Author: SG Wealth Builder

Is The Singapore Stock Market Healthy? A Billionaire Speaks Out

Billionaire investor, Paul Tudor Jones, has a stark message for fellow investors in Singapore. Years of low-interest rates, avers the legendary macro trader, have bloated stock valuations to a level not experienced in the country since 2000. He states that it happened before the tumble of the Nasdaq, which stood at 75% over a period of more than two years. He argues that such a value of the stock market in relation to the status of the economy should be a cause of concern for investors. Hedge fund warning Jones was speaking at a Goldman Sachs Asset Management closed-door conference, as...

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Self-leadership

Learning to learn is a key part of how we manage our lives on a daily basis. Most of us tend to view learning as academic but it actually can be the way we live our lives. In essential, learning also means making the effort to develop self-leadership and knowing more about the people around you. Recently, I had some really frustrating moments at home and faced challenges in parenting. I had been losing my cool and yelling at my kids when they misbehaved. At the rate it is going, my approach is not going to be healthy for...

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SingTel shares to rocket on NetLink Trust IPO?

When Kimly Group, a local coffee shop chain, was listed in Catalist a couple of months ago, it generated much interests among investors and local finance bloggers. With a market capitalization of only $288 million, Kimly Group does not fall in the league of the big boy category nor the blockbuster type of listing that SGX mainboard should be gunning. In this regard, all eyes must be on the mouth-watering NetLink Trust IPO. To put things into perspective, if SGX’s strategy was to sell itself as “Asian Gateway”, then it must seriously start to attract billion dollar listings. Aircraft...

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The Gift of Life

Over the years, I noted a significant change in the social behavior among Singaporeans. We have become more cynical and developed a tendency to politicize issues in our daily lives. The mood has changed to the extent that I feel that we have lost the appreciation of the gift of life. Being the most expensive city in the world, it is true that many of us struggle to make a living in Singapore. But then again, everyone encounters struggles in their lives as well. Nobody is born into this world without any struggles, worries or challenges. If you are...

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Current Estimated Potential (CEP) in Singapore Civil Service

In respond to public perception that the civil service placed too much emphasis on paper qualifications, the Public Service Division (PSD) announced that the civil service has stopped grouping its officers according to their education levels since 1stJanuary 2017. This is a good move because it means that our civil servants will be judged based on their work performance rather than their academic results. This article will discuss the Current Estimated Potential (CEP) in Singapore Civil Service. According to preliminary data from Ministry of Manpower (MOM), 16,600 workers were retrenched in Singapore in 2016. This is a record high...

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Self cultivation

Very often, we get so busy making a living that we forget to live a life. The woodcutter story never fails to drive home in me the importance of self cultivation. The story goes like this: One day, a timber owner advertised for a helper to help him cut the trees. A very strong woodcutter applied and got the job. The pay was good and working condition was excellent. Eager to impress his boss, the woodcutter was determined to do his job well and so started work the next day. In his first day, the woodcutter was extremely motivated...

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Singapore gold bullion market

n the aftermath of the Singapore’s GST exemption for investment grade precious metals since 2012, many bullion dealers has set up shop to take advantage of gold liberalization by Singapore government. In its latest financial results, it was revealed that BullionStar led in Singapore gold bullion market. According to data released by World Gold Council, the overall bullion demand in Singapore decreased to 1.2 tonnes in 1Q16 from 1.6 tonnes in 1Q15. The sluggish demand in physical gold could be attributed to the surge in gold prices seen in 2016. Gold price exploded during that period of time because...

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Singtel share price in supreme form

At a time when Starhub and M1 share prices were dropping like flies, Singtel share price is in supreme form. The corrections for Starhub and M1 shares were due to the announcement of the entry of the fourth telco player, TPG Telecom, which made the winning bid of $105 million for the licence in December 2016. When investing in stocks, always place your bets on the players with the biggest investment moats in the industry. Size matters and you don’t want to catch a falling knife investing in smaller companies which cannot withstand changes in market forces. Singapore market...

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KFC founder got rejected 1009 times at age 65

This will be a short post that I hope to inspire readers. Recently when I tried to order Kentucky Fried Chicken (KFC) online, I wondered how come the logo consists of a picture of an old man. Why not a picture of the founder in his prime? It was then I found out that the KFC founder, Colonel Sanders, got rejected 1009 times at age 65 before he found success. Colonel Sanders was forced to start life all over again in his twilight years. But more amazing was that he got rejected 1009 times before his chicken recipe was...

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Money values

The recent court case of a Singaporean technician who stole to finance his wife’s chemotherapy set me thinking. Money, or the lack of it, has always been the root cause of many family tragedies. This tragedy certainly reinforces the importance of having the right money values. The accused worked as a technician in the same company for 23 years and drew a salary of $1210. Having to support two school going children and his ailing wife who was diagnosed with cancer, the technician was driven to desperation to steal copper wires from his employer. Like many readers, I sympathize...

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The Hour Glass Limited

Recently, I received the following email query on The Hour Glass Limited, one of the famous brands for luxury watches in Singapore. Hence, I decided to craft a post to capture some quick thoughts on this SGX-listed stock. Hi there, Chanced upon your blog while doing research on The Hour Glass Limited. Could I know whats your take on the management shuffle going on now? Quite a few board level executives are moving on. Cheers To be frank, apart from the resignation of Ms Wong Mei Ling as the Managing Director of Singapore, I am not aware of any...

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Scary truth about accredited investor rule

As an investment blogger, my commitment is to deliver quality content so that readers can benefit from reading my blog. Beyond this, I also hope to build a community by engaging my readers. Thus, if you find this article useful, please email subscribe to my blog for free or share your thoughts in the comment block. Today, I will share the scary truth about accredited investor rule in Singapore. I learned about the accredited investor rule a few years ago from a local entrepreneur who worked in the financial sector for many years. He candidly shared with me his experience as...

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Analysis on Raffles Medical Group

On 20 February 2017, Raffles Medical Group announced a record revenue of S$473.6 million for the year ended 2016, demonstrating its ability to maintain growth amid challenging economy. The result was impressive because it presented a 15.4% growth from 2015, driven by positive contributions from all business divisions. Investment moats Raffles Medical Group is one of my favorite stocks which I am not vested in but am constantly monitoring its progress for future investment purposes. Being one of the leading private healthcare service providers in Singapore, this company sets itself apart from the rest of its competitors with its...

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Online frauds in Singapore

Recently, SG Budget Babe wrote a very interesting article on online frauds in Singapore and I thought it would be useful to share a quick post on the same topic. But before that, it is important to note that like many fraud victims, I share the same perspective and argument if I am in their shoes. But for argument sake, this article shall attempt to strike a balance viewpoint from the perspective of the service provider (the bank) and the consumer. Hopefully readers can benefit from this sharing and avoid the undesirable fate of being a fraud victim. Understanding...

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Divested my physical gold

Recently, I partially divested my physical gold for 10% yield amid the rally in gold price. The reason for selling my gold is not because I lost faith in it but solely to consolidate my funds to prepare for the impending Temporary Occupation Period (TOP) for my Executive Condominium. The average annual yield from my physical gold investment is about 3.33%. Although the return is nothing to shout about, it is still above the prevailing bank interest rates. It is also above the average inflation rate in Singapore for the past three years. Interestingly, the inflation rate in Singapore has dropped...

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