I remember the days when I had to take classes and exams that used the curvebell system to determine one’s grade. This means that even if you scored 80 out of a 100, you may still score a C, provided the rest are as or more competitive than you do. Those were the days. Moving…
Dividend Updates – Loving the early Christmas presents
We are almost towards the final few months into the new year and I am thrilled to see my early Christmas present in the form of passive income dividends. It’s great to see when your dividends income are growing and which will get closer day by day to covering your expenses. Although not as impressive…
Marco Polo Marine CEO to marry Actress Vivian Hsu
I know Vivian Hsu from watching the showbiz. AK71 knows Marco Polo Marine CEO as he is vested with the shares. What do they have in common? THEY ARE GETTING MARRIED NEXT YEAR!!! CELEBRATIONS!!!! http://sg.entertainment.yahoo.com/news/vivian-hsu-married-next-061600248.html
Ascott Reit – Subscribing to Rights Issue?
As investors of Ascott Reit, the news surrounding is whether you will subscribe or reject the offers for a 1-to-5 rights issue at $1. The Management has stated its intention to use the gross proceeds of approximately S$253.7 Million from the Rights Issue in the following manner: (i) approximately S$204.9 million (equivalent to approximately 80.8%…
Reconciling between achieving Partial vs Complete Financial Freedom
1,2,3…Set….Go. I’m sure all of us remember the day we started off our financial journey. We knew the road to financial success will be a long and daunting process yet at the same time we feel excited to finally get off the mark on a new adventurous journey. Those were the days. Roll forward to…
ValueMax IPO – Is it worth getting it?
For some reason, I don’t usually get lucky in IPO balloting process, especially if they are those which are oversubscribed by many fellow retail investors. The latest incident was the SPH Reit. Balloted and failed. Another $2 wasted. This week, we have the “ValueMax Group”, one of the oldest pawnbroking chains in Singapore, launching a…
FCT – Q4 FY13 Results
In case anyone is wondering why FCT share price did not gap up after it announces its results despite the record high 2.98 cents/share, it is because of the relatively poor operational performance in the 4th Quarter. In fact, Net Property Income fell 5% for the quarter. The main reason why the distributable income was…
Living a Rich Tai-Tai Life — Just once…
We decided to splurge on a Sunday afternoon. And so we went to the Ritz Carlton famous high tea buffet in Singapore — Chihuly lounge. I really like the place and ambience of the lounge. It is spacious with a live classical music played to your ear. The staff is also attentive and friendly, which…
Why is Money never enough?
The known truth of the unknown is out – Money can never be enough. I am not talking about the Needs versus the Wants in this posting but rather the way of how we as humans perceive “Money”. He who loves money can never be satisfied about money. It is akin to looking at a…
“Oct 13″ – SG Transactions & Portfolio Update”
No. Counters No. of Lots Market Price (SGD) Total Value (SGD) based on market price Allocation % 1. FraserCenter Point Trust 30 1.845 55,350.00 25.0% 2. SPH 7 4.18 29,260.00 13.0% 2. Vicom 6 4.86 29,160.00 13.0% 4. FraserCommercial Trust 14 1.24 17,360.00 8.0% 5. Neratel 20 0.725 14,500.00 7.0% 6. First Reit 13 1.12…