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...]

Building Sustainable Dividend Machines: Key to Sustainable Dividends is Knowledge and Action Plan

Late last year, I met up with a new co-worker of mine. He recognized me back in office, when he remembered seeing me at a recent Annual General Meeting (AGM) for a company that I invested in. So we had a lunch date. When I met him for lunch, I noticed he drives a big car, a vehicle that is more fitting for a director than your typical engineer. That puts a question in my head, whether an … [Read more...]

Why do some graduates better adjust to work place and perform better?

How many of you were given a user manual how to be successful at work? What are the things that you should do and things you should not do at work? This is something that was on my mind some time ago. This is especially so for the graduates fresh out of university and going into the working world. The transition from being a full time student to a full time employee can be quite a … [Read more...]

FSMOne – One Platform that allows you to Manage Stocks, Bonds, Unit Trust, Exchange Traded Funds

When I started learning about investing, I started from learning about funds. Not from banks  but from online shops such as Fundsupermart and Dollardex. When you spend most of your time online, your retailing habits are different from other people. I learn about how much more expensive banks charge us for selling units trust‘s. I learn about different asset classes, portfolio … [Read more...]

Australian Tax Office comes down hard on Taxes paid by Trusts – how this affects the Non-Resident Singapore Investor

The Australian Tax Office (ATO) are cracking down on trust structure, and may result in these trusts paying double the tax they are paying now. What they are targeting are the stapled securities, used for a long time for commercial property deals. This has allowed the foreign investors to pay a discounted tax rate of 15% rather than the full tax rate of 30%. The ones that they are zooming in … [Read more...]

REITs: Turns out Portfolio Rent Reversion Definition Varies from REIT to REIT

Inconsistencies in rental revision computation may give investor an over-optimistic or pessimistic impression of the property situation as well as manager’s ability. Recently, Prime Grade A focused commercial REIT Keppel REIT (dividend yield 6.3%) made an annoucement regarding the way they compute their rent reversion. Rent Reversion Underlying REITs are different properties that the REIT … [Read more...]

March 2017 Singapore Savings Bonds SSB gives you 2.38% interest per year over 10 years period

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 Mar 2017’s SSB bonds yield an interest rate of 2.38%/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 $12,495 in 10 years. This bond is backed by the Singapore Government and … [Read more...]

You could do Everything Right in Managing your Wealth yet still end up Declaring Bankruptcy


Right, this couldn’t have happen. Yet it did. Over the weekend, I listened to a very good interview by Joshua Sheats over at Radical Personal Finance. He was at Camp Mustache, which is a gathering of folks who aspired to reach financial independence earlier than most. He chanced upon an interesting conversation of a lady striving towards financial independence but with an unique … [Read more...]

Selling your REIT – A Framework to Guide you in Coming up with a Decision

When we invest, we want to maximize the total returns we get. Ideally, this means that we get some decent dividend cash flow yearly and the stock also provides capital appreciation. Not all of your stocks end up like that. A lot of the time, you end up holding a REIT for years, hoping and hoping that one day it will fulfill its promise and turn from a losing position to break … [Read more...]

Frasers Commercial REIT (FCOT): Notes from AGM, Initiate Enhancement to Alexandra Technopark


Frasers Commercial Trust (Fcot) maintains dividend in their first quarter result, announces asset enhancement on Alexandria Technopark and some interesting findings from the AGM. FCOT (dividend yield 7.6%) is one of the smallest commercial office REIT in Singapore and I attended the annual general meeting yesterday. At night they released their first quarter 2017 result. I will highlight … [Read more...]

Should an 80 year old be in 100% stocks?


The most common advise may not be the right action that you should take. In everything we do, we always want to do the right thing. And often, we feel that the right thing is to do what the general crowd is doing. This is to be safer in numbers. Charley Ellis is 79 years old. He is a well respected in the money management world. He takes the indexing approaching to investing. For an older … [Read more...]