Competition between the local banks for your deposits have been heating up recently as they try to one up each other on savings account interests rates. The latest salvo from OCBC relates to the changes in interest rates for their OCBC 360 Account effective 1 November 2018. As a account holder, I thought I'll review the changes and share my 2 cents. Current interest … [Read more...] about OCBC 360 Account Interest Changes (November 2018)
Today, Capitaland Mall Trust finally released more information on its proposed acquisition of Westgate as part of its EGM circular to unitholders. As a unitholder myself, I thought I'll dive in, give my quick thoughts and speculate a bit. The circular and presentation can be found here. Overview Capitaland Mall Trust is proposing to acquire the remaining 70% … [Read more...] about Flash Note: Capitaland Mall Trust acquisition of remaining interest in Westgate
Regular readers would know that I have shifted to a more income approach over the past year and as part of that strategic shift, it involves purchasing more REITs for my portfolio. Also, I have in the past espoused my love of rights issues / preferential offering as seen in my participation in the Frasers L&I Trust preferential offering. Unfortunately, just as stocks are … [Read more...] about OUE Commercial REIT rights issue – a case study of value destruction
By now, at least some of you should have watched this heartwarming ad from NTUC Income about "The Worst Parents in the World". In the ad, the groom at his own wedding dinner described how he had a "terrible" childhood, no piano lessons, no expensive tuition, no expensive overseas trips or birthday celebrations. However, he expressed his gratitude that they did it, so that … [Read more...] about Retirement planning is as much about self sufficiency as it is about love
Many people tend to pigeon hole themselves into a particular style of investing they identify with - Value Investors, Growth Investors, Income Investors, Index Investors, the list goes on and on. The talks and courses I've attended to date also tend to teach a singular method to investing, maybe because it is easier to sell and structure into a course / talk. I used to … [Read more...] about Shifting my investing style
National Day has always been a time of patriotic celebration. For me, it tends to be patriotic reflection. This has been made more pronounced with my work travels over the past 1 and half years. Sitting here alone chilling in my Beijing hotel room having worked through yet another National Day overseas, I thought I'll share my top 5 things I feel Singaporean investors should be … [Read more...] about 5 things Singaporean investors should be thankful for this National Day
Whenever you reach a milestone in life, you tend to reflect on what has been and sometimes, what could have been. As I celebrate the 5th anniversary of joining the workforce yesterday and my 30th birthday today, I am reminded of a goal I once had but have not tracked for a long time. Back in July 2013, as a young fresh graduate about to embark on my career as a legal … [Read more...] about “Save 100k by 30” goal review
Over the weekend, Channel NewsAsia published an article on the Hengs - a family with 7 kids and living on less than $3,000 per month. The article's comments section largely revolved around the view that having that many children, and still wanting to have more if he were to do it again, was a irresponsible thing to do. The debate intrigued me. As a topic vaguely related to … [Read more...] about Is it responsible to have many kids?
In the wake of the tsunami that swept the Malaysian opposition alliance Pakatan Harapan and Dr Mahathir to power, the iShares MSCI Malaysia ETF promptly tanked 6% in US trading to close near to its 1 year low. The investor in me started to click into gear. Putting aside all the political rancor and name calling, what does this earth shattering election mean for Malaysia … [Read more...] about Malaysia Boleh, Malaysia stocks Tak Boleh?
As you may know, I've been following Warren Buffett's Annual Letter to Berkshire Hathaway shareholders since I started investing for the nuggets of wisdom Buffett offers freely. Apparently, Amazon's CEO Jeff Bezos does the same thing with his annual letter to shareholders, which was released in the past week. The letter has been touted as a must read for business executives as … [Read more...] about Lessons from Amazon’s Annual Letter 2017
Chairman and CEO of Berkshire Hathaway, Warren Buffett, released his annual letter to shareholders yesterday evening. People in the investment world know that this annual letter summarises Berkshire's financial performance for 2017 and seeks to educate investors on investing. The letter was so influential that before the advent of the Internet, professional investors owned 1 … [Read more...] about Lessons from Berkshire’s Annual Letter 2017
I thought I'll have a change of pace today and do a post on life instead of my usual post on investing. WHUUUUT?? KK ISN'T TALKING ABOUT INVESTING? UNFOLLOW KTHXBYE Come on guys, not everything is about money. And stocks. And work. Damn what am I doing with my life. Host for a day Anyway, a Spanish colleague from my department in the UK flew down to … [Read more...] about So proud of Singapore
Let me dust off a Hearthstone related meme. Everyone panic! Run for cover! Sell everything! The markets are collapsing! Over the 4 years that I've been in the market, there have been periods where everything seems so dark and the markets so bloody. I had the whole "catching the falling knife" situation with Keppel Corp thing, the periodic doomsayer of Apple, … [Read more...] about Everyone picnic!
SPH launched the first business and finance focused radio station in Singapore, Money FM 89.3, on Monday, 29 January. I mean, like finally. Why it took this long for something like that to exist in Singapore befuddles me to no end. I've been listening in daily since launch, so here's some of my first impressions. The Schedule Each day is split into 4 segments … [Read more...] about Money FM 89.3 Quick Impressions
The strength of the global market rally since New Year's Day has been nothing short of bonkers. Which makes it even more perplexing when it was off of nothing. No significant news. This has led to some observers saying that this is a FOMO rally. FOMO is a term familiar with Crypto and Western investors, which means I mean look at the 2018 YTD charts of Tencent, … [Read more...] about The FOMO is real