Investment that gives you 3k per month?

Bully The Bear - bboy_o10

This is a rare stock tip from bullythebears. I don't normally give tips, because it's too much responsibilities to bear, but this such a sure win that I can't help but share. This company gives about $1k to $10k per month as dividends. Sometimes more, sometimes less, but it had a track record of giving increasing amounts every year. Can't believe it? Well, it's your job! Let's take the average … [Read more...]

I’m a different person now

On Sunday I bought a new printer. It had automated duplex function (able to print 2 sides of the page without manually flipping the paper around), a scan function with OCR capabilities and able to copy and fax. The last time I bought a printer with somewhat similar capabilities was in 2011. The printer then cost me $299 and I remembered it's the costliest printer I had ever bought. I had to think … [Read more...]

Portfolios of the Poor

41ynug10.jpg

I am reading this book, titled "Portfolios of the Poor" by Collins et al. It's an interesting book because it studies the poor, defined broadly as those living with 2 USD per month or below, in a few continents like South Africa and India. We are talking about people who have irregular income, living in slum cities, plagued with various health issues and still have a family to support. They are … [Read more...]

Beware of the rug under your feet

I saw a newspaper article on Straits Times regarding JC students shunning geography as a A lvl subject here. These are the articles that represent one of my grave concerns with my career as a tutor. Major changes like these can make or break my livelihood, and it's very important for me to stay up to date. Imagine if I'm a pure geography tutor who specialises in this one and only subject. … [Read more...]

I paid off my car loan!

Last month, I just finished my paying off the loan for my pre-owned car. Before the cap for borrowing had been set by law, I've already put in 50% down payment for it, so the amount of money that I borrowed is relatively low. Still, it's a great relief to have paid off something and have no debts. Now, if only that car loan that I've just paid off is my housing loan, haha! Since I'm relatively … [Read more...]

We walk together but alone

On Wed, I met up with 2 financial bloggers. Though it's not the first time we met, the online conversation spilled over to face to face interaction and before long, we chatted for nearly 5 hours just like that. This is shorter than the 6 hours I spent a few months ago here. My wife would probably lament that 3 grown men can chat longer than 3 aunties lol! There's usually a lot more sharing of … [Read more...]

My Saizen arbitrage

Just received a circular for Saizen unit holders, telling us a lot of finalized details about the upcoming disposal of their entire portfolio to Trangle TMK. Of note here is the special distribution of $1.056 per unit to unit holders. I bought and sold a few rounds already, but after they made the announcement near Nov in 2015, I bought it again at $1.0938 (inclusive of comms), hoping to arbitrage … [Read more...]

Addictions

This post first appeared in Kungfu Cats Academy. I watched this TED talk recently by Johann Hari regarding Addiction. It's a good talk show, and it talks about how everything we knew about addiction is out-dated and wrong. In essence, addiction had been shown to be cured by introducing more social bonds to the addicts. If the addicts have something to look forward to, where they feel they are … [Read more...]

Normality is over-rated

This article here really tugs at my heart. I found myself always trying to unlearn the things that I've learnt in school, or from others, so that I can take in new information and assimilate them into my consciousness. The new illiterate are not those who cannot read, but those who cannot unlearn what they had learnt and thus adapt to ever changing circumstances. When I started my job as a … [Read more...]

Hacking the routine in my life

If you found me posting lesser and lesser, it's not because I'm discouraged by the bear attack recently. In fact, I'm busy buying away and watching my defense line to see if they need supports. Rather, I'm occupied with hacking my life's routine. On a whim, I decided to start waking up early one day. It started on a particularly slow Monday, where I felt that I was so unproductive that it … [Read more...]

Plan for 2016

After utilizing a portion of my warchest, it's time to wait for the kill for the remaining portion of my warchest. It's not easy to look at your portfolio and see it decimated week after week, but I think I took a depression and several years thereafter to get the lesson that the market is trying to teach me when I paid my tuition fees involuntarily. These are lessons that have to be taken … [Read more...]

The Greasy Panda crash of 2016

Bully The Bear - adult010

As I type out this post, STI is down another 47 points to 2650. Everyday you'll see the oil and gas sector, as well as the banks going down and down and down. For every bear, there's always a name attached to it. In my little group, we call this the greasy panda - greasy because it's oil related and panda because the last straw that broke the camel's back seems to start from China. For those … [Read more...]

Don’t get bullied by the bear

Bully The Bear - 9125_110

I was in Bangkok when the market went crashing through several levels of support to end up where it is right now. Even though I didn't spend a lot in my trip there, my 'online purchase' is of several magnitudes more than my wife's physical shopping. I had queued for several blue chips and the order got fulfilled one by one. We know this is a bear territory because for many counters, we're in … [Read more...]

The chains of Habits

The chains of habit is too light to be felt, until it's too heavy to be broken. Habits can be both good and bad. Here, let's focus on the good ones. If you want to start a new habit, research says you need at least xx days to form it. 'xx' can be anything from 21 days, or 49 days (7 weeks), to 66 days. I think it doesn't matter how many days, but the point is that you must do it consecutively, … [Read more...]

Circle of life

I noticed that with each Christmas that passes me by, it seems that my life gets simpler and simpler. I remember that in my younger days, I would go out to party with friends. Nothing wild, just going to Orchard for the countdown - you know, that sort of thing. Countdown parties seems like the craze for me back then. It's not that Christmas is particularly important for me, maybe it's just an … [Read more...]

A little a day goes a long way; A lot goes a longer way

Savings more or earning more is the way forward? Some say it's savings more, some say it's earning more and some say both are important. To me, I think the sequence is more important. I think if you're having a fixed pay where your income is fixed, then there's nothing else you can do to increase it. If you want to save more, then you have to cut your spending. The savings equation is very … [Read more...]

The year 2015 in terms of books read

Year 2015 is like any other year in terms of my book challenge. I completed my 52 books challenge for 2015 with some more weeks to spare! I find that this year, the quality of the books I read are fantastic. There's a lot more breadth and also a lot more depth. I started reading up books on spiritual growth too, so I think that's a genre that I can always do more in depth. As usual, I'll put up a … [Read more...]

Digging deeper into ROE

Look at this company's ROE below: FY 2011  -- ROE 72.6% FY 2012 --  ROE 47.7% FY 2013 --  ROE 33.7% FY 2014 --  ROE 25.6% The ROE (return over equities) keeps falling from the 70+% range towards the current 25% range, but it's still pretty high. Would you say something is wrong? If so, what went wrong? It's important at this stage to break up the ROE into parts. It's called Dupont … [Read more...]

ARA rights are out

ARA right shares results are out. It might not be out officially, but I saw the amount of refund from my bank account and deduced the amount of rights shares that I got it. To double confirm, I will have to check my CDP account to see that the shares are physically transferred into the account. Either way, I'll receive a snail mail from them to inform me of the rights results. ARA had been … [Read more...]

How to make CPF contributions as a self employed?

I seldom talk about CPF, because I'm a self employed. It's a little different for me. When I want to find out more about it, there's not a lot of information out there that curate and collate all the info that I want. Hence I put up this article about CPF especially for self employed. The details are still relevant, perhaps the figures need to be updated from time to time, but those are easy to … [Read more...]