Chris Chin
Senior Supply Chain at Mnc
Level 4. Prodigy
‧ 22 upvotes received
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Value Investor and Strategist
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Senior Supply Chain at Mnc
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  • Asked by Eddie Tan

    Chris Chin
    Chris Chin, Senior Supply Chain at Mnc
    Level 4. Prodigy
    Answered 4w ago
    Disadvantages of REITs include 1) High Leveraged Risk - REITs needs to take advantage of leveraging through loans to purchase more assets for expansion. However, leveraging could result in the risk of loan defaults in poor economic conditions and when interest rates rise. 2) Lack of funds to reinvest - Cannot take advantage of good acquisition opportunities, as they need to pay out 90% of income to unit holders to enjoy tax exemption. They might need to issue new units at discounted prices to get more funds and this will dilute existing unitholders' equity. So existing unitholders should set aside some cash to take up as much of this discounted new units it stand to have their existing shares diluted when more unitholders come on board to share the same pie. Otherwise, the REITs must increase it's funds to take advantage of good acquisition opportunities through more bank loans. will dilute current unitholders’ equity or by increasing its borrowings from banks. 2) Slower growth due to lack of funds to reinvest 3) Concentration risk as 75% must be in Assets. It's rental income and occupancy rate would be affected when there is a downturn in property market.
  • Asked by Anonymous

    Chris Chin
    Chris Chin, Senior Supply Chain at Mnc
    Level 4. Prodigy
    Updated on 23 Apr 2019
    I earned Cashback or Credits, when I used AXS Payment App to pay in one lumpsum by Credit Card, instead of by interest free GIRO instalment that don't earn anything. https://www.iras.gov.sg/irashome/Property/Property-owners/Paying-your-taxes/How-to-Pay-Tax/ Quote... Check with your credit card issuing bank if they offer any payment scheme to pay income tax via credit card. You can also use Mastercard (Credit or Debit cards) to pay tax on AXS e-Station over the internet or AXS m-Station mobile app. Credit card payments are not offered by IRAS directly because of the high transaction costs charged by the credit card service providers. This is to keep the cost of collection low to preserve public funds. Unquote...
  • Asked by Anonymous

    Chris Chin
    Chris Chin, Senior Supply Chain at Mnc
    Level 4. Prodigy
    Updated on 23 Apr 2019
    For beginners it is safer to Invest in ETF using CPF or Cash. CPF approved investments have limited selections though. The minimum amount required on your CPF account would be, as stated above, are $20,000 in your OA and/or $40,000 in your Special Account. You will need to open a CPF Investment Account with POSB, OCBC, or UOB too. Do read this article that covers more complete details on investing with CPF money. https://www.drwealth.com/cpf-investment/
  • Asked by Anonymous

    Chris Chin
    Chris Chin
    Level 4. Prodigy
    Answered on 23 Apr 2019
    1) Don't limit yourself with "as little as possible" Mindset from the start... 🙏😇 Your wealth potential is limited by what you are willing to do to save enough at the shortest time for emergency fund, insurance, buying your first home, and investing. It's quite normal for most of us to start out with little to no savings, unless we are from rich family. So you need to build your wealth from a small amount, and don't have the wrong expectations of achieving enough for investing by saving "as little as possible". However, starting with the wrong Mindset of "I plan to start investing with as little as possible" could be the recipe for NOT accumulating enough wealth for retirement. It should be "Save as much as possible and spend on necessities." 2) Investing too little an amount in one investment could be counterproductive as it could lead to poor Risk-Reward. You could be getting less reward for the risk in investing and might as well keep in slightly illiquid FD, SSB, Govt bonds, etc. 3) Next step is to increase potential savings by increasing your income potential. This could be done through investing more time and effort on improving your skillsets to access better paying jobs. Another way is to optimise the "Returns on Efforts" by looking out for another industry or job functions that can pay better using the same skillsets too. Leveraging your existing skillsets to do higher value added jobs would be better use of your limited resources.
  • Asked by Anonymous

    Chris Chin
    Chris Chin
    Level 4. Prodigy
    Answered on 23 Apr 2019
    REITs provides a cheaper and affordable access to benefit from property price increases and gives better than bank interest rates with higher returns on our savings over inflation. We don't have to see our savings eaten away by inflation and hdb price increases, while we are saving to buy our future hdb flat. Do take the time to learn about the performance indicators and comparison criterias of REITs, as NOT all REITs are guareanteed to be successful. It would be dangerous to invest in any REITs and stocks based solely on Dividend Yield comparisons, as there are other concerns like Gearing, DPU, Management, FOREX Risks in certain REITs, etc. Pertinent points to note... REITs offer investors the benefits of real estate investment along with the ease and advantages of investing in publicly traded stock. The investment characteristics of income-producing real estate has provided REIT investors with historically competitive long-term rates of return that complement the returns from other stocks and from bonds. REITs have historically provided investors dividend-based income, competitive market performance, transparency, liquidity, inflation protection and portfolio diversification. https://www.reit.com/investing/financial-benefits-reits
  • Asked by Anonymous

    Chris Chin
    Chris Chin
    Level 4. Prodigy
    Answered on 15 Mar 2019
    Yes, over diversification occurs when the number of investments in a portfolio exceeds the point where the marginal loss of expected return is greater than the marginal benefit of reduced risk. Read more details here and the solution to avoid it. http://www.arborinvestmentplanner.com/over-diversification/
  • Asked by Anonymous

    Chris Chin
    Chris Chin
    Level 4. Prodigy
    Answered on 11 Mar 2019
    Really depends on your position size or investment into that particular underlying stock and your investment target (short term, medium term or long term). Buy below Valuation. Can set a target at 3 years and sell as planned,regardless of profit or loss. Valuation details - please attend the paid class to find out. Otherwise, why would my friends pay to find out when they can get it free from seedly... 😂🤣
  • Asked by Anonymous

    Chris Chin
    Chris Chin
    Level 4. Prodigy
    Answered on 06 Sep 2018
    Success is not just about your wealth. Achieving financial security is not the only prerequisite to a happy life, as physical and mental health is needed to enjoy your wealth. A good interpersonal relationship is necessary, as you need to interact with service providers, family and friends around you. The amount needed is dependent on your lifestyle expectations, health necessities for basic survival, and aspirations for your loved ones.
  • Asked by Anonymous

    Chris Chin
    Chris Chin
    Level 4. Prodigy
    Answered on 04 Sep 2018
    In a financial crisis, almost every stock is affected. However, you need to hold on to your stocks if you invested in good companies with good business fundamentals. Many novice investors sell off when stock prices drop in a panic response, while institutional investors would buy more at low prices or sell off to invest in other good stocks in their watchlist that has suddenly become dirt cheap if they have made enough profits before the price drop below his profits. During a financial crisis, It's your holding and buying power that helps you come out better and richer if you made the right investments.
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