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Showing posts from January, 2019

Saving Too Much For Retirement ?

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Was having casual conversation over the dinner with friends last week and some knew that I am not working since 2015, asking if my investment income will be able to cover my expenses. I told them that I am still able to save $60-80 K a year after deducting all my yearly expenses including holidays and staycations.
“Then you are saving too much for your retirement !” ,one of them said that .. I was stunned like : huh ?? saving too much ?? …Uhhh !

Open Electricity Market (OEM) : I Switch You Switch , Save ! Save! Save!

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Everyone seems happy recently (including STE ) as our pocket willhave some extra money from saving of our electricity bill by switching to some other’s retailers , other than SP Power. STE just signed up with Keppel Electric on their FIXD24 plan at $0.168/kWh vs current tariff of $0.2413/kWh (before GST ) which is around 30% discount from current tariff + $20 NTUC voucher.
😄

CapitaLand 3.0 – Asia Largest ( Rights or No Rights ?)

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Guess this is the hottest business news headlines since the announcement made last week : CapitaLand buying Temasek unit Ascendas-Singbridge in $11b deal
While everyone seems excited about how it will transform CapitaLand -> CapitaLand 3.0 to be one of the Asia largest real estate group and world No.9 in term of AUM , with 8 listed REITs entity on SGX.

2018 : CPF-IS and Interest Income Update

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Right after 31st Dec 2018 , I guess everyone was busy logging in to their CPF account to check what is the latest balance they have in their CPF account. Yes , CPF interest will be credited on that day and one will be able to see how much he/she got on interest income for the year of 2018.
STE doesn’t have the opportunity to feel the joy of getting year- end bonus since 2014 but instead, receiving the interest income from CPF on first week of each year make me happy same as getting the bonus. ( Not from employer but from “Ah Gong” ). We normally work hard to get bonus but in this case, we let our money work hard to generate the interest income. :D
Total $29,348.70 been credited to our CPF accounts ( for both STE and Mrs. ).

2018 Portfolio Review and Reflection

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As we leave 2018 behind and roll into 2019, first and foremost allow me to wish all A Very Happy & Prosperous 2019.
I am sure 2018 was a tough year for all investors as compared to 2017 where most of us may end up having negative return on our investment portfolio.This is a big contrast to 2017 where we have achieved double digits growth in our portfolio. If you are still enjoying double digit +ve return this year, congratulation !! you must be an exceptional and extraordinary good one in picking wining stocks.
STI closed at 3068 in 2018 with -9.9% return since early 2018. For me, my portfolio ended up worse than STI with -13.2% (including writing-off of $117K of Hyflux 6%CPS ) vs return of +24% last year.  This year will be the second year where my portfolio under-performed STI by 3.3% and another year was in 2013 where REITs was badly hit.
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