Author: Early Retirement SG

Some things just don't make sense to me

I wrote about something like this previously. For me, I’ve tried to live my life rationally. Thinking about value of things, whether something makes sense to do, whether the cost:benefit is worth it, stuff like that. That’s what a capitalistic world is pretty much about. Doing things worth doing logically with actual tangible benefits. And when I see people spending money on stuff which I feel irrational, I tend to raise an eyebrow and wonder why people do such things. Like buying branded bags when they cannot afford it. I mean if someone earns $20k per month, fine, they...

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Value vs Price

Most of us know about this… the difference between value vs price. We look at this kind of thing when we try to analyze stocks. Buy when the price is equal or lower than value, sell when price is higher than value… something like that… However, this appears in many of our real life situations. Recently, one of my Facebook friends is planning on relocating. She wanted to sell her dining table and chair set for over $600 for the table and $200 per chair!!! It was obvious she bought it at a very high price… it was one...

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How I make use of my wife

It’s really quite intriguing… After my previous post… I got a couple of comments… I suspect they aren’t regular readers cos for the folks who have followed my story, I think I addressed many of the points raised by the commentators… The gist of the comments revolved around me making use of my wife and that I am using her money to fulfill my wants and my travel and the car and all that stuff… and that maybe I intend to persuade her to work til she’s old so that we can enjoy our standard of living. And naturally,...

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When is it time to stop?

I really wonder… Do rich people think of stopping? Like people who make $250,000 a year? It’s a high opportunity cost, and yet, probably at 45 years old, I’m sure they would have plenty of assets already to sustain a good lifestyle after they leave their jobs. How about millionaires? Billionaires? Do they think of stopping? I look at my wife for this. She doesn’t make anywhere close to $250,000 per annum. But I can see that she enjoys her work. And it’s when I see this that I understand that sometimes, there really isn’t any need to stop....

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Expense update 30 Sept 2018

I’ve missed a couple of posts this week, I’ve been out of town again for 3 days to Jarkarta. Expense update for last month was pretty much similar for basic expenses. Food and transport didn’t change much. Food was slightly higher than normal cos my wife went out to eat with her colleagues more last month. Some light household expense, $24.90, I forgot what it was for. As usual the main expense is the business trips which I follow my wife on. We have another Paris trip coming up and we are extending the trip to go Amsterdam for...

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Forks in the Road of Life

Have you ever looked at your own life and wondered how you got where you are? The different decisions that got you here? Some are big decisions, some are small decisions, some decisions don’t make any difference, etc… I look at myself and I think about this often. The things I’ve done, the people I’ve met who has changed my life, and sometimes I would never have met those people if I didn’t do some things, and those things may have been influenced by other people and it’s a long chain of events. ​I think I wrote about something...

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What's with the Farmers, Monks and Warriors?

Woah, I’m hopping on the bandwagon since everyone is talking about this. Hahahaha… So long story short, a couple of bloggers have posted about this… My15HWW Singaporemanofleisure DrWealth Investmentmoats The monk is supposed to be a frugal person who “suffers” and gets used to suffering and having less and thus is able to “enjoy” life cos he has gotten used to having no wants. The warrior is someone who has made it big, by taking risks, maybe a entrepreneur, so he’s someone who fought a great battle, won it and is living it up now… Do or die trying....

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Is healthcare cost too expensive in Singapore?

Okayyy… I think this is an interesting topic. Cos we always hear… you can die in Singapore but cannot afford to fall sick… And the question is… is this true? Let’s not look at the small illnesses that require hospitalization. Those run into the thousands and I think… most of the people in the frugal community, or the people who want to retire early, a couple of thousands is still somewhat “affordable”. Meaning, our portfolio can handle a few thousand dollars’ expense to save our life. So let’s look at what happens when an expense of $200,000 hits. I...

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What if I had $10,000 dividend per month?

I’ve been a bit preoccupied recently, thus the lack of posting for a couple of days. Hopefully I’m able to find more time to type as regularly as usual. I do try to get out one post per weekday. Just that some days I leave house early in the day and I don’t have much time after that. *************************** Now, of course all these is hypothetical… Cos I’ll never know what I would really do unless I really have such an opportunity. Read old blog post here. So a simple way to look at things is that I would...

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Estate Planning

Hmmm… I really don’t know how much I can write about this… Cos it’s quite simple… Doing a will in preparation for the future is quite a simple task. The problem is that, 1) it’s like insurance. There’s no real urgency. Most people will do it tomorrow… 2) Some people are pantang, or superstitious. 3) People don’t know how to distribute their assets so they just leave it to the “default”, which is to die intestate, which means just follow the default formula. Property Ok, so what happens usually. First, there is the house. Most people have a Joint...

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My investment background

Ok some background on me and my investments. When I was 15, I bought my first share under my dad’s account. Singpost almost 21 years back. That’s when I learnt about dividends cos Singpost had some good dividends back then. But I didn’t hold Singpost for long, I saw it go up and down a couple of cents, and at 15 years old, I got too excited over a couple of hundred of dollars. So I requested my dad to sell it and I just took a couple of hundred of dollars of profit. That was my first experience...

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Optimizing my life

Ok so I mentioned this yesterday. I got a comment asking what motivates me to optimize my life.  ​ Simply put, I’m lazy.  So to me, it’s all about efficiency.  A simple example.  Most people spend around $500 per month on groceries, assuming $10 per hour, that’s 50 hours a month spent working. Alternatively, I could put in 3 hours a week (12 hours a month) and do some freegan activities and I could get free food for the whole week. Furthermore, these 3 hours I am probably enjoying what I’m doing. Which is usually just going to a...

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I really cannot complain about what I have

I was reading Mr15HWW’s recent post… When I got to quality of life… these words resonated with me. I was thinking… how IS my own quality of life? My own and our own quality of life. We have enough to spend and save. We have all the necessities in the house. We aren’t overly stressed. We travel often, it’s both a plus and a minus, cos it’s somewhat disruptive to our daily lives but yet we capitalize on it and try to make the best of it. We get good healthy home cooked food daily. We get to eat...

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EM Contagion

It’s kinda the hot topic now. Is it time? Is it gonna happen? The long awaited market correction? Some of my investment have seen relatively large drops. But I’m ok with that. In the larger scheme of things, it’s not too bad. I’ve seen market rises and falls… The main question is… Will there be contagion? If there’s no contagion, it’s likely the market will drop 10%-20% then recover as the respective governments take corrective measures and get aid. This is a highly likely scenario. IF there is contagion, then there’s a chance that 1997 may happen again. Mainly...

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Hotel frequent stayer rewards

So I think it’s quite obvious. That since we stay at hotels so much, we get some sort of membership status. So where we stay, we get upgraded to bigger rooms king sized beds, annually we get some food vouchers… Stuff like that. And I was thinking. Wow this is such an awesome way to lock in frequent flying customers. Cos now, we always stay at this particular chain of hotels. Why would I bother to stay at another hotel when on biz trips? I’ll have a small room, not as nice amenities, etc. Even when we fly on...

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