Perennial Real Estate 4.65% bond – Good buy or Goodbye?

BULLy the BEAR - 13-10-10

Perennial Real Estate Holdings is launching their first retail bond. It's a 3 year bond paying 4.65% pa, payable semi-annually and with a min amount of $2k. Is it good buy or good bye? Beautiful name, this perennial word. Perennial means lasting or existing for a long or apparently infinite time; enduring or continually recurring. Unfortunately, the word perennial for this company refers to the … [Read more...]

Frugality isn’t just about saving money

Frugality isn't just about saving money. This article here says exactly what I'm thinking. To me, frugality is about being efficient, which means you spend the right amount of energy, time and money without wastage. And efficiency varies according to the different life stage that you're in. For example, when I was a student with very little pocket money to spare, I'll go all the way to some … [Read more...]

For the Advanced Croesus Rights players

Alright, now that you've read the basics here, you can progress to more advanced stuff. Nicholas Nasim Taleb (NNT) is my favourite modern philosopher and it's a good thing that he dabbles in the market too. His concept about antifragility - to make it out better when crisis strikes and not merely to survive it - is enlightening. So with regards to the rights exercise of Croesus Retail trust, … [Read more...]

For the Casual Croesus Rights players

Croesus retail trust is doing a rights exercise. The mother shares just went XR last Fri and I thought I should highlight the important points to remind myself to take action. I always remember someone losing a huge amount on rights exercise in the past because of some misunderstanding. I hope this won't happen to any holders of Croesus. Here's the details from here: The most important dates … [Read more...]

One in three

In life there's a big C that we're all afraid of. Reportedly, one in three will get this. The statistics are quite grim if you look at the person to the left of you and to the right of you. Out of the three of you, it's eeni meeni miini moh, so we'll see who gets the hot potato. The hot potato happen to fall upon my mum's lap. It happened quickly and the whole family rallied behind her to … [Read more...]

Reflection on my 50k savings journey

AK posted my old articles in his fb and reminded me that I need to keep stock of my 50k savings challenge. While I kept good records intra-year, I wasn’t really paying attention to how I did inter-years, so I thought this is a good time to check back on my savings record since I started 7 years ago. It was way back in 2009 when I started my 50k savings challenge. If it’s not for AK who posted … [Read more...]

Aspial 5.25% bond – Good buy or Goodbye?

Aspial, the group that is better known for the brands under the group: Lee Hwa jewellery, Gold heart, Citigems, as well as the pawnshop that litters all over neighborhoods in Singapore like a blue plague - Maxicash. They are offering a retail bond, one of the rare ones in Singapore, at an interest rate of 5.25% per year. The question on my mind is whether this is a good buy. Bonds being … [Read more...]

My personal inflation rate

Lizardo here did a very interesting take on the inflation rate in Singapore. He found that based on the official recent 35 yrs of history (1980 to 2015), the average inflation rate is about 2.22% (or CAGR of 1.97% pa) . A longer period from 1962 to 2015 gives an average inflation rate of 2.75%. I think the official figures might not mean much to you, because it depends on the price of a basket … [Read more...]

5 ways to avoid emotional capitulation

I know quite a lot of people are sitting on a huge pile of cash, waiting to be deployed into the stock market when the situation presents itself. I'm always very interested in the psychology of investors and how they intend to cope with the volatility of the market. It's really easy to rationalise and say you will cut loss when the counter goes below a certain level and you will buy in when others … [Read more...]

How best to utilize the Singapore Savings Bond?

With the recent announcements of the Singapore Savings Bond (SSB) coming up in Sept, which is just 2 months away, there's a lot more thinking on my part regarding how best to utilise this new instrument to preserve and grow our wealth. The advantages of this savings bond is widely reported in the newspaper. It's that you can cash in and liquidate the bond any time without price risk. For bonds, … [Read more...]

What would change if you earn $25k per month?

I saw a newspaper article today here that talks about the difficulties of older aged PMETs who are struggling to find work after being laid off in the last financial crisis. In the article, there are several examples of people earning (to me) an extremely high income. There's one getting $25k a month and another earning $9k per month. On Sunday Times, there are a few woman earning $10k and $9k per … [Read more...]

Should everyone invest?

Before answering that, let's change it to another question: Should everyone have tuition? No. Because not everyone needs it, though most will probably have to seek some sort of guidance every now and then. If you're highly disciplined, understands what is going on in school and has access to occasional help, then go ahead and do it independently! I also don't have access to tuition at all in my … [Read more...]

6 problems that prevent students from scoring

This article is first published in my tuition site here. I thought it'll be great to share this with the parents and students who sometimes read this site.------------------------------------------In my years of tutoring, I found that there are 6 categories of problems that students faced. I’m going to list out all these potential problems and then we will see how we can reduce or eliminate … [Read more...]

Half year review

Tracking is different from managing goals. If you track your goals but didn't do any reflection, then the feedback system is lost and you might not really use the data that you've tracked wisely. You can even say that tracking is a tool to mine data for reflection, so that you can have a better outcome at the end of the day. Time flies, and the more I age, the faster it flies. Days zoomed by, … [Read more...]

HSI free falling -1450 pts

HSI did a good show today. Following the rise and fall of Shanghai closely, especially the latter, HSI went into free fall and dropped a staggering 1450 points, which represents a total of 5.84%. It's a figure that we don't see often and I thought it'll be good to save a screenshot of today's market close for future reference. So here we go: What good is the knowledge of such things? I … [Read more...]

Ethical investing

Do you have a problem investing in companies that does things that you normally don't do in real life? I give an example here. I am invested in HSBC - the world's local bank - for a pretty long time. That was way back in 2007 when I just started this blog. Back then, the financial crisis had not happened yet and in the span of almost 8 years, a lot had changed. The whole landscape of the global … [Read more...]

Do you have more than 1 alarm in your mobile phone?

BULLy the BEAR - dreams10

My student didn't turn up for lessons recently. It's a group session so the lessons went on as usual for the rest. A while later, he texted me, apologised and said that his alarm didn't ring and that's the first time in his life that it happened. It happened for me as well. Usually about once a year, I'll have screw-ups in my gadgets. I usually set alarms in my phone to wake me up in the … [Read more...]

My thoughts on Pre/Post Financial Independence schedule

I read B's post on pre and post financial independence (FI) schedule here. In it, he put in his planned timetable for pre and post FI. He also encouraged everyone to try it and have a little fun imagining what it'll be like upon reaching FI. I thought about it. I'm not reaching FI anytime soon, though I'm sure I'll certainly reach it one day. I'm a full time private tutor. People thought that … [Read more...]

Being frugal with your time

I was discussing some stuff with the finance gang, and we came up with the idea of being frugal. You know the usual stuff about being frugal with money, but there's also another less discussed but related topic - that of being frugal with one's time. First of all, my definition of being frugal is to be efficient and not be wasteful. The action you do must be aligned with your values. So the … [Read more...]

Not a great tech year for me

This year isn't a great tech year for me. First of all, my old trusty desktop broke down on me and I couldn't get it to start at all. I ended up spending about $800 upgrading the entire things. Thankfully my graphic card did work out in the end, and I probably deferred about another $200 to $300. Then, I dropped my handphone and the screen cracked into pieces. I'm usually very careful, and … [Read more...]