Eatigo: Model Business Idea For the Future


Have you heard of eatigo? If you haven't, I really think that you should check it out. It's idea is simple, but ingenious. Some restaurants are empty at certain time of the days. Or some restaurants are emptier than usual because of some situational event. With fixed overheads like rental, staff costs, utilities and also inventory of food to clear, an empty table represents revenue being … [Read more...]

Free Credit Report!!!


I've a good lobang for all of y'all out there... FREE CREDIT REPORT! Until 31st Dec 2016, you can go to SingSaver and access your credit report for free, which is the legit credit report generated by Credit Bureau Singapore. They had this free credit report back in June, and I took advantage of it to check out my credit report. I had actually almost bought the credit report because I wanted … [Read more...]

Be Like Trump, Don’t Pay Taxes


(Source: WSJ) Hello, paying taxes and lots of it is not something to be proud of. I agree with presidential nominee Donald Trump when he retorted to Hilary's point that he doesn't pay taxes with "Well, that makes me smart". Not paying taxes IS NOT tax evasion, so please don't jump to conclusions. There are plenty of legal ways to reduce your tax burden. I repeat, LEGAL WAYS. If you're … [Read more...]

How Much "Money" Is There?

The short answer? A staggering and mind blowing amount.  It's coming to the end of the year and I actually haven't gotten about to do my annual purchase of 2016 coins. Technically, the premium of older "vintages" of coins should increase over time, but unfortunately the Singapore coin market is not so mature yet, so most bullion is just treated at weight value, with little value placed … [Read more...]

The Future of Singapore Transport 2016


I just read this piece of news from Today. Amazing. $5 to get to anywhere! That's what SWAT has proposed. So, what's the catch? Advance booking (30mins in advance, or by 10pm the night before) Share ride with others Designated pick up locations (within 300m) The additional limitations because it is in it's initial phase are that location and timings are limited, but of course, as … [Read more...]

Singapore Savings Bond: Aug, Sep 2016 Review, Nov 2016 Preview


All right, I missed the previous month because it was just a horrible issue and I don't think people bothered to apply for it, but I'm updating for this month because I've just enough time to squeeze in this post. First up is the update of the subscription of the previous issues. As previously mentioned, the SSB will probably have $300 million available to be issued every month of 2016. While … [Read more...]

Interesting News: The Failure of Obamacare


Don't look at me, look at Bloomberg. The ACA is one of the worst government policies in the history of government policies. No one can say that they didn't see this coming. It was already doomed to fail from the very beginning. Truly affordable and quality healthcare in Singapore is really one of the things that I really enjoy about living in Singapore. In a few days time, my new … [Read more...]

Bill Fleckenstein and Horseman Capital Speaks

One of the big fish that I really like is Bill Fleckenstein. Not only does he have a very unique and cool name, but I can follow his logic well and he has the (rare) ability to think outside of calendar year / quarterly / monthly performances. Because his main aim is to make money and not to lose money in the long run and he doesn't care about benchmark performances, he keeps things real and he … [Read more...]

Rate Hike Predictions for the next N meetings


This is how Yellen decides if its time to raise rates or not. Just kidding, she looks at the S&P500. Wow, no rate hike. Total shocker. Not. What I wrote last year in April 2015 is STILL relevant today. Seriously, the Fed ain't every going to hike rates. And this cartoon just sums it up the best. Honestly, if anyone really really thought that they were going to raise raise, I would … [Read more...]

Unconventional Side Income: Professional Pokemon Go Player


> A lot of people are actually not taking Pokemon Go seriously. Which is funny considering how unique and different this immensely popular game is compared to previous contenders, like Candy Crush or Clash of Clans. The game mechanics are entirely different, but yet people like to talk about it as if it is just another game. When the game first came out, I was actually in the works with a … [Read more...]

Online Shopping: Qoo10


Back in the day, Qoo10 was known as G-Market and it was my first brush with online shopping. Someone may correct me if I am wrong, but they started out in Korea and re-branded themselves later on. As a natural born skeptic, I was a bit dubious about online shopping. Like many people, I've heard horror stories of credit card fraud, or even worse, identity theft. I had always been put off by … [Read more...]

Pokemon Go and Gaming as Educational Tools

This article by Aviva is actually the best "Pokemon GO" adaptation to personal finances that I have seen so far! Topics addressed are: - Avoid herding - Taking action - Get help if you can't DIY - Compound interest - Re-evaluation Of the 5 topics covered, my personal favourite is "Avoid herding". However, herding is ingrained in Singaporeans. Long queue? Just join. Anything with a crowd … [Read more...]

Some Ramblings in August

Just some updates since I haven't been posting much.Truth be told, I've actually made a few sloppy drafts about a range of topics, but I decided not to post them.One of it was about the recent Pokemon Go craze and why people really need to stop hating on people playing this game. A lot of people have been coming out on social media shaming and hating on people playing this game. I don't know why … [Read more...]

[SGX Portfolio] May-Jun-Jul 2016 Update


It's been a while, and I've been so busy and lazy, but I've finally updated my SGX portfolio. As mentioned previously, this will be my attempt at having a monthly update of my SGX portfolio. I have also updated that page to include the historical growth of my portfolio. I find it personally encouraging to know I've come so far from where I started. Hopefully other people may be inspired and … [Read more...]

The (pre-warned) Cracks Emerging In Obamacare

#Obamacare premiums, proposed price hikes: — FOX Business (@FoxBusiness) August 4, 2016 Wow, check that out. Obamacare premiums are going to surge 13-54% in 2017 although US inflation rate is... 1%. Fantastic. I just love Obama and Obamacare, don't you? /sarc (No, I hate Obamacare and I think it is one of the biggest dumb policy ever implemented) As big of a … [Read more...]

New CPF Changes

I gotta admit, I only found out about this yesterday after reading Uncle CW8888's blog post about it. I went to search google and I found these articles by the MSM (CNA and ST), but I couldn't find any more in-depth details anywhere else. Then I woke up today and I saw Kyith's post on it, which is just awesome! It is very detailed and I think it is the best resource about this new CPF Life … [Read more...]

Free 5 Year Passion Membership and 20% Cashback!


Thanks for CNA, I was reading an article about POSB and spotted this promotion going on. Basically, you just go onto their website and apply for this debit card and you will get 5 years of Passion membership free! How much is this 5 year membership worth? Usual price is $15, but now it's $12. Of course, through this tie-up, it is free! This is perfect for me because I've actually been … [Read more...]

High on… Nothing


That's the chart of the SPY (ETF of the S&P500) and it looks crazy to me. I've been bearish for the longest time and I've also been wrong for the longest time. However, the good thing about investing / trading is that you only book the profits or losses once you close out your trade. Those unrealized profits aren't real profits until you close your position. Easy come, easy go. … [Read more...]

POSB 1.55% 6-month Fixed Deposit Promotion


Hi all, FYI in case y'all aren't in the know, but POSB is having a 1.55% p.a. interest for 6 months if you deposit fresh funds. (T&C here) The way that this works is slightly different from previous fixed deposit promotions. You have to open up a special fresh funds account. Then you transfer in "fresh funds" into this account. Maintain the fresh funds until 4 Feb 2017. Your … [Read more...]

SAVING Money with Credit Cards

Personally, I sleep on airplanes and I travel budget, which is why I have zero care about miles cards. I'm a rebates guy and it just makes sense for me. If you travel a lot, perhaps a miles card might be better for you. I enjoy getting back cold hard cash rather than accumulating points for a trip which I might never take. To be honest, I know very few people who are struggling with credit card … [Read more...]