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This is an article that Syfe wrote and I thought it will be interesting to share with readers of NAOF. I have previously written what i believe is a non-biased review of the investment methodology behind Syfe’s ARI algorithm. I then followed up with a step-by-step account opening process which took me less than 10 … Read more
FSMOne: Upping the game of “cheap” investing FSMOne Fees for Regular Savings Plans (RSP) in ETFs are likely the most competitive among the local brokerage houses. Investing in US-domiciled ETF might now also be more economically feasible (although there will always be lingering concerns over tax-efficiency). (The original article was first published back in Nov … Read more
Lion-Phillip S-Reit ETF is one of the only 3 REIT ETFs available here in Singapore. Given its 100% focus on Singapore REIT counters, it is not surprising that Singapore investors have a natural preference over this Reit vs. its two predecessors: Phillip SGX APAC Dividend Leaders REIT ETF and Nikko AM REIT ETF, both of … Read more
This article will be broken up into 3 parts. We will first provide a brief introduction and key information that investors should be aware of pertaining to Syfe. Next, we will delve into its investment methodology and lastly wrap up the article with a step-by-step account opening procedure, which should take no more than 10 … Read more
Yangzijiang announced its 4Q19 on 28 Feb 2020 where its earnings were down 30% YoY compared to 4Q18 to RMB642m. We see the company as a steady ship, but one that is heading into a major storm in 2020. Yangzijiang’s share price declined by approx 3% post-4Q19 results, slightly underperforming the broader market, which has … Read more
The NAOF-DIY portfolio I have written on numerous occasions that the New Academy of Finance (NAOF) retirement portfolio structure, one that works on the premise of the 4% withdrawal rule, is a better alternative vs. the traditional 60:40 equity bond structure. Not only is the NAOF structure “proven” to have a much higher safe withdrawal … Read more
Dividend Growth Stocks I came across this interesting US Dividend Stock Watchlist that was compiled by Tom Stevenson who had a Dividend Growth Investing Facebook Group and I thought I customize it and share it with readers of NAOF. The idea is to find the “Best” Dividend Growth Stocks based on 3 criteria: Fidelity Equity … Read more
Sembcorp Industries 4Q19 Sembcorp Industries announced its 4Q19 results before the market opens on 21 February. The losses at S$15m for 4Q19 came in smaller than my expectations, even after accounting for its share of Sembcorp Marine’s substantial losses. These were due to two main reasons. One, Sembcorp Industries’ Urban Development division performed extremely well … Read more
Capping a disastrous end to 2019 Sembcorp Marine announced its 4Q19 results before the market opens on 20 February. The company incurred 4Q19 losses of S$77.7m, bringing full-year 2019 losses to S$137m. We previously expected full-year 2019 losses to be in the region of S$100-110m. We believe the main reason why losses came in significantly … Read more
GE 2015 vs 2020 The Government has come up with a generous budget consisting of rebates, bridging loans and cash payouts to help Singaporeans and businesses during these uncertain times. This Budget is also seen by many as a sweetener for the election-year budget, which is anticipated to be in 2020. We did a GE … Read more
Coming to a potential inflection point At 126 months, the US is in its longest economic expansion in history, breaking the record of 120 months of economic growth from march 1991 to March 2001. This data, according to JP Morgan, dates back all the way to 1900. So YES, we are definitely in record territory. … Read more
The sustainability of a REIT dividend/distribution payments is a key consideration for most investors looking at generating a passive income source from the ownership of such assets. We highlighted the dividend growth profile of our S-REITs in an article last week, entitled: Which S-REITs have the best record of dividend growth. This article is sort … Read more
SATS announced its 3QFY20 results on 13 February after the market closes. As expected, the results weren’t pretty. We highlighted in a short write-up of the company back in early December 2019 that the company will be negatively impacted by 3 near term headwinds: Margins pressure from consolidation Persistent cargo weakness Disruption in Hong Kong … Read more
Recession-Proof Companies There are many US companies with an illustrious track record of growing their dividend payment every year. The bests of the bests are the Dividend Kings, companies that have grown their dividend payments by 50 consecutive years. There are currently 28 companies that meet this criterion and one can download the latest list, … Read more
This article looks to identify the best tax efficient ETF portfolio to invest in for Global, US and Emerging Market exposure. For investors who have been engaging a DIY approach to construct your own ETF-based passive portfolio, you are probably well-aware of the tax implications when one is vested in US-domiciled ETF. For those who … Read more
I thought it will be useful to list the dividend-paying track records of S-REITs. Consistent dividend growth is one of the key criteria that I personally used in the evaluation of dividend-paying stocks or REITs. I wasn’t able to find any website that provides a summarized snapshot of the dividend track record of our S-REITs, … Read more
