Until you have personally witnessed yourself; you will never want to think for yourself. Dementia: Lost and Found Again and Again!!!
The only reason ... They still have their loved ones with them to take calls from the kind strangers who have noticed them wandering around and care to check on them for identification and contact numbers. Once dementia; no amount of money can help you as you don't know what is money.
SINGAPORE: Sovereign wealth fund GIC manages well over
US$100 billion worth of assets in more than 40 countries globally.
According to its latest annual report released on Thursday (Jul 30), it
has generated an average annual real return of 4.9 per cent for the
20-year period ending March 31, 2015. This marks an increase from the
4.1 per cent it reported a year ago for the 20-year period ended in
The real rate of return reflects what is made over and
above global inflation. In USD nominal terms, the GIC portfolio
generated an annualised return of 6.1 per cent over the same period.
for portfolio mix, GIC said it has remained largely unchanged from the
previous year in terms of asset classes and geographical distribution
because it has a long-term investment horizon, and takes a bottom-up
approach, picking investments based on individual merit.
exposure to equities in developed and emerging markets accounted for
almost half its portfolio. Developed markets equities accounted for 29
per cent of the portfolio, while emerging markets equities 18 per cent.
The rest was in bonds, cash, real estate and private equity. On a geographical basis, exposure
to the Americas was highest at 43 per cent. followed by Asia at 30 per
cent and Europe, at 25 per cent. Australasia accounted for the remaining
2 per cent. Going forward, GIC said the investment
environment over the next decade is likely to be more difficult for all
investors. The sovereign wealth fund said asset prices, particularly in
developed markets have risen strongly in the past five years, amid
initial low valuations and loose monetary policy. However, the outlook
for economic growth and earnings has not improved by as much, so looking
ahead, it expects real returns to be more modest than in the past.
GIC said it will take advantage of short-term price volatility in order
to generate good long-term real returns. It added that its exposure to
emerging market equities will contribute positively to its portfolio
over the long term.
No free lunch. Lower risk. Lower portfolio return will be expected!
"Most of you will have 40 years or more in your working life. Unless, of
course you plan to retire very early in your 40s, when you should
ordinarily speaking still be peaking. It would be wasteful if you choose
to stop work prematurely, since so much human capital has been invested
in you. And believe me, you will be bored to death if you let up too
early in life." - Liew Mun Leong
Don't wait till 40 years to find out the outcome of our human asset. At that time, it is too late! Human Asset is like this. You don't keep moving up after some years; you
are likely to be condemned. That is why our Financial Assets must complement our
Human Asset and finally must overtake our Human Asset so that we can put our
condemned Human Asset to the junk yard without regrets.
Honestly. You are closer to listen to LML or Uncle8888?
Real Retail. Real Story He told me he lost 40% of his capital. 20% confirmed gone as the counter has been suspended recently! Another 20% paper losses. His mistake .... He kept averaging down this counter to 20% of his capital and now gone case. Another counter he also average down three times till large paper losses. The moral of the story for all newbies - Have you earned your right to average down? Never average down. Only for the learned ones or big fat purse!
1. On 18 May 2015, CitySpring Infrastructure Trust acquired the
business undertakings and assets of Crystal Trust (formerly known as
Keppel Infrastructure Trust), and was renamed Keppel Infrastructure
2. On 30 June 2015, KIT completed the acquisition of a 51% stake in
Keppel Merlimau Cogen Pte Ltd (“KMC”) for a purchase consideration of
$510 million, which was financed by an equity fund raising exercise. In
addition, KMC drew down $700 million in loan facilities as part of the
Accordingly, KIT’s 1Q FY2016 results do
not include any contributions from KMC.
3. Distribution per unit (DPU) of 0.25 Singapore cents was declared for the period from 29 May 2015 to 30 June 2015(1).
4. Group revenue for 1Q FY2016 was $114.4 million, 14.2% lower than
1Q FY2015, primarily as a result of lower town gas tariff arising from
lower fuel cost and higher negative CRSM payment incurred by Basslink.
5. Funds from operations (“FFO”)(2) was $22.2 million for
1Q FY2016, compared to $25.0 million for 1Q FY2015. This was due mainly
to higher negative CRSM payment and higher interest incurred by
Basslink, which were partially offset by contribution from the Crystal
acquisition and lower maintenance capital expenditure at Basslink.
6. Net asset value per unit as at 30 June 2015 increased to 36.3
Singapore cents from 12.3 Singapore cents as at 31 March 2015.
increase was due mainly to the Crystal acquisition and the KMC
acquisition and mark-to-market gains of derivative instruments, which
were partially offset by distributions paid. 7. Gearing(3) as at 30 June 2015 was 37% compared to 52% as at 31 March 2015 due to lower gearing of the Crystal assets and KMC. (1) Distribution from 1 April 2015 to 17 May 2015 of $6.4
million was paid on 26 May 2015. Distribution from 18 May 2015 to 28 May
2015 of $3.1 million was paid on 8 June 2015. This excludes the special
distribution of $30.0 million paid on 8 June 2015. (2) Funds from Operations (“FFO”) is defined as PAT
adjusted for reduction in concession/lease receivables, transaction
costs, investment expenditure, non-cash interest and current cash tax,
maintenance capex, non-cash adjustments and non-controlling interests
adjustments. (3) Defined as net debt over total assets.
The financial impact is Same same or Not much different? Right issues: Not participating in right issues as we don't have enough capital or extras to do it Inflation: Not earning enough return on our net worth to overcome inflation. If we don't do it; it WON'T impact us immediately as there is ready alternative to ease ourselves so that we don't feel the pinch or pain financially now.
But; over the next decades it will slowly and definitely will have financial impact. It is the level of financial impact but will never bezero financial impact. Catch no ball? Read? Education - Trading - REITs
George Burns once remarked, “You can’t help getting older, but you can
help getting old.” With twenty-five years of experience working with
seniors and studying aging, the Erickson Corporation has amassed a
wealth of insights that support this maxim. In Old Is the New Young,
leading specialists take the latest clinical research findings on aging
and how to improve and maintain health to produce a one-of-a-kind
book—a book replete with easily accessible tools and simple steps that
all those over fifty can apply to their own lives.
They approach aging
as a three-part process: keeping what’s intact; recovering what’s been
lost; and compensating when necessary. Weaving in inspiring life stories
with plenty of laughs from seniors themselves, the book comprises four
sections that address the key aspects of life—mental, physical,
social, and financial—and how to keep them thriving as we grow . . .
Uncle8888's KIT (K-Green) his dividend in specie that was given by Kep Corp in Mar 2011
Over the last five years, he has collected about 40 cts in accumulated dividends; but recently he has returned back all the past dividends of 40 cts plus another 11.5 cts to participate in the right issue of 51.5 cts and put in another 29% of his own capital.
I am 61 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and retired @ 60 from full-time job as employee.
Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 2nd year uni in SUTD.
I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild.
I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
Last updated: 3 Sep 2017
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