Author: My Sweet Retirement

Free Ten Dollars Ang Bao For Car Owners

Recently, I was searching for cheap car insurance and came across this website called Budget Direct Insurance. For a limited time only (Chinese New Year 2018 Promotion), they are giving you ten dollars (S$10) for registering your vehicle details with them. You do not have to purchase anything. I have registered and the next day, I received an email from them that I will receive my cheque in May. This is not a sponsored post nor is there any referral links. So check out their website (https://www.budgetdirect.com.sg/). I also noticed a second promotion they are offering. If your current...

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My Personal Analysis of Silverlake Axis

This is my first personal analysis for the year 2018. Silverlake Axis has always been on my watchlist. It is a complex company for me to analyse and with my limited knowledge, I decide to do my best in analyzing this company and hope to make the right decision on whether to dive into this stock. Business Overview Silverlake Axis is a Fintech company that was founded in 1989 with track records of core banking implementations. Silverlake Axis was listed on Singapore’s Stock Exchange (SGX) SESDAQ in 2003 and moved up to SGX Mainboard in 2011. The company call...

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My Sweet Retirement Annual Review of 2017

We have two more days before we say goodbye to the year 2017 and welcome the year 2018. As usual, this is the time where I reflect on the goals that I have set last year and also plan what I hope to achieve next year. One thing I am glad is that My Sweet Retirement blog is gaining popularity and has survived more than 2 years. Gaining popularity is not really the objective of this blog. I started My Sweet Retirement to ensure that I have doing my due diligence in stock investing (My Personal Analysis on Stocks)...

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Why I Switched to DBS Multiplier Account

OCBC 360 account used to be the best savings account in town giving you a maximum yield of 3.25% per year until they decided to revise their criteria on the interest rates. You can read more about it here OCBC 360 Account Makes Earning Additional Interest More and So Complicated. Other banks such as UOB has came up their own version of step up interest accounts using the similar concept and the idea is no longer fresh and new. The clause “1% per year Earn this extra bonus on the first S$70,000 if your account balance is S$200,000 and above.” is...

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Seventy Two Percent Invested, Twenty Eight Percent Cash

Cash on hand increased to twenty eight percentage this month as I received my December salary and Annual Wage Supplement.  The AWS is also called the “13th month payment”. If you didn’t know, according to Ministry of Manpower website, Annual Wage Supplement is not compulsary Your employer can negotiate a lower amount of Annual Wage Supplement if business results are exceptionally poor for the year. Cash is like an option over every asset class, with no expiration date and no strike price. Cash provides the option to sweep up a bargain when it becomes available and this must have...

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My Bitcoin and Ethereum Speculation

Previously, I blogged about how to open a Coinbase account to purchase Cryptocurrency such as Bitcoin, Ethereum or Litecoin which has been the hottest topic in town recently. Around 1 week ago, I did my first Bitcoin purchase of S$200. For first time buyers, there is a Buy limit of S$200 imposed by Coinbase. After you done your first purchase, the buy limit will start from zero and increase day by day until it reaches back to S$200. On Monday, I bought another S$200 of Ethereum. My current total speculation is S$400 with gains of S$49.91. That is a...

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My Total Dividends Collected For 2017

Time flies and we are in the last month of the year 2017. I am not expecting anymore companies in my stock portfolio announcing dividend payout. This year, the total dividends I have collected is S$7,350.31. This was a 27.5% decrease in dividend collected as compared to the year 2016 where I reap a total of S$10,132.04 in dividends. The reason for the decline was a lack of special dividends payout in some stocks I held and also declining distribution per unit (“DPU”) for the REITs I am holding. From the declining DPU of some REITs, the lesson I learnt...

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Summary of November 2017 Transactions

This month, there is some major changes to my stock portfolio. If you have noticed, I have fully divested Soilbuild Business Space REIT (Goodbye SoilBuild Business Space REIT). With the cash from the divestment, I have increased my stake in CapitaMall Trust and Mapletree Commercial Trust (Why I Bought Into Mapletree Commercial Trust). A few readers wrote in to ask why I bought the above two REITs which are considered selling at a premium right now? Basically, I am satisfied with the current yield the two REITs are paying. By increasing my units of holding, I am expecting to...

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Seventy Five Percent Invested, Twenty Five Percent Cash

Recently, I have added more of Mapletree Commercial Trust and CapitaMall Trust to my stock portfolio. As such, cash on hand has decreased. I have also been performing Supplementary Retirement Scheme (SRS) top up over the past few months to reduce the income tax amount I have to pay next year. My current cash on hand versus my total investment in stocks is 25 percent versus 75 percent respectively. I am expecting my cash to increase next month as just like Kevin from Turtle Investor, I am expecting to receive my annual wage supplement in the month of December....

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What Have You Bought on 11.11

I cannot miss out such good deals. On 11 November 2017, almost all online shopping websites are having crazy deals and sales. My hands are not fast enough for the Razer and Marshall Surprise Boxes. The boxes were out of stock within 10 seconds when I tried to complete my transaction. However, I managed to grab myself a HP surprise box from Lazada instead. According to blog reviews I read, the item in the surprise box is worth more than S$100 but you only pay S$29 for it. Yes, I paid only S$29 for the HP Surprise Box. It...

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Why I Bought Into Mapletree Commercial Trust

  Recently, I mentioned that I have sold off SoilBuild Business Space REIT and reinvested the cash into another stock. One of the stock is Mapletree Commercial Trust. If you notice, I already own Mapletree Commercial Trust in my stock portfolio. I am only increasing my stake on it. Why did I buy into Mapletree Commercial Trust? One of the reason is the excellent 2Q FY17/18 financial results that Mapletree Commercial Trust has released recently. While other REITs suffer from either flat DPU or declining DPU, Mapletree Commercial Trust achieved a DPU increase of 9.3%! 2Q FY17/18 (S$’000) 2Q...

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My Personal Analysis of CapitaLand Commercial Trust

CapitaLand Commercial Trust catches my eye when I was researching on REITs that own car parks in their portfolio. If you didn’t know, Golden Shoe Car Park is one of the assets in CapitaLand Commercial Trust portfolio. But in general, CapitaLand Commercial Trust is similar to Keppel REIT which consists of mainly Grade A office assets. Golden Shoe Car Park is undergoing a redevelopment which is due to complete in 1H2021. The car park will be redevelop into a commercial development in Raffles Place. Portfolio CapitaLand Commercial Trust has the following properties in its portfolio. Capital Tower CapitaGreen Six...

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Goodbye SoilBuild Business Space REIT

  I have long wanted to sell off SoilBuild Business Space REIT almost 1 year ago. Recently, I have divested all my holdings of SoilBuild Business Space REIT. Without dividends, I have made a loss of 11%. With dividends included, I have made a profit of 9%. Below are my reasons for selling of SoilBuild Business Space REIT. Risky Business As we know, two tenants have defaulted over their rent (72 Loyang Way and NK Ingredients Pte Ltd). Blame it on poor economic outlook or collapse of marine oil and gas sector but as I wrote previously, 11% of...

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Kingsmen Creatives 3Q2017 Results – Recovery No Where In Sight

Kingsmen Creatives have just released their 3Q2017 results and the financial figures does not seem very pleasing. Revenue declined across three out of its four business divisions for 3Q2017 as compared to 3Q2016. It seems that recovery is no where in sight. Here are the financial results across its four business divisions. The Exhibitions & Thematic division registered a revenue of S$32.3 million, an increase of S$0.9 million or 2.7% from S$31.4 million recorded in 3Q 2016. The Retail & Corporate Interiors division recorded a revenue of S$30.6 million, a decrease of S$8.0 million or 20.8% compared to S$38.6 million in 3Q...

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Temasek Sold 50K shares of SoilBuild Business Space REIT

If you have subscribed to email news alert from any of the REIT’s website, you may occasionally receive email announcements like the one below. Sometimes, it gets really frustrating that the announcement title does not indicate whether the substantial unit holder is increasing his holdings or selling his shares.   Today, upon receiving the above email announcement from SoilBuild Business Space REIT, I decided to check out Spiking which is a new mobile application I downloaded recently. Look what I found. Temasek Holdings (Private) Limited has sold 50K of SoilBuild Business Space REIT at the price of S$0.68 per...

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