25 November 2016

AGM Takeaway From Q&A

Some of the question and answer while I attended AGM:

One of the listed REITs (I attended as proxy)

A shareholder asked: How is the management getting paid? Is their
remuneration align with shareholders' interest?

Ans: Management pay structure is performance based if rental of the unit
increases, their pay will go up.

Another listed REITs which I attended as a unitholder

1. Asked: Can we request for 3 properties valuers instead of 2?

    Ans: We follow regulation. In future depends on situation etc

2. Shareholder's concern: Please take note of fire hazard of the building,
a lesson needs to be learned from CK building Tampines due to the
fire happened lately.

     Ans: Enough measures was in placed etc

3. Perpetual securities (bonds) are used to finance the acquisition, what will
happen to the gearing? How much perpetual bonds are issued?

Ans: Right now we don't have the figure, will show in future.

4. Master lease have to do something if anything happened to offshore?

Ans: Will access each tenant that coming into the market. Challenge is the
occupancy rate for overall properties spectrum

5. Does it mean that another EGM will be held again since still dunno which
scenario to choose from?

Ans: private clients are drawn to perpetual securities. The decision will be
based on all these scenarios.

23 November 2016

Assets Classes

You may have heard the term “asset class” in the media and wondered exactly
what was meant?

Financial professionals generally agree there are four broad classes of assets.

The classes are:

1) Stocks or equities

2) Fixed Income or bonds

3) Money market or cash equivalents

4) Real estate or other tangible assets

17 November 2016

Should You Trade Forex?

Should I trade forex?

Should you trade forex?

A good friend of mine approached and asked me if he should trade forex?

My straight answer is NO!

Not only my answer is not to trade forex, I highly recommend to avoid it at all costs. I used to trade forex personally a few years ago using a few platforms. Forex is traded in pairs and usually, if you opt for those "free commission" platform, the bid and offer spread are usually very high. Something which is against the traders themselves.

I used to leave an open position to test the platform itself, usually all the money will be gone in a few hours time. So unless you have both the time and money to lose, I would advise in my own personal opinion to avoid it at all cost.

However, ultimately it still all up to an individual. Well, ask yourself frankly, what would I gain or lose if you profit or lose? Nothing!

But still, as I treat everyone with sincerity and compassionate love please do not trade forex! And for those who insist to, well, all the best!

10 November 2016

Warren Buffett

To keep things simple, today I'm going to share with you what are the top 10 books that Warren Buffett recommend.

In fact, personally, I have read almost all of them which I feel that in order to know what's in the mind of one of the top 10 richest man in the world, we should read what he reads too.

10 Books that are recommended by Warren Buffett are:

  1. The Intelligent Investor by Benjamin Graham
  2. Business Adventures: Twelve Classic Tales from the World of Wall Street, by John Brooks
  3. The Outsiders, by William Thorndike, Jr.
  4. Common Stocks and Uncommon Profits, by Philip A. Fisher
  5. Where Are the Customers’ Yachts? by Fred Schwed, Jr.
  6. Essays in Persuasion by John Maynard Keynes
  7. Dream Big by Cristiane Correa
  8. Little Book of Common Sense Investing, by Jack Bogle
  9. The Most Important Things Illuminated by Howard Marks
  10. Stress Test: Reflections on Financial Crises by Timothy F. Geithner 

08 November 2016

The Capital Market

Everyone heard about Alibaba and know that the founder,
Jack Ma didn't make much money before his company
goes listed.

Why is that so? It is because most of the money you can
ever make is not working or owning the business, it is
capturing the capital market!

Another good example will be the listed company, Facebook.