Author: Azrael's Financial Cents

A Reminder – Top 8 reasons why aren’t you financially free (or Rich) yet

Courtesy of Success Resources and Millionaire Mind Intensive Was feeling tired while checking my emails today and I stumbled upon an email from Success Resources, advertising about the Millionaire Mind Intensive by T. Harv. Eker. Thought I’ll share the email with everyone as well, for some as a reminder and maybe something to think about for those new to the ideas. :) So now you know these reasons, WHAT’S STOPPING YOU from getting the FINANCIAL FREEDOM for the LIFE YOU...

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Portfolio Performance Update (3rd Quarter 2015, until Sep 2015)

Sorry about not posting recently, been down with a bad cough that been running for 2 weeks (bloody haze), my irritated nose isn’t helping either. Been busy with doing up my watchlist and accumulating money to topup my warchest (my warchest is small so I don’t really have the luxury of nibbling too much, will require a larger discount for execution). I’ll be focusing purely on my Cashflow Portfolio for awhile due to a recent shortage of funds. — Well, here is my 3rd quarterly report on my portfolio. Still looking to improve as time goes by. As usual,...

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Another new candidate account to park your warchest

I was tired and on my company bus home from work. On my facebook feed, I saw this new account from CIMB, called CIMB FastSaver. 1.0% p.a. without any fees nor conditions for the first 50k, sounds like it will replace the CIMB StarSaver Savings account on my watchlist (at least while my balances are still low), no cheque book though. It is an online account similar to my prior StandChart eSavers account. Got some cash credit too though $10 for initial deposits of 1k-9.999k $50 for initial deposits of 10k-24.999k $100 for initial deposits of 25k and above...

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Why OCBC PLUS! VISA Credit Card is Good for me

After my rant of the new OCBC FRANK Credit Card CC updated terms and conditions, I decided to look for a new credit card for use of my OCBC 360 account. After looking through all the OCBC Credit Cards, I guess I ended up with the PLUS! VISA Credit Card. Now this is not a card for everyone, just so happen for now that card works best for me. My spending habits are pretty frugal so I can’t hit a minimum spend of $400 retail spend which excludes the $100 from NETS ATU of FRANK and online spend (despite...

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The Annoying OCBC FRANK Credit Card Update Rant

Well, some of my friends know that this is the beginning of my PH-less, no more weekends, and no TGIF-half-the-time life. It is tough but not too bad. But OCBC had to send me this: Yes, they are going to “update” the benefits like how they made the 360 account “just got better”. And it is not even a year for me with that card. =.=” Well, could also be my fault. I guess I’m too frugal. Looking on the bright side, for many people, it makes this card more useful especially for young singles with the weekday and...

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How to prepare for a falling market

Well, the almost 20% drop (scary for many I see) has seem to past and recovered somewhat, looks like it is over for now. Instead of saying why the drop happened, let’s us look at another perspective. Many investors view such markets as scary or terrible, buying when the market seems enthusiastic and selling when it seems to be bad. But aren’t we supposed to buy low sell high? The example above seems to be buy high sell low (the more fortunate ones who got out early, could be buy high and sell higher?). Time to change how you...

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Investing in yourself (Education)

Now today we are gonna touch on a little sensitive topic here. It is widely promoted to “invest” in yourself and I’m not against that, but here to provide another angle of viewing in it. What if you looked at education as an investment? (No, do not drop your studies and work. I feel that everyone should get basic education and hopefully a diploma or degree at least) Say the yield from education is not measured by the pay you get, but rather the amount you have left that is saved (be it in investments, bank savings or whole...

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