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Many people ask how can they retire from work earlier and be financially comfortable like me? Of course, I tell them investing for income ha...

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Tea with AK71: A short break.

Thursday, November 10, 2011

I have not been blogging for a few days. I did not even look at the stock market.

My portfolio is not a trading one. It is basically one that generates regular and reliable passive income. So, it is not unthinkable to just leave it alone while I take a short break.

I did receive a SMS from my broker today regarding LMIR's rights issue and how much I should transfer to subscribe to it. Other than that, I have been out of touch.

Where did I go the last few days? Here is a clue:

I might be blogging about my trip in my travel blog over the next few weeks. Look out for it. :)

Related post:
No change to my plan as I plan changes to my life.


SnOOpy168 said...

enjoy your time in Hong Kong.

Anonymous said...

Ak, must inform ur reader that u will be away. Or else we will be worried what happen to u

Anonymous said...

Ak went to japan with his best friend!!!

Ray said...

Able to stay so serene in a time of turmoil. That speaks volume about your investment strategy. Btw, how long did it take for you to reach your current state? 10 years? I am 32 and just started to learn to invest but wonder how long before I can reach a "steady state". :)

PanzerGrenadier said...


Enjoy your trip :-)

Be well and prosper.

AK71 said...

Hi SnOOpy168,

You guessed it! I did enjoy my time in Hong Kong.

I will be sharing some pictures taken on the trip in my travel blog soon. :)

AK71 said...

Hi Anonymous,

Oh my, some of you actually got worried? Apologies. :(

AK71 said...

Hi Anonymous,

Sorry, I went to Hong Kong.

The clue showed Chinese words, not Japanese. ;p

AK71 said...

Hi Ray,

I am 40 this year but I really settled on the current strategy a few years ago. The current strategy provides a steady passive income stream even in choppy market conditions.

With panic in the air and credit tightening, we could see yields going even higher. I hope to collect more on the cheap. :)

AK71 said...

Hi Panzer,

Thanks. :)

I just came back but I will be going on another vacation next month. ;)

Ray said...

Hi AK, do you think your current strategy will amass wealth slower although maybe safer? So you earned your capital in your prev strategy using more value and technical trading?

Singapore Man Of Leisure said...

No wonder so quiet these few days ;)

Welcome back!!! Got take pictures of the birds there? LOL!

AK71 said...

Hi Ray,

Slow and steady wins the race, they say. ;p

On a serious note, this is but one way to grow our wealth. There are many ways to do so.

My current strategy is probably suitable for people who would be happy to get regular income at yields which beat inflation by a fair margin. :)

AK71 said...


I did visit Ocean Park and they have an aviary there. So, yes, I did take some photos of our fine feathered friends. I didn't know you are a bird lover. :)

Anonymous said...

Got buy lao po bing for me anot?


AK71 said...

Hi Dingxie,

I had lots of dimsum in Hong Kong. Best to eat fresh. I don't think they are nice if we tabao. ;)

Anonymous said...

Anything ak buy for me, i will say nice :) I taobao back 6 boxes of lao po bing before. Wing wah also got sell lao po bing in vacum pack.


AK71 said...

Hi Dingxie,

I have not bought anything from Wing Wah before but I did buy some pineapple pastry from Kei Wah. Apparently, Kei Wah is famous for this and my friends from Hong Kong would always give these away as presents. Personally, I don't think they are that fantastic, preferring those from Taiwan. Just personal taste. :)

Anonymous said...


Got eat hk wanton anot? U travelled by jetstar? Where did u stay? U travelled around hk by taxi?

AK71 said...

Hi Anonymous,

Wow, so many questions.

I will have to ask you to wait a bit as I will be blogging about my trip in my travel blog. ;)

Mark said...

I don't understand why yr broker sms u to ask how many right u shud take up? i tot we juz go to ATM and pay to subscibe? Pardon me, but i never contact broker in my buy/sell....

AK71 said...

Hi Mark,

I have some LMIR units held in a nominee account. For those units, I would transfer to my broker the required funds to pick up the rights units.

For LMIR units in my CDP account, I will have to visit the ATMs at a date no later than 24 Nov to do the same.


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