Author: FinancialVeracity

5cent, 10 cent, 20cent – The best place to deposit your coins

if you’re a lazy ass like me who just doesn’t want to due with asking people to change with you. I wanna bank in 228 coins (72 50cent, 36 20cents, 110 10cents, 10 5cents) = $65.5 Currently I have 5 Options to choose from: Posb/Dbs – Charges $0.012 per coin (Cost : $ 2.74) Singapore Mint – Charges $3.75 for every 1,000 coins (Cost : $3.75) OCBC – Charges $1.50 for every 100 coins (Cost : $4.5) Citibank – Charges $5 for total coin value below $200 (Cost : $5) Standard Chartered – Charges $5 for total coin value between $20-$100...

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Perennial Real Estate Holdings – What really matters in a Bond

Bond is berry safe Perennial is an integrated real estate and healthcare company, some famous building would be AXA tower, Triple one, Chijmes, Captiol, Chinatown Point 1.Learning the basics 2. The numbers – Financially healthy  Net Asset Value Per Share stands at : 1.345 Debt to Asset : 32.6% (2015) Net Debt to Equity : 50% (2015) In a “Bond” shell, what we (consumer) should look for is the ability of the company to be constantly paying back our money and our purchased value of it… we would’t want to be paying $1,200 (example)  for the bond and getting $1000...

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Insurance – All you need to know in 5 mins

what we seek from insurance is a peace of mind…. but does it really gives it? maybe it does? The 4 Main Types of insurance Term Life  “Term” states that it is for a period normally 5 – 30 years coverage It allows you to choose what is to be protected and hence allowing you to pay lesser premium (Cover only what is needed to be covered) Pure insurance benefit (Very little to no cash benefit ) Endowment (Part of a Term Life Policy) All you need to know it acts something like a Fixed Deposit Whole Life  “Whole”...

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Ellipsiz (BIX) What really matters in a Stock

the only thing that confuse us is our desperation to get rich quick Ellipsiz is in the semiconductor industry 1)  Identification of Companies that are undervalued. Price to book ratio : 0.491 (GSS promotion – 51% discount) Price to earning ratio : 6.533 ( Under valued – Below average < 9.376, Might not be performing so well as compared to its competitor) 2)  Learn about Their numbers Total Asset : $156.39 Mil Total Liabilities : $28.269 Mil Net Asset Value : 76.43 (True worth of each share) Growth Performance : 42.14% Current Ratio : 3.2 (Ability to pay short – term...

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KSH Holdings Limited – What really matters in a Stock

this just becomes a signature heading To answer the previous question more specifically on what companies I should look at…… I normally use SGX Stock Facts Function to help screen out companies with Numbers that interest me Sgx.com 1)  Identification of Companies that are undervalued. Price to book ratio : 0.835 ( Discounted by 16.5% of its actual value) Price to earning ratio : 4.066 (The company is in the average growth & price level across the other companies in the same industry) 2)  Learn about Their numbers Total Asset : $532.035 Mil Total Liabilities : $132.67 Mil Net Asset...

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Learning about Tax Scheme – Making you rich faster

aiya its just small money…so lazy to read and understand Currently Singapore have 4  Tax Scheme; Area representative Scheme – If u work out of Singapore often & you’re hired by a foreigner that pays u remuneration to your foreign bank account. Non Ordinary Resident (NOR) Scheme – Mainly for foreigners Supplementary Retirement Scheme (SRS) – for everyone earning above 30k/yearly Angel Investor Tax Reduction Scheme (AITD) – for investors SRS It’s a voluntary retirement scheme initiated by the government that allows u to park your cash (a part of ur salary) to reduce your chargeable income (reduce tax to be paid) yet at the...

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Value Investing – What Really Matters Series

wa so many thing to take note of, like that by the time I evaluate a company I sure pass away one. What company should I look at?? -something I’m familiar with? or everything since diversity is a good thing? This is a question that many have asked but little have an answer to it, even for me, but what I do know is it that I’m looking for companies that are selling at a discount due to past inadequate evaluation/market cycle. (I love cheap stuff with value – Karang Guni) Identification of Companies that are undervalued. Price to Earning Ratio Price...

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Steps to open a Standard Chartered Securities Trading account

I don’t know how to do it, so tedious… because got no one to help me Step 1 : Locate a branch near you https://www.sc.com/sg/atms-and-branches.html Step 2 : Go to that branch (during non peak hours) that you have selected  Try to avoid peak hours! I’ve done mine within 30mins Step 3: Approach the ticketing counter (There will be an assistant/agent standing there) and ask to open a securities trading account If you have an existing bank account with Standard Chartered, your process will be quicken by half the time. If not (Like me), You will have to open a...

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Starhill – What really matters in a REIT?

52 Indicators/ 1 Billion trading seminars / 1 Gozillion trading “proven” methodologies I would say it is impossible for you to study everything and then choose the one that best fits you. Because by then, you would have probably passed away ( I know i would). So why Numbers are important?? Price to Book Value – 0.87 (This shows that the stock is undervalued)                                      Would u rather pay the full $186k for a Mercz CLA 180 or $161.82k? Total Debt to Equity Ratio – 55.893...

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How do I plan to increase my Knowledge (2 Steps)

but everything must pay…like that how to achieve financial independence  That sentence itself proves the lack of empowerment in understanding the importance of knowledge and time. Imagine you can cut short the amount of time to learn a single subject from 1 year to 1 month by paying $xxx amount? – But remember the time save = $$$ x $$$ First step – Identify what knowledge you lack of Do not know what to study???? This shows the insufficient knowledge of yourself and that is where you should start. It normally starts with personal development (I’m at this stage now) Coursera...

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Understanding Physical Gratification (Improving the investing mindset)

Whatever I want now has to happen now Have you realised that it is through technology that we start to crave immediate gratification?? The evolution of behaviour is shape day by day through the used of a single technology, for  example when you ON your computer now – it immediately starts up. Remember those day where computers were slow and we were using dial-up to surf the web? you tend to be more patient and understanding. It is not just through what you experienced personally but also socially (Youtube, Facebook, Instagram) – You see people who lives a certain lifestyle...

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REITS – Learning to evaluate (3 Steps)

There’s always a thousand and one way to evaluate What space does SoilBuild Covers? Manufacturing, Engineering, Logistic, Warehousing, Electronics, Marine, Oil & Gas, Research and Development and Value-added knowledge-based activities. What we are trying to look out for in this question is DIVERSITY  2. The numbers (2015 Financial Report) Portfolio occupancy rate – 96.8%  Number of Tenants – 113 No. of properties – 11 WALE (Chance of a property or a group of properties in being vacated)-4.8 Years Credit rating – BBB- Net property income – $67.8Million Total asset – $1.2Billion Total liabilities – $468 million Nav Per unit – $0.8 (Undervalued) 3. In a “Reit”...

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Credit Card – It’s better than cash!

You must be shitting me….HOW CAN CREDIT CARD BE BETTER?? These are the Two best credit cards to consider for  an average Singaporean (who does a lot of grocery shopping, petrol pumping and dinning outside) HSBC Visa Platinum Card  All you need is a $30k annual salary So let’s do the math together…. My family grocery (before the rebates and discount) will sum up to $400/Monthly, Petrol $320/Monthly, cable & bill payment would be at $150/monthly and dinning $200/monthly this means my family pay up to $870/Monthly. This means my family fulfils the second criteria!! So lets count how much we do save...

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Singapore plans to become the world’s first smart nation (Things you should know)

1) The importance of programming Kids (starting from 5 years old) in China and England have mandatory computer science class – where coding and hosting are being taught to them. This is where it build a huge gap in Singapore’s future workforce. 2) Investment opportunity This year, the government has committed US $13.8 BILLION in a 5 year plan to build innovation and technology adoption in companies and value creation in economy. This creates a thousand and one opportunities for us as investor to ride on! Health care, information technology, creative industries, fintech, retail and education are sectors...

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Housing – Buying/Selling (Learn it in 1 chart)

Singapore Property Price Index is the only thing u need to know Resale & New flat (SRX) – Overall an uptrend market The property index depicts the current health of the property market hence knowing this is vital. Looking at the chart, the first area (Between the red lines) was caused by the dot-com crisis followed by the gulf war. In 2005 (Green line), Government injected stimulus that boost the housing price. Lastly, 2008 (Last set of red lines) the housing bubble crisis. Learning to interpret the chart will help you in buying and selling your house at the so-called “right” time. For...

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