Author: Growing your tree of prosperity

How to be a financial troll ?

Some financial bloggers met yesterday and we discussed how a financial blogger can theoretically turn troll and earn Ad sense revenue by engaging with pissed off readers. I am trying to distill the discussion into something more concise for the benefit of other financial bloggers. While most are not trolls by my standards, a bit of trolling can make the blog livelier and expand the audience to include people who tune in just to find out what you are going to say next. So here are some ideas : a) Be young and ‘inexperienced’ Some bloggers who might be...

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When it rains, it pours !

Unlike the other financial bloggers who active talk about their investments, I do not usually share my portfolio positions on this blog. The reason is that if I do so, I was concerned that some readers might latch onto the idea of dividends investing so fanatically that they might suffer serious losses or miss out on something more tried and tested being offered by, in my view, better informed financial bloggers out there like Investment Moats or the mighty AK71. But I think sharing my investment bloopers is quite fine because it is educational and demonstrates to readers that...

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Are you a One Punch Investor ?

If you are a fan of Japanese Anime, you might have watched a few episodes of One Punch Man. In spite of the fact that Saitama can kill any Kaiju Monster with just one punch, this is an eminently human story of how a person can cope with ennui and boredom when he finally attains god-like powers. I can definitely relate to that, being somewhat having no income for the past 22 months but being  able to hold out as a SMU student. As  a student, my expenses have become really small and most of my time is spent...

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Almost 22 months years since I left the workforce !

Time really flies… Thought a quick update is in order. a) Financial update It’s quite scary to think that I’ve not had a pay check from a company for 22 months. Even more interesting is that I’ve yet to draw on my investment portfolio capital since the last day I left the workforce. Some sales did take place to reposition my stocks and some monies were returned when MIIF was taken off SGX. But all on all, I was able to farm part of my dividends back into the markets and a couple of P2P lending campaigns. But overall,...

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Prosperity should be a technique, not a theology !

If you have been following the news and social media, you might come to the conclusion that the problems which arise in our society is that people tend to conflate technique with theology when it comes to material prosperity. a) What is the theology of Prosperity ? Prosperity as a theology is dangerous idea. It means that belief and faith becomes a sufficient condition to attain material prosperity in this world. It comes in many guises, not necessarily in the form of a religious group. Some authors like to sell the idea that by simply thinking and locking yourself...

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Cost of having a child is way overblown !

A few prominent bloggers like Budget Babe have started talking about the costs of having a child. Quite intimidating for married couples planning to have kids and singles is the infographic of the price-tag of $1,000,000 to have a child. I think this number is blown out of proportion, even if empirically true, the $1,000,000 payment does not happen up front but over the the life of the child but it creates an illusion that $1,000,000 is a pre-requisite to being a parent. I am pretty sure that our birthrate would be zero in such a case. Let’s mathematically...

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Dating advice for financially independent men.

I do not need to really blog anymore. These days, a fellow blogger might just refer some readers here and all I have to do is to react to their article. Investment Moats put up a really hilarious article today. Before I start, a little bit about my dating history. I was NOT financially independent when I was dating, but I was a bona fide cheap date in my early thirties struggling and failing every month to live on my dividends. But me and my missus were happy. We ordered a $7 Nasi Briyani from Shami Banana Leaf restaurant...

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How to beat the STI index ?

  A lot of other blogs talks about the virtues of the STI ETF index ( ES3 ).   For most beginners, buying the entire index makes sense. As ETFs generally have low management fees, holding the ETF for a long term yields solid dividends and you get to make a general bet on the Singapore economy.   But what if you are an intermediate investor and want better performance on the STI index?   One way is to understand that the STI index is a capitalization-weighted index. This means that the position of an individual stock when you...

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Law versus Chaos in Personal Finance.

I just completed 90% of two research papers and started by mid-term holidays ( Lectures resume next Tuesday ) and have only a few minutes to create this update. Recently a really horrible piece of financial advice came out from Elite Daily which was immediately pounced upon by by my friend and uber blogger Budget Babe. I would like to add some context and nuance about personal finance in general. We need to think about our adult lives as battle of Law against Chaos. On the side of Law is our desire for security. To meet our goal of...

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How to deal with the idea of 15% yielding "unicorn" yield stocks.

Investment moats struck blogger gold again with an article on keeping cash around for that 15% yielding stock. To me, this article borders on financial pornography, but it does so in two good ways : Firstly, Driz’zt did not insist that 15% yields exists, he merely suggests that a prudent investor hold some cash in reserve should that day arrive. Secondly, he referenced my blog, so I would need to put in some effort to build on his ideas. The main idea of my article is that a 15% yielding stock which would pave the way for your financial...

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Manage your CPF well but please do not rely on it !

I’m very busy this week as I have my mid-terms and a presentation to make next week in school. Nevertheless I want to elaborate on this point I made in my radio interview which Driz’zt of Investment Moats has kindly referred some traffic to me is his very well-thought article on CPF. We Singaporeans are a lucky lot because a large part of what our government do actually works. The same cannot be said if you happen to live in our neighbouring countries. The mindset of not relying on CPF is not a judgment on our government’s capabilities. I...

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Peer to peer lending strategy using the Kelly Criterion.

There is very little literature on how to invest in peer-to-peer lending campaigns and I am pretty sure that very few financial bloggers who have a decent framework on peer-to-peer lending. I am going to attempt to come up with a blueprint on how to size your bets when you are being offered a campaign on any lending platform. This approach is based on the Kelly formula which is employed by gamblers in casinos. It is an optimization strategy which maximises long term returns. Based on what I know about the current state of lending platforms, the Moolahsense platform...

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Notes from my last interview at Kiss 92 FM on retirement.

I think I was a lot more nervous in this round of the interviews because some of the questions veered away from what I was prepared for, apologies if there are more time fillers if you are a Toastmaster. Nevertheless, it was a good session. I want to clarify some points I made and highlight some questions I addressed when I was off-line with the deejays, a) REITs are not everything. The DJ’s couched the questions from the position of a rent collector which was how the conversation veered towards a discussion on REITs. While REITs are a mainstay...

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Write your own manifesto ! Rekindle the Singapore Dream !

The concept of a manifesto has become more interesting in the upcoming elections. For a party which is not likely to form a government, a manifesto is of little use to the electorate but serves a purpose similar to that of marketing collateral. You see that these parties would come up with the best manifestos that have the effect of transferring a bulk of the reserves into the pockets of Singaporean. For a party that is very likely to form a government after the elections, a manifesto becomes almost contractually binding because the electorate would remind the party of...

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Before you vote on Sep 11 : How to make your own minimum wage and unemployment insurance.

I was actually quite apathetic to this year’s elections, that is until I came upon snippets of the Worker’s Party manifesto on their proposal for minimum wages and unemployment insurance which warrants some gentle intervention from a finance blogger. But first of all, I don’t want this article to lobby for any political party. Just because I think that WP’s ideas on minimum wages and unemployment insurance are wrong does not mean that the reader is being asked to support the PAP. This is because WP will not be able to execute on their manifesto even if gain two...

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