Author: BULLy the BEAR

Learning new things for fun

In the last week or so, I’ve been learning programming. I’ve done programming in the past using an ancient computing language typically used in old ancient physics or engineering lab (Fortran, if you must know) back in my university days. This time, it’s a new age computing language called Python. I’ve never been so excited about learning new things for a long while. One fine day, I just decided I wanted to continue my coding journey, so I just picked a language and started reading about it. I downloaded the python software (free) and started working on it. The...

Read More

The key to unlock doors

Today, my wife and I went to grocery shopping. We’re looking for a pack of Origins Organic hulled millet that my son is eating as a porridge daily. It’s running out and we desperately needed a packet to refill it up. It probably didn’t help that it was about to rain heavily and I only have about 30 mins turnaround time to get back home because a student is coming for lessons. In other words, I’m looking for a grab and go situation, not really in the mindset for shopping around. Not my wife. I went to the usual...

Read More

Evolution of worry

Before my kid is born, I am worried about whether he will have genetic faults. The worry is real so both of us went to do some checkup to see if we have any hereditary illness that might be passed down to the next generation. Then when he is born, I’m worried about whether his hearing is alright. He initially failed the test, but was okay after a second try the following day. When he is still crawling, I worry about whether he can walk. When he starts walking, I worry about when he will start talking. Basically the...

Read More

MyRepublic’s Uno plan speed testing

Towards the end of May, I switched my mobile plan from a sim only plan from M1 @ $25 per month to MyRepublic’s Uno plan @ $8 per month. This plan suits me to a T, because I don’t like having a lot of excess data since I only use only 1 Gb per month working at home. I love the free caller id and best of all, there’s this thing called boundless data. The plan gives me 1 Gb but if I exceeded 1 Gb of data in that month, I won’t be charged for it. Instead, they...

Read More

Easier to be a good dad than a good mum

When I go out, I always see wives scolding or complaining that their husbands are doing a super bad job taking care of kids. The husband literally just stand there and suck it up while their furious wife is pouring out all her troubles in public. I ever asked my wife if she’ll do that to me in the future, and she asked if I’ll do that to her instead. The truth is that it’s easy to be a good dad. In fact, it’s easier to be a good dad compared to a good mum. The standard of a...

Read More

Astrea IV private equity Class A-1 bond

Astrea IV is a wholly owned subsidiary of Azalea Asset Management Pte. Ltd, which is indirectly wholly owned by Temasek Holdings. They are issuing bonds from their private equity funds, so this marks the first time we have a retail bond linked to companies that are not publicly listed and thus not accessible to the general non-accredited retail investors like you and me. Wholly shit. BOND DETAILS Name: Class A-1 Bonds 10NC5 Interest: 4.35% pa, semi annual payment. If not redeemed after 5 yrs on Jun 2023, will step up to 5.35% pa Maturity: 10 yrs, on 14th Jun...

Read More

Voluntary contributions by self employed

Not too long ago, I received a letter from IRAS that I have to pay for my mandatory contribution to my medisave account as a self employed. It comes up to be $6393. I was mulling through the options that I have, so I might as well share it here since I know there is a dearth of write up just for self employed by self employed. My situation: 1) I’ve done voluntary contribution to my CPF for ages, and the reason is to reduce my income tax and also to build a buffer in my OA so that...

Read More

Bigscribe mega event of the year: Investors Exchange 2018

Bigscribe is running the mega event of the year, called Investors Exchange 2018, coming this July. They are known for their value for money courses with down to earth speakers that everyone can relate to. Last year’s event was a sell out, so they thought it’s time to up the game by introducing a great line up of speakers. Take note that these are not sneak previews to entice you to sign up for the ‘real’ course. THIS is the the real course. Here’s a brief introduction to them: Stanley Lim (from valueinvestasia) He writes for Value Invest Asia,...

Read More

Surviving vs Thriving part II

I talked about thriving and surviving in this post here. That theme keeps creeping into my mind in the quieter hours and I thought more about it. Decided to post it here to further consolidate my thoughts on this subject matter. There are three categories here: 1) not surviving 2) surviving but not thriving 3) thriving Basically these are states which describes your level of excess mental and physical energy. Not surviving means you don’t have enough physical and mental energy. Surviving means you just have enough and not much to spare. Thriving means you have more than enough....

Read More

11 questions from Tribe of mentors

I’m about to start reading on Tim Ferriss’s Tribe of Mentors. If Tools of titans is a great encyclopedia of self help knowledge, I think tribe of mentors wouldn’t do much worse. Tim went ahead to ask several people the same 11 questions, which are listed down below. Since I haven’t start reading, I thought I will try to answer them first so that I get more out of reading what others have to say. So, here’s my answers to the 11 questions: 1, What is the book (or books) you’ve given most as a gift, and why? Or...

Read More

Did you give away your equity freely?

I wanted to share this idea regarding child caring. The default way these days is for both parents to work while hiring a foreign domestic worker (or two) to take care of the kids. That is the most economic and financially savvy way. Hiring a domestic worker is much cheaper than going to infant care or child care, and have more utility. That is also the reason (I suspect) why my mum-in-law insists on wanting us to hire one. I vehemently refuse. I seek to explain why here. But let us go to a separate domain of raising capital...

Read More

FIRE

Wanted to share my thoughts on what is meant by FIRE. I’ve a disclaimer here – I’ve not read a single piece of literature on this subject matter and I’m simply deconstructing the word based on what I’ve read about the components and piecing it up together. So, if I’m wrong, don’t get so hot and start flaming me and set me on fire for anyhow firing an article on fire. FIRE does not mean financially indebted, retired early. It stands for financially independent, retire early. Let’s break up into the two parts : financially independent and retire early....

Read More

Feed the fish, or fish to feed?

Ever since I became a parent, every day I have to think about choices and its implication. I often wondered about my role as a parent, and thought about whether I am making the right choices right now that might affect my son in the future. So sometimes, I feel guilty that I am relaxing in front of the tv, instead of teaching some stuff to my kid. You know, stuff like that. As a parent, my role to my son is two-fold: 1) Make sure he survives, so that will include feeding, bathing, changing his diaper and be...

Read More

Indifferent to the difference between needs and wants

Today I was chatting with some members in the Bigscribe facebook group regarding fixed and variable income. It’s just the usual banter that happens daily, so it provides an environment where you get saturated with how to build wealth and generally live a good life. Like diffusion and osmosis, you have no choice but to be the average of the 5 people you hang out with. But that’s not the point of this post. I was reflecting on my journey regarding the separation of needs and wants. You know the usual rules when it comes down to controlling expenses,...

Read More

Portfolio sector breakdown

The market had been down in Feb and I had been spending my cash to whittle it down to a manageable level. If not, the cash will be like a runner wearing parachute while running. It’s safe but it’ll drag me down. I took stock of what I had and what the different sector allocation relative to each other. It’s right below in the pie chart. Take note that the percentage is based on capital allocated and not based on market value. You might not agree with how I labelled the different companies in my portfolio though, but that’s...

Read More

Like us on Facebook

Follow us on Twitter