Thoughts #10: Correction or Capitulation?
Global markets fell c.6-10% this week. The US markets finally cratered after months of strength despite markets in Hong Kong, China, Japan, Europe correcting, led by the internet names that had done so well. The question is then whether this is just a correction or is...
STI has dropped almost 17% since 2 May! Is a bear market coming? (14 Oct 18)
Dear all, U.S. equity markets have logged their worst weekly performance in the past six months. For our local market, STI has dropped 16.7% from an intra-day high of 3,642 on 2 May 2018 to an intra-day low of 3,035 on 11 Oct 2018. It closed at 3,069 on 12 Oct 2018....
Ultimate Compilation: Hidden Costs You Are Paying For
Breaking down 'chim' finance knowledge into manageable pieces so you don't have to. You can contribute your thoughts like Ruth here. A while back, we listed things that people were consciously spending on that could have been added to their savings instead. Yet, we’re...
Your Rojak Portfolio and How to Fix it.
Over the years I had the chance to take a glimpse at some of my friends, family and co-worker’s portfolio. And often it looks like a mesh of financial assets that is all over the place. Sometimes, I can bring up some financial assets that they have, which they totally...
Cory Diary : Passive Income Plan with recent volatility
STI Index has corrected about 10% this year. From 3402.92 on 29th Dec'17 down to 3069.17 last friday. Yield improved from 3.3% to 3.68%. For people who invest now, that's $3,380 more dividends for a million dollar portfolio in STI Index. I would be celebrating on the...
Top Reads this Week (14 October)
1. Guide to the Markets (JP Morgan Asset Management) There’s a ton of really great charts in this latest report by JP Morgan. Presented without commentary, it really shows how you can spin the data to fit any narrative you want. 2. Why the Best Predictor of...
October 2018 Financial Results Announcement Dates
It is almost coming to the end of the year and I am expecting to receive my last tranche of dividends payout from the REITs I am holding. With the recent announcement of Fed interest rate hike, it impacted the share price of REITs, causing them to decline slightly....
White Knights Charging Forward To Save Hyflux And Tuaspring
In my last post on 21st July 2018, I have posted the reasons on why the government should step in to bail out Hyflux. I have also mentioned that Temasek linked companies such as Keppel and Sembcorp should step forward to rescue Hyflux. My wishes came through-both...
Portfolio – September 2018
This update is way overdue! We were too busy with our wedding (I probably sound like a broken recorder) and didn't really had the mood to do any other thing. Now that it is over, I am back in action :) In total, we spent about $6.5k on our wedding which was...
Thoughts on REITs being negative to an economic system?
Readers of my blog likely knows I'm fond of REITs; they offer a place in income investing portfolios and I have a preference to regular realised gains as opposed to purely paper gain despite less sensitivity to the bull. In spite of the rising interest rate...
The Red Scare
The whole world went red during the period of 10-11 October, sending investors and traders alike panicking. Fear and anxiety gripped the financial markets as almost all major indices took a nosedive during those two days. While I shall not dwell on what really...
The cost of my budget wedding – all-in @ ~$27,000
Hey everyone! I've been MIA for some time because.....I just got married! My wedding planning started back in Jul 2017, and the first plan I did was to decide the amount of money I bear to spend for the wedding. I also did a breakdown of the budget for each item such...
What You Need to Know about Keeping Cash in Investing
This week have been a busy week at work and perhaps over the weekend, I would like to digest some thoughts about Manulife. So for my coverage, I should be writing some really short articles to compensate for the inactivity. The volatility have picked up this week, and...
The Price You Pay For Convenience: 38% More Expensive Compared To In-Stores
< BACK TO MAIN BLOG 13th October 2018 Turning finance into boba-sized pieces. One iced milk boba tea, please! You can contribute your thoughts like Cherie here. Have you ever been so lazy to walk out and get food that you rather order using food delivery services?...
Is the Hang Seng the best way to bet on China?
Source: Fortune The thing about being a financial blogger, is that through reader questions, you can get a good idea what the flavour of the month trade is. And the past month or two, without a doubt, it has been the China trade. The most common questions I have...
Bubble Tea Addicts: Which Bubble Tea Brand Is The Cheapest?
Turns caffeine into digestible finance content. You can contribute your thoughts like Ming Feng here. Bubble Tea is the most unhealthy drink according to nutritionists, but no one seems to care. Grabbing a cup of Bubble Tea may seem harmless for a start. But if the...
Updates on Portfolio Realized and Unrealized Profit
As of 28 September 2018 My portfolio has swung back into the positive region from last month bad result due to the fall of 800 Super. This month, the spotlight is now on M1 as Keppel and SPH bid for majority control over M1. The general offer price of $2.06 is at 26%...
ARE YOU PREPARED FOR THE NEXT FINANCIAL CRISIS
Value investing is an intellectually and emotionally demanding discipline where the latter may be arguably more important than the former. Hundreds of hedge funds helmed by the leaders of the industry fall prey to the inefficient market when the financial crisis hit....
Revisit: How interest rate affects the market – a mathematical courtship
What would happen when the banks increase their interest rate? Here's a very simple theoretical summary of the relationship between interest rate and securities.REITS might be adversely affected due to the increase in their debt's interest (so they either have a...
Podcast Ep#16: Should I Buy Resale HDB Now?
Are you currently looking to buy a home for your own stay? Should you buy resale HDB flats? Let’s discuss it in this podcast. We will cover four main topics in the video: 1. Will HDB resale prices continue to fall? 2. Why more are buying HDB resale flats? 3....
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