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Financial Horse - Singapore Stock and REIT Investments
24 Sept, 02:19
Most people think retirement planning is about one question:“How much money is enough to retire?”But that is only half the issue.An important question to ask yourself is:“What can go wrong after retirement — and what’s the plan?”https://financialhorse.com/the-biggest-retirement-risks-in-singapore-its-not-just-running-out-of-money/Financial HorseThe Biggest Retirement Risks in Singapore — It’s Not Just Running Out of MoneyMost people think retirement planning is about one question: “How much money is enough to retire?” But that is only half the issue. An important question to ask yourself is: “What can go wrong after retirement — and what’s the plan?” During the working years…Financial Horse - Singapore Stock and REIT Investments
20 Sept, 02:24
Should you defer CPF LIFE to 70 for S$2,380 a month instead of S$1,780 — is the 5-year wait worth S$107,000?Okay so when I wrote about which pot to drain first in retirement, I said that deferring CPF LIFE deserved its own article — and quite a few of you took me up on it.So here it is.CPF’s own example is a member with S$220,400 in his Retirement Account on the Standard Plan: S$1,780 a month if he starts at 65, or S$2,380 a month if he waits until 70.S$600 a month more, for life, for waiting 5 years.The catch is that those 5 years cost you 60 payouts of S$1,780 — about S$107,000 that has to come out of your own pocket instead.So 3 questions:1. At what age do you break even? 2. What do the 5 years of waiting actually cost — and does it matter where the money comes from? 3. Who should not defer?https://financialhorse.com/should-you-defer-cpf-life-to-70-for-s2380-a-month-inFinancial HorseShould you defer CPF LIFE to 70 for S$2,380 a month instead of S$1,780 — is the 5-year wait worth S$107,000? | Financial HorseOkay so when I wrote about which pot to drain first in retirement, I said that deferring CPF LIFE deserved its own article — and quite a few of you took me up on it. So here it is. CPF’s own example is a member with S$220,400 in his Retirement Account on…Financial Horse - Singapore Stock and REIT Investments
19 Sept, 01:55
Grab shares plunge 59% in 1 year – Will I sell my shares or buy more?Okay so quite a few of you have asked me about Grab.And I understand why – Grab closed at US$2.81 this week.The lowest since mid 2023.And it is now down 59% since its high of 6.60 just late last year.Yet all 26 analysts covering Grab rate it a Buy, with an average target price of US$5.86 – double today’s price.I hold grab shares with an average price of $3 – $4, so I am definitely down on this position.So... will I sell my shares, or will I buy more?https://financialhorse.com/grab-shares-plunge-59-in-1-year-will-i-sell-my-shares-or-buy-more/Financial HorseGrab shares plunge 59% in 1 year – Will I sell my shares or buy more? | Financial HorseOkay so quite a few of you have asked me about Grab. And I understand why – Grab closed at US$2.81 this week. The lowest since mid 2023. And it is now down 59% since its high of 6.60 just late last year. Yet all 26 analysts covering Grab rate it a Buy, with…Financial Horse - Singapore Stock and REIT Investments
17 Sept, 02:00
Wealth planning sounds like something only billionaires need.The rich may have more assets, more advisers, and more complicated estates. But the basic problems are the same for ordinary families.The famous cases are useful because they show what happens when wealth planning fails at scale.The names are glamorous.The mistakes are painfully ordinary.https://financialhorse.com/famous-wealth-planning-mistakes-and-what-we-can-learn-from-them/Financial HorseFamous Wealth Planning Mistakes - And What We Can Learn From Them | Financial HorseWealth planning sounds like something only billionaires need. That is the first mistake. The rich may have more assets, more advisers, and more complicated estates. But the basic problems are the same for ordinary families. The famous cases are useful because…Financial Horse - Singapore Stock and REIT Investments
13 Sept, 01:37
Keppel DC REIT buys two Tokyo data centres for S$1.37 billion — is this a good deal, and will I buy this REIT at 4.7% dividend yield?In case you missed it, Keppel DC REIT announced last week that it is buying two data centres in Inzai, Greater Tokyo, for S$1.37 billion.To pay for it, the REIT raised S$625 million in a private placement at S$2.10 a unit.Quite a few of you have asked me what I make of it, so in this article I wanted to discuss:1. Is this Tokyo acquisition a good deal for existing unitholders? 2. What does the Japanese yen have to do with it? 3. Would I buy Keppel DC REIT at S$2.24?https://financialhorse.com/keppel-dc-reit-buys-two-tokyo-data-centres-for-s1-37-billion-is-this-a-good-deal-and-will-i-buy-this-reit-at-4-7-dividend-yield/#So_is_it_a_good_deal_and_will_I_buyFinancial HorseKeppel DC REIT buys two Tokyo data centres for S$1.37 billion — is this a good deal, and will I buy this REIT at 4.7% dividend…In case you missed it, Keppel DC REIT announced last week that it is buying two data centres in Inzai, Greater Tokyo, for S$1.37 billion. To pay for it, the REIT raised S$625 million in a private placement at S$2.10 a unit — about a 4.5% discount to the S$2.20…Financial Horse - Singapore Stock and REIT Investments
12 Sept, 00:49
OCBC is cheap (undervalued) at $32? – Why I disagree despite being a shareholderOver the weekend, an article popped up on my Google feed with the title “OCBC is cheap (undervalued) at $32.27. Not Kidding.”Now OCBC is my biggest bank position, so naturally I wanted it to be right.I mean, why would I not want this position to double from here.But wanting something to be true is not the same as it being true, so I sat down and ran the numbers myself.And I wanted to share the numbers with you guys – whether OCBC is truly undervalued.https://financialhorse.com/ocbc-is-cheap-undervalued-at-32-why-i-disagree-despite-being-a-shareholder/Financial HorseOCBC is cheap (undervalued) at $32? – Why I disagree despite being a shareholder | Financial HorseOkay so this one is a little different. Over the weekend, an article popped up on my Google feed with the title “OCBC is cheap (undervalued) at $32.27. Not Kidding.” Now OCBC is my biggest bank position, so naturally I wanted it to be right. I mean, why would…Financial Horse - Singapore Stock and REIT Investments
10 Sept, 03:09
Some things are absolutely worth “overpaying” for – because they buy back energy, time, and sanity for years.Others just drain cash and add zero long-term happiness.Lifestyle Upgrades Worth The Splurge?https://financialhorse.com/lifestyle-upgrades-worth-the-splurge/Financial HorseLifestyle Upgrades Worth The Splurge? | Financial HorseSome things are absolutely worth “overpaying” for – because they buy back energy, time, and sanity for years. Others just drain cash and add zero long-term happiness. The trick is knowing which is which, and having clear rules so you can splurge guilt-free.…Financial Horse - Singapore Stock and REIT Investments
6 Sept, 02:34
Your spouse inherits S$1 million and has never bought a stock — what should the portfolio look like?Okay so this one comes from a reader comment on the last article.“Part 1: Cannot siam US estate tax easily.Part 2: Where your spouse can find your money.We need a Part 3 — how your spouse should set up a fuss-free portfolio when they are less financially savvy.”Fair point.Part 1 covered how long your family waits before they see a cent. Part 2 covered the one-page plan so they can actually find the money.Neither answered the obvious next question — what do they do with it once they have it?And the best starting point is this: the goal is not to turn your spouse into a hardcore investor picking 30 different stocks globally and managing stop losses.The goal is to build a portfolio that doesn’t need them to be one.Financial HorseYour spouse inherits S$1 million and has never bought a stock — what should the portfolio look like? | Financial HorseOkay so this one comes from a reader comment on the last article. “Part 1: Cannot siam US estate tax easily. Part 2: Where your spouse can find your money. We need a Part 3 — how your spouse should set up a fuss-free portfolio when they are less financially…Financial Horse - Singapore Stock and REIT Investments
5 Sept, 02:37
S-REITs are back at Iran-war lows and yield 6.4% — will I buy back the REITs I sold this year?Okay so after the inflation article last week, quite a few of you have asked me for my views on S-REITs and interest rates.Especially after the article on the local banks, where I said I was holding the banks but not adding at these valuations.The S-REIT index has fallen all the way back to the lows we saw during the Iran war in March and April.Singapore REITs are down about 7% in 2026, while the STI is up more than 20% and the local banks sit near their highs.At today’s prices, the sector yields about 6.4% on forward distributions.So… are REITs a good buy?And what would I do with the REITs I still own, given I’ve been selling REITs all year?https://financialhorse.com/s-reits-are-back-at-iran-war-lows-and-yield-6-4-will-i-buy-back-the-reits-i-sold-this-year/Financial HorseS-REITs are back at Iran-war lows and yield 6.4% — will I buy back the REITs I sold this year? | Financial HorseOkay so after the inflation article last week, quite a few of you have asked me for my views on S-REITs and interest rates. Especially after the article on the local banks, where I said I was holding the banks but not adding at these valuations. The S-REIT…Financial Horse - Singapore Stock and REIT Investments
3 Sept, 02:11
Most people think financial problems are about numbers.They are not.At least, not only about numbers.Behind every financial decision is a story ...https://financialhorse.com/how-to-unpack-financial-baggage-and-finally-take-control-of-your-money-in-singapore/Financial HorseHow to Unpack Financial Baggage — and Finally Take Control of Your Money in SingaporeMost people think financial problems are about numbers. They are not. At least, not only about numbers. Yes, your salary matters. Your CPF matters. Your investments matter. Your insurance matters. But behind every financial decision is a story. Why do some…Financial Horse - Singapore Stock and REIT Investments
30 Aug, 01:36
Singapore inflation jumps to 2.2% — but T-bills pay just 1.56%. Where should you park cash now?In case you missed it — Singapore headline inflation just came in at 2.2%.That is the highest reading since August 2024.At the same time, the latest completed 6-month T-bill auction paid just 1.56%.In plain English, almost every conventional place to park cash in Singapore now offers a headline yield below the current inflation rate.So in this article, I wanted to cover 3 questions:1. Why is inflation back? 2. Which cash instruments still offer a yield above inflation, if any? 3. Where would I park cash today?https://financialhorse.com/singapore-inflation-jumps-to-2-2-but-t-bills-pay-just-1-56-where-should-you-park-cash-now/Financial HorseSingapore inflation jumps to 2.2% — but T-bills pay just 1.56%. Where should you park cash now? | Financial HorseIn case you missed it — Singapore headline inflation just came in at 2.2%. That is the highest reading since August 2024. At the same time, the latest completed 6-month T-bill auction paid just 1.56%. In plain English, almost every conventional place to park…Financial Horse - Singapore Stock and REIT Investments
29 Aug, 01:24
Keppel Infrastructure Trust pays a 7.6% dividend yield — will I finally sell this business trust?Okay so quite a few of you have asked me about Keppel Infrastructure Trust (KIT).And I understand why — the unit price is up more than 30% from its June 2025 low, yet it still offers a 7.6% trailing yield.I bought KIT in the low 40s in 2023, so to be fair this investment has done very well for me.Including distributions, I’ve made almost 50-60% on my investment over a 3 year period, working out to almost a 20% annualised return.Well this month, I decided to finally take profit in this business trust.https://financialhorse.com/keppel-infrastructure-trust-pays-a-7-6-dividend-yield-will-i-finally-sell-this-business-trust/Financial HorseKeppel Infrastructure Trust pays a 7.6% dividend yield — will I finally sell this business trust? | Financial HorseOkay so quite a few of you have asked me about Keppel Infrastructure Trust (KIT). And I understand why — the unit price is up more than 30% from its June 2025 low, yet it still offers a 7.6% trailing yield. I bought KIT in the low 40s in 2023, so to be fair…Financial Horse - Singapore Stock and REIT Investments
27 Aug, 02:00
Healthcare has three powerful structural tailwinds.The global population is ageing.Ageing, Innovation and AI: 10 Healthcare Stocks Positioned to Benefithttps://financialhorse.com/ageing-innovation-and-ai-10-healthcare-stocks-positioned-to-benefit/Financial HorseAgeing, Innovation and AI: 10 Healthcare Stocks Positioned to BenefitHealthcare has three powerful structural tailwinds. The global population is ageing. Medical innovation is expanding what can be diagnosed and treated. And artificial intelligence is beginning to change drug discovery, medical imaging and clinical workflows.…Financial Horse - Singapore Stock and REIT Investments
23 Aug, 02:40
Retiring with S$2 million in cash, SRS, CPF and stocks — which should you draw down first?Quite a few of you have asked me about this since the 4% rule article.Say you retire with S$2 million spread across cash, an SRS account, CPF and a brokerage account full of stocks.Which pot should you draw down first?Most people never plan this. They spend whatever feels most liquid and leave the SRS untouched “to compound tax-deferred” — because that is what many American retirement guides say to do.But on a S$400,000 SRS account, that instinct could cost you S$21,150 in tax.https://financialhorse.com/retiring-with-s2-million-in-cash-srs-cpf-and-stocks-which-should-i-draw-down-first/Financial HorseRetiring with S$2 million in cash, SRS, CPF and stocks — which should you draw down first? | Financial HorseQuite a few of you have asked me about this since the 4% rule article. Say you retire with S$2 million spread across cash, an SRS account, CPF and a brokerage account full of stocks. Which pot should you draw down first? Most people never plan this. They…Financial Horse - Singapore Stock and REIT Investments
22 Aug, 01:36
How I would invest $1 million today – amid higher interest rates and the Iran warSo in an article earlier this month, some of you guys pointed out that I didn’t actually share how I would invest $1 million in this market.On reflection, you guys were right – and my sincere apologies for the misleading title.So I figured, let’s do a proper piece that tackles the topic head-on.Assuming I have no investments today.And you gave me $1 million to invest as I deem fit.How would I invest the $1 million today?https://financialhorse.com/how-i-would-invest-1-million-today-amid-higher-interest-rates-and-the-iran-war/Financial HorseHow I would invest $1 million today – amid higher interest rates and the Iran war | Financial HorseSo in an article earlier this month, some of you guys pointed out that I didn’t actually share how I would invest $1 million in this market. On reflection, you guys were right – and my sincere apologies for the misleading title. So I figured, let’s do a proper…Financial Horse - Singapore Stock and REIT Investments
20 Aug, 01:54
It is not always about who has the most recognizable logo, the longest boutique queue, or the most viral handbag. Sometimes the more interesting question is:What do powerful, famous, or ultra-rich people buy when they do not need anyone else to recognise it?https://financialhorse.com/10-ultra-luxury-brands-you-probably-dont-know-about/Financial Horse10 Ultra Luxury Brands You Probably Don’t Know AboutMost people know about famous luxury brands. But it is not always about who has the most recognizable logo, the longest boutique queue, or the most viral handbag. Sometimes the more interesting question is: What do powerful, famous, or ultra-rich people buy…Financial Horse - Singapore Stock and REIT Investments
19 Aug, 11:20
Focus into more wealth 🔥In investing, use diversification for survival, and concentration for impact 💡https://www.instagram.com/p/DcODvrRAezQ/?utm_source=ig_web_copy_link&igsi=MzRlODBiNWFlZA==Financial Horse - Singapore Stock and REIT Investments
15 Aug, 01:48
OCBC profit up 22%, UOB down 5% — which Singapore bank would I buy after record Q2 earnings?Okay so quite a few of you have asked me for my views on the Singapore bank results.DBS and OCBC both reported record quarterly profits, and both stocks hit fresh all-time highs.UOB reported a 10% rise in profits — and the stock fell almost 5%.So… with the earnings result and price move, which is the best Singapore bank to buy today?https://financialhorse.com/ocbc-profit-up-22-uob-down-5-which-singapore-bank-would-i-buy-after-record-q2-earnings/Financial HorseOCBC profit up 22%, UOB down 5% — which Singapore bank would I buy after record Q2 earnings? | Financial HorseOkay so quite a few of you have asked me for my views on the Singapore bank results. And what a results week it was. DBS and OCBC both reported record quarterly profits, and both stocks hit fresh all-time highs. UOB reported a 10% rise in profits — and the…Financial Horse - Singapore Stock and REIT Investments
13 Aug, 15:50
The big health risks in Singapore are fairly clear. Based on MOH’s 2024 death data, the top causes of death were cancer, pneumonia, ischaemic heart disease, stroke, and hypertensive diseases.So the practical question is:What are the biggest health risks in Singapore, and how should Singaporeans prepare financially?https://financialhorse.com/the-5-biggest-health-risks-in-singapore-and-how-singaporeans-should-prepare-financially/Financial HorseThe 5 Biggest Health Risks in Singapore — And How Singaporeans Should Prepare FinanciallyMost Singaporeans think about healthcare planning only when insurance premiums go up. But the bigger issue is not just hospital bills. A serious illness can also mean lost income, rehab costs, caregiver costs, helper costs, and the need for cash before insurance…Financial Horse - Singapore Stock and REIT Investments
9 Aug, 01:06
If you died tomorrow, can your family actually run your portfolio? The one-page plan + 5 documents to leave behindOkay so this one is by popular demand.At the end of the brokerage account article, I asked whether there was interest in a piece on how to leave behind a portfolio your spouse/kids can actually run.A LOT of you said yes.So I decided to sit down to answer the question properly — if I died tomorrow, could my family actually take over my portfolio?https://financialhorse.com/if-you-died-tomorrow-can-your-family-actually-run-your-portfolio-the-one-page-plan-5-documents-to-leave-behind/Financial HorseIf you died tomorrow, can your family actually run your portfolio? The one-page plan + 5 documents to leave behind | Financial…Okay so this one is by popular demand. At the end of the brokerage account article, I asked whether there was interest in a piece on how to leave behind a portfolio your spouse/kids can actually run. A LOT of you said yes. So I decided to sit down to answer…
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