Lone wolf investor

  (Image credit: peacetothepeople.com) Market Summary 17-23 Mar 2025 *USA* -Fed holds interest rate steady between 4.25%-4.5%; in no rush for rate cuts, good time to slow balance sheet shrink: Powell  + Fed latest economic projection expects 50bps rate cuts in 2025 -Trump administration is preparing to slap new import tariffs on Apr 2 that could worth “trillions” of dollars: sources  -Fed net loss in 2024 stood at US$77.5bn vs US$114.6bn in 2023  ± US initial jobless claims rose by 2000 to 223,000  + US existing home sales grow 4.2% in Feb at annual rate of 4.26m  -US current account deficit widened by US$228.2bn or 25.2% to US$1.13 trillion in 2024, at 3.9% of GDP, up from 3.3% in 2023  ± US 10-year treasury yield fell to below 4.2% on lowest level since early Dec  + US foreign investors of Treasuries maintained steady in Jan with total holdings at US$8.526 trillion, unchanged from Dec  -Trump signed executive order to dismantle Education De...

  (Image credit: Wikipedia) REITs, Developers and The Not Developing REITs is one of the sectors I am looking for a bargain. After searching high and low for nearly a year, I find two REITs worthy of putting my capital to work. For the background, I made a purchase in some REITs about 2 years ago, but I had to reverse my position after the Fed turned hawkish on the interest rate outlook. There are two continue concerns which have so far deterred me from making more purchase in the REITs space. My commentary applies to the real estate companies which are struggling with the same problems.  One major difference of a developer, they can sell their assets to lower their debt to zero, but it is harder for the REITs because of the structure of the trust. Selling assets in a REITs mean fund managers will get less fees for managing the REITs. The obligation to pay out 90% in order to qualify for tax incentives makes reducing debts significantly almost impossible during the normal cour...

  (Source: MAS) I am expecting April’s SSBs to be in overwhelming demand. The drop in 10-years bonds’ yield will have repercussions in pushing next month(May) SSBs’ yield lower. Coupled with demand from Ex CPF-SA “shielders” and the general shift towards risk-free due to a corrective US market. April SSBs represent the last place for a decent risk-free yield. The falling fixed deposit rates is another push factor towards this month SSBs. April’s SSB yield has an average yield of 2.85%. The closing date for this month’s SSBs falls on the 25th of April@9pm. Good luck and God Bless.  Please consider following us on telegram for the latest update on Lone Wolf investor by clicking on the link below. No form filling, no payment required, no collection of data, no data mining, no hard selling, no obligation.  https://t.me/joinchat/oCgkD3sQFRMzMWM1 Disclaimers   All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to ...

  (Image credit: wonderfulquote.com) Market Summary 10-16 Mar 2025 *USA* + US inflation rate at 2.8% in Feb, vs 3% in Jan -US year-ahead inflation expectations climbed further to 4.9% in Mar, steepest since Nov 2022   -US consumer sentiment index fell to 57.9 in Mar from 64.7 in Feb >2-year low, price expectations soar on tariffs  -US started enforcing 25% tariffs on imported steel and aluminium products   ± US administration is focused on the “real economy” and long-term gains, “not concerned about a little bit of volatility over 3 weeks”: Bassent  -US stock market loses US$5 trillion in value in 3 wks  -US’s trade policy uncertainty will be resolved in early Apr, with a new batch of tariffs scheduled to come into force on Apr 2: Hassett   + US initial jobless claims down 2000 to 220,000 + US Senate passed a Republican spending, averting govt shutdown hours before midnight  + Trump’s administration expected to move ahead with 2nd wave of mass ...

  The below article is for educational purpose only. Kindly refrain from taking any action. It shouldn’t constitute as an investment advice. Please read the disclaimer . I made another REIT purchase in the short span of a week. Starhill Global REIT owns Ngee Ann City and Wisma Shopping Centre. Base on their recent results, they had an increase in dpu and the cost of financing drop 11 base points. I like the REIT for it Singapore focused assets with more than 70% assets invested locally. Debts are 83% fixed rated which makes financing and interest rates less of an issue. They have a gearing of 36.2% which is moderately lower than their peers. They do have some flexibility of divesting their strata offices in Wisma to bring down their gearing. The REITs is currently trading at 7.3% yield and 0.7x price to book. There is a drop off in our 10 years SGS yield recently. More detail in the month end portfolio update. God Bless. Please consider following us on telegram for the latest updat...

  The below article is for educational purpose only. Kindly refrain from taking any action. It shouldn’t constitute as an investment advice. Please read the disclaimer . I bought a small position in Prime US REIT to keep me interested in the company. Among the 3 US office REITs, Prime US REIT is the only REIT with an increased valuation in their latest results. There are pro and cons in Prime US REITs. Below are the few points. Pros *It is trading at a 75% discount to book value with book value at USD 0.55c per share. *The US government mandates federal employees to be back to office.  *With the tariff imposed, more companies will be on-shoring their operations in mainland USA. *Their property occupancy rate is at 80% which was an improvement from last year. *In their website, they proclaim to own grade A offices only. Most of the offices are relatively new with the exception to 171 17th street which is 22 years old. Cons  *Trump’s economic policies might affect employmen...

  The below article is for educational purpose only. Kindly refrain from taking any action. It shouldn’t constitute as an investment advice. Please read the disclaimer . I bought back a small position in GRAB Holdings Ltd during pre-market to keep myself interested in the company. They are likely on the path of sustainable profitability going forward. More detail at the end of month portfolio update. Market is going through some volatility. Please stay safe. GRAB remains a test case for now. Please consider following us on telegram for the latest update on Lone Wolf investor by clicking on the link below. No form filling, no payment required, no collection of data, no data mining, no hard selling, no obligation.  https://t.me/joinchat/oCgkD3sQFRMzMWM1 Disclaimers   All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional in...