Author: My Sweet Retirement

How to Get 100 dollars Cash Free

Recently, I have came across a fantastic credit card promotion deal and I have signed up for it. It is not a new recent promotion as I saw the promotion has been running from 23 June 2017. The promotion runs from 23 June to 31 December 2017. CIMB is having a credit card promotion whereby you can get S$100 of cash credit by applying for their credit card and make a minimum spend of S$300 within 3 months  from the credit card approval date. That is a (S$100/S$300) x 100% = 33.33% discount for S$300 spent. Here are the steps...

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First Pure Singapore REITS ETF – Lion Phillip SREIT ETF

Today, I received a message from my broker asking whether I am interested in subscribing for the Lion Phillip SREIT ETF. The IPO price is at S$1.00 and no balloting is required which means a full allocation will be given if I subscribe for it. It is the first REIT ETF that is purely based on Singapore REITs. Capitaland Mall Trust, being my favorite REIT in my stock portfolio makes up the major component in this ETF. A glance at this Lion Phillip SREIT ETF gives me the impression that this ETF is overweight on Retail REITs and Industrial...

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November 2017 Singapore Savings Bonds is 2.07%

There was a significant drop in November’s effective interest rate as compared to October’s effective interest rate for Singapore Savings Bonds. If you held the bond for ten years, October’s effective interest rate was 2.13% while November’s effective interest rate is 2.07%. Recently, I have bought more of Singapore Savings Bonds. As such, Singapore Savings Bonds currently makes up 14% of my stock portfolio. Different people will have different reasons for buying Singapore Savings Bonds. As the current stock market is expensive and most REITs are yielding 6% or less, I find it non attractive to buy into the...

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Summary of September 2017 Transactions

There is no change to my stock portfolio this month. Although the stock market has retraced slightly this month, I still think most of the companies are still expensive to buy. A recently article published by The Fifth Person has enlightened me which is to avoid buying a stock at the wrong price. I remembered the saying goes “A good stock purchased at the wrong price can be a bad investment” thus we should always be patient to wait for the right price and not rush into a hasty investment. While waiting for an opportunity to divest Soilbuild Business...

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Hewlett Packard Vacates Alexandra Technopark

Previously, I wrote about the investment risk of Frasers Commercial Trust which is the lease expiry for Hewlett-Packard ( Frasers Commercial Trust Long Term Play in Office Rental ). The fear has turned into reality. Frasers Commercial Trust has announced that it has been informed by Hewlett-Packard Enterprise Singapore Pte Ltd (“HPE”) that they will vacate their space at Alexandra Technopark upon the expiration of relevant leases on 30 September and 30 November this year. The rental income for the space to be vacated makes up 6.6% of FCOT’s total gross rental income for the month ended 30 June 2017. In the...

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My Sweet Retirement Starts Planning for Tax Relief

Last year, I opened my Supplementary Retirement Scheme (SRS) account with OCBC for the purpose of tax relief. At that point in time, I am not aware that we are able to withdraw our money above the full retirement sum from our Central Provident Fund (CPF) when we are 55 years old. I only get to know about it after I recently attended InvestX Congress by the Fifth Person. In the upcoming months, I shall be doing voluntary contributions to my CPF special account instead of my SRS account to enjoy tax reliefs and also higher interest rates. At the...

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Another Tenant Default for Soilbuild Business Space REIT

Another bad piece of news for Soilbuild Business Space REIT investors out there. NK Ingredients Pte Ltd, the sole tenant for 2 Pioneer Sector 1 has defaulted on its rent. If you do not know, NK Ingredients Pte Ltd is one of the top ten tenants contributing 5.8% of Soilbuild Business Space REIT monthly gross rental income. Soilbuild REIT has called upon the insurance guarantee today. The balance of the insurance guarantee of S$1,689,556.67 is equivalent to approximately four months of rent. The stock price reacted to the bad news and plunged from $0.73 to $0.69 before closing at $0.70....

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Have You Heard of Spiking?

Recently, someone posted a screenshot that shows insider trades. It got almost everyone in the forum thread asking what is this application and how did they get the information. I finally found out what application it is. The application is called “Spiking” and you can download it from the app store for iPhone and Google Play store for Android users. If you didn’t know, Spiking is actually a homegrown app. Spiking allows investors to track the stock transactions and portfolios of investors. Interestingly, they classify investors into “Blue Whales”, Millionaires and Billionaires. Blue Whale? What is that? According to...

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Starhill Global REIT High Dividend Yield Can Buy?

In the year 2016, I wrote about Starhill Global REIT ( My Dividend Yield of Starhill Global REIT ) giving a dividend yield of 6.56% at the stock price of $0.79. Recently, the share price of Starhill Global REIT has fallen to $0.74. Recently, Starhill Global REIT has announced its 4Q FY16/17 results. Distribution Per Unit has fallen by 8.5% to 1.18 cents compared to a year ago of 1.29 cents. The annualized distribution per unit for 12  months ended FY16/17 is 4.92 cents compared to 5.18 cents a year ago. Below shows the current share price of Starhill Global...

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Summary of August 2017 Transactions

A summary of my August 2017 transactions came late as I went for a short holiday over the long weekends. In the month of August, I have sold off Lippo Malls Indonesia Retail Trust. (You can read more of my reasons here: Goodbye Lippo Malls Indonesia Retail Trust) I have also received my company performance bonus in August. As I currently have no stock in mind to invest, I decided to park a portion of my bonus into the Singapore Savings Bond. (Singapore Savings Bond versus Savings Account versus Fixed Deposits) The companies in my stock portfolio are not performing...

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Goodbye Lippo Malls Indonesia Retail Trust

After holding Lippo Malls Indonesia Retail Trust for almost 5 years, I have sold it off for a profit of 46.7%. This is inclusive of dividends collected over the years. Lippo Malls currently makes up only 2% of my entire stock portfolio. Below are the reasons why I sold off Lippo Malls Indonesia Retail Trust As Lippo Malls Indonesia Retail Trust assets are primarily focus on malls in Indonesia, the volatility of the foreign exchange may impact the foreign loans and distributions per unit. As Lippo Malls Indonesia Retail Trust makes up a petite 2% of my stock portfolio,...

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Tai Sin Electric Revenue Fell Due to Prevailing Uncertainties In The Market

Share price of Tai Sin Electric fell today 4.5% today to S$0.425 after releasing a set of weak results. Tai Sin Electric reported revenue declined 12.86% from $320.91 million last year to $279.65 million. In my previous post (My Personal Analysis of Tai Sin Electric Limited), I mentioned about Tai Sin Electric’s revenue and profits are very dependable on the construction sector which is cylindrical. Not withstanding the slowdown in the property market and continued economic uncertainties, revenue declined across all its business segments (Cable & Wire (C&W), Electrical Material Distribution (EMD), Switchboard (SB), Test and Inspection (T&I)). It...

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Thai Beverage Thinks Beer and Fried Chicken Is A Good Match

Thai Beverage plans to acquire 240 KFC branches for 11.3 billion baht via its subsidiary QSR of Asia (QSA). This makes them the third KFC franchisee in Thailand. The other two franchisee are Central Restaurant Group and Restaurant Development Co Ltd. The brand KFC (“Kentucky Fried Chicken”) is owned by the Yum! Brands Inc, based in Louisville. Drilling into the 4th quarter 2016 results for Yum! Brands Inc, Thailand is considered as an emerging market and contributes 2% of KFC sales. For the full year, KFC sales in Thailand grew 6%. The highest sales contributor for emerging market is China...

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InvestX Congress 2017 By The Fifth Person

It was a fruitful day for me as I attended the InvestX Congress 2017 organized by The Fifth Person. We have Rusmin Ang sharing about Portfolio Optimization, Alvin Chow from Dr Wealth sharing about ETF (Exchange Traded Fund), Tay Jun Hao about capital cycle and property counters and Victor Chng sharing about Thailand’s Medical Industry. This is not forgetting the famous and anonymous AK from ASSI (A Singaporean Stocks Investor) sharing about how to optimize your CPF (Central Provident Fund) by having the government paying for your Medishield premium for free yearly. In fact, after the event, I quickly...

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CPF Ready Get Set Grow

The CPF board has launch a new game. I have tried the game and as it is fun and educational. Thus, I will like to share with all of you. You can download this educational game from the app store. The Ready Get Set Grow game has 4 levels. For each level that you play, watch out for tips and education on growing your retirement savings.   For example, when I played level 1, the slogan says “Get ready to build a foundation for the...

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