Just buy the FACM reits.

Cant find it on google, which company is FACM?

while waiting for his response,...i think they are something like these ....
F = Fraser
A = Ascendas
C = CapitaLand
M = Mapletree

but not sure of their specific full names

Correct

Btw where is Parkway as well?

frost, don't be fooled by the coupon rates. Coupon rates are NOT the best indicator nor should be cared about when buying bonds, it's the yields, like yield to maturity, yield to worst, yield to call etc that should be your prime consideration, among other things like maturity, credit ratings/cash flow profile of companies etc.

Coupon rates are the YTM at the moment they are listed in primary market (aka IPO), then the price of bond starts to float, and yields change inversely to price. So the coupon rate becomes a name and nothing more.

If you check the majority of Mapletree bonds (perpetuals or normal bonds), their yields are close to 2-3% p.a. only, which is as good as majority of FDs in Malaysia (notwithstanding the currency movement, you may have forex gain/lost from SGD/MYR).

I am surprised your RM didn't tell you this (or you haven't ask him/her yet)?

Here is an example:

https://www.bondsupermart.com/bsm/bond-factsheet/AN4620117

Another thing with regards to Maybank/public bank shares. If you are already heavy in ASNB/EPF, consider avoiding putting too much money in the local blue-chips, you won't achieve diversification and could actually lose money to the institutions as they have insider news that you don't have access to.

Though Ram suggests you to go for REITs instead of their bonds, I choose to take a neutral stand, bonds still have a place in any investors portfolio. It is more stable than equities and offer a better risk-adjusted return than equities as a whole. But of course in a low interest rate world, we have no choice but to pile cash into equities. In any case, make sure you diversify your holdings.

This post has been edited by TOS: Nov 12 2021, 06:44 PM

lol he created that abbreviation himself. That is not officially recognized elsewhere.

Here are some options:

Frasers family: Frasers L&C Trust, Frasers Centerpoint Trust

Capitaland family: Integrated Commercial Trust, China Trust, Ascendas REIT, Ascendas India Trust

Mapletree family: Mapletree Commercial Trust, Mapletree Logistics, Mapletree Industrial Trust

Keppel family: Keppel DC REIT

IHH family: Parkway LIFE REIT

You can find the rest here: https://www.sgx.com/securities/securities-prices?code=reits

This post has been edited by TOS: Nov 12 2021, 07:02 PM

See yklooi reply below.

Actually not by me. It's by few Singaporean investors in a telegram group. Avoid keppel REIT at all course. A good REIT increases Dpu over time and not decrease Dpu over time. That's what keppel REIT does. You are welcome to to buy it if you want.

Kepple kbs on the other hand is better than keppel REIT.

This post has been edited by Ramjade: Nov 12 2021, 06:58 PM

Ok ok minus Keppel REIT. I already have stakes in CICT, so no plans for office REIT exposures for now.

This post has been edited by TOS: Nov 12 2021, 07:03 PM

Actually,... don't know what you're talking abt,....

1) Keppel Corp is going to win the SPH bid. After Keppel wins, Keppel REIT will be merged with SPH REIT. SPHR's dpu is growing,.. and will benefit Keppel REIT in this process,... how come you don't know this ?

2) There is no more Keppel KBS ! It is now Keppel Pacific Oak.

Maybe when I started. I see keppel REIT Dpu always drop Vs mapletree, Fraser's and capital land. That was in 2015-2017 period. Have never put them on watchlist and avoided keppel REIT since then.

2. Same thing. Just different name. You want to type keppel kbs or type long keppel Pacific oak? So long Vs just writing keppel KBS.

This post has been edited by Ramjade: Nov 12 2021, 11:41 PM

https://www.sinchew.com.my/20211227/%e6%9c%...ac%bc%ef%bc%81/

(Article in Mandarin)

Different "types" of FIRE (In Mandarin)

https://www.sinchew.com.my/20220221/%e8%b4%...92%b1%ef%bc%81/

This post has been edited by TOS: Feb 21 2022, 10:53 AM

Interesting share, but I fail to see the difference between barista FIRE and coast FIRE?

On another note, those 2 sound like what I want to achieve. Work for fun/passion/whatever, but money is secondary. Then you can work for life, have a better sense of purpose, while still earning a nice side income so you don't need to stress yourself out too much in your early years to earn a huge sum for retirement.

Then again, getting a job you'll enjoy is very hard. Scope of work good, but culture no good. Culture good, boss no good. Boss good, business no good.

From my own understanding, Barista FIRE is taking a part-time barista job at Starbucks after retirement to get medical insurance and social security benefits. This is an "American" style of living. It's one "sub-type" of Coast FIRE. Coast FIRE involves the use of compounding interest to passively compound the money to "glide to" (reach) your goal, i.e. "final value" after you reach a certain "present value" while at the same time you do what you like (e.g. barista). But this coast FIRE is voluntary decision though. Not all barista at Starbucks are really "coast-firing", some just want the money to live and make friends/socialize, for example.

This line is very true: Scope of work good, but culture no good. Culture good, boss no good. Boss good, business no good.

In economics, it's supply and demand that matters, not your own interest. If there is high demand in the market for data analysts, salaries spike and people will flock to that career, only to realize that that is not their interest and they soon enter into a downward spiral or become depressed and frustrated.

exactly what i am facing at 35. kek.

Most of us Malaysians have a blind spot, i.e. the long term value of MYR. I believe in retirement planning you should always factor that in. Of course that means more work to be done, but make sure you cover that side of the risk just in case we hit RM6 to a dollar over next 20 years.

This is my major worry as well. I've set my retirement target many years ago. My progress is pretty good but I felt that my purchasing power is lower than expected. Currently I'm seriously considering to extend my work life because of that. Otherwise my retirement will not be as comfortable as initially envisaged. I believe I need additional 20% to 30% savings. Major concerns are inflation, diminishing FD rate, weakening Ringgit, KLSE performance and high cost of medical care.

so for now just work like normal only lh...

while waiting for his response,...i googled and found....maybe from this?

0.2% or 43,646 adults living in Malaysia were placed in the over US$1 million wealth band, while the majo-rity of the adult population (96.1% or 20.97 million people) were categorised as having wealth at or below US$100,000.
42.7% of adult Malaysians with wealth between US$10,000 and US$100,000 (RM40k and RM 400k)
https://themalaysianreserve.com/2019/10/22/...wealth-bracket/

Wealth reports