Author: A Singaporean Stockmarket Investor (ASSI)

3Q 2019 passive income: IREIT Global.

I shared my passive income numbers in my last blog and also revealed that I significantly increased my investment in IREIT Global. Now, I will explain why I chose to increase my investment in IREIT Global in 3Q 2019: 1. It seems to me that the negative interest rate will persist for some time to come as ECB just made it even more negative recently which means that IREIT Global’s low cost of debt will remain low and, if we recall, the REIT actually refinanced at a lower interest rate of 1.5%, down from 2% not too long ago. See:...

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3Q 2019 passive income: Numbers.

It has been a while since my last blog and I hope everyone is doing well. So, now that 3Q 2019 has ended, an update on what I did in the quarter is due. Well, in terms of my investments, apart from collecting dividends, regular readers know that I sold quite a big chunk of my portfolio earlier in July. See: Sell into the rally… And for what it was worth, I also provided an update on the largest investments in my portfolio. See: Largest investments… Then, after that, I was mostly just adventuring in Neverwinter and taking it...

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Insider buying in APTT and Lu Fang Ming.

This blog is in reply to a comment from a reader regarding insider buying in APTT: HERE. There is usually only one reason why insiders would increase their stakes especially if they should do so in a big way. After all, no matter how rich we become, rationally, we don’t want to lose money. Personally, I believe that APTT is undervalued. Otherwise, I would not have bought more as Mr. Market went into a depression. See: Gobbling APTT. and 4Q 2018 and APTT. It is good that insiders of APTT seem to think the same way. [embedded content] This...

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In conversation with AK 2019 (Part 2).

Reader #1 says… Do you feel that there’s a REIT in Singapore which we could buy and hold forever? AK says… I thought I could hold First REIT forever. I changed my mind. ? Now, I wonder if I could hold AA REIT forever? I think we have to be prepared for changes because they do happen. Related post: Largest investments updated (3Q 2019).   Reader #2 says… I noticed that you hardly talked about Forex Trading. May I know if you could share your thoughts on it? Actually I’m asking this because one of my friends is doing...

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Largest investments updated (3Q 2019).

It has been almost a year since my last blog on the largest investments in my portfolio. Since then, in the following months, I added to some of my investments such as 1. OCBC at under $11.00 a share, 2. ComfortDelgro at under $2.20 a share and 3. SingTel at under $3.00 a share. Not much activity on my part, really. Most of the time, I was just collecting dividends while waiting for Mr. Market to recover from his depression. When Mr. Market did recover, I waited to see how euphoric he could get. (To be totally honest, mostly,...

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Sell into the rally and stay invested.

A reader left me a comment recently: “Many AK shares like CDG and APTT have gone up. I hope AK didn’t dispose them.” Why would I sell them before? I like being paid while I wait. This is something I have said many times before. Therefore, regular readers would find this quite familiar. We buy undervalued income producing assets, receive dividends while waiting for Mr. Market to turn realistic. We could even buy good income producing assets at fairer values, receive dividends while waiting for Mr. Market to turn optimistic. When Mr. Market is greedy, the wait is over....

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Ascendas Hospitality Trust’s investors getting a bad deal?

As a backgrounder, if you have not done so, you might want to read this blog: Ascott Residence Trust and Ascendas Hospitality Trust to become one. It was published on Wednesday, July 3rd, 2019. The blog here is in reply to a reader’s comment that it is a bad deal for AHT investors. AK says… While not fantastic, really, it isn’t that bad a deal for AHT investors. For every AHT unit, we will get almost 0.8 unit in the combined entity. Priced at $1.30 per unit, the deal values AHT at almost $1.04 a unit. AHT was trading...

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Ascott Residence Trust and Ascendas Hospitality Trust to become one.

In reply to a reader’s comment: HERE. Ascendas Hospitality Trust (AHT) has been a good investment for income over the years. AHT has also been rather undervalued by Mr. Market for most of those years. This deal shows the true value of AHT. “ART will acquire all AHT stapled units at $1.0868 each, comprising $0.0543 in cash and 0.7942 ART-BT stapled units issued at a price of $1.30.” Source: Yahoo!Finance. I first invested in AHT in 2014 and paid a price of 72c a unit. See: AHT: A nibble. Over the years, I accumulated at prices lower than my initial...

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1Q 2019 passive income.

Sometimes, I hear people say that time slows to a crawl once they are retired. I find that strange because time flies faster than ever for me in my retirement. Again, 3 months have gone past me in the blink of an eye. Again, I am reminded that time is too precious for us to simply keep exchanging it for money. See: Why did I want an early retirement? Yes, some people say that time is money. For me, I say time is more precious than money. Don’t be a wage slave but also don’t be in a situation...

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Income tax payable in 2019?

Readers know that I have been spending a lot of time in Neverwinter and it will continue to be so as Neverwinter is launching Mod 16 a few weeks from now. Mod 16 is Neverwinter’s largest Mod (or expansion) in its 5+ years history and it is going to bring big changes to the game. I will be spending a lot more time farming and preparing for the new Mod. So, a longer period of absence from my blog and FB page or wall could be expected in the near future. After this blog post, it could be quite...

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Passive income made by passive income? Yes!

This blog material is taken from a reply I recently gave a young reader who is doubtful that a comfortable retirement is achievable in Singapore for the average worker. The reader also wonders why AK seems to be pretty calm about losses in investments while he is likely to get rather depressed.   AK says… If we are right more often than we are wrong, we should do well enough and I think I have been lucky that way. After so many years as an investor, I am more forgiving towards myself and try not to dwell too much...

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Investing for income to financial freedom. (Dividend Machines creation in 2019.)

When I blogged about my decision to take a long break from public appearances, I also said that I would continue blogging but less frequently. I know that I am a social media influencer and I have readers who appreciate my blog. One reader then said: “Most so called social media influencers I read about pitch/sell products. “I would say you are some kind of pseudo (not psycho!) influencer who don’t sell products (except ‘Neverwinter’) who talks about how to live your life prudently and be financially free ?” That is true. I hardly sell anything in my blog....

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Special dividend from VICOM and financial freedom.

I just received a letter from LTA that my car is due for an inspection. Wow! Has it really been three years? Time really flies. This is something older people feel more keenly than the younger ones. The younger ones think that they still have time to plan for retirement and they are probably right. However, if they think that they can kick the can down the road, this could result in them regretting when they are older. Many older people do regret not planning earlier for retirement. Time and tide wait for no man. Before we know it,...

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$1.5m in CPF savings by doing nothing henceforth.

Reader says… “I know you think of CPF as bonds in your portfolio and you want to grow it to reduce portfolio risk and volatility but what if you are unable to do it one day?  “Do you have back up plan?” AK says… “Although I feel that I should be able to continue to do Voluntary Contributions to my CPF account yearly to reach the Annual Contribution Limit, there could be a year or two or a few when I might not be able to do so. “After all, we cannot know what might happen in future and...

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This guy has 800K in his CPF. (AK responds to HWZ Forum.)

A reader pointed me to a thread in HWZ Forum which discussed about my CPF savings being more than $800K. He wanted to clarify certain questions and comments made by some people there. I am amazed that there are more than 10 pages of comments and I am even more amazed by some of the comments made. There is plenty of ignorance in that thread. There is also so much “jelly” that HWZ can start a dessert shop. What about HWZ starting a grocery since there are plenty of grapes too but they are of the sour variety and...

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