Generated by All in One SEO v4.9.10, this is an llms.txt file, used by LLMs to index the site.

# Rolf Suey

Invest in Yourself

## Sitemaps

- [XML Sitemap](https://rolfsuey.com/sitemap.xml): Contains all public & indexable URLs for this website.

## Posts

- [Otto Marine - Is Price Cheap Enough Now?](https://rolfsuey.com/2014/10/otto-marine-is-price-cheap-enough-now_16/) - Otto Marine Brief Otto Marine Limited (SGX: G4F) “Otto” is an offshore marine company that engaged in shipbuilding, ship repair, conversion and fabrication, ship chartering, and specialized services. The company owns/operates a fleet of 60 offshore vessels as well as one of the largest shipyards in Batam, Indonesia. What happened recently? Otto Marine trades at
- [Rolf 2023 in Review, Looking forward to 2024!](https://rolfsuey.com/2024/01/rolf-2023-in-review-looking-forward-to-2024/) - Happy new year to all. This post came late. But better late than never, :-). Looking back, 2023 has been one of the most eventful years. I had a major operation, shifted house, changed job, changed car, kids graduated, and with utter sadness, my best friend passed away end 2023. Refer here for what does H2F3
- [God Bless…, I had a Successful Operation!](https://rolfsuey.com/2023/04/god-bless-i-had-a-successful-operation/) - God Bless…, I had a Successful Operation! Time flies. It’s more than a month since my operation. It was really God’s blessing that I had a successful medical operation. What was planned for a 4.5 hour operation ended with less than 1.5 hour. For me 2023 has been a nervy start, as I prepared for
- [Rolf 2022 in Review, Looking forward to 2023!](https://rolfsuey.com/2023/01/rolf-2022-in-review-looking-forward-to-2023/) - 2022 is a year of Covid transition where life finally sort of return back to normal. No more mandatory mask wearing, social distancing, quarantine and borders reopened. Refer here for what does H2F3 (Health, Hobbies, Family, Finance and Friends) means. Refer here for 2021 review. HEALTH All my family members ended 2022 healthy. While everyone in
- [Rolf’s First Overseas Trip in Two Years – My Experiences and Thoughts!](https://rolfsuey.com/2022/04/rolfs-first-overseas-trip-in-two-years-my-experiences-and-thoughts/) - It’s been exactly two years ago since I last breathed air outside Singapore. This end of March Europe business trip is my first, since my last travel back home on 13 March 2020. Still remember that it was days when W.HO. announced Covid as a pandemic, and also the same day when Singapore announced to
- [Rolf’s Suey Portfolio Thus Far in 2022 and My Advices!](https://rolfsuey.com/2022/03/rolfs-suey-portfolio-thus-far-in-2022-and-my-advices/) - Thus far 2022 has not been as a wonderful year as I have hoped for. Not only did stock market crashed rapidly in just two months, the Russia - Ukraine war is taking away innocent civilian lives. Aside from dollars and sense, life is still decently good for me as my family are all kept
- [Keeping the Faith and be Wise in Tech Stocks & Crypto Sell-off?](https://rolfsuey.com/2022/01/keeping-the-faith-and-be-wise-in-tech-stocks-crypto-sell-off/) - Happy New Year 2022. I know it is kind of late, but still it is the first week of 2022. I am looking forward to this year that covid will no longer be potent, travelling can resume, with improve social gatherings and a more meaningful life for relationships and my work. TECH & CRYPTO SELL
- [Rolf's 2021 Review (H2F3), Looking Forward to 2022!](https://rolfsuey.com/2021/12/rolfs-2021-review-h2f3-looking-forward-to-2022/) - For me, 2021 has been a hopeful year after the unprecedented 2020 Covid outbreak. While life has not really go back to normal due to the restrictions in travel, social gatherings, exhibitions etc, guess we just need to adapt and continue to stay hopeful that next year will be a better than this. As the
- [Stock Rout – How My Portfolio Performs & How to Manage the Stress?](https://rolfsuey.com/2021/12/stock-rout-how-my-portfolio-performs-how-to-manage-the-stress/) - Blood is shed everywhere in the stock market this week. Omicron is ominous! I was never great in timing, but this time I was lucky for once in my stock investment journey. Thank God for that! I sold off a big part of my portfolio earlier this week immediately after Omicron news, and also sell
- [Planner Bee App – A Better Way to Track Your Financials](https://rolfsuey.com/2021/11/planner-bee-app-a-better-way-to-track-your-financials/) - Last week, I wrote an article on how I have been tracking my financials for the last 8 years. Read: https://rolfsuey.com/2021/11/my-financial-and-net-worth-tracking-from-2013-to-2021 The “old school me” has been using all excel sheets. While it is a feasible, there is also a lot of hassle ensuring all the excel formulas are correctly linked and edited during
- [US Stocks I own that will Shape the Future (Part 1) – Upstart, Tesla, Sea etc](https://rolfsuey.com/2021/11/us-stocks-i-own-that-will-shape-the-future-part-1-upstart-tesla-sea-etc/) - Lately, I accumulated more US shares I believe will shape the future with inherent higher growth. I took profits from some of my Chinese shares like JD.com and NetEase etc. I also dumped Amazon completely and also let go some Apple shares, after the share price crossed over 3550 and 150 respectively, with all reasons
- [My Financial and Net worth Tracking from 2013 to 2021](https://rolfsuey.com/2021/11/my-financial-and-net-worth-tracking-from-2013-to-2021/) - Since 2013, I have started tracking my financials. It has been 8 years now and I must congratulate myself for being quite discipline doing so regularly. My “Finance Management Excel file” includes monthly data of income, expenses, stocks bought/sold, realised profits/losses, assets owned, insurances, my total portfolio, and ultimately my net worth yoy. In the
- [Elon Musk - The real Tony Stark (Iron Man)!](https://rolfsuey.com/2014/04/elon-musk-real-tony-stark/) - Couldn’t get to sleep last night, and come across a video interviewing a guy called Elon Musk. This guy is the Tony Stark (Iron Man) of real life, engineering incredible inventions combining with great business sense. He is made famous from Paypal and Tesla Motors. For those who have not yet heard about
- [Chargepoint (CHPT.NYSE), charging higher in the EV world!](https://rolfsuey.com/2021/11/chargepoint-chpt-nyse-charging-higher-in-the-ev-world/) - Tesla is undoubtedly going to be THE biggest stock in the next decade or so. To me, it is like Apple in the mid 2000s. In this article however, I am going to introduce another stock that can probably be as big as Tesla in terms of growth potential. It is Chargepoint CHPT founded in
- [Singapore Young Athletes Up the Mark at World Stage in Badminton and Table Tennis. Congrats!](https://rolfsuey.com/2021/11/singapore-young-athletes-up-the-mark-at-world-stage-in-badminton-and-table-tennis-congrats/) - From young, I was an avid Badminton and Table Tennis player. As parent now, I spent a lot of time and money to train my children in Table Tennis. For them to be an Olympian was not in my thoughts. It is for them if they really have the tenacity! I believe Sports is good
- [Property Vs Stock Investments! – Part 2 by Rolf Suey](https://rolfsuey.com/2021/11/property-vs-stock-investments-part-2-by-rolf-suey/) - Last month DBS wrote an article in SPH “Property may no longer be pot of gold for retirement, says DBS” I think this is the perfect article for investment companies and banks, and perhaps our government in an aim to cool down the over-hyped property market. Remember that it is DBS writing, SPH publishing. Hahaa….
- [Rolf’s H2F3 End Oct 2021 Updates](https://rolfsuey.com/2021/10/rolfs-h2f3-end-oct-2021-updates/) - Hello Everyone in the Financial Blogosphere. Happy Halloween & Deepavali week. Have been very busy lately with work, some personal projects, family and friends. Hence it’s been awhile since my last update. One of my loyal reader friends asked me lately how come he never see my article lately. I am very touched by his
- [SEA Limited’s price at All Time High… Why? And if is it still Feasible to Invest?](https://rolfsuey.com/2021/10/sea-limiteds-price-at-all-time-high-why-and-if-is-it-still-feasible-to-invest/) - Sea Limited’s share price has seen an unstoppable surge to all time high of over $370 a piece this week. The largest Singapore-based company backed by Tencent went public in Oct 2017 at $15 a share. Since the start of the year, SEA has risen more than 80% from $196 a share to $355 a
- [Finding the source of the Matrix - The true purpose of life (Part 2)](https://rolfsuey.com/2015/12/finding-source-of-matrix-true-purpose/) - This post continues from previous post. Earlier, I concluded that for me, the longer term purpose in life is certainly more important than achieving the "matrix-rigged" short term targets. Yet, having the longer term purpose in life is not sufficient also. For me, it is imperative to EVENTUALLY find the TRUE purpose of life. This
- [Are we living in a Matrix? (Part 1)](https://rolfsuey.com/2015/12/are-we-living-in-matrix-part-1/) - The Matrix "The war between mankind and the machines erupted in the 21st century, when sentient machines rebelled against humans and emerged as victor. Knowing that the machines source of energy is solar power, human beings covered the sky with thick and stormy clouds. The machines responded by inventing a method to extract humans' bioelectricity
- [Sign Up via moomoo app Now to Enjoy SGD88 Cash Coupon and Apple Shares (limited redemption)!](https://rolfsuey.com/2021/09/sign-up-via-moomoo-app-now-to-enjoy-sgd88-cash-coupon-and-apple-shares-limited-redemption/) - Most people should have heard or seen the ad “DOWNLOAD MOOMOO”. WHAT IS MOOMOO? moomoo is a trading platform that is a subsidiary of NASDAQ-listed Futu Holdings Limited (Nasdaq: FUTU) (富途), backed by Tencent, Sequoia Capital and Matrix Partners. Futu’s founder Leaf Li is a founding employee of Tencent. Futu Holding Limited and its subsidiaries
- [Rolf’s Updates of Recent Stocks Buy and Sell](https://rolfsuey.com/2021/09/rolfs-updates-of-recent-stocks-buy-and-sell/) - “BUY” Bank of China 3988.HK – Price 2.77 4 of the top 5 biggest banks in the world by total assets are from China. They are Industrial and Commercial Bank of China (ICBC), China Construction Bank (CCB), Agricultural Bank of China (ABC) and Bank of China (BOC). Only JP Morgan is within top 5 in
- [Oil and Gas / Offshore & Marine Stocks in Singapore](https://rolfsuey.com/2014/03/oil-and-gas-stocks-in-singapore/) - Enough of the boring topics in the previous posts. Today I am going to start my first post on Investment related topics. Most people when they hear about investment, they will say, Yes! Making Money! Is that everything about Investments? I will probably elaborate that in my future posts. But for now, before we start
- [My Portfolio – Recent Actions](https://rolfsuey.com/2016/02/my-portfolio-recent-actions-2/) - Since the start of the year, STI has plunged below 2600, nothing seen since the financial crisis of 2009. Worry (hold or sell) or buy? I view the current selldown as a buying opportunity, considering that I have been relatively dormant in the last 4-5 months waiting for this moment to come. Since the beginning of the
- [US Vs China Oil & Gas Counters’ Share Prices and Dividends – Who Stands Out?](https://rolfsuey.com/2021/09/us-vs-china-oil-gas-counters-share-prices-and-dividends-who-stands-out/) - Covid crisis has driven oil price into negative territory for the first time in history last April, where oil futures’ sellers have to pay buyers to own the oil due to the lack of storage. Since then, WTI oil price has recovered to USD60-70 per barrel. In fact, Crude Oil price has hit a
- [Negative Oil Price – what it means? And how come Exxon or Shell share price did not fall as much? How about Keppel and Sembcorp?](https://rolfsuey.com/2020/04/negative-oil-price-what-it-means-and/) - Oil price in USA, for the first time in history, plunged into negative US$37 yesterday. FUTURE CONTRACTS You must be wondering, how can oil price goes to negative? Since I was previously primarily in the Oil and Gas industry, I remember 2008 when Oil hit $147 per barrel, and now imagine it is worth nothing.
- [Low oil price, which Oil and Gas counters to invest?](https://rolfsuey.com/2020/04/low-oil-price-which-oil-and-gas/) - Prior to WTI or Brent oil price plunged below US$20, I asked my broker how can I invest directly in oil. My broker introduced United States Oil Fund (USO) listed in NYSE. You need to declare W8-BEN to invest in US stocks. Please check more with your broker. My friend also asked me, so I did
- [Gold and(or) Bitcoin to Hedge Against Inflation?](https://rolfsuey.com/2021/08/gold-andor-bitcoin-to-hedge-against-inflation/) - Last Friday, Fed Chairman Jerome Powell made somehow a very “ambiguous” speech giving no details on the timing and pace of a possible taper program. This is despite the inflationary pressure that the general market is facing. He said, “we have much ground to cover to reach maximum employment, and time will tell whether we
- [My Rewards from Learning Investment](https://rolfsuey.com/2017/02/my-rewards-from-learning-investment/) - Last June, I wrote about “my greatest reward of learning investment” in one of my article titled “The Fallacy of "How to be Rich" from Investing in Shares (Part 2)”. I mentioned back then, that my stock investment did not increase my material wealth significantly since I started in 2010. Even if it did, it
- [Bitcoin, Then & Now – Loving the unloved?](https://rolfsuey.com/2019/03/bitcoin-then-now-loving-unloved/) - THEN Towards the end of 2017 early 2018, the most talked about investment topic was the buying of crypto-currency. The news of Bitcoin is everywhere. Even aunties and uncles talked about it. My wife who knew nothing about investment told me about Bitcoin (BTC) and how her colleagues and friends mentioned to her.
- [Pinduoduo Reported Profit for the First Time since Listing](https://rolfsuey.com/2021/08/pinduoduo-reported-profit-for-the-first-time-since-listing/) - Pinduoduo Inc (PDD), China’s largest online retailer by consumers reported sales reported a surprise second-quarter profit with revenue nearly doubled! This the firm’s first ever quarterly net profit as a listed company. The company swung to net income of RMB2.41 billion ($373.97 million) this quarter, compared to a loss of RMB899.35 million YoY. Non-GAAP net
- [Should You Buy into Sea Limited Now?](https://rolfsuey.com/2021/08/should-you-buy-into-sea-limited-now/) - Before I start, please also refer to my disclaimer. SEA LIMITED – LARGEST COMPANY BASED IN SINGAPORE Sea Limited is the largest company by market cap based in Singapore worth over USD170 billion backed by its largest shareholder Tencent. It is listed in NYSE as SE. For perspective, DBS is the largest company listed in
- [Rolf's Tech Stock Series - Sea Limited](https://rolfsuey.com/2021/05/rolfs-tech-stock-series-sea-limited/) - Singapore tightened its Covid-19 social gathering rules again, and this indefinitely implies more time at home for the next one month at least. Thus, I decided to start my “Tech Stock Series” where I will analyze some of the Tech Stocks of interest. Earlier, I had also written some articles on Amazon, Alibaba and Pinduoduo.
- [My TD Ameritrade (thinkorswim) Account is Finally Up!](https://rolfsuey.com/2021/08/my-td-ameritrade-thinkorswim-account-is-finally-up/) - After many months, my TD Ameritrade account is finally up for me to trade options in the US Market. The trading platform is called thinkorswim, that originally is from ThinkorSwim Group, Inc acquired by TD Ameritrade in 2009. I am now learning and using thinkorswim platform's paper money account to trade options. For info: the
- [Property Vs Stock Investments! Which is Better in Singapore?](https://rolfsuey.com/2021/08/property-vs-stock-investments-which-is-better-in-singapore/) - Being fervent for properties and stocks, I invested in both for the last decade and more. In my opinion, both asset classes are necessary investments. Which one is better investment? WHY I THINK PUTTING MORE MONEY IN PROPERTY IS BETTER Without a shadow of doubt, property lar….! This is because of the power of leverage
- [Starhill Global REIT's DPU increase 196% (YoY) in 2H FY 20/21. Buy, Hold or Sell?](https://rolfsuey.com/2021/08/starhill-global-reits-dpu-increase-196-yoy-in-2h-fy-20-21-buy-hold-or-sell/) - Starhill Global REIT (SGREIT), a S-REIT with portfolio in real estate mainly for retail and office, announced its 2H FY20/21 result last week. SGREIT has 10 properties worth close to S$3 Billions. 2 in Singapore (Ngee Ann City & Wisma); 3 in Australia (Myer Ctr & David Jones in Adelaide and Plaza Arcade Perth); 2
- [Is Singapore Economy In Danger for Long Term Decline (Part 1)? - The Flaws of "Seduction Model"](https://rolfsuey.com/2020/09/is-singapore-economy-in-danger-for-long/) - More than fifty years ago, Singapore has no money, no talents, no technical expertise, but only low-cost labour who are willing to work extremely hard and humble ourselves to learn fast from foreigners who unselfishly imparted their knowledge to us. Back then, Singapore is a blank piece of paper. LKY and his team did an
- [CapitaLand China Trust sees Stellar Performance in 1H 2021 with NPI Increase of 84.4 Per Cent YoY](https://rolfsuey.com/2021/08/capitaland-china-trust-sees-stellar-performance-in-1h-2021-with-npi-increase-of-84-4-per-cent-yoy/) - CapitaLand China Trust (CLCT)’s Singapore's largest China-focused REIT announced its 1H2021 result this week. CLCT's portfolio constitutes 11 shopping malls and five business park properties with diversified portfolio of total GFA approx. 1.7 million sqm located across 10 Chinese cities. It was a set of strong figures. 1H2021 distributable income (DI) and Net Property Income
- [Can “Raffles Medical” Reclaims Past Glory by Betting on China?](https://rolfsuey.com/2020/10/can-raffles-medical-reclaims-past-glory/) - Raffles Medical Group (RMG) use to be the darling stock in SGX with an exceptional strong balance sheet, growing earnings yoy, plus attractive dividends. Source: www.rafflesmedicalgroup.com (Note: all price in SGD unless otherwise mentioned) From end 2008, the share price has rose from a low of 0.6, to a peak of ~5.0 in the
- [How to INVEST NOW and CREATE a Portfolio?](https://rolfsuey.com/2020/10/how-to-invest-now-and-create-portfolio/) - Earlier, I had mentioned that NOW is the right time to invest. Is "NOW" The Right Time To Invest? In this post, I will reveal “HOW” to invest now? DETERMINE HOW MUCH TO INVEST To reiterate on what was already mentioned in previous post, you should first set aside your emergency funds and invest the
- [Do We Groom Winners, Or Do We Only Cheer Winners?](https://rolfsuey.com/2020/10/do-we-groom-winners-or-do-we-only-cheer/) - Following my earlier post on "Which Listed Oil Companies Should You Buy?", I received a very nice and kind email from a reader sharing the same sentiments. The reader highlighted about Clean Energy disrupting the Oil and Gas industries, just like Grab over ComfortDelgro, Netflix over Starhub and Singtel, Internet news over SPH, E-commerce over SG
- [What you should do if not investing in stocks? 2015 Versus 2020](https://rolfsuey.com/2020/10/what-you-should-do-if-not-investing-in/) - Exactly 5 years ago on 24 Oct 2015, I written the below post. What you should do if not investing in stocks? Let's see what has changed 5 years later. 2015 – a year to be forgotten The horrendous sell-off in equity was a result of China’s devaluation of the yuan due to
- [Rolf’s Updates of Recent Stocks Buy and Sell (Oct 2020) – Reasons](https://rolfsuey.com/2020/10/rolfs-updates-of-recent-stocks-buy-and/) - Took leave today and have some time to wrote this update for September and October. Read earlier updates : Rolf’s Updates of Recent Stocks Buy and Sell - Reasons “BUY” HKSE Sinopec 386 – 3.06 Added more of Sinopec. Read: Which Listed Oil Companies Should You Buy? NetEase 9999 – 134.5 Already owned NetEase earlier
- [Vaccine News Creates Opportunity to Buy These Stocks?](https://rolfsuey.com/2020/11/vaccine-news-creates-opportunity-to-buy/) - On Monday, the world received good news that Pfizer and its partner, the German company, BioNTech, announced preliminary results that suggested their vaccine was more than 90 percent effective. Together with Joe Biden’s election victory, Global Stock Market surge to record high. Travel, Airline, Manufacturing, Cruise, Pharm and Energy stocks rallied more than double digit
- [TikTok HQ in SG (Real Comments From China Chinese) – Singapore Got Talent Meh?](https://rolfsuey.com/2020/11/tiktok-hq-in-sg-real-comments-from/) - September 2020, TikTok owner ByteDance have announced plans to make Singapore headquarters in Asia. The China-based company reportedly worth USD100 Billions already has over 400 employees in Singapore. Their plan is to further invest billions of dollars and to add on hundreds of employees in Singapore over the next three years. TikTok had also moved
- [Rolf’s Portfolio Updates – Dec 2020](https://rolfsuey.com/2020/12/rolfs-portfolio-updates-dec-2020/) - PORTFOLIO Have been accumulating shares each month throughout the unforgettable unprecedented year of Covid. Now, I am 70% shares and 12% cash, with 18% precious metals. Do not think I will increase my stock portfolio drastically now, other than my monthly excess buy from 2021 onwards. May possibly pare down metals (silver in particular) to
- [Rolf 2020 (H2F3) in Review](https://rolfsuey.com/2020/12/rolf-2020-h2f3-in-review/) - Year 2020 will definitely be remembered as one of the weirdest years in history with Covid altering the way we live. The first locked down took place in China Wuhan, followed by several other countries including our very own Circuit Breaker locked down in Singapore for close to two months from April to June .
- [Rolf’s Portfolio Updates – Jan 2021](https://rolfsuey.com/2021/01/rolfs-portfolio-updates-jan-2021/) - PORTFOLIO – MORE ALLOCATION INTO SHARES Since my last update (click here), I increased my shares allocation from 70 to 75% of my total investment portfolio and pared down precious metal holdings from 18% to 13%, mainly selling silver to realise some profits. I am a believer of economic recovery from next year and beyond
- [Will Pinduoduo Inc (PDD) Keep on Growing?](https://rolfsuey.com/2021/02/will-pinduoduo-inc-pdd-keep-on-growing/) - PINDUODUO (PDD. NASDAQ) – Together, More Savings, More Fun! Source: https://investor.pinduoduo.com Pinduoduo returns more than 500 per cent in the last one year. Despite only started in 2015, Pinduoduo is now the second-largest e-commerce platform in China, only behind Alibaba. Pinduoduo has been enjoying strong growth, with 3Q20 revenue jumping by 89% yoy to RMB
- [STEPS ON - How To Sell Your Property And How to Plan For The Purchase Of Your Next Property!](https://rolfsuey.com/2021/03/steps-on-how-to-sell-your-property-and/) - Those who follow my blog will know that we managed to sell two properties early of the year. READ: How We Sold Two Properties In One Month and Very Close to My Asking Price! End last year, the conviction came that we should sell our properties, and purchase a new property. We went for it!
- [Rolf's Portfolio Update - End March 2021](https://rolfsuey.com/2021/04/rolfs-portfolio-update-end-march-2021/) - OVERALL PORTFOLIO Due to the stock rout in February and March and falling gold and silver prices, my overall portfolio value fell 6%. However my cash position increase slightly from other sources and with higher USD to SGD exchange rate, overall net fall in portfolio is limited to 3%. As for portfolio mix, there are
- [20,000 Less People In Singapore Each Day During Covid Year?](https://rolfsuey.com/2021/04/20000-less-people-in-singapore-each-day/) - FOREIGN VISITORS From Singapore Tourism Board (STB) as below… "Singapore attracted approximately 19.1 million visitors in 2019 with receipts at S$27.1 billion, according to preliminary figures by the Singapore Tourism Board." "Due to unprecedented global travel restrictions and border closures, Singapore saw a decline in both visitor arrivals and tourism receipts in 2020. Visitor arrivals
- [Wall Street Vs Main Street – The Unstoppable US Large Cap Stocks Supported by Fed’s Dovish Promise](https://rolfsuey.com/2020/06/wall-street-vs-main-street-unstoppable/) - Refer to part 1 here, a post I written close to 2 months ago to show the disconnect between Wall Street and Main Street. To a large extent, this disconnect means that the stock market is no longer directly proportional to the economy. Despite the ailing economic situation in the US economy entering into a
- [What is Your First Priority? - Liam Neeson, Taken 3](https://rolfsuey.com/2015/01/what-is-your-first-priority-liam-neeson/) - I watched Liam Neeson’s “Taken 3” last night. It is not as good compare to “Taken 1 & 2”, but well, this is not the topic of today’s discussion. Towards the end of the show, Liam Neeson's daughter was captured by his ex-wife’s husband named Stuart who is the biggest villain in the show, who
- [“Everest” and Perfectly “Burnt”!](https://rolfsuey.com/2016/03/everest-and-perfectly-burnt/) - I watched two movies on the plane last week - Everest and Burnt. Both are good movies. Everest Everest is a true life story that portrays the strength of humans in the toughest conditions. The 1996 Everest tragedy lost 12 lives. What is worth mentioning is one of the climbers Dr Beck Weathers who miraculously
- [Vallianz - Dragged by Swiber and Shares Placement?](https://rolfsuey.com/2014/06/vallianz-dragged-by-swiber-and-shares/) - I was asked by one of the readers what to do after the placement of Vallianz shares, and how will Swiber potential decline in business affect Vallianz. Instead of replying direct, I decide to write a post. What to do after Shares Placement? After the share placements at 0.13545, share price falls from 0.157 on
- [Why I divested Nam Cheong & Swissco this week?](https://rolfsuey.com/2014/07/why-i-divested-nam-cheong-swissco-this/) - Nam Cheong – Divested partially Nam Cheong after share price hit a high of 0.47-0.48 range few days ago. This is more than 45% swell since six months ago. Nam Cheong is one of my major shareholdings and one of my favourite stocks that I know really well. The hardest thing to do with a stock
- [Keppel and Sembcorp Marine Hit by Slow Orders - Chinese Competition](https://rolfsuey.com/2014/07/keppel-and-sembcorp-marine-hit-by-slow/) - It's Hari Raya public holiday yesterday and I decide to take additonal few days break from work to spend time with my family. This morning, I read an interesting offshore & marine article about and decide to share it here for those who may be interested. Below please find what I extracted and summarized from Rigzone. Business
- [Baker Tech - Near Term Challenges but Long Term Prospects from New Liftboat Division](https://rolfsuey.com/2014/08/baker-tech-near-term-challenges-but/) - In line with my previous blog post Baker Technology Limited - Better Tomorrow, Baker Tech announced a set of poor 2Q2014 results earlier this week, due to lower revenue and absence of divestment gain from Discovery Offshore (DO) Rig last year. Quarterly Results - Earnings Plunged For 2Q14, Net profit drop 92% to S$1m Vs
- [Kim Heng Offshore – Issues Profit Warnings for 2Q14](https://rolfsuey.com/2014/08/kim-heng-offshore-issues-profit/) - Kim Heng Offshore & Marine Holdings Limited (SGX: 5G2.SI ), a rig services and supply base Offshore and Marine service provider headquartered in Singapore, issues profit warning two days ago. The company said it has deemed it appropriate to issue a profit guidance in respect of the unaudited financial results of the Group for
- [Vallianz & Nam Cheong – Nurturing Valiant Growth](https://rolfsuey.com/2014/08/vallianz-nam-cheong-nurturing-valiant/) - Both my offshore stocks announced 2Q results this week. There is nothing too surprising as both companies continue to achieve stellar growth year over year (yoy) at the back of a strong offshore industry outlook. Vallianz - 1H14 net profit exceeded FY13 profit For 2Q14 comparing yoy, Vallianz doubled its net profit to US$5.8m
- [Mark Mobius on Oil Stocks and Dangers for Long-Term Investors](https://rolfsuey.com/2014/12/mark-mobius-on-oil-stocks-and-dangers/) - By Suzanne Woolley http://www.bloomberg.com/news/2014-12-10/mark-mobius-on-russia-oil-stocks-and-dangers-for-long-term-investors.html How does traveling 250 to 300 days a year for work sound to you? It sounds fine to Mark Mobius, the executive chairman of the Templeton Emerging Markets Group, who does just that, year after year. All those air miles criss-crossing continents give the 78-year-old Mobius, who oversees a team of
- [Sembcorp Marine Signs Construction Contract with Heerema to Build the World’s Largest Semi-submersible Crane Vessel](https://rolfsuey.com/2015/07/sembcorp-marine-signs-construction/) - Source: www.sembcorpmarine.com.sg Singapore, July 15, 2015: Sembcorp Marine (SCM) is pleased to announce that it has entered into an Engineering and Construction contract worth approximately USD1 billion with Heerema Offshore Services B.V. (HOS) to build a new DP3 semi-submersible crane vessel (NSCV). This follows an earlier exclusive letter-of-intent signed between SCM’s wholly owned subsidiary Jurong
- [Keppel Corp – How Much Do You Know About Her O&M Businesses?](https://rolfsuey.com/2015/08/keppel-corp-how-much-do-you-know-about/) - Disclaimer: I do not own any shares of Keppel Corp at time of writing! Price at 52 Weeks Low Keppel Corp is a hot topic lately, because its share price has dived to 52wks low of S$7.50. If you invested almost a year ago, it will cost you S$11.50 per share. In absolute terms, it
- [Nam Cheong, Pacific Radiance, POSH, Swissco, Triyards, EMAS Spoke in Conference](https://rolfsuey.com/2015/09/nam-cheong-pacific-radiance-posh/) - Asian Offshore Support Journal (AOSJ) Conference About two weeks ago, I attended a two-day conference in Singapore - Asian Offshore Support Journal (AOSJ). This is an event where industry people gather. To explain simply, the Offshore Support industry consists of companies that own, build or in one way or another related to the Offshore Support
- [Sembcorp Buy or Not? – Ask Who?](https://rolfsuey.com/2015/12/sembcorp-buy-or-not-ask-who/) - So much had been discussed lately on Sembcorp lately, be it Sembcorp Industries (SCI) or Sembcorp marine (SCM). Both SCM and SCI stock prices are at their 5 year low. Profit warning The price decline is primarily after SCM issue profit warning on 1 Dec for coming quarterly result. This is at the back of
- [Is now the right time to dive into Oil and Gas stocks? Let’s hear from market sentiments!](https://rolfsuey.com/2016/03/is-now-right-time-to-dive-into-oil-and/) - Oil price has climbed from a low of $30 per barrel early this year to $40 now. It is a more than 30% rise and share prices of Keppel Corp and Sembcorp have climbed in quite a similar fashion. So the questions really are: “Has oil price bottomed out? Is now the right time to
- [Low oil price - Bubbles of Tankers, Liftboats and LNG carriers?](https://rolfsuey.com/2016/03/low-oil-price-bubbles-of-tankers/) - This post is in response to SMK comment in my previous article querying if Tanker market is overheating. Thank you SMK. Tankers Indeed, the number of tankers has been increasing since oil price had headed in the opposite direction. The oil glut has led to on-land oil inventories rising to record levels. More and
- [Shareholders of Sete Brasil, top client of Keppel and SembMarine, approve plan to file for bankruptcy](https://rolfsuey.com/2016/04/shareholders-of-sete-brasil-top-client/) - SAO PAULO (BLOOMBERG) - Shareholders of oil-rig supplier Sete Brasil Participacoes agreed to a plan to file for bankruptcy protection after its single client, Brazil state oil giant Petrobras, failed to present a viable book order. A Sete Brasil official confirmed on Wednesday (April 20) that investors are backing the plan and declined to elaborate.
- [Swiber winds up and in liquidation - Who's next?](https://rolfsuey.com/2016/07/swiber-winds-up-and-in-liquidation-whos/) - Big news in the Oil and Gas scene today. Once, the darling stock of Singapore Oil and Gas - Swiber Holdings Limited wind up and ended in provisional liquidation. It is definitely unfortunate but not unexpected news judging from the debt, the company gets herself into. I still remember before it was listed in 2006 when
- [Oil and Gas Companies' Credit Woes - Who's Next?](https://rolfsuey.com/2016/08/oil-and-gas-companies-credit-woes-whos/) - ASL, Ausgroup, Dyna-Mac, Ezion Ezra, Falcon, Keppel Corp, Kris Energy Mencast, Marco Polo Nam Cheong, Otto Marine, Pacific Radiance Perisai Petroleum, SembMarine (Jurong shipyard), Swissco, Swiber Vallianz Source: UOB Oil and Gas sector Update. Disclaimer from UOB The information herein is given on a general basis without obligation and is strictly for information purposes only.
- [Big losses in listed O&G /marine companies…But salaries still big](https://rolfsuey.com/2018/01/big-losses-in-listed-o-marine/) - It’s been awhile since I delved into the reading of annual reports. Last night I decided to read reports of several listed O&G/marine companies in Singapore. Big losses Undoubtedly many listed O&G/marine companies were in dire straits and outlook ahead were uncertain. There is no question that balance sheets of many these companies are strained
- [Has Marine and Offshore Industry Recovered?](https://rolfsuey.com/2019/04/has-marine-and-offshore-industry/) - --> The Maritime and Offshore exhibition Sea Asia took place in MBS this week and I was there. It is my 17th year in the industry. I met many old pals, although the number of them still active in the industry has significantly declined. Had many chats and below are some of the key takeaways? The
- [Will Keppel Offshore & Marine and Sembcorp Marine Merge?](https://rolfsuey.com/2020/05/will-keppel-offshore-marine-and/) - PS: Before using this site and its contents, please click here and read carefully the disclaimer. In my last article, I received a comment to share insight about the possible merger of Keppel Corp (KC) and Sembcorp Marine (SCM) to ensure survival in the light of the current low oil price environment. In response, I
- [Rolf’s Thoughts: Keppel (the son), Hoping for Temasek (the father) 's Partial Offer?](https://rolfsuey.com/2020/08/rolfs-thoughts-keppel-son-hoping-for/) - Keppel posted quarterly loss of a staggering SGD 697 million. This is mainly due to impairments of SGD 919 million from O&M segment. Excluding impairments, the company still reported quarterly net profit of SGD 222 million, boosted by other segment of the business such as property, infrastructure and investments. Last year Temasek proposed offer of
- [Did The Father (Temasek) Abandon the Son (Keppel)?](https://rolfsuey.com/2020/08/did-father-temasek-abandon-son-keppel/) - Source: www.kepcorp.com Singapore's Temasek Holdings is terminating its S$4.1 billion conditional offer for conglomerate Keppel Corp by invoking a material adverse change (MAC) clause following the company's poor financial results. Source: CNA Refer also to my earlier post below, where I wrongly predicted that Temasek will still put up the offer amid a lower price
- [Which Listed Oil Companies Should You Buy?](https://rolfsuey.com/2020/10/which-listed-oil-companies-should-you/) - Oil companies all over the world has their stock prices at all-time low. At the time of writing this article, Exxon (XOM)’s share price of USD 34 equals March low this year, while Shell (RDS)’s share price of USD 24 is a mere 10 percent above the pandemic low. These prices were lowest in two-decades.
- [Rolf’s Thoughts in Keppel 3Q / 9M 2020 Business updates?](https://rolfsuey.com/2020/10/rolfs-thoughts-in-keppel-3q-9m-2020/) - Keppel adopted semi-annual reporting of results, meaning they are no longer obligated to report quarterly figures. Instead, they released voluntary business update today. So what is new? Return to profitability in 3Q 2020 vs 2Q S$697m net loss. Still, 3Q20 profits is significantly lower than 3Q19. Note: 3Q19 attributable profit is S$159m Still loss making
- [Rolf’s Thoughts - Sembcorp Marine and Keppel O&M's Merger!](https://rolfsuey.com/2021/06/rolfs-thoughts-sembcorp-marine-and/) - Was pondering if I should write this blog article on Sembcorp Marine (SCM) and Keppel Offshore and Marine (KOM) 's planned merger? This is because by now, since the announcements few days back, several financial bloggers should have already written articles on it to give good insight. Still, I decided to pen my thoughts. After
- [Shocking News - Life is unpredictable](https://rolfsuey.com/2014/03/shocking-news-life-is-unpredictable/) - After publishing my first post 2 days ago, now I had completed adding Pages, About me and Purpose of the blog. Hope that someday, someone, somewhere will start reading my blog and contribute valuable advice or discussions so that we can improve ourselves together. I am taking one step at a time, just like building a business from
- [Thoughts About Investing - Warren Buffett](https://rolfsuey.com/2014/03/warren-buffetts-berkshire-hathawayjust/) - Warren Buffett’s Berkshire Hathaway just published its 2013 annual report recently. Berkshire Hathaway is an US MNC worth USD300 billions controlled by Warren Buffett and his Partner Charlie Munger. The company owns GEICO insurance, BNSF Railway, Dairy Queen food, Helzberg Diamonds, NV Energy, Netjets plane, Heinz ketchup, Mars chocolate, Wrigley chewing gum etc, and has
- [Investment - Income Growth + Real Estate + Paper Assets](https://rolfsuey.com/2014/03/investment-income-growth-real-estate/) - After reading posts from several Singaporean stock bloggers, I am happy and impressed that there are so many clever and selfless people here. These bloggers put in so much effort in sharing their valuable knowledge and experiences. I also realize that most centered around stocks and financial freedom. Apparently quite a few were inspire by
- [Singapore Oil and Gas Stocks - Win-Win Network for the Rich](https://rolfsuey.com/2014/03/singapore-oil-and-gas-stocks-win-win/) - In this post, let’s take a look at some offshore counters listed in SGX and how are they inter-connected to one another to make win-win businesses profiting among themselves. Below are some of them with their market cap in bracket. Ezion (2.6B), Ezra (1.1B), Rex (673M), Triyards (188M), Swissco (170M), Loyz Energy (131M), Viking (111M) and former Labroy founders (
- [Suntec REIT - Private Placements](https://rolfsuey.com/2014/03/suntec-reit-private-placements/) - Source: UOB KayHian Report Suntec REIT has announced a private placement of 218m new units to raise gross proceeds of S$350m. Although management had indicated that the funds will be used to pare debt, we believe that an acquisition of a property in Singapore or Australia is forthcoming. Maintain BUY with a unchanged DDM-derived target
- [Baker Technology Limited - Better Tomorrow](https://rolfsuey.com/2014/03/baker-technology-limited-gearing-for/) - There is a Maritime Show Exhibition this week in MBS and I visited it. Met a lot of familiar faces and receive a reliable insider news with regards to Baker Technology Limited. Baker Tech is founded by Benety Chang, who use to be the deputy Chairman of PPL shipyard. He is also the brother of
- [Successful Wealth Management – Part 1](https://rolfsuey.com/2014/03/successful-wealth-management-part-1/) - We have to admit that a major part of our life today revolve around the word "money". As a Chinese saying 钱不是万能, 但没钱是万万不能! Money is not everything, but you cannot live without money! It is all about Dollars and Cents! It should be Dollars and “Sense”. Having money alone is not sufficient. We need to
- [Successful Wealth Management – Part 2](https://rolfsuey.com/2014/03/successful-wealth-management-part-2/) - Part 1 explains the tangible aspects of successful wealth management. While it is important to have a set of rules or tools to plan and manage your wealth, it is even more important to have the correct psychological attributes. Practical Goal As with any other tasks, to be able to manage and grow your wealth
- [Singapore Press Holdings - Good Bye!](https://rolfsuey.com/2014/04/singapore-press-holdings-good-bye/) - Good Bye! My Heart says No, but my Head says Yes! My Heart Says.....Keep Singapore Press Holdings a.k.a SPH is one of my first stocks purchased when I started trading close to 4 years ago. It is also one of my all time favorite stocks which can be explained as follows. I read Business Times
- [Invest Early - to achieve your own 4 "Water Taps"](https://rolfsuey.com/2014/05/invest-early-to-achieve-your-own-4/) - Yesterday (Saturday) morning was meant for sleeping late but guess what? I force myself to be awake at 730am having slept at 2am earlier, to attend an investment course on dividend stocks. While the course contents was interesting, it is more for beginner. What is more notable was an happy old man seated beside me named
- [PEG Vs PE Ratio](https://rolfsuey.com/2014/05/peg-vs-pe-ratio/) - Comes across a well written article on Investopedia and decided to share it here. It explains the difference between PEG and PE and why PEG is a more accurate ratio to determine a stock's value. The author is Ryan Barnes. A stock's price/earnings to growth (PEG) ratio may not be the first metrics that jump to mind when due diligence
- [Courts Asia – Mid Year Sale!](https://rolfsuey.com/2014/05/courts-asia-mid-year-sale/) - It’s been a busy month of May in work. It began with overseas colleagues visiting, followed by a new staff joining my team and ended with a tiring week of business trip in China. I started writing this post last Saturday while at the airport and almost ended last night while on mid-air heading home.
- [Investing in Stocks – Isn't it Risky … Any Tips?](https://rolfsuey.com/2014/06/investing-in-stocks-isnt-it-risky-any/) - More than a week ago, I attended a half-day SAF call up. I expected familiar faces, but there were none. While heading to car park after course ended, I saw one familiar camp mate. The course ended early so we decided to go for coffee. While chatting, I was queried on my current interest, I
- [Napoleon Hill "Think and grow rich" - Summary](https://rolfsuey.com/2014/06/napoleon-hill-think-and-grow-rich/) - In the month of May, I finished reading Napoleon Hill – Think and Grow Rich Every Day. Personally I do not encourage any individual to “Think and Grow Rich” each and every day. Money is important but not all important. For me, the meaning of “Money” in the book means “Success” or simply “Knowledge to be
- [Offshore and Marine Outlook – Singapore Listed Firms](https://rolfsuey.com/2014/06/offshore-and-marine-outlook-singapore/) - Read an article few days ago on Business Times that say prospects is better for O&M firms with International Exposure. The article trigger me to write this blog summarizing outlook of the Singapore Offshore & Marine companies. International Oil Companies slowing down Capex International Oil companies (IOC) are oil super majors such as Exxon Mobil, Shell,
- [Super Group & Swissco – Sweet & “Swee”](https://rolfsuey.com/2014/06/super-group-swissco-sweet-swee/) - Added Super Group and Swissco this week to make up my portfolio of 20 stocks. Super “Sweet” Super Group Ltd founded in 1987 manufactures and distributes food and beverage products noticeably 3-in-1 coffee, primarily in Singapore, Southeast Asia, and East Asia through its two segments, Branded Consumer “BC” and Food Ingredients “FI”. Bet 2003 to
- [Legacy of Values & Meaning of Life - Dr Catherine Lim](https://rolfsuey.com/2014/06/legacy-of-values-meaning-of-life-dr/) - I received a text link from a friend today on Dr Catherine Lim’s open letter to PM. While I am aware of Catherine Lim renowned writing skills, I am completely unaware of her defiance against Singapore political scene. Anyway, political discussion is not the intention of either my blog or this article. It matters more that this incident led
- [Thailand & Indonesia Economy – What is means for Super Group and Lippo Malls Indo Trust](https://rolfsuey.com/2014/06/thailand-indonesia-economy-what-is/) - Thailand Tough Short Term Economy Thailand continues to face challenging outlook since military seized power last month. Tourism is badly hit and uncertainties arise in political and economical situation. 1Q14 economy contracted 2.1%. GDP 2014 growth estimate ~1.5-2.5% (2.9% in 2013). It will take some time before the new military government can introduce a general
- [Super Group – More insight From Motley Fool](https://rolfsuey.com/2014/06/super-group-more-insight-from-motley/) - After three months of blogging and indulge in reading investment blogs, I am convince that my all-time favourite website is Motley Fool Singapore www.fool.sg. Motley Fool Brief The Motley Fool, is a professional financial-services company that provides financial solutions for investors, founded in 1993 by the Garner brothers in USA. The Motley Fool (fool.sg) offers stock market and
- [Blogging - What it means to me](https://rolfsuey.com/2014/06/blogging-what-it-means-to-me/) - Some people may asked why I spend so much time blogging each day. Do I aspire to be a full time blogger and sack my employer? Do I aspire to be famous like XiaXue? Do I use Blog to vent my grievances (political ones) like Roy Ngerng? "NO" to all above questions. OR Maybe I do have
- [World Cup Fever - Brings Nostalgic of 1986 & 2002](https://rolfsuey.com/2014/06/world-cup-fever-brings-nostalgic-of/) - Whether you are a football fan or not, it is undoubtedly that you will feel the World Cup fever raging for the next one month. As it turned out, my fervor for world cup had long diminish tournament by tournament, albeit the prestigious event only take place once in four years. 1986 - “Maradona” and “Mexican Wave”
- [Michael Schumacher out of coma - Where's a will, There's a way!](https://rolfsuey.com/2014/06/michael-schumacher-out-of-coma-wheres/) - Michael Schumacher, retired F1 World Champion regarded as one of the greatest F1 drivers of all time is no longer in coma after a skiing accident last year. Schumacher, 45, suffered severe head trauma in a skiing accident at the French Alps resort on December 29. Schumacher has been coma since his accident and neurologist warned
- [John Lim - The Man Behind ARA Asset Management's Success](https://rolfsuey.com/2014/06/john-lim-man-behind-ara-asset/) - This week, I added John Lim, CEO of ARA Asset Management into my "List of Admired People". I first came to know about ARA Asset Management Ltd listed in SGX, when I invested in Suntec Reit last year. While I heard and read positive things about ARA, I had never delved deeper into this company until few
- [From “Lazy” to “Avid” Reader](https://rolfsuey.com/2014/06/from-lazy-to-avid-reader/) - I remember in the 1980s when I was in primary school, we had a “Master Reader Program”. The program required each and every student in the class to finish reading at least one story book a month. Of course the more books you completed reading, the better it will be. Eventually the Reader with the
- [When to Buy, Hold and Sell a Stock - Contrarian Approach](https://rolfsuey.com/2014/06/when-to-buy-hold-and-sell-stock/) - Contrarian Investment Strategies – David Dreman Finished reading a book last week titled "Contrarian Investment Strategies" by David Dreman. While the book contains over 400 pages, the author had summarized it into 41 rules. I will publish the rules in my next post. For now, instead we will discuss key strategies to buy and sell a stock directly
- [Contrarian Investment Strategies – Rule 1 to 21](https://rolfsuey.com/2014/06/contrarian-investment-strategies-rule-1/) - As mentioned in previous post, I just completed reading "Contrarian Investment Strategies" by David Dreman last week. The book contains over 400 pages, but author summarized the contents into 41 rules. Let's take a look at the 1st to 21st rules with Rolf's two cents opinion in italics. It is no expert comments and may be
- [Contrarian Investment Strategies – Rule 22 to 41](https://rolfsuey.com/2014/06/contrarian-investment-strategies-rule/) - Apologies for the delay of part two of Contrarian Investment Strategies. It had been a really busy and tough week out for business trip. Anyway, continue from the previous post of Contrarian rules, below you will find the complete rules from 22th to 41st. I tend to agree with most of the rules. To elaborate some
- [Happiness Index Survey for Singaporeans](https://rolfsuey.com/2014/07/happiness-index-survey-for-singaporeans/) - It was another typical evening after work, nestling at home watching the 7 o’clock TV serial with family, while waiting for dinner. The doorbell rang!. It was a surprise, as we were not expecting anyone. My little ones opened the door, and we saw a man in his 20s holding an iPad. He greeted us
- [Kim Heng - Growing or just another Beneficiary of the strong Offshore Outlook?](https://rolfsuey.com/2014/07/kim-heng-growing-or-just-another/) - A reader asked about why Kim Heng price is not moving much after the IPO. I decide to spend some time to look at the company. Honestly, I am familiar with Kim Heng years before its IPO, but I had not done any very detail financial research on the company. My following post is based
- [Nam Cheong - What you need to know before investing in it?](https://rolfsuey.com/2014/07/nam-cheong-what-you-need-to-know-before/) - Nam Cheong share price peak to S$0.45 this week following two announcements of US$176mil contract wins in a space of less than two weeks. Nam Cheong's order book now boasts 25 vessels worth about RM1.7 billion. See announcement here. A month ago Nam Cheong share price is still trading at S$0.38. Last close price is
- [Updates of Oil and Gas / Offshore and Marine Stocks](https://rolfsuey.com/2014/07/updates-of-oil-and-gas-offshore-and/) - It is a grueling week for me as I battled sickness, together with overseas visitors here. To make matters worse, my daughter has high fever today was rush to see the doctor. Despite the hectic schedule, I feel obligated to write a blogpost today, as my postings for the past two weeks had been going slow. Since there are
- [News! POSH semi-submersible barge sinks – three dead](https://rolfsuey.com/2014/07/news-posh-semi-submersible-barge-sinks/) - A semi-submersible barge owned by PACC Offshore Services Holdings (POSH) near Tanjung Pinggir, Batam sunk during a trial, causing the death of three crew members on Friday, although the barge was only found on Saturday. The Singapore-flagged, 2012-built, POSH Mogami sank 2 nautical miles off Sekupang, Batam Island Indonesia, with nine crew onboard, according to
- [The Joys and Truths of Blogging](https://rolfsuey.com/2014/07/the-joys-and-truths-of-blogging/) - Hugs and Heartfelt Thanks to all my Readers Time flies and it is almost 5 months since I started my "virgin" blog post on 1 Mar this year. I enjoyed every moments of blogging since, and somehow it already becomes a part of my life. One single biggest joy is the satisfaction received when your
- [Why Singaporeans should know more about LNG?](https://rolfsuey.com/2014/07/why-singaporeans-should-know-more-about/) - Which industries in Singapore offer the most lucrative jobs? This is probably one popular question most undergraduates or working adults are interested to know. After surveying many friends, most agree that in Singapore, the Banking & Finance sector is where the money are. The Oil & Gas Energy sector will probably settle for a tight
- [Added – China Merchant Holdings (Pacific) Limited](https://rolfsuey.com/2014/08/added-china-merchant-holdings-pacific/) - China - Long Term Prospect Bright Over the years, I always fancy stocks or funds that have exposure in China market. After all, China achieved average of double digit GDP growth in the past ten years. We may argue that China real GDP growth decelerated from 10.4% in 2010 to 7.7% last year, and is
- [3 Things that make me Happy this week](https://rolfsuey.com/2014/08/3-things-that-makes-me-happy-this-week/) - 1. Project Bid Win It was an exhausting work week for me. I had early flight on Monday traveling to China preparing for two very important project bids worth over S$40 mil in total. On one day, it started at 9 am and ended seventeen hours later till 2 past midnight, followed by the official
- [Asian Pay Television Trust - More insight from 1H14 Results Presentation at Suntec City](https://rolfsuey.com/2014/08/asian-pay-television-trust-more-insight/) - Asian Pay Television Trust (S7OU) “APTT” is the only company in my portfolio that send invitation to unitholders to attend half yearly results presentation. I attended the two hour presentation, few hours ago at Suntec Convention presided by CEO Robert Thorpe and CFO Brian McKinley. I am impressed and it is a very fruitful trip.
- [Why is Raffles Medical Great? – A tale of personal experience!](https://rolfsuey.com/2014/08/why-is-raffles-medical-great-tale-of/) - I am no stranger to hospital visits. I had personally gone through surgeries, check-ups and follow-ups and even hospitalised for weeks before. Of course there are also more joyful visits such as newborn experiences. While I am generally satisfied with Singapore above par hospital/ healthcare services, I am most impressed by Raffles Hospital standing proud along North Bridge
- [Why is Raffles Medical Great? – Facts & Figures](https://rolfsuey.com/2014/08/why-is-raffles-medical-great-facts/) - More than a week ago, I wrote about Raffles Medical Group from the viewpoint of a “Patient” why it is great. Today I will highlight why the company is great from the viewpoint of an “Investor”. To quickly recap, Raffles Medical Group (SGX: R01) “RMG” is a healthcare service provider with mainly hospital and healthcare services. Hospital services include Raffles Hospital in
- [Why China Today is so Different - My Own Travel Experiences in the Last 10 Years!](https://rolfsuey.com/2014/09/why-china-today-is-so-different-my-own/) - Although I frequent China for last decade, the last two weeks were most intense. It is the only time I am in the country for consecutive work weeks. I wrote a post on the plane to share my views on the country. Conversation with a Chinese Taxi Driver To begin, I will like to share
- [CapitaRetail China Trust to Continue Thriving in a Pessimistic China Economic Outlook?](https://rolfsuey.com/2014/09/capitaretail-china-trust-to-continue/) - For my readers, I apologised for the quiet month of blogging. It is a busy month of flying across the continents! Finally, I am home today after more than ten days abroad in UK and Brazil. The traveling were not made any easier, with more than twenty-five hours of air travel single-way Brazil-Singapore not to
- [My First Trip to London](https://rolfsuey.com/2014/09/my-first-trip-to-london/) - Last week, I spend a day transiting in London before flying to Brazil. In this post, I will include some pictures and narrate my experience during the short stay there. Brief Facts of London I took this beautiful picture of London London is the capital of England and United Kingdom (UK). It is the most
- [Aging Population - What it Means to Us!](https://rolfsuey.com/2014/09/aging-population-what-it-means-to-us/) - It’s close to an hour past midnight on a Saturday morning (yesterday). Hunger strikes and I could not sleep. I prepare cup noodles and switch on the TV. Browsing through the channels, Channel NewsAsia (CNA) programme “Perspective” caught my eye. I think it was a repeat telecast. CNA “Perspective” - Global Aging Challenges This episode
- [My Samba Trip in Brazil](https://rolfsuey.com/2014/10/my-samba-trip-in-brazil/) - It was my second trip to Brazil Rio De Janeiro end last month. The first was three years ago. Both were business trips visiting Oil and Gas shows. This time I also spent time visiting Brazilian colleagues / office with ongoing work discussions. Brazil is one of the furthest countries I been to, with approx.
- [My Portfolio - Dragged by Gloomy Outlook! What Should I Do?](https://rolfsuey.com/2014/10/my-portfolio-dragged-by-gloomy-outlook/) - Global Market Downgraded Major indexes were depressed in the past week as pessimism over Global Market looms. On Friday, DJ suffered triple digit loss and S&P fell more than 1%. STI was not spared, dropping to 5 month low of 3223.87. IMF downgraded global growth earlier this week, while Germany weak data exacerbated the panic.
- [Who Do You Want to Be - Entrepreneur or Business Investor?](https://rolfsuey.com/2014/10/who-do-you-want-to-be-entrepreneur-or/) - Last week, subsequent to a meet up with an ex-business competitor-turned entrepreneur, I wrote an article about "Who Has a Better Life – Entrepreneur or Salaried Staff?". One topic raised during our chat was the difference between Entrepreneur and Business Investor. The topic actually spins off while talking about my two ex-bosses who are successful
- [What Are Your Big Ideas for Singapore?](https://rolfsuey.com/2014/10/what-are-your-big-ideas-for-singapore/) - How not to enjoy life, when you can start your Sunday having Dim Sum, followed by shopping and a cup of coffee. I did exactly that with my family today. Thereafter I was somehow lured by the “scent of books”, walking into Kinokuniya Bookstore. Conspicuously located in the sea of books at every corner is
- [Take a Break from Stocks & Money – Just for Laughs!](https://rolfsuey.com/2014/11/take-break-from-stocks-money-just-for/) - Ok, smash my head please! This is because if you are looking for investment or financial literacy information in this blog article, you are going to be disappointed. My Friend said to me “You'll love this!” when he sent below message to me. Please do not take it too hard and I hope you
- [Book Review: LKY The Big Ideas (Part 1)](https://rolfsuey.com/2014/11/book-review-lky-big-ideas-part-1/) - I am on leave today from work. Since I finished reading Lee Kuan Yew (LKY)’s latest book “The Big Ideas” last week, I decide to write a book review today. Courtesy of Rolf Suey's Photography This is a book that compiles accounts of people who had worked closely with our first Prime Minister on the road
- [Book Review: LKY The Big Ideas (Part 2)](https://rolfsuey.com/2014/11/book-review-lky-big-ideas-part-2/) - This post continues from previous post (Part 1)... As extracted from the book, below article depicts summary of Lee Kuan Yew’s philosophy expressed in his own words. To be Correct “I am not interested in being politically correct. I am interested in being correct.” Stood firmly for what you believed “.. If you want to be
- [To be a Successful Investor, Start Earning First – The Warren Buffett Story](https://rolfsuey.com/2014/11/to-be-successful-investor-start-earning/) - Most people may think a successful investor is one that excels in spotting great companies, invest in it and then get rewarded with high returns. But the fact is aside from sharpened investment skills, many successful investors either possess remarkable entrepreneurism or had scaled corporate ladders to senior positions in their careers. This allowed them
- [Review 2014 – My Life and Portfolio](https://rolfsuey.com/2014/12/review-2014-my-life-and-portfolio/) - 2014 is coming to an end. For me, it was not a fantastic year, neither was it a bad year. Nothing drastic happen and relatively stable throughout. Overall I am happy and it is definitely one of the better year compare to last two years. Health I am thankful that no major illness or recurrence
- [Remember Singapore 80s; Price of Cigarettes 1987-2012](https://rolfsuey.com/2014/12/remember-singapore-80s-price-of/) - Why Quit Smoking? Source: http://tobaccotax.seatca.org/country/singapore While searching for the Price of Cigarettes in the 80s, I chanced this blog "Remember Singapore". It’s so nostalgic! Below are articles showing all the beautiful things I love in the 80s. 100 Things We Love About The 80s 100 Things We Love About The 80s (Part 2) How Singapore had changed! Do you
- [人生不会苦一辈子….. 爱情保卫战, 涂磊](https://rolfsuey.com/2014/12/blog-post/) - Inspired by Jared from “Singapore Man of Leisure” blogpost here, I decide to write a post with Chinese Heading. No intention to pay SMOL copyright fees...haha.. I am sure he does not want either. Unlike him, who documented Alibaba Jack's Ma famous philosophy, I herein document a phrase from a relatively unknown (to Singaporeans at least) 涂磊. He said
- [Oil & Gas Stocks Opportunity? - Watchlist](https://rolfsuey.com/2015/01/oil-gas-stocks-opportunity-watchlist/) - Over the last month, I had been pretty tame in terms of stocks action partly due to my newborn and the market volatility. Now, New Year, New Hopes! In particular, with the low valuation of O&G stocks in Singapore, I am hawkish. Let’s review some of the interesting companies in the watchlist below. Watchlist Oil Price 5
- [What Advice Will Your 37 Year-old Self Give to Your 30 Year-old Self](https://rolfsuey.com/2015/01/what-advice-will-your-37-year-old-self/) - Turning 37 I am turning 37 this year. It is a fantastic age to be in. Coincidently at the age of 37, it is also the time when famous investors Jim Rogers retired to travel around the world. Like most ordinary Singaporeans, I am definitely not as ingenious as Mr. Rogers, hence does not have
- [Book Review: Winning the game of stocks – Adam Khoo](https://rolfsuey.com/2015/01/book-review-winning-game-of-stocks-adam/) - I completed reading one of Adam Khoo’s best sellers, “Winning the game of stocks” more than 1 month ago and decide to do a book review. source: http://winningthegameofstocks.com To be honest, I am not a fan of Adam Khoo, neither am I a "booer" of him. I had attended one of his talks (free) organised by my
- [A Busy Start in 2015 – But Remember Your Priorities!](https://rolfsuey.com/2015/01/a-busy-start-in-2015-but-remember-your/) - It has been a very busy start of 2015 for me. I was so tied up that it’s been more than two weeks, since my last blog post. I cannot recall when the last time I have such a long break between two blog posts. Apologies to all readers, but here I am doing my
- [Added – China Aviation Oil (Singapore) Corp Ltd](https://rolfsuey.com/2015/01/added-china-aviation-oil-singapore-corp/) - As part of a routine, every Sunday I will read “The Edge” magazine. Last weekend was no exception. Front page this week reads “China Aviation Oil’s Big Year Ahead!” Being bullish about China long term future, the article aroused my interest. I began researching about the company. Below is a review of my research. Company
- [A Tale of 3 Chinese Drivers – Different Ideologies of Life](https://rolfsuey.com/2015/02/a-tale-of-3-chinese-drivers-different/) - For the last two months, I was on business trips to China three times. My beloved toddler asked mommy why papa is not home and she miss me. My heart melts. I miss my family. The schedules for these trips were always full, spanning across China with journeys on the planes, cars or even boats. Locations can be
- [Street Smarts - Jim Rogers: (Part 1) Personal Developments Advice](https://rolfsuey.com/2015/02/street-smarts-jim-rogers-part-1/) - Last month, I finished reading Jim Rogers Street Smarts. The book was published in 2013. I started the draft of this article long time ago, but its so hard to find time to finish it lately. The busy work and traveling schedule are the culprits. This is Rogers second book I had read. The first
- [My First Trip to Tokyo](https://rolfsuey.com/2015/02/my-first-trip-to-tokyo/) - Earlier this month, it was my first time in Tokyo, Japan, though I did transited twice in Tokyo airport before. I am not unfamiliar with Japan since I had been to Hokkaido before and had former Japanese colleagues and business associates. Still, it is a business trip I looked forward to. Brief Facts of Tokyo
- [My Life and Portfolio Updates at the Start of 2015](https://rolfsuey.com/2015/03/my-life-and-portfolio-updates-at-start/) - My Life – A Busy Start It has been one of the busiest starts of the year, for a long time I can remember. Trust it will continue to be like that for the rest of the year. A new member of the house is born few months ago. Joyful….while busy taming cries, changing diapers
- [My Netherlands & First Newcastle Trip](https://rolfsuey.com/2015/03/my-netherlands-first-newcastle-trip/) - As mentioned in my previous post, it is a busy start of the year for me and I had been flying around lately. Last week, I was in Netherlands (mainly Rotterdam) and UK (Newcastle) for business matters. Yes…..Again… Netherlands – Amsterdam & Rotterdam I had traveled to Netherlands many times before. Netherlands literally means “low land” with majority
- [I am Successful Because I am Capable? Do not be Fooled by Randomness!](https://rolfsuey.com/2015/03/i-am-successful-because-i-am-capable-do/) - You had just earned your first pot of gold…several hundred thousands, millions or more. A multi-bagger returns from your investments; a lucrative business ventures. Or a promotion to be the MD or better CEO; a biggest pay raise you can ever imagine...so on and so forth. You are happy and over the moon. Of
- [Will You Give Up Your Life Exchange For a Successful Singapore?](https://rolfsuey.com/2015/03/will-you-give-up-your-life-exchange-for/) - 'I have spent my life, so much of it, building up this country. There's nothing more that I need to do. At the end of the day, what have I got? A successful Singapore. What have I given up? My life.' - Lee Kuan Yew Prime Minister Lee Hsien Loong quoted the above message on
- [Tribute to Mr. Lee Kuan Yew - Rolf & Family](https://rolfsuey.com/2015/03/tribute-to-mr-lee-kuan-yew-rolf-family/) - Our Tribute to Mr. Lee Kuan Yew: ~~~~~~~~~~~~~~~~~~~~~~~~~ Dear Sir, I was born in the late 70s from a humble family, and you were our prime minister then. In the 80s, I will often see you on TV, giving speeches that were of no meaning to me then. In primary school, I will sing popular National
- [Fujian Trip (Part 1) - Down In the Dump, but Feels Touched](https://rolfsuey.com/2015/06/fujian-trip-part-1-down-in-dump-but/) - Two weeks ago, I was off to China Fujian for work. The place I visited is Fuzhou, the capital city of Fujian. My last trip to Fuzhou was about three years and the city did change so much for the better. What is obvious, is you can see more high-rise new buildings. The less obvious and more surprising
- [Fujian Trip (Part 2) - A Pleasant Encounter with Mr. K in the Air](https://rolfsuey.com/2015/06/fujian-trip-part-2-pleasant-encounter/) - This post continues from previous post (Part 1)... Met Mr. K It was a 4-5 hours flight journey back from Fuzhou to Singapore. On the plane, a smart old man was seated beside me. Let's call him Mr. K in his late 60s age from what I was told. His age though, is very much
- [Book Review : A Woman’s Guide to Financial Freedom](https://rolfsuey.com/2015/06/book-review-womans-guide-to-financial/) - About one and a half months ago, I visited the library with no specific book in mind to borrow. While browsing through the shelves, I was captivated by a pink colored book titled "Live it, Love it, Earn it!" by a female author. The thought about understanding Personal Finance from a woman's point of view struck
- [Girl Power! Men, Watch Out!](https://rolfsuey.com/2015/07/girl-power-men-watch-out/) - When my mum first gave birth to my eldest sister more than 40 years ago, I heard my Grandpa did not visit our family. However when my elder brother was born, my Grandpa was so happy and eager to visit his grandson. Male chauvinism! Times had changed since. Today there are so many women
- [Dave Ulrich – Father of Modern Human Resource](https://rolfsuey.com/2015/07/dave-ulrich-father-of-modern-human/) - I was reading Business Times today and in the Raffles Conversation, an article caught my attention. I always love to read about Biography of successful people and hear what they have to say. So in this article, I unearthed another guy that I kind of admire judging from what he said. He is “David Olson
- [Promoting Personal Finance - 55 Financial Blogs in Singapore](https://rolfsuey.com/2015/08/promoting-personal-finance-55-financial/) - Hi All, For the sake of promoting personal finance, I am helping a fellow blogger to publicise his blog. Refer to Giraffe Value blog link here. GV also has a guest post that preview the 55 financial blogs in Singapore, which I think it is absolutely wonderful. Refer here. PS: I received no advertisement fees
- [Majulah Singapore in 4 Languages! Happy 50th Birthday!](https://rolfsuey.com/2015/08/majulah-singapore-in-4-languages-happy/) - Rolf's family wish every Singaporeans and non-Singaporeans staying in Singapore, a Happy Golden Jubilee National Day. MAJULAH SINGAPORE Mari kita rakyat Singapura sama-sama menuju bahagia Cita-cita kita yang mulia berjaya Singapura Marilah kita bersatu Dengan semangat yang baru Semua kita berseru, Majulah Singapura Majulah Singapura Marilah kita bersatu Dengan semangat yang baru Semua kita
- [Book Review : The Power of Positive Thinking (Part 1)](https://rolfsuey.com/2015/08/book-review-power-of-positive-thinking/) - Normal Vincent Peale, 2011 Edition, First Published in 1952. Thanks to NLB Singapore Some time ago, I was browsing through a blog and read that the blogger labeled this book “The Power of Positive Thinking” as the trigger of his/her destiny turning point for the good. Fancy by this fact, I borrowed this “positive” book
- [Book Review : The Power of Positive Thinking (Part 2)](https://rolfsuey.com/2015/08/book-review-power-of-positive-thinking_30/) - This post continues from previous post (Part 1)... How to Create Your Own Happiness Choice If you wake up in the morning, you have two choices – either Happy or Not for the rest of the day. I choose to be Happy. Example – Personal Experience of an ex-client from Jakarta I remembers once when I was
- [2015 vs 2011 GE - My Thoughts](https://rolfsuey.com/2015/09/2015-vs-2011-ge-my-thoughts/) - Tomorrow is Polling Day. This is only the second time I will be voting in the GE because for earlier elections, I was living in a constituency led by LKY with walkover each time. GE 2011 My first election was 2011 as resident in Bishan-Toa Payoh GRC. During one instance then, I was having breakfast
- [Ray Dalio - The Man Behind The Economic Machine!](https://rolfsuey.com/2015/09/ray-dalio-man-behind-economic-machine/) - Ray Dalio is the founder of one of the largest macro hedge fund firm Bridgewater Associates which has approx. US$169 billions today. The company serves institutional clients including pension funds, endowments, foundations, foreign governments and central banks, rather than private investors. Transparency Bridgewater embraces a corporate culture that encourages transparency and the elimination of
- [Where should you invest your money now?](https://rolfsuey.com/2015/10/where-should-you-invest-your-money-now/) - Where is Jim Rogers putting his money? Gold, Silver & Copper Wait! Buy Gold when it gets under $1000. Oil Wait! Going to test the bottom. If world collapse, it may go to $20, then buy all you can. Iron Ore Nope! Overhyped in recent years. USD JR owns majority of it. People think USD
- [On Blog Leave 14 to 18 Oct - Taiwan Here I Come!](https://rolfsuey.com/2015/10/on-blog-leave-14-to-18-oct-taiwan-here/) - Almost 4 years since I last visited Taiwan. No kids, just me and wife enjoying ourselves this time. Looking forward to it! Taiwan, Here I Come!
- [Taipei Trip - Perfect Break from Work & Stock Market!](https://rolfsuey.com/2015/10/taipei-trip-perfect-break-from-work/) - What should I do when there are so many uncertainties in the world today? Answer : Take a good break and recharge my battery! This is precisely what I had done in the last week. I took a short 5D4N trip to Taipei with my wife. No noisy kids, no work from office, no investment
- [What you should do if not investing in stocks?](https://rolfsuey.com/2015/10/what-you-should-do-if-not-investing-in-2/) - 2015 – a year to be forgotten It's nearing end of the year. To recap, I am sure 2015 is not a fantastic year as far as most investors are concerned. 24 August this year aka “Black Monday” is the day when hundreds of billions were wiped out in stock markets worldwide. The horrendous sell-off in equity
- [What can we learn in stocks from boxing?](https://rolfsuey.com/2015/10/what-can-we-learn-in-stocks-from-boxing/) - Exactly 41 years ago on 30 Oct 1974, a historical boxing event took place in Zaire (now Congo). It was the world heavy weight championship nicknamed "The Rumble in the Jungle" between two of the greatest boxers of all time – then 32-year-old Muhammad Ali and 25-year-old George Foreman. George Foreman was the undefeated champion and overwhelmed favorite
- [Know yourself and define your own success!](https://rolfsuey.com/2015/10/know-yourself-and-define-your-own/) - I wrote this article as an after thought and response, after I received a comment from LP – a fellow great blogger in my last article “What can we learn in stocks from boxing?”. LP is a great blogger in his own ways, that I had learn many things from, in my blogging journey. He
- [How well do you know yourself – Psychology Test](https://rolfsuey.com/2015/11/how-well-do-you-know-yourself/) - Those who follow my blog will know that I am a strong advocate and believer of “Know Yourself” first before knowing what you really want in life. In fact, my nickname Rolf Suey is actually derived from “Yourself” when the letters are re-arranged. The importance of knowing yourself Understanding yourself is very important in your life to
- [Top down or Bottom Up Investing - Which is better?](https://rolfsuey.com/2015/11/top-down-or-bottom-up-investing-which/) - Economy is not doing well, the top down investor may advise to stay away from the stock market, diversify, hold on to your cash, and pounce when the market crash. The bottom up investor will not be bothered on how the market is performing in general. He is more concern about how the company that
- [Marco Polo to cancel rig contract with Semb Marine - The need to understand Rig ownership versus speculation!](https://rolfsuey.com/2015/11/marco-polo-to-cancel-rig-contract-with/) - "MP Drilling has today (17 Nov 2015) issued PPL, the builder of the New Rig, a notice of termination of the Rig Construction Contract following the latter's failure to comply with certain of its material contractual obligations. In arriving at this decision to terminate the Rig Construction Contract, MP Drilling has taken into account various
- [Mark Zuckerberg’s 3 Stories -  Mission, Care, Look Ahead!](https://rolfsuey.com/2015/11/mark-zuckerbergs-3-stories-mission-care/) - Last month, I watched the video of Mark Zuckerberg’s 20-minute speech at Tsinghua University. Similar to Steve Job’s Standford University speech ten year ago, there are also three stories. The difference is Mark Zuckerberg gave his speech in Mandarin. That probably also exudes Zuckerberg’s respect for most of his Chinese audience and his belief in
- [Netherlands and Shanghai - Cold weather but Warm people!](https://rolfsuey.com/2015/12/netherlands-and-shanghai-cold-weather/) - Finally back to home today after two work weeks of business travel. While tired and kind of missed home and my family, it was two very good trips. Netherlands In Netherlands last week, except for two days when it was brighter, the weather was terrible. It was cold and always cloudy or raining. I was
- [Bridge of Spies  - Worry? Would it help? Standing Man!](https://rolfsuey.com/2015/12/bridges-of-spies-worry-would-it-help/) - I always wanted to watch the Movie “Bridge of Spies”. After all it is Steven Spielberg and Tom Hanks – two of the greatest directors and actors of all time! While I missed the cinema screening, I managed to catch the movie on the plane during one of my traveling trips this month. Given the
- [Matrix Revolution – Seeking Enlightenment! (Part 3 - Final)](https://rolfsuey.com/2015/12/matrix-revolution-seeking-enlightenment/) - This post continues from the previous two posts and is the final series of Rolf’s version of Matrix Trilogy. Are we living in a Matrix? (Part 1) and Finding the source of the Matrix - The true purpose of life (Part 2) True purpose of life - People To rebel against the machine, Neo needs to find the
- [Thailand Hua Hin Trip - Family Vacation](https://rolfsuey.com/2015/12/thailand-hua-hin-trip-family-vacation/) - It’s home sweet home today after an 8D7N free and easy Christmas vacation trip in Thailand Hua Hin and Bangkok. It is a family trip and we certainly make lots of noise since we have more than 20 of us, comprising of my mum, me and my siblings' families, as well as some friends. While the bright
- [Good Bye 2015, Hello 2016!](https://rolfsuey.com/2016/01/good-bye-2015-hello-2016/) - Today is the first day of 2016. Happy New Year everyone! In 2014, my year was wrapped up with our godsend newborn. In 2015, the year ended with a family vacation in Hua Hin, where me and my siblings witnessed a very Happy Mum. Both years ended great and no complains whatsoever from me! The final
- [My Testimony for a fellow reader who is hospitalized](https://rolfsuey.com/2016/01/my-testimony-for-fellow-reader-who-is/) - I am deeply saddened after hearing that a fellow reader who is currently sick-bedded in hospital. Hereby, I will like to extend my sincere prayers to her, hoping that she can be blessed with good health again. Instead of gushing words of condolences, I will share my personal testimony. Perhaps no words are more powerful
- [Ip Man 3 - Priorities in life!](https://rolfsuey.com/2016/01/ip-man-3-priorities-in-life/) - As year caprioled from 2015 to 2016, I was in a cinema watching Ip Man 3 with my wife. To me and my wife, it is an excellent movie with deep sentiments running deep down within me. Unlike the previous two installments where I was enthralled by the lightning fast punches gong-fu moves of Donnie Yen,
- [STI goes below 2630 - Second benchmark breached, Scoop Again!](https://rolfsuey.com/2016/01/sti-goes-below-2630-second-benchmark/) - Refer to my previous post here where I discussed a simple method of dispensing my warchest. Consider 3100 as benchmark, and using 10% drop as the first reference, STI at 2,790 is the first signal for firing. The next reference is 2635, a further 5% dip of STI. In your own designed spreadsheet, you can
- [Be it in life or investment – Just "know and understand" is NOT good enough!](https://rolfsuey.com/2016/01/be-it-in-life-or-investment-just-know/) - In life One of the commonly heard phrases "I know, I understand....." Yet, when it comes to making decision and taking action, we are often 口是心非！(translated: affirm on lips but deny in heart!) "Errr.. but because... of this and that Bla Bla Bla... “ Or "This time is different!" How many times in life have
- [Retrench during Oil Crisis! Why?](https://rolfsuey.com/2016/02/retrench-during-oil-crisis-why/) - The current oil crisis is definitely one of the worst the world had seen in many decades. Oil price free-fall from more than $100 per barrel late 2014 to less than $30 a barrel during the start of 2016 in what is described by many as a year of annus horribilis! The downturn in the industry
- [Dos & Don'ts during Oil Crisis!](https://rolfsuey.com/2016/02/dos-donts-during-oil-crisis-2/) - This post continues from previous post “Is oil price really sustainable below $30? (Part 1)”. I ended in that article stating to follow up with the discussion on the “Dos and Don’ts” during an Oil Crisis. DO know the broader impacts oil price have on us! For the DOs, I think everyone of us does need to
- [Crisis? We should be happy because it is the best time to learn!](https://rolfsuey.com/2016/02/crisis-we-should-be-happy-because-it-is/) - First of all Happy CNY to all the readers! May this Golden Monkey jumpstart your year with loads of Joy, Happiness and Prosperity! Is 2016 or the Monkey year doing great so far? Not quite! World in turmoil 2016 started on a bad note. Global stock markets plunged due to oil price rout and China’s
- [Charity Donation - CNY 2016](https://rolfsuey.com/2016/02/charity-donation-cny-2016/) - Received an Ang Pow from my company after the CNY break. It is a generous one of S$88.00. Despite dishing out many big Ang Pows this year totalled more than S$3,000.00, mostly attributed to my Mum, Mother-in-law and my elderly relatives, I decided to offer one more small token of generosity. I donated the S$88.00 Ang Pow
- [Rolf’s investment philosophy (Part 1) - Building a character!](https://rolfsuey.com/2016/02/rolfs-investment-philosophy-part-1/) - Most savvy investor readers here probably know more about value investing, fundamental and technical analysis than I do. So while FA and TA are extremely important tools for an investors, I shall not bored you guys further with that. In the following first of the few series of Rolf’s Ideologies for investment, I will try
- [Recent Actions - Sold Telco! Short Term Bearish, Long Term Still Bullish!](https://rolfsuey.com/2016/02/recent-actions-sold-telco-short-term/) - It comes to a surprise to me that IDA announced a fourth Telco. Why fourth Telco? Considering the weak economic conditions, I am not sure why IDA wanted a fourth telco NOW. Yeah, IDA mentioned it is for the sake of the consumers having better choice. We already have three to choose from. Not enough
- [Rolf’s investment philosophy (Part 2) – Understand the business!](https://rolfsuey.com/2016/02/rolfs-investment-philosophy-part-2/) - In Part 1, aside from the Fundamental/Technical analysis skill which is also important, I reminded the need to build a character to be a successful investor. Part 2 here, I will explain why it is even more important to understand the business. A decade ago, I was still an engineer. In office, I perform calculations and
- [Rolf’s investment philosophy (Part 3) - Building a Portfolio!](https://rolfsuey.com/2016/02/rolfs-investment-philosophy-part-3/) - Rolf’s investment philosophy (Part 3) - Building a Portfolio! In this finale of the trilogy for Rolf’s investment philosophy/strategy, I will discuss strategy to build Rolf’s Equity Portfolio. To recall, Part 1 here discusses the need to build up the right character and Part 2 here identifies the importance of understanding the business and building
- [Perth Trip](https://rolfsuey.com/2016/02/perth-trip/) - This is my second trip to Perth. The first was five years ago where the streets were so quiet and so difficult to even find a proper dinner meal after 6 pm. Perth today is so different with so many new developments and a much improved night-life. Ok, let the pictures do the talking as follows...
- [Ray Dalio’s Exceptional Insight!](https://rolfsuey.com/2016/03/ray-dalios-exceptional-insight/) - One of my favourite investors is Ray Dalio. I had reproduced his recent interview with Bloomberg in words as follows. Hope it helps in your investment decision. Recap of Ray Dalio Economic Machine Productivity Matters in the Long Run – What you earn is what you get to spend. Short term debt cycle – aka
- [Emotional farewell to my remarkable driving machine!](https://rolfsuey.com/2016/04/emotional-farewell-to-my-remarkable/) - This is the article that I confess my lavishness, spending hundreds of thousands of my hard earned money on car in the last 12 years. I owned four cars during this period. The first and second were owned for two years each and they were second-hand Japanese cars. In the last eight years, I was
- [Croesus Retail Trust New Acquisition in Hiroshima – Good or Bad?](https://rolfsuey.com/2016/04/croesus-retail-trust-new-acquisition-in/) - As from Business Times: “CROESUS Retail Trust (CRT) is acquiring a prominent suburban mall in Japan's Hiroshima prefecture for 3.3 billion yen (S$40.5 million). Fuji Grand Natalie, located in a well-populated zone in Hatsukaichi City, has about 53 sub-tenants involved in fashion, goods, services, food and other sectors. It has a weighted average lease expiry
- [Recent Actions - A Gamble with Swissco and The Belief in Keppel DC Reit?](https://rolfsuey.com/2016/04/recent-actions-gamble-with-swissco-and/) - STI falls below 2800 this week. The year started with the months of Jan and Feb seeing major indices in the world tumbling. The story almost reversed in Mar when the markets rally coming back with a vengeance. Could it be the same story of up and down for the rest of the year? Or
- [S$3,800 to S$4,000 Starting Salary for Fresh ICT Engineering Graduates in Public Service - What do you think?](https://rolfsuey.com/2016/04/s3800-to-s4000-starting-salary-for/) - This week in Parliament, DPM Teo announced that the starting salary for engineers joining the Public Service upon graduation will start from S$3,800 a month, and those in information and communications technology (ICT) from S$4,000, an average increase of 20 per cent. Existing remuneration of public service engineers will also be reviewed and raised if
- [Reits - Watchlist / Analysis](https://rolfsuey.com/2016/04/reits-watchlist-analysis/)
- [Is a well-planned retirement definitely a meaningful one when the "big" day arrived?](https://rolfsuey.com/2016/04/is-well-planned-retirement-definitely/) - This post is referring to a news article from Straits Times titled “A well-planned retirement can be meaningful and enjoyable!" Refer here. Indeed a retirement if well planned out, can be a meaningful and enjoyable one, and I am in agreement to it. However as I delved deeper into the article, I realized that the
- [Crisis and retrenchment – How sentiment change in one year and how I am staying resilient to weather any storms ahead.](https://rolfsuey.com/2016/05/crisis-and-retrenchment-how-sentiment/) - The oil & gas (O&G), marine & offshore industry that I worked in is experiencing one of the worst headwinds in decades. Perhaps it is not just this sector per se that is affected adversely, many private sectors are also experiencing anaemic growth or falling earnings. Colleagues being layoff, even MD has left. Everyone can
- [Book Review : $how Me the MONEY (Book 3) - Teh Hooi Ling](https://rolfsuey.com/2016/05/book-review-how-me-money-book-3-teh/) - Recently, I finished reading Teh Hooi Ling’s $how Me the MONEY (Book 3) - Fighting Paralysis in a Market Meltdown and other curious facts. Below is a summary of extracts from the book more related to the stock market. There are also sections related to the macro global landscape, which I have not reviewed here. Hope
- [Sickness or Longevity having close association to a person’s character and work he or she does](https://rolfsuey.com/2016/04/sickness-or-longevity-having-close-2/) - Have you ever wondered that longevity or illnesses of a person has close association to one’s character and how he/she behaves or what they do? Relax Lah! If we become are too uptight or nitty-gritty over even the slightest things in life, and cannot relax, we can be prone to sickness unknowingly. It can be
- [Recent action - SPH Reit](https://rolfsuey.com/2016/04/recent-action-sph-reit/) - Bought into SPH Reit this week at S$0.955. I like the simplicity of this Reit with assets of Paragon and Clementi mall, which I visited often. Paragon is not just retail but also consists of medical suites/offices. In my opinion, it is definitely one of the malls in Orchard area that has relatively higher human
- [We are not rich by what we possess but by what we can do without!](https://rolfsuey.com/2016/05/we-are-not-rich-by-what-we-possess-but/) - “We are not rich by what we possess but by what we can do without.” - Immanuel Kant Have you ever wondered what exactly you lack in life today that you CANNOT do without? This is aside from the basic necessity such as house, food and clean water etc. Could it be the internet and
- [Sickness or Longevity having close association to a person’s character and the exercise he or she does! (Part 2)](https://rolfsuey.com/2016/05/sickness-or-longevity-having-close/) - Earlier I also wrote a post on “Sickness or Longevity having close association to a person’s character and work he or she does” (Part 1). In this post, I will focus on character and the exercise one does. On one hand, this post is partly a continuation of my earlier post. On the other hand, it
- [Crisis and retrenchment – What if it is me? (Part 2)](https://rolfsuey.com/2016/05/crisis-and-retrenchment-what-if-it-is/) - This article continues from previous post (refer here) where I discussed how to stay financially and mentally resilient during a crisis resulting in a retrenchment. The discussion apparently did not include the type of resilience such as acquisition of work skill-sets which can easily be transited from one company/ industry to another. Why retrenchment can happen
- [His HEART wouldn’t stop beating… Muhammad Ali](https://rolfsuey.com/2016/06/his-heart-wouldnt-stop-beating-muhammad/) - Boxing legend Muhammad Ali passed away two days ago at age 74. He died of "septic shock due to unspecified natural causes", his family has said. In the tweet below by Ali's daughter Hana, it said "All of his organs failed but his HEART wouldn't stop beating. For 30 minutes...his heart just keep beating...." I am
- [Venezuela - A Nation of Beauty Queens; Now A Nation of Hungers! Who will have thought this will happened?](https://rolfsuey.com/2016/06/venezuela-nation-of-beauty-queens-now/) - “It was all a new reality for Gabriel Márquez, 24, who grew up in the boom years when Venezuela was rich and empty shelves were unimaginable.” Read below news and you will be shocked that this is happening to a country that used to be extremely prosperous. Venezuela had once the world's largest oil reserves
- [Brexit - Rolf's View](https://rolfsuey.com/2016/06/brexit-rolfs-view/) - Britain surprised the world with a vote to leave EU after being part of it since 1973. Honesty it was not a big surprise to me. Well it's not that I am bragging after the result is announced! “Very lame”, you may think, but there are several truths to it. The uncertainty of the world
- [Love will keep us alive](https://rolfsuey.com/2016/07/love-will-keep-us-alive/) - Recently I visited a friend in hospital. Let's call him W in his late 30s and he was already hospitalized for more than half a year. What happened? Tragedy strikes W during what was supposedly a happy day on his Daughter’s birthday when for no apparent reason (to others) he was hit with brain stroke.
- [Rolf’s View of the World and Singapore’s Economy - The Artificial Harvest of the Past (Part 1)](https://rolfsuey.com/2016/07/rolfs-view-of-world-and-singapores-2/) - This will be the first of a series of articles ahead where I will present my views of the world and Singapore’s economy. For readers who are more sensitive, maybe it can be potentially controversial. Why? Well, opinions or predictions can always be controversial especially when people start to get too excited and serious about
- [Bali Trip 2016](https://rolfsuey.com/2016/07/bali-trip-2016/) - It’s the time of the year where me and my wife need a break to forget the work, the stock market and even our children. Yes, it’s our yearly routine trip to Bali. This will only be our first deserved overseas tour in 2016. It was a relatively short trip - 4D3N. Our initial planning
- [Crisis – Is it really useless to know it earlier?](https://rolfsuey.com/2016/08/crisis-is-it-really-useless-to-know-it/) - I remember about a year ago in a dinner conversation with my family and siblings. It was the first time I was sounding alarms of the imminent crisis ahead. Yeah yeah yeah… not just my siblings, friends, relatives, colleagues, my blog... Throwing stones at me and thinking “Not another Ho-Hum script” from me. You just
- [Rolf’s View of the World and Singapore’s Economy - The Artificial Harvest of the Past (Part 2 - continued)](https://rolfsuey.com/2016/07/rolfs-view-of-world-and-singapores_29/) - This post directly continues from the previous post - Part 1. The financial world did unexpectedly well in the last seven years after the GFC! Many argued, “Isn’t this good news that everything is just fine? If Big Ben did not “print” the world out of recession, perhaps we would be seeing one of
- [Pre-National Day Celebration - Just us...Eating, Singing and Watching Movie!](https://rolfsuey.com/2016/08/pre-national-day-celebration-just/) - Took a day off yesterday to celebrate me and wife's wedding anniversary. Yes, just two of us without the kids for almost the entire day. Not a very complicated one, but an enjoyable one. EAT, SING AND WATCH MOVIE! We love Italian cuisine... Did spend some money on the meal... but could not have care
- [Happy National Day - My 5 wishes for Singapore!](https://rolfsuey.com/2016/08/happy-national-day-my-5-wishes-for/) - 1. Safe No natural disasters. No pollution. No external and internal conflicts. No terrorism and low crimes. Everyone can walk alone on the streets safe and sound even at the wee hours of the day. 2. Harmony Singaporeans stay united and live in harmony forever, regardless of race, religion, language and countries of birth. Singaporeans,
- [Why I am an optimist?](https://rolfsuey.com/2016/08/why-i-am-optimist/)
- [PM Lee on verge of collapsing during National Rally!](https://rolfsuey.com/2016/08/pm-lee-on-verge-of-collapsing-during/) - I was watching PM Lee's rally today, when I suddenly seen his face turned unwell as he speak. Suddenly, he could not talk anymore, left hand jerking and body tilted to the side on the verge of collapsing. The next moment, the TV screen turns to the crowd. First it was Finance Minister... now it
- [Korea Busan Trip 2016](https://rolfsuey.com/2016/08/korea-busan-trip-2016/) - "Korea” herein means “South Korea” It's been over a decade since I last set foot in South Korea. This time, it was business trip in Busan. Flight duration was 6-6.5h to Seoul Incheon airport followed by another 1h flight time to Busan Gimhae airport. Korea has a population of ~50 mil with capital Seoul having
- [Venezuelans eating zoo animals!](https://rolfsuey.com/2016/09/venezuelans-eating-zoo-animals/) - Source: The Telegraph News UK Venezuelans suffering from hunger and shortages in their struggling country broke into Caracas zoo and pulled a black stallion from its pen, butchering it for the meat. The crime occurred late last month, in the small hours of the morning at Caracas’ Caricuao Zoo. A gang of people sneaked into the
- [My Credit Report from CBS](https://rolfsuey.com/2014/07/my-credit-report-from-cbs/) - Come across a letter today from Citibank, offering 8x credit limit of monthly income. I am surprised and wonder if this credit ease makes any financial sense. Few weeks ago, I was asked by a client to provide financial credit report of my company from Dun and Bradstreet for a project. These two incidents lead
- [Psychology of Happiness](https://rolfsuey.com/2014/07/psychology-of-happiness/) - I am reading a book on psychology and find something interesting which may affect our emotions. Adapted from Argyle and Crossland 1987 from Oxford University, below is a list of things that make you produce positive emotions. I have to agree all below makes me feels good. I will start to apply them to my daily life
- [How much do you know about Temasek Holdings?](https://rolfsuey.com/2014/07/how-much-do-you-know-about-temasek/) - Most adult Singaporean will know that Temasek Holdings is the investment company owned by the Government of Singapore. It is also well-known that the company is run by our Prime Minister’s wife Ho Ching operating as the Executive Director and CEO of the company. Aside from knowing what Temasek does and who runs it, how
- [Writing Wills - Not just for the Old and Rich!](https://rolfsuey.com/2014/08/writing-wills-not-just-for-old-and-rich/) - After a tiring but fruitful last week, I decide to take a day off today after National Day holiday. Just like any other days, I read the Business Times (BT) this morning and come across an interesting topic - the importance of writing wills and estate planning. For those who follow Hong Kong TVB serials
- [Rolf Suey’s Interview](https://rolfsuey.com/2014/08/rolf-sueys-interview/) - Started my yearly national obligation, beginning this week. I had been busy since, with almost no time for blogging until today when I was released early. Nevertheless, I had undergone an interview session organized by a witty and active blogger – Richard Ng, the owner of “Invest Openly”. To find out more on the interview
- [Why You Should NOT Buy a Stock during Earnings Seasons](https://rolfsuey.com/2014/08/why-you-should-not-buy-stock-during/) - The last two months must be hectic for most listed companies in Singapore, as companies were busy preparing their quarterly and half-yearly reports ending 31 June 2014. Likewise I am busy blogging on the post findings analysis for companies within my portfolio. One question we may ask is: "Should we buy a stock in anticipation of
- [Why I Admired Jim Rogers (Part 1) – Read his Book “A Gift to My Children”](https://rolfsuey.com/2014/09/why-i-admired-jim-rogers-part-1-read/) - Finished reading a book this month by Jim Rogers, titled “A Gift to My Children - A Father’s Lessons for Life and Investing.” The book was actually recommended to me by another fellow blogger. Passive Income Builder. I admire Jim Rogers' love for his daughters; his passion in life (and investments); his travels around the world
- [Why I Admired Jim Rogers (Part 2) – Read his book “A Gift to My Children”](https://rolfsuey.com/2014/10/why-i-admired-jim-rogers-part-2-read/) - Two days ago, I written a post summarizing Part 1 of Jim Rogers' book "A Gift to My Children". Rogers is a successful investor, businessman and author. The 72 year old wrote the book with the intention of imparting what he learn in life and investment to his two daughters, aged 11 and 6. This post continue from
- [Reminder - Why You Should NOT Buy a Stock during Earnings Seasons](https://rolfsuey.com/2014/10/reminder-why-you-should-not-buy-stock/) - It’s earnings seasons again and listed companies are busy preparing to announce their 3Q results. Should we Buy stocks in anticipation of good earnings results prior to announcement? Please read my previous post for answer.
- [Shale Oil & China Slowdown – Let’s hear from Jim Rogers](https://rolfsuey.com/2014/10/shale-oil-china-slowdown-lets-hear-from/) - Oil price free-fall recently, reactions from the world is clear – Weak outlook, Price to Fall further. One main reason is over-supply resulted from the production of Shale Oil in USA. Rewind and hear what Jim Rogers had to say about 1) Demand Vs Supply 2) Shale Oil & Gas 3) China Economy. I extracted part of the Q&A session within “International
- [What You Need to Know Before Investing in Brazil](https://rolfsuey.com/2014/11/what-you-need-to-know-before-investing/) - Last month I was in Brazil and wrote a post addressing the “leisure” part of the trip. Refer here. Towards the end of the post, I promised to share more about the culture of the country later, which I will do today. Most contents of this post are contributed by the views of my Brazilian
- [Oil Crisis – Did You See it Coming?](https://rolfsuey.com/2015/04/oil-crisis-did-you-see-it-coming/) - Last month, I was having a chat with a business associate in the O&G industry. Let’s call him Mr. M. M showed me a picture of him having dinner with the Chairman & CEO of a first tier oil contracting company with annual more than 10BEUR revenue. The Chairman of this big company told Mr. M
- [Diversify OR Not?](https://rolfsuey.com/2015/04/diversify-or-not/) - I am serving my In-Camp-Training (ICT) this few weeks. For me, ICT is always a time to take a breather from work, where camp mates get together to "talk cock sing song" aside from the military duties on our shoulders. Incidentally, I chatted to two camp mates about investments in stocks. Let’s call them camp
- [What is Your Buy-in Price for XYZ stocks?](https://rolfsuey.com/2015/04/what-is-your-buy-in-price-for-xyz-stocks/) - A reader dropped me an email to enquire about my "buy in price" for two REITs counter I owned - CRCT and FCOT. My reply to her as follows. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Hi M, Thank you for reading my blog and I appreciate your email too. First of all, I apologized that it is perhaps not going
- [When is it a Good Time to Buy Gold?](https://rolfsuey.com/2015/06/when-is-it-good-time-to-buy-gold/) - Question : When is a good time to buy gold? Answer : My Mum's Birthday! My First Gold Purchase Sorry folks, I am not a gold expert and no gold price analysis here. Just that today is the first time in my life I am buying Gold. And it is for my Mum's 72nd Lunar
- [Post Financial Independence, What to Do? – Real Life Examples!](https://rolfsuey.com/2015/06/post-financial-independence-what-to-do/) - Within the financial blogosphere, most of us are striving to achieve Financial Independence (FI). For those who have not reach FI and are still slogging as employees now (me included), I will like to share in my following article, few real life examples of post FI people. In my working life, I am fortunate and
- [O&M Companies – If No Rig or OSV Orders, Then What? Specialized Vessels?](https://rolfsuey.com/2015/07/o-companies-if-no-rig-or-osv-orders/) - This month Keppel O&M and Semb Marine had announced orders of US$770mil and US$1bil respectively. Keppel was awarded FLNG and liftboat orders while Semb Marine was awarded a Heavy lift Semi-Sub Crane Vessel. For the two leading O&M companies in Singapore, these are orders after some very quiet 2015 so far when order intake is
- [Stock Rout – What Rolf is Doing for Himself?](https://rolfsuey.com/2015/08/stock-rout-what-rolf-is-doing-for/) - Stock Rout and Long Flight Delay During the black Monday on 24 Aug 2015, I am on my way to China. My flight departs at 0945h, STI stock rout begins 0900h. Then boarded the plane on time, but waited longer than usual onboard. Announcements after announcements of flight delay due to China weather follows. Maybe
- [Black Monday - Benign or Malignant? What Should I do?](https://rolfsuey.com/2015/09/black-monday-benign-or-malignant-what/) - Black Monday on 24 Aug 2015 marks the great fall of China with Shanghai main share index sliding 8.49% in a single day. The last Black Monday was in 19 Oct 1987, where subsequently stocks around the world crashed. So is this Black Monday a warning for greater fall to come? Sea of red: A
- [Which Directions Will Oil Price Head?  What Should I Do Now?](https://rolfsuey.com/2015/08/which-directions-will-oil-price-will/) - Read an article earlier. I extracted some interesting points as below, which I tend to agree. “Oil is inherently cyclical business. The point is remarkably simple but amazing how often it gets forgotten by forecasters and investors. In 150 years, since modern drilling of Edwin Drake’s well in 1859, real prices doubled in space of
- [China stock plunge - From Horse Mouth of Mainland Chinese Residents](https://rolfsuey.com/2015/09/china-stock-plunge-from-horse-mouth-of/) - I was in China when the country experienced one of the greatest stock market crashes on 24 Aug 2015. I took the opportunity to gather some local feedback. Below are some of the comments. Government is more concern about property – Mr. M, Businessman. Mr. M is a businessman from Shanghai at age 50+/-, who also
- [Hazy Outlook Ahead – Cash as Hedge?](https://rolfsuey.com/2015/09/hazy-outlook-ahead-cash-as-hedge/) - In view of the Hazy outlook ahead, I am currently sitting with approx. 75% cash and 25% equity invested. The cash here is all my cash which includes rainy day cash expenses, while the investment excludes property, CPF, other insurance saving plans etc. If you are wondering did I suffer REALISED LOSSES after cashing out? The
- [What Is The Fuss Over Fed Rate Hike And Its Impact On Us?](https://rolfsuey.com/2015/09/what-is-fuss-over-fed-rate-hike-and-its/) - Just what is the impact of Fed rate hike? Why the hoohaa over it? Job is still intact, life is still as per normal, nothing really change? True? Interest rates changes do affect people/businesses. For instance, household who has higher loan with variable interest who has been enjoying zero interest rate for the past years, will see
- [What am I doing during the recent STI rally?](https://rolfsuey.com/2016/03/what-am-i-doing-during-recent-sti-rally/) - Since the start of the year, it has been like a roller coaster ride for STI Index. See above diagram. It was 2883 points from start of year 2016, then the panicky slide to trough at 2532 points (late Jan to Mid Feb) before the recent raging rally above 2900 points. In a recent interview
- [Net Net Shares on SGX](https://rolfsuey.com/2016/05/net-net-shares-on-sgx/) - I read an article on Business Times today about Bloomberg tabulated SGX Shares with Net Cash higher than their Market Capitalisation? In layman term, "Net Cash" means how much a company have in the bank after accounted for borrowed money. This type of investing is also called Net-Net investing made famous by Benjamin Graham. According
- [Gold and Silver – Things you need to know before investing (Part 1)](https://rolfsuey.com/2016/05/gold-and-silver-things-you-need-to-know/) - George Soros piled up gold Gold has been one of the best investment assets since the start of the year increasing by more than 20%. Recently, Billionaire investor George Soros cuts US stocks by 37% and buying gold. Soros bought 1.05 million shares in SPDR Gold Trust, which tracks the price of bullion and took
- [Gold and Silver – A peek into history to understand its impact on the world monetary system (Part 2)](https://rolfsuey.com/2016/05/gold-and-silver-peek-into-history-to/) - In the financial blogosphere in Singapore, there are many articles on the gold and silver that I read before. Normally topics are quite similar. It revolves around, reasons to own gold and silver to hedge against inflation, as insurance for our stock portfolio in case market collapse, returns of the precious metals and various instructions
- [The Fallacy of "How to be Rich" (Part 1)](https://rolfsuey.com/2016/06/the-fallacy-of-how-to-be-rich-part-1/) - My personal view of “how to become rich” has evolved over the years as I gone through several ups and downs in my life. Even the meaning of “rich” took a change within me. Today, it is not just money that matters. Read: Rolf's 5 sets of Priorities in Life (Part 2) In the following,
- [The Fallacy of "How to be Rich" from Investing in Shares (Part 2)](https://rolfsuey.com/2016/06/the-fallacy-of-how-to-be-rich-from/) - This post continued from previous post. Learn to invest in shares? Ads of courses to be rich instantly In recent years I almost devoted most of my free time into learning more about finance and investment. Then I realised that there are many ads from course owners advocating the learning of investing from them so
- [Gold and Silver – History always repeat itself (Part 3)](https://rolfsuey.com/2016/06/gold-and-silver-history-always-repeat/) - Of late, I was totally enthralled by the story of Gold and Silver dated back not just hundreds but thousands years back. This was also narrated in Part 2 of my gold and silver series. While I did my homework and owned this alternative investment since sometime back, it was not until recently that I
- [How good (bad?) is Singapore economy now 2016? - Hear from the ground!](https://rolfsuey.com/2016/07/how-good-bad-is-singapore-economy-now/) - 8-9 months have passed since I first wrote the below articles – How good (bad) is Singapore economy now (Part 1 & 2) last year! How good (bad?) is the Singapore economy now? - Hear from the ground! (Part 1) How good (bad?) is the Singapore economy now? – Global Perspectives (Part 2) Let's hear
- [Rolf’s View of the World and Singapore’s Economy – The whole world has been leveraging up! (Part 3)](https://rolfsuey.com/2016/08/rolfs-view-of-world-and-singapores/) - This post continues from the previous post - Part 1 & Part 2. In my earlier posts, I wrote about the artificial harvest of the past because of the loose monetary policies. In other words, increased borrowings. In this article, let us take a look at the global financial system of today, where the advanced economies of the world are
- [Rolf’s View of the World and Singapore’s Economy – Is Singapore over-leveraged? (Part 4)](https://rolfsuey.com/2016/08/rolfs-view-of-world-and-singapores_21/) - This post is one of the series of posts I written earlier relating to my view on the global economy. In Part 1 & Part 2, I discussed about the artificial harvest of the past and shared my views. Part 3 describes how the entire world has been leveraging up in recent times. This article
- [Latest Updates – Portfolio, Market & Life](https://rolfsuey.com/2016/09/latest-updates-portfolio-market-life/) - Portfolio Brief Cash - 45% Precious metals - 35% Bonds - 10% Stocks - 10% (current value) Excl. Cpf, Insurance and Property I had been very nonchalant on the stock market lately. In fact, since last year, I had been cashing out gradually. Recently, I am placing more emphasis in the understanding, learning and living
- [My First Post](https://rolfsuey.com/2014/03/my-first-post/) - Hi my name is Rolf Suey. This is just my nickname as I prefer to be Anonymous. A short introduction of myself. I am a Singaporean man living through the mid career crisis and suddenly decide to start something that I never thought I will be doing. Yes, it is Blogging! This is the first
- [Reasons for Blogging](https://rolfsuey.com/2014/03/reasons-for-blogging/) - Many years ago my wife started blogging and spent lot of effort on it. I often criticize her and say "bo liao" (boring and waste time). I cannot imagine that now I am blogging also. The main reasons of me starting this blog are mention in my page "Purpose" to discuss on Personal Development Financial Planning
- [Famous Quotes - Famous People](https://rolfsuey.com/2014/03/famous-quotes-famous-people/) - I always believe that at any stage of our life, we always need to have an idol. Someone who inspire us, someone who we want to be! Or at least someone who we learn from. Let's take a look at a few of them that inspire me and their famous Quotes! Issac Newton (1642 – 1727) One
- [Who is Rolf Suey?](https://rolfsuey.com/2014/03/who-is-rolf-suey_13/) - In today high cost, fast pace society, Rolf Suey wanted to earn as much money as possible to pay off his bills and provide his (may mean her as well) family with better life. He leaves home for work at 7am and reach home at 8pm working hard each day hoping his boss will reward him with bigger increment and
- [Understand Yourself? - How to be Happy](https://rolfsuey.com/2014/03/understand-rolf-suey-understand-yourself/) - Earlier post, I blog about who is Rolf Suey. Re-arranging the letters, it means “Yourself” The meaning of life starts with first understanding yourself. Once you done that, start develop yourself and engage in life-long learning and try new things. Apart from yourself, your family, friends and people around you are often the main reason
- [Secrets Of Success - Brian Tracy](https://rolfsuey.com/2014/04/secrets-of-success/) - Some time back, I had come across a very interesting Youtube video from Brian Tracy, a famous American motivational speaker and author. The video is titled Secrets of Self-Made Millionaire. In this post, I had intentionally changed the title to "Secrets of Success". The reason being while I admired the rich, I do not advocate success
- [10 Lessons That Will Help You Excel In Your 30s](https://rolfsuey.com/2014/04/10-lessons-that-will-help-you-excel-in/) - Read an article today that catches my attention by Mark Manson, a South American writer and author. It is so true and meaningful that decide to replicate the in my blog as follows. What happen is the writer turned 30 and sent an email out to readers and asked those of age 37 and older
- [Relationships – What It Means to You Financially?](https://rolfsuey.com/2015/04/relationships-what-it-means-to-you/) - Last week, the country mourned the passing away of our founding PM Mr. Lee Kuan Yew (LKY). While saddened by the demise, it is encouraging to witness millions of Singaporeans TOGETHER to pay their last tributes to Mr. Lee. Excellent Relationships with the Rest of the World Aside from Singaporeans stand UNITED, a significant scene
- [The Seminar of Financial Freedom?](https://rolfsuey.com/2015/04/the-seminar-of-financial-freedom/) - It was more than 10 years ago when I was still very fresh from school into the working world. One day my computer ICQ alerted "Ooh Ooh! Surprisingly, one uni acquaintance named GJ initiated the chat and invited me for lunch over weekend. I am open and more than happy to get to know a
- [生存是技能，生活才是目的! Survival is "Skill", To Live Life is "Objective"!](https://rolfsuey.com/2015/04/survival-is-skill-to-live-life-is/) - 生存是技能，生活才是目的! The above phrase was mentioned many times by a famous Chinese Host named Tu Lei 涂磊. Translated in English as follows, although the wordings are not as meaningful as derived from Chinese character. Survival is "Skill", To Live Life is "Objective"! To Survive in Life……What It Means? To survive, human beings need to acquire skills of
- [Work Life Balance - Part 2: Choice, Discipline & Desire](https://rolfsuey.com/2015/05/work-life-balance-part-2-choice/) - Continuing from the previous post … that in general, I do not agree that without financial freedom, you are unable to achieve Work Life Balance (WLB). For me, WLB is definitely more related to Choice, Discipline and Desire. Choice I believe there still exist many of us who are under no intense pressure to
- [Is Work Life Balance Only For the Financially Freed?](https://rolfsuey.com/2015/05/is-work-life-balance-only-for/) - Time flies this year for me. In a blink of eye, 4 months had past. I had been extremely busy in work since the start of the year. This is primarily because of my company being acquired by a bigger company and an expanded role. Do not envy, no commensurated-salary increment! :( I returned to office
- [Rolf’s One-Third Rule in Life, Work and Investments](https://rolfsuey.com/2015/05/rolfs-one-third-rule-in-life-work-and/) - My wife worked in a westernized environment. Her company MD and most departmental heads are Caucasians. Due to this culture and its business nature, communication skills are of paramount importance. Sometime ago, I was told by my wife that she has a subordinate who performs well in work but not recognised deservingly by the
- [My Personal Finance Story (Part 1) - Started Earning Young, But No Savings!](https://rolfsuey.com/2015/05/my-personal-finance-story-part-1/) - This week, the hottest topic in the financial blogger-sphere is about why we should be financial educated. Although LP is not the source blogger causing this viral, I was influenced by his post “why I am interested in personal finance”, sharing his personal finance journey. To me, sharing of personal experiences always educates more convincingly
- [My Personal Finance Story (Part 2) – Everything Happens For A Reason](https://rolfsuey.com/2015/05/my-personal-finance-story-part-2/) - This post continues from the previous post (Part 1)... Graduation Woes SARs & Debt-ridden After 4 years of hard work graduating Bachelor of Engineering with honours, I was supposed to throw my mortar hat in jubilation. Unfortunately, the hopes of bright prospects were dampened by SARs epidemic. Furthermore, economy is still licking from the pain inflicted from
- [Managing Things You Can’t & Can Control?](https://rolfsuey.com/2015/07/managing-things-you-cant-can-control/) - In my preceding post, I cited my sardine-packed schedules for the past two months. I confess it is unhealthy for me both physically and mentally. To slacken the tension, I already applied for a week's leave this month. I am enthusiastic and look forward to it. I am also anticipating quiet months ahead in work. Things
- [A Test! - So What If He is Financially Rich?](https://rolfsuey.com/2015/07/a-test-so-what-if-he-is-financially-rich/) - Let's do a fun test to see what and how we feel if we were to compare to people who are so call better than us in many aspects. Be it their lifestyle, wealth, health, knowledge or experiences. For simplicity, Mr. or he narrated here can also mean Ms. or she. Mr. X - The
- [To Plan OR Not to Plan?](https://rolfsuey.com/2015/07/to-plan-or-not-to-plan/) - After being extremely busy at work for past months, it’s finally time for a deserved break away from work this week. Thanks to also Hari Raya holiday, I am able to have a 10-day long stay home/Singapore vacation. Frankly, I cannot remember when was the last I took a long leave not to have overseas tour.
- [Li Ka-Shing’s 5 sets of Salary in Career Vs Rolf's 5 sets of Priorities in Life (Part 1)](https://rolfsuey.com/2015/08/li-ka-shings-5-sets-of-salary-in-career/) - Sometime back, I stumbled across a young blogger who discuss about “Advice on Spending Your Money in Your 20s-30s”. What captivates me in the article is about how Li Ka Shing advises the splitting of our salary into 5 sets of funds. For more details, also refer to yahoo news “Li Ka-Shing teaches you how
- [Liew Mun Leong’s Advice in Career & Life](https://rolfsuey.com/2015/07/liew-mun-leongs-advice-in-career-life/) - I was reading “The Edge Magazine” over the weekend and come across an article detailing the speech of Mr. Liew Mun Leong to some 400 NUS graduates. Mr. Liew is the current chairman of Changi Airport Group and ex-CEO of CapitaLand. He is rated one of the most successful CEO in this region. In 2000,
- [Rolf's 5 sets of Priorities in Life (Part 2)](https://rolfsuey.com/2015/08/rolfs-5-sets-of-priorities-in-life-part/) - This post continues from the previous post (Part 1), where I blogged about Li Ka-Shing 5 sets of salary in career. Living in a fast paced society, I was extremely career-driven until I was hampered by a combination of health and career issues several years ago. Thereafter till now, I joined a company that provides me
- [Invest Fair - John Lim (CEO of ARA) on Investments, Entrepreneurism & REITs](https://rolfsuey.com/2015/08/invest-fair-john-lim-ceo-of-ara-on/) - I attended the Invest Fair last Sunday with the primary aim of seeing and hearing John Lim of ARA. This is main event of the day where Diana Ser is the Host and John Lim as the speaker. I had blogged about John Lim earlier. Refer link here. Seeing John Lim in person, and hearing his speech
- [My Portfolio – Updates of Buy and Sell & Rolf's Advices!](https://rolfsuey.com/2015/08/my-portfolio-updates-of-buy-and-sell/) - Time to write about stocks to garner more views! Haha haha...! Readers are most interested to read about stocks tips, actions, companies, rather than my long windedness about life in general. Sorry guys, if I offended you. My sincere apologies. :-) The last time I updated my buy and sell is in May. Refer here. The
- [To the Fore 破風 – Not just about cycling, It’s about Life!](https://rolfsuey.com/2015/09/to-fore-not-just-about-cycling-its/) - I watched the movie "To The Fore 破風" two weeks ago with my wife. It is uncommon for us to watch a Chinese movie on big screen, but I heard some good reviews for this movie, so we decided to give it a go. The movie depicts three young cyclists making inroads to become professionals,
- [Defining My Core Values - Rolf Suey](https://rolfsuey.com/2016/05/defining-my-core-values-rolf-suey/) - I am always inquisitive about the lives of famous or interesting people and enjoy reading their biographies. For successful ones, I probe into why they can be so successful. For the non-successful ones, I seek to understand what causes their failures. I discover that successful people always have their own set of core values in
- [I am meant for bigger things in life than this?](https://rolfsuey.com/2016/06/i-am-meant-for-bigger-things-in-life/) - During a dinner conversation with my wife, I was lamenting on my job. For the past few years, job scope and responsibility have been pretty mundane and limiting. In other words, stagnant! With the recent oil crisis, it is a double whammy. It is not that I have lost drive or not willing to work
- [The Evolution of My Reading Habits](https://rolfsuey.com/2016/07/the-evolution-of-my-reading-habits/) - The lazy reader of the past I still remember the days back in primary school when there is this “Master Reader” contest. The whole idea of the contest is to encourage reading. Pupils who can finish more than thirty story books a year will be awarded with a Master Reader badge. Before that, every pupil
- [6 sentences that you’ll never hear from a successful Singaporean - Rolf's comments!](https://rolfsuey.com/2016/07/6-sentences-that-youll-never-hear-from/) - Below, extracted from an article I read somewhere in Facebook. I added some of my own thoughts too in blue. QUOTE "Being successful is a very subjective term: is it one who is driving a Mercedes and not smiling, or one who is smiling and having bread daily? We don’t want to be a judge for that,
- [Know how to say “NO”!](https://rolfsuey.com/2016/08/know-how-to-say-no/) - I was buying lunch for my family at coffee shop, after I finished mine. I "da pao” (packet) “chai fan" (mixed vegetable rice) which was seriously quite cheap. A mere S$7.90 for 3 pax, with several dishes and 3 big packets of rice separately packed. Good food in Singapore is really cheap. Love it! Since
- [Revisit the past – Should we buy into Banks and Oil and Gas stocks?](https://rolfsuey.com/2016/08/revisit-past-should-we-buy-into-banks/) - I wrote the below posts several months to more than half year ago warning about the banks’ NPL and O&G stocks “not yet bottoming out” during a time when both sectors saw temporarily rebound or in a time when many think that the O&G had floored finally since the “Oil” pain started in late 2014.
- [The first vulgar language comment in my blog](https://rolfsuey.com/2016/08/the-first-vulgar-language-comment-in-my/) - From a harmless and supposingly educational blogpost on Croesus Retail Trust from another blogger LP, refer here, one Anonymous reader gets agitated and accused us of "personal attacks." Seeing the injustice and unreasonable situation, we reasoned back. Especially me, who cannot stand injustice around, talked more. However all comments were well-reasoned and well-manner without any
- [Spending too much time in helping others we hardly cared about](https://rolfsuey.com/2016/08/spending-too-much-time-in-helping/) - This post is my compliment after reading a very well written post/comment by a fellow blogger Andy of Tacomob. His article is: “To stay stress free, take care of your own business and not other’s business” Tacomob means “taking care of my own business” by the way, and I will add on my comments to some
- [Happiness Vs True Happiness!](https://rolfsuey.com/2016/09/happiness-vs-true-happiness/) - Despite the many problems I have in work mainly due to the O&G sector woes, I have never feel so good before in my personal life. So much so that I start to realize what is the difference between Happiness and True Happiness. My philosophy is…. Happiness means having strong relationships with your family members
- [The outcome, journey and mind!](https://rolfsuey.com/2016/09/the-outcome-journey-and-mind/) - This post is inspired by fellow blogger, LP’s latest post where he used mathematical examples to exemplify why the journey is more important than the outcome and that our mind is the determinant of that. Refer to here. Excerpts: “I have 3 million dollars, but I lost 1 million dollars, so I still have 2
- [Are you in a stressful “Dog eat Dog” work environment? How to deal with it?](https://rolfsuey.com/2016/09/are-you-in-stressful-dog-eat-dog-work/) - I received a comment in my earlier blog post Happiness Vs True Happiness, from a reader. Below is the comment, which inspired me for writing this post. Hi Rolf, always enjoyed your enlightening posts. This post is something I have been struggling with as well. I work in the banking industry and it is a very
- [The root cause of today's world problems! How to be saved?](https://rolfsuey.com/2016/09/the-root-cause-of-todays-world-problems/) - Is the world a becoming a much better place to live? Errr…..maybe: Yes, if you are more concern about material success where personal pleasure pride and ego matters a lot to you. No, if you prefer righteousness, compassion for others, peacefulness and joy. If you belong to the “No” camp, then this article will be
- [Good Fruits in Life - Embracing the Truth (Part 1)](https://rolfsuey.com/2016/10/good-fruits-in-life-embracing-truth/) - Have you ever wondered why you are that someone who never seems to achieve the results you desired in life? You are not a bad person, abide by the law, hardworking and quite intelligent but why is it so, that you are not as successful or even happy in life? Blinded from the TRUTH! Over-reliance
- [Good Fruits in Life - The Righteous Way (Part 2)](https://rolfsuey.com/2016/10/good-fruits-in-life-righteous-way-part-2/) - Earlier in Part 1, I talk about embracing the truth as one aspect of Good Fruits in Life. In this article, I will mention briefly on the path we should take to enjoy the true good fruits. Desire, discipline and hardwork just a pre-requisite Very often we hear many successful people saying that we ought
- [Principles of Success - Ray Dalio (Part 1)](https://rolfsuey.com/2019/03/principles-of-success-ray-dalio-part-1/) - Ray Dalio is one of my favourite investment guru. He is clever, truthful and humble and always see the bigger picture that matters. Last year he created new animated mini-serial videos on YouTube after the all famous “How the Economic machine works”. The new video series, Principles for Success focuses on the life principles that have
- [Principles of Success - Ray Dalio (Part 2)](https://rolfsuey.com/2019/03/principles-of-success-ray-dalio-part-2/) - This post continues from Part 1. YOUR TWO BIGGEST BARRIERS Going through the biggest mistakes in life, can give you a “healthy fear” of being wrong. In other words, it will give you deep humility. At the same time, it will not stop you from going after the things you wanted. To succeed, you need
- [Stock Market - Always unpredictable! So is life?](https://rolfsuey.com/2020/03/stock-market-always-unpredictable-so-is/) - Not too long ago, many pundits are predicting a near future crash in the global stock market citing reasons of Trade War, Tensions between US & North Korea or a collapse of global monetary system. While all the above reasons are a concern, never did any stock guru mentioned the outbreak of plague which will
- [Differences between Happiness and Joy - Do you know?](https://rolfsuey.com/2016/12/differences-between-happiness-and-joy/) - Consider below statement: “As long as I am happy, I do no evil or nothing against law, I am clear conscience to my soul, I will live without regrets each day!” In contemporary society, many will think that the above statement is so true. Is it really true? Happiness Everyone wants to be happy. We
- [Good Bye 2016, Hello 2017!](https://rolfsuey.com/2017/01/good-bye-2016-hello-2017/) - This is the first week of 2017. Happy New Year everyone! 2016 ended remarkably well for me and my family as far as intangible non-material aspects of life is concern. My family is healthier both physically and spiritually. Relationships in my house improved tremendously too. Above all, we were blessed with a godsend baby boy due
- [How Real is the Trump-driven Stock Market Bull’s Run lately?](https://rolfsuey.com/2017/02/how-real-is-trump-driven-stock-market/) - I had been away from the stock market for several months now and then I realized that there had been a bull run lately. Dow crossing 20k and STI crossing 3k. Wow... Great according to what Trump tweeted and many reckon he is going to transform the US economy for the better. You really think
- [Baby Delivery Costs at Private Hospitals from 2011 to 2017 (TMC vs Mt Alvernia) - How Much Cash Outlay You Need?](https://rolfsuey.com/2017/05/baby-delivery-costs-at-private/) - Last month was an extremely joyful day for our family as we have our new addition baby boy. So I decided to compile the monetary cost of bringing him to this world. Refer to my earlier post in Dec 2014 when we had our last child. Actual costs from prenatal to delivery Below is a table comparing our 3
- [Rolf's Updates - My Priorities in Life - Health, Finance, Family, Friends & Hobbies.](https://rolfsuey.com/2017/10/rolfs-updates-my-priorities-in-life-7/) - It's been awhile since I last blogged. Apparently, this is only my 6th article this year. During my blogging heydays, regularly 6 or more articles per month is commonplace. Anyway a lot of good things take place since 1 year ago. I reckon I did not miss much, except for the missing all my blogger
- [Think right and live right](https://rolfsuey.com/2017/11/think-right-and-live-right/) - A lot of times, we upgrade ourselves by learning a new skill in order to be more knowledgeable. We tend to focus on what the “upgrade” can do for us externally. For instance, the focus is to have a pay raise, to receive a promotion, to get a better job or maybe even because it is
- [What is Headship](https://rolfsuey.com/2017/12/what-is-headship/) - Headship or leadership is very important in our lives. A country needs a good President/Prime minister and government to lead. A company needs a good CEO and the management team to lead. A household also requires good husband and wife to lead so that the family stays intact without going astray. Consider a human body,
- [Bitcoin - Monkey business](https://rolfsuey.com/2017/12/bitcoin-monkey-business/) - Want to know about *BITCOIN* A lot of monkeys lived near a village.🐒🐒🐒🐒🐒🐒🐒 One day a merchant came to the village to buy these monkeys!🐵🐵🐵🐵🐵🐵 He announced that he will buy the monkeys @ $100 each. 🐵💵 The villagers thought that this man is mad.😇 They thought how can somebody buy stray
- [Rolf's Updates - My Priorities in Life - Health, Finance, Family, Friends & Hobbies – 2018 1Q](https://rolfsuey.com/2018/05/rolfs-updates-my-priorities-in-life-6/) - It's been awhile since I last blogged. Apparently, this is only my 2nd article this year. My priorities had changed drastically since awhile back. Some of you may know. No longer is my happiness or joy derives from the material success or personal glory, but instead for the true purpose in life. Anyway I took this Labour day
- [Rolf's Updates - My Priorities in Life - Health, Finance, Family, Friends & Hobbies – 2019 1Q](https://rolfsuey.com/2019/03/rolfs-updates-my-priorities-in-life-5/) - Hi all, it’s been a while since I am online blogging. This does not mean that I stop writing and sharing. In fact, I have written as many articles about life since the last 2.5 years, but in a more privately manner sharing within my own circle of friends. This week, I took a leave
- [Start My Own, or Stay with Current Job](https://rolfsuey.com/2019/03/start-my-own-or-stay-with-current-job/) - Prompted by another blogger SI, I wrote this article. Addressing the question, there are always the push the and the pull factors. Let’s evaluate both sides of the coins. PUSH Current job is shitty. Lousy pay, lousy boss, lousy colleagues, low satisfaction etc. Time to move on to start my own. To take control of
- [Bitcoin rally - when will it stop?](https://rolfsuey.com/2019/05/bitcoin-rally-when-will-it-stop/) - Bitcoin more than doubled since Feb 2019. Now at US$7.5K per BTC. Read my post on Mar here.
- [Warren Buffett talks about Great Depression - Nobody knows what the market is going to do tomorrow](https://rolfsuey.com/2020/05/warren-buffett-talks-about-great/) - The ever positive and optimistic Warren Buffett investment guru sounds cautious during Berkshire Hathaway (BH) Annual shareholder meeting recently. NOBODY KNOWS WHAT THE MARKET IS GOING TO DO TOMORROW. QUOTED WB “I don’t know, and perhaps with a bias, I don’t believe anybody knows what the market is going to do tomorrow, next week, next month,
- [The Great Depression, Root Causes (Part 2) – Irrational Optimism and Wild Stock Speculation](https://rolfsuey.com/2020/05/the-great-depression-root-causes-part-2/) - Continued from Part 1 here. To understand what led to the crash, we have to unwind one decade before the onset of the 1929 crisis. In 1919, US emerged victorious from world war one. A mood of optimism is in the air. American confidence in the economy fly so high that they feel that good
- [The Great Depression (Part 1) – Contraction of Money Supply & Tax Increase Explained](https://rolfsuey.com/2020/05/the-great-depression-part-1-contraction/) - When I was in secondary school, the Great Depression (GD) use to be a major topic together with World War 1 and 2 in our history lessons. Many years ago, I also watched several documentaries on GD and Great Financial Crisis which kickstart my interest in financial blogging and research. For those who are unaware,
- [Top 50 Financial Planning Blogs, Websites & Influencers in 2020](https://rolfsuey.com/2020/05/top-50-financial-planning-blogs/) - Came across this website where you can read financial Blogs, Podcasts, News Websites, Youtube Channels and RSS: Click: https://blog.feedspot.com/financial_planning_blogs/
- [Ray Dalio’s Concepts of All-Weather Portfolio and Holy Grail Investing](https://rolfsuey.com/2020/06/ray-dalios-concepts-of-all-weather/) - ABOUT RAY DALIO Ray Dalio is one of the richest investors in the world with close to USD20B of net worth. He founded Bridgewater Associate in 1975, which today is the largest Hedge funds in the world with USD160B AUM. As a person, he is full of humility and respect to human beings regardless
- [More Stocks Added – Asian Pay TV Trust, AIMS AMP REIT, Chip Eng Seng](https://rolfsuey.com/2014/05/more-stocks-added-asian-pay-tv-trust/) - In my last post, I mention that “14” is not auspicious number for my stock count. It means “going to die” in Mandarin. Since then, I added 3 more stocks. Asian Pay TV Trust - First biz trust in Asia focused on pay-TV businesses of cable, digital TV and broadband. Seed-asset is Taiwan Broadband Communications Group.
- [Chip Eng Seng – Share Buy Backs & New S$165million HDB contract](https://rolfsuey.com/2014/06/chip-eng-seng-share-buy-backs-new/) - Chip Eng Seng (CES) is one of the construction stocks within my portfolio. CES had commenced a series of buy-backs activities lately. Share buy-back is normally conducted when (a) Management feel that their stock is undervalued on open market (b) Provide bonus incentive compensation plans for employees (c) Protect the company against a takeover threat.
- [Understanding Politics & History broadens our Investment Perspectives – Hong Kong and Tian’anmen Protests affecting SGX companies](https://rolfsuey.com/2014/10/understanding-politics-history-broadens/) - 2014 Hong Kong Protest - Joshua Wong It was yet another an insomniac Friday night yesterday. Instead of tossing in bed, I decided to research on the Hong Kong Protest filling the headlines lately. Hong Kong protesters are voicing their disgust over China recent announcement that the Chief Executive appointed in the 2017 election, must have the approval
- [Invest in a House before a Stock? – Peter Lynch](https://rolfsuey.com/2014/11/invest-in-house-before-stock-peter-lynch/) - Peter Lynch (Wikipedia) one of the most enviable fund manager of all time written in his Book “One Up on Wall Street” that we should buy a house before we invest our money into the stock market. Do I own a house? Lynch suggests that you buy a house before you invest your money in the
- [STI goes below 2,800 - Eat Slowly, Be Patient, and Don't Get Indigestion](https://rolfsuey.com/2016/01/sti-goes-below-2800-eat-slowly-be/) - STI closed at 2729.91 today, officially in a bear market declining 23% since its 1-year high of 3,539.95 on Apr 2015. While many are busy selling yesterday and today, I am busy buying. This is according to my strategy since being patient for several months now. “Patience for a reason!” Remember your strategy is only as
- [The Fallacy of "How to be Rich" from Investing in Real Estates (Part 3)](https://rolfsuey.com/2016/07/the-fallacy-of-how-to-be-rich-from_6/) - This is Part 3 of Rolf's "Fallacy of How to be Rich" series where I will discuss about property / real estate investments. Earlier posts as follows. The Fallacy of "How to be Rich" (Part 1) The Fallacy of "How to be Rich" from Investing in Shares (Part 2) Price of property sure goes up
- [Invest in SGX Companies with Exposures in China OR Japan?](https://rolfsuey.com/2014/11/invest-in-sgx-companies-with-exposures/) - Last week for me, is all about a hectic business travels all over China for me. The trip goes like this, Singapore-Beijing-Tianjing-Nantong-Suzhou-Shanghai-Singapore. Phew….! While in China, I read and heard handful of significant economic news about Japan and China. Hence I decide to blog about the world’s 2nd (China) and 3rd (Japan) biggest economies, and
- [Afford a New 2-Room Flat with S$1,000 Monthly Household Income](https://rolfsuey.com/2014/11/afford-new-2-room-flat-with-s1000/) - Possible? Photo adapted from Singapore Matters'
- [Oil Price Slump – My Portfolio, What Approach & What Lessons Learnt](https://rolfsuey.com/2014/12/oil-price-slump-my-portfolio-what/) - This post continues from previous post... Despite exceptional last quarterly results, most of my O&G stock prices took a nose-dived, inherited from the 40% plummeted oil price, since Mid-Oct. Vallianz, Nam Cheong and Swissco all suffered. I accumulated SembCorp Ind (4.7) and Ezion (1.5) after the initial oil plunge. I also own KrisEnergy, but quite merely
- [Baby Delivery Costs at Private Hospitals (TMC vs Mt Alvernia) - How Much Cash Outlay You Need?](https://rolfsuey.com/2014/12/baby-delivery-costs-at-private-2/) - December is normally a month of high spirits for most. It is the time we celebrate Christmas and look forward to a brand New Year. Kids enjoyed their school holidays and adults taking a breather from work by clearing annual leaves and looking forward to receiving bonuses (if any)! For me, it is bundle of joys,
- [Failure is Not an Option, It's a Must - Nassim Nicholas Taleb](https://rolfsuey.com/2014/12/failure-is-not-option-its-must-nassim/) - Read an interesting article on Business Times today. It headlines “Failure is Not an Option, It’s a Must.” The article was about an interview with author and thinker Nassim Nicholas Taleb, compiled by writer Genevieve Cua. Below is what Mr. Taleb has to say. Professor Nassim Nicholas Taleb “Universities teach you not to take risks. Because if
- [How Interest Rates Impact Us](https://rolfsuey.com/2014/12/how-interest-rate-impact-us/) - Yesterday my wife asked me how lower interest rates impact us aside from lower mortgage and lower fixed deposit rates. Having studied economics in my junior colleague for 2 years and another ½ year in university, I seems to know, but stumble to explain convincingly. Hence I decide to write a post on this topic.
- [Good Bye 2014, Hello 2015!](https://rolfsuey.com/2014/12/good-bye-2014-hello-2015/) - It is the last day of 2014. Despite feeling tired having only slept few hours last night; I cannot miss blogging my last article of the year. Just like many other bloggers …*Yawn*…, I blogged about my life and portfolio in 2014 earlier. Refer link here. For now, I lay out the following article, overviewing
- [“Street Smarts - Jim Rogers” (Part 2) Investment Advice](https://rolfsuey.com/2015/02/street-smarts-jim-rogers-part-2/) - This post continued from previous post (Part 1)... This is actually part 2 of of Jim Rogers' Street Smarts' book review in my blog. In my previous post, I focused on his advice on personal developments. In this article, I will focused on Rogers advice on investments. I will conclude with a final post later detailing Rogers' views
- [Why Short Sellers Are Good](https://rolfsuey.com/2015/01/why-short-sellers-are-good/) - Finished reading Jim Rogers Street Smarts last month, and he explained why short sellers are good to the market. Difference between Hedge and Mutual Fund The difference between hedge and mutual fund is ability to hedge which means can sell short. Mutual fund only can buy. What is Short Selling You buy a stock at
- [Stock Markets Toppish – What Should I Do?](https://rolfsuey.com/2015/03/stock-markets-toppish-what-should-i-do/) - Markets hitting highs Stock Markets had been smashing record high lately. Nasdaq topped 5,000 level for the first time since Mar 2000. Apple’s market cap hit US$775 billion. The Dow and S&P 500 also routinely hit highs for the past year. The Japanese Nikkei average closing above 19,000 for the first time since April 2000.
- [Does Long Term Investing Always Work?](https://rolfsuey.com/2015/09/does-long-term-investing-always-works/) - Legendary investor Warren Buffett is almost every investor's favourite including myself. He was born 1930, started investing at age 11 years old, becomes a millionaire after 20 years of investing, and a billionaire in 1990. Today, his net worth is US$67 billion. Did he go through Great Depression? No. World War 1 or 2? No.
- [Good Investing Is Boring](https://rolfsuey.com/2015/09/good-investing-is-boring/) - Agree? If George Soros is correct, what if investing is my current number 1 hobby? Boring hobby? What if I am having fun in investing, does that automatically means that it is bad investing?
- [The 5 stages of an empire - Ray Dalio](https://rolfsuey.com/2015/11/the-5-stages-of-empire-ray-dalio/) - I have been reading Ray Dalio’s Economic Principles that can be downloaded from the internet. I came across this interesting topic on the different stages of countries evolvement. So I thought it is good to share. According to Dalio, there are 5 stages of economic conditions throughout the lifecycle of a typical empire. 1) countries
- [How good (bad?) is the Singapore economy now? - Hear from the ground! (Part 1)](https://rolfsuey.com/2015/11/how-good-bad-is-singapore-economy-now-2/) - Economy? The good news – not too bad! Unemployment is still low (though creeping up), and most jobs are intact. It is life and business as usual. The bad news – the worst has yet to come? Oil & Gas Industry Since I had been an “oily” man working in the oil and gas industry
- [How good (bad?) is the Singapore economy now? – Global Perspectives (Part 2)](https://rolfsuey.com/2015/11/how-good-bad-is-singapore-economy-now_9/) - On the eve of the public holiday - Deepavali, I took leave today. It feels good to be relaxing on a Monday. I decided to continue where I left behind. In my earlier post, I discussed about the current situation of Singapore economy based on an informal survey, gathered from my own experience as well as collected during
- [Precisely the wrong time for an interest hike! Market is manipulated by a bunch of clowns! What should you do? - Marc Faber](https://rolfsuey.com/2015/12/precisely-wrong-time-for-interest-hike/) - Marc Faber, the Swiss investor based in Thailand and the publisher of gloom boom doom report said the above. As from wiki, Faber is credited for advising his clients to get out of the stock market before the October 1987 crash. Faber predicted the rise of oil, precious metals, other commodities, emerging markets, and especially
- [Is this a right time to buy: DBS, OCBC, UOB or Keppel and Sembcorp?](https://rolfsuey.com/2016/01/is-this-right-time-to-buy-dbs-ocbc-uob/) - When China circuit breakers triggered twice this week, STI plunged. Yes, three bank stocks and two Singapore conglomerate Keppel Corp and Sembcorp with profits mainly made up from Oil and Gas industry have their share price tanked as well. Many will reckon that this is the best time to buy these blue chips. However, did
- [Invest Asia 2016 Seminar – Key Takeaways from Kishore Mahbubani et al on ASEAN!](https://rolfsuey.com/2016/01/invest-asia-2016-seminar-key-takeaways/) - On a Saturday morning today, I attended a half day seminar - Invest Asia 2016 jointly organised by Maybank Kim Eng and Business Times. For more about the seminar, refer to website here. It features Kishore Mahbubani – Dean and Professor of LKY School of Public Policy, which is one of the reasons why I attended
- [My Major Stock Portfolio Selloffs in 2015 - I use more "Gut" than "Logic"!](https://rolfsuey.com/2016/01/my-major-stock-portfolio-selloffs-in/) - Last year, I did two major sell-off from my portfolio. Eventually I ended up with as much as 75% cash from my stock-bond-cash-portfolio at one point and continue to hold more than 60% cash up to end of last year. The first sell-off was just before 22 Aug 2015 when somehow I do not feel
- [Bought DBS and OCBC today! How I hedge my bets!](https://rolfsuey.com/2016/01/bought-dbs-and-ocbc-today-how-i-hedge/) - Bought in few hundred shares each of DBS@14.19 & OCBC@7.84 today. 1st Scenario - Technical Rebound Not that I am bullish about banks now, but for reasons of speculative trading and hoping for a technical rebound after I think banks were truly oversold since the start of the year. This period also see the local
- [My "VALUE?" stocks keep plunging. What should I do?](https://rolfsuey.com/2016/01/my-value-stocks-keep-plunging-what/) - Offshore, bank or telco stocks, which were glitter with success in the last few years, are seeing signs of precipice decline in one of the most difficult times since the last GFC. Since the start of the year, blue chips such as Keppel, Sembcorp Industries, Sembcorp Marine, Singtel, Starhub, M1, DBS, OCBC and UOB are
- [Latest Updates - Portfolio, Market and Life  (The Good and Bad News)](https://rolfsuey.com/2016/11/latest-updates-portfolio-market-and/) - It's been more than three weeks since my last post. This is probably one of the longest breaks between posts for me since I started blogging in Mar 2014. Perhaps, it will be the case going forward at least for a while. To start, let us recapitulate the last update on my portfolio, market and life, here.
- [Three important traits that most retail stock investors need to have for good success](https://rolfsuey.com/2017/04/three-important-traits-that-most-retail/) - 1st trait I remember in the last few years when I was really fervent into investment. No matter how busy I was with my family or work, I almost always will spend equal or more time and effort into learning to perfect my investment skills, even at expense of my sleep hours. This trait I
- [Recent Investment Action](https://rolfsuey.com/2019/04/recent-investment-action/) - It's been awhile since any changes to my investment portfolio, except that lately, I splashed out some monies into: 1) Bitcoin (BTC) Refer to my post last month, here. At current pricing, I continue to put my belief in BTC's upside. I started accumulating at US$3-4K, although now its US$5K+, it is still 400% down
- [HDB Upgrader – why it is so important to buy from a reputable developer?](https://rolfsuey.com/2019/05/hdb-upgrader-why-it-is-so-important-to/) - Collapse of Laurel Tree and Sycamore Tree projects Today business times reported two condo projects Laurel Tree along Hillview Terrace and Sycamore Tree in Joo Chiat under receiverships. Developer is vehicles of Tan Hock Keng. TOP supposed to be in Dec 2016, but had stalled due to insufficient funds. Receiver told buyers either: 1) cough
- [Vietnam - the country can potentially benefit from US-China Trade War?](https://rolfsuey.com/2019/05/vietnam-country-can-potentially-benefit/) - Which country can benefit from the trade war? Definitely not Singapore. We are very dependent on trade of these two countries and it’s going to be disruptive to our economy. But one country that can benefit is Vietnam. Background of Vietnam Vietnam is a country that is very similar to China few decades ago. It
- [Rolf's Updates - My Priorities in Life - Health, Finance, Family, Friends & Hobbies – 2019 2Q](https://rolfsuey.com/2019/07/rolfs-updates-my-priorities-in-life-4/) - Without specific reason, I was prompted to update my blog. While deliberating for a topic, it struck me that my last H2F3 updates was 3-4 months ago. Refer here for what does H2F3 (Health, Hobbies, Family, Finance & Friends) means. Refer here for Q12019 H2F3 update. So here I am, writing to update 2019Q2 H2F3. At the day of
- [Should We Buy Stocks (STI) Now? Or Wait Another Few More Months? (Part 1)](https://rolfsuey.com/2020/03/should-we-buy-stocks-sti-now-or-wait/) - Patience is Wisdom Last year, a very good friend who is successful in career and family management (4 kids) told me that he just attended courses on stocks investments, and he is excited to put money into the market. Of course those so-called Guru teacher has strongly encourage their investment “now” and “not wait”. My
- [Should We Buy Stocks (STI) Now? Or Wait Another Few More Months? (Part 2)](https://rolfsuey.com/2020/03/should-we-buy-stocks-sti-now-or-wait_15/) - From previous post. Let’s look at STI chart below. The highest peak is Apr 2018 with STI >3.5K. Bottom out in Oct 2018. The sell-off is led by US-China Trade war. Covid-19 Crisis Now let’s look at this virus triggered crisis. 12 Jan 2020, STI is still >3.2K. In fact up to 12 Feb 2020,
- [Covid-19, GFC, SARs – Government packages](https://rolfsuey.com/2020/03/covid-19-gfc-sars-government-packages/) - Is it too early to rejoice over S$48B of Resilience Package? On one hand, I am glad that the government is providing help. On the other hand, I am really worried for the long-term future of Singapore. Also worrying for me is the mindset of many Singaporeans who always think that our Government is very rich
- [Crisis wipe out your winnings? Be wise rather than clever!](https://rolfsuey.com/2020/03/crisis-wipe-out-your-winnings-be-wise/) - Due to the school Holidays, I took leave for a few days to be with all my kids. Initial plan is to go several places for excursions and go to nice restaurants, but due to the Covid-19 outbreak, we decide to stay at home. Health above everything! End of the day, the priority is to
- [Stocks on Watchlist](https://rolfsuey.com/2020/03/stocks-on-watchlist/) - Below stocks on watchlist. Bracket is showing min price / max price for last 15 years followed by current price recently. REITS SPH reit ($0.9 Jan 16 / 1.15 Nov 19) - $0.695 CapitaChina ($0.47 Nov 09 / 2.16 Nov 07) - $0.965 Keppel DC Reit ($0.95 Dec 14 / 2.53 Mar 20) - $1.77
- [Why Deflation, QE, Helicopter Money, then Inflation, Hyperinflation then Depression?](https://rolfsuey.com/2020/04/why-deflation-qe-helicopter-money-then/) - Was riding high up on stocks up to 2015, and why did I sold most of my stocks back then and went into hibernation. Or perhaps, I say focus on the most important things in my life aside from money back then until recently when I am back to the blogosphere again. One of the
- [How Rich is Singapore? Our reserves! (Part 2)](https://rolfsuey.com/2020/04/how-rich-is-singapore-our-reserves-part/) - In the previous article (refer Part 1), it was mentioned that SG wealth in terms of international reserves in USD is 280 Billions. That is close to ~400 Billions in SGD. Did some more research and digging to verify the numbers by looking at the wealth of Singapore over the last 50 over years. Managed
- [What Should I Do in Stock Market Now?](https://rolfsuey.com/2020/04/what-should-i-do-now-in-stock-market-now/) - This topic is probably one of the most talked about now? What should I do in the stock market now? “If I have x amount of money, and tell me which stocks should I invest so that I can make maximum profit in the shortest time. It is not my concern about understanding the stock
- [Wall Street Vs Main Street (Part 1) - Irrational Exuberance](https://rolfsuey.com/2020/04/wall-street-vs-main-street-part-1/) - More than 26 million Americans have filed for unemployment aid since mid-March due to the pandemic. Data showed that US is nowhere near lifting of restrictions and the economic situation in the main street is daunting. Oil price reached its historical low entering into negative territory when storage scarcity poses huge problem due to low
- [What kind of Optimism we need now?](https://rolfsuey.com/2020/05/what-kind-of-optimism-we-need-now/) - In the last few articles I wrote on the Great Depression. It is somewhat negative energy. To clarify, I am not a pessimist. I am always labelled as an optimist by my friends and colleagues. I can be brutally honest, but I am a person with positive energy. BE POSITIVE, THERE WILL BE SOLUTION Three
- [Why STI Index investing is not as lucrative, and long term future is not bright?](https://rolfsuey.com/2020/05/why-sti-index-investing-is-not-as/) - What is STI Investing The FTSE Straits Times Index (STI) is a capitalisation-weighted stock market index that is regarded as the benchmark index for the Singapore stock market. It tracks the performance of the top 30 companies listed on the Singapore Exchange. See below. You can invest in STI via Exchange Traded Funds (ETF) such
- [Why Warren Buffett keeps selling....](https://rolfsuey.com/2020/05/why-warren-buffett-keeps-selling/) - BUFFETT'S REPORT CARD Report card of Warrant Buffett’s Berkshire Hathaway lately after the May 15 SEC Filling - Report in May states that BH sell off 84% stake in Goldman Sachs. Still owns 1.9M shares - Sell US Bancorp and BNY Mellon - Sell JPMorgan Chase & Co by 3% - Fully exit Travelers and
- [Understand the divergence of Physical versus Paper precious metals? Where and how gold and silver is traded, and what determines its price](https://rolfsuey.com/2020/05/understand-divergence-of-physical/) - WHERE IS GOLD TRADED? LBMA London Bullion Market Association (LBMA) in UK is the largest over-the-counters (OTC) clearing house in the world. This is also called the spot market. OTC refers to trading usually done directly between two parties in an agreement and can be done electronically or by phone via broker-dealer network. There is
- [Which Singapore universities (NUS, NTU or SMU) courses should you choose for your children?](https://rolfsuey.com/2020/05/which-singapore-universities-nus-ntu-or/) - More than 20 years ago I was met with the decision of which universities and courses to choose from. I have no adviser since my mum is a widow with no education and none of my siblings have any University experiences back then. Most of my relatives were not highly educated too. I have to
- [Impact to Singapore and Rest of World? US new passed bill to delist some Chinese companies in US stock exchanges!](https://rolfsuey.com/2020/05/impact-to-singapore-and-rest-of-world/) - Last week US senate passed a bill to potentially delist Chinese companies from American stock exchange if these companies do not comply with the “Holding Foreign Companies Accountable Act” for three consecutive years. The Public Company Accounting Oversight Board’s (PCAOB) will enact the act to ensure audits of foreign US listed firms to be
- [Rolf’s ANALYSIS to help you decide to INVEST or pay down MORTGAGE first?](https://rolfsuey.com/2020/05/rolfs-analysis-to-help-you-decide-to_29/) - Should we quickly pay down our house mortgage with all our excess monies less expenses, or keep should we use our extra income to invest? Before we start, let us do a simple mortgage analysis. Assuming 2% interest p.a. on average, below is a table depicting different loan amounts with varying loan periods of 30,
- [If I have excess 100K now, how should I invest over the next one year?](https://rolfsuey.com/2020/05/if-i-have-excess-100k-now-how-should-i/) - If I have excess 100K, how should I invest over the next one year or so? This is assuming I already have consider all factors such as emergency funds and personal expenses to be taken care of and have decided not to pay down your mortgage. This excess 100K is the amount in the worst
- [Finding Value in Valuetronics (BN2.SI)](https://rolfsuey.com/2020/06/finding-value-in-valuetronics-bn2si/) - SHARE PRICE TUMBLES AND WHY? Valuetronics share price has fell more than 10 percent this last week. This is primarily because of the announcement of FY profit ending 31 March 2020 falling 10.3 percent to HK$179m compare to HK$199.5 million a year ago. But the biggest risk is not just the Covid19 pandemic leading to
- [Recent Stocks Purchased - Should we Take Profit Now in view of the Stock Market Rally?](https://rolfsuey.com/2020/06/recent-stocks-purchased-should-we-take/) - The market has rallied and you can see so many topics of a V-shaped post Covid recovery. Since March, I started buying stocks amid in a cautious smaller, and slower manner. Refer to my earlier article which I explained why and how we should invest. If I have excess 100K now, how should I invest
- [Rolf 's Insight : Sembcorp Marine Rights Issues to raise SGD2.1B in a demerger deal with Sembcorp Industries](https://rolfsuey.com/2020/06/rolf-s-insight-sembcorp-marine-rights/) - Undoubtedly, this is the topic of the day for Singapore stock exchange. Many analysts have covered this topic, but since I am personally in the sector for close to two decades, I also will like to share my humble views here and hopefully it can provide added insight on top of the analysts’ or any
- [To Merge Sembcorp Marine and Keppel O&M is NOT up to Temasek and Shareholders alone? Anti-competition Authorities may REJECT!](https://rolfsuey.com/2020/06/to-merge-sembcorp-marine-and-keppel-o/) - The recent Sembcorp saga is the much talk about topic in town. I read in blogs, articles and forums and everyone is talking about the merger of Keppel Offshore and Marine (KOM) and Sembcorp Marine (SCM). Perhaps some investors are also tempted to invest because of the merger that can potentially drives up the share
- [My Wife's Company Ask Her to Take 50% Paycut – What is My Advice?](https://rolfsuey.com/2020/06/my-wifes-company-ask-her-to-take-50/) - My wife is working in the MICE industry with mostly international traveling customers. With the pandemic restricting travel, the company is in dire situation since the Covid19 ordeal. Workforce has been cut by more than 50 percent since March. With cash extremely tight, the company is barely keeping afloat by Singapore government’s budget aid. There
- [Will Keppel Corp and DBS support the defunct KrisEnergy’s fund raising?](https://rolfsuey.com/2020/06/will-keppel-corp-and-dbs-support/) - Keppel is a major shareholder of KrisEnergy holding close to 40% of its shares. KrisEnergy is an upstream oil and gas company with 11 assets in Bangladesh, Cambodia, Indonesia, Thailand and Vietnam. The company is in serious financial trouble, with this week creditor Rubicon Vantage presented a winding-up petition. Unfortunately, I am also a
- [Will Silver Explodes in Price?](https://rolfsuey.com/2020/06/will-silver-explodes-in-price/) - Silver is at its all-time low price compares to gold. The gold-silver-ratio which is the price of gold over the price of silver per oz is close to 100 now. Gold price is USD1720 and silver at USD17.3 per oz currently. Source: goldprice.org And if you look at historical chart below, gold-silver-ratio at the end 1979
- [Rolf’s Portfolio, Stocks Mix and Investment Strategy](https://rolfsuey.com/2020/06/rolfs-portfolio-stocks-mix-and/) - PORTFOLIO In the past few months, I continued to increase the percentage of my shares in my overall portfolio. In April, I wrote in my blog post Rolf's Updates - My Priorities in Life - Health, Finance, Family, Friends & Hobbies – 2020 1Q , that excluding properties and CPF and jewelleries; I had 51%
- [My Humble Career Experiences and Advices in the Midst of Current Job Turbulence](https://rolfsuey.com/2020/06/my-humble-career-experiences-and/) - For almost the last two decades of my career, I had experienced many ups and downs. Guess it will be no different for most of us in our careers. Twenty years is not that long yet, but sufficient for me to see and learn so many things. My career experience started during my army days
- [How Much Does It Cost in Detail to Raise a Child in Singapore for Low, Middle and High Income Households](https://rolfsuey.com/2020/06/how-much-does-it-cost-in-detail-to/) - Singapore is one of the most expensive countries in the world to raise a child. Even my foreign expat friends who stay here in Singapore complain about the high living costs. I have several children myself, aside from those I supported in overseas. Recently I became curious on the cost of raising a child in
- [My Company Will Be Undergoing Restructuring. What is My Backup Plan?](https://rolfsuey.com/2020/06/my-company-will-be-undergoing/) - For most of us, the economic downturn is not doing the world well as far as our financial stability is concerned. In the coming months, I am expecting more jobs to be shed, and household income to either shrink or will not grow as fast as from the previous years. MY COMPANY WILL BE UNDERGOING
- [Retail Slump in May 2020](https://rolfsuey.com/2020/07/retail-slump-in-may-2020/) - Now, we know what is essential! source: Business Times
- [What Will Happen to STI After The Election? - Peek Back 20 Years](https://rolfsuey.com/2020/07/what-will-happen-to-sti-after-election/) - The Singapore election is just less than one week away. I am trying to analyse if there is any particular market trend of STI worth noting, looking back at the past elections. All the charts below are from Yahoo finance. 2020 Election, 10 July, Friday Corona Virus Crisis; 29 Mar 2020 low: 2389 -> current: 2652
- [Singapore PMETs suffer in their jobs (Real life examples here)! Is this the main reason why PAP has one of the worst performances in this year SG General Election?](https://rolfsuey.com/2020/07/singapore-pmets-suffer-in-their-jobs/) - I waited after the General Election to write this article. As a Financial Blogger, I do not wish that my writing to have political effect on the GE. As much as I am interested in the topic of Finance, I followed closely on the Politics of Singapore. After all, Singapore is a place that I
- [Rolf’s Stock Portfolio – Why more than 50 percent is in Tech Stocks?](https://rolfsuey.com/2020/07/rolfs-stock-portfolio-why-more-than-50/) - Since the covid crisis, I had invested more than SGD300-400K into stocks. The amount ploughed into stocks are from my cash in bank as well as profits realised from gold and silver, bitcoin, stocks. In particular Keppel DC REIT returned more than 2 folds and I re-invested into the same stock to make it a
- [Tech Stocks at All-Time-High – (Part 1) Bust Soon? or Can We Still Buy Now?](https://rolfsuey.com/2020/07/tech-stocks-at-all-time-high-part-1/) - Tech Stocks is at All-Time-High (ATH) now! The Invesco QQQ ETF that tracks the Nasdaq 100 index is at a peak of close to 260. The last pullback was in March with a drastic collapse of 27%. Prior to that, was in December 2018 with a tumble of 21%. Dilemma? If you buy into Tech
- [Great News for SGX - SGX RegCo signed MOU with NASDAQ to Enhance Dual Listing](https://rolfsuey.com/2020/07/great-news-for-sgx-sgx-regco-signed-mou/) - SGX RegCo and Nasdaq announce regulatory cooperation to help companies access capital in both jurisdictions https://www.sgx.com/media-centre/20200721-sgx-regco-and-nasdaq-announce-regulatory-cooperation-help-companies-access Singapore Exchange Regulation (SGX RegCo) and Nasdaq have extended their partnership by entering an agreement to cooperate on regulatory matters, building on an existing collaboration to help companies access capital markets funding in both jurisdictions. The latest cooperation agreement
- [Singaporeans’ Gross Monthly Income 2009 to 2019 – Check Out Which Percentile You Belong To!](https://rolfsuey.com/2020/07/singaporeans-gross-monthly-income-2009/) - MOM released data this month for Gross monthly salary excluding employer CPF contribution recorded from 2009 to June 2019. This is out of a population of 2.18 Million workforce (15 years and above excluding NSF), and with data recorded in June 2019. Summary below with charts created by myself with the input of MOM data.
- [Tech Stocks at All-Time-High – (Part 2) Bust? or Can We Still Buy Now?](https://rolfsuey.com/2020/07/tech-stocks-at-all-time-high-part-2/) - From Part 1, I asked myself seven questions (see below) with regards to the above-mentioned topic. Thus far, I answered 4 questions. In this post, I will provide viewpoints for the rest of the questions (in blue below). 1. Is it advisable to invest at ATH prices? 2. Will there be a second-wave crash or
- [My Wife Found a Better Job in Less than 2 Months - With My Advices! (Part 1). Her ex-Company Asked Her to Take 50% Paycut!](https://rolfsuey.com/2020/07/my-wife-found-better-job-in-less-than-2/) - Last month, I wrote about my wife’s company (ex now) asking her to take a 50% pay cut. In fact, my wife clarified it’s 60 percent pay cut with pressure to sign the new agreement immediately. And because her role is mainly to manage projects, the workload is the same, from backlog orders concluded earlier.
- [My Wife Found a New Job – The Applications, Interviews, And The Decision! (Part 2)](https://rolfsuey.com/2020/08/my-wife-found-new-job-applications/) - Earlier articles: My Wife's Company Ask Her to Take 50% Paycut – What is My Advice? My Wife Found a Better Job in Less than 2 Months - With My Advices! (Part 1). Her ex-Company Asked Her to Take 50% Paycut! JOB APPLICATIONS My wife sent a total of 15 applications via Linkedin. Most applications
- [Amazon, NOT Just An E-Commerce Company. Growth is Boundary-less?](https://rolfsuey.com/2020/08/amazon-not-just-e-commerce-company/) - Tech giants like Apple, Amazon, Alphabet and Facebook have all reported quarterly figures end last week and there is a big Tech rally due to the higher than expected earnings. Amazon reported net income USD5.2B, compared to USD2.6B in the last quarter. This is on the back of 40% revenue increase to USD88.9B compare to
- [What is the Repair OPEX for My COE Car?](https://rolfsuey.com/2020/08/what-is-repair-opex-for-my-coe-car/) - My current car is 11 years old Toyota Estima registered in May 2009. I purchased the second-hand car in Mid 2017 with a mileage of ~100K. It was decent, since yearly mileage is less than 15K which is considered low. Last year, I extended 10-year COE, which I also shared a post. Renew Car COE
- [CapitaLand Retail China Trust (CRCT) – Why it is a Dividend and Growth Gem & Why It Is Greatly Undervalued Compared to the Rest of SGX REITs and Trusts?](https://rolfsuey.com/2020/08/capitaland-retail-china-trust-crct-why/) - CapitaLand Retail China Trust (CRCT) – Stock Code: AU8U Source: https://www.crct.com.sg CRCT just posted their quarterly result recently with a DPU of 3.02 Singapore cents for half year ended 30 June. Due to Covid-19, the DPU for the first half of the year reported is down ~40 per cent from a year ago -DPU of
- [Why Even a Covid-19 Second-Wave Will Not Crash the Stock Market by Much?](https://rolfsuey.com/2020/08/why-even-covid-19-second-wave-will-not/) - Last week, I met with a close friend of mine for coffee. He was saying about a possible second-wave of attack inflicting more severe destruction than the first, causing a major stock crash. However, I do not entirely agree, and I explained to him why, which he also acknowledged and accepted peacefully. Europe is enjoying
- [I Finally Made My Will and LPA – It Is So Important!](https://rolfsuey.com/2020/08/i-finally-made-my-will-and-lpa-it-is-so/) - Last month, after almost a decade of first saying I want to make my will, I finally did it. Thanks to a close friend who end of last year reiterated to me, the importance of it. I have made my Will and Lasting Power of Attorney (LPA) at PKWA Law firm. My lawyer is a
- [Frugal is Good, but Cheap is Not! Give Freely and Become Wealthy; Be Stingy and Lose Everything!](https://rolfsuey.com/2020/08/frugal-is-good-but-cheap-is-not-give/) - There are many stories told in the financial blogosphere on how we can minimise our expenses. While keeping expenses low is one of the great virtues, there is fine line between “Frugal and thrifty” and “Cheap and stingy”. FRUGAL AND THRIFTY Definition Frugal and thrifty people, live simply and use their money and resources carefully
- [Warren Buffett Adapts to the New Normal and Joins the Gold Rush](https://rolfsuey.com/2020/08/warren-buffett-adapts-to-new-normal-and/) - Warren Buffett's Berkshire Hathaway (BH) joins the gold rush by buying into one of the largest gold mining companies, Barrick Gold Corp, spending USD563 million. Ok… all fairness to Oracle of Omaha that BH is buying into a gold mining company and not really the actual gold itself. That said, what is the good
- [Good Investment Means Owning Good Stock/Asset - True or False?](https://rolfsuey.com/2020/08/good-investment-means-owning-good/) - On 18 June, 2020 I wrote an article “Will Silver Explodes in Price?” when gold-silver-ratio is close to100 and Silver per oz cost USD17.3. A READER’S COMMENT ON SILVER A reader commented on my post and that such story of Gold/Silver ratio still exist! The reader also shared his blog post on 2018,
- [Rolf's Salary and Income Report Analysis – 2004 to c2020](https://rolfsuey.com/2020/08/rolfs-salary-and-income-report-analysis/) - Inspired by blogger friend Kevin of Turtle Investor, whom I hold high regards of in terms of his personality and his writings, I dug into my annual income tax return recently, and started to tabulate my salary and earnings. Over the years, I have seen many financial bloggers posted their Investment returns, but rarely have
- [Tale of 3 Jobseekers - Age 40, 50 plus, and 60. Who Found a Job First? Does Age Matters?](https://rolfsuey.com/2020/08/tale-of-3-jobseekers-age-40-50-plus-and/) - Facing one of the worst crises of all time, and with increasing number of workers being laid off or furloughed, it is tough times for jobseekers. The task of securing a job will be even tougher when you are 40 years of age or older, with your whole life of work experiences mainly within the
- [Find Out Your Credit Worthiness - Rolf's Credit Bureau Report](https://rolfsuey.com/2020/09/find-out-your-credit-worthiness-rolfs/) - Have you been receiving telemarketing calls lately from people asking if you want to borrow money at low interest rate? If yes, then you probably felt quite annoyed at times. However, the good news is likely because you have good credit worthiness. How do these financial companies assess your credit worthiness? CREDIT BUREAU SINGAPORE (CBS) Do
- [Rolf’s Updates of Recent Stocks Buy and Sell - Reasons](https://rolfsuey.com/2020/09/rolfs-updates-of-recent-stocks-buy-and-2/) - Below you will find my last month or so, trades and the reasons of buy/sell. Some trades are adding to my existing holdings. There are many reasons to justify each action, but I will merely mention those that matters most, or at least those that are most captivating. Anyway, please also find my Portfolio last
- [Rolf's Portfolio - 4 Sep 2020](https://rolfsuey.com/2020/09/rolfs-portfolio-4-sep-2020/) - Overall portfolio My portfolio as of 4 Sep 2020 comprise of approx. half shares and half cash – bonds - precious metals. My bonds are as liquid as cash, as they comprise of mainly SSB and FCT3.65 corporate bonds. There are 1% cash in SRS for potentially exercising of rights issues, and 1% in CDA
- [Singaporeans Don’t Lack Entrepreneurial Spirit and Capability? (Part 1)](https://rolfsuey.com/2020/09/singaporeans-dont-lack-entrepreneurial/) - Earlier, I highlighted the flaws of seduction model and the need of penetration model. Many may feel that the fundamental problems why Singapore are unable to build companies to “penetrate” into international is due to Singaporeans’ lack of entrepreneurial spirit and/or the way our education system is structured to be lack of creativity. Is Singapore
- [Will I Become An Entrepreneur Or Encourages My Children To Be One in Singapore? (Part 2)](https://rolfsuey.com/2020/09/will-i-become-entrepreneur-or/) - This is a follow up on Part 1. Read : Singaporeans Don’t Lack Entrepreneurial Spirit and Capability? (Part 1) It is going to be a long post but, bear with me. Yes, I love to be entrepreneur, but risk and feasibility have to be assessed, especially in Singapore. You can call me “chicken” or one that
- [Rolf’s Household Expenses to Household Income](https://rolfsuey.com/2020/09/rolfs-household-expenses-to-household/) - This is first time since I started blogging to publish data related to my household expenses. Below are data reflecting the percentage of My Household Expenses to My Take-Home Household Income. The data is compiled from year 2014 to c2020 (forecast), and below pie chart depicts the average data over the last seven years. 2020
- [Is "NOW" The Right Time To Invest?](https://rolfsuey.com/2020/09/is-now-right-time-to-invest/) - My foreign colleague out of nowhere asked me last week if “NOW” is the right time to invest? Many seasoned investors will tell you there is no right time to invest. You should just “start” investing young, and the longer you are invested in the market, the better the investment. THIS IS TRUE! Nonetheless, it
- [Rolf’s Thoughts: How Is Keppel Going to Monetize S$17.5 billions and Revamp It’s O&M Business?](https://rolfsuey.com/2020/09/rolfs-thoughts-how-is-keppel-going-to/) - Keppel share price has been badly battered down lately. The share price need a boost and it came from a news from Keppel’s CEO last night, that billions of dollars of assets could potentially be monetized over coming years. Source: CNA excerpts: “SINGAPORE: Singaporean conglomerate Keppel Corp said on Tuesday (Sep 29) it had identified
- [Dos & Don'ts during Oil Crisis!](https://rolfsuey.com/2020/10/dos-donts-during-oil-crisis/) - While looking through my blog articles, I found one relevant article written in Feb 2016 in the midst of the oil crisis, where many colleagues and friends in the industry are being axed. Dos & Don'ts during Oil Crisis!
- [Why Did CRCT Share Price Increase By More Than 5 Percent In The Last One Week](https://rolfsuey.com/2020/10/why-did-crct-share-price-increase-by/) - CapitaLand Retail China Trust (CRCT) – Stock Code: AU8U Source: https://www.crct.com.sg Shares of CRCT fell to ten year low of SGD1.10 last week, if we disregard Covid-19 March slump of SGD0.92. The price had plunged more than 50 percent since YTD peak in January 2020. This is in spite of China’s fast economic recovery from
- [Invest in Companies That Are Sustainable!](https://rolfsuey.com/2020/10/invest-in-companies-that-are-sustainable/) - Fossil fuels takes millions of years to form, and human race has been using them for just over two hundred years. Experts have estimate that if we keep burning fossil fuels at current rate, depletion may take place by 2060. The oil and gas is still one of the largest industry today in terms of
- [How to Transit into a New Industry? My Wife’s New Job in a New Industry after 2 Months!](https://rolfsuey.com/2020/10/how-to-transit-into-new-industry-my/) - It has been two months since my wife started her new job in a completely new industry. This is after almost two decades in the MICE or related industry. Her new role is in digital and real estate. For more on the background, you can refer to earlier articles below. My Wife's Company Ask Her
- [Looking Back At My 7th Year Of Blogging – THANK YOU ALL OF YOU!](https://rolfsuey.com/2021/04/looking-back-at-my-7th-year-of-blogging/) - Seven years ago on 1st March 2014, I started this blog. So it is exactly 85 months ago. How time has flew just like that. Today, I take some time to re-look into my initial blog articles when I am still a newbie blogger back then. It is definitely nostalgic and a ride back to
- [Will Mapletree Industrial Trust & Keppel DC REIT Benefit from Facebook’s Transpacific Data Connection (Bifrost and Echo)?](https://rolfsuey.com/2021/04/will-mapletree-industrial-trust-keppel/) - Recently, Facebook announced plans to build two new data submarine cables between Asia-Pacific and North America. They are dubbed Bifrost and Echo. The transpacific cables will connect Singapore, Indonesia, and North America, and are expected to increase overall transpacific capacity by 70%. Source: Facebook. For Bifrost, Facebook will partner Keppel T&T of Singapore and Telin
- [Singapore Has “x” number of Millionaires? Where Do You Stand With Your Wealth?](https://rolfsuey.com/2021/06/singapore-has-x-number-of-millionaires/) - Over the weekend, I was chit chatting with my friend who is a banker for more than two decades. He said that Singapore really have too many rich people. I then asked him to make a guess, how many people in Singapore have more than USD 1 million net worth? This is based on Credit
- [Who Will Win the US Election And How Will Stocks Be Affected? How To Hedge?](https://rolfsuey.com/2020/11/who-will-win-us-election-and-how-will/) - WHO WILL WIN? On Tuesday 3 November 2020, Americans will go to the polls to decide if their next President is Republican incumbent Donald Trump, or his Democratic challenger, Joe Biden. The latest poll has shown that Joe Biden is leading Donald Trump for the presidential election. However it is not a guarantee that Trump
- [Regret Not Buying a Freehold Landed Property 10 years Ago!](https://rolfsuey.com/2020/11/regret-not-buying-freehold-landed/) - Hello readers, I have been pretty quiet in the blogosphere lately. This is partly because of time spent putting up my properties on sale, and at the same time, looking at property to buy. Our property of interest is a landed house. Since my household is big, the natural choice is a house with bigger
- [Alibaba Share Price Drop – An Undervalue Gem?](https://rolfsuey.com/2020/12/alibaba-share-price-drop-undervalue-gem/) - Alibaba Share Price took a big tumble today of more than 8% when China authority started an investigation into alleged monopolistic practices at Alibaba and summoned affiliate Ant Group to a high-level meeting over financial regulation. Seeing this as an opportunity, I continue to accumulate Alibaba as I feel that the stock is greatly undervalued,
- [Good Bye 2020, Hello 2021!](https://rolfsuey.com/2020/12/good-bye-2020-hello-2021/) - 2020 Global Review • Australia NSW state emergency due to bush fires. • Hong Kong protest overshadowed by Coronavirus. • Coronavirus outbreak and first “locked down” in Wuhan, China. • Corona virus named Covid-19. • Covid-19 Epicentre in China, Korea, Italy, and later globally, and later announced as pandemic. • Quickest stock market crash from
- [How We Sold Two Properties In One Month and Very Close to My Asking Price!](https://rolfsuey.com/2021/01/how-we-sold-two-properties-in-one-month/) - Towards the close of last year, I decided to put two of our properties on sale. One Freehold (FH) Condo and one HDB. Both properties have three bedrooms + additional small room. This week, we exercised options for both properties. REASONS WHY WE ARE SELLING First of all, the property market has been the hottest
- [Things To Look Out In Your Property Search! Our Real Experiences](https://rolfsuey.com/2021/03/things-to-look-out-in-your-property/) - In my last post, I detailed the factors to consider when selling your properties. In this article, I will share our property search experiences over the past few months and things you should look out for. CHOOSE YOUR LOCATION Areas that are definite “No No No!” FIRST, crossed out locations that are completely out! For
- [Thank God That We Finally Bought Our House!](https://rolfsuey.com/2021/03/thank-god-that-we-finally-bought-our/) - This post is the final series of my property articles. After four months, we finally bought our new house. I reckon it is a relatively short time, considering that most of my friends took one year or more to find their dream home! Not knowingly, it is somewhat overdose for us in the past months,
- [My Health Problem - Life Is A Roller-coaster, Just Gotta Ride It!](https://rolfsuey.com/2021/03/my-health-problem-life-is-roller/) - After my last few articles revolving around how we successful sold our old properties and bought our new home, most readers will think that life is good for Rolf! Not quite! 2021 has a rocky year for me. While all seems perfect on the surface, everyone faces problems in life, and I am no exception.
- [Invaluable Million Dollar Investment with No Monetary Return for a Long Time!](https://rolfsuey.com/2021/04/invaluable-million-dollar-investment/) - What is our one major investment that we will have to endure no monetary return for a long time? Oh yes…. For parents, this investment is unquestionably on your child/children! It not only includes the money spent on them, it is the time and energy on them, and the undivided love and attention for them
- [Why My Stock Transfer from Lim & Tan Securities to Standard Chartered Bank?](https://rolfsuey.com/2021/06/why-my-stock-transfer-from-lim-tan/) - After more than ten years with Lim & Tan (L&T) brokerage, I decide to do an OUTWARD TRANSFER of a portion of my stocks, to the custody of Standard Chartered bank (SCB). Why so? WEALTH LENDING SERVICES One primary reason is SCB’s ability to provide Wealth Lending Service at low
- [Life is So Vulnerable!](https://rolfsuey.com/2021/04/life-is-so-vulnerable/) - Recently, my best friend's nephew who was only two years old just passed away. The poor little baby boy was just fine and the next moment he lost his consciousness and after arriving to the hospital, his heartbeat stopped! Prior to the tragedy, there was no big sickness or symptoms that worries. It is an
- [Has Singapore Done Enough to Produce More Olympic Medalists?](https://rolfsuey.com/2021/07/has-singapore-done-enough-to-produce-more-olympic-medalists/) - Given a choice, do you want to be an Olympic Champ or a President Scholar in Singapore? Or as parents, which will you prefer your child to be? For me, it is an obvious answer. Olympic champ! It is an honour recognised at the highest level of sport at a world stage! Your legacy will
- [Will You Buy a LeaseHold Condo at Pasir Ris for SGD2,000 psf?](https://rolfsuey.com/2021/07/will-you-buy-a-leasehold-condo-at-pasir-ris-for-sgd2000-psf/) - This week, I read the news and see that Pasir Ris 8, a suburban condo located just next to Pasir Ris MRT saw multiple price hikes over the weekend to over S$2000 psf. I was shocked by the pricing. Rewind more than a decade back, when I was looking for my first private home, I
- [The Nature Walks During Locked Down!](https://rolfsuey.com/2021/06/the-nature-walks-during-locked-down/) - The locked down during the last month or so, really brought boredom out of life! Being a frequent traveler for so long, I am also suffering from quite severe cabin fever confined within this tiny red dot. To make matters worse, all the kids are at home during this period. The screams and quarrels really
- [Rolf's Updates - My Priorities in Life - Health, Finance, Family, Friends & Hobbies – 2020 3Q](https://rolfsuey.com/2020/10/rolfs-updates-my-priorities-in-life/) - Click here for what does H2F3 (Health, Hobbies, Family, Finance and Friends) means. Refer here for my last H2F3 update in 2020Q2. The Covid situation has become quite boring and dreadful over time. It is almost half a year of working from home now. In October, we are back in office in two shifts and
- [Rolf's Updates - My Priorities in Life - Health, Finance, Family, Friends & Hobbies – 2020 1Q](https://rolfsuey.com/2020/04/rolfs-updates-my-priorities-in-life-3/) - Click here for what does H2F3 (Health, Hobbies, Family, Finance and Friends) means. Refer here for my last H2F3 update in 2019Q2. Time flies, my last H2F3 post is nine months ago. My first 2020 update as follows. 2020 will be known as the year where Corona Virus wreak havoc causing the world to shut down. We are social
- [Rolf's Updates - My Priorities in Life - Health, Finance, Family, Friends & Hobbies – 2020 2Q](https://rolfsuey.com/2020/07/rolfs-updates-my-priorities-in-life-2/) - Click here for what does H2F3 (Health, Hobbies, Family, Finance and Friends) means. Refer here for my last H2F3 update in 2020Q1. POSITIVES ABOUT LOCK DOWN 2Q2020 should be one of the most unusual for most Singaporeans. For the first time in history, the country was “locked down” with limited business activities. The economy suffered greatly and many jobs
- [Rolf's H2F3 1H2021 Updates](https://rolfsuey.com/2021/07/rolfs-h2f3-1h2021-updates/) - Time flies and half a year of 2021 passes just like that. Here is my 1H2021, H2F3 updates. (Click here for what does H2F3 (Health, Hobbies, Family, Finance and Friends) means.) Read: Rolf FY2020 (H2F3) in Review Rolf 2020Q3 H2F3 Updates HEALTH Decently good health status in 2021 so far. Although early in the
- [Rolf’s New Blog Page – From Blogger to WordPress](https://rolfsuey.com/2021/07/rolfs-new-blog-page-from-blogger-to-wordpress/) - Seven years ago, I started my first ever blog after experiencing mid-career crisis. Read: My First Post Seven years later, perhaps another mid-late career crisis, and I decided to change my website from Blogger to WordPress. It was over two weeks of hardwork, learning from many mistakes, troubleshooting, trial and error, and talking to techsupport
- [Be Wiser When You First Start Your Career - In Dire Industry, it is More Difficult to Find Success!](https://rolfsuey.com/2021/04/be-wiser-when-you-first-start-your/) - It was decades back, and I needed to decide on which university courses to enroll. My parents are uneducated and my elder siblings are diploma grads back then. They cannot help much in my decision. MY CHILDHOOD AMBITION My childhood ambition is to be lawyer. Unfortunately, coming from poverty-stricken family and living in a less
- [Is The Oil & Gas Industry Really Hopeless?](https://rolfsuey.com/2020/10/is-oil-gas-industry-really-hopeless/) - This blog was started in March 2014 with the thinking that perhaps I am the only “dirty offshore oil” financial blogger here, who is in the business. Back then, oil price was high and businesses were phenomenally good. Many offshore oil-related SG listed entities were thriving, and many readers were eager to invest into them.
- [Is Singapore Economy In Danger for Long Term Decline (Part 2)? - The Need for "Penetration Model"](https://rolfsuey.com/2020/09/is-singapore-economy-in-danger-for-long_13/) - This post (Part 2) continues from the previous post. Is Singapore Economy In Danger for Long Term Decline (Part 1)? - The Flaws of "Seduction Model" In the Financial blogosphere space, many aspire to achieve Financial Independence Retire Early (FIRE). We do not want to depend on our day job indefinitely, running an endless
- [Silver Explodes Past USD22 Per Oz, and Gold Surges!](https://rolfsuey.com/2020/07/silver-explodes-past-usd22-per-oz-and/) - Last month I wrote the article “Will Silver Explodes in Price?” when silver is at USD17.3 per oz. Today silver price at the time of my writing is USD22.05 per oz. Silver price increase 21% in the last 30 days, while gold increase 4.1% in the past month. I also explained in the earlier posts
- [Why Buy Gold and Silver during Crisis?](https://rolfsuey.com/2020/03/why-buy-gold-and-silver-during-crisis/) - Using SPDR Gold Shares (GLD) as reference to Gold price. In 2008, Gold shares peak at $98 on 3 Sep 2008. On 15 Sep 2008, Lehman Brothers collapse. And in the next one month, Gold shares plunged to 2008 low at $71 on 26 Oct 2008. This is more than 30% drop within 1-2 month.
- [What will Happen coming Monday to SGX stocks?](https://rolfsuey.com/2020/04/what-will-happen-coming-monday-to-sgx/) - After the circuit breaker announced on Friday by Singapore government, what do you think will happen to Stock market on Monday? Using STI ETF ES3:SGX, In 2020, FREE FALL 20-01-2020 : Peak YTD 3.337 23-03-2020 : Bottom at 2.241 REBOUND 27-03-2020 : Rebound to 2.533 DECLINE 03-04-2020 : Decline to 2.405 Source: Yahoo finance MONDAY
- [3rd Stimulus by Singapore Government to be announced coming Monday - Good or Bad?](https://rolfsuey.com/2020/04/3rd-stimulus-by-singapore-government-to/) - COVID-19: Heng Swee Keat to announce third round of support measures in new 'Solidarity Budget' https://www.channelnewsasia.com/news/singapore/coronavirus-covid-19-heng-swee-keat-solidarity-budget-12611084 Stock market will receive another lifeline on Monday! It's gonna be another drawn down from the reserves. And if Covid-19 persists longer, it will be 4th, 5th, 6th .... where does it ends? Let's hope Covid-19 will end soon.
- [How Rich is Singapore? Our reserves!](https://rolfsuey.com/2020/04/how-rich-is-singapore-our-reserves/) - Source: www.mas.gov.sg NETT SGD 275 BILLIONS (AS OF END FEB 2020) Personally, I think the International reserves is better way of measuring Singapore wealth, since SGD is not an international currency. International Reserves and Foreign Currency Liquidity Singapore's Official Foreign Reserves according to the IMF's Data Template on International Reserves and Foreign Currency Liquidity. The following
- [China Recovery or Plummet – Hear from the China Chinese themselves?](https://rolfsuey.com/2020/04/china-recovery-or-plummet-hear-from/) - For more than a decade since early 2000s, I had been traveling to China for business until there was a change in the last few years when China is excluded from my work scope. Places in China I have stepped foot include, Beijing, Tianjin, Qingdao, Yantai, Nanjing, Shanghai, Nantong, Wuxi, Guangzhou, Shenzhen, Fujian etc. In
- [Why is Gold and Crypto rising?](https://rolfsuey.com/2019/06/why-is-gold-and-crypto-rising/) - As I am writing, Gold price crossed the $1,400 an ounce mark in 5 years and Bitcoin crossed the psychological $11,000 mark per coin. GOLD The increase in Gold price is likely to due to several factors mentioned below, but often related to uncertainty and low interest rate. If economy is good and looking good,
- [Shipping, Oil and Gas industries – Where is the light?](https://rolfsuey.com/2016/09/shipping-oil-and-gas-industries-where/) - The shipping and oil and gas industry are in dire straits. Hanjin Shipping – No longer too big to fail! The biggest news lately is the collapse of Hanjin Shipping leaving so many ships, cargo and crew stranded globally. Even the state-owned company is clearly “not too big to fail”. Korean government decided not to
- [Should we buy gold now?](https://rolfsuey.com/2016/07/should-we-buy-gold-now/) - Brexit has brought about gold price rally to highest of US$1,366 per oz since Mar 2014. My wife’s friend, a housewife who has never work in full time job before in her life since the day she graduated from school and neither having any investment experience nor knowledge told her recently, “I heard we should
- [My Portfolio – Recent Actions](https://rolfsuey.com/2016/03/my-portfolio-recent-actions/) - STI Index, from its low of 2,532 points on 21 Jan 2016, has climbed lightning quick to 2,837 recently. This jump is mainly within the last week or so. I grab the opportunity to take profits for some of the stocks I own. As mentioned in my last few Portfolio updates, I had been
- [Will Oil Price crash to $20 or rebound to $70 in 2016?](https://rolfsuey.com/2015/12/will-oil-price-crash-to-20-or-rebound/) - Brent crude breaks below $36 a barrel in 11-year low. $20 a barrel in 2016? Goldman Sachs predicted that a glut of oil supply will keep oil price low for the next 15 years and possibility of testing the bottom at $20 a barrel. Goldman’s long-term forecast for crude is at $50 a barrel. $70
- [Is oil price really sustainable below $30? (Part 1)](https://rolfsuey.com/2016/01/is-oil-price-really-sustainable-below/) - Sustainable at $30? In case you are unaware, there aren’t many countries extracting oil for under $30 per barrel. Looking at the chart below, only Saudi Arabia, Iran, and Iraq will continue to produce if oil is $30. We wouldn’t have much crude oil if only these countries produced oil. Most oil companies will probably
- [Rolf’s Total Investment Portfolio](https://rolfsuey.com/2015/09/rolfs-total-investment-portfolio/) - Below is the composition of my complete investment portfolio at cost since I started earning. This portfolio will change over time as and when I deem fit. Aside from stocks, I consider cash, property, CPF, SRS, precious metals, insurance-investment-linked-product as my part of my investment portfolio since these are components that can potentially earn tangible
- [My Portfolio - Recent Actions](https://rolfsuey.com/2015/11/my-portfolio-recent-actions-3/) - It has been a quiet week in terms of blogging. This is mainly because of my traveling last week in Europe and apparently, I am flying off to China again in few hours’ time. My last real stock portfolio update was on 22 Aug, here. Since then I had sold most of my stock holdings
- [Oil & Gas Crisis – Time to Take On More Work Even with No Pay Raise!](https://rolfsuey.com/2015/06/oil-gas-crisis-time-to-take-on-more/) - Oil & Gas Crisis – Time to Take On More Work Even with No Pay Raise! As mentioned before, the company I worked for was acquired early this year. Incidentally, one expat colleague resigned and I was asked the possibility of taking over his job. Apparently I was given a choice to continue what I
- [Half Year Review - Rolf's Life & Investment Strategy Towards The Current World Turmoil](https://rolfsuey.com/2015/07/half-year-review-rolfs-life-investment/) - World and Personal Turmoil The world is in shambles lately. Greece facing EU exit; Oil crisis; Fed potential interest rates hike; China stock markets dive; MERS spreading; Malaysia 1MB and PM probe; Currency depreciations in Malaysia, Indonesia and Australia etc. Due to oil crisis, my company is not spared either. Talks about cutting workforce in
- [My Portfolio – 1Q15 Review](https://rolfsuey.com/2015/04/my-portfolio-1q15-review/) - (S$) wk15/2015 wk52/2014 YTD % Change STI Constituents 3,472 3,365 3.2% Coca Cola Amatil 11.550 9.893 16.8% Raffles Medical 3.880 3.910 -0.8% Comfort Delgro 2.880 2.590 11.2% CM Pacific 1.165 0.980 18.9% ARA Asset Mgmt 1.640 1.675 -2.1% CapitaRetail CT 1.725 1.600 7.8% Lippo Mall Tr 0.355 0.340 4.4% Sembcorp Ind 4.540 4.440 2.3% Croesus
- [Who Has a Better Life – Entrepreneur or Salaried Staff?](https://rolfsuey.com/2014/10/who-has-better-life-entrepreneur-or/) - I was having coffee with an ex-business competitor. We known each other for years. He started his own company few years ago with the help of several investors (influential ones!). "Running your own company is very tough and you can never know what I went through" - he lamented repeatedly, seemingly wanted me to acknowledge,
- [My First Paycheck 11 Years ago compare to Fresh Graduate Salary Today](https://rolfsuey.com/2014/08/my-first-paycheck-11-years-ago-compare/) - Fresh Graduate Pay Survey 2014 Read an article from Business Times yesterday on Fresh Graduate Pay Survey 2014. The investigation is conducted by Hay Group, a recruitment company who had been tracking the figures annually since 2009. From Hay’s report, the average monthly starting salary for degree holders in the three qualification categories are as
- [Nam Cheong Barging Forward - Accom Work Barge Orders & Shares buybacks.](https://rolfsuey.com/2014/06/nam-cheong-barging-forward-accom-work/) - Barging Forward While outstation this week, I read that Nam Cheong continues to “Cheong” (Hokkien for charge) forward with USD84mil orders to build two Malaysia’s largest Accommodation Work Barges (AWB) of 500-men with options to build two more, for repeat client Perdana. Unlike its usual Build to Stock model, the two AWB would be constructed
- [Swissco - Share Price Surge 20%](https://rolfsuey.com/2014/07/swissco-share-price-surge-20/) - Swissco share price surge 20% over the last two trading days to a high of S$0.50. In the past one year, the company share price has increased from a low of 0.22 to 0.50. That is a whopping 130% increase! While reasons of price spike are not explicitly known, it may be related to the
- [Vallianz Holdings – Trading Halt Mystery Uncovered](https://rolfsuey.com/2014/06/vallianz-holdings-trading-halt-mystery/) - Mystery uncovers for Vallianz’s trading halt. It announced on 17 Jun that it plans to raise S$52.2 (US$41.83) million by issuing 400 million new placement and subscription shares. 230mil placement shares - UOB Kay Hian, Tata Capital and Religare Capital Markets (SG) 170mil subscription shares - Legend Financial Limited, Golden Summit International Limited, Zymmetry Investments
- [LiftBoat Lifting Expectations? – Ezion, Ezra, Swissco & Triyards](https://rolfsuey.com/2014/06/liftboats-lifting-expectations-ezion/) - I met a friend for lunch this week. He works in a company that supplies equipment to Liftboats. During the conversation, he mentioned the growing number of inquiries of Liftboats lately. Is Liftboats leading the pack in the Offshore Oil and Gas industry? Before we examine the demand and supply dynamics of Liftboats, we must first understand the
- [Vallianz - Request for Trading Halt after 7% spike in price](https://rolfsuey.com/2014/06/vallianz-request-for-trading-halt-after/) - Vallianz announced for trading halt at 15:54h today after more than 7% increase in its share price from 0.147 to 0.157, pending release of announcement. More positive news arriving in the form of contract wins or venture into new segment? We shall see? Please also find an updated report last week - Vallianz Holdings – Years
- [Miclyn Express Offshore – Following the footsteps of Pacific Radiance and POSH?](https://rolfsuey.com/2014/06/miclyn-express-offshore-yet-another-osv/) - Business times Report Last week, Singapore-based Miclyn Express Offshore (MEO), which delisted from the Australian Securities Exchange (ASX) last December, is eyeing a listing on Singapore Exchange (SGX) in the next two to three years. "Its chief executive, Diederik de Boer, said the provider of offshore-service vessels is looking to tap into greater liquidity and keener
- [Nam Cheong - Crystal ball shining brightly](https://rolfsuey.com/2014/04/nam-cheong-crystal-ball-shining-brightly/) - Nam Cheong Strikes again. DBS Report 25 Mar 2014 Price current S$0.355 (2 Apr 2014). Target Price S$0.460. Nam Cheong secures sale contracts for 2 vessels worth S$54.4m (31 Mar 2014) Contracts involve an AHTS and PSV. Nam Cheong, has secured sale contracts with a total value worth US$43.1 million for one unit of Anchor
- [Swissco, Double Bagger?](https://rolfsuey.com/2014/04/swissco-double-bagger/) - Sorry guys, was late on this reporting since I was overseas for the past week. Read an article on Swissco 10 Apr title “Double Bagger, Literally” and decided to blog again on Swissco. Refer to report here. My Portfolio I had own Swissco stocks since end 2010 at S$0.32 and had since sold at S$0.38 early
- [IPO of POSH (Pacc Offshore Services Holdings)](https://rolfsuey.com/2014/04/ipo-of-posh-pacc-offshore-services/) - Today I will blog on the IPO of one of my former clients, POSH. IPO price S$1.15 with market cap of S$2.038 billions, starts trading 25 Apr 2014. Herein, I will provide insight from industry insider point of view rather than Fundamental Analysis of the Facts & Figures. This is because the Facts & Figures analysis is
- [Vallianz Holdings - 1Q Results](https://rolfsuey.com/2014/05/vallianz-holdings-1q-results/) - April and May is a busy period for many listed companies, announcing their 1Q results. I will try my best to cover companies important at least to me. One of them is Vallianz as follows. Results here. Record revenue increase of 10x vs 2013 to USD27.7m. Mainly (89%) due to charter revenue. No one time
- [EMS Energy – Soaring with Orders or a Ship Sinking Deeper](https://rolfsuey.com/2014/05/ems-energy-soaring-with-orders-or-ship/) - This week, I am thankful and honored to be included in the Blogroll of two famous Blog page - Singapore Stock Market News and Singapore Investment Bloggers. Even more gratifying is to hear from a random reader that she enjoy reading my blog. Thank you so much! Thank you! To make my blog less analogous to
- [Vallianz Holdings - More Growth to Come?](https://rolfsuey.com/2014/03/vallianz-holdings-more-growth-to-come/) - Vallianz Holdings, a subsidiary of Swiber had been growing exponentially since Sep last year from 5c to peak of 20c and now hovering around 15c. 300% increase! This counter had been stagnant under Anders Schau as CEO since 2010 to 2012 after the RTO from Enzer. Since the appointment of Darren Yeo, who is also director and
- [Swissco – Share Price Tumbles 20%](https://rolfsuey.com/2014/03/swissco-share-price-tumbles-20/) - Shares of Swissco go tumbling from 0.39 to 0.32 today, after I reported that it could be the next Ezion. What happen? In earlier blog it was already mentioned that Swissco will enter into Rig business. "End Feb Swissco announced that it will acquire Scott and English for S$285M from Double Dragon Energy. This is
- [Swissco - The next Ezion](https://rolfsuey.com/2014/03/swissco-next-ezion/) - Few days back, I was with a veteran in the market who use to be an MD of a listed entity in the oil and gas industry. We have a small chat on Swissco Holdings, an Offshore Service Provider who recently announced that they had entered Rig Chartering Business by acquiring Scott & English Energy. See here.
- [Offshore Support Vessels (OSVs) - Charter Rates Falling](https://rolfsuey.com/2014/03/offshore-suport-vesesls-charter-rates/) - Read an article today and Petronas CEO says that the boom time enjoyed by number of Malaysia Offshore Support Service providers is coming to an end. A recent tender from Petronas for OSV ended up 15% below market rate. What does it means? Panic for those who invested in SGX OSV companies like Nam Cheong, Marcopolo,
- [Fresh Graduates in Tokyo, Hong Kong, China and Singapore - What Now!](https://rolfsuey.com/2014/03/fresh-graduates-in-tokyo-hong-kong/) - Just finish watching a pre-record documentary titled: "WHAT NOW" (青春过后) It showcase lives of fresh graduates looking for jobs from Tokyo, China and Hong Kong. One word "Tough!" Tokyo In Tokyo, most undergrad already send job applications at least one year before graduation. If you are from reputable university, you will stand a chance of getting a
- [Reasons Why You Should Resign Your Current Job - Real Life Examples (Part 2)](https://rolfsuey.com/2014/12/reasons-why-you-should-resign-your/) - This post continues from previous post... The Wise Old Man Several years ago, I had a boss-turned colleague. After the company where he owned a major share was acquired, he was no longer my boss. Let’s call him Mr. C. Until today, Mr. C is one of the wisest men I ever met and taught me
- [Reasons Why You Should Stay in Your Current Job - Real Life Examples](https://rolfsuey.com/2014/12/reasons-why-you-should-stay-in-your/) - This topic about when to resign or when to stay in a job was brought up after I started a blog post stating: “人生不会苦一辈子，但一定会苦一阵子，如果你逃避苦这一阵子，就一定会苦一辈子!” “In life, you will not suffer forever, but you will definitely suffer for a period of time. If you run away from short term sufferings, you will definitely suffer forever!”
- [Oil Price Slump – Thoughts Prompted During OSEA 2014 Exhibition](https://rolfsuey.com/2014/12/oil-price-slump-thoughts-prompted/) - It's been two weeks since I last updated my blog. You probably wonder if I had gone hiding after the oil price slump. Haha, Not really! The last two weeks were madly busy for me. It was hectic preparation for OSEA 2014 (Offshore South East Asia - oil and gas), one of the biggest O&G
- [Oil Price Effects – Ezion, Swissco, Nam Cheong, Vallianz, Keppel & Sembmarine](https://rolfsuey.com/2014/10/oil-price-effects-ezion-swissco-nam/) - I was talking to veterans within Singapore, China and Europe in the oil and gas industry for the past week. When asked about sentiments with respect to the falling oil price, most will say it is a concern for the next two years but things should turn positive from 2017 onwards. Another who is more
- [Rebalancing My Investment Portfolio](https://rolfsuey.com/2014/10/rebalancing-my-investment-portfolio/) - It’s yet another busy month in October, both in work and investments. Last week was traveling and prior to that was off-office hour stock scouring after the Bearish stock markets. Made some buy and sell positions as follows. "SELL" Suntec Reit – Partial sale to reduce my biggest holdings (before the sale) and unlock profits.
- [Added - ARA Asset Management & Coca Cola Amatil](https://rolfsuey.com/2014/07/added-ara-asset-management-coca-cola/) - It has been a week of action for my stock investments. I divested Nam Cheong partially and Swissco entirely this week. See my earlier blog "Why I divested Nam Cheong and Swissco this week?" With the available funds / profits, I added 8 lots of ARA Asset Management (ARA) and a further 1 lot of Coca Cola
- [My Portfolio – 2Q14 Post Findings and Views](https://rolfsuey.com/2014/08/my-portfolio-2q14-post-findings-and/) - For the past weeks, my time was swarmed by listed companies’ results announcements. In the main, are companies’ post results reviews within my portfolio. For more information on my portfolio, please refer to my earlier post “Portlio Mid-Year Review”. Since that article posting, I had made notable changes to my portfolio. I added ARA Asset
- [My Portfolio – 2Q14 Post Findings and Views (Part 2)](https://rolfsuey.com/2014/08/my-portfolio-2q14-post-findings-and_23/) - Last week, I evaluated companies within my portfolio for their result announcements the week before. You can find the article here “My Portfolio – 2Q14 Post Findings and Views” Similarly this week, I will provide analysis of companies who announced their quarterly or half-yearly results last week. Companies on microscope are Super Group, KSH Holdings, Overseas Education, Courts
- [Nam Cheong CEO Positive on OSV Market](https://rolfsuey.com/2014/06/nam-cheong-ceo-positive-on-osv-market/) - Malaysia Star Newspaper interviewed SGX listed Nam Cheong CEO Leong Seng Keat and reported last Saturday, hearing from Leong that OSV market is still resilient in the near term. Below is a summary of important points. OSV Outlook Positive Shallow Water Market Recession Proof in Near Term Nam Cheong able to sustain 20-30% growth momentum
- [Swissco acquire waterfront property and going into rig business](https://rolfsuey.com/2014/04/swissco-acquire-property-and-going-into/) - Swissco had make moves recently in their expansion plan. Refer below news. Of course it is good news, but the downside is increase in debt. Swissco is just a very small part of my portfolio. I had also blog about this company earlier. I am still thinking if I should purchase more of this company
- [Portfolio Mid-Year Review](https://rolfsuey.com/2014/07/portfolio-mid-year-review/) - This is the first review of my portfolio. For the first time, I am going to reveal my average purchase price. YTD Stock Performance based on Market Closed Price End Dec 2013 The stocks listed in my current portfolio achieve +9.7% total return since start 2014. The return could be higher if not for Vallianz falling
- [Golden Opportunity to own a part of Coca Cola Company – Coca Cola Amatil](https://rolfsuey.com/2014/07/golden-opportunity-to-own-part-of-coca/) - It was another incredibly busy outstation week, spending nights at four different locations in China and ended up now in Hong Kong airport waiting to board a plane back home. Despite the busy schedule, I bought into a stock listed in Australia this week. Few months ago, I received a tip off and spotted an
- [Fraser Commercial Trust & Mapletree Logistics Trust - Latest Results!](https://rolfsuey.com/2014/07/fraser-commercial-trust-mapletree/) - Two of my REITs portfolio release results yesterday. They are Fraser Commercial Trust (FCOT) and Mapletree Logistics Trust (MLT) In general, I am happy with both companies’ results, especially when DPUs continue to grow and both companies exhibit dividend yield of >6% which is acceptable for me. Strong occupancy and healthy WALE are pleasing to hear, backed
- [Suntec REIT continue to Shine with 2Q Latest Results](https://rolfsuey.com/2014/07/suntec-reit-continue-to-shine-with-2q/) - Suntec announced 2Q results yesterday. I am more than happy with the results announced, particularly on the stable DPU despite the private placement in Mar 14 diluting shareholder base. Both Gross revenue and NPI continues to grow, benefiting from the completion of ongoing Asset Enhancement Initiatives (AEI). Suntec Reit is one of my biggest holdings, and
- [Japan Sun to Rise Again -  Croesus Retail Trust Outlook positive](https://rolfsuey.com/2014/06/japan-sun-to-rise-again-croesus-retail/) - Recently I read several articles on Japan better than expected outlook, expecting to sustain into the long term period. My portfolio Croesus Retail Trust should stand to benefit from it. Croesus Retail Trust Croesus Retail Trust (CRT) is a SGX listed Japan Suburban Retail Malls Trust with 4 Freehold + 2 Leasehold malls with almost full
- [Key Factors in Selecting REITS – Part 1](https://rolfsuey.com/2014/06/key-factors-in-selecting-reits-part-1/) - Power of Organized Knowledge Before I start on the topic of interest Reits, have it ever occurred to you that you might have thought you are very knowledgeable in one subject, because you spend lots of time reading books, newspaper, magazines, blogs etc. It is common to see that information although abundant is often fragmented
- [Key Factors in Selecting REITS – Part 2](https://rolfsuey.com/2014/06/key-factors-in-selecting-reits-part-2/) - Growth Potential A) Organic Growth potential Organic growth via rental reversion means ability to increase rents and occupancy rates over time. Demand and supply dynamics within the property segment will affect the scope of rental reversion upon lease renewals, impacting the Reit’s ability to grow its dividend. E.g. Fraser Commercial Trust has a master lease of 511,000
- [Invest in Stocks – How to Start?](https://rolfsuey.com/2014/04/invest-in-stocks-how-to-start/) - I am on business trip now in Kuala Lumpur. Good to write my first blog while overseas. I had already blogged about investment in stocks and specific stocks. Then there will be question: "How do I start investing if I am a beginner?" I am not an expert, but I will share my experience how I
- [Re-balancing My Investment Portfolio](https://rolfsuey.com/2014/04/re-balancing-my-investment-portfolio/) - It's early morning of Labour day - Hurray Public Holiday! and my family members are all asleep. I am the lone "night cat" again and decide to "meow" a post. This is my 30th post, in my blog's second month anniversary since my first post. The past week had been a busy one buying and
- [Reits or Business Trusts?](https://rolfsuey.com/2014/03/reits-or-business-trust/) - Met up with friend today for dinner. I try to explain difference between Reits and Business Trusts, but somehow it is not very convincing. Here is link to explain in detail. Dividends Most common reason to invest in Reits or Trusts is for the dividend return. Extracted herewith - "The attractiveness of Reits or Trusts
- [A Month of Travel - China, UK, Brazil](https://rolfsuey.com/2014/09/a-month-of-travel-china-uk-brazil/) - China Trip After two weeks of In-Camp Training, I am straight back to action at work for the past week. My colleagues and I had a challenging outing in Shanghai. We negotiated a contract with more than ten clients. Throughout the meeting which lasted several days, we were bombarded with demanding requests, often unreasonable too.
- [First Charity Donation in 2015](https://rolfsuey.com/2015/01/first-charity-donation-in-2015/) - Inspired by blogger Money Honey, who consistently make donation to charity and had Permanent stock holdings for Self-funding donations via dividend collected, I decided to make my first donation in 2015. I started regular monthly donations more than 15 years ago. Please do not *Wah!* It was only S$2 a month to NKF. Unfortunately, the
- [My Portfolio – Updates of Buy and Sell](https://rolfsuey.com/2015/05/my-portfolio-updates-of-buy-and-sell-2/) - I has been pretty quiet on the stock market this year compared to last. Reasons stem from intensifying work commitments, new member in the house, and also the “perceived” lesser opportunities in the current stock market. Nonetheless, I had made some transactions since my last portfolio update more than a month ago - “My Portfolio
- [Charity Donation - 2015](https://rolfsuey.com/2015/06/charity-donation-2015/) - Following my first Charity donation in 2015 (refer here), I decided to continue my donations campaign as follows. Singapore Association of Visually Handicapped - S$50 Singapore Cancer Society - S$50
- [Renew Car COE 5 years or 10 years?](https://rolfsuey.com/2019/03/renew-car-coe-5-years-or-10-years/) - --> Over the last 15 years, I had several different cars registered under my name. They are either new or used-cars from 1.5L to 2.5L, from Japanese to continental cars and from sedan to MPV. No posh cars though. Cannot afford. I had also rented cars for few months, and even had experience of selling

## Pages

- [Hide Ads for Premium Members](https://rolfsuey.com/disable-ads/) - [quads_disable_ads_form]
- [Buy Adspace](https://rolfsuey.com/buy-adspace/) - No ad slots available for purchase
- [About Me](https://rolfsuey.com/about-me/) - Thank you for visiting my blog! I am a Singaporean, born in the 1970s experiencing mid-life career crisis at time of writing this blog. One reason to start blogging after 30s, is to break my own comfort zone. While it can be considered late, it is "Better Late Than Never". Today, I am grateful to
- [Disclaimer](https://rolfsuey.com/disclaimer/) - Before using this site, please make sure that you note the following important information:This blog and its contents contain the opinions and views of the author. It is intended to be used and must be used for informational purposes only. The author cannot guarantee the accuracy of the information contained herein the blog and its contents. You
- [PR Newswire](https://rolfsuey.com/pr-newswire/)
- [Purpose](https://rolfsuey.com/purpose/) - The main purpose of this blog is to share and discuss on topics as mention below. Personal Developments Financial Planning Investments Other interesting current affairs news. When I started this blog, I wanted to break my own comfort zone to do something I never do before - Blogging! Over the years of failures and recoveries
- [Business Wire](https://rolfsuey.com/business-wire/)
- [Contact Us](https://rolfsuey.com/contact-us/) - Please enable JavaScript in your browser to complete this form. Name * First Last Email * Comment or Message * Submit EMAIL : rolfsuey@gmail.com

## Categories

- [Personal Development](https://rolfsuey.com/category/personal-development/)
- [Financial Literacy](https://rolfsuey.com/category/financial-literacy/)
- [Energy & Technology](https://rolfsuey.com/category/energy-technology/)

## Tags

- [H2F3](https://rolfsuey.com/tag/h2f3/)
- [Investment & Financial Literacy](https://rolfsuey.com/tag/investment-financial-literacy/)
- [Keppel](https://rolfsuey.com/tag/keppel/)
- [Oil & Gas](https://rolfsuey.com/tag/oil-gas/)
- [Sembcorp](https://rolfsuey.com/tag/sembcorp/)
- [SembMarine](https://rolfsuey.com/tag/sembmarine/)
- [Personal Development](https://rolfsuey.com/tag/personal-development/)
- [Alibaba](https://rolfsuey.com/tag/alibaba/)
- [Amazon](https://rolfsuey.com/tag/amazon/)
- [Pinduoduo PDD](https://rolfsuey.com/tag/pinduoduo-pdd/)
- [Sea](https://rolfsuey.com/tag/sea/)
- [Tech Stocks](https://rolfsuey.com/tag/tech-stocks/)
- [Tencent](https://rolfsuey.com/tag/tencent/)
- [Finance](https://rolfsuey.com/tag/finance/)
- [Keppel DC Reit](https://rolfsuey.com/tag/keppel-dc-reit/)
- [Mapletree Industrial Trust](https://rolfsuey.com/tag/mapletree-industrial-trust/)
- [Career](https://rolfsuey.com/tag/career/)
- [Family](https://rolfsuey.com/tag/family/)
- [Parenting](https://rolfsuey.com/tag/parenting/)
- [Economy](https://rolfsuey.com/tag/economy/)
- [My Portfolio](https://rolfsuey.com/tag/my-portfolio/)
- [Leisure & Health](https://rolfsuey.com/tag/leisure-health/)
- [Construction](https://rolfsuey.com/tag/construction/)
- [China](https://rolfsuey.com/tag/china/)
- [Nasdaq](https://rolfsuey.com/tag/nasdaq/)
- [Singapore](https://rolfsuey.com/tag/singapore/)
- [Market](https://rolfsuey.com/tag/market/)
- [Stocks](https://rolfsuey.com/tag/stocks/)
- [US](https://rolfsuey.com/tag/us/)
- [Healthcare & Education](https://rolfsuey.com/tag/healthcare-education/)
- [Raffles Medical](https://rolfsuey.com/tag/raffles-medical/)
- [Renewable energy](https://rolfsuey.com/tag/renewable-energy/)
- [CapitaLand China Trust](https://rolfsuey.com/tag/capitaland-china-tr/)
- [Reits & Trusts](https://rolfsuey.com/tag/reits-trusts/)
- [Gold & Silver](https://rolfsuey.com/tag/gold-silver/)
- [Ray Dalio](https://rolfsuey.com/tag/ray-dalio/)
- [Warren Buffett](https://rolfsuey.com/tag/warren-buffett/)
- [LPA](https://rolfsuey.com/tag/lpa/)
- [Will](https://rolfsuey.com/tag/will/)
- [Singapore airlines](https://rolfsuey.com/tag/singapore-airlines/)
- [Temasek](https://rolfsuey.com/tag/temasek/)
- [Car](https://rolfsuey.com/tag/car/)
- [Apple](https://rolfsuey.com/tag/apple/)
- [Baidu](https://rolfsuey.com/tag/baidu/)
- [BYD](https://rolfsuey.com/tag/byd/)
- [Google](https://rolfsuey.com/tag/google/)
- [Hong Kong](https://rolfsuey.com/tag/hong-kong/)
- [JD.com](https://rolfsuey.com/tag/jd-com/)
- [Meituan Dianping](https://rolfsuey.com/tag/meituan-dianping/)
- [Microsoft](https://rolfsuey.com/tag/microsoft/)
- [NetEase](https://rolfsuey.com/tag/netease/)
- [Tesla](https://rolfsuey.com/tag/tesla/)
- [Xiaomi](https://rolfsuey.com/tag/xiaomi/)
- [SGX](https://rolfsuey.com/tag/sgx/)
- [Alphabet](https://rolfsuey.com/tag/alphabet/)
- [HK](https://rolfsuey.com/tag/hk/)
- [STI](https://rolfsuey.com/tag/sti/)
- [DBS](https://rolfsuey.com/tag/dbs/)
- [KrisEnergy](https://rolfsuey.com/tag/krisenergy/)
- [Facebook](https://rolfsuey.com/tag/facebook/)
- [Hertz](https://rolfsuey.com/tag/hertz/)
- [Exxon](https://rolfsuey.com/tag/exxon/)
- [Netlink NBN Tr](https://rolfsuey.com/tag/netlink-nbn-tr/)
- [Sinopec Corp](https://rolfsuey.com/tag/sinopec-corp/)
- [SPH Reit](https://rolfsuey.com/tag/sph-reit/)
- [Valuetronics](https://rolfsuey.com/tag/valuetronics/)
- [Vicom](https://rolfsuey.com/tag/vicom/)
- [Vietnam](https://rolfsuey.com/tag/vietnam/)
- [OCBC](https://rolfsuey.com/tag/ocbc/)
- [UOB](https://rolfsuey.com/tag/uob/)
- [DJIA](https://rolfsuey.com/tag/djia/)
- [HSI](https://rolfsuey.com/tag/hsi/)
- [Great Depression](https://rolfsuey.com/tag/great-depression/)
- [Shell](https://rolfsuey.com/tag/shell/)
- [Countries](https://rolfsuey.com/tag/countries/)
- [Singtel](https://rolfsuey.com/tag/singtel/)
- [Suntec Reit](https://rolfsuey.com/tag/suntec-reit/)
- [Cryptocurrency](https://rolfsuey.com/tag/cryptocurrency/)
- [CapitaLand](https://rolfsuey.com/tag/capitaland/)
- [Baker Tech](https://rolfsuey.com/tag/baker-tech/)
- [Ezion](https://rolfsuey.com/tag/ezion/)
- [Ezra](https://rolfsuey.com/tag/ezra/)
- [Falcon Energy](https://rolfsuey.com/tag/falcon-energy/)
- [Marco Polo](https://rolfsuey.com/tag/marco-polo/)
- [Nam Cheong](https://rolfsuey.com/tag/nam-cheong/)
- [Pacific Radiance](https://rolfsuey.com/tag/pacific-radiance/)
- [Swiber](https://rolfsuey.com/tag/swiber/)
- [Swissco](https://rolfsuey.com/tag/swissco/)
- [Vallianz](https://rolfsuey.com/tag/vallianz/)
- [Venezuela](https://rolfsuey.com/tag/venezuela/)
- [Korea](https://rolfsuey.com/tag/korea/)
- [ASL](https://rolfsuey.com/tag/asl/)
- [Otto Marine](https://rolfsuey.com/tag/otto-marine/)
- [Kruez](https://rolfsuey.com/tag/kruez/)
- [Bali](https://rolfsuey.com/tag/bali/)
- [Books](https://rolfsuey.com/tag/books/)
- [People](https://rolfsuey.com/tag/people/)
- [UK](https://rolfsuey.com/tag/uk/)
- [Muhammad Ali](https://rolfsuey.com/tag/muhammad-ali/)
- [Croesus RT](https://rolfsuey.com/tag/croesus-rt/)
- [Japan](https://rolfsuey.com/tag/japan/)
- [Atlantic Navigation](https://rolfsuey.com/tag/atlantic-navigation/)
- [Technics](https://rolfsuey.com/tag/technics/)
- [Triyards](https://rolfsuey.com/tag/triyards/)
- [EMAS](https://rolfsuey.com/tag/emas/)
- [POSH](https://rolfsuey.com/tag/posh/)
- [Australia](https://rolfsuey.com/tag/australia/)
- [Perth](https://rolfsuey.com/tag/perth/)
- [M1](https://rolfsuey.com/tag/m1/)
- [Starhub](https://rolfsuey.com/tag/starhub/)
- [Charity](https://rolfsuey.com/tag/charity/)
- [Coca Cola Amatil](https://rolfsuey.com/tag/coca-cola-amatil/)
- [Consumer](https://rolfsuey.com/tag/consumer/)
- [Ip Man](https://rolfsuey.com/tag/ip-man/)
- [CM Pacific](https://rolfsuey.com/tag/cm-pacific/)
- [GLP](https://rolfsuey.com/tag/glp/)
- [Singpost](https://rolfsuey.com/tag/singpost/)
- [Thailand](https://rolfsuey.com/tag/thailand/)
- [Marc Fabers](https://rolfsuey.com/tag/marc-fabers/)
- [Mark Zuckerberg](https://rolfsuey.com/tag/mark-zuckerberg/)
- [Viking](https://rolfsuey.com/tag/viking/)
- [George Foreman](https://rolfsuey.com/tag/george-foreman/)
- [Jim Rogers](https://rolfsuey.com/tag/jim-rogers/)
- [Manny Pacquiao](https://rolfsuey.com/tag/manny-pacquiao/)
- [Steve Jobs](https://rolfsuey.com/tag/steve-jobs/)
- [Boxing](https://rolfsuey.com/tag/boxing/)
- [Taipei](https://rolfsuey.com/tag/taipei/)
- [Taiwan](https://rolfsuey.com/tag/taiwan/)
- [George Soros](https://rolfsuey.com/tag/george-soros/)
- [ARA](https://rolfsuey.com/tag/ara/)
- [John Lim](https://rolfsuey.com/tag/john-lim/)
- [Cosco](https://rolfsuey.com/tag/cosco/)
- [Lee Kuan Yew](https://rolfsuey.com/tag/lee-kuan-yew/)
- [Netherlands](https://rolfsuey.com/tag/netherlands/)
- [UK Newcastle](https://rolfsuey.com/tag/uk-newcastle/)
- [China Aviation Oil](https://rolfsuey.com/tag/china-aviation-oil/)
- [Liam Neeson](https://rolfsuey.com/tag/liam-neeson/)
- [Adam Khoo](https://rolfsuey.com/tag/adam-khoo/)
- [Mark Manson](https://rolfsuey.com/tag/mark-manson/)
- [MTQ](https://rolfsuey.com/tag/mtq/)
- [Tu Lei](https://rolfsuey.com/tag/tu-lei/)
- [Nassim Taleb](https://rolfsuey.com/tag/nassim-taleb/)
- [Winston Churchill](https://rolfsuey.com/tag/winston-churchill/)
- [Mark Mobius](https://rolfsuey.com/tag/mark-mobius/)
- [Jaya](https://rolfsuey.com/tag/jaya/)
- [Keppel Land](https://rolfsuey.com/tag/keppel-land/)
- [Saizen Reit](https://rolfsuey.com/tag/saizen-reit/)
- [Peter Lynch](https://rolfsuey.com/tag/peter-lynch/)
- [Brazil](https://rolfsuey.com/tag/brazil/)
- [KSH Hldgs](https://rolfsuey.com/tag/ksh-hldgs/)
- [OUE](https://rolfsuey.com/tag/oue/)
- [AIMS AMP Cap Reit](https://rolfsuey.com/tag/aims-amp-cap-reit/)
- [Chip Eng Seng](https://rolfsuey.com/tag/chip-eng-seng/)
- [Comfort Delgro](https://rolfsuey.com/tag/comfort-delgro/)
- [Fraser Com Tr](https://rolfsuey.com/tag/fraser-com-tr/)
- [Lippo MIRT](https://rolfsuey.com/tag/lippo-mirt/)
- [Fortune Reit](https://rolfsuey.com/tag/fortune-reit/)
- [Super](https://rolfsuey.com/tag/super/)
- [Courts](https://rolfsuey.com/tag/courts/)
- [Overseas Education](https://rolfsuey.com/tag/overseas-education/)
- [Rolf Suey](https://rolfsuey.com/tag/rolf-suey/)
- [Asian Pay TV](https://rolfsuey.com/tag/asian-pay-tv/)
- [BRC Asia](https://rolfsuey.com/tag/brc-asia/)
- [Maple Log Tr](https://rolfsuey.com/tag/maple-log-tr/)
- [Kim Heng](https://rolfsuey.com/tag/kim-heng/)
- [LNG](https://rolfsuey.com/tag/lng/)
- [Pavilion Energy](https://rolfsuey.com/tag/pavilion-energy/)
- [KS Energy](https://rolfsuey.com/tag/ks-energy/)
- [Cache Log Tr](https://rolfsuey.com/tag/cache-log-tr/)
- [Coca Cola Co](https://rolfsuey.com/tag/coca-cola-co/)
- [Michael Schumacher](https://rolfsuey.com/tag/michael-schumacher/)
- [Fraser Cpt Tr](https://rolfsuey.com/tag/fraser-cpt-tr/)
- [Mapletree GCC Tr](https://rolfsuey.com/tag/mapletree-gcc-tr/)
- [Indonesia](https://rolfsuey.com/tag/indonesia/)
- [Miclyn](https://rolfsuey.com/tag/miclyn/)
- [Catherine Lim](https://rolfsuey.com/tag/catherine-lim/)
- [Napolean Bonaparte](https://rolfsuey.com/tag/napolean-bonaparte/)
- [CH Offshore](https://rolfsuey.com/tag/ch-offshore/)
- [Mermaid Maritime](https://rolfsuey.com/tag/mermaid-maritime/)
- [Napoleon Hill](https://rolfsuey.com/tag/napoleon-hill/)
- [EMS Energy](https://rolfsuey.com/tag/ems-energy/)
- [Elon Musk](https://rolfsuey.com/tag/elon-musk/)
- [SPH](https://rolfsuey.com/tag/sph/)
- [Brian Tracy](https://rolfsuey.com/tag/brian-tracy/)
- [Gaylin](https://rolfsuey.com/tag/gaylin/)
- [Loyz](https://rolfsuey.com/tag/loyz/)
- [Rex](https://rolfsuey.com/tag/rex/)
- [Albert Einstein](https://rolfsuey.com/tag/albert-einstein/)
- [Bruce Lee](https://rolfsuey.com/tag/bruce-lee/)
- [Henry Ford](https://rolfsuey.com/tag/henry-ford/)
- [Isaac Newton](https://rolfsuey.com/tag/isaac-newton/)
- [Thomas Edison](https://rolfsuey.com/tag/thomas-edison/)
- [Dennis Ng](https://rolfsuey.com/tag/dennis-ng/)
- [Olympics](https://rolfsuey.com/tag/olympics/)
- [Sports](https://rolfsuey.com/tag/sports/)
- [Property](https://rolfsuey.com/tag/property/)
- [Blog](https://rolfsuey.com/tag/blog/)
- [Wordpress](https://rolfsuey.com/tag/wordpress/)
- [Blogger](https://rolfsuey.com/tag/blogger/)
- [Education](https://rolfsuey.com/tag/education/)
- [Leisure](https://rolfsuey.com/tag/leisure/)
- [Health](https://rolfsuey.com/tag/health/)
- [New Year](https://rolfsuey.com/tag/new-year/)
- [Politics](https://rolfsuey.com/tag/politics/)
- [Reits and Trusts](https://rolfsuey.com/tag/reits-and-trusts/)
- [Portfolio Management](https://rolfsuey.com/tag/portfolio-management/)
- [Investment Skills](https://rolfsuey.com/tag/investment-skills/)
- [Healthcare](https://rolfsuey.com/tag/healthcare/)
- [Budgeting](https://rolfsuey.com/tag/budgeting/)
- [Credit Burea](https://rolfsuey.com/tag/credit-burea/)
- [Wallstreet](https://rolfsuey.com/tag/wallstreet/)
- [Positive Thinking](https://rolfsuey.com/tag/positive-thinking/)
- [Depression](https://rolfsuey.com/tag/depression/)
- [Inflation](https://rolfsuey.com/tag/inflation/)
- [Deflation](https://rolfsuey.com/tag/deflation/)
- [Crisis](https://rolfsuey.com/tag/crisis/)
- [Interest rate](https://rolfsuey.com/tag/interest-rate/)
- [History](https://rolfsuey.com/tag/history/)
- [Leadership](https://rolfsuey.com/tag/leadership/)
- [Trump](https://rolfsuey.com/tag/trump/)
- [Wisdom](https://rolfsuey.com/tag/wisdom/)
- [Movies](https://rolfsuey.com/tag/movies/)
- [Norman Vincent Peale](https://rolfsuey.com/tag/norman-vincent-peale/)
- [Liew Mun Leong](https://rolfsuey.com/tag/liew-mun-leong/)
- [Marianna Olszewsk](https://rolfsuey.com/tag/marianna-olszewsk/)
- [Relationship](https://rolfsuey.com/tag/relationship/)
- [World](https://rolfsuey.com/tag/world/)
- [Teh Hooi Ling](https://rolfsuey.com/tag/teh-hooi-ling/)
- [Cash](https://rolfsuey.com/tag/cash/)
- [Financial Freedom](https://rolfsuey.com/tag/financial-freedom/)
- [Travel](https://rolfsuey.com/tag/travel/)
- [Lee Hsien Loong](https://rolfsuey.com/tag/lee-hsien-loong/)
- [National Day](https://rolfsuey.com/tag/national-day/)
- [Brexit](https://rolfsuey.com/tag/brexit/)
- [CNY](https://rolfsuey.com/tag/cny/)
- [Hua Hin](https://rolfsuey.com/tag/hua-hin/)
- [Shanghai](https://rolfsuey.com/tag/shanghai/)
- [Psychology Test](https://rolfsuey.com/tag/psychology-test/)
- [Dave Ulrich](https://rolfsuey.com/tag/dave-ulrich/)
- [Girl Power](https://rolfsuey.com/tag/girl-power/)
- [Fujian](https://rolfsuey.com/tag/fujian/)
- [London](https://rolfsuey.com/tag/london/)
- [World Cup](https://rolfsuey.com/tag/world-cup/)
- [Netflix](https://rolfsuey.com/tag/netflix/)
- [Carl Icahn](https://rolfsuey.com/tag/carl-icahn/)
- [Starhill Global REIT](https://rolfsuey.com/tag/starhill-global-reit/)
- [trading options](https://rolfsuey.com/tag/trading-options/)
- [thinkorswim](https://rolfsuey.com/tag/thinkorswim/)
- [Chevron](https://rolfsuey.com/tag/chevron/)
- [CNOOC](https://rolfsuey.com/tag/cnooc/)
- [PetroChina](https://rolfsuey.com/tag/petrochina/)
- [BOC](https://rolfsuey.com/tag/boc/)
- [EV](https://rolfsuey.com/tag/ev/)
- [Chargepoint](https://rolfsuey.com/tag/chargepoint/)
- [Green Energy](https://rolfsuey.com/tag/green-energy/)
- [Upstart](https://rolfsuey.com/tag/upstart/)
- [review2021](https://rolfsuey.com/tag/review2021/)
- [ARKK](https://rolfsuey.com/tag/arkk/)
- [Cathie Wood](https://rolfsuey.com/tag/cathie-wood/)
- [Luxury Watches](https://rolfsuey.com/tag/luxury-watches/)
- [Europe](https://rolfsuey.com/tag/europe/)
- [Germany](https://rolfsuey.com/tag/germany/)
- [review2022](https://rolfsuey.com/tag/review2022/)
- [review2023](https://rolfsuey.com/tag/review2023/)