening (5th July 2018) What happens next is that a slew of almost ready to launch projects was released at 8pm yesterday evening including the much reported Riverfront Residences in Hougang. What was surprising was the speed of the execution: Managing Director of MAS Ravi Menon warned on Wednesday, telling individuals who purchase property to be careful. Interest rates are rising, be cautious of debt servicing burdens, avoid taking on too much leverage when...

Read More

Singapore Savings Bonds SSB August 2018 Issue Yields 2.57% for 10 Year and 1.78% for 1 Year

Here is a higher yielding, safe way to save your money that you have no idea when you will need to use it, or your emergency fund. The August 2018’s SSB bonds yield an interest rate of 2.57%/yr for the next 10 years. You can apply through ATM or Internet Banking via the three banks (UOB,OCBC, DBS) However, if you only hold the SSB bonds for 1 year, with 2 semi-annual payments, your interest rate is 1.78%/yr. $10,000 will grow to $12,601 in 10 years. This bond is backed by the Singapore Government and its available to Singaporeans. A...

Read More

Like us on Facebook

Follow us on Twitter