thefinance.sg Archives - 23 May 2017, Tuesday

  • An Interview With Faye Wang

    thefinance.sg 22 May '17, 6pm

    For this month’s interviewee, you may not really know her (yup, at last, an interviewee that is a female!) , but she is actually a stock market analyst on InvestingNote. I first noticed her was when she posted her analysis of Sheng Shiong on InvestingNote. It was quite detailed and se...

  • The math of crisis investing

    thefinance.sg 22 May '17, 9am

    I want to find out what is the possible rise in my portfolio after investing during crisis, and in so doing, I can find out the optimum amount of cash to keep. The problem with cash is that while it’s very useful during crisis, there’s a cost to it. It’s the drag on your portfolio ret...

  • Fact or Fiction : The key is to make your money on the buy, not the sell

    thefinance.sg 22 May '17, 3am

    Quote : “I looked to investment guru Robert Kiyosaki’s Rich Dad Poor Dad blog, in which he wrote: “Repeat after me, your house is not an asset.” His line of thinking is that it matters little how much a property appreciates in price. What matters more is “whether it provides cash flow...

  • When will I have as much passive income as you?

    thefinance.sg 22 May '17, 3am

    As my blog’s readership grows, a question that gets asked more and more often is: “When will I have as much passive income as you?” Of course, one of the things I would say is that we have different circumstances and that financial freedom is not a race. All of us who reach our goals ...

  • Survivorship Bias

    thefinance.sg 22 May '17, 1am

    Was reading the Sunday Times today when several “Unit Trust Providers” and “Actively Managed Funds” peddling their services through ads caught my eye. Whenever I do read those eye-candies, I can’t help but recall the miserable track record of active fund managers. But how is it then p...

  • Growing wealth by being smart

    thefinance.sg 22 May '17, 1am

    It’s going to be close to a year of blogging and I cant explain how much i’ve gained from it. This blog post will be a short story of how I’ve became an investor At age 21, I’ve decided that having an alternative source of income from trading is essential for early retirement. In orde...

  • Are Singapore developers forced to walk a tightrope?

    thefinance.sg 22 May '17, 1am

    Government Land Sales for residential sites in Singapore just crossed the S$1 billion mark. A 99-year leasehold site in Queenstown Stirling Road was sold at a top bid of S$1.003 billion. (Read article in Bloomberg .) The winning consortium is China’s Nanshan Group and Logan Property (...

  • Random thoughts: Understanding myself better @ work

    thefinance.sg 22 May '17, 1am

    I am back at work for 2 weeks. Beside the first 2 days, the usual hectic and crazy schedule is back. 4-5 to do things, bosses calling you in the last minute, staff looking to you to problem-solve, when I myself has plenty to troubleshoot I am however, coping much better. Of course the...

  • Some insights from Psychology – More loose ends from the previous talk.

    thefinance.sg 22 May '17, 1am

    There is one loose-end from the last talk. Apparently, my presentation slides were not the latest version which I sent to the company admin. This turned out to be a good thing because, this way, my talk ended on time and it might turn out out to be more draggy otherwise. Just thought ...

  • How much will your lifestyle cost when you turn 65?

    thefinance.sg 22 May '17, 12am

    how much your lifestyle will cost when you turn 65? ? How much do you think you’ll need every month to get by? $800? $1000? $1500? The folks at The Fifth Person ran a calculation on estimated living costs 30 years from now, and I thought it’ll make for a fun exercise to tweak it to so...

  • A Comparison of Shipping Trusts’ Business Models

    thefinance.sg 21 May '17, 4pm

    You might be wondering why I am still writing about shipping trusts’ business models when there is only 1 shipping trust left. This is because for investors in First Ship Lease Trust (FSL), it is useful to understand the differences between the business models of FSL and Rickmers Mari...

  • Geo Energy Resources – Dropped 23% In The Past Week. What’s In Store?

    thefinance.sg 21 May '17, 9am

    I typically do not reveal the location of my travel pics, unless the travelling took place some time ago. No prizes for guessing this time around though. LOL! All I can say is, don’t go during summer! It’s shit ass crazy hot, and no amount of air conditioning can save you. Amazingly e...

  • Back in Singapore after US holiday

    thefinance.sg 21 May '17, 8am

    We are back in Singapore after a 2 week trip to West Coast US. The holiday was a lot better than I expected given it was our first time there. We have been to different parts of Europe a few times and never really considered US as a travel destination until recently. Didn’t think US w...

  • Ernest’s market opinion (19 May 17)

    thefinance.sg 21 May '17, 7am

    Below is my personal opinion on the market. As previously mentioned to my clients, I aim to reduce my percentage invested in stocks (currently around 130% invested), especially the non-performing stocks, with no immediate near term catalysts. I am cautious on the market in the next 1-...

  • OUE Hospitality Trust 1Q2017 Results – Signs of Recovery?

    thefinance.sg 21 May '17, 3am

    Recently, I noticed the share price of OUE Hospitality Trust has gone up slight by a bit. It even broke above $0.70 on 5th April 2017. While research reports published by analyst says that hospitality sector is improving and the worst may be over for 2017, I still have doubts. Since O...

  • Random thoughts: All about "S"s

    thefinance.sg 21 May '17, 3am

    The S refer to 4 things. Silverlake axis, Singpost, Situation at work and Scolding. Silverlake and Singpost should see better times ahead. Silverlake recognition of Project services rev will pick up fromQ4 onwards. But the golden Goose of GIT is slayed. It stake is less than 5% now, a...

  • Centurion Corporation Limited and pricing power.

    thefinance.sg 21 May '17, 3am

    Centurion Corporation Limited and pricing power. May 21, 2017 by A Singaporean Stockmarket Investor (ASSI) Leave a Comment Businesses can either be price setters or price takers. In a fiercely competitive environment where there is perfect competition, businesses are mostly price take...

  • Which Is Your Potential Wonder Woman Stock?

    thefinance.sg 21 May '17, 3am

    Being a movie buff, can’t help but to integrate my hobby into this seemingly not-related blog. But I am sure I can get away of it, let me explain… Oh, before that, in case you are not aware, Wonder Woman is the upcoming DC Universe superhero movie (to be released on 1st June 2017 in S...

  • Cory Diary : Time Dependent Performance – Part 2

    thefinance.sg 21 May '17, 3am

    I feel like very old man keep reminding myself about pitfalls in investment with data. Because many experts out there are giving questionable data and I need to make my own judgement including when I read my own blog in context. And I encourage people always do the same. Don’t take wo...

  • JD Aftermath #6 : LLBs

    thefinance.sg 21 May '17, 1am

    Interactions with LLBs are the fundamental difference between SMU and NUS’s approach towards legal education for mid-career professionals. SMU prefers that mid-career professionals interact with themselves first with limited exposure to LLBs to come later. NUS would thrown their JD-eq...

  • A Singapore Millennial’s Take On Avocado Toast

    thefinance.sg 21 May '17, 1am

    He’s the Australian millionaire who recently got destroyed online for claiming that millennials would be able to afford their own homes if they just stopped spending money on “smashed avocados and $4 coffee.” Millennials around the world were up in arms, firing back with some (hilario...

  • Personal thoughts after last night’s talk on Stress-free investing

    thefinance.sg 21 May '17, 1am

    Ok, I’ve finally recovered from last night’s talk. Let’s talk about what happened last night from my perspective. Last night, Lionel gave passionate speech about automating one’s investments using ETFs and Alvin Chow spoke about implementing the permanent portfolio. As for me, I was b...

  • Chiong Housing Loan or Take It Slow?

    thefinance.sg 21 May '17, 1am

    I was chatting with a friend and congratulating him on getting his BTO a while back. I got a 4 room HDB for 430k while he got a 5 room HDB for 590k (both of ours are on mature estate and what a huge difference!). One of our conversation was on how he plans to take up a 10 years HDB ho...

  • The Myth Of Lower Expenses In Our Retirement???

    thefinance.sg 21 May '17, 1am

    There are some saving on job related expenses; entertainment and gifts expenses related to office colleagues; but these saving may NOT be significant to lower the annual household expenses. If we really want to lower household expenses; STOP travelling. We will see significant drop in...

  • If you have too much Insecurities and Personal Problems, Money is Often used to Fill these Holes

    thefinance.sg 20 May '17, 11pm

    If you have too much Insecurities and Personal Problems, Money is Often used to Fill these Holes May 21, 2017 by Investment Moats Leave a Comment Eating has always been something that is less of a concern for me. There the the people that live to eat. And then there are the people tha...

  • "May 17" – SG Transactions & Portfolio Update"

    thefinance.sg 20 May '17, 2pm

    Seth Woods on Cory Diary : 2017 Q2 May Dividend Income Update Clover on For some Singaporeans, growing old means living in a nursing home in Johor Bahru Sinkie on 4 main investing strategies you should know Sinkie on THE TRUTH OF PROFITABLE INVESTING FINALLY REVEALED Fred on Spend mor...

  • Penny pinching season

    thefinance.sg 20 May '17, 8am

    ETF through POSB invest saver which pays me “brokerage” when i buy, there is nothing i dare buy from the local stock market at this point in time. The old adage:’Buy when there is blood on the streets’ came true again and i hope you took opportunity of that short period of time from l...

  • Cory Diary : Time Dependent Performance

    thefinance.sg 20 May '17, 4am

    Often people ask for annualized returns over the entire investment horizon of index or fund. This is wrong simply each human investment lifespan is limited to their relevant period and changes as we age. How the world managed financially 100 years ago, 50 years ago, 30 years ago and t...

  • Net Savings rate for Singaporeans with CPF

    thefinance.sg 20 May '17, 3am

    Well, as you know, many online articles (especially US, at least from my experience) advocate saving at least 20% of your income. And as we all know, whether we like it or not, 20% of our salary is usually saved automatically into an account we call CPF. But that’s not the full story....

  • Robo-Advisor StashAway Gets S$3-Million Funding

    thefinance.sg 19 May '17, 6pm

    Things are really heating up in the robo-advisor scene in Singapore lately. Just three weeks ago, I mentioned that StashAway had received in-principle approval for our retail fund management license. Today, the team behind StashAway was excited to inform me that StashAway had confirme...