How to survive the corporate grind?

I went for a career development course sponsored by my bank today morning. I had previously gone for the induction training session a few months ago, which turned out to be really fun and interactive. Whilst providing me with a good overview of the corporate values, culture, leadership and structure of the bank. Similar sessions that I have attended at my previous firms have always turned out to … [Read more...]

Need a financial tribe?

If you want to be financially literate, you should be immersed in an environment where everyone is talking about it constantly. Some wise men did say that if you want to find out the character of a person, you just need to look at 3 of his closest friends. We're the average of the 3 persons we talk to most frequently. Being in a group of like minded individuals allows you to be completely … [Read more...]

Yes! There is interest on your CPF Housing Grant, BUT…

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No, this is not another pro-government blog post. Neither is this another anti-government post. This is purely a post to make sense of the article posted by The Online Citizen. The Online Citizen recently published a post called 6 things you weren't told about the CPF housing grant. We thought that the content was really new and surprising and that spurred us to do our own research if it was … [Read more...]

Take that dream job and take on more risk?

This was my reply to a reader's email: Hi L, If you remember, I have a blog that says unless we are rich, be pragmatic, not romantic. Most of us have to work, exchanging our time and energy for pay. If we are not financially secure, then, we might have to forgo that dream job which does not have a predictable income. Having a predictable income stream provides peace of mind which is … [Read more...]

How Investing In Foreign Property Destroyed My Family Wealth

When Heartland Boy applied for a role at a real estate developer after graduation, the hiring manager asked during the interview, “you graduated with a degree in Business Management, why do you want to work in the property sector?” Heartland Boy replied, “My experience with the real estate sector started when I was only very young, probably at 6 years old. I understand that many households in … [Read more...]

Personal Update

There has been no article on Equity Management last week because I as getting into the deep end of the book which talks about selecting the right data and tracking errors, items which are dry even for a dedicated finance otaku like me. Instead, I hope to start talking about the Portfolio Management section of the book over this weekend. So all I have is a personal update : a) School has … [Read more...]

Farewell, ARA… What I learned from my very last meeting with ARA Asset Management

The Scheme Meeting of ARA Asset Management was concluded yesterday, 23 March 2017. A total of 1,056 shareholders and proxies attended the Scheme Meeting held at Suntec Singapore Convention Centre. 857 of them voted in favor for the Scheme of Arrangement to privatise ARA Asset Management at $1.78 per share. When the poll result was shown onscreen, a few shareholders cheered: “Huat ah!” While the … [Read more...]

$500K – Second Milestone Target Reached

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This is an important milestone for me to journal so I could look back in the few years to come to see where I am today. It's importance means so much to me that I think it deserves an article of its own. The last time I hit my first milestone of $250k (Link Here) was back in April 2014, where coincidentally I had my first son born on the exact same day. So many things have happened since then … [Read more...]

Significant Expansion of Singapore’s Coal Mining Stocks

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The number & combined market cap of SGX listed stocks focused on thermal coal mining in Indonesia has grown fourfold over the past three years. Following Geo Energy’s listing in 2012, three RTOs have seen Resources Prima Group, BlackGold Natural Resources and Golden Energy and Resources list on SGX. Two of these four stocks - Geo Energy Resources & BlackGold Natural Resources - have … [Read more...]

KPO Analysis on Ascott Residence Trust (REIT) Rights Issue

Ascott Residence Trust (REIT) announce 29 rights units for every 100 existing units at a discounted price of $0.919 per share few weeks back to raise gross proceeds of approximately S$442.7 million. If you do not know what is a rights issue, you can read about it here. It is one of the way the company raise more fund to do all sort of things (acquire more property, expand business, pay debt, … [Read more...]

Get 14% return on investment per annum.

Reader: Hi AK, I am glad to chance upon your blog recently and is currentlu busy reading up on the various blog post which is quite informative. I recently came across a website which was featured in (a popular personal finance blog) which indicates returns of investment up to 14% through P2P lending to SMEs. I am in the process of checking if these are guaranteed returns which i highly doubt … [Read more...]

What’s the most difficut thing to Plan for our Retirement?

No, its not your rate of investment returns. Nope, its not the rate of inflation that will eat into your rate of investment returns above. Or for that matter, what withdrawal rate to use? (Friend, its not that birth control technique) Ah... You almost got it if you say how to plan whether at 65 you'll be still healthy to do line-dancing, marathons, and overseas travelling; or will … [Read more...]

What are your numbers?

Having just posted about our Sell transactions for Mar 2017, I just realised it’s about time to write about our Buy transactions for Mar 2017 as well. Just need to wait for our last automated POSB Invest-Saver investment into the ABF Singapore Bond Index Fund (A35 on SGX) to go through early next week before I do so. In the meantime, I’m free to write about anything that comes to my mind. I know … [Read more...]

My interview with Myself and Investopenly

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If you are keen to find out more about my financial background and details, click here to read the interview at Investopenly. I am grateful to Richard for publishing my invite even though I am not a financial but a lifestyle blogger. Anyway, for the more personal stuff, here is an interview I imagined for myself: Oh, this is me, not my baby :) 1) Who are you? I … [Read more...]

Singtel share price in supreme form

At a time when Starhub and M1 share prices were dropping like flies, Singtel share price is in supreme form. The corrections for Starhub and M1 shares were due to the announcement of the entry of the fourth telco player, TPG Telecom, which made the winning bid of $105 million for the licence in December 2016. When investing in stocks, always place your bets on the players with the biggest … [Read more...]

Personal Finance is Really Personal (CPF / Insurance/ Housing /Saving /Investing etc)

Personal finance is an interesting subject which is really“ Personal “ as there are many factors affecting a person or family’s finances – how much to keep as saving vs investing , to buy term or life insurance , to take up HDB loan or from private banks , to buy HBD or Condominium and of course the hottest topic of CPF ( to transfer our OA to SA or do a voluntary cash top up into SA account) … [Read more...]

You All Investment Bloggers Like to Make Investing Look So Easy (2)

Read? You All Investment Bloggers Like to Make Investing Look So Easy Avoiding those large losses that deplete our investing capital till recovery looks almost impossible is the key to the final outcome of long investing journey and strictly comply to this principle. 3 Ms - Method, Mind and Money Management! What did you actually see? What is that key to avoid portfolio destruction … [Read more...]

SGXcafe to Expand to APAC!

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After a round of voting and discussion with Friends of SGXcafe, I am happy to share that we have decided to support APAC markets in the upcoming expansion! I have already started work to include Hong Kong exchange data. You should start to see changes within this week. Supporting a brand new market is not easy and would take time to iron out all the details, especially since I developed … [Read more...]