February flew by just like that. Did not make any trade this month as there is no incoming dividends and income from my side hustle only came in today. Probably will add into Venture or another counter next week depending on the price movements.  As usual, 25% of my side hustle income goes to my SA top up which I just did.  Another 25% for discretionary spending and balanced 50% for investment. Unless there is a compelling buy that requires bigger amount to execute (e.g. position sizing purpose, good DCA opportunity, etc), my monthly investment funds will only come from the side ..read more

Happy Chinese New Year everyone! 3rd day of the new year and it seems like most are not back to work yet. Traffic is smooth throughout the day. For me, I have resumed my work, albeit in a slower manner. Just to do a quick update for my recent investments which can basically be summed up in the following sentences: Buy what, what drop.  Sell what, what rise.  1) BABA I cut loss for this counter at 84.78 at the end of last year partly due to their drastic price cutting of Qwen. Have briefly talked about this here. Then on the first day of CNY they released a new version of Qwen ..read more

  Happy New Year everyone.   Quick review of 2024 and looking forward to a better 2025.   Family   Overall not a bad year for us. Only thing is jie jie kept falling down and hurt herself. It got so frequent that we are thinking if there is something wrong with her legs or other parts of the body. This is worrying for my wife and I.   There was once I saw her fell down in front of me. She just fell to her knees and I thought that was it. But suddenly her body started to lean forward and her head fell to the ground as well. This process is like happening in slow motion ..read more

Investment   $1,904.02 collected in dividends from Ascendas Reit, MIT, MLT, CLCT and CICT. Lol all the acronyms.  Also collected 200 scrips from MLT and 1,800 rights + excess from the recent CICT PO. For MLT, I elected to receive partial scrips with partial cash. The scrip price of $1.276 is attractive and more so given the expected rise in share prices as a result of Fed's rate cut. Partial cash is for avoidance of odd lots. For CICT, it was an average up for me. I elected to subscribe for the rights and apply for excess for a total of 1,800 units. I received the full allocation ..read more

Investment   $1,455.68 collected in dividends from DBS, OCBC and SingTel.   This, together with another good month in terms of my side hustle as a freelance personal trainer means I have a higher investable amount without touching my main income or savings. Have not added anything in August since share price of the counters I had planned to add has ran up. Will monitor for dips and enter. Will continue to add into my income portfolio using: 75% of my side income + 100% of dividends received. Have been doing this on a monthly basis whenever possible and it has worked well so far ..read more

No dividends collected this month. Added Mapletree Industrial Trust @ $2.10 and Mapletree Logistic Trust @ $1.26. Have blogged about this in an earlier post. Looking to add some non-Reits for the next couple of months. Double "S" maybe? Must say I have been pleased though not surprised with SingTel's recovery in share price recently. I have blogged several times in the past on my confidence in SingTel, their potential catalysts and the actions they are doing to turn things around. Mr Yuen has done an excellent job so far in pulling the company out from the previous doldrums and pushing the ..read more

Company has performed quite well in the last FY with revenue setting a new record.   Being in the environmental management business, our business operation itself is already covering the "E" part of our Environmental, Social and Governance (ESG) efforts.   To contribute to the "S" part of the ESG pillars, I have just made a donation to three selected organisations.   The causes selected are nature, elderly and children. All of which are close to my heart and with the first one synergistic to my business as well.   Now the line between personal and business is blurring. And ..read more

Collected dividends from OCBC and DBS.  Syfe portfolio finally turned in a small profit after so many years although it gave up the gains towards end of the month.  Added 1,700 units of Netlink NBN Trust @ $0.84. This is my second purchase in recent months and at the same price.  On my sideline as a personal trainer, this month is the record in terms of income as I took on a number of new clients.  As usual, 75% of this income stream goes to my portfolio along with any dividends collected for the month.  Family-wise, the kids have finally gotten better from their ..read more

April is a month of mixed feelings in terms of investment. At the closing today, my CLCT officially lost half of its value with capital loss of 50.35%. No thanks to the double blow of the new asset class performance and Forex effect.  Silver lining is the dividends collected over the years that help soften the blow. Will hold on and ride through this while continuing the dividend collections to lessen the blow. On the other hand, my DBS and OCBC achieved capital gains of ~59% and ~61% respectively.  Overall portfolio is still staring at 4.52% loss YTD excluding dividends. For t ..read more

MLT released its latest quarterly results yesterday.   Did a quick run through and list down the salient points for my own reference as follows.   Good   Higher distributable amount and DPU Y-o-Y.   High portfolio occupancy.   Overall positive rental reversions despite negative reversions from China assets. Relatively low leverage of 38.8%.   Low average finance cost of 2.5%. Impressive.   >3% interest coverage.   Well spread maturing debt profile. <10% of debt maturing in the next two years.   About 80% of distributable amount for the next 1 ..read more