2nd Qtr 2017 : Dividend and Portfolio Update

The last company in my holding “ Accordia Golf Trust “ announced the result and dividend on 25th May while I was still busy catching “Pokemon “ . Is time to calculate and tabulate my dividend & interest income to be received in coming months for 2nd Qtr 2017 . Total Dividend & Interest Income for 2nd Qtr 2017 = $62,964.11 ** Total amount receive still about $972 lower than last year … [Read more...]

STE Smart Beta Update and Photos Sharing

It has been quite sometimes since my last update of STE Smart Beta Index which was created on 28 Aug 2016 ( here ) and Yah !! Just for Fun  J STE SM Index beat the STI Index by just 2 % points and if take into consideration of dividend yield where it has been set higher than STI by around 1.5% , total return could be around 3.5 % . I will need to do the portfolio re-balancing in Aug 2017 … [Read more...]

A Tale of Diversification ( Part 2 )

In previous blog post , I have shared my experience of diversification into Telcos and O&G industries which is still sitting on paper loss of more than - $12 K ( here ). In today’s part 2 , I am going to further elaborate my story of diversification into banking sector since 2016. Some may still vividly remember that banking stocks has been beaten-down in end 2015 and early 2016 due to … [Read more...]

A Tale of Diversification ( Part 1 )

As you may notice from my portfolio (here ) which is very much skewed toward high yield counters like REITs and Business Trust. I would recognize and think that this is not good  in the long run as asset concentration in just one or two sectors in my portfolio , as such , I try to diversify and accumulate some non-REIT or Business Trust counters when situation allow. I have picked up some … [Read more...]

Do You Look At Management Fee in Selecting Which REIT to Invest ?

We do understand that most of the time, "yield" is the main consideration for investors to invest in REIT and of course other thanP/NAV , gearing , interest coverage ratio, asset quality , occupancy rate etc. Other than normal property expenses such as interest & finance cost and operating expenses , management fee is also the major cost for a REIT.  How often do we really look at the … [Read more...]

Should You Be Worried About Geopolitical Risk ?

European markets and Dow Futures seems celebrating on the news of today’s French Presidential Election result. FTSE , DAX and CAC 40 all up by 2-4% at the time writing and Dow Future also up by more than 200 points. Recently, investors seems given more concerns to geopolitical issues where it hasdominated the market move base on their preliminary or final results , since BREXITreferendum on … [Read more...]

I Read therefore I Write : Next Financial Crisis May Cause by ETF

On 19th April , The Business Time published an article on issues related to ETF , “Vanguard is growing faster than everybody else , combined !! “. No doubt , ETF which is tracking indexes from all over the world is getting so popular because of lower cost as compare to active management. “In the last three calendar years, investors sank USD$823 billion into Vanguard Funds , by any measure , … [Read more...]

What I Learned From These Two Blog Posts

You might have noticed that the frequency of me updating my blog post has reduced recently. Yah .. I have been busy catching “Pokemon” and running around many parks which I never or have no time to explore before during full time working . Places like “ MacRitchie Reservoir “ ,” Woodland Water Front Park” , “West Coats Park” , Fort Canning Park “ , ChangiVillage “ , “ Bishan-Ang Moh Kio Park … [Read more...]

The Importance of “Human Capital” in Financial Planning

For a company or organization, “Human Capital” is a measure of the skills, education, capacity and attributes of labor which influence their productive capacity and earning potential. According to the OECD, human capital is defined as: “the knowledge, skills, competencies and other attributes embodied in individuals or groups of individuals acquired during their life and used to produce … [Read more...]

Special Situation (Event) Investing

What is a 'Special Situation' Investing ? You may or may not heard about this before but below shall give you some clue or clearer definition : Time to explain : From Wikipedia : Special situation in finance is an event turning business to go not as usual and materially impacting a company's value. The notion covers restructuring of a company and corporate transactions such … [Read more...]

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$mart.sg (here) Why it makes sense to contribute to the SRS account (to a certain extent) from moneydigest.sg … [Read more...]