Author: Rainbow Coin

Use Skillsfuture Credit to up your financial literacy

In view of the Skillsfuture Credit kicking into effect from this year, SG citizens age 25 and above are given $500 to kickstart learning. Since it’s free lunch given by ‘ah gong’ (sg government), why not? BUT before you excitedly start signing for courses around, you might want to first find out what courses are eligible for the $500 subsidy. Check out the list here http://www.skillsfuture.sg/credit. What courses can help you improve on financial literacy or understand investing better? Check them out here: https://portal.wda.gov.sg/content/wda/course-search-directory.html?CourseTitle=finance https://portal.wda.gov.sg/content/wda/course-search-directory.html?CourseTitle=invest SIM modular courses: http://www.unisim.edu.sg/CET/Documents/SkillsFuture%20Courses%202015.pdf You could also check out SGX Academy for more investment courses...

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Balance Sheet & Cashflow – summarized definition

I have decided to free this content up from being a Page into a Post so I could put my page space to better use, akan datang. Nevertheless this is very important stuff to make sense of the annual reports that the companies you invest in send yearly. Making sense of a company’s Balance sheet – it should all balance up In a Balance sheet there’s two parts of equivalent values: 1) Total Assets $ = 2) Total liabilities and Equity This is because Equity = Total assets – Total liabilities, so both values would be same. Equity is also known...

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RM – expectations vs reality

To deliver excellent Customer Service in FMCG retail is hard. It is even harder than doing so in burger chains. You don’t believe it? Go and try working in one instead of being a customer who just observe. At the burger chains, the Counter Staff multi-tasking duty revolves around two things – cashiering and passing the correct prepared food to customers. If you go to the big shopping malls these days, you might have noticed that most of the fast-food chains are evolving their services. Mcdonald’s and KFC starts to have separate cashiering and serving counters plus automated self-order...

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Time or Money? II

Some time back last year, I briefly penned a post Time or Money? at a point when I was gloomiest about work, Today I read something interesting in the book 4-hour Workweek: “People don’t want to be millionaires—they want to experience what they believe only millions can buy. Ski chalets, butlers, and exotic travel often enter the picture. Perhaps rubbing cocoa butter on your belly in a hammock while you listen to waves rhythmically lapping against the deck of your thatchedroof bungalow? Sounds nice. $1,000,000 in the bank isn’t the fantasy. The fantasy is the lifestyle of complete freedom it supposedly...

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Revisit: Knowing when to sell your shares

[First published on 3/9/14] Below is an article by Motley’s Fool. It was a burning question in me when I first learnt about investment. http://www.fool.sg/2014/03/03/when-is-it-the-right-time-for-you-to-sell-a-share/ “Buy because of the price but don’t sell for the price. Sell because it’s value has depreciated or there’s a better value investment elsewhere to park your money.” In essence, it’s time to part with your shares if either of these happen… P/E ratio goes sky high P/B ratio goes sky high Erodingfundamentals of the company Poor outlook of business sector eg. competitive edge has worn off, declining industry I have to add one more – 5. when market sentiment is turning...

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How much do I need to retire

I used the DBS retirement calculator here. And discovered I need at least $1 million to retire if I want to retire 20 years from now. Assuming I spend only 60% of my current income on retirement.  (I suspect the system didn’t take into account any prospective pay rise or maybe it just assume a flat inflation rate of an unknown x% for all the current figures. My shortfall predicted at $xxx,xxx with a beautiful chart representation.) So what now? I have to do either or all of the following in the years before retirement: Increase Human asset value Increase Income and Saving...

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Share price woes of Keppel Corp

Keppel Corporation announced earnings results for the year 2015. For the year, the company reported net profit fell 19.1% to SGD 1.52 billion, with its fourth-quarter results hit by a SGD 230 million provision for the default risks tied to a USD 4.9 billion rig construction contract with the financially stricken Sete Brasil. -SGX 2/3/16″ Biggest dip for share price in the year: $9.54 to $4.64 (a whooping -51% that sent the price below its NAV) Current share price: $6.19 (-35% from Yr 2015 high) Keppel’s offshore and marine sector contributes 53% of its total revenue. Here’s a short analytical article by The FifthPerson. The good things are they have set...

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Book review: Rich Dad’s guide to investing

I borrowed this book from the library last week by chance. If you expected it to be your usual FA TA book then you would be sorely disappointed. It sounded more like a pep talk book most of the time – in adjusting the reader’s mindset to think rich. The first couple of chapters in the book reminded me of SMOL’s favourite line “come have a kopi and char shao bao…”. Then it goes on saying one should get to know oneself and what type investor one wants to be. (The message I got: One should aim to be...

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4D market rules in a crash

My mom likes to call playing the stock market gambling. I rebutted that it is NOT gambling, because you know the cards dealt to you and there is the element of control which is absent most of the time in gambling. This 4D is not your toto 4D. These 4Ds are some of your control. Don’t catch a falling knife. Don’t capitulate when there’s a sell-down frenzy. Don’t try to average down, especially with margin. Cos this is like number 1+2 combo which equates money suicide.But is short-selling with CFD a good idea? I haven’t tried this round. Do diversify....

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Happy Monkey Year 2016!

If you are bored this new year (like me), let me introduce to you an addictive monkey game available on Window 10 and iOS called Bloons TD Battles. This is a great game to teach you and your kids on resource management. It is fun and quick to play with no test on patience (oh I hate those games that drag on and on). Basically you start off the game with some cash to buy monkey towers (you will earn more cash as the game progresses). The objective is to clear as many levels as possible by popping balloons of...

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My investment "Inside-Out" table

Anxiety, fear, greed, over-confidence…. we are often overwhelmed by many emotions when navigating through our investment decisions. Thus, I have made it a habit to document and reflect upon those emotions together with investment mistakes I’ve made. I know otherwise I would have the tendency to keep repeating my old mistakes. It is in the form of a simple table in an excel sheet. (Yes, the boring excel sheet is a wonderful tool for all sorts of investment recordings.) The table has three columns which runs down chronologically. One column is the date, one is the emotions or ‘how I...

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Keppel Corp – signs of oversold?

I seldom put up speculative posts, but can’t resist one here. Maybe signs of oversold have been long overdue but now is SUPER oversold. BN4 All time high this year: $9.54 All time low this year: $4.82 RSI is at extreme low of 30.67. Volumes are higher than usual last week plus consecutive price falls are indicative of big sell-down. Are investors capitulating or what? (And I also wonder if brokerages have enough shares to lend those short traders.) Date Open High Low Close Volume Adj Close* Jan 15, 2016 4.95 4.98 4.82 4.84 10,188,000 4.84 Jan 14, 2016...

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Confused about the market?

With so many information about the market and investment opportunities available to us – from news, charts, books, blogs, company websites, forecasts to advices from gurus, how many of us are NOT just ‘seeing’ the things we want to ‘see’ and noises we want to ‘hear’? We not born investors or traders in the market. Most of us started off like blind men feeling the elephant. Don’t despair, it’s not end of the story yet. We need to recognise that it takes time to touch and figure out the elephant. Don’t jump to conclusions without first asking the What, Why, How...

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A mock S-REIT portfolio (2)

About one month ago, I created a mock basket of S-REIT portfolio. Let’s see how these ‘kembings’ (every week I learn new terms from SMOL) have fared through Nov and Dec… Market $ Entry $ div yield% Shares P/B EV/EBIT Amount Reits Ascendas Hosp Trust 0.73 8.20 4800 0.7 26.7 $3,504 First Reit – health 1.17 7.00 2600 1.1 20.1 $3,029 CDL hosp 1.30 7.20 2300 0.8 15.6 $2,979 Ascott hosp 1.13 7.10 2500 0.7 28.8 $2,813 Mapletree logistics 0.98 7.30 2800 0.8 18.5 $2,744 Lippomall 0.30 10.20 10000 0.5 10.8 $2,950 Starhill global 0.74 6.80 3000 0.8 19.3...

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Revisit: Buying into the right business

When we buy stocks, we are actually buying into those businesses. So when you own the shares of example company A, you are actually buying into a small portion of company A’s business. That is stocks in a nutshell. Of course you would want to make sure that company A is doing very well with your money running its businesses and wish it has the potential to grow stronger – such that it’s earning will increase and demands for its stock will go up, in turn leading to increase in its share price. Stock market is a weighing machine...

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