Author: BULLy the BEAR

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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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....

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Buying two insurance policies

After having a kid, I thought it was due time for me to update my insurance protection. I summed up all my policies and realised that I have a huge shortfall for death, tpd, as well as critical illness. As it is now, I applied for the Mindef Aviva plan to cover this shortfall and am still waiting for them to get back to me. This should add another $700 to $800 per year to cover me until age 65, which I gauge it to be adequate. I’ll do a separate post on it when the insurance plan is...

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POEMS MMF rate increasing?

I’ve always been putting my warchest in POEM money market fund (MMF). Recently, I noticed that the unit price of the MFF had been increasing at an accelerated rate. Fortunately, I had some data that I always recorded when I’m doing my monthly accounts, so I had access to the unit price changes of the MMF every month (most of the time anyway). I needed to know roughly how much interest it will generate so that I can properly allocate to the various instruments for my cash. So far, I’ve been putting it in these few places: 1) MMF2)...

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First day in childcare

Today I sent my boy to the childcare centre. He’s about a month shy of 2 yrs, so it’s his first experience going to a proper school environment, hence his crying is all expected. But I left the childcare centre, being all warm inside and proud. Why? I think it’s important to establish a very strong emotional link between the child and the parent. With this strong emotional link, you can motivate the kid to limits beyond the wildest expectations from the parents. There are times when we brought my son out for walks and after an hour or...

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A very long reflection of 2018

My baby just fell asleep, so I had to myself an hour or so to reflect on the year 2018. I started off by looking at the diary app that I had been conscientiously writing every night before I go to sleep. Here’s a few highlights monthly: Jan: Went Bangkok for a trip with my wife, but not with son. Left him with my mum back in Singapore, and happily so! We’re so tired and we need to take care of ourselves. Looking back, we’re so…noob being parents, haha! Perhaps the new year 2019 will see me bringing him...

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2018 viewed in the eyes of the books

I set up a goal to read 52 books way back in 2007. I saw the list of all the books I’ve read, all typed out neatly in a Microsoft word document spanning over 11 pages in size 10 font. It was easily the best habit I’ve adopted and the effects are still rippling through me. It has been 12 yrs since I started this habit, and still going strong. I was a little behind my reading list last year when I only read 11 books, and that’s because I just became a father, and so it took some...

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Networth update in 2018

2018 is a rather slack year for me. I don’t think I work as hard as I do in previous years in terms of work, so the time that is otherwise spent working is channeled to my family, especially my growing child. This year is also a bad year for those who invested in equities. It seems like if you put money under your pillow, you’ll end up being better. Will it affect my net-worth? Let’s see. The last I wrote on my net-worth was back in 1st Dec 2017, here. I’m going to do the same below. There...

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