The Central Provident Fund (CPF) Board is a compulsory comprehensive savings and pension plan for all working Singaporeans and Permanent Residents primarily to ensure that they have enough buffer for their retirement, healthcare, and housing needs in Singapore. When I started working in Singapore about 12 years ago, I started off as an employment pass…
How Our Spending Fares During Circuit Breaker
It’s been 3 weeks since we last entered a circuit breaker lockdown that commenced on the 7th April. There are still about 4 more weeks to go before the circuit breaker is lifted so we are almost halfway through the mark (hang in there!). Kudos to everyone out there who’s worked hard in particular the…
Why I’m Not A Buyer of MNACT (SGX: RW0U) Yet
Mapletree North Asia Commercial Trust (MNACT) is scheduled to report their FY2019 results later today after the close of trading. The Reits have been an investor’s favourite for many years due to its staggering growth profile in the greater region of Beijing, Shanghai and Hongkong but with the tides turning, the question is if the…
5 Reasons Why I Chose To Defer My Mortgage Payment
One of the initiatives that were rolled out by MAS in order to assist homeowners during this period of Covid-19 is to allow for deferment of home mortgage payment. As more than 90% of all Singaporeans tend to be homeowners, this measure will enable most people to take a breather in the midst of this…
Everything We’ve Prepared For In The Past All Comes Down To This Winter Season
Winter is finally here. By now, you must have realized that the world is on an unprecedented pandemic crisis and global economies are being impacted. What seems like a containment in one area of a globe has now spread to more than 190 countries, affecting millions and billions of people, both physically and financially. To…
Why Investors Should Continue Buying The Market At This Level & Accept Ignoring The Noise Challenge
Since the market last bottomed on the 23rd March when STI falls to a level of around 2,200, it has rebounded some 400 points to end this week at 2,614. We have seen volatility drying up a little bit since the “exciting” days of circuit breaker, when major indices like the Dow going up and…
Apr 2020 – Portfolio & Transaction Updates
The last couple of weeks have been excellent so far in terms of the stock market. Market rebounded up to about 20% from its low while we’re still in the midst of a pandemic lockdown. During the rally, I’ve used the opportunity to do a big clean up to my portfolio by divesting some positions…
The F.I Mainstream Movement Is Fueled By Crisis Like This
I started writing articles in this blog barely a few months after we’ve endured one of the Great Financial Crisis back in 2009. I was barely into a few months of working when the great financial crisis and recession hits the world and I recalled the shockwaves hit the entire population hard. People lost their…
Applying For Home Mortgage Loan And Tax Payment Deferment
As part of the initiatives to help Singaporeans tide over cashflow in this difficult period, MAS, Banks and the Tax Authority have came together to assist individuals defer their obligation payment in the near term. Home Mortgage Deferment For banks, most of the deferment will apply up until Dec 2020 so that will help tide…
Singapore Airlines Ltd (SGX: C6L) Is In Deep Shit And Rights Issue Call Is Imminent
The Covid-19 situation has hit the aviation industry really hard and in particular the airlines since they are highly capitalized business which needs constant cashflow to fund their operating costs, capex and fixed costs. In the scenario where they have to cut capacity like where we are in this situation now, the company may be…