(Post 55/week 41)Investment project updates(Peer to peer lending):Moolahsense(My eighth campaign)

Moolahsense(My eighth campaign with Moolahsense)

Note*the company name will not be revealed just like the previous post as my money are still inside moolahsense, haha(this is not a sponsored post by the way)

Issuer summary
Date of listing:FEB 2018
Amount:$73,000
Tenor: 63 days
Note type: Invoice financing

Quoting from let's crowd smarter website...

Link:http://letscrowdsmarter.com/p2p-invoice-financing/

• Equal installment: Invoice financing refers to the sale of accounts receivables by a company for immediate cash. It is a form of short-term financing often used to improve a company’s working capital position. Invoice financing is similar to short-term loans, although there are some differences.
  In a p2p context, there are 4 parties: the company (or seller of the invoice), the company’s client (or debtor), the p2p platform and the investor.A very useful chart from let's crowd smarter is shown below

Repayment frequency: End of maturity

• Repayment frequency: Will be paid at the end of the campaign

Target interest rate:12%P.A

Quoting from Moolahsense website

• Target interest rate: The maximum rate the issuer is willing to provide the interest on the principal subscription amount which the issuer wished to obtain, as notified in writing by the issue to Moolahsese

Purpose: Working capital

Quote from valuepenguin:https://www.valuepenguin.sg/what-is-working-capital

• Working capital: It is a concept to describe a business ability to cover its short-term operating costs
• E.g For this campaign, I have funded $200 into it
• As the target interest rate is 12%, this means that at the end of the tenor, which is only 63 days/2months I will expect to receive $204
• 100%=$200
• 1 year=12%
• 2month=(12/1)*2=2%
• 2%(Interest for 2 month)=($200/100)*2=$4
• 102%(The Principal + the interest for six month)=$200 + $4=$204
• Since the payment will only be made at the end of the campaign,i will expect to receive the lump sum of $204 at the end of the campaign

Summary company profile

• The issuer is a company incorporated in Singapore in 2011. 
• The Issuer is in the building and construction industry and has around 20 employees. 
• The Issuer is specialized in electrical engineering works and is registered with the Building and Construction Authority of Singapore as a Registered Contractor for Electrical Engineering 

Detail of purpose

• Invoice Financing- The Issuer seeks to obtain short-term financing and working capital through this loan, which is expected to be repaid from the proceeds of the Issuer.

Financial statement

Due to it being a invoice financing,no financial statement is presented,except a summary

Turnover(the amount of money taken by a business in a particular period):$2,594,655,.00
Debtor industry: Construction
Invoice Face Value:$135,850,00
Invoice Payment Terms: 63 days

Why did I invest in this loan?

• The invoice financing period is only 63 days(due to late payment, the company still owes me about $30)

Repayment schedule

Net repayment is almost the same as the working capital that I have calculated above:$204

The downside for invoice financing is that both principal and interest are only payable at the end of the campaign

Stay tuned to my next week post:moolahsense(my ninth campaign)!

(Post 54/week 39)Learning trading/investing together part 5:REIT (Real Estate Investment Trust)

What is a REIT?

• Reit are investments in a portfolio of income-generating real estate assets such as shopping malls, office, hotels or serviced apartments, usually, establish with a view to generate steady income and long-term capital growth for unitholders

8 main type of REITs

Link:https://www.fool.sg/2018/07/12/8-different-types-of-reits-and-stapled-trusts-listed-in-singapore/

1. Industrial 
2. Residential                                  
3. Retail
4. Hotel and resort
5. Office
6. Healthcare
7. Specialized
8. Diversified

1. Industrial

• Ascendas Real Estate Investment Trust (SGX: A17U) and Mapletree Industrial Trust (SGX: ME8U) 

2. Residential

• Ascott Residence Trust(SGX: A68U) 

3.Retail

• CapitaLand Mall Trust (SGX: C38U), Frasers Centrepoint Trust (SGX: J69U)

4.Hotel and resorts

• Frasers Hospitality Trust (SGX: ACV) and OUE Hospitality Trust (SGX: SK7)

5.Office

• CapitaLand Commercial Trust (SGX: C61U)

6.Healthcare

• First Real Estate Investment Trust (SGX: AW9U) and Parkway Life REIT (SGX: C2PU)

7.Specialized 

•  Keppel DC REIT (SGX: AJBU) *owns a data center

8.Diversified

• Viva Industrial Trust (SGX: T8B) and Suntec Real Estate Investment Trust (SGX: T82U)

Benefits of REITs

Income distribution

REIT asset are professionally managed and revenues generated (primarily rental income)normally distributed at regular intervals as dividends to shareholders

Diversification

REIT typically own multi-property portfolios with diversified tenants pool. This reduces the risk of relying on a single property and tenant, which we face when we directly own a real estate company

Liquidity

Compared to investing directly in real estate properties.REITs offer the significant advantage of liquidity-the ease of converting assets into cash. because REIT are listed on the stock exchange, we can buy and sell shares easily.and in much smaller amounts than buying physical property

Did you know?

The 35 REITs listed on Singapore exchange generated an average total return of 3.98% in the year to date with an average dividend yield exceeding 7.4%;

We can invest in prominent shopping malls like ngee ann city, paragon,vivocity and plaza singapura via REIT, invest in them to enjoy the rental returns and capital growth, while shopping!

REITs                                                     Asset

Starhill global REIT                              Ngee ann city             
SPH REIT                                             Paragon
Capitaland mall trust                             Plaza Singapura
Mapletree commercial trust                  Vivocity



Office space is getting expensive and rentals are climbing. ever thought of investing in prime office space like Marina Bay Financial Centre or Raffles City?

They are managed by Keppel REITs and Capitaland Mall Trust respectively

Singapore is well poised as a top tourist destination.we can be part of Singapore tourism growth by investing in hospitality REIT like OUE Hospitality Trust(which manages Mandarin Orchard Singapore) and Frasers Hospitality Trust(which manage Intercontinental Singapore)





(Source Bloomberg data as of 18 March 2016)

Will got into the respective REIT more in details in the near future!

part 6 here!

(Post 53/week 38)Investment project updates(peer to peer lending):Moolahsense(My seventh campaign)

Moolahsense(My seventh campaign with Moolahsense)

Note*the company name will not be revealed just like the previous post as my money are still inside moolahsense, haha(this is not a sponsored post by the way)

Issuer summary
Date of listing:FEB 2018
Amount:$50,000
Tenor: 12 months
Note type: Equal installment

Quoting from the moolahsense website

• Equal installment:A promissory note by which an installment of the principal subscription amoung and/or interest accrued and due up to the date of payment shall be payable on such dates as set out in a repayment schedule specified in the promissory note, and on the maturity date, the principal subscription amount would have been paid in full

Repayment frequency: Monthly

• Repayment frequency: Will be paid monthly

Target interest rate:16.75%P.A

Quoting from Moolahsense website

• Target interest rate: The maximum rate the issuer is willing to provide the interest on the principal subscription amount which the issuer wished to obtain, as notified in writing by the issue to Moolahsese

Purpose: Working capital

Quote from valuepenguin:https://www.valuepenguin.sg/what-is-working-capital

• Working capital: It is a concept to describe a business ability to cover its short-term operating costs
• E.g For this campaign, I have funded $300 into it
• As the target interest rate is 16.75%, this means that at the end of the tenor, which is 12 month I will expect to receive $350.25
• 100%=$300
• 16.75%(Interest for 12 month/1 years)=$50.25
• 116.75%(The Principal + the interest for six month)=$300+ $50.25
• Since the tenor is  months, each month I will receive $(inclusive of interest) in payment/equal installment
• 1month=$350.25/12=$29.18

Summary company profile

• The issue is a company incorporated in Singapore in 2012.  
• The Issuer is in the air-conditioning industry and has around 10 employees.
• The Issuer specializes in the supply, installation, maintenance, and repair of air-conditioning units and systems as well as mechanical ventilation ductworks.  
• The Issuer is registered with the Building and Construction Authority of Singapore as a Registered Contractor for Air-Conditioning, Refrigeration & Ventilation Works.

Detail of purpose

• The Issuer seeks funds to purchase inventory for various ongoing projects which have been awarded to the Issuer.

Financial statement

Will only reveal a part of the financial statement due to confidentiality. As I have mentioned a few weeks ago in my post, that I only mainly use this three ratio: current ratio, quick ratio and debt to equity ratio to decide in investing in a campaign, hence I will be showing its ratio below

The ratio is as follow(left side of the column is for the year 2016/right side of the column is for the year 2015)

Year 2016/Year 2015

(Current ratio 2016:55.78),(Current ratio 2015:51.18)

• A simple ratio of current asset divide by current liabilities
• Current liabilities are debt that needs to clear in the short term(in a year)
• If a company has a current ratio less then 1.0, do not invest in it
• If a company has a current ratio more then 2.0, May consider investing in it
• The higher the current ratio, the better
• For the current ratio of 2015:51.18, it is higher than the recommended range(>2.0)
• For the current ratio of 2016:51.78, it is higher than the recommended range(>2.0)

(Quick ratio 2016:3.29),(Quick ratio 2015:1.57)

• The quick ratio is almost similar to current ratio except that it is assumed that the company does not sell its inventories(e.g Toyota inventory is its car) or stock, it is still able to fulfill its debt
• If the company has a quick ratio of 0.75 and below, do not invest in it
• If the company has a quick ratio of 1.25 and above, May consider investing in it
• The higher the quick ratio the better
• For the quick ratio of 2015:51.18, it is higher than the recommended range(>1.25)
• For the quick ratio of 2016:51.78, it is higher than the recommended range(>1.25)


(Total liabilities/equity 2016:0.47),(Total liabilities/equity 2015:2.03)





• The debt ratio is calculated by total liabilities divided by the equity
• If the company has a debt ratio of 1.5 and above, do not invest in it
• The company should essentially have a debt ratio of 1.0, if the debt ratio is below 0.75, do consider investing in it
• The lower the debt to equity ratio the better
• For the Total liabilities/equity of 2015:0.02 it is in the recommended range(<0.75)
• For the Total liabilities/equity of 2016:0.02, it is in the recommended range(<0.75)

Why did I invest in this loan?

• All of its current ratio, total liabilities/equity and quick ratio(2015 and 2016) is in the recommended range, hence I invested in this loan

• As the moment of writing, this loan is still ongoing and there is no late payment so far

Repayment schedule?

link on how too read the effective interest rate for moolahsense:http://letscrowdsmarter.com/understanding-interest-rates/

Monthly interest rate:interest/start balance=$4.19/$300=1.40%(Percentage conversion must *100)

Effective interest rate:1.39%*12=16.76%(almost the same as the target interest rate at 16.75%)

From the above picture, you can see that the Net repayment is at $27.06 instead of the $29.18 that I have mentioned above at the working capital, hence I will do a calculation here again

1-month repayment:$27.06

6-month repayment:$27.06*12=$324.72

$300(the amount I put in this campaign=100%

$324.72=(100/300)*324.72=108%

108%-100%=8%

The target interest rate as you can see in my above post is at around 16.75%P.A, after taking into account of the tenor rate being 12 months compared to 8% its almost 8.75% difference(i shall call this net interest rate instead)in this campaign. To conclude, this means that if you invest in a (16.75%P. A) high-interest rate campaign in moolahsense, you will get only about 8%

The next campaign that I will update soon is a finished campaign but and they are however still paying the repayment

Stay tuned to my next week post:moolahsense(my eighth campaign)!

(Post 52/week 37)Investment project update part 2:Posb invest saver Sept 2018 summary

6.Posb invest saver(Sept 2018)

My POSB invest saver update for the month of May, read here
My POSB invest saver update for the month of June, read here
My POSB invest saver update for the month of July, read here
My POSB invest saver update for the month of Aug, read here

Regular saving plan updates for ABF Singapore Bond Index Fund(A35)

Breakdown of my regular saving plan(A35) this month(Sept 2018)
Total amount(regular saving plan)A35:$100
Price per share:$1.127300
Gross sales charge:0.5%
Net sales charge amount:0.5% of 100=$0.50
Net amount invested: Total amount-net sales charge amount=$100-$0.50=$99.50
Units issued: Net amount invested/price per share=$99.50/$1.127300=88.26399361=88 units

Summary: As of 21Sept, the share price of A35 was at 1.127, has not change from last month,1.127(July update) which is quite at the middle with its maximum at 1.25(2011) and its lowest 1.00(2008). Will be watching it for any further movement, once below 1.100 will make a bulk purchase

Regular saving plan updates for Nikko AM Singapore STI ETF(G3B)

Breakdown of my regular saving plan(G3B) for this month(Sept 2018)

Total amount(regular saving plan)A35:$100
Price per share:$3.262100
Gross sales charge:0.82%
Net sales charge amount:0.82% of $100=$0.82
Net amount invested: Total amount-Net sales charge amount=$100-$0.82=99.18
Units issued: Net amount invested/price per share=$99.18/$3.326100=29.81772047=30 units

Summary: As of 21 Sept 2018, the share price of G3B is at 3.35 and ES3 is at 3.259. Both ES3 and G3B has been on a downtrend,with ES3 hitting this year low at 3.14 on 11 sept 2018, will be watching it for the next dip. Will be watching it along with A35

(Current regular saving plan portfolio)

(When you trade long term through dollar cost averaging, no need to worry about the red:D,)

Don't forget to DYODD(Do your own due diligence!)

(Post 51/week 36)Learning trading/investing together part 4:ETF (exchange traded fund)

Learning trading/investing together part 4: ETF(Exchange-traded fund)

Exchange traded funds(ETFs)

What are ETFs?

• Exchange traded funds(ETFs ) are investment funds listed and traded on an exchange
• They aim to track the performance of an index and provide investors access to a range of market and asset classes
• Buying and selling is the same as that of a stock and can be transacted through any broker

Benefits of ETF

Diversification

• Investors achieve diversification in one single transaction with minimum investment versus having to build a similar portfolio by purchasing individual stock, bonds or commodities which could require a huge investment outlay

Cost-effectiveness

• The cost of investing in ETFs are generally lower than actively managed funds(for example, Units Trusts) in the same markets of assets

Accessibility

• ETFs offer access to a variety of local and global markets, as well as asset classes, both broad and specific, which may be inaccessible to individual investors

Did you know?

• SGX lists two ETFs that track the Straits Times Index(STI) and SPDR Straits Times Index ETF(ES3) and NIKKO AM Singapore STI ETF(G3B). Investors stand to benefits from potential capital gain an dividend distribution
• An overview of their performances since 2009
• Annualized Return since 2009=11.1%(data as of 2016)
• Average Annual Dividend Yield since 2009 = 2.51%(data as of 2016)

What Is Straits Times Index?

• The Straits Times Index is the benchmarks index or the Singapore Stock market. It is represented by the 30 largest, most actively traded blue-chip companies list on the SGX  and are spread across various sectors(I am currently vested in STI ETF via POSB invest saver)

The table below details the 30 STI constituent stocks sorted by their market capitalization

Do take note of the STI WEIGHT % to get a better understanding of the respective company percentage that is held in STI ETF

What are the others respective country ETF?

United States

• S&P 500 ETF(tracks the top 500 companies in the US)

Japan

• Nikkei 225(track the top 225 companies in Japan)

Hong Kong

• Hang Seng Index

Britain

• FTSE 100 index

That all for this week, ETF will be mention again in a near future post!do look out for next week post on REITs!

part 5 here!

(Post 50/week 36)Investment project updates:Moolahsense review(My sixth campaign)

**Congratulation to myself for reaching post 50!!

6.Moolahsense(My sixth campaign with Moolahsense)

Note*the company name will not be revealed just like the previous post as my money are still inside moolahsense(this is not a sponsored post by the way)

Issuer summary
Date of listing: Jan 2018
Amount:$100
Tenor:12 months
Repayment type: Callable

Quoting from the SGYoungInvestment

• Callable: In a Callable note, an issuer has an option to early redeem the note on a quarterly basis. If the note is not early redeemed, the issuer pays a quarterly interest. The principal will be fully repaid on the quarter that the redemption is early called or at the maturity date.

Assume that you invested $10k in a campaign at a final note rate of 13.5% p.a. in a Callable note.(Below is a very useful illustration)

                               

Repayment term: Quarterly

• Repayment term: Every 3 months

Target interest rate:8%P.A

Quoting from Moolahsense website

• Target interest rate: The maximum rate the issuer is willing to provide the interest on the principal subscription amount which the issuer wished to obtain, as notified in writing by the issue to Moolahsese

Purpose: Working capital

Quote from valuepenguin:https://www.valuepenguin.sg/what-is-working-capital

• Working capital: It is a concept to describe a business ability to cover its short-term operating costs
• E.g For this campaign, I have funded $100 into it(which is the amount I actually funded, and the first campaign I funded when moolahsense change their minimum amount to invest from $500 to $100)
• As the target interest rate is 8%, this means that at the end of the tenor, which is 12 month I will expect to receive $108
• 100%=$108
• 8%(Interest for 12 month/1 years)=$8
• 108%(The Principal + the interest for 12 months)=$100+$8
• However, a callable note will only pay the interest and you can redeem (principal) anytime,or you can simply just wait until the end of the tenor to get back the (principal)
• Do note that interest is automatically credit to your moolahsense account holdings

Summary company profile

• The issuer is a company incorporated in 2011
• The Issuer is in the metal and minerals wholesale industry and has around 10 employees. 
• The Issuer supplies three main categories of products: (a) base metals and metal alloys (including lead,copper, aluminium, and steel), (b) scrap metal (including copper, aluminium, steel, brass and zinc scrap), and (c) minerals and concentrates (including coal, iron ore, and copper concentrates and blisters). 
• The Issuer is headquartered in Singapore and has affiliated offices in Hong Kong, Thailand, Indonesia, Duba, and England.

Detail of purpose

• In anticipation of an increase in demand and business volume, the Issuer seeks funds to finance the purchase of additional goods for sale to its customers.

Financial statement

Will only reveal a part of the financial statement due to confidentiality. As I have mentioned a few weeks ago in my post, that I only mainly use this three ratio: current ratio, quick ratio and debt to equity ratio to decide in investing in a campaign, hence I will be showing its ratio below

The ratio is as follow(left side of the column is for the year 2016/right side of the column is for the year 2015)

Year 2016/Year 2015

(Current ratio 2016:3.29),(Current ratio 2015:1.57)

• A simple ratio of current asset divide by current liabilities
• Current liabilities are debt that needs to clear in the short term(in a year)
• If a company has a current ratio less then 1.0, do not invest in it
• If a company has a current ratio more then 2.0, May consider investing in it
• The higher the current ratio, the better
• For the current ratio of 2015:1.57, it is out of the recommended range(>2.0)
• For the current ratio of 2016:3.29, it is higher than the recommended range(>2.0)

(Quick ratio 2016:3.29),(Quick ratio 2015:1.57)

• The quick ratio is almost similar to current ratio except that it is assumed that the company does not sell its inventories(e.g Toyota inventory is its car) or stock, it is still able to fulfill its debt
• If the company has a quick ratio of 0.75 and below, do not invest in it
• If the company has a quick ratio of 1.25 and above, May consider investing in it
• The higher the quick ratio the better
• For the quick ratio of 2015:1.57, it is higher than the recommended range(>1.25)
• For the quick ratio of 2016:3.29, it is higher than the recommended range(>1.25)

(Total liabilities/equity 2016:0.47),(Total liabilities/equity 2015:2.03)

• The debt ratio is calculated by total liabilities divided by the equity
• If the company has a debt ratio of 1.5 and above, do not invest in it
• The company should essentially have a debt ratio of 1.0, if the debt ratio is below 0.75, do consider investing in it
• The lower the debt to equity ratio the better
• For the Total liabilities/equity of 2015:2.03, it is out of the recommended range(<0.75)
• For the Total liabilities/equity of 2016:0.47, it is in the recommended range(<0.75)

Why did I invest in this loan?

• The current ratio 2015(1.57) and total liabilities/equity 2015(2.03) is out of the recommended range of >2.0 and <0 75 
• However the current ratio 2016 (3.29),quick ratio 2016(3.29) and,total liabilities/equity 2016(0.47) is in the recommended range of <0.75, as the financial statement ratio met all of the above-recommended ratios, I invested in the campaign
• The increase in current ratio and quick ratio ,and decrease in total liabilities/equity from 2015 to 2016 show that the company is profiting well and paying off their debt

• The loan is about halfway through so far

link on how too read the effective interest rate for moolahsense:http://letscrowdsmarter.com/understanding-interest-rates/

As this is a callable note, that is different from the usual equal installment, the company will pay out an interest every month and you can redraw your principal anytime, or you can simply just collect interest until the end of the campaign

$100(the amount I put in this campaign=100%

$108=(100/100)*108=108%

108%-100%=8%

About 8% earned, and about 1% goes into moolahsense servicing fee hence,

Total net payment=$100.98+$0.98+$0.98+$0.98=$106.92

$100=100%

$106.92=106.92%

106.92-100=6.92%

Total 6.92% earn from this campaign, pretty good interest I must say!

that's all for this campaign, about halfway through all my moolahsense campaign!

(Post 49/week 35)Zero dollar project updates:carousell,Bitcoin Faucets,Short Link,Online survey and Adsense update

Updates for last two week of zero dollar project

1.Carousell
2.Bitcoin faucets
3.Short link
4.Online survey
5.Adsense update

1.Carousell

My carousell:carousell.com/eric996

Total earnings for carousell last week:$3+$2=$5(paylah)

2.Bitcoin faucets

Current coinpot holding

Bitcoin core: 5334 Satoshi
Bitcoin cash: 6211 bch
Dogecoin:  58.68doge
Litecoin:  0.00169 ltc
Dashcoin: 0.00047304 dash

3.Short link

Last two week

Currently






Total earning for short link last two week:$5.1971-$4.6883 = $0.5088

For more information on how's I use both short link on my blog and YouTube, read here

4.Online survey

Current online survey on my list...(Bold mean that these survey websites have been verified for payout)

4.1 Toluna
4.2.surveyon
4.3 YouGov
4.4 mobrog
4.5 ipanelonline
4.6 viewfruit
4.7 mysurvey
4.8 millleu(App on google play store)

Survey that payout last two week:2 x surveyon($2.00)

The total payout for last week survey:$2.00+$2.00=$4.00

5.Adsense

Last week earning for Adsense:$0.60

Total earnings for last two week zero dollar project:$5 + $0.5088 + $4.00+ $0.60=$10.01

That's all for the updates this week for my zero dollar project! stay tuned to my investment project updates for this week!