In nearly 20 years of my school life, I was never given a financial lesson on budgeting, investing or anything relevant to my personal finances. Somehow I feel the education system never want us to achieve financial freedom. How about you? Were you taught How was money generated in the first place? Why $1,000 is […]
Credit Card or Personal Loan: Which One to Choose When You Need the Money
Sometimes, I hear people saying that they want to cut their credit card and be debt free. I feel it hilarious because your credit card doesn’t trap you into debt, your spending patterns do. Credit is like a knife in the kitchen, it is essential to your daily living, though it may hurt you occasionally. […]
Invest for retirement: 3 “In”s you must overcome
You’ve heard this investment advice before: buy undervalued stocks, purchase STI ETF regularly. Tada! After 20 years, you will have enough money for your retirement. This story, if you ever believed, is more fantasy than reality. The truth is, successful investment is challenging, especially when it is associated with your retirement. This is because we […]
CPF Housing Grants – an Easier Way to Check Your Eligibility
One of the milestones you go through in life is purchasing your first home. 80% of Singaporeans start this journey by buying an HDB. HDB is already highly subsidized in Singapore, and many people are eligible for further subsidies in the form of CPF Housing Grants. The problem with CPF Housing Grants, like the HDB […]
STI ETF Investing: 3 myths busted
If you want to invest for retirement, you will often come across investment advice to invest into STI ETF. The typical pitch is like these: You should buy STI ETF because passive investing beats active investing in the long run You should buy STI ETF because it is cheaper than unit trust, which you have […]
High Yield Bond: Why You Need It in Your Retirement Investment Portfolio
In this blog, I talk a lot about Income Generating Asset (IGA). Without passive income from these IGAs, you simply have no means to retire. If you have not allocated high yield bonds in your investment portfolio, you should read on. Many Singaporeans prefer dividend stocks for their retirements, it is a good strategy. The […]