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Category: Investment and Finance

Dividend Investing is Dangerous

Posted on by careyourpresent

Dividend investing is a very popular strategy, especially in Singapore, but of course people from other countries all over world like it! Who don’t like regular cash posted into your bank account?

However, I am not sure why but this term “Dividend Investing is Dangerous” has been floating around in the investing community recently. I have no idea where this term came from, but since I have been seeing this term, maybe let me share something more about dividend investing?

Photo by Benjamin Davies on Unsplash

What is Dividend Investing?

The primary goal of dividend investing is to generate income from the dividends received. Dividend investing is like picking stocks from companies that are in the habit of sharing a slice of their earnings with people who own their shares.

These earnings, called dividends, are usually handed out on a regular basis, like every few months or every year, and sometimes even every month. The cool part about dividend investing is that it’s all about getting a steady flow of pocket money from your investments. These regular cash flow if large enough, can replace your monthly paycheck!

Imagine if you have $1 million in dividend stocks/ETFs, that give you 6%, this mean you will get $5000 monthly, which is the pay of average person on the street! That’s why the lure of dividend investing is great, it can replace your work income “one day”.

Of course, investors also find dividend stocks appealing because they have the chance to see their investment grow in value. As the company’s stock price goes up, the value of the dividends they receive also goes up. This combo can result in a notable boost to the overall worth of your investment as the years go by – these are dividend growth stock.

“Dividend Investing is Dangerous”

Why dividend investing in dangerous, let me share some points on why is this so.

1. Dividend cannot cover the Capital loss due to drop in price

Do you think Dividend Investing is dangerous? One very common point that came up is that the dividend that you get can’t cover the capital loss from the share/etfs.

If the share prices keep dropping (lao sai) until you have to go to the toilet/loo/washroom, does dividend investing really work, is it dangerous?

Let’s say you put $100,000 into a share/etf that give you 6% (I put 6% because recent US 10 years treasury yield already give you 4.2%, hence there is risk premium to equity). This mean that you will earn $6000 per year, $500 per month. However, the share price drop 10%, such that your original invested capital is only worth $90,000 now, hence effectively, you lose $10,000 – $ 6000 = $4000. You might as well put in growth stock that grow more?

Let’s repeat this, “Dividend Investing is Dangerous”?

2. Companies that should reinvest their earnings rather than give out dividends

It’s better for a company to reinvest their earnings, to grow the equity/asset of the companies rather than giving the cash out as dividends. Once a company is worth more, the share price of the companies will go up naturally. If the company gives out cash as dividends, the companies will be worth less.

If you’re a shareholder of a company that pays dividends, it’s also important to understand why the company gave out those dividends in the first place. If they did so because they thought it was best for their long-term growth and financial health, then great!

But if they’re only paying out because they need cash flow right now–and will never reinvest those earnings into growing their business–then that’s not so good.

Another possibility is that Companies that pay out large amounts of money as dividends are often doing so because their management teams aren’t confident enough about how much more revenue can be generated through reinvestment opportunities within the business itself (like R&D or new product development). This could be due to:

  • Poor management who don’t know how best use capital wisely
  • Poor capital allocation skills (e.g., poor M&A decisions)
  • Weak demand for goods/services offered by this particular industry segment

3. Investing in Index Funds/ETFs are better, more diversified and safer, gives better total return

Let’s say you invest $10,000 in an S&P 500 index fund.

The index fund is a diversified basket of 500 stocks that mirrors the performance of the entire market. It’s possible for all 500 stocks to decline at once and for your portfolio to fall by 5% or 10% overnight. But if you have $10,000 invested in five different stocks whose price falls by 5% each over a month or two, then your portfolio would have lost just 1%.

You would have lost less because you spread your money around among several companies rather than putting all your eggs in one basket. That’s why diversification is so important when investing in individual stocks or mutual funds as well as when investing in broad indexes like the S&P 500 (SPY).

Invest in Index fund, and get market return is better. Ultimately, most active professional fund manager can’t beat the market index fund return in the long run.

4. Dividends can be stopped anytime

There are many investors that just look at the dividend history and dividend yield rather than the companies itself.

If you are a retiree that rely on dividends for survival, bear in mind that dividends can be stopped anytime. Companies can change their minds, go out of business and cut or raise dividends as they see fit. Hence sustainability of the business is more important than just looking at the dividend yield, history.

The high yield of dividends can mislead investors into thinking that dividend stocks are much safer than other kinds of stocks. The dividend yield is not a good indicator of a company’s profitability, it may not be sustainable.

The best way to evaluate the safety of your investments is by looking at the company’s fundamentals: its balance sheet and cash flow statement–not its dividend yield.

Hence, this goes back to the point that total return is important, not just dividend. Total return is capital gain + dividend.

Just Dividend alone is dangerous as it misguide you thinking that this is the the total return that you get.

Photo by Mathieu Stern on Unsplash

Dividend investing is Dangerous or not?

The above 4 points are points that highlight why dividend investing is dangerous! There are of course others points that argue against or argue for investing investing. One can has mixture of dividend only (reits for examples), or dividend growth stocks/etf, or grow stocks, or index fund etc..

Ultimately, most importantly, whatever method you use, you must be able to sleep well. Know your own risk profile, create your own method that suit you the best such that you can pass sleep test. Otherwise, if your stocks/shares/cryptos/other assets suddenly needs to go to toilet/loo/washroom lao sai (drop in value), one will panic sell instead of rationally cut loss due to change in fundamental or wait for price recovery.

Personally I think dividend investing is not dangerous, I can write a long article on this but shall do this another time. However, dividend investing is often more effective as a long-term strategy. Over time, the power of compounding can lead to significant returns, particularly when dividends are reinvested.

In short, I strongly support dividend investing for those who know what to buy.

For those who don’t, do index investing better using world index funds.

Remember:

Collect dividends -> invest in companies that are fundamentally strong -> companies generate more revenue and thus more dividends -> companies give you dividends -> collect the dividends and reinvest and so on.

Good articles that you should read!

People are drawn to dividend investing.

Why? Firstly, dividends provide a regular stream of income, allowing investors to receive a portion of the company’s profits on a periodic basis. This can be particularly attractive for individuals seeking consistent cash flow or looking to supplement their existing income. Additionally, dividend investing is often viewed as a more stable and predictable investment strategy compared to relying solely on capital appreciation.

I always write and share articles, especially on dividends which many people love them. Do read them!

Alternatively, you can go the right side of my page, there is a search bar where you can simply search “dividend” to see all my articles related to dividends!

Of course, you can search for other things that would interest you such as “Careyourpresent”, “Reits”, “Side Hustles”, “Fixed Incomes”, “Savings” etc.

CAREYOURPRESENT

Money just buy you the chance of freedom.

When you are young and working, you exchange time for money. When you are old, you can have lots of money but you can’t buy time back, especially the things that you have missed while busying striking out in career. Of course, if you love your career, and consciously know that you are missing out the first time your child walk or talk, that’s ok, but if you are the other spectrum, please do something about it.

Your kids grew up and they no longer need you to accompany them. They no longer want to sit on your lap to share/do things with you…all these time you spent in your 9 to 6 or even longer cubicles…can the money that you have earned by you back these?

We always thought we have more time with our old parents, but we are wrong. Time with them is ticking away every day. One day it will suddenly be gone. There is no regret medicine, no reset in time. Gone is gone and cannot come back. No matter you are billionaires or millionaires, you cannot reset this.

We always thought that we have more time with our spouse every day, but we are wrong. One day they will be gone too. When you read this, please go tell your spouse that you love him/her and he or she is the best thing that you ever had in your life.

I have picked out some of the more life reflecting articles of the CAREYOURPRESENT series. Do read them:

You can read more about my articles on Careyourpresent via the Category “Careyourpresent” or simply click “Careyourpresent” via the main menu bar.

REMEMBER:

Love your life daily.

You have one less day with your spouse, parents, children and yourself.

Time is ticking away.

For each passing day,

Enjoy and Treasure your Life!

For those who are interested in regular updates of my articles, please join the others to sign up for my free newsletter to has my newest blogposts sent to your mailbox for free!

For real time exclusive updates on market news/life (especially Crypto markets where the news move fast, important news will be shared directly via tweets or telegrams), do also join the platforms below and engage with other like-minded people!

You may also contact me via [email protected].

If you’re looking referral codes, do check out my referral and ebook page. Give it a try and who knows? You might end up loving these platforms! To be absolutely fair to all the readers, I am definitely using all these companies and they are useful to me! Likely will be useful to you too!

At the same referral and ebook page, you can also download my free ebooks and other free resources.

For quick references to these resources, you can see below.

  • Ebooks and other useful resources on enhancing productivity (Investment, Excel, Notion etc). Currently most of it are free at this moment (subject to change).
  • WeBull: A powerful brokerage with nice free welcome gift. You can refer to my guide here on how to signup! 4 Simple step only! Click here to register a new account!
  • MoneyOwl: You can use this 6SHU-93MC to get free grab vouchers and highly safe liquid cash fund account.
  • Trust Bank – You will enjoy free FairPrice E-Voucher referral if you sign up via my referral code KNDBPEPT. Simply download the Trust Bank SG App on the App Store or Google Play Store. Tap on “Use referral code” immediately after you start the app and key in: KNDBPEPT
  • FSMOne: P0413007. Good account to keep liquid cash in autosweep and to purchase investment at low fee.
  • Hostinger: You can use this link for hosting your new website. 20% off hosting!
  • Crypto.com: Use my referral link https://crypto.com/app/h92xdfarkq to sign up for Crypto.com and we both get $25 USD 🙂

Simplified Guide to the Key Gist of Grant of Probate and Estate Planning

Posted on by careyourpresent

Estate planning is one of the most important but underrated aspect of financial planning for a person, especially for family with dependents. If your loved one passed away, many will be sad, hence, proper planning should be done when one is alive so reduce the stress of your loved ones if one passed away.

Many of us think that death is very far away but who know. Personally, I am worried, especially I have two young kids, parents and a wife who know nuts about financial planning/estate planning. Yes, I mean she know NOTHING about it. Everything she leaves it to me, that’s why I am worried.

She did way better than me in terms of career and earn much more active income than me, but she really is financially literate. (Hope I don’t get to kneel durian tonight for sharing the truth). Hence, I am writing something about estate planning in my blog so that she can read it if it really happens (touch wood).

Photo by Glenn Carstens-Peters on Unsplash

What is Estate Planning?

Estate planning refers to the process of organizing your financial matters and personal affairs to ensure that your desires are upheld after you pass away or if you become unable to make decisions. The primary objective of estate planning is to facilitate the smooth transition of your assets to your chosen beneficiaries and to minimize potential legal and financial complications that might arise after your death.

Passing Away with and without will

Passing away with and without will in Singapore has an effect on your Estate Planning.

Without Will

If you pass away without leaving a Will, everything you own (your estate) will be distributed according to Singapore’s Intestate Succession Act.

https://mylegacy.life.gov.sg/when-death-happens/apply-for-letters-of-administration/

If the above is not what you want, better get your will done as soon as possible. Time doesn’t wait and you won’t know when your last day on Earth is. I have did mine, so better do yours soon if you have not yet done so.

Just use Joint Account, don’t need Will!

Many people believe that you only need Joint Account and don’t need Will.

This is totally not true and not correct!

Above is not what I want, hence I have already gotten my will and my wife will done.

In fact, given that I know that my wife doesn’t know anything about financial/estate planning, I have tried to write the instruction down and put as many of our assets in joint accounts as much as possible to bet on the survival clause for joint account (if one party in joint account passes away, the remaining party get the assets). However, there are some things cannot be put in Joint Accounts, example your Singapore Saving Bonds in CDP, this is under personal CDP account, then you will need WILL!

Will writing needs Lawyer and it is expensive!

This is definitely not true. Unless you have lots and lots of assets, with different complicated ways of distributing your assets, such as distribute XX cash to person A from bank A, asset B to person C etc, then it’s better to engage a lawyer. However, if you only need to have simple will, do consider the following:

MoneyOwl has very good FREE Will writing services that you could consider writing your will. You can read more about it here. Let me shamelessly promote my referral link (or key in 6SHU-93MC) if you wish to sign up Moneyowl account.

Grant of Letters of Administration VS Grant of Probate

Many should have heard of this term but don’t know what it really means.

To put it in a very simple layman term:

  • Grant of Probate: If the deceased left behind a valid will, the applicant who is the executor can apply for it.
  • Grant of Letters of Administration: If the deceased did not leave behind a valid will, the applicant who is the beneficiary can apply for it.

One very key important fact, Grant of Probate will take much lesser time and less hassle as compared to Grant of Letters of Administration!

Imagine you loved one just passed way, one of the key wishes which most have is for the surviving family members to continue live and live happily (wife please read this, this is my wish too), hence Will become very important – help to save your family TIME AND EFFORT!

Lasting Power of Attorney (LPA)

Besides Will, don’t forget about Lasting Power of Attorney (LPA).

The LPA is a legal document which allows a person who is at least 21 years of age (‘Donor’), to voluntarily appoint one or more persons (‘Donee(s)’) to make decisions and act on his/her behalf if he/she loses mental capacity one day. A Donee can be appointed to act in the two broad areas of personal welfare and property & affairs matters.​

I have already completed my LPA and my wife LPA at the price of $30 nett each using the CDC vouchers in March 2023. Do remember to do it too! Now you can apply via the portal but need to go to a doctor to certify! Please do so while

OPG has extended the LPA Form 1 application fee waiver for Singapore Citizens to 31 March 2026, to encourage more Singaporeans to plan ahead and apply for an LPA.

My Legacy Portal

If death really come, for those who are loss, you can go to this government site for the Guides.

Thank you, Government – Grant of Probate E-Portal

I would like to share a new e-portal (Probate E-service) launched by the government in case you didn’t hear about it. Quite likely, most won’t know about it (since death is a taboo for many) as I only accidentally saw it on some forums. Let me share a bit about this E-Service.

First and most important point – Don’t need Lawyer. Many of the normal people on streets are worry to engage lawyers as they are scared that the fees will cost a lot. But if one need to execute a Will, you can’t escape from it in the past.

BUT NOW YOU CAN! Read below!

Another very important point to note:

The Probate eService is currently available for cases where the total estimated value of the deceased’s estate is not more than $2 million.

Sorry to those who are richer than $2 million. Please engage your own lawyer.

However, do note that if your funds/assets (such as mine) in Joint Accounts, it will be on survival ownership, not cover in Will, then for this portion of assets, even if exceed $2 million, it will not be under Will, hence don’t need to use this service. Of course, if one still has some assets under personal name, then you will still need this service.

Other Criterias include:

Photo by Timon Studler on Unsplash

Conclusion

For those who don’t have Will, please go and do it as soon as possible to avoid potential hassle, money, efforts for your family

Unless you have lots and lots of assets, with different complicated ways of distributing your assets, such as distribute XX cash to person A from bank A, asset B to person C etc, then it’s better to engage a lawyer. However, if you need to have simple will, do consider the following:

MoneyOwl has very good FREE Will writing services that you could consider writing your will. You can read more about it here. Let me shamelessly promote my referral link (or key in 6SHU-93MC) if you wish to sign up Moneyowl account.

For those who already have Will, don’t forget about

Lasting Power of Attorney (LPA) and learn about Grant of Probate. It only cost $30 nett for me using CDC vouchers!

OPG has extended the LPA Form 1 application fee waiver for Singapore Citizens to 31 March 2026, to encourage more Singaporeans to plan ahead and apply for an LPA.

For those who have Will, don’t forget to put some money in Joint Accounts

It will take time and money and hassle to get the Grant of Probate or Letter of Administration.

For joint account (assuming there is no dispute from other family members), if either owner passes away, the balance in the joint account will pass to the surviving owner. If you put majority of assets under joint name (and assuming you are not those rich, fighting family that will fight for assets of your loved death ones), this will help you.

For my case, I put majority of my assets under joint CDP with Wife. Then I use FSM Beneficiary account. My wife or Child (upon 18), just need death certificate and his/her own IC to get the assets. Of course there are many other numerous benefits which I have shared in this article previously (Cheapest and best way to trade Singapore Stocks with CDP).

Fundsupermart

I am using FSMOne.com to invest in funds & ETFs (including money market funds). FSM is good due to the low comms and the free transfer from FSM to CDP(typically takes less than a week to transfer). If you do not have an account, you can sign up here. Please use my FSMOne referral code: P0413007.

For my Wife

Please read this article and remember what / how I have told you how to access our assets. Should anything happen to me, please continue to enjoy your life and take good care of our children.

Good articles that you should read!

People are drawn to dividend investing.

Why? Firstly, dividends provide a regular stream of income, allowing investors to receive a portion of the company’s profits on a periodic basis. This can be particularly attractive for individuals seeking consistent cash flow or looking to supplement their existing income. Additionally, dividend investing is often viewed as a more stable and predictable investment strategy compared to relying solely on capital appreciation.

I always write and share articles, especially on dividends which many people love them. Do read them!

Alternatively, you can go the right side of my page, there is a search bar where you can simply search “dividend” to see all my articles related to dividends!

Of course, you can search for other things that would interest you such as “Careyourpresent”, “Reits”, “Side Hustles”, “Fixed Incomes”, “Savings” etc.

CAREYOURPRESENT

Money just buy you the chance of freedom.

When you are young and working, you exchange time for money. When you are old, you can have lots of money but you can’t buy time back, especially the things that you have missed while busying striking out in career. Of course, if you love your career, and consciously know that you are missing out the first time your child walk or talk, that’s ok, but if you are the other spectrum, please do something about it.

Your kids grew up and they no longer need you to accompany them. They no longer want to sit on your lap to share/do things with you…all these time you spent in your 9 to 6 or even longer cubicles…can the money that you have earned by you back these?

We always thought we have more time with our old parents, but we are wrong. Time with them is ticking away every day. One day it will suddenly be gone. There is no regret medicine, no reset in time. Gone is gone and cannot come back. No matter you are billionaires or millionaires, you cannot reset this.

We always thought that we have more time with our spouse every day, but we are wrong. One day they will be gone too. When you read this, please go tell your spouse that you love him/her and he or she is the best thing that you ever had in your life.

I have picked out some of the more life reflecting articles of the CAREYOURPRESENT series. Do read them:

You can read more about my articles on Careyourpresent via the Category “Careyourpresent” or simply click “Careyourpresent” via the main menu bar.

REMEMBER:

Love your life daily.

You have one less day with your spouse, parents, children and yourself.

Time is ticking away.

For each passing day,

Enjoy and Treasure your Life!

For those who are interested in regular updates of my articles, please join the others to sign up for my free newsletter to has my newest blogposts sent to your mailbox for free!

For real time exclusive updates on market news/life (especially Crypto markets where the news move fast, important news will be shared directly via tweets or telegrams), do also join the platforms below and engage with other like-minded people!

You may also contact me via [email protected].

If you’re looking referral codes, do check out my referral and ebook page. Give it a try and who knows? You might end up loving these platforms! To be absolutely fair to all the readers, I am definitely using all these companies and they are useful to me! Likely will be useful to you too!

At the same referral and ebook page, you can also download my free ebooks and other free resources.

For quick references to these resources, you can see below.

  • Ebooks and other useful resources on enhancing productivity (Investment, Excel, Notion etc). Currently most of it are free at this moment (subject to change).
  • WeBull: A powerful brokerage with nice free welcome gift. You can refer to my guide here on how to signup! 4 Simple step only! Click here to register a new account!
  • MoneyOwl: You can use this 6SHU-93MC to get free grab vouchers and highly safe liquid cash fund account.
  • Trust Bank – You will enjoy free FairPrice E-Voucher referral if you sign up via my referral code KNDBPEPT. Simply download the Trust Bank SG App on the App Store or Google Play Store. Tap on “Use referral code” immediately after you start the app and key in: KNDBPEPT
  • FSMOne: P0413007. Good account to keep liquid cash in autosweep and to purchase investment at low fee.
  • Hostinger: You can use this link for hosting your new website. 20% off hosting!
  • Crypto.com: Use my referral link https://crypto.com/app/h92xdfarkq to sign up for Crypto.com and we both get $25 USD 🙂

SBSEP23 GX23090F Singapore above 3% again. Bye or Buy?

Posted on by careyourpresent

Savers Heaven

Many of us are savers or simply someone who wish to get the best returns on idling cash. With the raising interest rate, it’s heaven for many people! One can easily get 2-4% with little or no risk.

Although it seems like interest rates hiking will last very long, but it is also likely that the rates will go down one day. Before the arrival of that day, Singapore Savings Bonds is a very good option that let you locked up decent rates for 10 years. Now the yield is above 3% for 10 years after a long while (read: SBAPR23 GX23040S – Singapore Saving Bonds (SSB) above 3% again. Buy or Bye?)

Is this a bye or buy?

SBSEP23 GX23090F

More about this Month Singapore Saving Bonds SBSEP23 GX23090F:

  • Average return over 10 years: 3.06%
  • 1st year to 10th year interest: 3.01 to 3.20%
  • Amount Offered: 600 millions
  • Interest Payment Date: Upcoming payment: 01 Mar 2024. Subsequent payments (until maturity): Every 6 months on 01 Sep and 01 Mar
  • Application Closing Date: 28 Aug 2023, 9pm
  • Allotment Date: 29 Aug 2023, after 3pm

Let’s see the breakdown of the 10 years rate.

1st year is 3.01% whereas the last year is 3.20% with average at 3.06%. Great rates (although lousier than the last issue with more than 3%. (read: SBAPR23 GX23040S – Singapore Saving Bonds (SSB) above 3% again. Buy or Bye?).

S$600.0 million are offered with last day of application on 28 Aug 2023, 9pm. Upcoming payment is on 01 Mar 2024 with subsequent payments (until maturity): Every 6 months on 01 Sep and 01 Mar.

Buy or Bye?

Hence, should we buy or bye?

Let’s us recap the advantages of SSB first:

  • Very safe – backed by Singapore Government
  • Locked down decent rates of around 3% for 10 years.
  • Easy to redeem and can redeem partial
  • Liquidity needs maximum of 1 month where you can get your money back. Hence suitable as emergency fund.
  • Limit of 200k should be good enough for most people.
  • Can build Bond Ladder to get monthly income (which I already did)

Let’s us recap the disadvantages of SSB:

  • Short term rates are lower than banks’ fixed deposits, money market funds such as MoneyOwl,etc of around 3.5% and above.
  • Risk Free 6 month treasury yield is close to 4% which is higher
  • Low returns
  • 1 month liquidity to redeem your funds may be too long for people who need the funds immediately.

Hence the question is should we buy or bye?

Comparatively, this issue is not better than the SBAPR23 issue few months ago but this is getting better. If we look at US treasury yield – 10 years rate is now 4%. Where is recession? Is the recession coming? Your guess is as good as mine.

But there is one very important thing that one should have regardless or recession or not is

WARCHEST!

But warchest has the issue of idling earning very little return, SSB would help to solve this. Personally, I would likely be buying some SSB for this month. I didn’t manage to get the GXS bank at 3.48% and my esaver 4% promotion of #m23a would end at 31 Aug 2023, this means I would have additional idling cash.

Market will be volatile for these few months (Aug, Sep, Oct), chances is I will be able to deploy these money! If not, I get some SSB or liquid bank account (or MMF) with higher interest to wait.

Good articles that you should read!

People are drawn to dividend investing.

Why? Firstly, dividends provide a regular stream of income, allowing investors to receive a portion of the company’s profits on a periodic basis. This can be particularly attractive for individuals seeking consistent cash flow or looking to supplement their existing income. Additionally, dividend investing is often viewed as a more stable and predictable investment strategy compared to relying solely on capital appreciation.

I always write and share articles, especially on dividends which many people love them. Do read them!

Alternatively, you can go the right side of my page, there is a search bar where you can simply search “dividend” to see all my articles related to dividends!

Of course, you can search for other things that would interest you such as “Careyourpresent”, “Reits”, “Side Hustles”, “Fixed Incomes”, “Savings” etc.

CAREYOURPRESENT

Money just buy you the chance of freedom.

When you are young and working, you exchange time for money. When you are old, you can have lots of money but you can’t buy time back, especially the things that you have missed while busying striking out in career. Of course, if you love your career, and consciously know that you are missing out the first time your child walk or talk, that’s ok, but if you are the other spectrum, please do something about it.

Your kids grew up and they no longer need you to accompany them. They no longer want to sit on your lap to share/do things with you…all these time you spent in your 9 to 6 or even longer cubicles…can the money that you have earned by you back these?

We always thought we have more time with our old parents, but we are wrong. Time with them is ticking away every day. One day it will suddenly be gone. There is no regret medicine, no reset in time. Gone is gone and cannot come back. No matter you are billionaires or millionaires, you cannot reset this.

We always thought that we have more time with our spouse every day, but we are wrong. One day they will be gone too. When you read this, please go tell your spouse that you love him/her and he or she is the best thing that you ever had in your life.

I have picked out some of the more life reflecting articles of the CAREYOURPRESENT series. Do read them:

You can read more about my articles on Careyourpresent via the Category “Careyourpresent” or simply click “Careyourpresent” via the main menu bar.

REMEMBER:

Love your life daily.

You have one less day with your spouse, parents, children and yourself.

Time is ticking away.

For each passing day,

Enjoy and Treasure your Life!

For those who are interested in regular updates of my articles, please join the others to sign up for my free newsletter to has my newest blogposts sent to your mailbox for free!

For real time exclusive updates on market news/life (especially Crypto markets where the news move fast, important news will be shared directly via tweets or telegrams), do also join the platforms below and engage with other like-minded people!

You may also contact me via [email protected].

If you’re looking referral codes, do check out my referral and ebook page. Give it a try and who knows? You might end up loving these platforms! To be absolutely fair to all the readers, I am definitely using all these companies and they are useful to me! Likely will be useful to you too!

At the same referral and ebook page, you can also download my free ebooks and other free resources.

For quick references to these resources, you can see below.

  • Ebooks and other useful resources on enhancing productivity (Investment, Excel, Notion etc). Currently most of it are free at this moment (subject to change).
  • WeBull: A powerful brokerage with nice free welcome gift. You can refer to my guide here on how to signup! 4 Simple step only! Click here to register a new account!
  • MoneyOwl: You can use this 6SHU-93MC to get free grab vouchers and highly safe liquid cash fund account.
  • Trust Bank – You will enjoy free FairPrice E-Voucher referral if you sign up via my referral code KNDBPEPT. Simply download the Trust Bank SG App on the App Store or Google Play Store. Tap on “Use referral code” immediately after you start the app and key in: KNDBPEPT
  • FSMOne: P0413007. Good account to keep liquid cash in autosweep and to purchase investment at low fee.
  • Hostinger: You can use this link for hosting your new website. 20% off hosting!
  • Crypto.com: Use my referral link https://crypto.com/app/h92xdfarkq to sign up for Crypto.com and we both get $25 USD 🙂

Cryptocurrency Airdrop, AKA, Free Money! and some Updates

Posted on by careyourpresent

Cryptocurrency

It has been a while since I blogged about Cryptocurrency. Recently the market is all about interest rates, liquidity. Believe it or not, it’s always the liquidity that drives the market. Regardless of how much a crypto coin is or a share is, if there is no liquidity in the market, price will not rise in the shorter to mid-term (of course, it will still rise in long term, decades, if the fundamentals are good and with consistency improvement such as my favorite Ethereum, MSFT, Googl etc).

Back to Cryptocurrency, my last more interesting post is about airdrop.

Read: Arbitrum Airdrop – free money! What other airdrops that will give you free money next?

What are Airdrops?

(Copied a paragraph from my last post for those who are not aware of what is an airdrop.)

For those who are unaware, cryptocurrency airdrops are events in which you receive coins without having to pay for them. The tokens are usually sent to your cryptocurrency wallet, and it’s typically possible to receive such tokens if you have an existing cryptocurrency wallet or if you register for one.

An airdrop is the distribution of tokens or coins by a blockchain project to holders of another cryptocurrency. It is done to increase the awareness of a new blockchain project and encourage adoption, as well as create an incentive for users to use the new blockchain project.

Busyness in Life

Honestly, I was quite busy in these months with work and with my family. What am I busy with?

Work

Perhaps it’s timely to share this now.

Originally, I have left my job and gave notice in early part of the year. I wanted to focus more of real life living (or other would put it as mid-life crisis to find oneself). However, as my company still can’t find replacement after few months, and after some chit chatting with my boss, I continued with my job with the understanding of more flexibility in my work schedule. Sadly, someone else left instead and the remaining behind has to share the loads. Hence, in the end I became busier at work instead 🙁 I am planning for the next exit point. We shall see.

Life

I went holidays with my family to take a break from the busy life. I also took the time to relax my brain and think more about life, learning how to control emotions better.

Read: The Best Advice to Parents and Child

Read: Embracing the Transience: Life Is Short

Read: Trust Card – Excellent Card for overseas usage

Read: How to Let Go of Busyness in Life

Read: What if Later never come?

Cryptocurrency Airdrop

Back to Cryptocurrency, I have to honestly admit that one needs to follow closely with the Crypto Market in order to keep up with the ever changing, daily/weekly/every second, updates about Cryptocurrency. However, I don’t have the time to do so. What did I do then?

I continue to DCA Ethereum at dip and farm Airdrop.

Airdrop that I am farming mainly is Mask and Zksync (read more in this post on how I do it). Besides farming, one should know how to track their progress. One very good site given by one to the CT in Twitter is this site. How is my progress?

Picture speaks a thousand word (image below is generated by inputting my wallet address into the site given above):

Almost hitting my target of 100 transaction with 10k in volume. I shall work harder to hit 20k and then 200 interactions!

One may ask 10k in volume is actually not high given my portfolio size. (So far, I didn’t review my portfolio size, but from my past posts, if one is observant enough, can see that my portfolio is at least 1 million).

Frankly, for Crypto, I invested in lesser amounts nowadays and focus more on traditional dividend investing instead. If one is observant, one can see this from my regular twitter postings.

As mentioned earlier, Crypto one needs to spend lots of time to research get the latest updates in order to take advantage of the asymmetrical information in Crypto. However, time is something that I don’t have. Hence, I been reducing my investment side in Crypto and just focus on DCA Etherum and airdrop farming for Crypto. Then I became more focus in Dividend investing and thought to share my experiences more on this recently.

Read: Recent Trades: Taking advantage of the Volatility of Mr Market

Read: Mastering Dividend Investing: 5 Evergreen Investment Principles

That’s all for the short post today.

I need to get back to work, spend time research investing, while not forgetting to think and live a real meaningful life. Remember, Life is the most important, not MONEY!

Good articles that you should read!

People are drawn to dividend investing.

Why? Firstly, dividends provide a regular stream of income, allowing investors to receive a portion of the company’s profits on a periodic basis. This can be particularly attractive for individuals seeking consistent cash flow or looking to supplement their existing income. Additionally, dividend investing is often viewed as a more stable and predictable investment strategy compared to relying solely on capital appreciation.

I always write and share articles, especially on dividends which many people love them. Do read them!

Alternatively, you can go the right side of my page, there is a search bar where you can simply search “dividend” to see all my articles related to dividends!

Of course, you can search for other things that would interest you such as “Careyourpresent”, “Reits”, “Side Hustles”, “Fixed Incomes”, “Savings” etc.

CAREYOURPRESENT

Money just buy you the chance of freedom.

When you are young and working, you exchange time for money. When you are old, you can have lots of money but you can’t buy time back, especially the things that you have missed while busying striking out in career. Of course, if you love your career, and consciously know that you are missing out the first time your child walk or talk, that’s ok, but if you are the other spectrum, please do something about it.

Your kids grew up and they no longer need you to accompany them. They no longer want to sit on your lap to share/do things with you…all these time you spent in your 9 to 6 or even longer cubicles…can the money that you have earned by you back these?

We always thought we have more time with our old parents, but we are wrong. Time with them is ticking away every day. One day it will suddenly be gone. There is no regret medicine, no reset in time. Gone is gone and cannot come back. No matter you are billionaires or millionaires, you cannot reset this.

We always thought that we have more time with our spouse every day, but we are wrong. One day they will be gone too. When you read this, please go tell your spouse that you love him/her and he or she is the best thing that you ever had in your life.

I have picked out some of the more life reflecting articles of the CAREYOURPRESENT series. Do read them:

You can read more about my articles on Careyourpresent via the Category “Careyourpresent” or simply click “Careyourpresent” via the main menu bar.

REMEMBER:

Love your life daily.

You have one less day with your spouse, parents, children and yourself.

Time is ticking away.

For each passing day,

Enjoy and Treasure your Life!

For those who are interested in regular updates of my articles, please join the others to sign up for my free newsletter to has my newest blogposts sent to your mailbox for free!

For real time exclusive updates on market news/life (especially Crypto markets where the news move fast, important news will be shared directly via tweets or telegrams), do also join the platforms below and engage with other like-minded people!

You may also contact me via [email protected].

If you’re looking referral codes, do check out my referral and ebook page. Give it a try and who knows? You might end up loving these platforms! To be absolutely fair to all the readers, I am definitely using all these companies and they are useful to me! Likely will be useful to you too!

At the same referral and ebook page, you can also download my free ebooks and other free resources.

For quick references to these resources, you can see below.

  • Ebooks and other useful resources on enhancing productivity (Investment, Excel, Notion etc). Currently most of it are free at this moment (subject to change).
  • WeBull: A powerful brokerage with nice free welcome gift. You can refer to my guide here on how to signup! 4 Simple step only! Click here to register a new account!
  • MoneyOwl: You can use this 6SHU-93MC to get free grab vouchers and highly safe liquid cash fund account.
  • Trust Bank – You will enjoy free FairPrice E-Voucher referral if you sign up via my referral code KNDBPEPT. Simply download the Trust Bank SG App on the App Store or Google Play Store. Tap on “Use referral code” immediately after you start the app and key in: KNDBPEPT
  • FSMOne: P0413007. Good account to keep liquid cash in autosweep and to purchase investment at low fee.
  • Hostinger: You can use this link for hosting your new website. 20% off hosting!
  • Crypto.com: Use my referral link https://crypto.com/app/h92xdfarkq to sign up for Crypto.com and we both get $25 USD 🙂

Cheapest and best way to trade Singapore Stocks with CDP

Posted on by careyourpresent

Many people love to trade Singapore Stocks and for the safety of your stocks, many would prefer to keep their shares in the Central Depository (Pte) Limited (CDP) instead of Custodian with the brokerages. However, the commissions are not cheap if you trade with traditional brokerages that are linked to your CDP. Hence, the most natural question that came to most people mind would be:

What would be the cheapest and best way to trade Singapore Stocks while still keeping your shares in CDP?

What is Central Depository (Pte) Limited (CDP)

The Central Depository (Pte) Limited (CDP) was established in 1987 and is a wholly owned subsidiary of SGX. CDP provides integrated clearing, settlement and depository services for a wide range of products in the Singapore Securities Market. In the realm of securities trading, the Central Depository (CDP) of Singapore plays a vital role in ensuring the smooth functioning, efficiency, and security of the market.

The Central Depository (CDP) serves as a trusted custodian and clearinghouse for securities traded on the Singapore Exchange. It acts as a central registry, holding and safeguarding securities such as stocks, bonds, and treasury bills, in an electronic form. Through its infrastructure, the CDP facilitates the settlement, transfer, and safekeeping of securities, providing investors with a reliable and efficient platform to buy, sell, and hold their investments.

How it work?

Before one can buy/sell any shares/bonds that listed through Singapore Exchange, investors need to open a personal CDP account or joint CDP account with someone.

If you buy/sell any Singapore shares through traditional brokerages (such as Poems, Lim & Tan, DBS Vickers, iOCBC etc that is link to your CDP accounts), the brokerages will become the middleman in the selling/buying process, but your shares would be transferred/stored via your personal/joint CDP. You can buy using brokerage A, store shares in CDP, then sell your shares using brokerage B.

This is something very unique in Singapore Context because overseas shares are stored via custodian accounts with the brokerages such as Interactive Brokers, Saxo, Moomoo, Webull etc. One can only buy/sell through the custodian brokerages that your shares are with.

CDP is something very unique in Singapore Context. For oversea shares, definitely, the shares will be stored with the custodian brokerages.

By right, these brokerages would provide separate account for the investor, segregated from the company’s accounts. Hence, in the unlikely scenario of any bankruptcy of the custodian brokerage, your shares would still be safe. However, in real life, it may or may not happened.

However, as a more conservative investor, most would prefer to store their shares via CDP. However, with new brokerages operating in Singapore, one has another option to opt and use these brokerages instead of through CDP.

Why so?

The main reason(s) would be the commissions.

If one use traditional brokerages, one would need to pay about $35 commissions for a trade of around S$1 to S$9000. Yes, you didn’t see wrongly, $1. Hence, minimally one would need to make each buy around $9k to make the commissions worth it.

With the new companies such a WellbullSG, Moomoo, Tiger on board, one can buy very little Singapore shares with little commissions, but what is the catch?

You will need to store your shares with the brokerages directly instead of CDP.

I am not sure about you, personally, I prefer to keep my shares that I want to keep very long term with CDP such that buy/sell the shares with any CDP link brokerages. However, I also want to have my cake and eat it too! Hence, what is the solution?

(Side note: For those who have read the above might have find this similar to an article that I have posted two weeks ago. I realized that the title of that article may not be SEO friendly according to feedback from some of the users but many users thought that these solutions are useful, hence I reposted this article with some edits.)

Solution – Cheap Commissions but keep your shares with CDP

There are two solutions that I am aware of.

Solution 1

Buy your shares with DBS Vickers Cash upfront account. Cheap comms to buy and the shares will be stored in your linked-CDP account after purchase. This is a very popular options with many investors! I used to use this method in my early years of investing, but I did not use this method now. Why?

As part of estate planning, I have moved all my equities to joint account with my spouse. My spouse is a total noob in shares buying/selling, brokerages, wills etc. Hence, I need to plan everything out well, especially I still have two young children. Although Will can cover personal account, one still need to apply for Grant of Probate upon demise, which would take some work. Hence, as far as possible, I try to keep, cash/shares etc in Joint account for the survival ownership clause (the surviving party will take the assets).

As a result, I can’t use Cash Upfront trading anymore as this is for individual account link to individual CDP. Furthermore, the trades are only applicable to Buy Trades.

Solution 2

I use FSMone Account.

Let me shameless do some promotion for my referral first in order to keep my current blog going (need to pay hosting and domain fees). For those are keen to apply FSMone account, can do so via my referral link in my referral page. Of course, there are also other interesting, good platforms that I am using, do consider sign up via my referral too.

Let me share more about FSMone account. What I did was to open up 4 accounts:

  • Account 1: I am the main holder.
  • Account 2: I am the main holder with my son as beneficiary.
  • Account 3: I am the main holder with my daughter as beneficiary.
  • Account 4: I am the main holder with my wife as beneficiary.

Key Things to note about FSMone Beneficiary Account

A Beneficiary Account in FSMOne.com is useful if you are planning a separate portfolio for another person. In the event that any one person in the beneficiary account passes away, the assets of the account will belong to the surviving person.

The main applicant (main account holder) of this beneficiary account must be above 18 years old. Please note that the main applicant is still the key operator of this account and the owner of the assets invested under this account as long as the main applicant is still alive. All correspondence will be notified to the main account holder.

In the event that the main applicant has passed away, the beneficiary holder (upon 18 years old) is required to bring the death certificate and his/her own IC to our office. We shall open a personal account for the beneficiary holder and then transfer all the holdings registered under the beneficiary account into the new account. Thereafter the beneficiary will have rights towards the holdings and he/she will be able to purchase, switch or liquidate. The beneficiary can decide to liquidate the funds if wishes to.

If the beneficiary is a minor (below 18 years old), then the surviving parent will automatically become the legal guardian. The legal guardian will be able to give instructions. If the beneficiary wants to keep the investments, then he/she has got to open a new account with existing parent as main applicant and minor as beneficiary and transfer the holdings from old account to the new one.

https://secure.fundsupermart.com/fsm/advice-services/faq/8660/
https://secure.fundsupermart.com/fsm/advice-services/faq/998/

With Above…

With the above, it totally suits my needs about estate planning. If anything were to happen to me, my wife just needs to do the simple thing below to access the assets!

Hence, I mainly used account 4 to trade the money from my wife and my money. For account 2 and 3, I keep their ang bao money in Autosweep (that earns 3.14%) while waiting for great chance for me to invest their money!

In the event that the main applicant has passed away, the beneficiary holder (upon 18 years old) is required to bring the death certificate and his/her own IC to our office. We shall open a personal account for the beneficiary holder and then transfer all the holdings registered under the beneficiary account into the new account. Thereafter the beneficiary will have rights towards the holdings and he/she will be able to purchase, switch or liquidate. The beneficiary can decide to liquidate the funds if wishes to.

If the beneficiary is a minor (below 18 years old), then the surviving parent will automatically become the legal guardian. The legal guardian will be able to give instructions. If the beneficiary wants to keep the investments, then he/she has got to open a new account with existing parent as main applicant and minor as beneficiary and transfer the holdings from old account to the new one.

CDP and FSMone

Back to the main topic of saving commissions while keeping shares in CDP, FSMone allowed the transfer of shares bought in FSMone to CDP for free!

Taking a step further, if we compared to the commissions to trade SGX listed shares, it cost about $35 to trade S$10k worth of shares with traditional brokerages that are linked to CDP whereas it cost only about S$15 to trade S$10k worth of shares with FSMone. That’s almost $20 differences! A restaurant meal! Don’t forget the additional benefit of estate planning.

Hence, for this account 4, usually I would use it to buy/sell shares for those that I plan to trade short term with cheap commissions, then regularly I would transfer those shares that I want to keep for longer term into CDP. The transfer process is fast and quick! I have done a couple of transfer before. Let me share the latest one!

On 17 Jun, I have sent in request to FSM to request the transfer of three shares – Boustead, MIT and Areit from FSM to CDP. The transfer is done on 21 June 2.41pm with the shares minus from my FSMone account and credited to CDP account.

Let me share more about the Transfer Process

Step 1: Fill up the transfer Form

To transfer out your stocks/ETFs to CDP, please complete FSMOne Security Transfer-In/Out Instruction (Cash) and send it to us via email.

https://secure.fundsupermart.com/fsm/advice-services/faq/2195/

How to fill the form:

There are some parts of the forms which I don’t know how to fill until I went to ask FSMone customer service. Since I have the information now, let me share it. See the screenshots below.

Take note of the Counterparty name and Contact No. / Email Address

This part of the form quite easy and just fill accordingly.

Step 2: Download your latest statement of Holdings in FSMone

Download and attach a copy of the latest statement of holdings (dated within 3 months) with this transfer form and follow step 3.

Step 3: Send to FSM and wait!

Email your transfer form (step 1) and latest statement (step 2) to [email protected].

After that just wait for the acknowledgement and the transfer to take places.

I have done the transfer at least 5 times, so far all of them took within a week with only 1 time that took about a month. That’s why FSMone normally will tell you take 1-2 weeks but usually it’s faster than that.

My email to FSM on 17 Jun 2023 02:01 am
FSM acknowledgement email on
Jun 17, 2023, 9:19 AM

Completion of transfer on 21 Jun 2023

The Secret Conclusion

I hope this article will be useful to you.

I have shared the method that I have used to purchase Singapore Shares –

Open beneficiary accounts with spouse and dependents such that estate planning is in place.

Put in the family allocated investment Cash into Autosweep while earning 3.14% interest and waiting for the best time to buy/sell.

Buy/Sell Singapore Shares using FSMone with cheap commissions of about S$15 for minimum S$10k worth of Shares. Sometimes I bought $20k worth, it’s only cost me S$18.

For Shares of other countries such as HK, I use FSMone too since estate planning is in placed.

For US/LSE/AUS shares, I use interactive brokers but I try to keep US shares within 60k because of Estate Tax.

For those Singapore Shares that I plan to keep long term, I would transfer them to CDP for free!

Thanks for reading!

Mastering Dividend Investing: 5 Evergreen Investment Principles

Posted on by careyourpresent

Welcome to the captivating world of dividend investing. Imagine an asset where your investments work tirelessly for you, generating cash flow even as you sleep. Dividend investing has gained reputation as a powerful strategy that offers the best of both worlds – capital appreciation and regular dividend payouts. It’s an enticing option for both seasoned investors and those new to the financial landscape.

Unlike other investment approaches that rely solely on market fluctuations, dividend investing focuses on companies that not only show strong growth potential but also share their profits directly with shareholders. These dividends, often paid out quarterly or annually, provide a steady stream of income that can be reinvested or enjoyed as extra earnings. This unique combination of stability, growth, and financial rewards makes dividend investing an attractive choice for those seeking long-term wealth building.

5 Evergreen Investment Principles

Let me share 5 timeless ever green investment principles for dividend investing.

(I have shared these before in my previous posts, but for new readers, let me share again with some edits).

1. No Dividend No Buy and only buy those that you are willing to keep long term of at least 10 years. Must pass sleep test.

Most people although calling themselves dividend investors, but they don’t really behave like a dividend investor. They buy/sell, buy/sell trade the dividend stocks/Reits instead of keeping for dividend. If the price crash, they would sell and cut loss.

You can see from the recent crash of the US Reits such Manulife US Reit, Keppel Pacific Oak US Reit, Prime US Reit – initially the investors sound so confidence, freehold assets, US assets etc., good rental income etc.. But see what happened now? Many of them cut loss after the price drop 50% or more.

If you have bought MIT at $2.80 instead of Manulife US Reit at $0.70, likely you won’t cut loss for MIT but will cut loss for Manulife, especially if you have put in an amount larger that you are comfortable with (see Rule 3 below).

Hence this first rule is very important. Please only buy reits/stocks that you are willing to keep at least 10 years, no speculation, no FOMO (Fear or Missing Out). Don’t listen to others. Have independent mind. Must pass sleep test.

Take for example, Development Bank of Singapore (DBS), Singapore Exchange (SGX), Mapletree Industrial Reit (MIT), Mapletree Logistic Reit (Mlog), Capitaland Ascendas Reit (Areit), Frasers Centre Point Trust (Trust), NikkoAM-STC Asia Reit (CFA) etc. No people will cut loss buying these, they will simply add more. Yes, the yield is low, but on long term basis, it is a 99% sure win. Remember Tortoise and Hare Story, Tortoise wins. Many people are enticed by high yield instead of the fundamental behind the companies which in the end lose their hard-earned money and cut loss when the shares drip in prices.

Just keep buy and collect dividend and reinvest for good stocks/reits. You will get this picture below.

2. GUTS (buy big) and PATIENCE (wait crash/dip) and dare to HOLD VERY LONG, think long term (10 years at least)

Most people are looking at short term. They should look at long term (10 years at least). If they did their shares selection well as per rule 1 above, the next step is to have patience and wait. When the time come, example 2020 March Covid Crash, Reits dip due to interest rates etc, they should be brave and buy! However, many don’t have the guts to buy when come. If even they have, they don’t dare to buy big. even if they dare to buy big, they don’t dare to hold. Additionally, people keep want to wait for lower price and then missed!

Are you behaving the same way as I have described above? I believe most are. Let me share a few rules that I have learnt:

  • Buy only dividend growth companies that I know Fundamental well so that I will not cut loss. Example, companies with yield >5% with net cash, low payout ratio, sustainable business. Or simply buy those big names that could rarely goes wrong in my rule 1 above.
  • Be patience. Do research while waiting.
  • Red buy, green sell. Similar to buy discounted groceries in supermarket.
  • Focus cashflow and certainty.
  • Few cents don’t matter. Can’t always buy at bottom price or sell at top price. Good price just dca buy and keep.
  • Better to put big sum (e.g. 100k) in good companies like MIT MLOG FLCT AREIT PLIFE DBS SGX etc for 10% than 10k in less strong stock for 10% gain.

3. Position size Important and no leverage

Position size important and possibility no leverage if you are not sure what you are doing. You can set for example 5% per counter, then you will have 20 counters. Chances of 20 good shares (if you have followed Rule 1 above) dying at the same time, not paying dividend at the same time is very very low.

This is especially true when portfolio get large, example 1 million and above. One should take less risk and do capital preservation. Why? 1 million at 6% already give you $5k per month (not difficult to get 6% yield with 2% cap gain every year). $5k per month is already a very good salary for most people.

However, people want haste and earn more. In the end, they lose more by putting too much in something which can’t let them sleep well. In the end they cut loss and lose money. Hence, only put the amount that you are comfortable with; that would enable you to sleep well.

4. No earn no sell especially for dividend stock. Keep long term, no stop loss policy because point 1 is followed.

This rule is contrary to what most people would do. No cut loss policy.

If you didn’t do any leverage/plan allocation well (Rule 3) and only buy good stocks that let you sleep well (Rule 1), there is no need for you to cut loss. (However, if fundamental changes, please cut loss unless you are confident of recovery).

Price drop, just hold and collect dividends as “painkillers”. Throughout the years, treat the dividend (or simply use the Trading around Core Strategy – Rule 5 below) to reduce the average cost of your shares. The worst case is stock goes to zero or in most case, your average cost will be reduced over time.

5. Trading around Core with only Good FA Dividend Reit/Stock

Of course, it is very hard to curb itchy hands. People feel that it is very hard to do nothing. You have to keep buy sell buy sell, especially if you keep seeing the shares of the companies that you are holding are going up and down every day. Hence what can we do? We can use Trading around Core Strategy.

This simply means that you allocate for example 100k to buy Share XXX for 5% yield. One can simply keep DCA down to keep and collect dividend (price goes down, dividend yield goes up). As long as the total amount of share XXX that you are holding doesn’t exceed your allocation (in this case 100k), you can do a trade buy/sell buy/sell 1-2 cents for profits to reduce your average cost.

For example, you plan to allocate 100k to Mapletree Logistics Trust (Mlog). Currently you are holding only 50k worth of Mlog. You can strategise and buy 10000 shares of Mlog at $1.58 and sell at $1.61. Every trade will win you few hundred dollars which you can treat it as lowering your average holding cost of the share. In the worst case, if the price drops below $1.58, it doesn’t matter too, you can just keep it and collect dividend. Do note that this only work if you follow Rule 3 (allocation) and Rule 1 – only applicable to those that you are willing to hold long term and passed your sleep test.

Good articles that you should read!

People are drawn to dividend investing.

Why? Firstly, dividends provide a regular stream of income, allowing investors to receive a portion of the company’s profits on a periodic basis. This can be particularly attractive for individuals seeking consistent cash flow or looking to supplement their existing income. Additionally, dividend investing is often viewed as a more stable and predictable investment strategy compared to relying solely on capital appreciation.

I always write and share articles, especially on dividends which many people love them. Do read them!

Alternatively, you can go the right side of my page, there is a search bar where you can simply search “dividend” to see all my articles related to dividends!

Of course, you can search for other things that would interest you such as “Careyourpresent”, “Reits”, “Side Hustles”, “Fixed Incomes”, “Savings” etc.

CAREYOURPRESENT

Money just buy you the chance of freedom.

When you are young and working, you exchange time for money. When you are old, you can have lots of money but you can’t buy time back, especially the things that you have missed while busying striking out in career. Of course, if you love your career, and consciously know that you are missing out the first time your child walk or talk, that’s ok, but if you are the other spectrum, please do something about it.

Your kids grew up and they no longer need you to accompany them. They no longer want to sit on your lap to share/do things with you…all these time you spent in your 9 to 6 or even longer cubicles…can the money that you have earned by you back these?

We always thought we have more time with our old parents, but we are wrong. Time with them is ticking away every day. One day it will suddenly be gone. There is no regret medicine, no reset in time. Gone is gone and cannot come back. No matter you are billionaires or millionaires, you cannot reset this.

We always thought that we have more time with our spouse every day, but we are wrong. One day they will be gone too. When you read this, please go tell your spouse that you love him/her and he or she is the best thing that you ever had in your life.

I have picked out some of the more life reflecting articles of the CAREYOURPRESENT series. Do read them:

You can read more about my articles on Careyourpresent via the Category “Careyourpresent” or simply click “Careyourpresent” via the main menu bar.

REMEMBER:

Love your life daily.

You have one less day with your spouse, parents, children and yourself.

Time is ticking away.

For each passing day,

Enjoy and Treasure your Life!

For those who are interested in regular updates of my articles, please join the others to sign up for my free newsletter to has my newest blogposts sent to your mailbox for free!

For real time exclusive updates on market news/life (especially Crypto markets where the news move fast, important news will be shared directly via tweets or telegrams), do also join the platforms below and engage with other like-minded people!

You may also contact me via [email protected].

If you’re looking referral codes, do check out my referral and ebook page. Give it a try and who knows? You might end up loving these platforms! To be absolutely fair to all the readers, I am definitely using all these companies and they are useful to me! Likely will be useful to you too!

At the same referral and ebook page, you can also download my free ebooks and other free resources.

For quick references to these resources, you can see below.

  • Ebooks and other useful resources on enhancing productivity (Investment, Excel, Notion etc). Currently most of it are free at this moment (subject to change).
  • WeBull: A powerful brokerage with nice free welcome gift. You can refer to my guide here on how to signup! 4 Simple step only! Click here to register a new account!
  • MoneyOwl: You can use this 6SHU-93MC to get free grab vouchers and highly safe liquid cash fund account.
  • Trust Bank – You will enjoy free FairPrice E-Voucher referral if you sign up via my referral code KNDBPEPT. Simply download the Trust Bank SG App on the App Store or Google Play Store. Tap on “Use referral code” immediately after you start the app and key in: KNDBPEPT
  • FSMOne: P0413007. Good account to keep liquid cash in autosweep and to purchase investment at low fee.
  • Hostinger: You can use this link for hosting your new website. 20% off hosting!
  • Crypto.com: Use my referral link https://crypto.com/app/h92xdfarkq to sign up for Crypto.com and we both get $25 USD 🙂