Archive

Alvin

Millionaire Teacher by Andrew Hallam

May 12, 2012 by Alvin
You can read about the interview with Andrew Hallam here. This book talked about nine rules of wealth. Rule 1: Spend Like You Want to Grow Rich Andrew defined wealth as having the financial ability to stop working; and having passive income that is twice the national median household income. He believes that not having [...]

in Categories: Investing

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Can you afford a property in Singapore at current prices?

May 6, 2012 by Alvin
CNBC produced a slideshow on The World’s Hottest Real Estate Markets and I was not surprised Singapore made the top 10 list. Call me biased if you want but I really believe the property market is overextended. There are signs of euphoria and history has taught us again and again, what goes up must come [...]

in Categories: Investing, Property

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Travel Investing – Beijing, China

May 1, 2012 by Alvin
Cars Beijing itself has more cars than the population in Singapore. It currently has over 5 million cars in the city and to my surprise, I saw a lot of European brands like Audi, BMW and Volkswagen running the streets. There were also the familiar Japanese brands like Mazda, Honda and Toyota. The cabs were [...]
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Teacher turned millionaire through simple investing – Andrew Hallam, author of Millionaire Teacher

April 22, 2012 by Alvin
We have Andrew Hallam with us for this interview. He is a Canadian living in Singapore and teaching at the American School. I got to know Andrew and his investing ideas through his book, “Millionaire Teacher”. I love his book and would definitely recommend it to you. It has been one of the bestsellers in [...]

in Categories: Investing

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UIA – possible scam?

April 14, 2012 by Alvin
I received an email from UIA out of the blue, asking me to invest in the company at a pre-IPO price which is on a 5x discount. I was wondering, if the opportunity is so good, why would it land up in my email and not snapped up by some other billionaires and millionaires? Sounds [...]

in Categories: Investing

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STI ETF marks 10-year anniversary and averaged 9.01% annually

April 9, 2012 by Alvin
Received this email excerpt from SGX: The month of April 2012 represents the 10 year birthday for the SPDR® Straits Times Index Exchange Traded Fund (ETF). The SPDR® Straits Times Index ETF is Singapore’s first locally-listed ETF, and also referred to as the streetTRACKS STI ETF. This ETF allows investors to access the broad market [...]
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Dr. Doom Talks Boom at Maybank Kim Eng Invest Asia 2012 – 7 Apr 12

April 7, 2012 by Alvin
Maybank Kim Eng invited Dr Doom, Marc Faber, to Singapore for a talk. I did not expect him to speak only 45 mins and charged $44 for the ticket. Although KE also invited prominent figures like Magnus Bocker (CEO of SGX), Pua Seck Guan (CEO of Perennial China Retail Trust), and Ron Sim (CEO of [...]
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Asymmetry in shorting – Is shorting more risky?

April 1, 2012 by Alvin
Other than the direction, I used to think that short selling is the same on the long side. I found that is not true and here is why When you short, you can lose more than your capital Imagine you short a stock at $50 and it goes to $0. Your gain is $50 or [...]

in Categories: Investing

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Pay off $250,000 debt in 1.5 years – Collin Seow of Alpha Alliance

March 24, 2012 by Alvin
I got to know about Collin through Yong Sak’s book, “Secrets of Highly Profitable Traders”. I could have interviewed him earlier if I have known him. Nonetheless, I jumped on the chance this time round. Collin is a successful remisier and he maintains a blog at www.collinseow.com. Besides his brokerage business, he is actively teaching [...]

in Categories: Investing

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The Invisible Hands by Steven Drobny

March 18, 2012 by Alvin
Following “Inside the House of Money“, this is the 2nd book by Steven Drobny on global macro hedge funds. This book, “The Invisible Hands“, focus on the 2008 global financial crisis, how some of the managers survived and why others did not. It pointed out the fundamental flaws in real money funds and how it [...]

in Categories: Investing

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7 Singapore REITs trading at 30% discount

March 11, 2012 by Alvin
There are 20 listed REITs in the Singapore Exchange. Out of these 20 REITs, 13 are trading below its net asset value, and 7 are trading below 70% of net asset value: Saizen REIT Frasers Comm Fortune REIT Suntec REIT Starhill Global REIT LippoMalls K-REIT Click here for the pdf version. Disclosure: I do not [...]
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The stock market quadrant – who to buy from and who to sell to?

March 4, 2012 by Alvin
Jon was sharing with me this diagram. Not exactly the words in the oval (I added them), but pretty much for the scale from pessimism to optimism and belief to skepticism. I found it apt to relate people in the market. Non-investors are generally skeptical and pessimistic about the stock market. They believe the stock [...]

in Categories: Investing

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You are here for a purpose and not an extra part

February 26, 2012 by Alvin
The movie Hugo had a dialogue that left a great impression on me. Hugo is a boy who lost his father. His father taught him how to fix clocks at a young age. Hugo has been fixing mechanical parts thereafter. Hugo and Isabelle (Hugo’s friend) were talking on a clock tower that oversee the night [...]
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Asia’s Youngest Wealth Coach is bullish on Silver – Jonathan Quek of True North Asia

February 19, 2012 by Alvin
Welcome to the BigFatPurse show, today I am proud to invite the first foreign investor from Malaysia to the show. Touted as Asia’s Youngest Wealth Coach, he runs a few businesses and had appeared in numerous media programmes and publications. Ladies and gentlemen, I present to you, Jonathan Quek. Hi Jonathan. Hi Alvin. Asia’s Youngest [...]

in Categories: Uncategorized

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Invest Wisely in 2012 with Dr Alexander Elder

February 12, 2012 by Alvin
Dr Alexander Elder is rather famous in the trading scene. I jumped on the rare chance when he came to Singapore to conduct a 2-day seminar (11 and 12 Feb 12). Although it was a paid seminar, I think MacQuarie subsidized quite a bit. Thanks for offsetting the cost and Phillip Capital for putting it [...]
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Real trading statement proof: $50,000 to $86,674 – CEO of Tactical Trading Academy

January 28, 2012 by Alvin
Welcome to BigFatPurse Interview show. Today’s guest is BL, he is the CEO of Tactical Trading Academy. He was an ex-banker, and now he has strike-out on his own to teach trading. Find out how he walk the talk. BL, I understand that you worked in a bank, what made you join the banking industry [...]

in Categories: Investing

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Bruce Lee – “It’s not the daily increase but daily decrease. Hack away at the unessential.”

January 18, 2012 by Alvin
Are we having too much clutter at home? Are we adding more material things into our life but not necessary needing them? Are we spending our time aimlessly watching TV or surfing the internet? We have limited time and one life. We must learn to stop wasting our time and money on unnecessary things. Discard [...]
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3 ways to live better

January 15, 2012 by Alvin
Live life with more courage We have a lot of fear in our lives. Although fear has kept our ancestors alive (avoiding dangerous creatures), it has limit our potential too. Thanks to great men who had abolished fear that we are able to advance to what we are today. Thank you Thomas Edison for having [...]
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