Author: Marksman Investment Corner

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

Based on Donovan’s analyses, Smart Monies are moving their funds away from Defensive Stocks, REITs and Stocks in favour of banks, commodity, Oil & Gas, energy sector – interest rate rising drives these movements. This creates strong support for counters they made their entry and then cause them to be bullish, and price weakness on the counters they have sold (hence bearish due to weak holders). Should you panic then when you find your defensive counters becoming bearish? First reflect and examine why did you buy these counters. Usually our motive behind buying these stocks is their resilience and...

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CPF Musings

Figure I want to do a write-up on CPF after thinking about its usage and my planning for long-term goal. First, let’s start with reviewing the benefits we receive in CPF. Benefits CPF-OA gets a 2.5% guaranteed interest rate. CPF-SA, CPF-MA and CPF-RA gets a 4% guaranteed interest rate. First 60k in CPF gets an extra 1% interest rate, of which up to 20k is contributed by CPF-OA. CPF-RA will get an additional 1% on top of the first 60k We can transfer funds in CPF-OA to CPF-SA (however this will not be tax deductible.). This is irreversible. Next...

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The Credit Card Rebate Shootout – Part 1 – Monthly Regular Spendings

This is the first part of the credit card rebate shootout series. We have recently gotten credit cards to handle expenses post-marriage as we foresaw the need to pay attention to those incurred from our expected regular spending and big ticket items. Prior to that, my wife and I playfully debated which card(s) would best suit our lifestyle expenditure. She was particularly keen on Standard Chartered’s Unlimited Card for its unlimited 1.5% cashback. While impressed of the card’s utility, I myself was leaning towards studying all the other compelling cards out there to target and maximise cashback/rebate based on...

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Poll – Merger between Alliance Minerals Assets Limited and Tawana Resources

Previously I briefly talked about the merger between Alliance Minerals (SGX: 40F) and Tawana Resources (ASX: TAW) here. For the merger to be a success, there also has to be 75% support on Tawana’s end and 50% support on Alliance’s end. As I continue to monitor the sentiment about the merger, it got me curious as to the proportion between supporters and protester (especially from our aussie friends) and so I’ve decided to give polling a try above my post. So folks following this story, are you in support or are you against the...

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HDB Flat Purchase Chronicles – Our Househunting Story

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, but also the process of purchasing resale flat using the HDB Resale Portal. As of now, my wife and I are still getting some documents for the Resale Application sorted out and if everything goes smoothly, we’ll finally become homemakers by the start of June! :) Previously, I talked about our expected expenses and financing of our upcoming HDB Flat Purchase here. How it began Having stayed...

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What will it take to retire at the age of…

I believe for a lot of us, we have a goal to plan for our retirement, or even achieve FIRE at some point in life. A starting point to decide the amount of wealth is to base it off: Amount of wealth to accumulate Drawdown amount/rate (that is, how much are you drawing to live off the accumulated wealth) Our life expectancy (as morbid as it sounds) The typical drawdown rate seems to be based off 3-4% drawdown annually. This brings us to being able to live on this sum for 25 years – 33 years, not taking into...

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Portfolio Update – 07 April 2018

Wow, it’s already April this year, how time flies!I realise I have gone almost a couple without updating my portfolio! Income Portfolio Counters Units Market Price (SGD) Overall Value based on market price (SGD) Allocation 1 Cache Logistic Trust 7500 0.84 6300 23.85% 2 Cromwell European REIT 1000 0.91 910 3.45% Growth Portfolio Counters Units Market Price (SGD) Overall Value based on market price (SGD) Allocation 3 Alliance Mineral Assets (AMAL) 40000 0.34 13600 51.50% Cash and other Assets Counters Units Market Price (SGD) Overall Value based on market price (SGD) Allocation 4 Warchest 1 5600 5600 21.20% Total SGD...

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Proposed Merger of Equals between Alliance Mineral and Tawana Resources

Announcements can be found here. Key takeaway: Under the proposed merger of equals between Alliance Minerals (SGX: 40F) and Tawana Resources (ASX: TAW), Tawana will become a subsidary of Alliance Minerals, with proforma ownership split 51/49 between Alliance/Tawana shareholders.  The proforma Market Cap post-merger is expected to be ~A$446m and this will place the merged entity in the position of a Mid-Cap producer. Capital raising to take place. In an earlier news, 85% of non-Bald Hill assets such as Cowan will be spun off in a Spinco (no actual name yet), with ownership by existing Tawana shareholders. There will...

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Random Musing – When a union of two is more than just +100%

When one gets attached to his or her significant other and settles down, it’s not merely a union of two person. They love each other, double their joy, share their sorrow, and offer comfort in each others’ company. It is also a synergistic link where the couple is able to compliments each other’s quantities and bring out the best in themselves. Just like how when you work in a partnership over a project with another person, where there is opportunity to bounce ideas between each other, and their ideas may just be the missing piece(s) (and vice versa) to...

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HDB Flat Purchase Chronicles – Prelude – The Expected Financing and Expenses

This article will be part of a series that shares my journey to becoming a homeowner for the first time. There will be more article(s) that not only covers the actual cost, but also the process of purchasing resale flat using the HDB Resale Portal. To date, my wife and I have paid the Option-to-Purchase (OTP) Deposit, and are awaiting the result of the HDB Resale Application. The below breakdown is our expected expense overall – actual amount may differ. Resources: Flat Purchase 1) Flat Purchase Price $335,000 – OTP Grant Deposit $1000 (Paid via Cash) – OTP Exercise...

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Effect of Compounding Part 2 – Early Repayment for a HDB Housing Loan

In a previous post I mentioned I will revisit the effect of repaying HDB Housing Loan earlier (link here). I believe thoughts of repaying the HDB Loan must have crossed the minds of some homeowners out there to finish paying off the mortgage earlier with the goal of becoming debt-free. This post will explore the example of doing early repayment for a $300,000 HDB Housing Loan. Let’s call this homeowner with this loan Mr A. If we recall the formula of compounding: Paying off a $300,000 HDB Housing Loan (prevailing interest rate of 0.1% above CPF-OA Interest, which is...

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The Process of Marriage and applying for Long-Term Visit Pass for my wife (non-citizen spouse)

My wife has finally gotten her Long-Term Visit Pass (LTVP)! :) I feel so happy for ourselves that this day has finally come. My motivation for writing this article is to aid other couples who experiences similar cases to us – we hope this information will help you, and if there is any way we can further improve the information given in this post, please let us know, and well wishes to the other similar couples out there! :) The process is broken down into the following stages: 1) Permission to Marry* 2) Pre-Marriage Assessment for LTVP* 3) Marriage...

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Why I am bullish on AMAL

This post is quoted and based on an analysis done by someone at InvestingNote, and I have trouble finding the link; if you are the original writer, please let me know so I can give credit to you. Stage 1 production = 155,000 tpa Stage 1 production with Lithium Fine Circuit (LFC) = 220,000 tpa (Taken from the interview with TAW CEO) by end of 2018 Stage 2 production with LFC = 440,000 tpa (Taken from the interview with TAW CEO) by Jun 2019 Production rate will be almost 3 times the rate of stage 1  production. The timeline...

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CPF Musings

Figure I want to do a write-up on CPF after thinking about its usage and my planning for long-term goal. First, let’s start with reviewing the benefits we receive in CPF. Benefits CPF-OA gets a 2.5% guaranteed interest rate. CPF-SA, CPF-MA and CPF-RA gets a 4% guaranteed interest rate. First 60k in CPF gets an extra 1% interest rate, of which up to 20k is contributed by CPF-OA. CPF-RA will get an additional 1% on top of the first 60k We can transfer funds in CPF-OA to CPF-SA (however this will not be tax deductible.). This is irreversible. Next...

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