Investment transactions for Feb 2017

I’m going to first address the updates to the OCBC 360 bank account from 1 Apr 2017. As bank profits fall, one of the ways they can reduce expenses is by lowering the interest payments on the high interest bank accounts. This can be done easily by adjusting the interest rate tiers downwards that are earned on the various requirements to be met with one month’s notice and especially after they have … [Read more...]

Dividend income for Feb 2017


I was reviewing the Dividends section of my SGXCafe portfolio and was happy to see the dividends to be collected these few months from various stocks and ETFs. They are more than the amounts I collected the same time last year and I’m pleased with the progress we have made. Slow and steady but definitely on an upwards trend. Let’s have a look at the dividends we received in Feb 2017. SGX SPDR … [Read more...]

Interest income for Feb 2017

Passive income post time! First one of the month is usually for the interest income received from our various bank accounts in Singapore and Australia. For certain months, we also receive interest income from the corporate bonds that we hold. And Feb 2017 is one of them. Which is why this post is being written towards the end of the month since I was waiting for all of the interest to be credited … [Read more...]

Do household income trends matter?

The Department of Statistics Singapore (SingStat) issued a press release and report on Key Household Income Trends 2016 recently. You can look at the summary of key trends in the press release and find the detail in the report. This is one of the most interesting data reports from SingStat that I have looked at. The other being the article on households’ spending by age group. It gives my wife and … [Read more...]

What’s in the Singapore Budget 2017 for us?

Finance Minister Heng Swee Keat delivered the Singapore Budget 2017 on Mon 20 Feb. Since I have spent a few years working in the tax division of accounting firms in Australia and Singapore, the Budget speech is something I have gotten used to following every year. It has become a habit to review the corporate, personal and other tax measures that are announced then. But let’s focus on how this … [Read more...]

Challenges for the modern millennial woman

Do you remember a post I wrote last year about why I left my previous job? One of the main reasons being the deteriorating relationship between my tax partner and tax manager (after her return from maternity leave) over mismatched expectations, lack of communication and poor conflict resolution. This put me in a difficult position in the middle between the both of them and I hated it. Would you … [Read more...]

Market cycle approach to working and ETF investing

I haven’t posted anything new in 2 weeks. Work picked up and the past 2 weekends were packed with family and friends meetups for lunches and dinners. Typical life of a working couple without kids. We spend most of the week at work during the day and with each other at night before scheduling all the catching up sessions over the weekend. This is on top of trying to find time during the week to … [Read more...]

Why are you investing?

Sitting inside the Parkway East Hospital at Telok Kurau now accompanying my wife for her executive health screening appointment. It’s a good thing this is covered by her employer. Just saw the costs and it would have come up to about S$500. One of the benefits of being employed that we don’t appreciate enough – the fact that our medical costs can be covered in such a manner already help to … [Read more...]

Jan 2017 Net Worth and Portfolio Update

Had a good CNY break and it’s been relatively quiet at work this week due to people taking leave on top of the public holiday on Mon. Not a bad thing to have a lull for this week as work is going to pick up next week. Anyway, another month has gone by and it’s time for another net worth and portfolio update for the month of Jan 2017. NET WORTH – S$200,090 (+S$13,514 AND +7.24%) Nice monthly … [Read more...]

Investment transactions for Jan 2017

Happy CNY everyone! I had a half day today in the office and left the office at about 1pm. Went out with my wife to have lunch and do some shopping before heading over to my parent’s place for reunion dinner. We even had one of our cousins from Malaysia join us this year because she is working in Singapore until later in the year when she heads back for university studies. The reunion dinner is my … [Read more...]

What is your investing personality (Part 2)?

Welcome back to Part 2 of What is your investing personality? I had intended for the topic to be one post but realised the original one was already hitting 1,000 words and I haven’t even covered the section on the performance of the POSB Invest-Savers. Hence, the decision to split the post into two parts. I left off from the previous post on my family, wife and I setting up the POSB Invest-Savers … [Read more...]

What is your investing personality (Part 1)?

Back at work for another week but the good news is that it’s CNY this long weekend. Looking forward to the lunches/dinners with family, relatives & friends, snacks and much needed rest since the start of the new year. I know it’s only been 3 weeks but Christmas and NYE celebrations already feel like ages ago. Anyway, it’s time for me to get back to the series of posts about the things I wished … [Read more...]

Interest income for Jan 2017

I’m writing more frequently now and the posts are starting to lengthen. It’s a good sign that I can dedicate more of my time to the blog. Well, it’s probably more of a reprioritisation since I’m just allocating time from watching TV & youtube videos and reading stuff online to actually writing blog posts. Gives me something more useful to do at night. I have spent about 3 months at my new … [Read more...]

How much can you afford to invest each month?

We have only been working for about 7 years and investing for about 6 years. The first year at our jobs was spent in Melbourne adjusting to our new lives as working adults from being university students before that. We were learning how to cook more regularly, interact & work with colleagues in a new environment, study for a professional accounting accreditation on top of work and picking up … [Read more...]

Dividend income for Jan 2017

We have received all of our dividends that we are entitled to for the month of Jan 2017. This means it’s time for another post on our dividend income for Jan 2017. By the way, I’m referring to my portfolio on SGXCafe for the relevant dividend information and I recommend it for your SGX portfolio and investment cash monitoring. Beats having to log into my internet banking accounts to check and sum … [Read more...]

What we want to achieve with Finance Smiths

NEW SELF-HOSTED WORDPRESS BLOG, DOMAIN AND DIRECTION If you haven’t noticed, this blog has been moved from Blogger to a self-hosted WordPress platform. After about a year of writing and wanting to continue with this personal interest & hobby of mine, I decided to spend some money on it. Have my own domain name and improve the design of the blog. I went with HostGator as my web host, Genesis … [Read more...]

New blog domain

I have decided to give a self-hosted Wordpress blog another shot. This will be my blog address going forward: Spent some time moving all the content across and I'm finally ready to start posting new content there. Looking forward to it! … [Read more...]

Happy New Year 2017


It's the first day of the new year 2017! We had a great time last night having dinner with good friends and counting down at their place. Stayed up late having drinks, playing board games and chatting before heading back in the early hours of the day. Slept in until the afternoon today and it's been a lazy day. But we should be heading out soon for another gathering. Always nice to have fun … [Read more...]

2016 annual expenses of S$120,000


The week and the year 2016 is coming to an end with one more day of work before I get to enjoy another long weekend. Looking forward to a nice Japanese dinner with good friends tmr on NYE before counting down to the new year 2017 at their place! I might have another post about 2016 in review but it's been a tough year on many fronts for my wife and I. We had great times with each other, our … [Read more...]

Investments for Dec 2016


I originally had this post titled "Purchases for Dec 2016". But it sounded like the post is about consumer items that I purchased for the month of Dec 2016. Of which there were many considering the Christmas celebrations, dinners and gift exchanges. Happy times! Anyway, I changed the title to "Investments for Dec 2016", just to make it sound more official and related to the financial assets … [Read more...]