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…
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…
I’ve covered what are annuities and what they could do for your retirement portfolio in my earlier post. In this post, I want to provide a different perspective about annuities and why you may not want to have them in your retirement portfolio to give an all-round view about annuities. Like all financial products, there…
An annuity is a contract between you and an insurance company in which you make a lump sum payment or series of payments and in return obtain regular disbursements beginning either immediately or at some point in the future (Investopedia). The disbursements can be made for a specific period of time or for the rest…
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