Archive

La Papillion

My salted fish had turned over

June 30, 2014 by La Papillion
First of all, sorry for the long hiatus. This had been a crazy June holiday, so all my free time is sucked up into never ending work. I’m very glad that June holidays is over, to the dismay of all school teachers in Singapore, lol! Recently, I noticed that one of my salted fish had [...]
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The holy trinity of returns, risk and liquidity

June 6, 2014 by La Papillion
There’s been much talk about the CPF rates being very low. About 2.5 to 4% depending on which account you’re talking about. It’s kind of hard to get higher returns than that while maintaining the same risk as that of a fixed deposit. What risk am I talking about here? It’s the risk of capital [...]
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So far so good

June 4, 2014 by La Papillion
I’ve been using YNAB, a software that allows me to track expenses and all my cashflow in different accounts with great precision and accuracy, since Aug 2013. Almost a year now. It works very good for me because there’s so many times that I’ve missed out on something and I didn’t know about it until [...]
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The Amateur and the Pros

May 17, 2014 by La Papillion
This is a post inspired by our Man of Leisure here.   If you’ve heard a amateur and a pro playing from the same music score, you’ll find that there’s a difference. Sure, the amateur can hit every note, even on time, but there’s a certain degree of interpretation which defines the amateur from the [...]
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Comfort is the place where dreams die

May 7, 2014 by La Papillion
I love Greek mythology. So in the past, hence it is now. There are many many parallels that you can draw from them. Some serve as warnings and some as inspiration. This one that I’m sharing is quite a well-read one. This is the specific part about Homer’s Odyssey. Odysseus, after losing his ship and [...]
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Invest in yourself first before investing in stocks

April 29, 2014 by La Papillion
I’m not in favor of young people getting into investments in general. It’s so prevalent now that it’s almost fashionable to say that you’re into stocks when you’re at a young age. What business do people who are still studying have in the stock market? None, in my opinion. They should focus on what they [...]
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Re-framing the savings problem

April 25, 2014 by La Papillion
Sometimes, to convince people, you have to re-frame the problem to fit into domains that motivate that person rather than motivate you. I saw a lot of bloggers posting ways to save money, which is all well and good as an individual, but shouldn’t work too well if they are a couple. I know that [...]
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MR loh!

April 21, 2014 by La Papillion
I’ve recently finished the last leg of my national service, the much coveted MR (Mindef Reserve) parade. It has been a very long journey – 13 yrs to be exact – since I was enlisted as a recruit when I was just 18. Some of the people whom I’ve met when I was 18 was [...]

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How to party a chaotic good character with a lawfully neutral one?

April 2, 2014 by La Papillion
I read an interesting article from wall street journal by Charles Murray here. In his article, he wrote that punctuality, orderliness and thriftiness are the top three personal habits that may make or break your relationship with your other half. I totally agree. Usually these 3 things are the ones that me and my wife [...]
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What’s good about owning a car?

March 31, 2014 by La Papillion
I had a car for about 2 years now and I dare say it’s one of the best things I’ve bought. This is in sharp contrast to other financial bloggers, who are mostly too quick to dismiss car expenditure as something frivolous and definitely under the category of “wants” and not “needs”. I thought I [...]
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Which method of savings will you adopt?

March 27, 2014 by La Papillion
I wonder how many people feel the same way that I did. Whenever I’m busy earning more money, I spend much less time outside shopping or eating at restaurants, so my income shot up and my spending shot down. This resulted in my savings rocketing skywards with a boost in earned income and a drop [...]

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How to ride through the bicycle of life

March 25, 2014 by La Papillion
I went for a course on learning how to ride a bicycle recently. The course last for 2 days and I just completed the course on Monday. It was great! The experience is well worth the money ($190 per person, including rental of bikes) and is further enhanced by the fact that I’m doing it [...]

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Allocated 2 excess rights units for AIMSAMPI rights exercise

March 20, 2014 by La Papillion
This post wraps up the entire episode about the rights exercise for AIMSAMPI Reit. Before the counter went XR, I bought 6 lots of aims mother shares at 1.385. I didn’t buy any nil-paid rights off the market. I’m entitled to 1050 shares of rights units, and I’ve fully subscribed and applied for excess rights [...]

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Need a seat? Just ask for it.

March 19, 2014 by La Papillion
I was reading the news about Singapore being unkind and ungracious with interest. There’s a lady reporter, being pregnant and feeling nauseous, wasn’t offered a seat when she took the MRT. Even our top politicians are remarking on that. I think that if you are in a restaurant, seated, and nobody comes up to you [...]

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Elderly folks getting bullish?

March 17, 2014 by La Papillion
I noticed that quite a number of elderly folks wanted to put their money to better use. They realised over time, that the miserable interest offered by banks are not keeping up with the general rise in prices. This had been going on for some time after all. Perhaps they heard stories where their friends, [...]

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To remember, you have to suffer every now and then

March 11, 2014 by La Papillion
People are funny; only when things that matters to them disappear, will they realise how much they lost. Recently, I had a very bad bout of flu. It’s so bad that I was quite immobilised for 2 days. On the 3rd and 4th day, I’ve no choice but to drag myself off bed and go [...]

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Accepted, applied and paid for Rights Units!

March 10, 2014 by La Papillion
Today I went to an ATM and exercised my rights units for AIMS AMP Capital Industrial Reits. I bought 6 lots, entitled to 1050 shares of rights units, applied 950 shares to round up my odd lots and also applied an additional amount for excess rights. All these rights entitled and applied are paid up [...]

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Rule 4: Living on last month’s income

March 3, 2014 by La Papillion
Had a pleasant surprise this March. When I opened my YNAB to do my monthly budgeting, I realised for the first time that I’m having a $0 for my budget from Mar instead of having a negative number. For those who don’t have YNAB, you might not realise how fulfilling this situation is. Since they [...]
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