Author: Growing your tree of prosperity

Death of the IT Project Manager

I was one of the early adopters of the Project Management Professional qualification and held it for nine years from 2003 to 2012. I was reading about the PMETs who are losing their jobs and wanted to understand why there is such a wide gap between the skills desired by the markets and the skills which middle-aged PMETs like me have. I also read a really badly written book called the Neo-Generalist by Kenneth Mikelsen, one of the worse books ever written in support of a generalist career which paints the picture of a polymath as someone who is a trickster,...

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Life-hacks for the money-conscious.

We had to send our kids to the hospital due to both getting high fever over the weekend. Things have only settled down today, so the weekend post has been slightly delayed. Here are three life-hacks for the money conscious. a) Roti Banjir Arbitrage  I read about a variant method to eat roti prata the other day, so I tried ordering two roti kosongs and then poured the curry all over it. I then bought two soft boiled eggs from the drinks seller and place it over my new creation. The result is light years better than any egg...

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Personal thoughts on Phillip SGX APAC Dividend Leaders REIT ETF

The folks at Phillip Capital Management invited financial bloggers to a session where they introduced us to this ETF which just ended its offering period yesterday to quite a red-hot reception from investors. Many other bloggers are talking about this ETF, so I will just say a few words about this new product. Let’s start with the negatives : a) Dividend yield of 4.5-5% does not make my heart sing. The fund is not really attractive for high yield investors in a market where a REIT like Fraser Hospitality Trust can give more than 8%  when bought directly from...

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A perfect storm for REIT investors.

Another point which was keyed off the meeting we had with some fans is the idea of the perfect storm for REITs. Just to summarise REITs are the perfect instrument for the investor who is gunning for financial independence. REITs are Collective Investment Schemes so come under moderate scrutiny by the Singapore Government. Issuing REITs require a high level of compliance to prospectus requirements. Investors then get rewarded with be able to diversify their holdings among multiple pieces of property. REITs are also held by back with a gearing limit of 45% and a 25% on development property. The...

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My Cinderella Story.

One interesting notion I learnt from the AAR of our talk is idea of a Cinderella Story. Here is an example of a Cinderella story of fictional finance guru Ah Huat : ” Born to a single mum, Ah Huat grew up in a one room flat. Partially blind from a birth defect, Ah Huat joined successive gangs, first extorting money from cardboard aunties, and then dealing with lifestyle drugs after dropping out of primary school. Ah Huat’s life changed when he was thrown in jail. Upon his release, he dabbled in multiple businesses but was cheated by someone...

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Session with Financial Bloggers : After Action Review

Today’s session was a blast. For a maiden effort, it was a good attempt. After all, we did sell out within 24 hours. Our event’s unique selling proposition was that it had ample substance, and we do not use this session as an attempt to get more sales from the audience. With this event, what you see is what you get. Content-wise, I was especially surprised at what Brian bought to the table in today’s session – it really changed the way I looked at REITs. This idea alone makes the session worth the price tag we charge for....

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Life Lessons from understanding why bestsellers sell.

When I first read the premise of The Bestseller Code by Jodie Archer and Matthew Jockers, I placed a pre-order immediately. It is something too interesting to miss given my grander ambitions. Apparently computer scientists, through the use of Natural Language Processing (NLP) techniques which have made so much headway to programmatically de-construct a fictional bestseller, it is possible to use AI to score a piece of fiction for earning potential. Already publishers may be front-running manuscripts by passing it through an algorithm and giving only the writers with the most potential advances to reach best-seller status. More importantly,...

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Legal issues which are of concern to financial bloggers.

Some financial bloggers know that one of my personal aims is to become the financial blogger that other bloggers read. This forces me to always push myself at the fore-front of thought leadership in personal finance but it also sacrifices some relevance to ordinary readers. I have an exam in Financial Regulations after my mid-term break and deliberately made it a point to write this article for all financial bloggers as we always have some legal concerns on the articles which we write. As I am but a humble law student, please do not take this as legal advice,...

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Talk by financial bloggers got sold out in less than 24 hours !

As our friendly neighbourhood troll, SMOL has rightfully pointed out, I did not do a really great job promoting my fellow bloggers Kyith and Brian who were giving this talk on 6th October 2016. I was actually meaning to meet up with them yesterday to have a discussion on the talk and then drum up support for the talk today in a separate article. How was I to know that we got SOLD OUT IN LESS THAN 24 hours ? So I have no talk to promote today. For the folks who were disappointed that they are unable to...

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Talk Event – Building Cash Flow from Stocks

From  a professional perspective, I will be making a fairly substantial leap in about a week’s time. In the past, I have been giving free talks to members of the public on money matters. This time round, the talk which I will be giving will be a paid talk but at a reasonable $19. Myself and a few other prominent bloggers are part of a collective called BigScribe. We think that we will be more effective in promoting ourselves when we band together and pool our resources because some of us can do research, others are really good at speaking...

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What do high income people know ?

Self-help in this age of complicated data analytics means that the advice we can get on how to conduct our lives can become very specific and very useful. This is light years ahead of the good old days where we are stuck with Dale Carnegie, Stephen Covey and, worse, Napoleon Hill if we actually try to read to improve ourselves. William Poundstone’s Head in the Clouds, can be a very disturbing read but I now view it as a compulsory read if one aspires to be a thought leader in personal finance. William’s experiment is ground breaking because he...

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Learning as a fundamental skill in personal finance.

If you look at the news on the glut of law students, one lesson becomes clear : there are no clear career paths with guarantees of comfortable middle class lifestyle. Engineers have always lived in this reality because when times are good, foreigners will be deliberately introduced into the economy to keep salaries and business costs on the low side. The only solution is extreme austerity, career gamesmanship and savvy investing. Moving forward, I no longer think that my classmates are destined for a good life anymore. For even the select few who can get into the big four...

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[Vote for me #3] Investing your money starts with containing your costs

[ I have submitted a personal finance essay and right now, I am still canvassing for votes here. Voting will only end on 16th September. I will be writing  a set of three essays to elaborate on the ideas presented in my essay in the hopes that I can get more hopes and hopefully win something for this competition. This is the third and last essay ] The last component is investing your money, and I will not go into the territory covered by other bloggers on specifically investing which stock counters, instead I will share general tips which would dramatically improve...

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[Vote for me #2] Saving money and resisting the lure of a YOLO lifestyle.

[ I have submitted a personal finance essay and right now, I am still canvassing for votes here. Voting will only end on 16th September. I will be writing  a set of three essays to elaborate on the ideas presented in my essay in the hopes that I can get more hopes and hopefully win something for this competition. This is the second essay ] The second aspect of personal finance I would like to talk about today is the idea of saving money. Saving money lacks the complexity of finding ways to earn more money because it is largely something which...

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[Vote for Me #1] Earning your money and Career Management

[ I have submitted a personal finance essay and right now, I am still canvassing for votes here. Voting will only end on 16th September. I will be writing  a set of three essays to elaborate on the ideas presented in my essay in the hopes that I can get more hopes and hopefully win something for this competition. ] Figuring out how to earn your money is most critical component of personal finance and very possibly something which even the best financial advisors would be unqualified to advice on. If you can manage your career and earnings well enough, more than half...

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