They chose financial independence over home ownership.

This is somewhat extreme but watch how this Canadian couple chose financial independence over home ownership.  They are in their 30s and,...

Past blog posts now load week by week. The old style created a problem for some as the system would load 50 blog posts each time. Hope the new style is better. Search archives in box below.


"E-book" by AK

Second "e-book".

Another free "e-book".

Pageviews since Dec'09


Recent Comments

ASSI's Guest bloggers

Hyflux Water Trust: Privatisation.

Monday, August 2, 2010

Trading of units in Hyflux Water Trust (HWT) was halted today as a proposed voluntary delisting was announced. The exit offer price is 78c per unit in cash.  This represents a premium of almost 14% over the last traded price of 68.5c.  Read announcement here.

I still have 5% of my original investment in HWT left, having divested the rest in stages for capital gains.  I planned to keep this remaining investment as a no brainer passive income earner for the longer term as I bought these at 30c early last year and the DPU is about 5c per annum, giving me a yield of about 17%.  This is not to be, it seems.  Looking on the bright side, I will be getting back some money and booking a gain.



Monthly Popular Posts

Bloggy Award