Chairman and CEO of Berkshire Hathaway, Warren Buffett, released his annual letter to shareholders last week. People in the investment world would know that this annual letter summarises Berkshire's financial performance for 2019 and usually contains nuggets of investing wisdom. The letter was so influential that before the advent of the Internet, professional money managers … [Read more...] about Berkshire Hathaway 2019 Annual Letter Highlights
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Start building your own Dividend Machines in 2020
Just a quick update - Dividend Machines by The Fifth Person is open for registration once again. Dividend Machines is an investment course that focuses on dividend and income investing. It is the course that I've personally attended to kick start my journey in understanding dividend stocks and REITs. Here's a quick overview. Course Details If you sign up here … [Read more...] about Start building your own Dividend Machines in 2020
CapitaLand Retail China Trust (CRCT) FY2019 Results Highlights
CapitaLand Retail China Trust (CRCT), another position of mine, reported their latest FY2019 financial results this week. Given that this REIT is operating in the epicentre of the Coronavirus outbreak, there was an added push for me to dive into the results announcement and analyst briefing recording. As usual, here are some highlights. Q4 DPU flat y-o-y, FY2019 … [Read more...] about CapitaLand Retail China Trust (CRCT) FY2019 Results Highlights
Manulife US REIT FY2019 Results Highlights
One of my core positions in my portfolio - Manulife US REIT (MUST) - reported its latest FY2019 results yesterday morning. Having gone through the announcement materials and attended a media briefing for the REIT, I thought I'll share a TLDR summary on its latest quarter and management commentary on certain aspects of the REIT. Adjusted DPU fell 1.3% … [Read more...] about Manulife US REIT FY2019 Results Highlights
Portfolio @ Jan 2020
Cash / SRS Portfolio Performance Indicators / Dividends YTD Time weighted return: 0%XIRR since portfolio inception in 2013: 15.52%Dividends collected: SGD 255.53Cum-Dividend: Ascendas REIT - SGD 59.62Ascendas India Trust - SGD 19.20Hang Lung Properties - HKD 1,180 Commentary My portfolio performance in January surprised me. Overall portfolio value … [Read more...] about Portfolio @ Jan 2020
Stock Analysis: Zoetis
The 'Humanisation of Pets' is a macro trend that I've been observing that I've not put any of funds towards in the past. Early this year, I decided to do a deep dive into the largest cap proxy for this trend - Zoetis. Today, I'll share my stock analysis and why I invested in the company early this month. The Humanisation of Pets The Humanisation of Pets … [Read more...] about Stock Analysis: Zoetis
Endowus CNY Referral Special
Happy Year of the Rat! As we start a new year, I thought I'll share what my Feng Shui master says how your zodiac sign will affect your 2020 investing performance. So good right. If you're fired up by your investment predictions, Endowus is currently running a referral promotion for CNY to help you huat gao gao for the Year of the Rat. CNY Referral … [Read more...] about Endowus CNY Referral Special
Earn interest on crypto with BlockFi
Cryptocurrencies burst into our collective consciousness with its meteoric rise in value in 2017, as well as its subsequent catastrophic collapse. As a millennial, I'm always interested in new technology and unbeknownst to readers, I do check in on the crypto-sphere from time to time to understand any new major developments in the space. While I've always had a slight … [Read more...] about Earn interest on crypto with BlockFi
Endowus Review – Best CPFIS Product?
Ever since I wrote My Guide to the CPF Investment Scheme (CPFIS) last year, there has been a new product introduced to the CPFIS universe - Endowus received approval to become the first digital financial advisory firm to be approved to offer its services for CPFIS.This caught my attention as Endowus was one of 2 digital financial advisors offering Dimensional Funds to … [Read more...] about Endowus Review – Best CPFIS Product?
2019 Performance Scorecard
With 2 tradings days remaining in 2019, its once again time to review how 2019 went for me. 1. Career The hospitality trading environment was challenging this year. With political unrest in various countries and the US-China trade war, travel demand was dampened. Consequently, my employer should not have performed up to expectations this year. We'll see when the latest … [Read more...] about 2019 Performance Scorecard
Personal Lessons from 2019
It's the holiday season. As I cruise through the gift exchanges, Christmas gatherings and festive merrymaking typical of December, it is also usually the time I think about the year I've had and the lessons I've learnt. As we send off 2019 (and the decade) into the sunset, here are my personal lessons of 2019 which I will bring forth into the new year. On … [Read more...] about Personal Lessons from 2019
Evaluating Accordia Golf Trust’s Divestment Offer
Accordia Golf Trust (AGT) recently received a non-binding proposal from its Sponsor to buy out its golf courses. After a lengthy 3 day trading halt, I was quite underwhelmed when the Trust decided to announce a single figure with a distinct lack of concrete details: JPY 63,167 mil OK it was a 2 page announcement, but the only relevant parts were 1 or 2 lines surrounding … [Read more...] about Evaluating Accordia Golf Trust’s Divestment Offer
Portfolio @ Nov 2019
Performance Indicators / Dividends YTD Time weighted return: 20.33%XIRR since portfolio inception in 2013: 14.70%Dividends collected: SGD 6,426.71Cum-Dividend: SingTel: SGD 421.60 Santa rally on the cards? November turned out to be a decent month for my portfolio. Overall portfolio value increased 3.4% to $176,102 mainly due to roughly $3.5k of capital gains and … [Read more...] about Portfolio @ Nov 2019
ESR’s Growth Ambitions
Early this week, an activist fund, Quarz Capital, called on ESR Cayman to merge ESR REIT with Sabana REIT. This news puts a spotlight on a phenomenon I noticed in the Industrial S-REIT space - ESR's ambitions in consolidating Singapore industrial REITs. In today's article, I lay out the various observations I have on this and my own take on this … [Read more...] about ESR’s Growth Ambitions
Mapletree Annual Lecture 2019 Highlights
Source: Mapletree Investments One of the perks of being in an education institution again is the ability to attend certain talks held on campus. One such talk held last week was the Mapletree Annual Lecture. The lecture held annually by Mapletree Investments is open to the public but with limited slots. Professor Todd Sinai of Wharton Business School conducted this year's … [Read more...] about Mapletree Annual Lecture 2019 Highlights