Caveat Emptor

Thoughts on Tax optimization and Insurance Planning As the end of year approaches, I have been actively searching for ways to improve my income tax efficiency and also min-max my insurance coverage. Below are some personal notes I observed on how to optimise them. As I am not an insurance agent / financial consultant, there might be gaps of knowledge here and there and this post is merely to consolidate my personal findings for future use. Personal Income Tax optimization (subject to regulatory change) 1) Instead of focusing on acquiring physical properties for rental income, focus on acquiring REITS with strong financials and robust Funds from operations. This will greatly reduce the tax burden from rental income and concurrently achieve a reliable stream of dividend payouts. 2) Unlike other countries, Singapore does not incur capital gain tax and dividend tax from stock investments. This makes the Singapore citizenship / residency superior for accumulating wealth through investment i

  Thoughts about Value Investing and the changing investment landscape After the Covid vaccines are announced, the flavor of the month is about sector rotation strategies into different areas. Personally, I am aware that technology stocks are trading at a elevated multiple in US and HK/CN and the upside may be limited. There is a real risk of missing out greater potential returns in other sectors like EV, financials, asset plays, pharmaceuticals etc. However, I still believe that the companies in my portfolio will still perform well with regards to their financials. Nonetheless, they may surface to become a growth trap if the growth rates fail to live up to expectations, or the stock price may fail to move as they are already incorporated in the rich valuations. As my portfolio is a mix of strong businesses in growth stocks, asset plays (Buildings), financials and ETFs, in the event that the value stocks do seek a resurgence, I will not miss it completely. In the speculative landscape