I have received a request from a reader who was interested in finding out more about buying a property in Cambodia as a foreigner and what are the charges and taxes involved. Below is a summary of the charges and taxes involved in my purchase of a SOHO unit in The Bridge Cambodia. Upon selection of…
Last week, I made a downpayment for my very first property investment in a country that most investors in Singapore have probably never considered before – Cambodia. My property of choice was a freehold small office/home office, also known as SOHO in a 45 storeys tall mixed residential and commercial development mixed development in Phnom Penh…
November has been a great month from me. While some believe in building a passive income to grow wealth, I prefer to tackle both active and passive income growth at the same time because realistically, it’s takes quite a lot of capital to grow passive income. Apart from the regular income from my day job,…
Second month into my expense tracking and I’m starting to get use to doing this. My total expenses for November is up to $3151.21 (including fixed expenses of $1900.99). While I didn’t manage to reduce my variable expenses by half like I wanted to, I’m glad to find that many one-off expenses were greatly reduced. November’s…
When I bought 3 lots of Singapore Post Limited (SingPost) 2 year ago at a cost price $1.149 per share, it was a pure dividend play. A no-brainer really, to put money in a stable stock that has been consistently distributing around 5% dividend yield every year. This all changed after Alibaba acquired a 10.35 per…
On the way to the Sydney airport for my flight back to Singapore, I had an interesting conversation with the taxi driver who picked me up. Let’s call him, R. His life history R is a 50 year old Australia who used to be a Russian military officer. When the Russian military ordered R to…
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