Saturday, May 24, 2014

Four FREE Stock Screeners

Great information from a blogger... whom found 4 screeners which are FREE..!
I personally like the one from Financial Times because it give me 5 yrs historical data.

Before we start to analyse the stocks (either using Fundamental Analysis or Technical Analysis), we need to identify which stock(s) to analyse first. Usually, there are three ways we can go about it i.e. :

1. Randomly pick from the whole list of the stocks available for trading.
2. Base on the news/reports that you read from online or offline resources.
3. Use a stock screener to filter out the relevant stocks that match with your desired parameters (e.g. PE Ratio, Dividend Yield etc...)

I believed most investors are practicing either (2) and/or (3), like myself. For number (3), I would like to share 4 FREE stock screeners that I am currently using and hope that you folks find them useful too.

1. SGX's Stock Screener :
With the recent revamp of the SGX site, I think not many people know that there is a stock screener tool hidden within the site. As the name implied, you can only screen Singapore Stocks here.
Click here or the image below to access the tool. 
http://www.sgx.com/wps/portal/sgxweb/home/mygateway/stock_screener

2. Financial Times' Equity Screener :
This is a global equity screener, you can choose the regions (Europe, Americas, Asia Pacific etc..) and/or the industries for the screening and there are more than enough pre-defined criteria/parameters for your selection.
Click here or the image below to access the tool. 
http://markets.ft.com/screener/customscreen.asp

3. Google Finance's Stock Screener :
Similar to FT Equity Screener but this one allows you to screen specific country only.
Click here or the image below to access the tool. 
https://www.google.com/finance/stockscreener

4. Dividend Investor's Screener :
This is probably more relevant to those dividend investors, with their build-in screener (or tracker), you can filter those upcoming stocks with dividend by date range. This is the only dividend stock screener that I chanced upon with dual language (English/Chinese) setting. NOTE : you need to register and sign-in before screening or else the Stock symbols will not be reflected.

Click here or the image below to access the tool.  
http://sg.dividendinvestor.com/tracker.php

Hope that you folks find the above sharing useful and I am sure that there are other more powerful FREE stock screeners out there. Do share with us if you chanced upon one or two out there

Read more at http://investopenly.blogspot.com/2014/05/four-free-stock-screeners-that-do-wonder.html#4ybBPP316glhGEPX.99

Friday, May 23, 2014

All about CPF minimum sum and CPF life (explained in Layman)

This blog really explained the CPF's minimum sum and CPF Life even a child will understand...

Is increase in minimum sum a bad thing?
There has been much discussions on the CPF minimum sum recently again. The CPF minimum sum will be raised to $155,000 from July 2014. This amount has been raised consecutively for at least the past 10 years. From $80,000 in 2003 to $155,000 in 2014. Of course, people will naturally be unhappy since they realised that the amount they can take out from their CPF becomes lesser and lesser. If you do not meet the minimum sum, you can only take out a maximum of $5000 from your CPF. I'm only in my 20s now and by the time i'm 55, the minimum sum will be much higher. Some people might ask will we be able to take out our CPF money at all?

I've done some research on the whole CPF structure and now i understand where the government is coming from. My parents have reached 55 and they are still confused about how the whole system works. There is just too much noise and confusion out there. That is why i decided to embark on my own research to find out more. The CPF scheme may not be that bad an impression as what was painted outside and in social media. I'll explain this in a simple and direct way. I'll only touch on what most people are concerned on.

What is CPF for?
This is a simple question with a simple answer. The CPF is for our retirement. We have to understand that this is our own money and the government is in no way trying to keep or take our money. When a person reaches 55 years old, a retirement account will be opened. Let's take a look at 2 different scenarios:

When you reach 55 years old
1) A person who does not meet the minimum sum of $155,000
If a person only has $100,000 in his Ordinary account (O.A) and Special account (S.A) combined, he can only withdraw a maximum of $5000 at age 55 and the rest will be put into his/her retirement account(R.A) in CPF. This works out to be $95,000 in his/her R.A.

2) A person who meets the minimum sum of $155,000
If a person has $200,000 in his OA and SA account combined, he can withdraw all of the money less the minimum sum. He/she can withdraw $45,000 at age 55. Therefore, $155,000 will be put into the RA account.

However, there is also a medisave minimum sum(MMS) which we need to meet. The MMS will be $43,500 from 1 July 2014. If you do not have this amount in your Medisave, you'll need to top it up with your OA and SA to make up for the shortfall before you can withdraw the balance after meeting the minimum sum.

3) A person who meets or does not meet the minimum sum of $155,000 and pledges his/her house
You can pledge your house value up to half of the minimum sum. This means for a minimum sum of $155,000, you can pledge up to $77,500. By pledging your house, you can actually draw out more money, which means you can take out an extra of $77,500 out in cash from your CPF once you reach 55. However, because you draw out more money at age 55, your RA account will have lesser money and you will receive lesser monthly payout at your draw-down age. For those born after 1953, the draw down age is 65.

For example, if you have $200,000 in your OA and SA currently, you can withdraw $122,500 out from your CPF at age 55 if you pledge your house. This is more than the $45,000 previously for a person who does not pledge his/her house. If you have less than the minimum sum in your OA and SA combined, your house will be automatically pledged up to 50% of the minimum sum to make up for the short fall. For example, if you have $100,000 in your OA and SA, your house will be automatically pledged.

However, do take note that you can only pledge up to the amount you pay for your housing loan using CPF. If you used only $50,000 in your CPF to pay for your house, then you can only pledge up to $50,000.

*Note: If you pledge your house and then decide to sell your house after that, you'll have to return back the pledged amount plus interest back to your CPF account. 

Sources: http://mycpf.cpf.gov.sg/Members/Gen-Info/FAQ/MinimumSum.htm

What is the retirement account used for?
The RA account is used to pay for your retirement needs. Depending on how much you have in your RA account, you'll receive a monthly sum of money at your draw-down age. As mentioned earlier, the draw-down age for those born after 1953 is age 65.

The money in your RA account can be put into a scheme called the CPF life. You will be automatically placed on the CPF life scheme if you're born in 1958 and after. For those born before 1958, you have a choice to join CPF life or remain on the minimum sum scheme.

So what is the CPF life? As quoted from the CPF life FAQ page: "The CPF Lifelong Income For the Elderly (CPF LIFE) Scheme provides you with a monthly payout starting from your drawdown age (DDA), for as long as you live. It improves on the Minimum Sum (MS) Scheme, where payouts only last for about 20 years."

CPF life scheme
Meets minimum sum and on CPF life scheme
CPF life pays you a monthly sum of money for as long as you live. You do not have to worry about depleting your RA account on the minimum sum scheme which only pays up to 20 years. With this, a person who meets the minimum sum of $155,000 and is put into the CPF life scheme will receive a monthly payout estimated to be around $1100-$1200 at draw-down age. This monthly payout is not fixed and will be adjusted from time to time. I'm not sure how they calculate the payout though. You can use a CPF Life payout calculator to estimate the monthly payout you will receive.

Do not meet minimum sum
If a person does not meet the minimum sum, he/she will still be automatically placed on the CPF life scheme if:

1) He/she is born in 1958 or after and
2) Has $40,000 in RA at age 55 or
3) Has $60,000 in RA at draw down age

If a person is born before 1958, he/she can choose to stay on the minimum sum scheme which is to draw down his/her RA funds for 20 years or choose to join in the CPF life scheme to receive monthly payout up till death. Point 2 and 3 above applies as well.

Sources: http://mycpf.cpf.gov.sg/Members/CPFSchemes/CPF_LIFE.htm

The more money you have in your RA, the better the payout 
The minimum sum was raised to ensure better payout for Singaporeans when you're old. Imagine if the minimum sum is still at $80,000 in 2003 and has not raised till now, what would be the monthly payout you will receive? Using a CPF Life payout calculator, the monthly payout is estimated to be $695 to $766. Is this enough to survive on?

Of course, we can argue that why not the government give us all our CPF money at age 55 and not have all these CPF life scheme or this minimum sum thing? It's our money after all and we can decide how we want to spend it right? Don't the government trust us to manage our own money? The truth is, very few people will be able to manage their money wisely. Either we spend it lavishly to enjoy or we get cheated of our money at old age. This has happened a lot of times. Some gamble it away while some fall into scams. This is the reality. With this, the CPF schemes act as a safety net to prevent escalating social problems.

So, with the minimum sum raised to $155,000 from 1 July 2014, the estimated payout is about $1200 monthly. This is a decent sum to live on during retirement and we do not have to worry about having not enough money at all if we're under CPF life scheme. It's like an allowance you will get for the rest of your life. Sounds like back to school days when your parents gave you an allowance?

What happens if you die early?
When we talk about retirement, we have to bring in the topic of death. If you die before you can receive the monthly payouts, then the total amount in your RA + interest + the unused annuity premium paid on CPF life, will be paid to your beneficiary whom you nominate under the CPF nomination scheme.

If you die after receiving your monthly payouts say age 75, then the total amount in your RA + interest + unused annuity premiums paid - annuity payouts, will be paid to your beneficiary. You can use the CPF life payout calculator to gauge roughly how much your bequest will receive at different stages of your life.

Sources: http://mycpf.cpf.gov.sg/Members/CPFSchemes/CPF_LIFE.htm

Conclusion
I hope by writing the above information, you can have a better understanding of how the CPF schemes work. CPF is for your retirement. People may not like it since it feels like our money is locked up in it. It is in actual fact a forced savings scheme which delays our gratification. Even when you save money yourself, it's the same feeling. But how many people are disciplined to force themselves to save? Most probably when we see the latest gadget, the great Singapore sale or the travel sales, we'll unknowingly spend it all away.

Of course as with every other schemes, there will surely be weaknesses in it. Some argue that the interest paid on the CPF OA account at 2.5% is too low. Yes i agree its low and not enough to fight inflation but then again for those who have no investment knowledge, getting 2.5% anywhere is virtually non existence now. Remember the banks only pay 0.05% on your savings account currently. We can only hope that the interest rates in CPF will rise in the future. CPF OA interest rates did rise to above 4% during the late 1990s. 

More continuation about pledging of your HDB

Sunday, May 18, 2014

19 Things Unhappy People Do

Everyone has their off days, but why cause more negativity you can avoid it?
If you work on thinking positively about yourself and others, you will be that much closer to being your happiest self.
Below are 19 things unhappy people do that we should all try to avoid.

1. They worry about things they can't change

We are all guilty sometimes of wondering what might have been if we had chosen or acted differently. But in most cases, this is a dead-end street. Unhappy people tend to brood about the "could've, should've, would'ves" of life, but it's important not to worry about things we can't change; instead, we should learn from our mistakes and simply try to do better next time! We may even end up being happy that we made some mistakes.

2. They give up when things get too hard

Unhappy people tend to back down when they are presented with a challenge. It's easy to throw in the towel when things seem like a lost cause, but powering through and persevering will usually yield good results. Giving up just leaves you feeling defeated. Regardless of the outcome, following through boosts confidence and reassures us that when all is said and done, we did everything we could to make it happen!

3. They take themselves too seriously

People who take themselves too seriously tend to take life too seriously in general. If you are able to take a step back and laugh at yourself and the absurdity of life every now and then, things won't seem so dire.

4. They never exercise

Exercise has countless mental and physical benefits. The more you exercise, the better you feel about yourself and the more likely you are to live a healthy lifestyle. Ditching exercise for a more sedentary way of life can have an overall negative effect on mood, health, and happiness. Here are some workouts that match different moods!

5. They set unattainable goals for themselves

We all know that setting goals for ourselves is important; it's the only way to get things done! But it can be a problem when the goals are unrealistic and unreachable. While we think it's great to always reach for the stars, people who hold themselves to impossible standards will be left feeling disappointed if they don't succeed. The key is to set small and attainable goals for yourself, and you will feel great when you meet and even exceed them. Remember — nobody is perfect!

6. They eat unhealthy foods often

Everyone has their guilty food pleasure (truffle fries, anyone?), and we fully support the occasional indulgence. However, unhappy people tend to let their indulgences become their habits. Eating healthy foods can lift your mood, give you more energy, and improve your physical health. Plus, there are so many great healthy recipes out there to try!

7. They don't get enough sleep

Sleep is essential! The amount of sleep you get corresponds with how happy and productive you are the next day. You may think that putting in that extra hour of work is a good idea, but nine times of out 10, work — and most other things! — should take the backseat to a good night's sleep. Check out some good bedtime habits to aid your beauty sleep!

8. They focus on their weaknesses, not their strengths

We all have our insecurities — the key is to embrace the good and try not to focus on the bad. Self-improvement is important, but unhappy people tend to dwell too much on their weaknesses instead of working on having a positive self-image. We should recognize our flaws and own them but never let them hold us back!

9. They spend too much time on social media

This one is a biggie! These days people lay out their whole lives online, and there are many drawbacks to this kind of social media over-share. For one, we can spend too much time comparing ourselves to other people. It's great that your friend just got a new job, got married, or had a baby, but it's OK that you are at a different — and just as important! — part of your life. It's a good idea to take a step away from the screen and get some perspective. Unhappy people tend to get caught up in social media and worry too much about how they appear to other people, which can have a negative effect on how they view themselves.

10. They stay in their comfort zones

It's easy to stay in our comfort zones where we feel safe and where the potential for risk is low. But staying there too long means we may be missing out on some great things in life. A huge contributing factor to unhappiness is boredom — and this can be easily remedied by trying new things and taking some risks! We don't necessarily mean that you should drop everything and go skydiving, but maybe try a new type of food, go see a show that sounds unusual, or take a weekend trip somewhere that you've never been.

11. They worry about what other people think

Unhappy people tend to care too much what people think. At the end of the day, there is only so much you can do to please other people, so what matters most is loving yourself!

12. They gossip or speak negatively about others

Our moms taught us many things — one important lesson being that if you can't say something nice, then there is no reason to say anything at all. People who are unhappy sometimes try to bring other people down in order to make themselves better, but this never works! A better remedy is to lift others up and work on feeling great!

13. They work too much

Everyone deserves a mental health day! People who work too much can often neglect their needs, and sometimes all you need is a day to take a break from work and focus on yourself!

14. They isolate themselves

When things get tough, it's easy to withdraw from the people who care about you. But spending time with close friends and family when you're unhappy is actually a great way to feel better! Sometimes being with people can take our minds off whatever is bringing us down, so surrounding ourselves with people who love us most is a great way to turn things around.

15. They never indulge themselves

Happy people know that it's important to take a vacation, splurge on a new outfit, or enjoy a spa day now and then. People who aren't happy sometimes forget that taking care of themselves is just as important as taking care of others. Make sure to treat yourself!

16. They're OK with settling

People who are unhappy often stay in their comfort zones and are content to settle for things. Whether it's staying stuck in a relationship that isn't making us happy or settling for one job when we have our eye on another one, staying in ruts can make us feel like our lives have plateaued. Happy people work to get themselves out of these ruts and make the changes needed to start heading in the direction they want to be going!

17. They refuse to forgive

Unhappy people tend to hold on to grudges, but there is freedom and peace in letting go of things and offering forgiveness to yourself and others.

18. They avoid planning and organization

Disorganization can leave people feeling like their lives are in a state of disarray. Even if it is something as simple as rearranging your room or trying out these DIY organization hacks, restoring order can help you feel like you have regained a measure of control over things. Unhappy people who avoid organization and planning ahead tend to be less prepared to deal with life's twists and turns.

19. They focus only on themselves

While caring for yourself is essential, unhappy people tend to only think of themselves. Treating others unkindly or constantly focusing on yourself and your own problems can be harmful to your well-being and happiness. It's amazing what a little bit of kindness and looking at the bigger picture can do for the soul!

What happens to your food as it travels through your body until it exits.

SO COOL! Get rid of mosquitoes Easy way LOVE this!

Words can be Weapons

BE CONSCIOUS... Whatever you say or do (to your kids) have consequences.



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