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Achieving financial freedom by making some lemonade (or chocolate oatmeal).

Saturday, April 23, 2016

You know what they say about how we should make lemonade if life should throw us some lemons? 

Yes, things do not always go the way we want them to. That is life.

You know the saying that it does not rain but it pours? 

Yes, bad things could happen one after another in a short span of time. That is life.

Unless we are some highly enlightened priest or monk, for examples, being a mere mortal, it is hard for us not to be affected in a negative way. 

I know.

I could probably write a sequel to "A series of unfortunate events" based on what happened to me in the last few months.


When a friend found out, she said that my full time job is now a patient because I have been visiting hospitals (yes, in the plural).


It can get quite depressing especially if we know what hospital food is like. Yes, yucky!

The important thing is to try and stay positive. Yes, I know it is easier said than done but, still, we have to find happiness where we can.

So, when they served me a breakfast of tasteless oatmeal, half boiled egg and Milo, what did I do?



Alone, the Milo drink was too sweet. Alone, the oatmeal was too bland. Hmmmm...

What if I were to mix them together? Voila:



Haha. I had chocolate oatmeal which wasn't so bad.

Working towards financial freedom, those of us who have some advantages in life might already find it tough and those of us who have none will definitely find it even tougher. 

Yes, life might deal us a bad hand of cards but that is life. The important thing is to stay positive when given some rather unhappy circumstances and try to find that silver lining.

Things don't always go our way. 
That is life.

If we want a better life, we will have to find a way.

Related posts:
1. Filial son working towards financial security.

2. Life was difficult and I wondered...

1Q 2016 income from non-REITs.

Monday, April 18, 2016

This blog post almost did not get written. Thanks to this reader, it did:

"Hi AK,


"I read your blog on you first quarter income this year from reits. I am very inspired. I have been waiting for your blog on your first quarter income from non-reits. Please inspire me again. Many thanks!!"

Well, actually, I did receive a couple of emails before this asking me about what I did in the non-REITs space in 1Q 2016 but I really didn't do much. So, no blog post.

However, inspiring? Hmmm...

If blogging about my 1Q 2016 income from non-REITs will inspire more to think about investing for income to become more secure financially, OK.


Like I said, I didn't do much in 1Q 2016 in the non-REITs space.

Looking at my records, I bought DBS shares, DBS shares and more DBS shares as its share price plunged. The last time I bought any was at $13.45 a share in late February 2016.

In 1Q 2016, I received income from:

1. APTT
2. Tai Sin
3. Croesus Retail Trust


Fuji Grand Natalie inHatsukaichi City, Hiroshima Prefecture, Japan.

Total income received from non-REITs in 1Q: 

S$ 12,181.34

That works out to be about S$ 4,060.45 a month.

Of the 3 stocks, Croesus Retail Trust is my largest investment. It has also been rather busy 

See: 
Private Placement of 70,000,000 new units at 75c a unit. (March 2016)

See: 
Issuance of $60,000,000 5% fixed rate notes due 2020. (April 2016)

See: 
Completion of Acquisition of Fuji Grand Natalie. (April 2016)

As long as the management is able to make good use of the funds raised to improve DPU, I am happy. 

Most of the money raised in the private placement has gone to the acquisition of Fuji Grand Natalie (a freehold property that enjoys 100% occupancy) which was purchased at a 6% discount to valuation.

7 reasons to acquire Fuji Grand Natalie:





See: Presentation slides.

Seems to me that all is well, for now.

Investing for income is about investing in undervalued or fairly valued assets which are able to provide visible and meaningful income generation which should ideally be sustainable.

If AK can do it, so can you!

Related posts:
1. 2015 full year income from non-REITs.

2. 1Q 2016 income from S-REITs.


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