Author: Unintelligent Nerd

Staying in First REIT or marrying just for the sake of marrying?

I must be getting old. I’m starting to get intrusive questions such as “Got girlfriend or not?”, “How come you no girlfriend?”, “Why are you still single?”, and “Have you considered finding a girl and settling down?” In a few weeks’ time, I’ll once again be on the receiving end of the same old fusillade. Apparently, a simple and logical explanation of my situation never goes through: 1). I have no permanent job (see here) 2). I have to “leverage up” to do my Masters first before I can get a permanent post With such an insecure cash flow,...

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2016 Reflections

I’m late to the game. Most bloggers have already wrapped up their reflections of 2016 and have proceeded on towards welcoming the new year. Investment Portfolio My dividend portfolio is chugging along just fine. Soon, the annual dividends will be able to cover the $200/month POSB Invest Saver plan which I am on as well. :) At a portfolio level, I am overweight on REITs (bad thing!). I have padded my portfolio with some more consumer staples and am looking towards adding more if the sector corrects. Meanwhile, I am eyeing some other ETFs and am considering SSBs. I...

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Top/Worst performers in my portfolio for 2016

It’s coming to the end of the year. In one week’s time, we will be ushering in 2017. So how did my income portfolio fare for 2016? I will officially be recording and tabulating the results on 31 December 2016, but it doesn’t hurt to review the performance of my counters thus far. I’m not the type who monitors the prices of my holdings daily, so some of the top/worst performers were somewhat surprising. I define returns as follow: ((Current Market Price + Dividends/Distributions received) – Purchase Price)/Purchase Price I have included transaction costs in the above calculation as...

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November updates

So what has Unintelligent Nerd been up to? I’m pretty much occupied with my new job and school. School work is tough. Considering my background, I think I got more than I bargained for by signing up for the 1-year programme in engineering school. For the first couple of weeks, the terms used by the lecturer flew past my head. My understanding has gotten a bit better since then, but there is still much work to be done. I’m done with 3 tests and am left with 2 more next week before the term closes for a much needed...

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瞒天过海 as my preferred self-preservation strategy

Being a Facebook user, I am observing more of my friends/peers/juniors taking an interest in personal finance. In my news feed, I see more of them liking the pages of personal finance websites as well as sharing articles on personal finance with one another. I think that is a good thing. It is good to pursue self-education in the arena of personal finance which, in turn, would set them up with a better foundation in their lives. However, I’m not going to talk about that group today. Instead, I will be talking about some other interesting folks who, through...

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Book Review: Singapore’s Real Estate – 50 Years of Transformation

In my previous post, I alluded to my interest in developing competency in REITs analysis. However, there is quite a limited selection of reading materials that delve into the topic. For this reason, I broadened my scope and began sourcing for real estate materials in the local bookstores. Today, I will be highlighting some of the points which I have gleaned from reading “Singapore’s Real Estate – 50 Years of Transformation.” – The Real Estate Development Life cycle illustrates how an empty plot of land is converted into a building: (1) Land Assembly and Preparation, (2) Planning and Approval,...

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Musings on life

One long-standing concern which I hope to eventually eliminate from my life is my lack of career stability. Since graduation, I have been holding on to contract jobs as a social science researcher. While there are the lucky few who managed to secure permanent research positions as a degree holder, the majority of organizations in my field are looking for Masters or PhD holders. With plenty of me-time in-between jobs this time round, I reflected quite a bit: Work/Colleagues I could never get used to this feeling of being a sojourner of sorts. Once I am finally comfortable with...

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Reading up on Cryptocurrencies

I have been reading up on Cryptocurrencies lately. This post will serve as a summary of what I have learned from my readings. Specifically, Don and Alex Tapscott’s Blockchain Revolution and Prypto’s Bitcoin for Dummies. Blockchain revolution exposed me to the concept of the blockchain – the underlying technology that supports cryptocurrencies such as Bitcoin. In fact, people should focus on the blockchain rather than on the individual cryptocurrencies such as bitcoin because of its potential applications beyond finance. I will be listing the points which stood out in my reading as well as my thoughts: – Blockchain technology could be...

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MAMA and Investing

No, I’m not referring to your mother. I’m referring to the words underlying the acronym MAMA – Moratorium Achievement Moratorium Achievement. Let me take a step back. How do individuals develop their sense of identity in life? When do they develop their own sense of personal identity? Is identity fixed or is it a fluid concept? While there are many psychological theories that aim to explain identity development in humans, today I will only be discussing the work by psychologist James Marcia. His thesis is that identity is a result of the dialectical interplay between exploration and commitment. In...

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Thoughts on the HI Module

Insurance is important and I know zilch about it. As part of my quest for personal development, I have spent the past 2 weeks studying for the Health Insurance (HI) Module offered by the Singapore College of Insurance (SCI). Why 2 weeks when I could have scheduled the examination at any time? Because I came across another blogger who shared that it could be done within 2 weeks. Well, I passed the module, but I now know I should allow myself additional buffer time when I do attempt the remaining SCI modules in the future. Hopefully, as I take...

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Book Review: The Rise of the Robots – Technology and the Threat of Mass Unemployment

Before I begin my book review, I would like to thank owq for some additions to my previous post. Initially, I planned to write a part 2 on the post. After some mulling through, I decided otherwise. Instead, I will be sharing what I have learned through reading Martin Ford’s The Rise of the Robots: Technology and the Threat of Mass Unemployment. Book reviews will also be one of the common features of my blog. The Rise of the Robots is a title that has always caught my attention whenever I visit Popular Bookstores. First, I have a personal...

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History of Cash Calls for REITs (Part 1)

One of the grouses which investors have against REITs is that the asset class occasionally calls for cash. Therefore, it comes as no surprise that there is a saying that what a REIT distributes out is eventually taken back in with the use of cash calls. This sentiment has caused some investors to shy away from investing in REITs. However, is the above notion really an accurate depiction of REITs? I decide to find out. Before sharing my findings, I need to note down some obstacles which surfaced during my search: 1). Some of these cash calls are not...

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