Author: Unintelligent Nerd

More free courses from Temasek Polytechnic

A friend informed me the other day that Temasek Polytechnic is offering some more free courses. This time round, it is not limited to alumni only. It is open to the public (Singaporeans and PRs). See here for details (if the link does not work for you, google “Micro-Learning Courses Temasek Polytechnic”). Interestingly, completion of these courses could lead to partial/full module exemptions from some of their Specialist Diploma programmes. For the benefit of those who might have missed it, Temasek Polytechnic previously offered their alumni a free course from their Temasek SkillsFuture Academy. See my previous post here for...

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Q1 2018 Portfolio Update

With a blink of an eye, a quarter of 2018 is over. How has 2018 been for me? So far, 2018 has been kind to me in every aspect of my life. Since this is an investment blog after all, I shall begin with a review of my holdings. As I am primarily an income investor, the trend in dividends received is one indicator that I pay attention to. This does not mean that I conveniently overlook unrealized losses, stick my fingers into my ears and go “la la la, I can’t hear you.” I have observed new US...

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A Quick look at Tootsie Roll Industries

Occasionally, I use Finviz to screen for stocks that are at their 52-weeks low. This time round, Tootsie Roll is one of the names that popped up.Tootsie Roll is not an unfamiliar name to me. I have been trying to familiarize myself with the names of consumer staples stocks to invest in, for their “supposedly” defensive characteristics. Often, even defensive investors ignore this counter for a variety of reasons. First, the yield is measly. At ~1% yield, yield-starved investors could find better deals in the market. Second, its growth pales in comparison to its peers. Third, the management team...

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Making a CPF nomination

I have just made my CPF nomination recently. As it is still fresh in my mind, the following is how the process went for me: 1). Head down to one of their CPF Service Centres (see here for a list of CPF Service Centres). I went with my nominee (The person/s who will be receiving your CPF monies if anything untoward happens to you). 2). Produce your NRIC to the staff, answer some questions related to the nomination (Name, NRIC, Nominee Name/s, Nominee NRIC/s, relationship to Nominee/s, marital status). Staff emphasized that any change in my marital status would...

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Jan 2006 to Dec 2006 Singapore Government Bond Yield Curve

In one of my previous post, I spammed my readers with a bunch of yield curves from January 2007 to December 2009. The idea is to eyeball the data and verify whether was a yield curve inversion present before/during the Global Financial Crisis (GFC) and how well do changes in the yield curve over time provide us with ample warning of a stock market crash. Unfortunately, the endeavour did not bear much fruit. The yield curve became more normal as the GFC unfolded. Still, I did observe that the yield curve was pretty much flat during the first quarter...

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The smell of desperation

One of my new colleagues who joined us in the last quarter of 2017 is visibly disturbed. Since a month back, she has been panicking over how she could get her name on a journal publication. Her desperation was so bad that, during our last meeting, she raised a question to our bosses how she could be involved in the publication process…….after our bosses gave a dressing down to the data collection team (which she is part of) for failing to meet the data collection KPI even after hiring new data collection personnel to boost data collection rates. Ouch....

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Jan 2007 to Dec 2009 Singapore Government Bond Yield Curve

A belated lunar new year to my readers.With the submission of my last assignment for the semester, it is time to blog again. In my previous post, I described where and how do you get the data to plot the yield curve. In this post, I will be spamming everyone with line graphs of the Singapore Government Bond Yield Curve from January 2007 to December 2009. The underlying rationale is to eyeball the data to verify whether was a yield curve inversion present before/during the Global Financial Crisis (GFC) and how well do changes in the yield curve over...

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How to plot the yield curve using SGS data

Where do you get the necessary data to plot the yield curve? How do you plot the data points? How do you interpret the yield curve? These are some questions that have been on my mind for quite a long time. I have been reading the financial blogosphere and was secretly hoping for someone to address this topic. I’ve waited and waited to no avail. As I’m thinking of doing some mathematical modelling with bond data in the future, I decided to force myself to search for answers to my own questions. First, head over to the Monetary Authority...

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History of Cash Calls for REITs (Updated as at 20 January 2018)

Since I have some time now, I have just updated the history of cash calls for REITs list (see here for the updated list). The last time I updated it was in March 2017 (see here). Since then, there have been a number of additions to the list (Cromwell European REIT and Keppel-KBS US REIT). Off the top of my head, I recall that the following REITs raised cash during this period: (a) AIMS AMP Capital Industrial REIT, (b) Cache Logistics Trust, (c) Capitaland Commercial Trust, (d) CDL Hospitality Trust, and (e) Manulife US REIT. As always, don’t take...

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2017 Reflections, 2018 Gameplan

Hi to all my readers. I know this is very late, but here’s wishing everyone a happy new year and good health to all! 2017 has been a good year to me. Though some of the challenges I’ve faced made me doubt myself, I somehow managed to pull through and learn from the experience. Career-wise, I am thankful for the bump (in my industry, at least) to my salary. At the rate I am going, while keeping my fingers crossed, I will be hitting $100k net worth before the end of 2018 (excluding CPF and emergency fund). When I...

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Year 2017 Portfolio Performance and Dividend Income

With the closing of the stock market for the year, it is time to compute the required statistics to measure my performance for the year. In this piece, I will review how I have fared as well as the strategy to employ for the new year. Similar to what I have done previously, I will go through my dividend income first. For my SGD-denominated counters, the trend in dividends received pales in comparison to 2016. This could be attributed to the following reasons: (a) profit-taking on some of my counters in the earlier half of the year, (b) poor...

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What will I do after achieving Financial Freedom (part 2)

This is a continuation of my previous post (see here). After some thinking, I think it is not wise to blab about my interests as well as the potential areas of interests that I am keen to develop. Else, I will really overdo it with the number of “parts” there are to this post. To make it more relatable, I think it would be better to show how I could potentially fill up my schedule with various activities over a 1-week time-span. For this hypothetical scenario, let’s assume that I wake up at 8am each day and head back...

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What will I do after achieving Financial Freedom (part 1)

This post is a response to La Papillion’s most recent post (see here). Now I am starting to think twice whether is it a bad idea to respond to his post. I have plenty of thoughts concerning this topic and I think it would be quite difficult to form it into a coherent whole. I think the most important thing is to know why you want what you want. Not many people are able to sufficiently distill their raison d’être and clearly articulate it to others. Personally, I struggle with expressing my worldview to others. It always end up...

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A Quick Analysis of Société Bic

A couple of months back, I was looking through the consumer staples sector and I came across Société Bic that is listed on the Euronext Paris (EPA). For those unaware, EPA is the French stock exchange. Société Bic is a company that sells stationery, lighters, and razors. I personally have come across the ballpoint pens that the company sells. I don’t think I have come across the other two product categories which they carry. What I liked is that the company is not dependent on any one category of product; their revenue sources are quite diversified (see screenshot below) and...

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Free course for Temasek Poly Alumni

Just a quick post. Don’t say Unintelligent Nerd bojio when there’s free lobangs. Apparently, Temasek Poly Alumni are entitled to redeem one free SkillsFuture Series course (see here for details). The course has to commence within the period of January to December...

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