Author: The Tale of Azrael

Applied for my First Balance Transfer

Previously, I have written that I have applied for a few cards with other banks to get more credit limits for balance transfers. I also realised that CIMB cards don’t offer that option (stupid me). However, I realised that Maybank offers a rather nice rate (I heard from my dad that they offer one of the best rates as well, it is also lower than what I got, so stupid me twice). This time I am trying OCBC, as OCBC is running a promotion, for a balance transfer of 8000SGD to purchase shares here. As this is my first...

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Portfolio Transactions Update (May 2018)

Updates for my portfolio for May 2018 Still need a lot of work on my portfolio watchlist, looking to include shares from other developed nations. But all of these are on hold as I’m having some heavy commitments, work is not very friendly now as they are cutting OT and time after work is reduced. Buy Starhill Global REIT at 0.685 Reasons PB and Dividend Yield is near 5 year lows (0.74x and 7.2%) Generally, the outlook of retail seems to be flat and potentially recovering, dividend yield is decent while waiting Buy Singtel at 3.29 Reasons Dividend Yield...

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Tibits I learnt from "PEACE Investing"

So the 5th book, I’m reading to learn more about investing in Residential Properties in Singapore. You can find the previous post here So off we go: This book is more about renting than flipping it seems (which makes more sense and is less speculative to me). Focus is on high yielding properties Properties must already TOP so you can rent immediately Make it easier to rent by pricing rents slightly below market Property must generate positive cashflow like a business Focus on acquiring cash cow properties If rental income cannot service debt, try to borrow less until rental...

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Portfolio Transactions Update (Apr 2018)

Updates for my portfolio for Apr 2018 Still need a lot of work on my portfolio watchlist, looking to include shares from other developed nations. But all of these are on hold as I’m having some heavy commitments (finishing my research into property investing soon, so more stuff to do after that ^^”). Sell Comfort Delgro at 2.15 (loss) Reasons Structural Change in industry due to disruption from Grab and Uber Although Grab and Uber has decided on merger, and potential entry of Go-Jek from Indonesia here. There’s Ryde too. If Go-Jek really enters the market, Go-Jek would have...

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Tibits I learnt from "Buy Bye Property"

  So the 4th book, I’m reading to learn more about investing in Residential Properties in Singapore. You can find the previous post here So off we go: This book is loads better than his second book in my opinion. On Buying Properties Start early, don’t procrastinate Can stretch longer loan duration Less financial commitments Following advice of others and thinking one can not go wrong with property is a way to failure Do as much research as possible before buying Look for High Quality with High Returns (both are important, but hard to find) View property to inspect...

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Tibits I learnt from "Multiplication Strategies in Real Estate"

So the 3rd book, I’m reading to learn more about investing in Residential Properties in Singapore. You can find the previous post here. So off we go: Positive cashflows and certainty of capital appreciation is important in real estate investments. Capital appreciation in property is required, not an option. Property Market is not efficient, thus the real estate indexes are not very reflective of all markets, even in hot or good markets. Real estate is quite unforgiving, if made a mistake, takes a long time to breakeven or take a loss to undo mistakes. Keep checking the market to...

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Tibits I learnt from "Buy Right Property"

This is a continuation of me trying to learn more about investing in Residental Properties in Singapore. You can find the previous post here. So off we go: Property books from overseas (such as US) are not applicable to the market here (make sense considering US has a lot of land space, perhaps something like Hong Kong property investment book would be better? But that being said, Singapore has much more regulations than Hong Kong). Property is better than equities due to leverage (but now we got the Maybank REITs Financing though, we also have Share Financing and even...

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Tibits I learnt from "The Ultimate Guide to Real Estate Investment in Singapore"

As I was talking about looking to increase my competency in investing in residental real estate in Singapore, or at the very least, understand why are people doing it, in a post here. I’m basing my takeaway from a rental investment property POV. So here we go: Suggestions from the Author Start early with a longer time horizon (the same mantra given for shares) longer loan duration, which requires lower installments (but you pay more interest somewhat) Property prices increase with inflation Don’t keep waiting to save enough for your dream home, can start with HDB and progress to...

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Choosing Manulife ILP Funds for a friend with Manulife ILP Plan

One of the books I read early in my investment journey was the Passive Strategy of Index Investing “The Little Book of Common Sense Investing” by John C. Bogle, where he has a group named “Bogleheads“. I was told by a friend who looked me up regarding a fund switching that was advised by her Financial Advisor. So I went to have a look. So the plan is Manulife ILP plan with a focus on investing, with no protection clause in it. She’s currently not interested in exiting this plan and manually going about it using low cost ETFs....

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Open Market for Electricity for Jurong region

Seems like the Government has opened up a “Open Electricity Market” for retail consumers in Jurong. Seems quite interesting. You can read about it on Straits Times and here. Interestingly, Starhub paired with a Solar power company (diversifying out of telco biz?) and M1 with Keppel (probably due to Keppel having a large stake in M1 I guess). I looked some stuff about it and found this website. Seems like it is kinda like a fixed vs floating rates (like a loan). Talking to one of the promoters doing this, they told me that SP Power owns the Power...

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Portfolio Transactions Update (Feb 2018)

Updates for my portfolio for Feb 2018 Still need a lot of work on my portfolio watchlist, looking to include shares from other developed nations. But all of these are on hold as I’m having some heavy commitments. Recently, we had a dip in the market, which unfortunately not much bargains for me. Buy Singtel at 3.50 Reasons Despite the coming telco, only about 30% income comes from Singapore Management has shown to be more forward looking, and has been trying to diversify income away from being a pure telco. Valuation wise is at my sweet spot of a...

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Trying out OCBC Interest-Free Installment Plan (Credit Card Service)

I recently had a larger than usual purchase on Lazada and I happened to see this IPP plan where it is interest-free installment plan for credit card users from OCBC and DBS. I have been manually creating savings goals to reduce the effects of heavy 1-off large cash outflows to optimise my monthly cashflow, seems like this is an interesting alternative if it is applies. Seems like only certain DBS credit cards work but all OCBC cards are accepted. Of course, you must have sufficient credit limit left on your card too. There’s quite a few merchants there too....

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Books on Singapore Real Estate Investing

Maybe I should do one with Singapore Dollar Notes I was bored and wondered if there are some books on Singapore Real Estate Investing that I could look at hopefully with similar vigor as Equities. This is as a result to fulfill my curiosity in perhaps why and how property investing in Singapore is done and if it does prove to be a better yield and return vs Equities, could look into it to supplement my portfolio in the future (Maybe my own residential REIT)? I would be more focused on Residental mostly as commercial, industrial and retail can...

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2017: A year in review

Thought I’ll do a review of 2017. On my own personal finances   Achieved investing savings target of 24k/yr, achieved 25.1k actually. This excludes funds diverted for a side venture of mine. Had kept my expenses as low as I could, seems like focusing on how to allocate every dollar well seems to be working. It was also boosted by a one shot OT which was about half of my one month take home pay. Creating a future expenditure budget and planning on expenses in advance (by deducting as a monthly expenses) seems to be working well too. This...

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Portfolio Transactions Update (Nov 2017)

Updates for my dividend portfolio for Nov 2017 Still need a lot of work on my portfolio watchlist, looking to include shares from other developed nations. But all of these are on hold as I’m having some heavy commitments. There’s nothing to buy recently either though. Buy SBS Transit at 2.53 Reasons Disclaimer: This was a heads-up from a friend Looking at potential upside from the new Bus & Rail Contracting models, reduced capex spend, from asset heavy to asset light SBS also has a market share of about 60% due to the recent bidding of the bus contracts...

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