How much can A Young Singaporean Adult Earned in the Next 10 Years?

One of the biggest uncertainty for a young adult is that you are unsure where your career will take you. Or whether you will stay in that career at all. Many people took a particular route and realize that they hate their job. This is why sometimes I feel doing 2 years of work in your industry before taking a degree might calibrate your university decision better. As we start working, … [Read more...]

Rickmers Maritime Winds Down. My thoughts on Position Sizing, the True Value of Ships and Prospect Theory

As human beings we tend to be risk seeking(gungho in taking on risks) when we should be risk adverse (afraid of taking risk) and vice versa, often at the wrong time. In the case of Rickmers Maritime, I am not sure which is the case. Rickmers Maritime is a business trust that I wrote about in the past that operates a collection of container ships. They were charter out during the good times … [Read more...]

HDB Lease does Expire – How you can Win with your HDB Flats

A portion of Singaporeans got a jolt these few weeks when National Development Minister Lawrence Wong said that not all the old HDB flats are eligible for Selective En bloc Redevelopment Scheme (Sers). Under SERS, the HDB acquires ageing blocks for redevelopment, compensates residents at market rates for their old flats and lets them buy new units nearby at subsidized rates. What shocked … [Read more...]

How Much should You Save Each Month in Your 20s?

This is one question that I get a lot from people I interact with for the first time. This is especially good if it comes from a person just about to start work, or have started work for one or two years. However, when they ask this question, sometimes that is not the question that they are trying to find out. The question they want to find out: I want to spend but I want to do the … [Read more...]

Singapore Savings Bonds SSB May 2017 Issue gives you 2.32% interest per year over 10 years


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 Apr 2017’s SSB bonds yield an interest rate of 2.32%/yr for the next 10 years. You can apply through ATM or Internet Banking via the three banks (UOB,OCBC, DBS) $10,000 will grow to $12,373 in 10 years. This bond is backed by the Singapore Government and … [Read more...]

You don’t need an Innovative Term Insurance on your Credit Card Debt. You need to clear your Credit Card Debt


We should be wary about some of the products sold by banks. This week, I got a call from UOB Customer Service. Being a customer of their bank, this was not surprising. I was expecting them to extend some personal loan or investment plan. This time it is a bit different. The lady explain this new feature for my UOB One credit card. How it works is that if I did not pay off my credit card bill on … [Read more...]

How Interest Rate Changes Affect REITs


Real estate investment trusts (REIT) is a class of stock investment that many believe are very much affected by global interest rate changes. For the past 35 years, the world have been in an environment where interest rate is getting lower and lower. There are periods where interest rate do rose, however the trend is down. For the past 5 years, there have been on and off voices that warns us … [Read more...]

The Expected Return Model – How You can Refine Investment Decisions, Prospect Stocks Clearly, and Sleep Better at Night

Back when I was still figuring out all these investment stuff, I always have some questions that I couldn’t find in books or the people I listened to. Some of the questions that often bugs me was: Should I buy and hold investments for a long time? When some event happen, that affects my investments, how should my plan deviate? Should I still hold on? Should I sell or buy more? How … [Read more...]

CPF Talk Review – No General Solutions, Rich Assets vs Good Assets, Opening a CPF SA for your baby, Paying off Home Loans Earlier and Niche Rule of Thumbs

CPF is many things to Singaporeans, and we should be concern about how we can make sense of the CPF, and manage the CPF more efficiently. We conducted our BIGS LIVE on 16 Mar 2017, centering on making sense of your CPF and we have a very healthy turned out. My friends Chris from Tree of Prosperity, Budget Babe and Uncle Createwealth888 provide us with a glimpse of how they live with CPF and we … [Read more...]

TDSR, Seller’s Stamp Duty, HDB Resale Grant Changes Aimed at Helping Singaporeans Cushion an Increasing Challenging Singapore Outlook


There are a slew of changes on buying and selling properties announced in this 3 short months of 2017. The way we should look at these policies is that the government have a few levers that they can pull and push to stimulate on the demand side or the supply side. There are various niche market segments as well. Here are some of my thoughts. Change in CPF Housing Grant for First Time … [Read more...]

Why Fresh Water is Such an Important Commodity – Something to ponder about with the Singapore Budget annoucement


One of the changes announced in the 2017 Singapore budget was that we would be paying a higher tariff if we do not conserve water. This is especially so for those businesses or household who spends more than 4 cubic meters of water. The changes can be summarized by the table above. In the future we won’t have a sanitary appliance fee. The sanitary appliance fee is really stupid if you ask … [Read more...]

How Much do you value having Options in Life?

A few days ago, I was alerted to a comment on my Facebook about a blog post. The author of the post came to a conclusion that it is better to use cash to pay down our mortgage, instead of using our government forced savings, the CPF OA account. I tried to understand why this person who shared this post was not very happy. Turns out, according to him, there is not just one scenario you need … [Read more...]

Singapore Savings Bonds SSB April 2017 Issue gives you 2.27% interest per year over 10 years


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 Apr 2017’s SSB bonds yield an interest rate of 2.27%/yr for the next 10 years. You can apply through ATM or Internet Banking via the three banks (UOB,OCBC, DBS) $10,000 will grow to $12,324 in 10 years. This bond is backed by the Singapore Government and … [Read more...]

Managing and Growing Money the Feminine Way – the Future is Female

She looked at the two of us, not knowing what she should do. When you have her portfolio of problems, it is not an easy situation to get out of.  She was estranged from her mother, who thinks that since she is the only one who went all the way to university, she should contribute the most to the family allowance. It would be great if she could share these family difficulties with her … [Read more...]

My 23 Insurance Philosophy (revised after reflecting on the past 10 years )

Have you wonder if you planned something out, whether you are doing things the right way? 12 years ago, I had the idea how I could plan my insurance protection by doing it myself. I executed it. There were not much resources then in Singapore and the traditional way was to listen and buy what your insurance adviser recommended. These days, readers like yourself are more aware on the different … [Read more...]

UMS Maintains a Full Year 6 cents Dividend Payout and an IPT Acquisition of Klaf Engineering


UMS Holdings announced their fully year result yesterday. Its been sometime since I bought this stock, sold this stock, then bought back again. So here is my brief look at the business Share Price: $0.67 Outstanding Number of Shares: 429 mil Dividend per share: $0.06 (8.9% Dividend Yield) Cash Flow required to pay dividend per share: $25 mil Cash Flow Analysis UMS Income … [Read more...]

How Malaysia’s East Coast Rail and China’s Future Transportation Strategy impacts Singapore

I am a fan of Benjamin Koh at Lighthouse Advisors. Lighthouse Advisors is a value shop for the accredited investors based in Singapore. What is great is that Benjamin’s letters to clients (which was embargoed for 1 year) and the public is a tome of knowledge for people like myself learning investing. Through his commentary. most often we learn about accounting frauds, or ways to detect … [Read more...]

About Motorcycles and the Higher Taxes in the 2017 Budget


I am not a biker. And I am not going to pretend that I am one. However, if you would like to read a perspective from one that has a vested interest, and is articulated, yet have a quantitative slant to things, you ought to read Ian Tan’s piece on this issue. I always enjoyed his writings. It has a lot of sensibilities about life, as well as the society we lived in. (add his blog to Feedly … [Read more...]

Global Testing – That Problematic 9.5% Dividend Yielder

I wanted to write something about Global Testing for 1 year plus. However, due to blogging circumstances, I keep this aside and didn’t write much about it. There are just so many companies to pen my thoughts about. Global Testing have just announced their full year results and declared a $0.10 dividend and a $0.10 capital reduction so I guess let me try to see if I can pen my … [Read more...]

Your Personal Cash Flow Statement – The Complete Guide


There are 2 documents, that in my opinion, tells me whether a person or family is operating in a financially healthy manner. One of the document is their personal cash flow statement. The other document is their personal net worth statement. Today, I will focus on: What is the Personal Cash Flow Statement Why your Personal Cash Flow Statement is Important How can you create your … [Read more...]