How to party a chaotic good character with a lawfully neutral one?

I read an interesting article from wall street journal by Charles Murray here. In his article, he wrote that punctuality, orderliness and thriftiness are the top three personal habits that may make or break your relationship with your other half. I totally agree. Usually these 3 things are the ones that me and my wife would argue about when we first started our journey together. We're like … [Read more...]

What’s good about owning a car?

I had a car for about 2 years now and I dare say it's one of the best things I've bought. This is in sharp contrast to other financial bloggers, who are mostly too quick to dismiss car expenditure as something frivolous and definitely under the category of "wants" and not "needs". I thought I should share what's so good about getting a car in Singapore, rather than just focusing on the dollars and … [Read more...]

Which method of savings will you adopt?

I wonder how many people feel the same way that I did. Whenever I'm busy earning more money, I spend much less time outside shopping or eating at restaurants, so my income shot up and my spending shot down. This resulted in my savings rocketing skywards with a boost in earned income and a drop in expenditure. Conversely, when I'm more relaxed and have more free time because work winds down, I … [Read more...]

How to ride through the bicycle of life

I went for a course on learning how to ride a bicycle recently. The course last for 2 days and I just completed the course on Monday. It was great! The experience is well worth the money ($190 per person, including rental of bikes) and is further enhanced by the fact that I'm doing it together with my wife. Coincidentally, both of us didn't manage to learn how to ride a bicycle when we're younger. … [Read more...]

Allocated 2 excess rights units for AIMSAMPI rights exercise

This post wraps up the entire episode about the rights exercise for AIMSAMPI Reit.Before the counter went XR, I bought 6 lots of aims mother shares at 1.385. I didn't buy any nil-paid rights off the market. I'm entitled to 1050 shares of rights units, and I've fully subscribed and applied for excess rights units too. Today on 20th March 2014, I checked my CDP account and saw that I've a total of 8 … [Read more...]

Need a seat? Just ask for it.

I was reading the news about Singapore being unkind and ungracious with interest. There's a lady reporter, being pregnant and feeling nauseous, wasn't offered a seat when she took the MRT. Even our top politicians are remarking on that.I think that if you are in a restaurant, seated, and nobody comes up to you to take your orders, you should wave your hands wildly and call for attention. That will … [Read more...]

Elderly folks getting bullish?

I noticed that quite a number of elderly folks wanted to put their money to better use. They realised over time, that the miserable interest offered by banks are not keeping up with the general rise in prices. This had been going on for some time after all. Perhaps they heard stories where their friends, or sons or daughters are making a good harvest from investing in the stock markets. Being in a … [Read more...]

To remember, you have to suffer every now and then

People are funny; only when things that matters to them disappear, will they realise how much they lost.Recently, I had a very bad bout of flu. It's so bad that I was quite immobilised for 2 days. On the 3rd and 4th day, I've no choice but to drag myself off bed and go to work. Thankfully, it's all over now and I'm fully recovered. But the illness did make me so happy that I'm healthy. Imagine … [Read more...]

Accepted, applied and paid for Rights Units!

Today I went to an ATM and exercised my rights units for AIMS AMP Capital Industrial Reits. I bought 6 lots, entitled to 1050 shares of rights units, applied 950 shares to round up my odd lots and also applied an additional amount for excess rights. All these rights entitled and applied are paid up in full (plus another $2 for the service fees) by the time I leave the ATM.Again, the last date of … [Read more...]

Rule 4: Living on last month’s income

Had a pleasant surprise this March.When I opened my YNAB to do my monthly budgeting, I realised for the first time that I'm having a $0 for my budget from Mar instead of having a negative number. For those who don't have YNAB, you might not realise how fulfilling this situation is. Since they are using a system where every dollar has a job to do, having a non-negative starting budget value for the … [Read more...]

The hidden effort behind every visible results

In a meritocratic system, where hard work is the foundation of success, does it also mean that failure is the result of the lack of hard work? This question bothers me enough to write about it.Let's imagine a scenario. John and Jane are in the same class and they took a math exam recently. John got 80 marks and Jane 40. We naturally congratulate John for his good results and at the same time, … [Read more...]

AIMS AMP Capital Industrial nil-paid rights counter are listed

Thanks to a reader, I'm alerted to two new counters in SGX that is listed but not traded yet. These are the rights counter set up to allow holders of AIMS AMP Capital Industrial reit to trade their rights issues.They are AIMS R (counter code: TZ7R) and AIMS R25 (TZ8R). AIMS R should have a board lot size of 1000 shares and AIMS R25 should have a board lot size of 25 shares. With the R25, any … [Read more...]

Why my parents are so eager to invest

My parents passed me another 60k to invest around early Feb. This is after the initial tranche of 50k.I found out a bit more why they are suddenly so keen to put their money to work. They said that they've put it in the savings account for almost 10 years, then realised that the interest is so pathetic, so they wanted to get their money to work harder for them. Initially they wanted to put into … [Read more...]

How I suck at primary school math

A good friend of mine asked me to solve this primary 5 math problem for her. It goes like this:At a charity walk, 150 participants were adults. 1/3 of the children were boys. If 1/4 of the participants were girls, how many people were at the charity walk?Can I do it? Of course, but I've to use algebra. I managed to get it in the first try, maybe in less than 3 mins? But you and I know that primary … [Read more...]

How to apply for rights and what are the options?

Wow, sometimes I surprised myself by my older post.. I did a newbie guide's to shares long long time ago. Happened to click on it again and I saw that I had made a very detailed guide to apply for the rights, right down to which option to choose when pressing on the ATM! It's very useful for me because it's been a while since I last had a rights issue.So here we go, I attached the part that is … [Read more...]

Capital Mall Trust (CMT) bonds balloting results are out!

The balloting results are out for the Capital Mall Trust (CMT) bonds. The announcement is made here.Some comments:1. The balloting ratio of 1:1 means that everyone who applies will get some. Might not be all but at least you won't go empty handed.2. They are quite kind to small investors. Everyone who subscribed 2 to 10 lots will get 100% allocation. This means that if you apply for 8 lots, you'll … [Read more...]

Capital Mall Trust (CMT) bond issue timeline

I finally managed to get a digital copy of the prospectus for the Capital Mall trust bonds. Couldn't find it at MAS Opera site, as promised by them. Anyway, when I tried to get the bonds through internet banking, the prospectus are there for all to read.No mention of any early redemption or special step up interest. But again, the clauses inside the prospectus must have included something for them … [Read more...]

How to hack AIMS AMP Capital Industrial reit Rights Exercise

AIMS AMP capital industrial reit announced a rights exercise last Friday. It's a confusing 7 rights units  for every 40 shares of mother shares at a rights unit price of  $1.08. I can never understand how they derive these kind of strange numbers. Anyway, I'm interested to arbitrage on the rights issue and I'm sharing this on the point of view of someone who has no shares of aims at all … [Read more...]

DBS 4.7% preference shares redemption part 2

Seems like there's a lot more to say about the DBS 4.7% preference shares redemption. I've been a little unfair to DBS on this previous post here. From well informed friends (thanks cory and pero), I learnt that DBS actually exchange that preference shares with another one with higher payout and shorter tenor around Nov 2013. This is done because the older preference shares no longer qualify as … [Read more...]

DBS 4.7% preference shares redemption

I was alerted this morning by a notice from DBS to redeem the 4.7% preference shares. It's here. My first thoughts are that I haven't even got the interest yet from the preference shares and now they are redeeming it?! Upon closer examination, I realised that they are redeeming back another preference shares, one with the same coupon interest of 4.7% but not listed in mainboard SGX. This one … [Read more...]