February 2017 Singapore Savings Bonds SSB gives you 2.44% interest per year over 10 years period

The Feb 2017’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) $10,000 will grow to $12,495 in 10 years. This bond is backed by the Singapore Government and its available to Singaporeans. You can find out more information about the SSB here. Last month’s bond yields 2.18%/yr for 10 … [Read more...]

How you can Pay for your Parents’ Medishield Life Premiums and Top Up your CPF Medisave for Tax Reliefs


When one of my parents went down with some problems last year, some monetary problems happen. The CPF Medisave got depleted, till the point that the account cannot pay the Medishield Life annual premium. This becomes a problem to continue treatment as it may jack up some of the hospitalization costs without the health insurance. That is when I dove in to study more about how we can go … [Read more...]

Make the New Year Better Than Last. Embark on an Uncomfortable Struggle so that You can be Happier

Over the years, I realize that as I take care of myself financially, I thought this will make me happier. Then I realize having wealth is just an enabler for a good life. You might put yourself in a satisfied position. However, what makes us happy can be elusive. If you earn less than $36,000/yr in gross income, which means you take home $2,400/mth, putting yourself in a financially … [Read more...]

Spending your CPF or EPF within 3 to 5 Years or 30 Days is Generally Not the Most Sound Thing to Do

Let’s take a break from talking about the CPF. There are times when we can learn much from reading about the government public or private pension systems in other countries. Most people think it is about money. It is about money but its more than that. Its about managing money for a group of diverse group of people with the objective for a diverse group of people. And this is a … [Read more...]

Mr Goh Keng Swee warned us about it. Yet we are still trying to figure out this Entrepreneurial Model

The Edge Magazine came up with a good year end series highlighting the challenges that Singapore phase going into 2017. One article caught my attention because I was surprised it can be so hard hitting in a delicate manner. The article talks about our current economic model, what is wrong with it, and do we need to move to a new model. The Edge sought the opinions of 3 subject matter expert … [Read more...]

If You were to Renovate your Home again, how Differently will you do it this time?


One of the early pain points back in 2000 shaped the way I looked at what are things that I value and do not value nowadays. Back then, my parents bought a new flat and like all for flats they don’t come with much so you need to do the work. My dad was especially looking forward, since for people their generation, big homes equate to wealth or you have made it. Being a contractor, he … [Read more...]

Reviewing a Short Land Lease Industrial Property Purchase – Cache Logistics Trust’s sells Changi Districentre 3 Case Study


Singapore listed logistics REIT Cache Logistics Trust (dividend yield 9%) 2 days ago announced that they will be selling of Changi Districentre 3. We take a snapshot of this divestment and cover: How we can evaluate a REIT manager’s acumen from their past strategic decisions Is Cache making a profit on this divestment? Does it make sense to acquire a property that has such a short land … [Read more...]

Sabana Industrial REIT Does 42 for 100 Rights Issue to Fund Non Accretive Acquisitions


I have written yesterday, providing some thoughts on Sabana Industrial REIT’s (9.3% dividend yield) very busy 2016 year end of acquisitions, divestment and master lease renewal. What was missing was how Sabana would finance the acquisition. This morning the financing details are out. Sabana will finance the acquisitions by raising SG$80 mil via rights issue: For each 100 units, you … [Read more...]

Sabana Industrial REIT’s Heavy Year End Acquisitions and Disposals


We are winding down the year end, but for industrial real estate investment trust Sabana (dividend yield 9.3%), they are not taking it easy. We are suddenly seeing a  flurry of deals happening. This article will provide some analysis on the acquisitions and disposals and some of my thought process when I look at these deals with Sabana’s current situation. On 5th December, Sabana managed … [Read more...]

What You Misunderstood about Delay Gratification and its Impact to your Wealthy Journey

When you start this journey, you realize that there are some things that are not so good that you are willing to change, and that by changing, you can achieve something far better. Some of us have it easier. We could just flip a switch in our head and do a 180 degrees change. Some of us find it so hard to make even the small change. You eventually fell off your objective because it is too … [Read more...]

How do you find the Total Transport Fares for your Bus or MRT Rides In a Day?

I track my expenses in Quicken for the last 11 years. That means that on a daily basis, what I consume (whether goods or services), I will input them in Quicken. One of the main problems is that, sometimes I took a trip that I was not familiar with, say I need to meet a friend at City Hall, and then I come back home. Usually, if you go to the MRT Station Machine, where you top up your fares, … [Read more...]

China and the Holy Trinity of Growth Stock Criteria

Kyith: Today, I am going to bring you a less long winded article. And there is a good reason is concise to the point. This is because its written by my friend Kim Iskyan. Kim comes to us with a lot of experience. He was an analyst, head of research oversea research teams. In his past capacity, he has covered the various opportunities in pockets of emerging markets and comes with a wealth of … [Read more...]

M1 and Starhub Price Fall – An Opportunity or Value Trap?


M1 and Starhub are 2 of the 4 telecom stocks listed on the Singapore SGX Exchange.  The other 2 being Total Communications DTAC of Thailand and Singtel. In recent months, the prices have gone down by more than their average volatility. This might present a buying opportunity for many or investors may not be aware why the share price went down. Let me put down some of my thoughts so that … [Read more...]

The Truth about “Not Wanting A Lot” and its Impact to your Wealth

2 years after I started work in 2006, one of my co-worker who was rather inquisitive (and intruding my personal bubble a lot with her questions) told me about a lady friend of hers. She says that this gal friend of hers struggled to find a good man to get married. Her gal friend have very simple wants, which is what puzzled herself why its so tough to find the right man. She just want her … [Read more...]

Negative Cash on Cash Return Bites Single 45 Year Old with 6 Investment Properties

Property investment is one of the most popular wealth machines in Singapore. It has create a lot of wealth for a lot of people. Due to that, people advise their peers the way to build wealth through properties. The New Paper interviewed a single 45 year old Property Investors current situation to profile the weak leasing market. She works in the sales industry and earns $20,000 per … [Read more...]

Ascendas REIT buys DNV GL and DSO National Lab Buildings, leases back to them for 16.5 years


One of Singapore’s largest REIT, Ascendas REIT (6.7% dividend yield) continues to show their ability to rejuvenate and tweak their portfolio by purchasing 3 blocks of office buildings in Science Park Drive. With the acquisitions, a large part of science park 1 belongs to them. Even in this challenging climate, where industrial supply is increasing, they are not afraid to make acquisitions. It … [Read more...]

What Financial Instruments should a Newbie 25 Year Old with $50,000 Build Wealth with? – Reader Question

From time to time, I do receive questions and opinions from readers, on different topics. I am not a financial adviser or not registered to provide financial advice but there are some topics that I can provide inputs to debunk some fallacies but also to enlighten the pros and cons of some plans. I received this mail from a young reader with $50,000 to invest. He has learnt about the wonders of … [Read more...]

January 2017 Singapore Savings Bonds SSB gives you 2.18% interest per year over 10 years


The Jan 2017’s SSB bonds yield an interest rate of 2.18%/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 $12,228 in 10 years. This bond is backed by the Singapore Government and its available to Singaporeans. You can find out more information about the SSB here. Last month’s bond yields 1.87%/yr for 10 … [Read more...]

Killing that Demoralizing Feeling when you Start Chipping Away at that Money Goal

I am really bad at motivating people. It is a good thing that I may have friends and family members in debt, but I do not need to be the one to motivate them. If someone asks me: How do you clear a $50,000 unsecured personal loan or credit card debt? My answer will be: Don’t get into it in the first place! That is not helpful at all (perhaps that is an easy way out of getting my hands … [Read more...]

Is it Better for You to Only Know One Way of Making Money?

I was at a gathering recently where I get to interact with many knowledgeable yet interesting people in the finance space. During a conversation, I was asked that since I write about different ways to build wealth, how do I segment the different ways to build wealth into my strategy? My answer is that: Currently I do not have many different ways. I believe I only have one kind … [Read more...]