Sg bonds listed in SGX

This is the last of the 3 part series detailing all the fixed income listed in SGX. For those who just came in to read about this article, a little background of why I'm doing this. I'm trying to plan out my parent's retirement fund. They gave me 50k not too long ago and I guaranteed a 2% pa, capital guaranteed LP bond to them, so I'm fulfilling my part of the bargain by doing the necessary background research in order to make their money work harder...

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Preference shares listed in sgx

Preference shares are quite similar to bonds. Unlike bonds, preference shares might not be able to pay out dividends in certain years, but that usually means that the ordinary shares holders won't get their dividends too. If bond issuers are unable to pay out coupons, they will be in default and that's very serious because it means that a lot of debtors will also be howling for their blood. Click for a bigger pic. Check the data yourself, I...

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Retail bonds listed in SGX

I'm sharing this summary of the retail bonds that are listed in sgx for those who are in the same boat as me - trying to piece up a portfolio of fixed income instruments for your own or your parent's portfolio. Those who do not know about bonds, I can share a bit here. Click to enlarge. I might be wrong, so do your due diligence Crash course on bonds: 1. There's a par value for every bond. In the case of all the retail bonds listed in...

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Issues to think about for portfolio allocation

With other people's money comes great responsibility. Well, over the last couple of days, I was doing intensive research on the various preference shares, corporate bonds and sg bonds. I decided that I'll just put those funds in fixed income instead of equities so that things are a lot more predictable. I'll have predictability in cash flow and more stability in portfolio value. I'm always thinking that I'm the one who's guaranteeing the money,...

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LP bonds are oversubscribed!

La Papillion is now officially a fund manager. I don't know whether this is a good development or not...I'd like to see it as a positive one. Before you start thinking I've joined some fancy company as a employee, nah, I'm not. I've simply the fund manager of my parent's retirement money. This follows my post a week earlier regarding an assignment that my mum tasked me to do. Following some readers comments that I should issue my own LP bond...

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Where to invest your mum's 50k

Interesting assignment that my mum gave me this morning. She wanted to put in 50k for her savings to get more returns instead of the usual savings. I think she got this lump sum after her previous fixed deposits expired. She wanted me to look into some instruments where she can get better returns but she don't want to put it into the stock market for fear of eroding her capital. I also won't recommend that she put it into the stock market when...

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Far from the madding crowd

When we’re in a social context, we tend to look at each other’s good points, totally ignore the bad, and lament how far behind our peers we had fallen to. Some occasions, you might be far better than others but there are always others better than you. That's how the game is to be played and that’s also the reason why I don’t like social occasions – those meet-your-primary-school-mates or meet-your-secondary-school-mates gathering. I think...

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Thoughts about STI part 3

After looking at Drizzt's blog regarding the yearly percentage returns from Dow Jones here, I wanted to have a look to see how our very own STI would look like if the same information is sliced up and presented. Source: The raw data of ^STI is taken directly from Yahoo! Finance site here. The adjusted closing price is used and according to the same site, it refers to the closing price for each day adjusted for splits and dividends. Calculation...

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Finding the lemonade out of the lemons

Maintaining a household is not cheap. After about 2.5 yrs of wear and tear through usage and plain old 'depreciation', things start to break up a little for my home. Initially when well informed friends told me that I need to set up a fund to pay for such eventualities, I brushed them off saying that there's no need for such things and I can live with the wear and tear. I bravely and foolishly thought that it's just cosmetics (I can live with...

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3 Things to be grateful for

Since this month is December, a great holiday for students and a more laid back month for those working, I thought I should do a post to reflect upon the things that I'm grateful for in my life. I think in life, we focus a lot on the things that we do not have and not so much on the things that we had. It's a good time to put things in their right perspective. I don't know who said this, but I'm pretty sure it goes something like this: If you can't...

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