Archive

Greatsage

A tribute to my Mother and Father

May 13, 2012 by Greatsage
Today is Mother’s Day. Me and my siblings planned to give her a treat but she felt that the restaurants would be very crowded today. So we postponed our celebrations to next weekend. My mom is one of the baby-boomers. She belongs to the generation who don’t express love on their lips and believes in [...]
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My comments on Tan Kin Lian Blog Posting "Consumers who deserved to be ripped off"

May 11, 2012 by Greatsage
I was reading Mr Tan’s blog and came across his posting “Consumers who deserved to be ripped off”. I was quite angry when he commented that consumers should be ripped off for choosing to buy life insurances. Make no mistake, I totally agreed with him that we should all buy term policies and hospitalization plan [...]

in Categories: Investing

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My views on Singapore’s low birth rate

May 11, 2012 by Greatsage
In my previous post, “Sentiments of a Singaporean”, one of my readers pointed out whether it is fair to burden taxpayers who are single and do not have children with heavy costs of baby bonuses. Actually before he responded, I already knew where he is coming from. It is human nature to feel sour grape [...]
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Sentiments of a Singaporean (SOS)

May 10, 2012 by Greatsage
I thank Hyom, one of my readers for his excellent feedback yet again to my previous post “Plight of a Singaporean male”. As a fellow Singaporean, I shared many of his sentiments and frustrations. Coincidentally, the night before, I read an article in The Strait Times on this same topic. The author also expressed the [...]
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Knowledge is key

May 9, 2012 by Greatsage
Through interactions with some of my rich friends, I came to realise that no investors become wealthy through herd investing. In order to become a successful investor, we need to equip ourselves with the right knowledge. It is very important that you start your investment or wealth-building journey early on in your life because that [...]
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Reflections

May 9, 2012 by Greatsage
My blog’s pageviews will be hitting 25,000 soon! This is very heartening and encouraging to me. Although my blog’s readership is nowhere near the millions of hits enjoyed by popular bloggers like Xiaxue and Tan Kin Lian, I am pleased that there are quite a few people who took time to read my blog and [...]

in Categories: Site Update

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Investment Insight 2012: Thakral

May 4, 2012 by Greatsage
In 2010, I invested a fair bit of money in Thakral, one of the listed companies in Singapore. At that point of time, they declared their intention to change business focus and also proposed a significant dividend for the shareholders. I did some research on the company and decided to invest, tempted by the declared [...]

in Categories: Investing

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Plight of a Singaporean male

May 1, 2012 by Greatsage
Recently, I was flattered to receive a long feedback from one of my readers, Hyom, to my previous post on a business idea to provide services to foreigners and PRs residing in Singapore. There was a lot of angry thinking in his response and I can also sense a tinge of injustice when he mentioned that [...]
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Business Idea: Service Provider to help foreigners/PRs integrate into Singapore

April 23, 2012 by Greatsage
Quite some time ago, one of my readers visited my blog and suggested that one niche business idea could be to provide a service to help foreigners/PRs integrate into Singapore society. I have mixed feelings when he suggested this to me.After all, I am a true blue Singaporean, being born and having lived here for [...]

in Categories: Investing

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Business idea: Confinement nanny agency

April 16, 2012 by Greatsage
I have not been blogging for quite some time. This is because last month I became a first-time dad and I was real busy with my day-time job. I engaged a confinement nanny to look after both my wife and my little bundle of joy during this challenging period. During our research on confinement nanny agency in [...]

in Categories: Business

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The Ultimate Gangbang

March 21, 2012 by Greatsage
During the 2008 – 2009 financial crisis, stock market crashed throughout the world and triggered the collapse of several big US banks. Back then, even the Singapore government had to make the unprecedent move of guaranteeing all bank deposits till end 2010 to prevent bank runs. There were mayhems and carnages everywhere. There were also [...]

in Categories: Investing

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How to be rich in Singapore

March 17, 2012 by Greatsage
While we may not have investment acumen like Warren Buffett, we can still become rich through buying distressed assets in Singapore. There are always bargain around us and its only a matter of patience for the right opportunity to come. As I mentioned in my previous posts, the best time to “strike” is when the [...]
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Importance of Emergency Fund

March 13, 2012 by Greatsage
In my previous posts, I have written about the need for Opportunity Fund, which is meant for investing purposes. In life, we should also consider building up an Emergency Fund, which is a reasonable amount of money set aside for rainy days. Many people live their lives as if nothing bad will ever happen to [...]

in Categories: Investing

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Investment Notebook: Every crisis is an investment opportunity

March 12, 2012 by Greatsage
Have you ever paused to wonder why Singapore has one of the highest concentration of millionaires in the world? There are so many cash-rich Singaporeans out there that even during the recent downturn,  many of them were seen snapping up private properties like hot cakes, despite the sky-high prices. The reason is simple: many of [...]

in Categories: Investing

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Who will work for the rich?

March 9, 2012 by Greatsage
In my previous post, I advocated the teachings of financial, professional and general knowledge to our kids. One of my readers then questioned “who will work for the rich?” I suppose there is a mistaken belief among Singaporeans that if we exposed our child to the financial world or encouraged them to be entrepreneurs when [...]
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The truth about money

March 6, 2012 by Greatsage
Last month, our Education Minister commented that employers believe Singapore students lack drive and the willingness to try new things to succeed. I chuckled when I finished reading the article. Look, it doesn’t take a Singaporean genius to figure out that our education system has been result-driven and highly competitive for the past three decades. [...]
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Learn how to sell

March 5, 2012 by Greatsage
When I just started working as a manufacturing engineer in the aerospace sector, I always thought that my department (operations) was the most important department in my company. This was because I felt that without engineers solving problems in the production lines, the company would not be able to function as per normal. It was [...]

in Categories: Investing

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The one million dollar question

March 3, 2012 by Greatsage
If you were given a choice between having $1 million and gaining the ability to make multi-millions, which one would you choose? Many people, including me, would normally choose the former. After all, its human nature to dream of being rich, not having to work and to indulge ourselves. But look, how long can the [...]
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