En Bloc Potential Or Not

This old condo I live in now has got tons of old folks. I hear that a lot of them have even lived here since day one, back in the seventies when this place was still a HUDC.

The oldies are very nice and friendly. Many a times if you're stuck in the lift with one of them, they'd be the first to initiate some form of polite conversation. It's very informal.

Yet this begs the question.

When you're already so old, chances are you won't want to move out of this place no matter how much money some cash-rich developer could pay you right? Home is where the heart is and these people have lived here all their lives, their comforts are all here. What would abit more money do for them? Money cannot buy the familiarity of this place they've lived so long, nor can it buy the old neighbours and friends they've grown to know and grow up with? Heck many of them have even seen their friends kids grow up and move out.

So what en bloc potential are we talking about afterall? 

The vote will never come to pass in this old town. Probably over their dead bodies.

Accordia Golf Trust (AGT)

So following my previous post, I have taken the big leap.

Accordia Golf Trust (AGT) is my first big dive into the dividend machines.

Why Accordia?

Well I have been looking around for a high dividend yielding trust and for what it's worth, I have managed to read up enough from alot of financial bloggers who have covered this stock favourably based on current entry price.

Here are a few inspirations that I got for the AGT trade idea (all of whom are very respectable financial blogs that I regularly read):

1) Singapore Stock Market News
2) S-Reit Investment Blog
3) A Path To Forever Financial Freedom
4) A Singaporean Stocks Investor (ASSI)

They always say in stock investing, if you suck at doing your own research on a company, then research on other people doing research on that company.

Hope this pays off!

HUAT AH!

Dividend Machines?

Is it time to get back into the dividend machines again?

I am currently looking at getting into:

1) Lippo Malls Indonesia Retail Trust
2) Accordia Golf Trust

Both of which are yielding >8% in dividends a year right now, as well as:

3) Singapore Press Holdings
4) Either M1 or Starhub

Both of which are yielding >5% in dividends a year right now.

Now sure if this will be a good move.

Marine Parade Old Condos

Along Marine Parade Road is a bunch on prime condos that were built on reclaimed land on the 70s and 80s.

They are: Neptune Court, Mandarin Gardens, Lagoon View, Laguna Park, Bayshore Park

All these properties have on thing in common. They are sitting on one of the hottest pieces of land in Singapore with very good en bloc potential.

That's why even though they are leasehold with maybe less than 60 years left in their leases, their values have actually maintained very well.

Plus they are all a 5min walk to the East Coast beach.

Personal Income Tax

Haven't had much time to blog much lately.

It's the income tax season unfortunately. So after paying my dues towards nation building, I have not much spare cash lying around to invest.

This might be a good thing given the current Greek crisis and A50 collapse.

Some liquid spares on the side should be useful when more opportunities come. And I think some good ones will come sooner rather than later.