RT 
Before all the Warren Buffett’s fans out there start stoning me, these are Warren Buffett’s own words pertaining to a particular loss opportunity: “In the earlier years, it’s very clear – the answer is stupidity” Warren Buffett What was this pertaining to? He was actually referring to his decision NOT to invest in Microsoft in … Read more
Creating the ideal 4% withdrawal rule portfolio I believe that some of you would be familiar with the 4% retirement rule. In a simple nutshell, this is the amount of money you might withdraw each year from the starting value of your portfolio of stock and bonds in retirement and not risk running out of … Read more
I tried to calculate the math behind the Retirement Sum Scheme and unfortunately, that did not work out for me. I hope that some expert can enlighten me on that. But before I dive into the details, below is a quick summary of the Retirement Sum Scheme and its successor, CPF LIFE. For those already … Read more
Following the closure of the Motley Fool Singapore, Singaporeans now have one less website to visit for their stock inspiration. The Dollar and Sense team have previously put up a list of 13 local websites that continue to offer Singapore investors quality stock insights and commentaries. Unfortunately, the New Academy of Finance doesn’t make the … Read more
Glassdoor, a website where current and former employees anonymously review companies, just announced the Top 10 best places to work in Singapore for 2020. Unfortunately, no local firms made the cut. All the top Singapore employers of 2020 are international firms. 8 of the leading 10 are headquartered in the US, one in the Netherlands … Read more
5G evolution is coming. Are you positioned to capitalize? South Korea became the first country in Dec 2018 to offer 5G or what you might term as the fifth-generation mobile wireless standard. Most countries plan to start adopting 5G in 2020, which will be the key driver of various technological evolution such as Internet of … Read more
Dividends on steroids At risk of sounding like a drug addict, we like to introduce a juicy concept to potentially boost your passive income. We are all familiar with dividends, am I right? Nothing beats lazing at home and yet witness our account “magically” being credited with money. But what if we could double a … Read more
We recently wrote a results preview note for SATS, with the conclusion that its 2QFY20 results will remain lackluster due to margins pressure from cargo weakness. True enough, the company’s 2QFY20 results were below market expectations, with across-board downward earnings revision from the street. SATS: Long-term fundamentals in-tact Don’t get me wrong. I am positive … Read more
According to a survey conducted by online shopping and discount service website Picodi with 22,000 respondents, Singaporeans are the seventh biggest holiday spenders in the world, spending on average S$1,086 (USD$797) on a holiday. How much money people spend on holidays The biggest spenders come from Australia who spends an average of USD$1,505 per holiday … Read more
Getting passive dividend income every month is a dream come true for many, particularly if that income more than offsets one’s expenses. It is like achieving the “Holy Grail” of dividend investing. All of us talks and dream about it but alas, few ever seem to accomplish it. Dividend Investing: The Yield When it comes … Read more
NET WORTH UPDATES – 2019 Net worth updates November 2019 – $1.21m (+0.8%) Hi all. Welcome to New Academy of Finance portfolio and net worth report! This is where we look to provide transparency in terms of our financial well-being. To be honest, it is a little scary disclosing to the world what my household … Read more
Bloomberg reported on a potential IPO of Thai Beverage’s brewery business Earlier in the day, Bloomberg published a report which says that Thai Beverage is considering an initial public offering of its brewery business in what could be the biggest listing in Singapore in close to a decade. The company may seek to value the … Read more
According to various media sources, Frasers Logistic & Industrial Trust and Frasers Commercial Trust are planning to merge, as consolidation among Singapore’s real estate investment trusts (REITs) gathers pace. This will be the 4th deal this year if it happens. In January, CapitaLand Ltd strikes an SGD$6bn deal with Temasek Holdings for Ascendas Pte and … Read more
Straco’s Flyer suspended due to technical issues Straco Corp, a share that I own in my portfolio, saw its share’s declined by more than 4% when it was reported that the Singapore Flyer has suspended its operations since Nov 19 after a technical issue involving one of the spoke cables. A spokesman for the Flyer … Read more
Most of you would be familiar with the “Greatest” investor of all time, Mr. Warren Buffett. But you probably have not heard of Mr. Jim Simons, the hedge fund manager that charges a 5% management fee and 44% performance fee!!! Sounds like a scam in the making? Well, you can’t be more wrong than that. … Read more
Should you be buying REITS today? REITs have been one of the most popular investment assets to generate a passive stream of income. It is for this very reason (and maybe some others which I will elaborate) that I am looking to increase my portfolio exposure to this investment class. This is despite REITs being … Read more
