Author: BULLy the BEAR

Bought another insurance policy

Recently I bought another insurance policy – it’s called a gym membership. I’ve been walking/running for nearly a year already, doing it quite consistently for 5 days a week, so I’m quite sure signing up for a gym membership will be a good insurance policy to guard against future health issues. I signed up with the ActiveSG membership first, and following the instructions, I got a credit of $100. This was an initiative set up in 2014 to encourage Singaporeans to live a healthier lifestyle. I know I’m a bit late in claiming the credits, but better late than...

Read More

DBS multiplier account NERFED

It’s the first day of the 3rd decade of the 3rd millennium and I received some news that DBS is going to nerf their multiplier account. I first heard it from Kyith (here) and the new changes, which will take effect from 1st Feb 2020 is listed here. The major changes are that instead of dividends being under the “Investment” category, it is now grouped under a new “Income” category, which combines both the salary credit component together with all dividends received. This sucks because now, most people will have one less category to fight for the highest interest...

Read More

2019 list of books read

I managed to read 52 books this year despite a heavier than usual work schedule. What did I sacrifice to read more? Nothing that I would have missed anyway. Instead of logging on to social media apps (I deleted them), and reading short news articles from websites, I just used my handphone to read ebooks. My reading habits had changed a little since I had a kid because I couldn’t sit down and read for extended hours, so a handphone with an ebook reading app would be more than sufficient to occupy those waiting times that pop up every...

Read More

Fighting the clutter

Today, I saw the shelves of stuff that I had in my room but had not even touched them for years, and I realised that I had too many stuff. I did a wardrobe clean up a few months ago, and I’m still benefiting from the reduction in clothes. Physical clean up seems to clear my mind too, so I certainly want to repeat the same thing, but this time to my room. My goal this time is to reduce the number of things I had by 50%. I’m not going to count item by item, but a rough...

Read More

Reflection of the year 2019

I promised that I will write a bit more in-depth about the year 2019, qualitatively instead of quantitatively. I shall attempt it here. It’s always good to reflect on what had happened in this year, learn from the lessons and make new mistakes in the future. I last made a self-reflection for the year 2018 here. I’ll try to give a grade for different themes. My grading matrix is like this: 4 categories, namely Finance, Mind, Body and Spirit. Here goes: This year my networth increases by about 100k, boosted by higher active income. I had quite a good...

Read More

Networth update 2019

2019 is coming to an end, so my usual tradition is to round the year up with an update of my networth numbers and also reflect on the figures to see how the direction is aligned with what I want in my life. In general, I think 2019 is a great year for me. Stock market is generally up and I was working a lot more this year than the last, which should contribute more to my income. But I also have more expenses because my child is going to child care center. How would that affect my networth?...

Read More

Sometimes, it’s wise to be fearful when others are fearful

Recently, maybe because of the market downturn, I keep hearing people say that opportunities lie within crisis. Well, you know, the Chinese equivalent of it, weiji. It’s either that, or it’s Warren Buffett’s be greedy when others are fearful. Whoever taking these words of wisdom at face value is crazy. As with all other such aphorisms, the context matters. A lot. Applying these condensed advice to all context is insane. Usually I see people applying them to whatever situations they are in to justify, to rationalise and to convince. I think if your only reason to buy a stock...

Read More

National day as a parent

Normally, as a jaded adult in Singapore, you don’t give two hoots about National day. I haven’t been watching the parades since aeons ago, and I definitely do not wear red and white this day. Every time I hear the National day songs (except Home by Kit Chan), I cringe. I  might even escape the festivities by going for a short trip, especially this year when there is such a long weekend. Perfect for a short getaway to Bangkok or Phuket. All that changed when my son was born. Who would have thought that I would play Mari Kita...

Read More

The Death of Cbox

For those who didn’t know, my blog has been around for a very long time. And it had always been accompanied by the cbox. Remember that this is the time before any of the social media groups are up. The best groups to talk about investing comes from CNA forum. There are no WhatsApp, telegrams or facebook messenger. But my blog always has a cbox for the regulars to chat with each other. From the cbox, I knew many people both offline and online. Some of them went on to become bloggers themselves. I can remember a few of...

Read More

Half year audit 2019

It’s nearly May and that means nearly half the year is gone. Is the time spent carelessly away in frivolous and meaningless activities, or invested to form deep-seated memories or experiences to be archived, savoured and re-visited again in the warm glow of memory? Let’s try to make an account of the time spent in the last 6 months. This year, we started sending our kid to a nearby childcare centre to expose him to different experiences. That means I have to wake up early to prep him for school. And in exchange, we’ll have at least half the...

Read More

The dance between Wants and Needs

Like so many things in my life, I started off knowing nothing. Then I learned a thing or two, and I thought I learned everything. After I had failed a thing or two, now I know that I knew nothing. I was talking with friends on Facebook about Fitbit when I remembered that I bought it not too long ago. It is obviously a want since I could exercise without the need for such devices and it cost me more than a few packets of chicken rice. But I knew how I ticked after living with myself for so...

Read More

The leaf on the branch

Yesterday, after sending my boy to childcare, I was brisk walking along East coast park with my wife. It was when I am enjoying the breeze and the smells of the sea when the childcare center called me that my boy had a fall and his nose is bleeding. The teacher asked if we would like to take him back home. We asked if he is still alright and if he is still bleeding, and the teacher said the bleeding had stopped and he is okay. So, we continued walking. I told my wife that this behavior is likely...

Read More

Can smell be captured like a photograph?

We can take pictures to freeze a memory at a single instant in time. We use a camera for that purpose. But memories aren’t just made up of lights and colours, they consist of smell and tactile sensation too. How come there isn’t a device to capture the smell at any particular instance? Or the warmth of the sunlight hitting your face? Or the gentle caressing of the breeze that tussles your hair? I guess that’s why looking at pictures feels like the copy of a copy to me. It’s like eating aspartame – your tastebud feels the sweetness but...

Read More

Personal updates

Haven’t been blogging for a while, so I thought it’s time to give some news about what is happening in my life in case there are still readers following me haha! Wars are fought by two sides who thinks they are right. When we argue with someone else, we always think the other party is an idiot. I’m trying to practice not thinking the other party is an idiot. The disadvantage of doing that is that it’s hard to blog on anything or give an opinion on anything, not because I don’t know anything, but because I think of...

Read More

The idiot who didn’t switch

With the opening up of the electricity market, I recently signed up with another retailer. I’m not here to talk about which is more worth while, but you can comment below to ask me which one I’ve chosen. The fact is that I’ve made a choice to move out of the standard Singapore Power SP retailer, because changing to another retailer will cut my monthly bills by at least 20 to 25%. Since electricity is a commodity, I really don’t care which company supplies me with it, as long as it is reliable and cheaper than my current provider....

Read More

Latest News from PR Newswire