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Tag: Reits

Demise of REITs and do you still believe in REITs?

Posted on by careyourpresent

Reporting season is coming now.

HIGHER financing costs due to the rising interest rate will continue wreak havoc on Singapore-listed real estate investment trusts (S-Reits).

Distribution per Units (DPU) will drop which will result the drop in share prices, which currently many of the REITs are already dropping in price even before the results.

iEdge S-REIT Leaders Index SGD

If we look at the iEdge S-REIT Leaders Index SGD, we have travelled back in time to 2020 covid period and 2016.

Most investors should be suffering heavy loses in REITs. The dividends cannot covered your Capital losses.

In case for those not aware,

The iEdge S-REIT Leaders Index is a narrow, tradable, adjusted free-float market capitalisation weighted index that measures the performance of the most liquid real estate investment trusts in Singapore in SGD.

https://www.sgx.com/indices/products/sreitlsp

More Headwinds

If we look at the current prices of your favorite REITs, everything are at quite depressed price (notice that I didn’t say very depressed price)…

Some are giving up and starts to question whether it is correct to buy REITs in the first place? Does REITs has a place investor portfolio?

DPUs will drop as report season comes

DPUs will drop as report season comes, many people are worry and want to sell sell sell! This is confirm and it will come. Are you worry now?

So am I.

Read the articles which I have posted recently.

Treasury Yield so high. I am fearful. So I sold all.

War Chest dipped below Critical Point!

Lastly, I wanted to end with this

Deal 1:

Interest rates are getting lower everywhere and there are usually many hoops to jump to get higher rate such as OCBC 360 and UOB ONE!
Consider Maribank, one of the fuss free and give you 1.28% daily without any conditions! Interest is credited daily!

Sign up for MariBank using my referral code: 2KGZ29UL.
https://www.maribank.sg/product/mari-savings-account/

Insured up to S$100k by SDIC.

Deal 2:

Best Items that I have bought from Shopee.

ONLY the best useful worthy items

Many people I realised that they have only shared things that give them the most commissions. I am different. I will only share things that I have bought, used and found it to be good.

Deal 3:

Webull – Get free money!

Good deal! Do not miss this! Sign up here now for free money!!

Deal 4:

Trust Bank New Clients

Deal 5:

FSMone – Cheap Comms and can transfer your shares to Personal/Joint CDP for Free

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 FSMOne 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.

Deal 6:

Eskimo – Best Option for Roaming!

For now, you can get 500MB for free just by signing up with my referral link, no purchase required (I get 500MB only too, but only if you buy a paid plan). Referral code: CHING104915

You can read my review here.

Money just buy you the chance of freedom but can’t buy back time. In life, there is no reset button. Time is limited but money is not.

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 (your strong health, time with young child) while busying striking out in career.

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.

Love your life daily. You have one less day with your spouse, parents, children and yourself. Time is ticking away.

Focusing Careyourpresent & living a fulfilling life by supercharging your mind & investment/online income. Careyourpresent Series focus on things that one MUST know in their Life.

More articles can be found here.

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].

Treasury Yield so high. I am fearful. So I sold all.

Posted on by careyourpresent

The 10yr and 30 yr US treasury yield is very high now – 5%. REITs are highly sensitive to interest rate. I am fearful, so I have decided to sold all on 20 Oct 2023.

I am scared and worry with huge paper losses.

You can see below.

Recent Trades

Posted on by careyourpresent

Stock market is weird. When things on sales, people fear and don’t dare to buy.

Wait till things expensive then buy.

Did you buy your groceries while they are on sales or when they are priced at a premium?

Did some shoppings recently

I have did some shopping recently.

Bought two shares – Netlink Trust and Keppel DC Reit.

Netlink Trust is about the same price after I bought but lose heavily in Keppel DC Reit.

Well, be patience, I will add again if it goes down further.

I also did some selling to earn kopi money. Bought and sell CapLand Ascendas Reit within the last two weeks.

Now the current price is lower than my sell price of $2.72. I will buy again but which price? You will see it when I post in twitter in future 🙂

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!

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Capitalizing on Market Volatility: War Chest dipped below Critical Point!

Posted on by careyourpresent

Recently, the treasury yields have been increasing. Yield increase means higher cost for businesses who borrows (many businesses do borrow), which indirectly means bad for equities. The risk-free rate for 10 years US treasuries has reached 4.8% this week which spooked out many investors, especially REITs Investors!

Cut loss and wait time

To many people and what many have posted online – the interest rate is high; Reits DPU dropping; hence, Reit Price drops. The risk-free premium is getting narrower for the highly leveraged REITs, since the 10 years treasuries are 4.8% now. The risk is high, better don’t buy. It’s better to wait till interest rate cut, situation gets better, price goes up then buy.

Stock market is the only weird place where people rush to exit when there are sales but rushes to enter when the prices are getting more expensive! Isn’t this weird? Do you do this when your favorite items are on sales in the supermarket?

Photo by Dongki Koh on Unsplash

My Actions

These few weeks I have spent small amount of my war chest to do shopping and finally my War Chest dipped below Critical Point! My war chest is now below 50%, at 49.68% now! I have shared my live buys in Twitter, for those interested, can follow and exchange ideas there 🙂

Market Risk

Likely the weeks coming there will be even greater volatility going ahead.

If it down more, I will use more war chest to only buy good companies. If it up more, I may sell some of the recent buy to take profits. The risk is still relatively high for equities now such that it may go down much further, but timing the market is impossible. We could only roughly know what’s the macros are heading, plan your portfolio allocation and buy only good companies.

Japanese Interest Rate

Many people only look at US interest rates.

Don’t forget about Japanese Interest Rate. 10-year Japanese Government Bond Yield has hit a new decade high at 0.80%. BOJ may not be able to maintain their yield curve control or QE any further. Eventually 1% or higher rate will reach sooner than you think.

The chance for the massive decline in global world liquidity due to dwindling yen carry trade is getting higher. Many highly leveraged companies (especially those who are swimming naked) running into issues will be getting higher each day. Imagine the massive pull out of billions of global foreign investments… what will happen?

Deal 1:

Interest rates are getting lower everywhere and there are usually many hoops to jump to get higher rate such as OCBC 360 and UOB ONE!
Consider Maribank, one of the fuss free and give you 1.28% daily without any conditions! Interest is credited daily!

Sign up for MariBank using my referral code: 2KGZ29UL.
https://www.maribank.sg/product/mari-savings-account/

Insured up to S$100k by SDIC.

Deal 2:

Best Items that I have bought from Shopee.

ONLY the best useful worthy items

Many people I realised that they have only shared things that give them the most commissions. I am different. I will only share things that I have bought, used and found it to be good.

Deal 3:

Webull – Get free money!

Good deal! Do not miss this! Sign up here now for free money!!

Deal 4:

Trust Bank New Clients

Deal 5:

FSMone – Cheap Comms and can transfer your shares to Personal/Joint CDP for Free

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 FSMOne 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.

Deal 6:

Eskimo – Best Option for Roaming!

For now, you can get 500MB for free just by signing up with my referral link, no purchase required (I get 500MB only too, but only if you buy a paid plan). Referral code: CHING104915

You can read my review here.

Money just buy you the chance of freedom but can’t buy back time. In life, there is no reset button. Time is limited but money is not.

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 (your strong health, time with young child) while busying striking out in career.

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.

Love your life daily. You have one less day with your spouse, parents, children and yourself. Time is ticking away.

Focusing Careyourpresent & living a fulfilling life by supercharging your mind & investment/online income. Careyourpresent Series focus on things that one MUST know in their Life.

More articles can be found here.

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].

REITs can be part of your portfolio but not your entire portfolio

Posted on by careyourpresent

Many Singapore Investors love Real Estate Investment Trust (REITs)! Why? Because they are mandated to pay out at least 90% of their taxable income as dividends. As a result, one would have dividends (money) credited into their banks at quarterly basis or half yearly basis.

Hence, there are many “gurus” out there who ask their “followers”, “disciples” etc to buy REITs for their retirement so that especially when one retire, the REITs can provide the cash flow for daily expenses. If the cash flow exceeded your expenses, you can enjoy Financial Independent!

Reits are part of the reasons why many say Dividend Investing is Dangerous.

However, are REITs really that good? really that reliable as a source of regular cashflow income?

What are REITs?

A Real Estate Investment Trust is a company that owns, operates, or finances income-producing real estate across various sectors such as residential, commercial, industrial, or hospitality.

These trusts are publicly traded on major stock exchanges, making them accessible to individual investors, which otherwise is too hefy for retail investors who want to invest in property.

REITs are required by law to distribute at least 90% of their taxable income to shareholders in the form of dividends. The 90% income distribution requirement ensures a reliable income stream for income-seeking investors.

Singapore REITs

There are many different kind of REITs (retail, office, hospitality, logistics, industrial, data etc) in Singapore, you can look at the full list via the SGX website.

People love REITs, by owning REITs, it would implying own part of a property that give you rental income as dividends regularly.

The cool part is that you don’t need to worry about the maintenance of the properties, managing the tenants (as compared to buying and rent out a real physical property) as the REITs manager will do for you. Small upfront cost to purchase the shares of a REITs instead of huge down payment for a physical real property.

Don’t you love REITs now? Regular Dividends, low upfront cost, REITs manager manage the properties for you, one just need to shake leg and collect dividends? Great retirement investments!

The Truth

However, the real truth is often otherwise.

Payout Ratio, highly leveraged

Reits often paid up to 90% of their earnings, ultimately, this is mandated by the law and that’s what made REITs attractive right? However, this means that there is little to none retained earnings. Hence, what would REITs do?

Borrow from the banks or the Unitholders!

Additionally, do not forget that REITs are highly leveraged instruments. Gearing can be 30% to 50% (the limit by law is 50% now, previously was 40% if I didn’t remembered wrongly). This means that they need to pay lots of interest!

What are the current interest rates? Keep increasing!

What happened if the interest rates are increasing?

The REITs will need to pay more!

For those REITs that have borrowings who are due these two years and need to refinance, they would also need to borrow at a higher rate! This means less earnings and thus lower DPU (distribution per unit), which means less dividends for unit holders! Consequently, the price of the REITs would drop and result in capital loss for the investor!

Some REITs which cannot sustain to pay the borrowing costs, cannot refinance the properties, or if the valuation of the underlying properties drop etc. What will happen?

What has happened?

Look at what happen?

Look at the US REITs listed in Singapore you would know.

Or you look at even the famous Mapletree Industrial Trust? Drop from $3 to $2.2+

Big Things?

Dropping of DPU which results in lesser dividends are small thing for an Investor. At most take in less dividends and spend less eat cai png.

Capital loss is small thing for investor as they would argue that just collect dividend, ignore share prices and one day it will come back, especially interest rate cannot be so high for ever (how you know?)

SO what is the big thing?

What happen if the REITs unable to refinance, pay interest cost but still want to acquire properties etc?

Right Issues?

A rights issue is a method used by companies, including REITs, to raise capital by offering existing shareholders the opportunity to purchase additional shares at a predetermined price. This allows the REIT to secure additional funds without turning to external sources such as banks or private investors.

For REITs, rights issues are often employed to finance property acquisitions, reduce debt, or fund other growth strategies.

When a REIT decides to conduct a rights issue, it typically announces the terms and conditions, including the number of new shares offered for each existing share held and the subscription price. Existing shareholders are then given the right to subscribe to these new shares in proportion to their existing holdings.

Right Issues are good!

Many argue that right issues are good! Why?

Some will argue…

Because it give you chance to participate, increase your investment amount such that will give more returns in future especially for those yield accretive rights issue! This is especially true as you can get more units are cheaper prices which you will not be able to do so in the ever rising price of the REITs in the past years…

But what is it a bear market for REITs? What if the share price keep dropping? DPU keep dropping? Are you sinking more hard earned money into something not worthy? or are you increasing your future return by sinking in more capital?

Whether the rights issue are good for a specific REITs, we can put that aside first…but…

BUT….

Imagine you are a Retiree...that depends on dividends for your day to day expenses.

Would you be able to cough out additional cash for the REITs’ right issue?

Additionally, don’t forget the purpose of having REITs is to have passive income cash flow for your expenses according to “GURUs”?

Where is the steady dividends for your retirement that the “GURUS” have told you that you get for your retirement? (perhaps they can retire from your course fees paid but not you retire…haha!)

From another perspectives

I am not saying REITs are not good investment vehicles. In fact, they are good, provided you buy the correct one, plan your overall portfolio well!

Make sure…

You are aware of advance overall portfolio management!

Know what are REITs!

Aware that you can get rights issue anytime given that REITs are highly geared, sensitive to interest rates! Know your risk before investing!

Know yourself, know your own Financial Literacy

Know the 5 Evergreen Investment Principles!

Remember!

BUT Don’t put 100% in REITs. Spread your risk around.

Let’s say you only intend to have 30% REITs, 30% Netcash companies, 10% Growth Stock, 5% Crypto, the rest keep as cash/cash equivalents as opportunity funds etc…In this way, even if the REITs call for rights (which you have already expected and plan for it), then you will survive and prosper.

REMEMBER:

GOOD REITs can be part of your portfolio but not your entire portfolio

Deal 1:

Interest rates are getting lower everywhere and there are usually many hoops to jump to get higher rate such as OCBC 360 and UOB ONE!
Consider Maribank, one of the fuss free and give you 1.28% daily without any conditions! Interest is credited daily!

Sign up for MariBank using my referral code: 2KGZ29UL.
https://www.maribank.sg/product/mari-savings-account/

Insured up to S$100k by SDIC.

Deal 2:

Best Items that I have bought from Shopee.

ONLY the best useful worthy items

Many people I realised that they have only shared things that give them the most commissions. I am different. I will only share things that I have bought, used and found it to be good.

Deal 3:

Webull – Get free money!

Good deal! Do not miss this! Sign up here now for free money!!

Deal 4:

Trust Bank New Clients

Deal 5:

FSMone – Cheap Comms and can transfer your shares to Personal/Joint CDP for Free

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 FSMOne 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.

Deal 6:

Eskimo – Best Option for Roaming!

For now, you can get 500MB for free just by signing up with my referral link, no purchase required (I get 500MB only too, but only if you buy a paid plan). Referral code: CHING104915

You can read my review here.

Money just buy you the chance of freedom but can’t buy back time. In life, there is no reset button. Time is limited but money is not.

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 (your strong health, time with young child) while busying striking out in career.

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.

Love your life daily. You have one less day with your spouse, parents, children and yourself. Time is ticking away.

Focusing Careyourpresent & living a fulfilling life by supercharging your mind & investment/online income. Careyourpresent Series focus on things that one MUST know in their Life.

More articles can be found here.

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].

Deal 1:

Interest rates are getting lower everywhere and there are usually many hoops to jump to get higher rate such as OCBC 360 and UOB ONE!
Consider Maribank, one of the fuss free and give you 1.28% daily without any conditions! Interest is credited daily!

Sign up for MariBank using my referral code: 2KGZ29UL.
https://www.maribank.sg/product/mari-savings-account/

Insured up to S$100k by SDIC.

Deal 2:

Best Items that I have bought from Shopee.

ONLY the best useful worthy items

Many people I realised that they have only shared things that give them the most commissions. I am different. I will only share things that I have bought, used and found it to be good.

Deal 3:

Webull – Get free money!

Good deal! Do not miss this! Sign up here now for free money!!

Deal 4:

Trust Bank New Clients

Deal 5:

FSMone – Cheap Comms and can transfer your shares to Personal/Joint CDP for Free

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 FSMOne 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.

Deal 6:

Eskimo – Best Option for Roaming!

For now, you can get 500MB for free just by signing up with my referral link, no purchase required (I get 500MB only too, but only if you buy a paid plan). Referral code: CHING104915

You can read my review here.

Money just buy you the chance of freedom but can’t buy back time. In life, there is no reset button. Time is limited but money is not.

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 (your strong health, time with young child) while busying striking out in career.

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.

Love your life daily. You have one less day with your spouse, parents, children and yourself. Time is ticking away.

Focusing Careyourpresent & living a fulfilling life by supercharging your mind & investment/online income. Careyourpresent Series focus on things that one MUST know in their Life.

More articles can be found here.

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].

Portfolio Update: Dividends/Interest S$3800 per month

Posted on by careyourpresent

It has been a long while since the update of my portfolio. My last update was in February 2023 when I reflect about my life and the recent passing of my mum – Portfolio Update: Feb 2023 and Reflection at half-life (hopefully) mark – 40 Years old. I guess it is a good time to do another update.

Portfolio Update

If we count until end August, below is (which I have shared in Twitter or X earlier) is currently what I have been receiving from Jan to Aug 2023.

It is still a long way to go till my target of $5,000 monthly. I am suffering from the so called “Cash Rot” syndrome where my cash and cash equivalents is still about 50% of my portfolio. As share in my update of my SSB post earlier,

This is the first time in history where there is an unprecedented increase in interest rates by FED within a short span of few months. There will be time lag effect for the hike in rate to affect the market – very likely the coming few months till early Q1 2024. We shall see.

I am hoping for the chance to deploy my cash. But luckily at least now my rotting cash is earning 3-5% every month (SSB, FSM, Treasury Bill, CIMB Fastsaver Promo, Esaver Promo, UOB One, OCBC 360 etc), as compared to the past year period of low interest rate. That period is really the cash rotting period where the interest in bank is so low!

The Change in my Investing Philosophy

I am old already, I want stability and safety in my portfolio. Always manage risk first and make sure I can sleep well.

I didn’t appreciate this when I was younger – I still remembered that I have followed the great broker to buy Healthway last time when I first started investing a decade ago and lost at least 5 digits! I also buy penny stocks, chart here chart there to trade etc.

Nowadays, I simply go for dividend investing in strong companies, index investing in world index and a very small amount in Crypto (because I believe in the potential of Crypto). This is to ensure that I sleep well and use the time in market to my benefit. Ultimately as Warren Buffett has said it

“The stock market is a device for transferring money from the impatient to the patient.”

Be patient my friend.

Of course even if I could turn back the time and tell my young self (or the young people around nowadays) that slow and steady is the way, young people will not believe me and they will laugh at the oldie and say that we are scared of risks, lousy, stupid etc. They are young and believe that they can take risk and grow! Well that’s true too, but better not risk too much till they lose all their strong starting point savings!

House Update

I am moving house finally in next year 2024 and will become debt free. After I sell my current flat, the proceeds should be able to cover the full cost of my new flat!

My BTO should be ready in next year Q1 or Q2 2024. Guess this new BTO place?

I took this photo that people shared in a group chat for my BTO.

To many, I am a low SES family. I have no car, live in poor shoebox 4 room HDB flat currently. My main transport BMW – Bus/Bicycle, MRT and Walk! I have no high flying career and is a just a normal person on street.

But, I choose to love my life daily, grow my wealth, treasure the real important thing is life (family, health, time etc). I don’t want to regret my life on death bed and just blindly pursue wealth.

Of course, it is undeniable that (money) is also an important part of to live a life that one want. Striking a balance is not easy and I am still learning.

Hence I write this blog to pen down my thoughts for myself/family as well as sharing my experiences with others. Hope this blog has inspired or help you in one way or another. It is not easy to find time to continuously to write blog amidst so many things in life, but I must continue!

Deal 1:

Interest rates are getting lower everywhere and there are usually many hoops to jump to get higher rate such as OCBC 360 and UOB ONE!
Consider Maribank, one of the fuss free and give you 1.28% daily without any conditions! Interest is credited daily!

Sign up for MariBank using my referral code: 2KGZ29UL.
https://www.maribank.sg/product/mari-savings-account/

Insured up to S$100k by SDIC.

Deal 2:

Best Items that I have bought from Shopee.

ONLY the best useful worthy items

Many people I realised that they have only shared things that give them the most commissions. I am different. I will only share things that I have bought, used and found it to be good.

Deal 3:

Webull – Get free money!

Good deal! Do not miss this! Sign up here now for free money!!

Deal 4:

Trust Bank New Clients

Deal 5:

FSMone – Cheap Comms and can transfer your shares to Personal/Joint CDP for Free

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 FSMOne 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.

Deal 6:

Eskimo – Best Option for Roaming!

For now, you can get 500MB for free just by signing up with my referral link, no purchase required (I get 500MB only too, but only if you buy a paid plan). Referral code: CHING104915

You can read my review here.

Money just buy you the chance of freedom but can’t buy back time. In life, there is no reset button. Time is limited but money is not.

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 (your strong health, time with young child) while busying striking out in career.

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.

Love your life daily. You have one less day with your spouse, parents, children and yourself. Time is ticking away.

Focusing Careyourpresent & living a fulfilling life by supercharging your mind & investment/online income. Careyourpresent Series focus on things that one MUST know in their Life.

More articles can be found here.

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