Author: Marksman Investment Corner

Thoughts on REITs being negative to an economic system?

Readers of my blog likely knows I’m fond of REITs; they offer a place in income investing portfolios and I have a preference to regular realised gains as opposed to purely paper gain despite less sensitivity to the bull. In spite of the rising interest rate environment, I thought with the right screening and selection of REIT, an investor can still benefit just as much as buying stocks of companies. I come across Donovan’s post (link to his financial blog here, and the Facebook group here) in his Facebook group that kind of blew my mind as this line...

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The Credit Card Rebate Shootout – Part 2 – Big Ticket Items & Large Spendings / Benefits of Installment with OCBC Cashflo over Lump Sum

This is the second part of the credit card rebate shootout series, covering credit card selection that may augment your expenditure management. Previously Part 1 talks about choice of credit cards intended for regular everyday spendings. Credit Card can be a useful expense management tool, provided discipline is exercised in timely payment of the bill. It can even act to reduce effect of inflation on spending to some extent (through the rebates). Most households would come across major expenses for some big ticket items or large bills such as furnitures, insurances and so on. For this article, I explore...

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Portfolio Update – 2Q2018 (and some assorted updates)

In the blink of an eye, we have left the first half of 2018 behind and venture into the second half. Volatility and uncertainty litters the market and investors will need to tread carefully – but nevertheless, I believe there are hidden opportunities hidden in the market now which will appeal to the keen-eyed long-term / mid-term investors. Now, onto the Portfolio update for second quarter of 2018! Income Portfolio Market Price (SGD) Overall Value based on market price (SGD) Allocation Cromwell European REIT Growth Portfolio Market Price (SGD) Overall Value based on market price (SGD)...

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60-month Installment Payment Plan at Courts – a simple lesson in cashflow and expenditure management?

Recently I went to Courts to check out some furniture for my home. While browsing, I realise besides having shorter term installment payment plan (IPP) which comes free of charge, there is also the option of 60 month IPP. For a cabinet costing $899, there is a 60 month IPP option that lets you pay, wait for it… $39.95 a month. Whattt? Multiply this figure by 60 and you get $2397. One would be paying 167% more for the product overall. If you annualise this value, you are paying an extra 33.4% effective interest per year! This is even...

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Termination of High Speed Rail Project – Impact on stocks?

Recently, there has been news announcing Malaysia’s intention to terminate the High Speed Rail (HSR) project, with claims that this project does not financially benefit Malaysia at all. At the point of writing, this does not seem to be firm yet. To share some background, the Jurong area is seeing development for Jurong Lake District. The HSR project is a part of this plan, as Jurong East will be or would have been the site of the Singapore Terminus. This would allow people to get from Singapore to Kuala Lumper (and vice versa) in the span of 1.5 hours,...

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HDB Purchase Chronicles – Actual expenditure of flat purchase upfront

This article is part of a series that shares my journey to becoming a homeowner for the first time. Eventually there will be more article(s) that not only covers the actual cost on purchase upfront as in this article, but also the process of purchasing resale flat using the HDB Resale Portal, the recurring cost and renovation cost. In a few days’ time, I will finally become a homeowner! This month sees the usage of most of my CPF-OA balance as well as the cash for down-payment. Whelp, it looks like I will not be adding much (if any)...

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Reflections – My performance investing in Fraser Logistics and Industrial Trust

Recently, I sold away my (tiny) position in Fraser’s Logistics and Industrial Trust to free up more cash for my new home. I had bought 1000 units at IPO in June 2016 as a way to compound my gains from dividends and distributions earned from CMT and Cache. Subsequently I sold at $1.09, earning $258.5 in capital gain and dividends after subtracting commission, for a total return of 29.22%. Annualised, this is a solid 16.70% per annum. Due to the size of my purchase, commission fee has a more substantial effort on the overall gains. To show diluted effect of commission fees...

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Status Quo Bias in investing?

Recently I had done some reflections about my investing journey, which you can find under the Reflections tab on my blog. It prompted me to think about the influence of Status Quo bias in our investing journey. First of all, what is Status Quo Bias? Status quo bias is an emotional bias; a preference for the current state of affairs. The current baseline (or status quo) is taken as a reference point, and any change from that baseline is perceived as a loss. Status quo bias should be distinguished from a rational preference for the status quo ante, as...

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Cancel my savings plan in pursuit of greater investment opportunities? (2)

This is a follow-up to my previous post on considering cancelling the savings plan (link here). PruWealth’s brochure can be found here. I’m pretty appreciative for the different perspective, thoughts and response offered. I think the topic discussed also open up more things for me to write about. In this post, I’ll clarify some details as well as explore some of the discussion from the comments. 1) 20-year plan The plan matures at year 20, thereafter which there will not be contributions to the principal sum any longer. However, when I signed up for this, I was indeed going...

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Cancel my savings plan in pursuit of greater investment opportunities?

Back in 2015, I signed up for PruWealth, a savings plan that also allows you to nominate someone else to take over (hence hand over the wealth accumulated to the next generation). This was several months before I stepped foot into the stock market. I currently contribute $204 for this plan on a monthly basis and having opted for the 20-year plan, this will go on until I turn 47. Currently I have not included the idea More than that, I have added crisis waiver component as well. The idea of crisis waiver – not needing to contribute to...

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Reflections – My performance investing into CapitaMall Trust

Recently I liquidated my position in CapitaMall Trust at 2.08 per unit for my home purchase. I had bought 5000 units at 1.875 each at the end of November 2015. Originally I had intended to hold for many years to come. I achieved total gain of 24.6%. Annualised over 2.5 years, that is 9.84% per annum. Why I bought CMT– Interest in income investing and developing passive income. – Business is easy to understand.  – Confidence in business as I visit their malls often.– It was going for slightly under NAV due to fear from the impact of rising...

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Epilogue – My thoughts on smart monies outflow from REITs, Telcos and other defensive stocks

Next, take a look at this screenshot – it’s an extract from SGX My Gateway: See the screenshot? What do you see? Yep that’s right. Institutional Investors are buying in SingTel. And Singtel closed at 3.52 on 30th April 2018. Of course I can’t say if this is a temporary affair or they will continue to buy. Keep calm and invest based on your own validated reasoning and conclusion, and not because everyone else is doing the same...

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Reflections – My performance investing in Cache Logistic Trust

Recently I liquidated my position in Cache Logistic Trust (SGX: K2LU), with approximately 13.4% realised returns over the past 2.25 years (when simply dividing the overall gains by total principal sum invested). This gives me 5.95% annualised return. On paper, it is nothing to shout home about, but if I break it down to track each batch of units I purchase, I think I can give myself a pat on the back. :) Breakdown based on per batch purchased Units purchased Purchase price per unit(include comm) Period held (years) Yield on cost Overall gain from distributions Why I bought...

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Portfolio Update – 28 April 2018

It’s time for another portfolio update! Income Portfolio Counters / Assets Market Price (SGD) Overall Value based on market price (SGD) Allocation Cromwell European REIT Growth Portfolio Market Price (SGD) Overall Value based on market price (SGD) Allocation Alliance Mineral Assets (AMAL) Cash / Non-Stock Assets Market Price (SGD) Overall Value based on market price (SGD)...

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