Author: Early Retirement SG

Keppel Infrastructure Trust

Another stock to add to my series of foolish investments. ​You should invest in a business that even a fool can run, because someday a fool will. ​–Warren Buffett ​This one is not as simple as the previous 2. CapitaLand Mall Trust & Parkway Life REIT So similar to a REIT, infrastructure trusts work pretty much in a similar way. A infrastructure trust owns infrastructure assets, like telephone lines and they rent out the cable bandwidth to telco companies or highways, and they collect tolls from users of the highway. Keppel Infra Trust has the following assets. Essentially, they...

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Is Toto the way to riches?

Yep, I buy Toto. Some people think it’s a ridiculous waste of money. For others, it’s a hope for instant fortune. I’m sure many would think it’s quite unbelievable for me to be wasting my money on Toto. Mathematically, it doesn’t make sense. What’s the probability? 49 choose 6 = 13,983,816 So there’s a 1 in around 14 million chance to win. Cost of 1 purchase is $1 Potential winnings, $1m – $10m So it’s definitely not a fair game. I think about it this way. IF, every week I buy $6, over 52 weeks, this is $312 per...

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You only live once – YOLO right!!!

So I was really thinking about this… It’s all over the place. The younger folk all know about it, UOB credit cards even have a card called the YOLO card… So I wanted to give it more thought… You only live once… That’s pretty true, even if you believe in reincarnation, we aren’t supposed to recall our past lives… so in essence you only are aware of your current existence. As I think about it, it makes a tiny bit of sense… Like you only live once, so we should enjoy our lives as much as we can right?...

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Poverty vs Minimalist living

I posted earlier about minimalist living… So I was thinking, would I really be interested in a true minimalist living? Images of living freely in a trailer in a nice country side flooded my mind. Hey it isn’t so bad. There’s nothing much to think of. I don’t need to pay property tax, I may have some investments and I live off the returns or maybe I’ll take up some part time job somewhere. I’ll be living simply. It’s really quite a romantic idea, looking at the stars and living within a small community. So I was thinking… what’s...

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What's the Problem?

When I was working, we used to ask this… “What’s the problem?” Essentially, it’s what we call, define the problem… ​I’ve bouts of insecurity. It’s normal. I’ve come to accept it as part and parcel of this way of life. I cope with it by mental re-programming. Looking at things from different perspectives. Rationalizing it from other points of views. But every once in a while, the old way of thinking comes back. It’s not so easy to re-program conditioning which has been there since young. Over the weekend, I felt it again. What if I miscalculated? What if...

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Why I think that an endowment plan is a pretty good product

I don’t own an endowment plan… But I think it’s a pretty good product for a lot of people… Ok ok. Before any of you start screaming about what a hypocrite I am… Let’s think about it… Many people do not have the discipline to save regularly. Many people do not have much insurance coverage. A lot of people do not invest or they get FD returns of around 1%. I’m talking about the large percentage of Singaporeans here… Now knowing this… wouldn’t an endowment plan be great for their financial planning purposes? Let’s say a young person just coming out...

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Why I think CapitaLand Mall Trust is an awesome investment

Everyone goes to a CapitaLand Mall within a week. Look at it’s portfolio. Properties located around train stations convenient for the average Singaporean shopper. Current price as of typing is $2.05 Dividend for the past 12 months is $0.112 Which is a 5.46% dividend for the past year. It’s hard to find stable returns at 5%. And what’s the risk? All these properties are located at prime areas where people will go to. Or heartlands where people do their shopping on weekends. So what’s the worst that can happen? In my opinion, if you think that Singapore will still...

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ParkwayLife REIT

So I talked about Capital Mall Trust yesterday and why I think it’s a good investment. You see, I like idiot proof investments. Like what Warren Buffett says, You should invest in a business that even a fool can run, because someday a fool will. ​–Warren Buffett So I tend to short list really simple investments. They may not give much return, but to me I’m ok with pretty average returns, I like to sleep well at night, the company has a low chance of going belly up and that’s good enough for me. Today I’ll write a little...

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The frugal community is really quite a unique bunch

As I am trying to reach out to more potential readers, I wonder, who are my readers? How do I get in touch with them? So I asked a friend to comment on why he would/would not continue to read my blog. I’ve decided to keep my writing style pretty much what it is now, cos it makes posting more enjoyable. Previously when I first started, I was more careful with my words and tried to be politically correct and that just made posting tedious cos I was spending time trying to think of ways to say things nicely....

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What if our parents told us this?

It suddenly dawned upon me, we are pretty much what our parents taught us. Duhz right? So we grow up as kids and they always say, be a lawyer, doctor. No parent tells the kid to be a cleaner. Not trying to be insulting to cleaners, everyone provides a service to society, but really, no parents are going to tell their kids to be cleaners… It’s always been, study hard, so that you can be a doctor, lawyer, pilot, accountant, etc etc. Right? And the story ends there. Most of us would have such an experience? Yes? Our parents...

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The irony of having no ambition and succeeding

So I was watching Guardians of the Galaxy Vol 2 last week. Really watching it from somewhere and not just reading it off Wikipedia. Some time near the end the main character, Peter says… “What’s so wrong with that?” Quote is below. “Ego” is his dad who has god-like powers, so Peter has inherited it, but apparently if daddy dies then Peter loses his powers as well. So I was thinking, what’s so wrong about that. In the FIRE, frugal, ER, Semi ER community, this topic happens a lot. People generally judge this community as lazy, not ambitious, or...

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Spending money to save money…

Ok, so it’s lame, I’m sure we’ve all done this before. We think it’s a good deal, or we have a voucher for somewhere and we go and eat or spend so that we can use the voucher… there’s no real meaning to it… like duhz… how can we spend money to save money? To save money, we just shouldn’t spend it. Simple as that… Well, I had this very same experience yesterday. So I have a voucher for a free crispy pork at Crystal Jade Dining at Vivo City. No minimum spend… So I was like, ok it’s...

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Jumping to conclusions

Between my last post and now has been around 2 hours. And I went out for an event and was reflecting along the way. Like, it’s easy to see others and wonder how come they don’t do certain things good for themselves. Or that they jump to conclusions and say that something isn’t good for them without even thinking much about it. And I thought about myself. How often do I decide something even before actually thinking it through, or trying it out? Yesterday, I found a lobang. There was a company which was intending to run a focus...

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OCBC Promos

I was thinking, since I did a list of deals which I think is worth it for UOB, might as well do the same for OCBC… I found out that OCBC dining promos aren’t as good, yes there’s 10-20% discounts, but that’s not what I’m looking for. There’s so many deals to be found right, so if it’s not really really worth the effort, then might as well go for another deal. So here’s the OCBC list of what I think is pretty worth it. Some in the list aren’t large discounts, like the Pizza Hut, but I think...

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Why? Just Why?

You know… sometimes, I just don’t understand… I always try to understand things, like, keep an open mind, so if someone likes something, or doesn’t like something, that’s their choice. Or if they want to do something, or don’t want to do something, most of the time, they have some reasons. May not be good reasons, but still fair enough reasons. Like, I use my $4 per month telco plan. It’s extreme, cos it takes some setting up and control over the use of data, so I understand why people don’t do it. My wife uses the sim only...

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