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...]

The Aviva MINDEF & MHA Group Insurance is Useful in Your Comprehensive Insurance Protection Strategy

If you are a male Singaporean growing up in Singapore, your first encounter with insurance would be the SAF Group Insurance. It is our primer to the world of insurance, before BMTC brings in some insurance agent to tout their products. Over the years, the SAF Group insurance have undergone much changes. Many of which I felt is for the better. Recently, I receive new mailer from Aviva, the company … [Read more...]

Cambridge Industrial Trust’s Manager Sold to e-Shang Redwood Limited – What could be the background?


SGX listed Cambridge Industrial Trust (dividend yield 7.1%) shareholders do take note. The majority shareholders of the manager, managing Cambridge Industrial Trust was finally able to sell their manager to e-Shang Redwood Limited (ESR). nabInvest Capital Partners and CREIM Limited have agreed to sell 80% of their stake in the manager to ESR. Who is ESR? A look up on the internet shows … [Read more...]

The Long Sunset for Oil Rig Demand?


Different industry have different length of business cycle. I can still remember one acquaintance of mine observe closely that the shipping up cycle usually takes place 4 years and down cycle 2 years. He may not be wrong, but in recent times, the shipping supply was so out of wack that the downturn lasted longer than normal. The global slowdown and  challenging economic situation does not … [Read more...]

The Best Singapore Short Term Savings for 2017

I disappoint as a financial blogger sometimes. Managing savings in detail is something I was not very good at. I think its because I always held the idea that it is better for me to focus more on having cash when required versus the return that I get on my cash. Due to that, I didn’t optimize my short term liquid cash well. I think its time to do it a little better. I decide to take a … [Read more...]

Why I think reducing the Starting Land Lease of HDB flats from 99 to 60 years won’t help much


I bumped into a good friend not too long ago while I was on my way to a seminar. The conversation shifted again to one of the topics that we like to complain incessantly about, which is housing in Singapore is expensive. I made a resolution this year not to get into too many debates that lead nowhere but I do have a takeaway that some frightful things such as the fear of not being able to … [Read more...]

50 Year old Lady’s Vagabond Life Living in Changi Airport for 8 Years – What I Learned


We depend a lot on our take home pay to fund our lifestyle. When you have a problem with your cash flow from your take home pay, what would you do? Many would: Try to borrow from friends and relatives. This is difficult because its not often that people are in a better financial situation then yourself and are likely unable to lend you the money Find a job that pays better, or pay at … [Read more...]

Revisiting the Noble Group Case Study on Total Returns

I did some time today to revisit one of the articles I written in the past. It is about Noble Group, a commodities trading / supply chain company that went on a price riot in the past. What needs to be put into perspective was the role of bonus share issues in the past and dividend returns. If we look at Noble Group from a total return perspective, the returns were very good. Noble Group … [Read more...]

My Annual Expense Report – $26,238/yr and its link to Financial Security and Independence

I opine in the past that, you do not need to track your expense or you do not need to budget if you have a good handle of your money. However, not knowing how you spend your money, likely make you unaware of a key data that will make you realize you are closer to being financially secure or independent. I been doing this budgeting and tracking for the past 12 years, so this is a glimpse of … [Read more...]

A Conversation about Wealth and Relationships


There are uber benefits when you build wealth in Singlehood. i am quite confident to say that because I am a living testament of this. Not just myself but there are many folks that I met in my short journey that have shown me that knowledge, plus good motivation can push us easily to create a simple conservative plan to wealth. It is easier because you are the only pilot and the … [Read more...]

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...]