Author: Growing your tree of prosperity

I read the news with increasing consternation that our society has created a monstrosity such as the tuition industry. The situation is now so bad that I think personal finance gurus need to put their heads together to formulate a better framework to decide whether kids should have tuition because the consequence to  your wallet is so dire that in the BIGS FB group, professional tutor La Papillon estimates about $1,500 spent per month for four subjects. And this is only for one child. Tutors have a guaranteed rice-bowl due to the systemic mess the education system has created...

The genesis of this article came from Alvin Chow of Dr Wealth who make this quote of social media. I was once reminded of the Efficient Markets Hypothesis (EMH). On Investopedia, the definition of EMH is as follows : “The efficient market hypothesis (EMH) is an investment theory that states it is impossible to “beat the market” because stock market efficiency causes existing share prices to always incorporate and reflect all relevant information.” This theory is broken down into three sub-forms: The weak form of EMH posits that past movements and volume do not affect future stock prices. Believers...

I’d like to see BIGScribe Investors Exchange as the Wrestlemania of Singapore Investing. You can book your tickets for this event here. Our last event sold out and I was told by the event organisers that we are selling the tickets at twice the rate last year. It’s no surprise, because as of this time, we have four heavyweight speakers who will be talking about serious investing topics for that day.As you all know, I am a retail investor and a fan boy, so I look forward to the presentations just like members of the audience. Which puts me...

The Art of the Good Life is taking a break this week as I am blogging from my parent’s home and recovering from a nasty bout of food poisoning. This is part 2 of my critique of Teo You Yenn’s This is what inequality looks like. After completing the book, I became a lot more disappointed at this piece of work. The first half had vivid descriptions of inequality but the second half is a confusing mess. There were two chapters dedicated to the problem of the lack of dignity in the lower classes. One chapter, which I find...

I don’t have much to talk about because I’ll be spending the weekend in NLB to crank up more backtests for my next talk which is entitle “F.U. Money”. I can’t start my marketing blitz until I finalized my contents. But here’s a share on what I’ve been thinking about of late. The latest buzzword being bandied around is Quantamental Investing and I did some Googling to find out how professionals do it. Right now, I can’t figure out how this is anything new compared to what was done before so it is possible that some people invent a...

[ Feedback for this article is fast and furious ! Some concerns raised is whether investment grade bonds with a short duration can even be found in the markets ] This has been a great week. The folks of Kim Eng held an open house and invited me to attend. The catered food was relatively good given that my exposure to free buffet is limited to what is available in SMU law school. They also gave me a pair of free movie tickets because I was such a special margin financing customer. I’m just saying all this because I...