AGM ( Annual General Meeting )

While looking at the piling up of “Annual Reports “ be it in the form of CD-R or book" , we know that company’s AGM is just around the corner. As stocks investors , you will have same experience as these annual report keep coming in to your mail box during this time. Company are required by law to hold a general meeting of its shareholders each year (the Annual General Meeting - "AGM"). If an … [Read more...]

Personal Finance is Really Personal (CPF / Insurance/ Housing /Saving /Investing etc)

Personal finance is an interesting subject which is really“ Personal “ as there are many factors affecting a person or family’s finances – how much to keep as saving vs investing , to buy term or life insurance , to take up HDB loan or from private banks , to buy HBD or Condominium and of course the hottest topic of CPF ( to transfer our OA to SA or do a voluntary cash top up into SA account) … [Read more...]

How to Prepare for Rising Interest Rate

So, it is final that FED increased interest rate by 25 basis points on last Wednesday and you could easily find news and comments on the impact of stocks and economy with this rate hike.  But at least the rate hike is seen as vote of confidence in US economy which has witness increasing inflation and job growth and of course market react positively on this. Our immediate thinking will be, of … [Read more...]

Where have all the Manhattan tenants gone ?

I read therefore I write This is an interesting article about increasing vacancies rate at high end shopping district at Downtown Manhattan in today's The Business Time. Quoted from the article “ Dusty windows on Madison Avenue. Ghostly trace of sign on Columbus Avenue. Manhattan’s top retail strip, some of which are among the world’s most expensive shopping districts, appear to have seen … [Read more...]

Dividend Update : 1st Qtr 2017

All Roads Lead to Rome : Dividend Income Investing may not suit everyone as it is more passive and slow way of investment strategy. Some may opt for more aggressive or growth type of investment as their core strategy but I think many ways or route to achieve the ultimate goal of financial independence. As retiree  someone without active income , this might be the best strategy for me … [Read more...]

DOW 21,000 : What’s Next and Its Valuation

I think it is time for me to update the world major stock market’s valuation by “ Regression to the Mean ”  after DJ exceeded 21,000 mark in such a short period after hitting 20K level. Always remembered that “ Reversion to mean “ is just a “statistical phenomena “ and it may take much longer time to “reverting to mean” if market is in bubble or irrational stage. As renowned economist John … [Read more...]

How Much Luck in Investing Success? My Experience in 2008/09

We all know well that market are efficient (most of the time) and many active management fund outperform because of “luck “ and not skill.  You may find out more about this topic in my previous blog on  Success in Investing : Skill or Luck ?  (here ). As most of the investment professional think, it is hard to admit that luck plays as significant a role as skill in their investment success. … [Read more...]

Saving : Monitoring your Expenses or Behavioral

Personal Cash Flow Management I have seen many blogs written about monitoring the expenses and some some blogger's recommendation of apps which could monitor our expenses in detail . Frankly, I didn’t monitor my expenses in such manner and I “ agak-agak”  know how much I spent monthly on those fix items and some major items yearly such as holidays & staycations , insurance , home … [Read more...]

Stock Investing May Not be For Everyone

First of all , allow me to quote below from a legendary investor ( some may call him great speculators and some may not agree with that as the way he took his own life in 1940 ) : Jesse Livermore “ The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid , the mentally lazy, the man of inferior emotion balance or for the get-rich quick … [Read more...]

Investment Using SRS fund – My Experience

Many articles have been written on SRS Account and it’s pro and con. You may find few good blogs and summary as below : SUPPLEMENTARY RETIREMENT SCHEME (‘SRS’) ACCOUNT FROM HEARTLANDBOY  (HERE ) Is the Supplementary Retirement Scheme a Waste of Your Time and Money? From Money$ (here) Why it makes sense to contribute to the SRS account (to a certain extent) from … [Read more...]

Housing Choice link to Retirement Comfort ! ( STE photos sharing )

Much been written about “Housing choice vs Retirement comfort “ , another types of Cs in our financial planning. Life is full of “choices “ , one may choose to “stay single or marry “, to “have kids or be DINKs “ , to “climb the corporate ladder or be a freelancer” , to “save more or spend more “ , to “save or invest “ , to “buy a health insurance or take the risk ( bo chap)”……and the list goes … [Read more...]

Privatization : The Good or The Bad ?

Is Privatization Good for Investors ? You may find two articles/news of privatization in today’s The Business Time (one is Auric Pacific and the other is Healthway Medical ) which is quite rare and one might be pondering why so many privatization is going on recently in Singapore’s business context. If you may recall , from SMRT , NOL , Sim Lian, OSIM , CM Pacific, Select Group ,Super Group, … [Read more...]

Sabana REIT : A Principal- Agent Problem ( dilemma ) ?

If you are investing in S-Reit as income investors , you will surely have heard this REIT before which is in the limelight and take centre stage in recent investing news. No introduction require for this hot topic , with many highlighted issues such as decreasing DPU , NAV , Occupancy rate , NPI etc … which translated to below : With above chart , easily , some investors might be sitting … [Read more...]

Extraordinary Popular Delusions and the Madness of Crowds or The Wisdom of Crowds ?

In 2004 , James Surowiecki ( an American Journalist ) published a book called “ The Wisdom of Crowds “ which talked about the aggregation of information in group , resulting in decisions that often better than it could have been made by any single member of the group. The Wisdom of Crowds is generally traced back to an observation by Charles Darwin’s cousin Francis Galton in 1907. Galton … [Read more...]

立春 : To Deposit money or Buy share ?

You may notice a very long queue at bank today while people are queuing to deposit their money into the bank , reason being today is the day of "  立春"     in Chinese customs ... Well, believe it or not , it represent " ceaseless of income " throughout the year and also, to invite good luck , peoples always wear in red , orange , yellow or gold color during this day. What exactly is " 立春" … [Read more...]

Dow 20,000 !!

This has become the headline news for major financial newspapers or webs , DOW Index finally broke through the psychological level or resistance of 20,000. As for me , although it’s a milestone but it just a “figure” without looking into the fundamental or valuation of the market . You may find below news interesting to read : From CNBC : Dow 20,000: Its insignificance may rival its … [Read more...]

A Tale of Two AGMs ( Fraser Commercial REIT vs Fraser Hospitality Trust )

Attended Fraser Commercial Reit AGM this morning (in spite of heavy downpour , the turn up was quite good ) and also Fraser Hospitality Trust AGM on last Thursday. From time to time I did attend company’s AGM and try to get some insight of what’s going on in the company, especially if there is any particular issues which I think there might be important to know or get views from other fellow … [Read more...]

What is your investment goals and target ?

When you invest your hard earned money, how much of a return do you expect to get from your investment ? Those who are new to investing will often say, “I want to earn a return of 20% to 50% on my investment—every year.” But is this realistic? What is a reasonable rate of return to expect on your investment?  Is 10% of return a realistic one? Of course it also depend on types of investment and … [Read more...]

How to retire in 10 years

You may have came across this article in today’s The Business Times ,,, an interesting article in searching of “ The Freedom formula “ for early retirement . The big word “ R”  or retirement is very subjective and one may not want to retire if he/she really enjoying the works and some may want to retire earlier to pursue their dreams and passion . Here is another article on “ 10 good reasons … [Read more...]

Digital disruption : Restructuring is going to be long and painful !!

I have blog about this before ( here ) , with below latest released result , I think the re-structuring due to “digital disruption“  is going to be a long and painful process and also the success is very much uncertain for SPH . Quoted below from the CEO on their latest press release : “Having completed our comprehensive business review in October 2016, we are forging ahead with our … [Read more...]