Having just obtained my Class 2 & Class 4 QDL (Qualified Driving Licence) this week, I'll have to be more careful when riding as I can't accumulate more than 12 demerit points in the next 1 year even when I'm still riding my Class 2A bike.
Having QDLs for all classes of bike (i.e. Class 2B, 2A & 2) as well as Class 3 & 4 and all those time, sweat & money on the lessons & TP tests, I fully appreciate the importance of safe driving/riding. And I do not want to lose these QDLs just because of a moment of foolishness & folly.
Perhaps someone with more than 1 QDL will appreciate this more, especially those bikers as currently, only the 3 driving centres can offer lessons of bikes and spending almost 2 hours each lesson under the hot sun or cold rain on the bike is no joke!
Taking all these into considerations, it's a no brainer that it is not worth for me in speeding, beating red traffic lights or drink driving and risk losing all my QDLs and having to start all over again in this area. After all, I had spent at least $6000 on it so far!
Sunday, February 20, 2011
Sunday, February 13, 2011
Sunday, February 6, 2011
Review of January 2011
January 2011
Realised Profit/Loss from trades: $2602.45
Dividends Received from stocks: $86.15
Total Realised Profit/Loss: $2688.60
2011 YTD
Realised Profit/Loss from trades: $2602.45
Dividends Received from stocks: $86.15
Total Realised Profit/Loss: $2688.60
Note:
1) The above excludes CPFIS-OA & SRS as the funds in these 2 accounts are locked-in till DDA & retirement age respectively.
2) The above also excludes the PSBP (Phillip Share Builders Plan) as amounts of realised profits & dividends in PSBP are automatically re-invested.
3) The investments in CPFIS-OA, SRS & PSBP will be covered separately.
Realised Profit/Loss from trades: $2602.45
Dividends Received from stocks: $86.15
Total Realised Profit/Loss: $2688.60
2011 YTD
Realised Profit/Loss from trades: $2602.45
Dividends Received from stocks: $86.15
Total Realised Profit/Loss: $2688.60
Note:
1) The above excludes CPFIS-OA & SRS as the funds in these 2 accounts are locked-in till DDA & retirement age respectively.
2) The above also excludes the PSBP (Phillip Share Builders Plan) as amounts of realised profits & dividends in PSBP are automatically re-invested.
3) The investments in CPFIS-OA, SRS & PSBP will be covered separately.
Dividends Received in January 2011
Dividends received in January 2011:
1) $86.15 from Suntec Reit (5000shares) on 05 Jan 11
Total Dividends Received in Jan 2011: $86.15
Total Dividends Received in 2011: $86.15
Note:
1) The above excludes CPFIS-OA & SRS as the funds in these 2 accounts are locked-in till DDA & retirement age respectively.
2) The above also excludes the PSBP (Phillip Share Builders Plan) as the dividends in PSBP are automatically re-invested.
1) $86.15 from Suntec Reit (5000shares) on 05 Jan 11
Total Dividends Received in Jan 2011: $86.15
Total Dividends Received in 2011: $86.15
Note:
1) The above excludes CPFIS-OA & SRS as the funds in these 2 accounts are locked-in till DDA & retirement age respectively.
2) The above also excludes the PSBP (Phillip Share Builders Plan) as the dividends in PSBP are automatically re-invested.
Saturday, February 5, 2011
Wednesday, February 2, 2011
Investing my CPF Monies
Having some spare cash in my CPF-OA after setting aside the $20,000 that is not allowed to be invested, I decided to adopt a hybrid strategy.
After utilising all my allowable CPF-OA monies in stocks (i.e. 35% of the OA monies), the other 2 options that I'm looking at will be STI ETF and Unit Trusts. One can use 100% of the OA monies to purchase STI ETF and/or Unit Trusts (approved by CPF) after setting aside the first $20,000 in the OA.
STI ETF
This is a much simpler approach. However, the minimum cost is for 1 lot, thus costing at least $3200 at current prices. Therefore, I decided to hold on for this and wait for a correction before getting any. Furthermore, there is no means of dollar cost averaging for this presently unless one has the capacity to get several lots.
Unit Trusts
Although the many debates on the performance/returns of Unit Trusts compared to ETFs seemingly point to a conclusion of ETFs faring better than Unit Trusts, there isn't any affordable means of DCA for ETFs using CPF-OA at the moment. Furthermore, only the first $20,000 of the OA has an interest rate of additional 1% per annum (i.e. 3.5% per annum). The rest of the OA has an interest rate of 2.5% per annum. It's not hard to find an Unit Trust having an annualised return of 5 to 6% per annum. Thus, I decided to do a RSP of $200/month on Unit Trusts using my CPF-OA monies to leverage on the advantages of DCA.
Yet the monthly CPF contributions will still allow my OA balance to grow and therefore serves as part of my opportunity funds in both stocks & STI ETF.
After utilising all my allowable CPF-OA monies in stocks (i.e. 35% of the OA monies), the other 2 options that I'm looking at will be STI ETF and Unit Trusts. One can use 100% of the OA monies to purchase STI ETF and/or Unit Trusts (approved by CPF) after setting aside the first $20,000 in the OA.
STI ETF
This is a much simpler approach. However, the minimum cost is for 1 lot, thus costing at least $3200 at current prices. Therefore, I decided to hold on for this and wait for a correction before getting any. Furthermore, there is no means of dollar cost averaging for this presently unless one has the capacity to get several lots.
Unit Trusts
Although the many debates on the performance/returns of Unit Trusts compared to ETFs seemingly point to a conclusion of ETFs faring better than Unit Trusts, there isn't any affordable means of DCA for ETFs using CPF-OA at the moment. Furthermore, only the first $20,000 of the OA has an interest rate of additional 1% per annum (i.e. 3.5% per annum). The rest of the OA has an interest rate of 2.5% per annum. It's not hard to find an Unit Trust having an annualised return of 5 to 6% per annum. Thus, I decided to do a RSP of $200/month on Unit Trusts using my CPF-OA monies to leverage on the advantages of DCA.
Yet the monthly CPF contributions will still allow my OA balance to grow and therefore serves as part of my opportunity funds in both stocks & STI ETF.
Tuesday, February 1, 2011
Friday, January 21, 2011
Trades for the week 17 Jan - 21 Jan 2011
Sold:
ARA Asset Management - 400 shares @ $1.82 in Phillip Unit Share Market (19 Jan 2011)
- I have earlier sold off 2000 shares @ $1.80 last week on 13 Jan 2011 as listed in Trades for the week 10 Jan - 14 Jan 2011.
Entry: Nov 2007, 2000 shares @ $1.15 (during IPO)
Exit: Jan 2011, 2400 shares (including 400 bonus shares received on 10 May 2010)
Period of holding: 3years 3months
Gain from sale: $1989.56
% Gain: 86.4%
Dividends received: $315.40
Total Gain: $2304.96
% Total Gain: 100.1%
Sunpower - 5000 shares @ $0.47 (21 Jan 2011)
Entry: Feb 2007, 5000 shares @ $0.40
Exit: Jan 2011, 5000 shares @ $0.47
Period of holding: 3years 11months
Gain from sale: $297.49
% Gain: 14.67%
Dividends received: Nil
Total Gain: $297.49
% Total Gain: 14.67%
Selling the above 2 counters is part of my plan in consolidating my portfolio. Although I did not manage to sell off at the day or week high, I'm satisfied by the returns generated.
ARA Asset Management - 400 shares @ $1.82 in Phillip Unit Share Market (19 Jan 2011)
- I have earlier sold off 2000 shares @ $1.80 last week on 13 Jan 2011 as listed in Trades for the week 10 Jan - 14 Jan 2011.
Entry: Nov 2007, 2000 shares @ $1.15 (during IPO)
Exit: Jan 2011, 2400 shares (including 400 bonus shares received on 10 May 2010)
Period of holding: 3years 3months
Gain from sale: $1989.56
% Gain: 86.4%
Dividends received: $315.40
Total Gain: $2304.96
% Total Gain: 100.1%
Sunpower - 5000 shares @ $0.47 (21 Jan 2011)
Entry: Feb 2007, 5000 shares @ $0.40
Exit: Jan 2011, 5000 shares @ $0.47
Period of holding: 3years 11months
Gain from sale: $297.49
% Gain: 14.67%
Dividends received: Nil
Total Gain: $297.49
% Total Gain: 14.67%
Selling the above 2 counters is part of my plan in consolidating my portfolio. Although I did not manage to sell off at the day or week high, I'm satisfied by the returns generated.
Sunday, January 16, 2011
Trades for the week 10 Jan - 14 Jan 2011
Bought:
Starhill Global Reit - 11000 shares @ $0.65 (14 Jan 2011) - SRS Account
GLP (Global Logistics Property) - 1000 shares @ $2.14 (14 Jan 2011) - CPFIS-OA
Sold:
ARA Asset Management - 2000 shares @ $1.80 (13 Jan 2011)
- I've been holding this counter (at IPO price of $1.15) since its IPO in Nov 2007. And I still have 400shares which will need to be sold via Phillip Unit Share Market. The gains, together with the dividends received, will thus be updated after I sold off this 400shares.
I've been looking at Starhill Global Reit for quite some time. With a dividend yield of 6% & NAV of $0.89, I find it suitable for my SRS investments as I'm looking to grow my SRS account via growth/dividend stocks.
Only having about $2600 left in my CPF OA stock investment limits, I narrow down to a few counters, namely GLP, CapitaMalls Asia & UOB-KayHian. CapitaMalls Asia doesn't seem to have much downside as it have been trading at $1.8+ for a while and the current price is still below the IPO price and much below the peak after the IPO. However, I'm already holding this counter in my cash investment. For UOB-KayHian, the price has went up since the announcement of MayBank buying over Kim Eng. Eventually, i chose GLP as I believe the exposure to the logistics property sector in China & Japan will only grow in time and will not have as much risk as the residential property sector which is present in CapitaMalls Asia.
I'm currently holding quite a few counters in all my investments especially in my cash portfolio. Therefore, I'm planning to consolidate some of these and sell off those that have run up more in the recent bull run & especially those which I hold less than 5 lots. ARA fits into this quite nicely and its price went up from $1.5+ to $1.8+ during these few weeks. If I can sell off the remaining 400shares, the gain should be around 100% , including dividends received, in about 3years 2months.
Background of Starhill Global Reit
Portfolio comprised 13 properties (primarily for retail and office purposes) in Singapore, Malaysia, Australia, Japan and China.
Properties are Wisma Atria and Ngee Ann City on Orchard Road in Singapore, Starhill Gallery and Lot 10 in Kuala Lumpur, Malaysia, full ownership of a premier retail property in Chengdu, China, seven properties in the prime areas of Tokyo, Japan and the David Jones Building in Perth, Australia.
Portfolio value of S$2.6 billion approximately.
Dividend Yield of 6.108% (based on last done price of $0.65)
Background of GLP
Market leader in modern logistics facilities in two of Asia’s largest economies, China and Japan.
Owns, manages and leases out an extensive network of 296 completed properties within 122 integrated parks spread across 25 major cities in China and Japan. The properties are strategically located within key logistics hubs, transportation hubs or industrial zones in the greater metropolitan areas of China and Japan, such as Shanghai, Tianjin, Guangzhou, Tokyo and Osaka.
Listed in Singapore Exchange recently in Oct 2010.
Starhill Global Reit - 11000 shares @ $0.65 (14 Jan 2011) - SRS Account
GLP (Global Logistics Property) - 1000 shares @ $2.14 (14 Jan 2011) - CPFIS-OA
Sold:
ARA Asset Management - 2000 shares @ $1.80 (13 Jan 2011)
- I've been holding this counter (at IPO price of $1.15) since its IPO in Nov 2007. And I still have 400shares which will need to be sold via Phillip Unit Share Market. The gains, together with the dividends received, will thus be updated after I sold off this 400shares.
I've been looking at Starhill Global Reit for quite some time. With a dividend yield of 6% & NAV of $0.89, I find it suitable for my SRS investments as I'm looking to grow my SRS account via growth/dividend stocks.
Only having about $2600 left in my CPF OA stock investment limits, I narrow down to a few counters, namely GLP, CapitaMalls Asia & UOB-KayHian. CapitaMalls Asia doesn't seem to have much downside as it have been trading at $1.8+ for a while and the current price is still below the IPO price and much below the peak after the IPO. However, I'm already holding this counter in my cash investment. For UOB-KayHian, the price has went up since the announcement of MayBank buying over Kim Eng. Eventually, i chose GLP as I believe the exposure to the logistics property sector in China & Japan will only grow in time and will not have as much risk as the residential property sector which is present in CapitaMalls Asia.
I'm currently holding quite a few counters in all my investments especially in my cash portfolio. Therefore, I'm planning to consolidate some of these and sell off those that have run up more in the recent bull run & especially those which I hold less than 5 lots. ARA fits into this quite nicely and its price went up from $1.5+ to $1.8+ during these few weeks. If I can sell off the remaining 400shares, the gain should be around 100% , including dividends received, in about 3years 2months.
Background of Starhill Global Reit
Portfolio comprised 13 properties (primarily for retail and office purposes) in Singapore, Malaysia, Australia, Japan and China.
Properties are Wisma Atria and Ngee Ann City on Orchard Road in Singapore, Starhill Gallery and Lot 10 in Kuala Lumpur, Malaysia, full ownership of a premier retail property in Chengdu, China, seven properties in the prime areas of Tokyo, Japan and the David Jones Building in Perth, Australia.
Portfolio value of S$2.6 billion approximately.
Dividend Yield of 6.108% (based on last done price of $0.65)
Background of GLP
Market leader in modern logistics facilities in two of Asia’s largest economies, China and Japan.
Owns, manages and leases out an extensive network of 296 completed properties within 122 integrated parks spread across 25 major cities in China and Japan. The properties are strategically located within key logistics hubs, transportation hubs or industrial zones in the greater metropolitan areas of China and Japan, such as Shanghai, Tianjin, Guangzhou, Tokyo and Osaka.
Listed in Singapore Exchange recently in Oct 2010.
Saturday, January 8, 2011
Trades for the week 03 Jan - 07 Jan 2011
Bought:
AIMS AMP Capital Industrial Reit - 10000 shares @ $0.22 (07 Jan 2011)
Background of AIMSAMPIREIT
Portfolio comprised 27 industrial properties, 26 of which are located throughout Singapore and one in Saitama, Tokyo, Japan.
Portfolio value of S$800 million approximately.
Diversified across the following key industrial subsectors: warehouse and logistics, manufacturing, business and office park and research and technology. The properties house a tenant base of international and local companies engaged in a wide range of economic activity, including construction and engineering, food and beverage, consumer goods, pharmaceuticals, oil and gas, information technology and logistics.
Dividend Yield of 7.21% (based on last done price of $0.22)
AIMS AMP Capital Industrial Reit - 10000 shares @ $0.22 (07 Jan 2011)
Background of AIMSAMPIREIT
Portfolio comprised 27 industrial properties, 26 of which are located throughout Singapore and one in Saitama, Tokyo, Japan.
Portfolio value of S$800 million approximately.
Diversified across the following key industrial subsectors: warehouse and logistics, manufacturing, business and office park and research and technology. The properties house a tenant base of international and local companies engaged in a wide range of economic activity, including construction and engineering, food and beverage, consumer goods, pharmaceuticals, oil and gas, information technology and logistics.
Dividend Yield of 7.21% (based on last done price of $0.22)
Moving On in Relationships
I have been pondering since I read a blog on relationships & friendships a couple of weeks ago.
These are the two:
Why I Parted Ways With My Best Friend of 10 Years &
How I Moved On From A Heartbreak – Part-1: My Journey With Love.
The author of the blog is a life coach and was mentioned in several articles in the newspapers.
Well, I'm mentioning this here as I view kinship & friendship as priceless which no amount of dollars & cents can buy.
Both of the blog entries indeed give me a wider perspective on relationships & friendships.
For a relationship to work, both parties must be willing to compromise and self-sacrifice.
Similarly, to maintain a friendship, both have their own part too.
I do treasure the memories of my previous relationship. And I treasure the friendship that I fortunately have had over the years.
But if any of these always brings sadness, disappointments, troubled minds, regrets, then it will pose obstacles to one's progress in life.
Perhaps I should really think about these in my own life and move on.... and this might mean having to part ways with some...
These are the two:
Why I Parted Ways With My Best Friend of 10 Years &
How I Moved On From A Heartbreak – Part-1: My Journey With Love.
The author of the blog is a life coach and was mentioned in several articles in the newspapers.
Well, I'm mentioning this here as I view kinship & friendship as priceless which no amount of dollars & cents can buy.
Both of the blog entries indeed give me a wider perspective on relationships & friendships.
For a relationship to work, both parties must be willing to compromise and self-sacrifice.
Similarly, to maintain a friendship, both have their own part too.
I do treasure the memories of my previous relationship. And I treasure the friendship that I fortunately have had over the years.
But if any of these always brings sadness, disappointments, troubled minds, regrets, then it will pose obstacles to one's progress in life.
Perhaps I should really think about these in my own life and move on.... and this might mean having to part ways with some...
Saturday, January 1, 2011
Quarterly/Yearly Reports from Companies
It is well known that shareholders will receive the reports on a regular basis via postage, even if one only has 1 lot of shares.
Since a few years ago, I've been wondering why most companies are still printing the reports when it could be distributed via CDs.
I'm glad to share that the idea of distributing the reports to shareholders via CDs is beginning to be more common adopted. At least out of all those that I receive, CapitaLand, Yangzijiang, Frasers Commercial Trust have gone the green way. This should also cut down the costs in the reports distribution which will bring benefits to all the shareholders in the long run.
I hope we will see more of such in the near future!
Since a few years ago, I've been wondering why most companies are still printing the reports when it could be distributed via CDs.
I'm glad to share that the idea of distributing the reports to shareholders via CDs is beginning to be more common adopted. At least out of all those that I receive, CapitaLand, Yangzijiang, Frasers Commercial Trust have gone the green way. This should also cut down the costs in the reports distribution which will bring benefits to all the shareholders in the long run.
I hope we will see more of such in the near future!
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