Author: SG Young Investment

A New Cashback Card with Up-sized 3% Cashback

There seems to be competition among the banks in Singapore which is good for consumers as they start to give more interests and benefits to get more customers. Previously, many cashback cards were launched with no minimum spend and no other conditions. You get cashback for any spending. Today, there’s a new cashback card which gives up to 3% cashback. This is the NEW Standard Chartered Spree Credit Card. Again, to match the competition in the market, there is also no minimum spend to get cashback. Here are the details I managed to pull out from the bank: No...

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Multiple Streams of Income Through The Gig Economy

This year, I’ve been seeing more news on the gig economy. Think of flexible working hours, doing what you love, be your own boss and freelancing. These are all part of the gig economy. In Singapore, about 9% of the workforce here are in the gig economy. That is still not a lot as compared to countries like the US having 30% of their workforce in the gig economy. Interestingly, an article on the Straits Times said that “about 47 per cent of Institute of Technical Education, 35 per cent of polytechnic and 10 per cent of university graduates...

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Money Hacks To Make The Best Out of Your Money – Part 2

Money Hacks is a 2 part series to share about the deals which I used to make the best out of my money. Read Part 1 here. In Part 1, I shared on the high interest bank accounts, the cashback cards and also the dining discounts which I can get. In part 2, I will write about the deals for movies, shopping and also how to travel smartly. Finding the best deals – Movies and ShoppingFor movies, here are a list of discounts for 3 of the main cinemas in Singapore: Golden Village Cinemas HSBC’s Movie Card – $7.50...

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Money Hacks To Make The Best Out of Your Money – Part 1

Money comes and go like a running tap water. However, we can always make the best out of our money by using a few simple hacks which I’ve done over the past few years. I believe this has significantly added to my savings and at the same time I still continue to enjoy the finer things in life. Some of the hacks I employ includes: 1) Enjoying higher bank account interest 2) Getting cashback on my spending 3) Finding the best deals (Dining, movies, shopping etc) 4) Travelling smartly Let me share in detail what I do to make the...

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What Happened To Comfortdelgro? – The Taxi In Distress

Comfortdelgro has been on the hot seat for the past few weeks with share price dropping to a low of $1.98 now. Grab and Uber seems to have an upper edge in this taxi business competition. It is crucial to review Comfortdelgro’s business at this junction to see what it is really worth. Separately, it didn’t manage to get the new Thomson East Coast line which could have boost its operating profit by about $12-$18 Million a year. Let’s take a look at its different business segment and break it up to see what it is really worth. Public...

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The Two Japanese Reits Which Got Acquired – What Can We Learn From This?

It has been a fruitful journey investing into Japanese Reits for the past few years. Saizen Reit was the first Japanese reit which was acquired earlier before. Recently, Croesus retail trust, a Japanese reit which owned Japanese shopping centres was also successful acquired just last week. What makes them so attractive that both reits from Japanese were bought over at a premium price? I’ve written extensively on Croesus Retail Trust as early as back in 2013. The timeline of the posts are as follow: Looking to invest in Japan’s real estate – November 10, 2013 Croesus Retail Trust –...

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5 Lessons I Learnt From Those Who Have Achieved Financial Freedom

Let’s be honest, all of us want to be rich. I started my financial journey many years back by finding out how the rich manage their money and how exactly I can do it like them. However, most probably, the information you’ve been finding is all directed at the super rich. How about common people like you and me? Are we able to have a little more money so we can not worry about it anymore? Throughout the years, I’ve had the opportunity to meet and speak to people who have became financially free. Every time I talk to...

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Optimising Joy In Spending

As people who are embarking on the path to financial freedom, sometimes we may be too hard on ourselves when it comes to spending. Recently when I looked at my credit card statements and realised I’ve spent more than I should, I can’t help to think if I’ve lost track in my financial journey. But upon closer look at my financial situation, it really doesn’t hurt to spend a bit more. A few hundred dollars more spending doesn’t really hurt much, does it? As a financial blog, I’ve been writing a lot on save save save. But perhaps, we...

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What drives stock price volatility and how can I profit?

The Singapore Stock Exchange (SG) has been in a downswing lately and has also seen some volatility. This doesn’t mean there is a lack of profitable opportunities for investors – it simply means that they need to understand how to anticipate and profit from stock volatility. That entails gaining an understanding of what is driving prices, so that the investor has an insight into why a stock’s price is rising or falling. Financial results always causes volatility One of the key drivers of volatility in a company’s stock is when the company reports its financial results. Some companies report...

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Survey Shows Singaporeans Worry About Having Not Enough Retirement Savings

A few days back, I posted a survey conducted on my blog to show what other readers, like yourself, think about retirement needs. You can read it here if you missed it out. I then received a press release from Blackrock Global on a survey which they did on retirement savings too. I found that the findings were quite insightful so I decided to share it here: Singaporeans are not doing enough to prepare for retirement, according to BlackRock’s Global Investor Pulse Survey 2017. The discovery comes at a time when insufficient funds for retirement has become an increasingly pressing...

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Retirement Survey Results – Understanding Our Needs and How To Achieve It?

One week ago, I launched a retirement survey on my blog and said I will release the results and also write it into a blog post. Thanks to all who have done the survey. There were quite a good handful of responses which made this blog post possible. The purpose of this post is to show what other readers, like yourself, think about retirement needs and then I will provide some examples to show how we can actually achieve our targets for retirement. Let’s begin. Survey Responses Q1: At what age do you hope to retire? Click to enlarge...

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Comfort Delgro Q2 2017 Financial Results

Comfort Delgro just reported their Q2 financial results last week and this was what I was concerned about as I’ve invested some money into it. Being affected by Uber and Grab’s private hire services, Comfort’s taxi business took a hit and sent its share price going down which makes it look like an attractive investment at that point. After I bought, the share price still continue to went down by a little and seems to have stopped at around $2.30.   Anyway, its Q2 financial results still doesn’t paint a good picture. Net profit fell by 6.8% mainly contributed...

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Far East Hospitality Trust 2Q 2017 Financial Results – Review & Action

Far East Hospitality Trust just released their financial results last Friday and I thought it would be good to do a quick update since I’ve been writing a lot on the hospitality industry as an investment opportunity. Net property income still decreased by -6% in 2Q 2017 as compared to 2Q 2016. However, this is a smaller decrease compared to the 1Q decrease of -10.4%. Average hotel occupancy was 87.1% in 2Q as compared to 88.1% in 1Q. Comparing year on year, occupancy increased 1.9%. RevPAR remains stable at $134 which is a good sign that it has bottomed...

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Outlook for REITs in Singapore and Globally

REITs have been a popular investment choice for many years now. Even for me, REITs constitute about 60% of my portfolio currently in sectors such as retail, hospitality and commercial. Recently, REITs prices have mostly gone up which is a good time for a review now. I will look into the different sectors and the outlook plus if there’s any other opportunities to continue investing in.  It may be time to sell some REITs and invest into other opportunities too. Retail REITs Firstly, let’s look at retail REITs. In Singapore, we have a few REITs which dominate the retail...

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Gold Coast, Brisbane, Sunshine Coast and Noosa – Day 6 onwards

Day 6 continues from Day 5 where we reach the farm stay place. To read the previous post, click here. Day 6 We woke up early on day 6 for a farm feeding experience. All the animals are feed daily and we could join in this activity. They had many chickens on the farm too and we could even get fresh eggs from the chicken there. This is the first time I had the chance to pick fresh eggs laid by the chickens. After feeding the animals and having breakfast, we proceeded to Eumundi markets which is a famous...

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