My investment portfolio, market value and position sizing.

I feel that I have been blogging a bit too much recently and it is probably a good idea for me to go offline for a few days. So, it won't just be blogging that I am avoiding but everything else that requires me to go online to do as well. Hence, I won't be replying to comments and emails either. Before I go offline in another few hours for the next few days, I should respond to a request … [Read more...]

An incomplete analysis of SingPost.

SingPost was a company I was looking at just a few months before Alibaba came into the picture. Thinking of adding it as an investment for income, I was waiting for the share price to go a bit lower before buying. However, Alibaba came in and bought a 10% stake at $1.42 a share and the share price went ballistic. This was in 1H 2014. I told myself I should be patient and wait. Then, Alibaba … [Read more...]

$500K in gold and waiting for stock market crash.

Gold is not a productive asset. Hi boss! Like to ask you on a topic (precious metals) rarely mentioned on your blog. I love precious metals (gold and silver) and anything in gold I can wear. I liquidated all my shares in 2013 in anticipation of a market crash that didn't happen till date. If I were to liquidate all my gold today, I will get back 500k.  I like to ask should I continue … [Read more...]

Sizing my investment in SPH.

A journey through time with SPH. When I tell people I am a blogger, some assume that I am IT savvy. People who say that are probably not very IT savvy. We only need to know how to use a word processor to blog. My generation and those who are older would remember that in between typewriters and PCs, we had word processors. Their time on Earth was pretty short, however. I am really a … [Read more...]

KrisEnergy Preferential Offer – Measured Risk Taking

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After raising money back in 2005, KrisEnergy is back at the deal table due to their upcoming notes this year. Seems that it was a pretty good deal for the shareholders, as the zero coupon bonds that were issued are secured. However, instead of a vanilla zero coupon bond mechanism, they moved the discount on the zero coupon bonds to the free warrants attached to the bonds. Pretty cleverly designed … [Read more...]

Stock pick- It is time to be greedy (part 2)

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Part 2 of my stock pick story If you have missed the first one, you can read it by clicking the link “stock pick- it is time to be greedy (part 1)”. Question: Will you do well with just 10-20 stocks? There are 2  schools of thoughts when it comes to holding the number of stocks in your portfolio. One school like to hold maximum 10-20 stocks. They will spend time to research really good one and … [Read more...]

Essential Terms that all Bonds Investors must know

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Bonds are like IOUs. Borrowers (usually businesses) issue bonds to raise funds by reaching out to investors who will lend them the money for an agreed interest rate for a certain period of time. Bonds are a great tool for the income investor who wants to balance their portfolio to include assets beyond stocks. Before you even invest in bonds, here are the essential terms that you should … [Read more...]

Stock Pick- It is time to be greedy

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Quote by Warren Buffett “Be Fearful When Others Are Greedy”.  Many people knew it but very few people can do it. Why we do understand but no able to do it?  Because this is human nature. When the stock has stumbled over the past few years, when everyone has lost hope on it, would a normal person like many of us have confidence to invest in it? When every investor is afraid of it and go away from … [Read more...]

Take home loan from bank and buy unit trusts!

Hi AK, I'm new to your site, saw quite a few interesting post from you.. Wonder if I can get some advise and directions to investment... Have $50k spare cash, now searching for what to invest... I have a $500k HDB housing loan. Some financial advisors asked me to switch to bank loan. Instead of using my spare cash to clear my housing loan, look for an investment product which is stable … [Read more...]

Viva Industrial Trust: Initiation Report

Business Model of Viva Industrial Trust (‘VIT’) Viva Industrial Trust is a business-park focussed REIT listed on the SGX since November 2013. It manages a portfolio of 9 properties (2 Integrated Business Parks, 3 Warehouses and 4 Light Industrial Factories) in Singapore.  It collects rent from the tenants and after netting operating expenses, the rents are then paid out to unitholders as … [Read more...]

ABF SG Bond Index Fund & STI ETF – DIVIDEND 2017

Yet another public service announcement brought to you by Turtle Investor. Every year at around this time, the visits to my blog would spike just a little because of folks who are looking for dividend information. As usual, SGX is one of the best source of definite dividends information and I’ll re-post it here. Here goes. ABF SINGAPORE BOND INDEX FUND ETF – 2017 Ex-Date : 03 Jan 2017 Record … [Read more...]

Monthly Expenses and POSB Invest Saver update (January 2017)

Hello readers! Firstly, a belated happy new year to you all! I am hopeful that 2017 would be a great year for myself and all of you too. I have been budgeting my monthly allowance since I started university in 2015. From this month onward, I decided to try tracking my expenses to find out how much I am spending in each category. Here are my expenses for January 2017: … [Read more...]

Frasers L&I Trust and CapitaLand Retail China Trust added in January 2017.

As REITs will always be relevant to the income investor, I have been thinking of how best to increase my investment in REITs again in an environment of increasing interest rates and I decided I should choose REITs which have a better plan or chance to improve their income. Hedging interest rate risk is very well and good but this only kicks the can down the road because sooner or later, higher … [Read more...]

Cory Diary : 2017 Chicken Out

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Did my second speculative trade of the year for fun. This is after I notice there is still some upside for Keppel since last year low. By the way I am no fan of Oil and Gas or Ships. And no margins. Saw my profit went up to more than $800 before it came crashing down after the poor result announced. This hit me back to fundamental reality or am I ?Nevertheless I Chicken Out and close my positions … [Read more...]

New Ein55 Investment Style 2017: Frog Cooking Theory

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Although both were/are at historical peak stock prices with high optimism, there is a key difference between bullish stock markets of China SSEC (Year 2015) and US S&P and DJI (Jan 2017).  The chart below shows that the rate of index growth is much faster for China SSEC, therefore the high optimism was not sustainable, going up and coming down within months. US stock market is a gradual … [Read more...]

Cory Diary : Financial Updates 20170121

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How I will approach this is to have my Financial Charts up for evaluation. This data is computed automatically through excel. So theoretically I am able to produce them everyday with little effort. The first chart is my Net Worth. I have this tracked since 2007 to see the Market crash horribly the next year. Unfortunately this is the furthermost that I have tracked as I would like to have data … [Read more...]

Three attributes of a wealthy peasant.

"Basically, the more you catch, the higher your CPPF." Wait a minute! Was that a coded message? The more you top up, the higher your interest income from CPF? I anyhow guess one lah. Life can be unfair. Why am I not born into a super rich family? Why am I not born with super model good looks? Why am I a peasant? Oh, did I hear someone say it is unfair that this peasant is relatively … [Read more...]

3 Important Questions, You Have To Ask Yourself To Achieve Any Goals In 2017

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So you’ve set your goals for this new year! Congratulations! Hope you did use the S.M.A.R.T method we’ve talked about before. One of my personal goals for year 2017 is to hit my first MDRT (Million Dollar Round Table), the shariah compliant way. By reaching out to Muslim families in Singapore who like to plan their finance, the halal way. The shariah compliant way. That is my personal … [Read more...]

Good deal because price has dropped.

There was a time when I enjoyed visits to the banks. As a boy, I was very interested in getting the highest interest rate possible for my savings. I enjoyed visiting the banks to update my savings passbooks when interest crediting became monthly instead of yearly. There were no auto update machines in those days but I didn't mind waiting in line for a teller. I no longer enjoy visits to the … [Read more...]