Author: My Sweet Retirement

Kingsmen Creatives Awarded Contracts Worth $22 Million

On 13th April 2018, I receive an email notification about Kingsmen Creatives that they have been awarded with contracts worth $22 million for National Day Parade 2018 and National History Event. Despite the good news, it seems that the market did not react positively. As you can see from the chart above, the stock price of Kingsmen Creatives remains flat below 60 cents. The stock market is really irrational. According to the announcement, the contracts comprise the National Day Parade 2018 and the National History Event valued at S$3 million and S$19 million respectively. The contract for the National Day...

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4 Tips To Help You Achieve Your Sweet Retirement

Below are some of the tips I have been practicing and I hope it helps you to achieve your sweet retirement. Please feel free to share more tips with me in the comments below. #1 Invest For Passive Income If you have followed my blog, you know that I am a dividend investor. As a dividend investor, I collect dividends from stocks that I bought, accumulate cash and re-invest them. Occasionally, I will do a stock take of how much cash I have on hand versus the amount I invested (Seventy Four Percent Invested, Twenty Six Percent Cash). I...

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5 Tips To Get You A Promotion At Work

I decided to create a new category called Personal Development in my website. The reason I am creating this new category is because I believe that not only should we invest in financial instruments such as stocks and REITs, we should also spend time investing on ourselves. With a good personal skill set and attitude, this can also help you with your job promotion which probably can equate to a higher salary. A higher salary can also means you have more cash to deploy into stocks and REITs! Below are some of the tips that I have learnt from...

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OUE Hospitality Trust – Building On Trust

Just last week, I received the hard copy of OUE Hospitality Trust 2017 annual report in my letter box. The cover page was eye catching. It says “Building On Trust“. For my own tracking of OUE Hospitality Trust’s performance, I summarize the important points and categorize them into two categories: The Positives and The Negatives. Among the positives, I personally like OUE HTrust for having no loan due until December 2020. Personally, I think whether OUE Hospitality Trust can earn your trust will really depend if it can continue to grow its Distribution Per Unit (“DPU”) in FY18. Getting...

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Earn Krisflyer with MilesLife (No Purchase Required)

I have been using the app MilesLife on my iPhone for a few months to earn the popular KrisFlyer miles. This app allows you to earn miles for airlines by using the app to pay for spending related to dining, travel and certain purchases. The current full list of supported Frequent Flyer Programs are All Nippon Airways (ANA Mileage Club) British Airways (Executive Club) China Eastern (Eastern Miles) China Southern (Sky Pearl Club) Emirates Skywards Eva Air (Infinity MileageLands) Hainan Airlines (Fortune Wings Club) Iberia (Iberia Plus) Lufthansa Miles & More PhoenixMiles Qatar Airways (Privilege Club) Sichuan Airlines (Golden...

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May 2018 Singapore Savings Bonds is 2.39%

I was caught by surprise when April 2018 Singapore Savings Bonds was over subscribed. One thing I concluded that it is not the Singapore Savings Bonds scheme that is not attractive, it was the low interest rates that were not attractive! The effective interest rate for May 2018 Singapore Savings Bonds gives you an effective interest of 2.39% if you hold it for 10 years. That will be a total of S$2,416 of interests collected if you purchase S$10,000 of Singapore Savings Bonds now. This is higher than the effective interest rate of April 2018 Singapore Savings Bonds. If...

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Win 50 Dollars or Vouchers With DBS Lifestyle App (Read Terms and Conditions)

This is not an April Fool’s day joke. There is a promotion for DBS Lifestyle Application users (App Store or Google Play Store) between 29th March to 30th June 2018. If you spend a minimum of S$500 qualifying spend (read more below) within the 3 months, you are entitled to win S$50 worth of cash credits or vouchers. I have signed up for the promotion because it seems like a good deal not to be missed! The prize and quantity can be found in the terms and conditions. It seems that there are only 3,600 who will win the cash...

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Which REIT Can Grow Their DPU Over The Years?

Most of us invest in REITs for their dividend yield but what makes a REIT exceptional is the ability of the REIT manager to grow the distribution per unit (DPU) over the years. Below are the REITs with their annual historical distribution (in cents) I have held in my stock portfolio. The historical distribution can be easily found from the individual REIT website. As you can see from the line chart I plotted above using the historical distribution, Parkway Life REIT and Frasers Commercial Trust have been able to grow their DPU consistently over the years as the line...

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Teach Your Kids to Spend, Save and Share

Recently, I attended a parenting course organized by my neighborhood community center. One of the topic is to teach your children about financial literacy. Just like me, I believe many parents out there does not know where to start when it comes to teaching your children about money management. Did you ever experience your child spending all their allowances at school and ask you for more money to buy additional stuff such as Pokemon cards? You can try this simple technique that I have learnt from the course, summarized in three words: Spend, Save and Share. These are three...

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April 2018 Singapore Savings Bonds is 2.31%

The effective interest rate for April 2018 Singapore Savings Bonds gives you an effective interest of 2.31% if you hold it for 10 years. That will be a total of S$2,340 of interest collected if you purchase S$10,000 of Singapore Savings Bonds now. Here is a previous post I did to compare the returns of the Singapore Savings Bonds against our normal savings account and traditional Time Fixed Deposits (Singapore Savings Bond versus Savings Account versus Fixed Deposits). Overall, the Singapore Savings Bonds emerge as the winner with the highest returns. Of course, the returns may not be fantastic...

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Who is The Substantial Shareholder Exiting Boustead?

Last Friday, 9th March 2018, the share price of Boustead plunged to S$0.76. The Company took opportunity and purchased 2,220,400 shares by way of market acquisition as part of its share buy-back programme.  Today, the Company purchased a further 26,705,100 shares by way of market acquisition. Today, Boustead Singapore said that a substantial shareholder has expressed his intention to make an exit. I am curious who this substantial shareholder is. From FY2017 annual report, the below shows the twenty largest shareholders of Boustead...

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Profit Update After A Month of Mining Ethereum

I have been mining Ethereum for slightly more than a month since I built my own Ethereum mining rig in end January 2018 (Read more here: My Sweet Retirement Builds A Cryptocurrency Mining Rig). Below shows the Ethereum I have sent to my Coinbase account from another the wallet that I received the mining profit. For your information, Coinbase does not accept mining profits directly. As such, you need to use another wallet to receive the profits such as MyEtherWallet. As you can see, a full month of mining roughly works out to be S$497.76 of profit. Just to...

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WeWork Leases Office Space From CapitaMall Trust and Frasers Commercial Trust

Recently, while I was flipping through the financial results presentation slides of two REITs, namely CapitalMall Trust and Frasers Commercial Trust, I came across this company called “WeWork” that seem to take up quite a substantial square feet of office space in these two REITs. WeWork Singapore has committed to lease around 28,700 square feet of space at one of China Square Central’s heritage shophouse blocks. The company had leased 40,000 square feet of office space across two floors of Funan’s North Office Block, becoming Funan’s first office tenant. Being curious, I looked up the term “WeWork”. This is...

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Will Growth Continue For OUE Hospitality Trust After 4Q2017

The last time I reviewed OUE Hospitality Trust was last year May 2017 ( OUE Hospitality Trust 1Q2017 Results – Signs of Recovery? ). OUE Hospitality Trust released their 4Q2017 financial results on 30th January 2018 however I only managed to take a look at it recently. I am glad that their Hospitality segment recorded higher income due to better operating performance of Mandarin Orchard Singapore and full-year contribution from the enlarged 563-room Crowne Plaza Changi Airport. Annual Distribution per unit increased 11.5% from 4.61 cents to 5.14 cents. This gem has finally reviewed its shine and I hope this...

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Current Dividend Yield of Stocks in My Stock Portfolio

Most of the companies and REITs in my stock portfolio has announced their 4QFY17 financial results. As such, I am able to tabulate the total dividends they are paying or have paid out in FY17. I am sure everyone has read about the stock market in a sea of red recently. Is this a buying opportunity? As a dividend investor, I am keen to know what is the current dividend yield for each of the stock I am holding. This will help me in the decision whether I should be buying more or stop buying. Company Name Total Dividends...

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