2Q 2023 is a good quarter for dividends.
PRIVACY POLICY
Featured blog.
1M50 CPF millionaire in 2021!
Ever since the CPFB introduced a colorful pie chart of our CPF savings a few years ago, I would look forward to mine every year like a teena...
Archives
Pageviews since Dec'09
Recent Comments
ASSI's Guest bloggers
- boon sun (1)
- Elsie (1)
- Elvin H. Liang (1)
- ENZA (3)
- EY (7)
- FunShine (5)
- Invest Apprentice (2)
- Jean (1)
- JK (2)
- Kai Xiang (1)
- Kenji FX (2)
- Klein (2)
- LS (2)
- Matt (3)
- Matthew Seah (18)
- Mike (6)
- Ms. Y (2)
- Raymond Ng (1)
- Ryan (1)
- Serejouir (1)
- skipper (1)
- Solace (13)
- Song StoneCold (2)
- STE (9)
- TheMinimalist (4)
- Vic (1)
Resources & Blogs.
- 5WAVES
- AlpacaInvestments
- Bf Gf Money Blog
- Bully the Bear
- Cheaponana
- Clueless Punter
- Consumer Alerts
- Dividend simpleton
- Financial Freedom
- Forever Financial Freedom
- GH Chua Investments
- Help your own money.
- Ideas on investing in SG.
- Invest Properly Leh
- Investment Moats
- Investopedia
- JK Fund
- MoneySense (MAS)
- Next Insight
- Oddball teen's mind.
- Propwise.sg - Property
- Scg8866t Stockinvesting
- SG Man of Leisure
- SG Young Investment
- Sillyinvestor.
- SimplyJesMe
- Singapore Exchange
- Singapore IPOs
- STE's Investing Journey
- STI - Stocks Info
- T.U.B. Investing
- The Sleepy Devil
- The Tale of Azrael
- TheFinance
- Turtle Investor
- UOB Gold & Silver
- Wealth Buch
- Wealth Journey
- What's behind the numbers?
UOB: Book value, dividend yield & prices to buy at.
Monday, May 1, 2023Posted by AK71 at 9:28 AM 4 comments
DBS Q1 report's next! Higher ABSD & banks. When to sell?
Friday, April 28, 2023
After UOB, DBS is next to report Q1 2023 results.
This is going to happen on 2 May.
I just produced a video on what we could expect and also when I might consider reducing exposure to Singapore's banks.
Watch the video here.
Last night, I produced a video on the stronger property cooling measure announced by the authorities and what it could mean for Singapore banks?
I also mentioned UOB and what I thought of its current valuation.
Watch the video here.
Remember, the sky is not falling.
Stay calm and have a war chest ready.
If AK can do it, so can you!
Recently published:
1. Why increase exposure to UOB?
2. SSB and T-bill (April 2023.)
Posted by AK71 at 9:18 AM 0 comments
Labels:
DBS,
OCBC,
real estate,
UOB
Why increase exposure to UOB? Stellar Q1 2023 results!
Thursday, April 27, 2023I am having a lot of fun producing YouTube videos.
Singapore Savings Bond and T-bill allotment (April 2023.)
Posted by AK71 at 9:49 AM 6 comments
Labels:
UOB
DBS, OCBC and UOB: Another tailwind from China?
Tuesday, April 18, 2023
Recession could hit Singapore!
Posted by AK71 at 8:58 AM 11 comments
Learn how to become a millionaire! DBS, OCBC & UOB FTW!
Thursday, March 23, 2023I have been quite prolific recently as a blogger.
Yes, if AK can do it, so can you!
The sky is not falling!
Posted by AK71 at 9:33 AM 8 comments
Labels:
DBS,
investment,
OCBC,
UOB
DBS, OCBC & UOB test supports? Bitcoin at $1m! UBS buys Credit Suisse! First Republic Bank downgraded to junk!
Monday, March 20, 2023
The headlines which grabbed my attention this morning were two.
First, that Credit Suisse would be purchased by its Swiss rival, UBS, for 3 billion Swiss Francs.
Second, that S&P downgraded First Republic Bank further into junk as the US$30 billion infusion by a consortium of largest U.S. banks was deemed insufficient.
It seems to me that the banking crisis is still an evolving story.
In Singapore, fundamentally, our local lenders are financially sound and the Monetary Authority of Singapore has issued statements to say that DBS, OCBC and UOB are well capitalized and have little exposure to Credit Suisse.
Although I believe that weakness in the stock prices of DBS, OCBC and UOB is an opportunity for long term investors to accumulate, I am going to keep some powder dry.
From a technical analyst's perspective, the downside risk is pretty real, and Mr. Market's negative sentiment towards the banking sector could see stock prices of DBS, OCBC and UOB testing their immediate supports.
This is because Mr. Market can be pretty irrational at times and has thrown the baby out with the bathwater many times before.
We could see supports breaking then.
During times like that, when buying opportunities with potentially better future returns present themselves, we would appreciate having a war chest ready.
OK, I will stop telling horror stories about banks for now and move on to something which might be a bit more cheerful for some people.
What is it?
A piece of news which didn't quite grab my attention but was at the back of my mind had to do with a cryptocurrency, Bitcoin.
What's cheerful about Bitcoin?
The ex-CTO of Coinbase, Balaji Srinivasan, predicts that Bitcoin will hit US$1 million per coin by the middle of June 2023!
What?
OMG!
You so stunned like vegetable?
You are not alone.
He says that there will be hyperinflation in the U.S.A. as the US$ will see its value, which has been declining, ultimately destroyed.
We are seeing challenges to the US$ in many countries as major economies like China and India have been getting their trading partners to use the Chinese Yuan and the Indian Rupee respectively as their currencies of choice.
The rapid hikes in interest rates in the U.S.A. also means that the country's debt servicing burden has risen dramatically.
The Fed has not been able to contribute to the government coffers because of this and instead the U.S. Treasury is being drained at a frightening pace.
The U.S.A. is, in fact, bankrupt.
To avoid a default, the U.S.A. has to take on even more debt which is why the debt ceiling has to be raised by Congress.
If it sounds like a PONZI scheme to you, it is because it sounds like a PONZI scheme.
Bitcoin's price is rocketing higher in response to this development, it seems.
The banking crisis has further accentuated a critical flaw of fiat currencies and how they can be produced at will by central banks.
This is a very scary situation and as long as the can continues to be kicked down the road, all seems OK but is it really OK?
This is one reason why I changed my opinion about Bitcoin sometime in the middle of last year.
I explained in a blog many months ago I chose to buy some Bitcoin over Ethereum because of Bitcoin's status as digital gold.
Like gold, Bitcoin's supply is limited.
I bought another small fraction of a Bitcoin when its price dropped to its long term support last year.
Yes, I hold some Bitcoin like I hold some physical gold.
Bitcoin and gold are currencies, and like all currencies, they can be traded.
However, my purpose is not to trade Bitcoin and gold.
I look at them as insurance against flawed fiat currencies.
I believe in having insurance as I always have a crisis mentality.
Anyway, in case you missed those blogs or if you are interested in a refresher, they are linked in the references below.
We are living in very turbulent times and we can only do what we feel is right to have some peace of mind.
Recently published:
Building my investment in OCBC took many years!
References:
1. Gold, silver and Bitcoin.
2. Bitcoin at long term support.
US$30b rescue! T-bill 3.65% p.a.! Banks or REITs? Good?
Friday, March 17, 2023
I am not feeling too good today.
So, if this blog feels a little incoherent, you know why.
I have so many things flying around in my mind now.
I just need to deposit them here in my blog, my Pensieve.
So, it seems that the U.S. banking crisis is contained once again with eleven big U.S. banks pledging $30billion to First Republic Bank.
This is a significant move to shore up confidence in the U.S. banking system as the individual sums of $1billion to $5billion in deposit are, obviously, uninsured by the F.D.I.C.
It is pretty impressive as it should be quite obvious to anyone that the U.S. Fed is unable to fight high inflation and to bail out the U.S. banking system at the same time.
Choosing to hike interest rate to fight inflation would increase the fallout risk in the banking system while not hiking interest rate might result in higher inflation.
The $30billion joint deposit made to First Republic Bank did not happen because the largest banks in U.S.A. decided all at once that it was in their industry's best interest.
The CEO of J.P. Morgan, the largest bank in U.S.A., Jamie Dimon, together with Jerome Powell and the Treasury secretary, Janet Yellen, seeded the idea.
Jamie Dimon approached his peers and the $30billion package was born.
So, with the banking crisis contained once more, the Fed will be able to hike interest rate next week with one less thing to worry about.
This move will follow the ECB, which just hiked interest rate by 0.5% to fight inflation in the EU.
Bond yields sank for many days in a row, because Mr. Market was betting on the Fed choosing to manage the risk of further fallout in the U.S. banking sector rather than to continue hiking interest rate to fight inflation.
There was also a flight to safety as Mr. Market moved money to the relative safety of treasuries.
With the Fed likely to hike interest rate as planned, investors in Singapore should see yield on the short end of the curve rising again.
So, we should see 6 months T-bill yield going higher from the relatively low cut-off yield of 3.65% per annum we saw in the 16th March auction.
As for DBS, OCBC and UOB, the Monetary Authority of Singapore has issued a statement to say that the exposure which DBS, OCBC and UOB have to troubled Credit Suisse is “insignificant”.
I am staying invested in DBS, OCBC and UOB for income as I expect them to continue to bring home the bacon.
With higher dividends declared, I look forward to getting bigger portions in future too.
What about REITs?
In the current environment, U.S. banks are going to be more selective and risk averse.
So, I believe that it could be harder to secure loans or to refinance for some commercial properties in U.S.A. now.
So, I would avoid those U.S. REITs which have very high gearing and which need to refinance in the next 12 to 18 months.
Digital Core REIT, which is a data centre REIT, saw its unit price crashing because one of its largest tenants, Cyxtera, which accounts for 22% of its income has not been able to refinance a revolving credit facility that matures in Nov 2023.
Moody's downgraded Cyxtera's credit rating to junk as it believes the possibility of default over the next few months is significant.
Only a couple of months ago, there was a chorus of BUY calls for Digital Core REIT by analysts and some finance social media influencers.
It pays to remember not to ask barbers if we need a haircut.
It pays to remember that no one cares more about our money than we do.
Eat crusty bread with ink slowly for peace of mind.
Recently published:
Banking crisis spreads! AK issues warning!
Posted by AK71 at 12:00 PM 2 comments
Labels:
DBS,
investment,
OCBC,
REITs,
UOB
Banking crisis spreads! AK issues warning!
Thursday, March 16, 2023
This is a reply to a regular reader and active commentator, Garudadri.
I thought I should publish it as a blog to issue a warning to all readers.
Here goes.
To be quite honest, I am not rubbing my hands in gleeful anticipation of a greater market crash.
Apart from being aware of what a market crash means for many people, I am also a very lazy investor who would very much prefer to do nothing instead of having to do something.
By my own standards, last year was a rather active year for me as an investor, too active for my liking, and I was looking forward to a year of relative inactivity in 2023.
I think Warren Buffett would approve since he famously said that "inactivity strikes us as intelligent behavior."
Nothing would please me more than to see my businesses chugging along nicely and paying me reasonably well, year after year.
I agree with you that if we have the ability to hold long term, barring earth shattering changes to the banking landscape, all three of our local lenders in Singapore should continue to do well even with all the speed bumps along the way.
So, if we have the resources and it is not difficult to find people with deeper pockets than mine, we could buy into DBS, OCBC and UOB now, especially if we don't have any exposure to them yet.
Especially so if we don't plan to look at stock prices regularly over the next few years.
"I would tell investors not to watch the market too closely." - Warren Buffett.
Of course, we have to remember that most of us don't have money gushing in all the time like Warren Buffett does.
He is in a class of his own.
As for the technical analyses (TA) on the stock prices of DBS, OCBC and UOB which I have shared recently in my blog, they are just something I enjoy doing from time to time.
I don't do as much TA as much as I used to many years ago when I was more active in the stock market as a trader.
So, I am probably pretty rusty.
This is why I decided to publish my reply to you as a blog to warn people to take their anti-tetanus jabs before looking at my TA.
AK is just talking to himself as usual.
Warning issued.
16 March 2023. 6 months T-bill cut-off yield lower at 3.65% p.a.
Source: T-bills March strategy. Comments section. |
To read the blog in question and Garudadri's comment, go to:
DBS, OCBC and UOB: Higher or lower? My plan.
Red Alert! Latest content by AK Production House on the spreading banking crisis, exclusively on my YouTube channel:
Ticketing for "Evening with AK and friends 2023" is ongoing.
Posted by AK71 at 3:00 PM 4 comments
Labels:
DBS,
investment,
OCBC,
TA,
UOB
DBS, OCBC and UOB. Higher or lower? My plan.
Wednesday, March 15, 2023
No one can accuse AK of being lazy in the last few days.
I am feeling a little tired from looking at charts and following the news.
Been publishing blogs and producing videos too.
Thinking of taking a few days off from blogging but the OCD in me grabbed me.
For the sake of completeness, one more blog on DBS, OCBC and UOB.
Completeness?
Well, the TA I did yesterday which resulted in two blogs being published paid more attention to the bearish sentiment.
Today, we saw a nice bounce in the stock prices of all three local lenders.
Not to keep readers in suspense, a blog to explore the upside possibility will round things off nicely.
Then, for quite a while, I believe readers can use this blog and the last two blogs as references if they so wish.
So, let's start.
Like I said, the stock prices of all three local lenders had a nice bounce today.
Let us start with the strongest this time, OCBC.
Yesterday, I said OCBC exhibited the most resilience.
Today, the green spinning top delivered and OCBC's stock price broke resistance provided by the 200 days moving average.
That the stock price closed at $12.27 comfortably above the moving average which is at $12.14 is encouraging.
However, whether it will stay above this moving average in the next few sessions remains to be seen.
Volume is the fuel that drives a rally and because OCBC's stock price rose on relatively low volume today, there might not be a strong follow through.
Although a green candle formed today, it has a very long upper wick.
This suggests that Mr. Market lacks conviction as the stock's closing price was a mere 3 cents higher than its opening price while the high of the day was 19 cents higher than the opening price.
If there should be weakness, we would probably see the 200 days moving average, the resistance turned support tested.
If that should break, then, the support levels identified in my previous blog would be next.
Moving on to DBS.
Just like OCBC, DBS saw much lower volume today compared to yesterday even as its stock price moved higher.
As expected, the 200 days moving average, currently at $33.16, remains the resistance to watch even though it is a green candle day.
The MFI suggests that DBS is just about to move out of oversold territory while the MACD suggests that momentum remains very much negative.
This suggests that buying interest could weaken tomorrow and it would be interesting to see if DBS could recapture the 200 days moving average as support.
If there should be more downside, then, the possibility of a move back to $30 a share which I blogged about yesterday is back in play.
Now, for UOB which I said yesterday had the weakest chart of the three.
Has this changed?
I was pleasantly surprised when I saw the resistance provided by the 200 days moving average taken out but it only lasted for a short period of time.
UOB's stock price eventually retreated to close only 3 cents above its opening price.
The 200 days moving average is, therefore, still the immediate resistance.
Volume today was very much lower than yesterday too.
So, it really isn't surprising that the push to move the stock price much higher could not be sustained.
The green candle formed is similar to OCBC's as it has a very long upper wick which suggests a lack of conviction on Mr. Market's part.
The MFI suggests that UOB is no longer oversold and the MACD shows that momentum is still negative.
So, it is similar to DBS in this respect which suggests that buying interest could weaken tomorrow.
If prices should move lower, then, the longer term support I identified in yesterday's blog could be tested in due course.
What would I do in such an instance?
Before I continue, please keep in mind that this is what I will do given my circumstances.
We have different circumstances and, also, beliefs.
We should have our own plan even if we are presented with the same set of information.
It is clear to me that stock prices of DBS, OCBC and UOB are all trending down.
Some of us might remember the saying: "The trend is our friend."
Also, "Don't fight the trend."
As a retiree with limited resources, I would rather err on the side of caution.
There is also the fact that I already have a significant exposure to all three local lenders.
So, I am in no hurry to add to my investments.
Technical analysis is mostly backward looking but it can give a glimpse of what might happen from time to time.
This is why I always look for divergences between stock prices and the momentum oscillators as divergences are forward looking.
Looking for divergences was also how I was able to tell that OCBC's stock price would be more resilient than DBS and UOBs'.
Remember to have a plan and it should be your own plan.
Related posts:
1. Buying OCBC.
2. More downside or reversal?
For anyone who is interested, ticketing for "Evening with AK and friends 2023" is ongoing.
DBS, OCBC and UOB: More downside or reversal?
Tuesday, March 14, 2023
Long time regular readers of my blogs know that I have been accumulating stocks of DBS, OCBC and UOB.
The last time I did this on a relatively significant scale was in October 2022.
Over a few days, I increased my investments in OCBC by 11% and UOB by 19%.
Then, the local lenders' stock prices rose and I ceased accumulation.
I like to think that I was not suffering from an anchoring effect as I simply refused to pay higher prices to increase my stakes.
I just didn't think I would be getting as much value for money at much higher prices.
I was adding to my investment in OCBC at almost book value and paying a 5% or so premium to UOB's book value in October 2022.
With the stocks selling off, it now seems that I might have a chance to accumulate at those levels again.
This is a realistic expectation as trading volume has expanded significantly as bearish sentiment took hold.
Of course, seasoned traders know that stock prices could simply drift lower on low volume but when there is high volume on down days, it adds fuel to the fire.
In this blog, I will talk to myself about where I think the stock prices of DBS, OCBC and UOB might be heading.
As I do this, I remind myself that technical analysis is about probability and not certainty.
I will start with what I feel is the weakest of the three, UOB.
Of the three banks, UOB is the only one to end the day with a red candle.
UOB's stock price started the day at $28.05 but closed at $27.84.
The bears are strong here and the flat 200 days moving average at $28.47 will probably be the resistance level to watch for now.
The MFI has entered oversold territory which might bring out some bargain hunters but with momentum deep in negative territory, it is unlikely that UOB would break resistance provided by the 200 days moving average.
I see the next significant support at around $26.90.
This is a many times tested support level which was also the resistance level in the month of October last year.
I feel that DBS's stock shares a similar fate to UOB's but it ended the day with a green candle which is a sign that the selling pressure here is better absorbed compared to UOB's case.
DBS opened at $31.70 but closed higher at $32.33.
Similar to UOB, the 200 days moving average at $33.15, previously the support, will now be the resistance to watch.
Just like UOB, DBS is now in oversold territory which could result in some bargain hunting.
We could see the gap filled at $32.70 in such a case but with momentum deep in negative territory, it is unlikely that resistance provided by the 200 days moving average could be overcome.
We could possibly see a retracement to $30.00 or so a share which was the support level seen in the months of June and July last year.
This is if the bearish sentiment continues to dominate.
So, that leaves us with OCBC which has exhibited the most resilience.
Even though the trading volume was much higher than the day before, a green spinning top, a reversal signal formed.
Now, a single candle reversal signal isn't very strong and it could very well fail.
Just like DBS and UOB, OCBC is now trading at below its 200 days moving average.
Unlike UOB's which has flatlined, OCBC's 200 days moving average, currently at $12.14, is still rising although gently.
The positive divergence in OCBC's chart which I mentioned in recent blogs on our local banks' price action is still visible.
If I were to join the the lowest points in July and October last year, we can see that OCBC's uptrend is still intact.
The trendline could provide immediate support which seems to be at $11.80 to $11.90 this week.
If that breaks, then, the uptrend is broken and we could see a retracement to various supports at $11.70, $11.50 and then $11.30.
These price levels have acted as important supports and resistance many times before.
Depending on which side of the fence we are on, the bear can be a friend or a foe.
If we have been doing the right things, the bear is our friend.
UPDATE:
More than 50% of tickets for "Evening with AK and friends 2023" have been sold. As expected, the tickets are selling at a slower pace this time.
Evening with AK and friends 2023. Ticketing.
Related post:
Buy OCBC. DBS and UOB next?
Buying OCBC. DBS and UOB next? Too big to fail!
Just a few days ago, I talked to myself about DBS, OCBC and UOB.
Source: MAS |
Buy DBS, OCBC and UOB?
Posted by AK71 at 10:10 AM 2 comments
Labels:
DBS,
investment,
OCBC,
UOB
Evening with AK and friends 2023. Ticketing!
Monday, March 13, 2023
This is a follow up blog on "Evening with AK and friends 2023."
As promised last Friday, for those who are interested, here is the ticketing link:
Buy your ticket for "Evening with AK and friends 2023" here.
AK is back! |
Some of you might also be interested in the latest YouTube videos by AK Production House.
I was on steroids and produced many videos on the banking crisis in the U.S.A. and if DBS, OCBC and UOB could be affected.
I am now working on new videos regarding the SATS rights issue as well as the S.D.I.C. which insures up to $75,000 in banking deposit.
Remember to subscribe to my YouTube channel if you want to get free timely notifications.
DBS, OCBC and UOB crashed!
Interest income under pressure!!
Which bank is next to fail?
U.S. banking bailout!
To everyone who is coming to the event on 10 May 2023, please remember the reminders published in my previous blog on the event.
Evening with AK 2023. Confirmed.
Recently published:
Singapore to split apart? Who to blame?
Posted by AK71 at 12:30 PM 26 comments
Labels:
advertorial,
ASSI,
DBS,
OCBC,
UOB
Buy DBS, OCBC and UOB? March expenses and plan.
Friday, March 10, 2023
Long time regular readers of ASSI know why AK was able to do much better on the investment front in 2022.
It wasn't only because AK avoided the highly speculative maze of cryptocurrencies and the high growth, zero dividends high tech space.
AK reallocated resources to enlarge an already relatively large exposure to our local banking sector in his investment portfolio.
Investments in DBS, OCBC and UOB did most of the heavy lifting in my portfolio in 2022, raising my full year passive income above the $200,000 mark.
In 2023, for various reasons, income generated from my investments in REITs as a group will likely take a hit as most have reported lower income distributions.
IREIT Global, Sabana REIT, CapitaLand China Trust and Frasers Logistics Trust have reported lower income distributions while AIMS APAC REIT and Ascott Residence Trust have reported higher income distributions.
With higher dividends declared by DBS, OCBC and UOB, I am hopeful that they, in the worst case scenario, would be enough to offset the weaker performance of REITs in my portfolio.
Not hoping for an increase in passive income, year on year, I would be happy to see passive income in 2023 staying the same as the year before.
March is the first month of the year in which I receive more meaningful sums of passive income.
I have quite a few more bills to pay this month as I have offered to pay more recurring expenses for my parents.
The recurring expenses to be added to the list are motor insurance and road tax for the family car.
I must pay for my own car's motor insurance and road tax this month too.
Those are the big ticket items this month, which, thankfully, occur only once a year.
Still, I would have some money left to invest with and, as I shared in an earlier blog, I plan to apply for the Singapore Savings Bond offered this month.
I plan to set aside $10K for that.
Then, with whatever money is left from passive income received in March, I had planned to get some 6 months T-bills as short term yields remain elevated and, therefore, relatively attractive for the income investor.
However, when I took a look at the charts of DBS, OCBC and UOB today, they look pretty bad in a good way, if you know what I mean.
For DBS, it is currently testing an important long term support and if it should break, the eventual target could be $32.00 and, if that should happen, I might buy more.
If I wasn't already substantially invested in DBS, the current level seems like a good place to get a foot in, especially with a bumper dividend on the way.
For OCBC, I see a positive divergence as the MFI, a momentum oscillator, seems to be forming a higher low as the stock price forms a lower low.
This suggests to me that smart money is still accumulating even as the stock price stays above long term supports provided by the 200 days moving averages.
This could change, of course, and if the longer term supports should break, which seems unlikely in the near term, I would be interested to increase exposure at under $12 a share.
UOB, unlike OCBC, does not have a positive divergence and the stock price breaking a long term support is, therefore, not surprising.
Still, another long term support, the 200 days moving average is at $28.48 and, with momentum staying negative, we could see that tested.
If that should happen, if I didn't already have a significant exposure, I could get some although I would prefer to buy only when I see a positive divergence.
Fundamentally, all three local lenders are well capitalized and well run.
It now looks like Mr. Market could possibly offer me lower prices to increase my exposure to all three local lenders in the not too distant future.
So, instead of putting all the excess money from my passive income in March into T-bills, I might hold more cash instead, just in case.
For readers who have not visited my blog in a while, I published a blog yesterday regarding "Evening with AK and friends 2023."
You might want to take a look if you are interested in attending.
See:
Evening with AK and friends.
Have a good weekend!
Related posts:
1. T-bills and March strategy.
2. March dividends and SSB.
3. Give parents enough money?
4. UOB and OCBC final dividends.
5. DBS special dividend.
6. Largest investments updated.
Posted by AK71 at 3:00 PM 10 comments
Monthly Popular Blog Posts
-
Time flies and it is time for another quarterly update. Before I start on the update proper, I just want to say a few words about Wilmar Int...
-
Stock prices of DBS, OCBC and UOB have been rocketing higher! How do I feel? I have mixed feelings, really. I would like to add to my invest...
-
I shared a photo of one my favorite ships in World of Warships in a video yesterday. Bismark is a ship I enjoy a lot and I have had many ho...
-
I have been somewhat busy in real life lately. So, I have not been producing much content. However, I did manage to make a few videos recent...
-
I have been asked this question in various forms by various people over the years. "How much cash are you holding now?" However, l...
All time ASSI most popular!
-
A reader pointed me to a thread in HWZ Forum which discussed about my CPF savings being more than $800K. He wanted to clarify certain que...
-
The plan was to blog about this together with my quarterly passive income report (4Q 2018) but I decided to take some time off from Neverwin...
-
Reader says... AK sifu.. Wah next year MA up to 57200... Excited siah.. Can top up again to get tax relief. Can I ask u if the i...
-
It has been a pretty long break since my last blog. I have also been spending a lot less time engaging readers both in my blog and on Face...
-
I thought of not blogging about my 2Q 2020 passive income till a couple of weeks later because Mod 19 of Neverwinter, Avernus, just went liv...