Author: Investment Moats

How I would do a $5 a Day Challenge. (and some nonsensical budget planning)

Some of my friends alerted me to this post where they quote what I have written. The lady, Marianne, loves a good challenge.  So she proceeded to see if she can survive on $5 a day. By all accounts, she failed. She cites the great Financial Samurai who said that if you are not hurting while you are trying to save, you are not trying hard enough.  And then proceeded to throw me into the mix by saying I advocate a 70% savings rate.  Now, if this article was posted on ChannelNewsAsia I would have gotten some serious burn....

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Lippo Malls Indonesia Retail Trust (LMIR)’s Lippo Mall Puri Purchase is Organically Not Accretive in an Obscene Way

I do not understand this acquisition by LMIR.   They currently have a dividend yield of 10%. Then they proposed to buy this mall which will reduce their dividend yield. I did some notes for a friend, so I thought I will put it out here. For those who are invested in real estate investment trusts (REITs), the company not just pays you dividends. Sometimes they do ask for money from you again. And again. So you got to be familiar with all these rights issues, placements, preferential offerings. If you don’t learn about this, better not invest in REITs....

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Josephine Teo’s data of Singapore Elderly’s Low CPF Payout is Depressing. Still, it meets the CPF’s Expectations of how much in our CPF we Should have

NCMP Professor Walter Theseira asked Minister Josephine Teo how much is the average Singapore elderly getting in their CPF payouts after they turned 65 years old And Josephine Teo replied that 74% had monthly payouts under $500. That has got to make a good headline. And it is such a good headline that The Online Citizen will need to write about it.  You got to be kidding me if you think I can survive on $500/mth.  Josephine Teo provides further break down on the amount that each elderly age group have gotten: This looks really poor, and you wonder...

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FREE Digital Will Writing Service from MoneyOWL

If you write a Will, you have a document that allows your love ones to have a better process of gaining access to your estate.  When a person passed away in Singapore, his possession became his estate.  The estate could include the following: Bank accounts Property Personal Effects Investments The estate needs to be distribute to the beneficiaries. However, the beneficiaries need a Court Oder that gives authority to close the bank accounts, cash in the investments and sell or transfer the property, pay off the deceased’s debts and then distribute what is left of the estate to the...

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What can $10,000 to $200,000 do for you? (That is not flashy)

Growing up, I used to have some relatives and friends telling me not to buy 4D.  It is one Singapore lottery that seems to be less popular as I grow older. My parents used to buy it. Strangely, non of my colleagues, or co-worker mention buying it. Now TOTO, which is another form of lottery, that is another story all together. During Chinese New Year, when the pool of money snowballs to a large million, it is a must purchase for many. I guess a common gripe about 4D might be that, people don’t commit a lot to buying...

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This is Probably Fake CPF News

I saw this article that came up on my Facebook. It’s purpose looks more like to gain sympathy from us and to educate us on the problems of CPF that people are not telling us about. Christopher Pereira was a die-hard PAP supporter. He was known for making figurines of some prominent PAP leaders in the past. He got a shock of his life when he was told by a CPF staff that he should starting saving to top up his CPF savings. He was told he needed at least $171,000 in his retirement account to get a monthly...

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They can change the Retirement Age but Determine the Work You are Meant to Do by Being Financially Secure

The government, the union and the employers are unanimous. They agreed that changes needed to be done on Singapore’s retirement age and re-employment age. Manpower Minister Josephine Teo asked the Tripartite Workgroup on Older Workers to look into whether we need to change the retirement age of 62 and re-employment age of 67 and if they should be made when should they be made. Singaporeans living longer. Josephine Teo’s data shows that on in two Singaporeans aged 65 today is expected to live beyond 85, and one in three will live beyond 90. Longevity and demand for greater quality...

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The Infinite Harvest Whole Life – The Lifetime Income Generator

If you are getting ready for your retirement, you have to tackle the problem of securing a long term, low volatile cash flow, while keeping your assets intact.  This is a problem posted to me many of times. My solutions is that if you invest in a portfolio of equities and bonds, you have to live with the volatility. However, if you build up your competency, you could safely withdraw 3 to 3.5% of your wealth, and adjust your spending systematically. (do read this further in my retirement planning / financial independence preparedness section) If this is too much...

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Singapore Savings Bonds SSB Apr 2019 Issue Yields 2.16% for 10 Year and 1.96% for 1 Year

Here is a higher yielding, safe way to save your money that you have no idea when you will need to use it, or your emergency fund. The Apr 2019’s SSB bonds yield an interest rate of 2.16%/yr for the next 10 years. You can apply through ATM or Internet Banking via the three banks (UOB,OCBC, DBS) However, if you only hold the SSB bonds for 1 year, with 2 semi-annual payments, your interest rate is 1.96%/yr. $10,000 will grow to $12,175 in 10 years. This bond is backed by the Singapore Government and its available to Singaporeans. A single...

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Why it is So Difficult to Raise the CPF Withdrawal Age of Your Citizens

I think I have some thoughts about things related to the CPF that I would probably share over time. They will be smaller articles some what like this. It is meant more to invite my readers to tell me if they agree or disagree with the points raised and give their point of view. When you are older, you lived with the system more, and as you hear more things, you want to put them out there. I also am privileged to be educated by the CPF team in the past. So I am a pretty good “Wu Jian...

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Hyflux: I could probably see the structural weakness but probably not when things would blow up

I don’t have a lot of friends I know who invested in the Hyflux Cumulative Perpetual Preferred Shares (CPS) or the Hyflux Perpetual Bond. That is because they tend not to be investors in the first place.  I do have fellow bloggers or investing friends that I am acquainted with, that are caught in this.  You can say that you have taken the proper portfolio risk management actions by not making either the Hyflux CPS or the Perpetual Bond a large part of your portfolio, but it absolutely sucks to know that you might lose 100% of this. I...

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The Life Energy Exchange of a Broke $30,000/mth Couple

There was a point in time when I think that you could not fail with a $10,000/mth income. If you have never earn that amount, aspire to reach there, you could have thought of how much things you could buy with that. I have never reached this monthly salary but I do have the months when I get that kind of cash flow when the bonus came in. But if you live a minimalist life, you think this kind of salary is excessive. And someone with this can have a high savings rate that could speed up your journey...

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More High Yield Certainty from Manulife US REIT FY 2018 Result

Manulife US REIT last week announced their full year 2018 results. I was able to have the opportunity to listen in on the earnings results during a brief for the media. For the investors interested in this sector, this is not the first time I wrote about it. To understand the REIT more, you can read some of my in-depth articles on the REIT: My friend B from Forever Financial Freedom have wrote his experience at the Full Year results brief. I think he covered most of the points of discussion from the meeting. I am not sure if...

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Dividend Machines Course Online Now – Taking In the Batch of 2019

At 30 years old, I had 6 years of investing under my belt.  But my returns was heading nowhere. One of the main reasons was that I was trying a lot of different things. So I told myself, its time not to mess around anymore and try one method that I feel goes best with my character. Then I doubled down on it. I lean towards investing for dividends. And what a friend said about respecting value makes sense.  So I doubled down on value investing with a focus on finding dividend paying companies.  I been doing that since...

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Execution, Position Sizing and Financially Irresponsible Stock Positions

You give some people whose job is to invest money, and by a lot of standards they are good at it.  Shockingly only 49% of their picks made money. Some of them was successful only 30% of the time.  At the end of these, almost non of them lost money. They still made a lot of money out of it.  I think this was the part of the article that caught my attention.  The main reason is that it is something that is not often explain in a book, or by course trainers, or in video how to navigate...

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