Author: Turtle Investor

Bought Dyson V7 Fluffy+ For $349 (Lazada Sale)

#NotSponsoredPost I love buying stuff on online platforms during their mega sale events. Not the first time doing this on Lazada, so I roughly knew what to prepare for. My vacuum cleaner is 8 years old – bought it when I moved into my brand new BTO. Since then, it has worked tirelessly. It was the Philips SilentStar and it is remarkably quiet on low-power settings! With wear and tear, the motor is getting cranky and I can never understand how we are only using the 5th disposable vacuum bag after so long?! Parts were  disintegrating too .. so...

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SG Crypto Hub and Selling Some REITs in the Bubbly Market

Squeeze out a quick 15-minutes lunch post. One Small Step Singapore has been a breath of fresh air when it comes to welcoming, adapting and embracing blockchain technology. We now have tradeable private equity on the Ethereum blockchain! I was pleasantly surprised to see news today that the first ever private listing has taken place on 1exchange (1X), the only regulated private securities exchange with a Recognised Market Operator licence granted by the Monetary Authority of Singapore. The listed entity is none other than Singapore-based boutique fund management company Aggregate Asset Management (“AAM”), which has listed on 1X with...

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Top Up Parents’ CPF-RA (Retirement Sum Scheme) To Increase Payouts – A Letter From CPF

After my post in April 2019 about hitting the annual Basic Healthcare Sum target, the engines of wealth have been chugging along nicely in Q2. I’m still on target to hit my goal of reaching the CPF Full Retirement Sum 2019 (FRS) of $176,000 with the current amount at the 86% mark of $152,000. Comparing against the chart above, I have made progress of around $12,000 this year. Looks like it is 1/3 down, and another 2/3 to go? In a previous blog post, I wrote about having the option of transferring out my own CPF money to my parents’...

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Epitome of Positive Reinforcements – New Streams of Passive Income

When I first started helping my wife with investing her hard-earned money in January 2017, I was hoping that the positive reinforcements from receiving dividend income 8 out of 12 months a year would make her interested in finance matters. And yes, it did help. If I thought I was darn smart for doing that, heck – I seriously underestimated what I would eventually uncover. Blockchain technology has upended this whole idea “dividend income” thing. I call it the epitome of positive reinforcements. Caution – this is not investment advice and I’m not recommending any of these options. Staking...

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Recent Investment Stuff – Buying & Selling

Frasers Centrepoint Trust – Preferential Offering Basically a non-renounce-able rights issue of 31 for every 1,000 held. Applied for 1,000 (including allocated) and received 600 units. The process is pretty simple. Basically, they will send you a letter which you don’t even need. Go to the ATM and apply. In my case, I applied for 1,000 units so they deducted $2,350 ($2.35 x 1,000) + $2 (fee) from my POSB savings account. Because the new units will be listed on 18-Jun-2019, I tried checking both my bank account (for any refunded money) and CDP account the night before (it...

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Turtle Fly Business Class : Singapore – Bali (SQ942/SQ947)

And so, I flew my 4th and 5th Business class flights, this time with Singapore Airlines, during my trip to Bali. Self-printed boarding pass because don’t want to trouble the counter staff lah. My first two were way back in 2012 with Qatar Airways (also to Bali). Without a doubt, the flights (hardware wise) were better than my third with Singapore Airlines, from Taipei to Singapore on SQ879 in 2018, which is also the first leg of my TPE-DPS booking. If you happened to have read my earlier posts, this return trip to Bali is actually made up of...

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Using Citi PayAll To Pay Income Tax (2% Fee) For 1.2 KrisFlyer Miles Per Dollar

Long story short : 1.67¢ per mile — skip this post if it isn’t attractive to you. This is not a sponsored post. Citi PayAll is a Citibank payment utility. I can now pay rent, school and enrichment expenses, taxes, condominium management fees and electricity bills using my credit card via the Citi PayAll feature for a small fee – which is 2% in my case. The cool thing is that, these payments will be able to earn miles! I did a couple of screen captures while using the app, since it was my first time as well. Step...

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I Also Want Easy Monthly Passive Income

The idea of having monthly income from investments is the holy grail for many. I read a recent post here on this. When I tried to do the same thing, it was largely symbolic – could it be done? Many REITs does quarterly distributions, and a large number of them distributes on the month of 2/5/8/11 i.e. payment dates fall on February, May, August or November. And then, there are REITs that distributes on 3/6/9/12 i.e. payment dates fall on March, June, September or December. If you’ve got them in your portfolio, then you’re set for 8 of 12...

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Not A Degenerate Gambler

There is sometimes (what I would like to believe to be) a small speculative aspect to what I buy. Thinking back, there seemed to be quite a few – Saizen REIT (sold), Accordia Golf Trust (holding) and Asian Pay TV Trust (sold). And Bitcoin and Ethereum, of course. Most recently, it was Sabana REIT. The news yesterday was that ESR-REIT (ex-Cambridge Industrial Trust) will be acquiring a majority stake in Sabana REIT after the merger with Viva Industrial Trust. ESR is a Warburg Pincus-backed pan-Asia logistics real estate platform. I think veteran Donald Han is doing a decent job...

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Singapore’s “Struggling” Malls (Part 2)

I was at one of the sub-urban malls over the weekend. It featured direct access from the MRT station, both at ground level and at basement level 1, which greatly improved accessibility, convenience and footfall. Popped by a few eateries. Some were full, a few required queuing – how irritating to have to wait when I’m hungry. Does my photos resemble those in newspapers when the government announces a new policy, and the faces are either too small or else, none that can be seen clearly? I wonder why they didn’t use something like the first picture for the...

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What Happened After Thirty Months Of Collecting Air Miles

[Psst. No affiliate links for credit cards sign-ups because few people read my blog haha.] How time flies. It has been thirty months since I started my little project to start collecting air miles. What gives? OK, the bad news first. I regret to inform that I have not flown on Singapore Airlines Suites Class yet. This is not due to a lack of air miles but rather, life have its way taking control. My plans to fly on Suites Class have been thwarted on several occasions, and for now, the elusive Suites Class remain out of reach for...

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I Love Singapore’s “Struggling” Malls

Horror stories sell, I suppose. I’m sure journalist Andy Mukherjee from Hong Kong knows a lot about the retail REIT scene in Singapore. Cue the usual narrative. Threat of online shopping. Retailers closing physical stores. Rents scraping bottom. Insert a picture of an empty looking building for additional impact. Orchard Road was mentioned twice – Hmm, I wonder why. Wait a minute. Didn’t the retail-REIT giants recently announced quarterly results? FCT 96.0% portfolio occupancy as at end-Mar 2019. CMT 98.8% portfolio occupancy as at end-Mar 2019. What I am saying is that perspective and context matters. The retail REIT scene...

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The Same Breakfast (Almost) Everyday

I have the same food for breakfast everyday. To be more precise, only on working days. I go wild on weekends and on vacations. My standard weekday menu pretty boring – One egg One cup of Kopi-O I’m rather lazy, and definitely not a “morning” person. I have experimented with and tried different kinds of breakfast, but I frequently got hungry before lunch time, regardless of whether it is of the healthy or unhealthy variety. From the gourmet perspective, oh no – my breakfast is extremely bleh. How boring is that! I’m luckily a creature of habit and routine,...

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Switched To Ohm – Bill Sneak Peek

I have no wonderful story to share regarding how little electricity I use. On most months, my household (just wife and myself) usage levels slightly exceed the national average. Blame it on cool air and two desktop computers. What can I say? I spent a fortune on air-conditioning and I’m willing to pay for comfort. 😀 Let’s take a sneak peek at what happens after the electricity retailer switch happened. After signing up, my official Ohm Discount price-plan supply start date was 09-Mar-2019. This means that – 07-Mar-2019 to 08-Mar-2019 : SP Group ($13.59) 09-Mar-2019 to 31-Mar-2019 : Ohm ($61.61)...

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MoneyOwl Investing With Dimensional Funds : Bionic Robo

There is a new robo-advisor in town! After waiting patiently while they rolled out their ‘Insure’ and ‘Wills’ components, the ‘Invest’ aspect finally launched today. Image Credit : MoneyOwl Website MoneyOwl has a good website with plenty of information so give it a read to see how it compares with the existing competition such as AutoWealth, StashAway and Smartly. The main selling point to me, is the use of Dimensional funds. If this is new to you, Kyith from Investment Moats wrote a comprehensive article on Dimensional funds. In my opinion, it is a close match to what AutoWealth...

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