Some thoughts after today’s talk…

I felt that the talk that was given today in Block 71 was great because of the audience who was very interactive and kept me on my toes. Money can sometimes be an emotional subject, so interaction can be very engaging and lively for everyone involved. Here are some random points which I thought would be interesting for the regulars here who could not attend my talk at Block 71 just now : a) … [Read more...]

Back-testing a CNAV-like portfolio using local stocks.

As a continuation to my Value Investing Master Class given to me free of charge by BigFatPurse, I spent some time in the National Library Bloomberg Terminals yesterday to see if a similar strategy may yield superior returns when applied to the local stock-market over the past 10 years. As I'm a beneficiary of a good deed, I have to find a roundabout way to return the favor to BigFatPurse but … [Read more...]

Talk this week : Escape the Rat-race – Hacker’s edition.

The Hacker and Painter's movement has expressed an interest in my approach towards attaining financial independence, as such, I will be giving a free talk at the following time and venue this coming Friday, 27th June 2014 : Time : 12pm - 1pm. Venue : Plugin@Blk71 - Blk 71, Ayer Rajah Crescent, #02-18, S(139951) It will be a very simple 45-minute talk on attaining financial independence with … [Read more...]

Attended my first investment seminar on Value Investing.

Yesterday, I was invited to attend BigFatPurse's Value Investing Mastery Course along with 15WW. It was a great course. I would like to encourage readers to give this course a try for the following reasons : a) It's a great way to learn about investing for beginners. When I first started out, I really did not know what I was doing with my money. I made myself go through about 3 years of … [Read more...]

If you want to rich, be a bigger asshole !

Here's a conversation I had with a colleague some time ago : Me : If are walking along Orchard Road, an insurance agent and a snake approaches you. You have a gun with two bullets, what do you do ? Friend : I shoot the snake and the insurance agent. Me : Wrong, you should shoot the insurance agent twice, just to make sure he's dead. Friend : Actually, I disagree, if you're lucky the snake … [Read more...]

Some random updates.

I do not have a major insight to share this week as I have been hard at work writing programming code in R and also preparing to be Emcee for a friend's wedding tomorrow. Here's what's been happening in my life : a) A nice book review from BigFatPurse. You can find a review of my book here : The reviewers have been very kind to provide quite a favorable … [Read more...]

To succeed – Do more of this, do less of that.

To accumulate wealth and attain financial independence, the most important thing you need to do is to earn more and spend less. This will increase your savings so that your portfolio can grow as large as possible. A lot of people make the mistake of thinking that it all boils down into investment ability, but squeezing 1% out of a small $10,000 portfolio can only take you this far. In a similar … [Read more...]

Thoughts after 5 months of retirement.

Time really flies. It's been 5 months since my mini-retirement and now given that I've got a seat in the SMU JD program, there is at least some finality to my life plans. There is now some hope for an interesting career beyond financial independence. Here are some of my current thoughts : a) Portfolio financial performance has been very strong for the past 5 months. Most investors will … [Read more...]

The April Fool’s Portfolio : The End.

I'm stopping the April's Fool portfolio. All stocks were liquidated last Friday. There are two issues with a Current Net Assets Value portfolio : a) It has a "J-curve" characteristic. The experience from folks who employ this strategy often experience a slight dip before it starts rocketing ahead. I felt that the wait will be substantial and have to prepare my funds for law school, so it … [Read more...]