tag:blogger.com,1999:blog-79449022130757563352024-03-18T15:38:21.665+08:00A Singaporean Stocks Investor (ASSI)Have a more secure financial future in an uncertain world by creating a stream of reliable passive income with high yields.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger3676125tag:blogger.com,1999:blog-7944902213075756335.post-25214667376005963912024-03-14T15:19:00.000+08:002024-03-14T15:19:53.076+08:00More funds came in as yield hits 3.78% p.a.The latest 6 months T-bill auction saw a cut-off yield of 3.78% p.a. Pretty decent although it dipped slightly from 3.8% p.a. we saw in the auction before this. Better than the 3.4% p.a. offer from CIMB for a 6 months fixed deposit. So, good enough for me. Around 96% of non-competitive applications, total S$2.5 billion, were allotted in the latest auction.
(AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.com2tag:blogger.com,1999:blog-7944902213075756335.post-52913986985667117562024-03-11T09:15:00.000+08:002024-03-11T09:15:09.086+08:00Sabana REIT: Internalization pains.When Sabana REIT's unit holders voted for the internalization of the REIT's manager, some readers asked me what I thought of it.For the record, I didn't vote for the internalization.I sat on the fence.From past experience with Croesus Retail Trust, I guessed that internalizing the manager would be a costly exercise.I said as much here in reply to readers' comments.However, if successfully AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.com4tag:blogger.com,1999:blog-7944902213075756335.post-6109744500877301412024-02-28T09:38:00.000+08:002024-02-28T09:38:17.722+08:00OCBC ups dividend by 5%! $7 billion net profit!OCBC has declared a dividend of 42 cents per share, up from 40c a year ago.This represents a 5% increase which makes me happy.Full year dividend per share is, therefore, 84c.This is an increase of some 21% from a year ago.Payout ratio is about 53% of net profit.The stellar results of 2023 was driven mainly by higher net interest margins across all its markets.Net profit was in excess of $7 AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.com16tag:blogger.com,1999:blog-7944902213075756335.post-67955729553085008362024-02-26T09:00:00.000+08:002024-02-26T09:00:05.818+08:00Investing for income more difficult as CPF SA goes away?Recently, I blogged about how the CPF SA would vanish once we turn 55 from 2025.This was, of course, announced during Budget 2024.Many people have thought of using the CPF SA as one of the ways to generate passive income in retirement.That is now out the window.We would be left with the CPF RA which we can choose to top up to the ERS which is going to be 4x the BRS instead of 3x the BRS.We would AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.com2tag:blogger.com,1999:blog-7944902213075756335.post-47456416995501022972024-02-20T11:00:00.000+08:002024-02-20T11:00:12.197+08:00SRS portfolio in 2024. What did I do?SRS was a topic I used to blog about pretty often.I have not been blogging about it as much since I have not been making contributions in recent years.Reason is because I no longer pay income tax.See:Income Tax payable?If we are still paying income tax, contributing to our SRS account makes sense to enjoy some tax relief.Of course, we want to put our SRS money to work or we would get a very AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.com13tag:blogger.com,1999:blog-7944902213075756335.post-568488851237576452024-02-16T17:56:00.000+08:002024-02-16T17:56:45.626+08:00DBS, T-bill and CPF. Dragon shatters shield!Hope everybody is having a great start to the Year of the Dragon!I am enjoying myself.Maybe, I am enjoying myself a bit too much.Too much Chinese New Year goodies.Sore throat!Ouch!My investments are mostly doing well and I am contented.DBS is making me smile a lot more than usual, of course.The latest 6 months T-bill had a cut-off yield of 3.66% p.a.My application using $675K of CPF OA money is AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.com20tag:blogger.com,1999:blog-7944902213075756335.post-52882745852648016642024-02-07T11:12:00.002+08:002024-02-07T11:39:22.023+08:00Huat with DBS in Year of the Dragon!DBS reported stellar full year 2023 results.Net profit rose 26% to S$10.3 billion.Return on equity improved from 15% to 18%.2023 saw a 22% increase in total income largely due to higher net interest margin, fee income and treasury customer sales.A final dividend of 54c was proposed and this is 6c higher than before.2023 full year dividend at $1.92.DBS is also proposing a bonus share issue of 1 AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.com18tag:blogger.com,1999:blog-7944902213075756335.post-50148420753460325442024-02-01T20:19:00.001+08:002024-02-01T20:19:10.849+08:00Updated plan as yield plunged on 6 months T-bill!It could be a sign of things to come.Cut-off yield in the latest 6 months T-bill auction was 3.54% p.a.That is a huge decline from 3.7% p.a. seen in the prior auction.100% of my non-competitive bid was filled.3.54% p.a. is still decent but it is similar to what I am able to get from 6 months fixed deposits now.I have a few fixed deposits maturing this month and I will be renewing them at 3.55% AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.com8tag:blogger.com,1999:blog-7944902213075756335.post-60913003769687153462024-01-31T21:13:00.000+08:002024-01-31T21:13:26.971+08:00DBS and CPF miracle! Happiness!I don't usually blog at night but this is so exciting that I just have to talk to myself.Yesterday, I talked about my 1 year T-bill which I purchased with CPF OA money maturing.This was the available balance in my CPF IA then:I also said that I transferred the funds from CPF IA back to CPF OA upon seeing the money credited at 5pm.This was my CPF OA balance yesterday:
(adsbygoogle = AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.com8tag:blogger.com,1999:blog-7944902213075756335.post-15493388291708746862024-01-30T09:35:00.001+08:002024-01-30T09:35:50.934+08:00CPF account is recovering almost $700K. Thoughts.Regular readers know that I strongly believe in the CPF system.I believe that it is a good habit to sock away some money consistently.In other words, I believe in saving money.We never know what could go wrong in life and having some savings, substantial savings, is really comforting.Of course, I also say that we should put our money to work.We don't want to spend our life working for money.We AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.com14tag:blogger.com,1999:blog-7944902213075756335.post-92195059815128677372024-01-26T09:54:00.000+08:002024-01-26T09:54:09.617+08:00My plan after 3.45% p.a. 1 year T-bill.Massive disappointment.Many felt that when the cut-off yield came in at 3.45% for the latest 1 year T-bill auction.I somehow got the dates messed up and I couldn't take part in the auction.Regular readers might remember that I bought a 1 year T-bill about a year ago using CPF-OA money.That cut-off yield was 3.87% p.a. and would mature on 30 January 2024.So, it would not have matured in time for AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.com10tag:blogger.com,1999:blog-7944902213075756335.post-1150763206332241942024-01-15T11:08:00.003+08:002024-01-16T11:53:49.668+08:00Reducing risk and volatility on portfolio level.I have picked up Yu Gi Oh again!Found that I could play it for free online.It was something I played but only for a bit and I enjoyed the anime.I didn't have a deck of my own as it was too expensive to build one.I had to use a friend's deck.It was so long ago.Old brain.So rusty.It is a strategy game that really tests my ageing brain which is a good thing.Helps to slow the onset of dementia, AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.com13tag:blogger.com,1999:blog-7944902213075756335.post-58798305454422228502024-01-10T11:54:00.003+08:002024-01-10T11:54:49.039+08:004Q 2023 passive income: Why the smile?In my first blog post of the year, I said that 4Q 2023 passive income should come in weaker.This is because OCBC and UOB only pay dividends in Q2 and Q3.So, missing these major contributors, it is only reasonable to expect lower passive income numbers for me in Q4 2023.Also, I expected Q4 2023 passive income to be lower, year on year.This is because my investments in REITs and property developersAK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.com12tag:blogger.com,1999:blog-7944902213075756335.post-70145469253568333932024-01-05T10:32:00.002+08:002024-01-05T10:32:48.573+08:00$3K CPF MA Top Up in 2024 to new BHS.Like I shared in a recent blog post, the new Basic Healthcare Sum is $71,500 which is an increase of $3,000 from $68,500 in 2023.This was what my CPF statement looked like at the start of 2024:After doing the Top Up of $3,000 using PayNow, this is what my statement looks like now:
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I decided to do the Top Up earlier than later in theAK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.com0tag:blogger.com,1999:blog-7944902213075756335.post-40776651524044616442024-01-03T16:38:00.000+08:002024-01-03T16:38:14.152+08:00CPF savings, SSBs & T-bills in January 2024.Last year, I published a blog post with a very eye catching title regarding my CPF savings."More than $1.1m in CPF savings!"Well, this time, it is a whimper, in comparison, at less than half a million dollars. ;pSo, how much exactly?Here is my CPF pie chart at the end of 2023:
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Some readers might say that for the first time in a AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.com0tag:blogger.com,1999:blog-7944902213075756335.post-14508589016073087102024-01-01T09:20:00.001+08:002024-01-01T09:20:17.420+08:00List for 2024! CPF BHS. T-bills. 2023 passive income.Happy new year!Brand new month and brand new year!I have been busy the entire month of December and now I have to plan my January.I have so much to do in different worlds.Neverwinter, World of Warships and Black Desert Online.12 to 14 hours of time spent in virtual worlds.Of course, I must not forget things I must do in the real world too.January looks like it is going to be another busy month AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.com17tag:blogger.com,1999:blog-7944902213075756335.post-74905549372622242792023-12-03T10:54:00.000+08:002023-12-03T10:54:55.141+08:00SSB, T-bills, DBS and UOB. Plan for December. Easy.This is probably going to my final blog post for 2023.Planning on taking it easy for the rest of the month when it comes to social media.Have been a little too active in the last few months on YouTube.Now, going to spend more quality time with myself.Being able to play three games everyday on my new gaming laptop makes me very happy.That is what retirement is about.It is about being happy.A few AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.com37tag:blogger.com,1999:blog-7944902213075756335.post-48540424053782671072023-11-26T16:30:00.000+08:002023-11-26T16:30:20.655+08:00Unemployed AK grew his passive income from $100K to $200K per year.I thought of making a video out of this but I am feeling a little under the weather.So, I decided to blog about this instead while the thought is still fresh on my mind.Something I do regularly is to blog about my passive income.It is a digital record of not only the numbers but also my thoughts at those different points in time.Of course, the blog posts are also to inspire readers.Hopefully, AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.com24tag:blogger.com,1999:blog-7944902213075756335.post-24476501123080476892023-11-24T11:41:00.000+08:002023-11-24T11:41:11.197+08:00Added to position in DBS. T-bill 3.8% p.a. cut-off yield.Just a quick update on what I have done in recent days to my investment portfolio.For anyone who is following me on YouTube, it is no secret that I have been looking to add to my investment in DBS.I identified the immediate support to be at $32.00, and if that should break, then, $31.80 would be next.I added to my position at closer to $31.80 a share but it is just a nibble.I see longer term AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.com12tag:blogger.com,1999:blog-7944902213075756335.post-28145249347856789922023-11-16T12:28:00.005+08:002023-11-16T12:28:42.172+08:00F.I.R.E. Always have a Plan B! Better and cheaper!I always say try not to be married to our jobs.This is because if we spend our lives working and doing nothing else, if we should one day be retrenched or if we must stop working for whatever reason, we would be lost.This is why so many people say if they retire, they would die faster.For me, I have always thought of work as a means to an end which is to achieve F.I.R.E.Of course, back then, AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.com12tag:blogger.com,1999:blog-7944902213075756335.post-27925685393568971182023-11-09T10:23:00.005+08:002023-11-09T10:47:49.406+08:00Full Retirement Sum is not enough to retire on!It has been quite a while since I tinkered with the CPF website.I remember how I used to visit the website very often back in the days when I was actively plotting how to make full use of the CPF system.Anyway, as I close in on 55 years of age, I decided to revisit the CPF website.That is when I get a Retirement Account set up.I thought it would be a good idea to check on how much my Full AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.com38tag:blogger.com,1999:blog-7944902213075756335.post-79109480193812871462023-11-08T21:48:00.000+08:002023-11-08T21:48:14.666+08:003.75% p.a. cut-off yield for T-bill. Disappointing.The results for the 6 months T-bill auction came out at 5pm or so.I made a short video on this soon after.In a nutshell, I was disappointed.I did make a video a few days ago saying that we could see 3.88% p.a. based on the daily SGS prices and yields published by the MAS.Of course, I didn't expect an exact match but 3.75% is even lower than the auction that took place one month ago.That gave 3.87AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.com6tag:blogger.com,1999:blog-7944902213075756335.post-84568895803290115032023-11-04T11:33:00.000+08:002023-11-04T11:33:13.257+08:00SSB missions update! Redemptions! SSB I forgot I had!I don't usually look at my CDP statement these days because I really dislike looking at it online. So uncomfortable.I miss the paper statements so much.Yes, I know the argument for going green but I am not sure that going from chopping down trees to guzzling energy in data centers is a good trade or not?After all, we can replant trees but unless we are using renewable energy, data centers AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.com9tag:blogger.com,1999:blog-7944902213075756335.post-59076796767370070182023-11-02T09:39:00.007+08:002023-11-02T09:41:14.380+08:00SSB 3.4% p.a. and 6 months T-bill ladder.At the beginning of October, I had this to say:"Although I am sticking to my strategy of growing the investment grade bond component of my investment portfolio, there might no longer be a hurry to lock in higher yields for the longer term now."I said that because we could see yields staying higher for longer.So, I have been nibbling at Singapore Savings Bonds in the past 2 months.This month's AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.com16tag:blogger.com,1999:blog-7944902213075756335.post-22428150140397060992023-10-28T16:54:00.004+08:002023-10-28T16:54:34.474+08:00My plan for CPF as SSB 3.32% p.a. oversubscribed.I blogged about my interest in buying some Singapore Savings Bond which offered 3.32% p.a. in 10 year average yield.It seems that many more people have the same idea.The results are out.The SSB was oversubscribed.Fortunately, for smaller applications like mine, we had 100% of our applications filled.
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This SSB partially replaces AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.com34