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

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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...]

Frasers Logistics and Industrial Trust FLT – Proactive Renewing Future Leases

Frasers Logistic and Industrial Trust (FLT) announced its maiden financial results after its listing this year. The REIT also declared a dividend per unit (DPU) of $0.0184 versus the IPO forecast of $0.0179. The results were inline, but in this article I want to see whether I can pick out anything that FLT does differently from the local REITs. I have to bear in mind that this is a very … [Read more...]

How to Manage your Investment Portfolio with YNAB or Financier.io

How do you integrate your investment portfolio with your budget? That is the question on many users’ minds when they are thinking whether to purchase a certain budgeting or money managing application to help them make sense of their financial situation. In particular YNAB, or short for You Need a Budget have been rather popular because many people from all walks of life uses it. A lot of … [Read more...]

How do you find out if you have adequate insurance protection?

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This is the question that is on many people’s minds. You will get this question more, lingering at the back of your mind, if you realize how long its been, since your insurance adviser called you up to have a cup of coffee. Or when you realize your friends have insured much more than yourself. Are you under-insured? Your family or yourself may face repercussion when your overall protection … [Read more...]

7 Potential Cross-Currents that Affect the Singapore Economy

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As someone living in this country, building a family and my wealth at the same time, it is important to keep abreast with the environment we live in. This is important because we don’t want to be caught unaware that we have a very bright future and then get a shock that things are really not so well beneath the surface. If you are an active capital allocator, then you need to be concern … [Read more...]

5 Scripts to Stop Your Financial Frenemy From Sucking the Joy and Energy out of Your Life

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When is the last time something like this happen to you? You seldom get to see your long time secondary school friends. Due to family and work, you guys can only meet up once a year to talk about old times, what is changing and happening in your lives. Everything went just fine until they realize how successful you have been in your career and life. The conversation starts to become a tease … [Read more...]

A S-REIT Price Fall – An Opportunity or the Beginning of the End

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If you tune in to my Dividend Stock Tracker on Friday, you would notice that its in a sea of red. We are seeing some attractive REITs, at prices that we seen prior to Brexit. CMT is at $1.95, Ascendas REIT and Mapletree Industrial REIT both yields 7%, with Mapletree having a very low 26% net debt to asset. Starhill Global is backed down to $0.76. Mr Donald Trump and his Policies If we … [Read more...]

4 Strong Reasons to Draw and Pin Up a Wealth Map of where your Money is Going

Why do we end up being a zombie in life? That is a question I sometimes ask myself when I finish a lunch or dinner appointment with someone who is struggling with life. What is a zombie? He or she is someone who goes through his or her life with a goal and purpose that someone sets for him or her. Often, they do not agree with the goal or a purpose. It can also be said that they get so … [Read more...]

The Financial Engineering of BHG Retail REIT

There are 2 REITs that originate from China recently. One of them is BHG Retail REIT and the other, is EC World REIT. BHG Retail REIT reports their latest quarter result and they provided a very thorough slide deck to update investors. When they IPOed, the price was at $0.80. It stayed there for a while, before falling to $0.59 recently. Your exposure to China property need not be limited to … [Read more...]

A World Divided By Haves and Have Nots

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Yesterday was a special day. It was special because other than for sports, this is one of those rare days that folks in Singapore care so much about what happen in the USA Presidential Election. They could choose to eat bad food just so they can keep in tune with the vote counting. When I went over to a vendor presentation, that is what was discussed as well. I think humans like to see … [Read more...]

Review of Singapore Commercial REITs for 2016

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The quarter for financial reporting done by all the Commercial REITs is almost over. This is the last quarter of 2016 and it looks like the REITs have made it through a rather challenging year. It is good for us to do a stock take. The Main Metrics These 5 REITs predominately have office property in Singapore. 4 of them with Grade A prime properties and Frasers Commercial have 50% in … [Read more...]

How to Review a REIT Quarterly Financial Report and Slides – Mapletree Greater China Commercial Trust (MGCCT)

Mapletree Greater China Commercial Trust (MGCCT) a Singapore based REIT announced its latest quarter results on 27th October 2016. The REIT invests in a Shopping Centre in Hong Kong Kowloon area, a commercial business property at the heart of Beijing business district and commercial buildings in Shanghai, where the tech scene is vibrant. There are 2 objectives that I hope to achieve with … [Read more...]

December 2016 Singapore Savings Bonds SSB gives you 1.87% interest per year over 10 years

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The Dec 2016’s SSB bonds yield an interest rate of 1.87%/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 $11,908 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 1.79%/yr for 10 … [Read more...]

The Biggest Money Hack – Curating Your Beliefs & Values Versus Budgeting Money

I got frustrated. This was the umpteenth time that some money case study that is presented in front to me that could be solved in a faster and easier manner. Yet, like most situation, my friend here have to live on, carrying this financial stress in his mind. It was one problem, and then another. And then another build on top of them. If you live through life this way, plagued by money … [Read more...]

Falling Rentals, the Next Hotspots and the Current Property Market

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If you are an investor, or just a curious soul, you may have a need to look from the third person perspective how is the current situation on a subject. You may not have a vested interest, or you may have, you just want to answer the question whether are things really different from the main story line. That is my view of the Singapore property market. I am not invested, but as a person born … [Read more...]

Disability Income Insurance – A Comprehensive Look at an Important Protection for You

About 7 years ago, my good friend told me about what happen to his boss. Then, my friend was working in a bank doing product control and his boss manages a team of six. One fine day, his boss got into an accident while on the road. His life was not in danger. However, he damaged his lower part of his body and they have to do a few operations to repair the hips. Then, the boss have to rehabilitate … [Read more...]

November 2016 Singapore Savings Bonds SSB gives you 1.79% interest per year over 10 years

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The Nov 2016’s SSB bonds yield an interest rate of 1.79%/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 $11,816 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 1.79%/yr for 10 … [Read more...]

Lifetime 50% NCD Guarantee – FWD Insurance Pushes the Singapore Insurance Market

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If you are a proven safe driver who has earned a 50% NCD, wouldn’t you like to keep it for a lifetime and not be penalized if an accident unfortunately happens? If you are shopping for travel insurance, wouldn’t you like to get a plan that meets your needs, with a fast and simple claims process, at a competitive price? If you are looking for DPI Insurance, wouldn’t you like to be able to purchase … [Read more...]