99-YEARS REALLY MEANS 99 YEARS? NOT FREEHOLD?!?!

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Okay, I think it's good that MND Lawrence Wong has finally clarified AGAIN for all the stupiak people out there that are not so sure what "leasehold" means. Some good quotes from the Straits Times article, but I highlighted my favourite one and it's the more important thing to note: "... for most HDB flats, their leases will eventually run out and the flats returned to HDB, which in turn … [Read more...]

Today I Defeated an Insurance Agent. Can You?

"Excuse Sir, can you help me do a survey? Only 3 questions" Sorry, I'm really urgent, I need to pee. "Oh okay Sir, nevermind then..." *sad, dejected face* When I came out of the toilet, he was still lingering around, so I went up and told him I'll do his 3 question survey. "Ok, thanks! Are you working?" Yes I am working now. Okay 1 question done. 2 questions left. "No no Sir, … [Read more...]

"Easing" is a Good Sign… for Buyers?

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One of the people in the local scene that I quite admire is Vina Ip aka Property Soul. Many people might not agree with me and attribute her success to luck and timing, but it takes massive stones to take the calculated risks that she did and walk away from everything a glowing success. Anyway I feel that her book about buying property in Singapore is a true gem - focused specifically to buyers of … [Read more...]

Financial Cyber Security: The Series

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Dear all, This topic has actually been something that I feel quite passionately about. I think cyber security is a very serious issue, and unfortunately, the people that are the least able to effectively deal with cyber security are individuals. Why? Individuals are the most likely to lack time, resources (including money) and technical knowledge to effectively deal with cyber security. … [Read more...]

Bye EZ Link, Bye NETS Flash Pay, Hello MasterCard?

A while back ago, there was a news piece that quietly slipped past the radars of most people, but I read it with quite some keen interest. It was an article about how it was going to be possible to pay for public transport directly with your contactless credit card and charged through the credit card network instead of going through a stored value wallet. I recently saw a Facebook campaign by … [Read more...]

SCB’s Unlimited 1.5% Cashback Credit Card

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Okay, here's the quick rundown. SCB has just launched a new cashback card: 1.5% cashback NO MINIMUM SPEND NO CASHBACK CAP $30,000 annual income requirement Personally, I think it looks great so far. Let's look at current its REAL competitors: AMEX True Cashback: 1.5%, no minimum spend, no cap, BUT ITS AMEX CIMB Visa Infinite: 1%, no minimum spend, no cap, $120,000 annual … [Read more...]

Integrated Shield Plans… Co-Pay or No-Pay?

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having health insurance is like having clothes... do you want to be running around naked? if you have health insurance, you have swag, trust me (okay, maybe not) First thing first, I am considering changing my Shield plan. Why? I just received a letter notifying me of premium increases and I have realized that there are objectively better shield plans out there. I currently have the NTUC … [Read more...]

THE NEW OCBC 360 SUCKS BALLS

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Oh that's right, Version 3.0 of the OCBC360 (eff 1 Apr 2017) is finally out, and it sucks! Version 2 OCBC 360 2.25% on up to $60,000 Version 1 OCBC 360 3.05% on up to $50,000 Guess what is the "real" interest of version 3 of the OCBC 360 account? Okay, I'll tell you. It's a stinking 1.85% of up to $70,000 1.2% for the salary credit of at least $2,000 0.3% for the GIRO payments of 3 … [Read more...]

Minor SGX Portfolio Adjustments

So, just wanted to announce some small changes that I've made to my portfolio. I've finally cut off a sore spot in my portfolio, and that is Asian Pay TV Trust. It was one of my first few purchases and it was doing well in the beginning, probably right up until the point where I decided to just let it run auto-pilot. One thing to note is that I never believed that it was a growing company. My … [Read more...]

My Keppel and Sembcorp in the Green

I've been so lazy (and also because the markets are sooooooooooooooooooooo boring) that I haven't done an update post to my SGX portfolio since April 2016, haha! On the bright side, I do update the figures and it's all on my sticky page, I just haven't had the time to make a full post on it. Guess what? I'll try to do one for end of Feb 2017, all right? No promises though. I might forget, … [Read more...]

GMGH’s Top 12 LEGIT Korea Travelling Tips

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I don't know about you, but I searched the internet for travel tips for Korea and I got really stupid tips. As someone who just came back from a 14 day trip to Korea and can actually speak (some) Korean, I'd like to share with you my LEGIT tips about Korea! You don't NEED to buy any special train ticket to get from Incheon Airport to Seoul Just like Narita-Tokyo which has the Skyliner … [Read more...]

Travelling is Cheap if you are

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What would you do if you won the $12 million TOTO jackpot? "Oh, I would have a big party, buy 2 nice condos, live in 1 and rent out the other, then I will go and travel the world!" That's nice. But why can't you travel now? "Travelling is EXPENSIVE. I can't afford to travel!" ----------------------------------------------------------------------------------------------- Have you … [Read more...]

GMGH is Back! 2017, here we go!

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Actually... I've been back for almost a week now, haha! I've just been really really busy (still) catching up with work and also belatedly catching up with friends because of the tail end of CNY. I was gone for 2 weeks, and I MIA-ed for another week. I haven't posted in 3 weeks! I feel kind of horrible for being away for so long! While I was away, I tried to keep up with the Joneses and read … [Read more...]

Escaping CNY 2017, Bye Bye!

Following the precedence that I have set last year, I have once again decide that I am going to escape CNY! I seriously dislike the whole CNY period. The ONLY thing that I like is that I get to hear that song, but that's about it. Anyway, I'll be gone for the next 2 weeks. I've been seriously looking forward for this holiday for almost 2 years now! A lot of planning and preparation has gone … [Read more...]

Upscale Property Cracks Emerging?

Just saw this interesting article on the Straits Times: Banker buys out 45 of the 55 units of an upscale FH condo in town. 45 out of 55 is kind of absurd, isn't it? Since it was a bulk deal, he managed to get in at $2300psf, or an 18% discount. For a FH condo in town, that really isnt too bad. It's 2 blocks away from an upcoming TEL station and just down the road from the Botanic … [Read more...]

How to Milk your Cash? Best Places to Park your Cash!

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This post by Kyith has inspired me to write my own off-shoot version of where to stash your cash. If you are collecting 0.05% interest on your bank account, you better pay attention! I believe that there is a systematic approach to this. You just fill up the account that gives you the highest rate until the cap, and then you flow into the next account and the next account. These are the 3 … [Read more...]

$450 / 19.7% Credit Card Cashback Lobang Guide

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Serious or not? How to save $450 on credit card spending? Spend $26,666 on AMEX cashback and get 1.5% back, is it? Not quite. Well, here's what you need to do it: 1. Have a minimum income of 30k 2. POSB Everyday Mastercard (min income 30k) 3. SCB Manhatten Mastercard (min income 30k) 4. CIMB Visa Signature (min income 30k) ** All promos listed are valid until 31 March 2017 only, … [Read more...]

2016 in Retrospect, 2017 Looking Ahead

I'm late. Some bloggers started writing such posts about 2 weeks ago already! I guess I'm the last blogger to come and play this game, eh? Well, the good news is that maybe during that 1 week where every other post was about the same new year thing, maybe you got bored and skipped reading half of them. Hopefully mine is a bit more interesting! For my personal SGX portfolio (which I have … [Read more...]

New Year, New Lobang for You!

I'm a bit late to the game of reviewing 2016 goals and posting about my 2017 goals, but I've got a lobang which I thought I should share! Udemy is an online course learning platform and you can pretty much learn anything you want there, and the price is very reasonable since it is e-learning (note: DIRT CHEAP). Even the gov recognises this, which is why quite a number of online courses on Udemy … [Read more...]

Phillip now has 0% sales charge on UT

Seriously, I am a strong Phillip supporter. Platform fees, hehe. Is this a potshot at the already struggling FSM One, "Market Player F"? Seriously though, when I first started my investment journey, I was looking around at just how to start investing. Unit Trusts are easy to understand, plentiful in asset classes and strategy and practically every bank sells them. But... the banks sell … [Read more...]