It is really been a while since I last wrote something on my blog but it takes really quite a bit of effort in building something like that. Then also, I have been rather ambitious to seek value buys, budgeting, thinking of value before putting my money into something.
Then it really then occur to me to note down something that I can look back many years later. That in searching for the most value investment out there, there is this very strong perception of "value". What is considered value to one doesn't mean it is to another but in all, Singaporeans love free stuff and considers that value. I've personally seen people who display that they are entitled to free stuffs without asking.
Typically we live in a no-free lunch world today, what is your gain is another person's loss. The loss may not be quantifiable in terms of monetary but rather in time, effort and energy. So while we are lucky enough to be able to not worry about things our forefathers did. Let's just stay grateful and be graceful whenever we have the luxury to obtain certain privileges beyond the common man.
I was just typically looking at some of the singapore stocks to add value to missus and my retirement portfolio and they looked typically like any other commoners out there - Singtel, Singapore O&G, Comfort Delgro (Not now actually) and Raffles Medical. Then it really struck me that all of us are really different, which is why the market shows efficiency while it is inefficient. That in my opinion means opportunity. I'm no Warren Buffet, neither can I eat a buffet at my current age anymore (all rights that was rather cold)
I've been looking for value for some time now and it is really difficult to find these investments out there that you want to keep for a really really long time. Fintech and coins were somthing I was looking at for the longest time but with the recent hiatus, I'm staying put for a short while but I do think that coins are the typical high risk, high returns kind of profile which I am willing to expose some risk to take on such investments.
After all, our little one is almost out in 2018 and its our first and precious little baby. Done the sum and the budgeting, oh boy....some money is going down the drain and it's probably deficit for a short term.
Speaking of which, I really like to find a good deal which is why I'm probably going to diverse the blog into a promotion/deal finder together with investments information. The deals are probably going to be more finance related, offering more channels to do reading and researching which I personally love to do to find a good "value" buy.
Speaking of which, I was rather satisfied I got into some of Singapore O&G at the recent low of 0.45 (with a yield of about 3-4% p.a.) I'm happy with this new addition to what I call Missus and the PS Asset Management which is relevant for our retirement planning. Life is never that simple, we've been through a great deal and are hopeful that things will pick up before end of this year and I will continue to run PS management without any outflows.
As I also mentioned earlier, it is almost another ambition of mine to manage what i call the children fund (i.e. education fund and well I'm quite a sucker for these kind of stuff and so I came up with a name LN Foundation based on our incoming first born initials) but I had to hold that off for the moment.
I read online about Rosthchild Family (their shrewd management of their family funds) and their history as well as the famous bankrupted Vanderbilt (3 generations of wealth and it is gone) That kind of sparked me to want to be able to do this specialty fund for the next generations so that the basic necessities of life such as education and shelter is provided for and the opportunities that lies ahead of them will be their own to grasp.
Stay tuned for more. I just had a bit of a research done on Private Integrated Shield Plans and I probably will touch a bit on that.
