Planning on going into Cryptocurrencies

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So, I'm planning to take a small amount of my investible assets and "invest" / gamble into cryptocurrencies. Since it's such a long word, I'm just gonna abbreviate with CC. Fact 1: The market cap of all CCs is about a whooping $71B now, and it is rapidly growing. Jan 15: $5.5b Jan 16: $7.1b Jan 17: $18.2b Source: coinmarketcap Fact 2: BTC used to dominate the market with over 90% market … [Read more...]

Thoughts on Bitcoin, Cryptocurrencies and the future of Finance

Hey guys, this is just a blog post of me taking a massive brain dump and just dropping whatever is in my head onto this page here. Ever since my recent post on Bitcoin hitting $2500 (subsequently went on to almost hit $2800 and it is now $2000), I've once again (I've done it before in the past, on 2 separate occasions) plunged back into cryptocurrencies to see what is going on at this … [Read more...]

Bit-Bloody-Coin

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Bitcoin (BTC) is trading at freaking $2500 USD now. That's just mind blowingly insane! (especially when previously I was considering buying in at $500, ehehe #notsalty) I'd say that I understand cryptocurrencies quite well (better than your average Ah Huat). It takes a fair bit of brain power to understand how public and private keys work and how to move the money around. Interestingly, I … [Read more...]

10 Tips for "Adulting" for Graduates of 2017

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Hello graduates of 2017! Congratulations and welcome to real life, where you now have responsibilities and can no longer hide behind the excuse of "but I'm a student!" anymore. There ton's of things you need to do to "adult" properly, like have a proper resume, cleaning up your social media, etc, but I'll just go through the finance aspect of it all. I am a financial blogger after all. Even … [Read more...]

And Noble Dies

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As some might know, I was actually a Noble shareholder, but I exited once I could verify the Iceberg report against them. In fact, I actually made profits with Noble. A decent 3.4% for a month. Annualized is 50%, but that doesn't really matter, hehe. If you had cut loss in March 2015 after my post, eating a 15% loss then compared to what has happened now isn't that bad, right? Even coming … [Read more...]

Do All The Little Things Add Up? (2017)

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As per usual, I made my annual pilgrimage down to the Singapore Mint to change my coins into something more useful. looks exactly the same as the last time I went As I've explained before, one of the best life hacks that I've adopted that really has simplified my life is not caring about coins at all. I keep a coin box at my work desk, and another on my desk at home. Once I return from the … [Read more...]

The Everything Bubble?

Honestly, I like Mike Maloney a lot. Quite a number of people think he's a shill and just goes on about tin foil hat precious metals stuff so that people will buy his book. I don't think that's true. He has time after time given away his book away at heavily discounts, or even for free. And to be fair, he book is 4.6 stars on Amazon and considered as the only proper book for precious metals … [Read more...]

[SGX Portfolio] Bye bye LMIRT

I bought Lippo Malls as one of my very first investments back in June of 2014. Wowza... that's almost 3 years! My thesis wasn't very complicated. Retail REITs are a nice class of REITs, Indonesia has the demographics to give a nice "growth" story, gearing was really low (just 26%) and most of all, because it was an overseas Asian REIT, it was just shunned by most investors, giving it a nice P/NAV … [Read more...]

Who Even Takes Taxi Anymore?!?!

I stumbled on this Yahoo Fin article which had the original Value Penguin post about this. Take note that the values above are supposedly BEFORE PROMOTIONS. That means coupled with promo codes + credit card tie-ups, you could be getting even bigger savings with Uber / Grab. Another thing to note is that their calculations is based on the airport surcharge being $5, which is only true for Fri … [Read more...]

GMGH Insurance Review 2017

I did an insurance review just last year in Oct 2016, but I recently made some changes so I thought I'd just share that with anyone who is interested.Change 1: Addition of standalone Early CI / CI planIn November, I was pondering about early CI coverage. My main concern is how that my only current coverage is a rider of a group insurance policy. After weighing the pros and cons, I decided to … [Read more...]

China’s Yield Curve Inversion

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What is a yield curve inversion? When shorter tenure bonds have higher yield than long tenure bonds. Why is this a problem? Banks won't lend out money because they wouldn't borrow short term money (typically cheaper, but now more expensive) to lend for the long term (typically higher, to pay back the borrowers + profit for the bank). It's not a difficult concept to grasp. What happened in … [Read more...]

What does Jack Bogle, Jeff Gundlach and… GMGH have in common?!

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What does Jack Bogle, Jeff Gundlach and GMGH have in common? How about all of us being geniuses? (haha, I'm just kidding about myself) Okay, so what is it that we really have in common? Well, it's that while we all think index investing is wonderful, there are limits to it being a forever successful strategy. Don't get me wrong. Don't get triggered so fast. I own ETFs and I think that … [Read more...]

1.28% Savings Account?

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Wa, 1.28% is not bad. Actual link is here. Let's look at the details: Initial deposit of $1,000- $5,000 Monthly GIRO of $200 - $10,000 Interest rate for first $200,000 balance No restriction for withdrawal Questions that need to be answered, but with no information: What is the minimum bank balance? Is there a fall-below fee? How is the GIRO set up? Authorization to SIF to … [Read more...]

[SGX Portfolio] It’s time to EVAC!

Global Logistics bought for 2.44, sold for 2.91 (~19% capital gains)Tai Sin Electric bought for 0.35, sold for 0.44 (~25% capital gains)ST Engineering bought for 2.88, sold for 3.8 (~32% capital gains)Ho Bee Land bought for 2.05, sold for 2.40 (~17% capital gains)New Toyo bought for 0.269, sold for 0.295 (~10% capital gains)Global Logistics received 0.115 of dividends (~5% dividends … [Read more...]

Smartly – Finally Ready to Launch?

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I just happened to chance upon this news.Is this good news for the financial landscape of Singapore? I personally think it's definitely a big step forward!Why are robo-advisors good? I wrote a long post about it, but it is safe to say that I strongly support robos. Much better than trusting John, your secondary school friend who is now an insurance agent, to pick out unit trusts for the ILP that … [Read more...]

2 Interesting Thoughts Right Now

1. Kyle Bass spoke to Bloomberg about China's issue with WMP's and how it's on a scale way more massive than the GFC, approximately 5 times larger than it. Commodities are currently blowing up and the Shanghai exchange is following cue. This might actually be the bear that shoves the bull off the cliff.2. The second interesting development is the Japanese frenzy into Bitcoin. Japan is pushing for … [Read more...]

Short Housing Conclusions May 2017

Since my previous post, I have been ravenously reading up about property - more so than my usual latent interest.One of my more detailed previous posts that I re-read was a long one about BNP's property research report. Since 2015 wasn't over since the report was published and we are already in 2017 now, I found the relevant 2015 and 2016 numbers and plugged it into the model. Unsurprisingly, at … [Read more...]

Time to put on my Property Hat

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A property that I have been stalking has recently had it's hopeless owners panic a bit. I am seeing double the number of listings and some particular unit owners are getting desperate. I've been on the sidelines observing for a while, but I think I need to start getting my act together.I've got to get back into my property mode with my head screwed on straight. That means me learning about all the … [Read more...]

Time to put on my Property Hat

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A property that I have been stalking has recently had it's hopeless owners panic a bit. I am seeing double the number of listings and some particular unit owners are getting desperate. I've been on the sidelines observing for a while, but I think I need to start getting my act together.I've got to get back into my property mode with my head screwed on straight. That means me learning about all the … [Read more...]

OMG, Uber and Grab are not Charity Organizations?!?!

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Please refer to this STRAITS TIMES article by SENIOR Transport Correspondent, Christopher Tan."Now that they are entrenched, it will be a matter of time before they start doing what they set out to do: Make money."**T-R-I-G-G-E-R-E-D**LOL. ROFL.And also... WTF Straits Times?I hate to swear, but this is borderline retarded. What's up with this senior transport corespondent? I'm serious. He is … [Read more...]