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...]

The highlight meeting of the year

I do meet bloggers from time to time, and this is one of the perks of having a blog. No, it's not just about the ad dollars or the good comments you might receive on a post well written. Because if it is about that, then I would have long given up on blogging since there are times I have neither. It's about the little things. And on Monday, I happened to meet up with two bloggers at the same … [Read more...]

Year 2015 is a Challenging year

The year 2015 is closing soon. This had been a rather 'challenging' year for me because I issued a lot of personal challenges to experience growth in as many areas as possible. I think for me, it's important to be a better person this year than the last, and I try hard to do that as well. Here are 4 major challenges that I threw on myself: 1. Career challenge 2. Body challenge 3. Mind … [Read more...]

Short term goals for my long term plans (Update:2015)

Exactly last year, I posted this article titled "Short term goals for my long term plan". I think it's great that facebook memories reminded me of it - it's a great feature. It's time to update that goal and see what I've done and what I still need to do. This is for last year 12th Dec 2014: Invested in market: $75,000 Investible cash: $70,000 Total capital so far: $145,000 Capital … [Read more...]

Putting all your eggs in one basket

Bully The Bear - basket10

There are employment benefits like discounted share options for people working in listed companies. I think it's a great option to buy such discounted shares since they do add up to a substantively, especially when there's not a lot of restrictions on selling. The point is that if you offer employee shares of the company they are working in, they will be more aligned to perform better since they … [Read more...]

Networth updated!

Okay, it's time to do an update on my networth position. Seems like my click bait-ish post last year titled I've Zero networth is picked up in fb and started a few posts by other bloggers like BIGfatpurse and The Turtle Investor. They said it's controversial, haha and I agree that it is so. I think it's because of the way I calculate networth seems like I'm self flagellating myself and deriving … [Read more...]

The New Bees and The Veteran

The new bees sat in the auditorium, eagerly awaiting the arrival of the trainer. They had been waiting for weeks for this combat course conducted by The Veteran. This is among a series of training seminars organised by The Queen for the orientation of new bees in the hive. The Veteran is an ex soldier bee and her reputation far precedes her. During the 2008 great bear attack, where an … [Read more...]

To be carefree with money

molesk10

These days I'm more carefree with money. To others, it might not be a good thing, but for me, I think it's good progression towards the kind of person I want to be. When I was younger, I'm a lot tighter with money. I guess the circumstances necessarily force one to become like that, so as to survive. Hence, to be able to become financially free, that is, to be free from thinking about money, I … [Read more...]

Free lance tutoring as a business – Part 3

Cash flow. This business is all about cash flow. In fact, shall I say all business is about cash flow? You can boost about how high your revenue growth is, but without actual cash flowing into your coffers, the revenue you noted down might not be translated to actual money. And we have to pay our bills with money, not with revenue. Here's a few key issues to think about: 1. Variability of … [Read more...]

The Lesson from the Death of an Ant

Recently, I made acquaintance with a long time student of mine that I taught way back in 2006. He had since become a private tutor like me. Back then he was a chubby kid who is bright and always very inquisitive. I met him up this year for lunch and we kept in contact ever since. He’ll sometimes text me to ask for my feedback and advice on stuff related to students and work in general. All in all, … [Read more...]

Free lance tutoring as a business – Part 2

Revenue is not the main thing we should be looking at. Afterall, not all the revenue you earned is going all into your pockets because there is cost involved. Revenue, after all the costs had been deducted, becomes the profit. And that's what we're looking at in this post. I like to see myself as a company. What I earned for a living is my revenue, while all that I spend are the cost of earning … [Read more...]

Free lance tutoring as a business – Part 1

The more I understand how to valuate a business as an investor, the more clearly I can see what makes a good company from a bad. I think some of these skills can be applied to myself since you can say I'm also doing a business as a self employed, being a full time tutor for about 10 years. I'm not a business owner in the sense that there is a system where I can hire people without me having to … [Read more...]

What will you grab before your house burns down?

Bully The Bear - f91f1e10

What will you grab from your home if you have 2 minutes before your whole house gets burned down? I watched this interesting clip on Youtube, called Tiny House Nation. It's a sneak preview of this particular episode 5 in season 1, where a couple had their house burned down to ashes. The husband was away but the wife was at home when it happened. When she realised that the fire cannot be put … [Read more...]

Not YOLO, it’s YOLLO.

BULLy the BEAR - 11887210

I was reading 15HWW post on Hedging against a Short life. It's a great article and a good defence against those YOLO people who argued that because WOLO (we live only once), we should spend our money without care and worry. I think philosophically, it's a good idea, but it fails on the execution part. I think the key point is that we should spend on things that matters to us, not necessarily … [Read more...]

Compound effect of our choices

Compound interest doesn't only work on money. It works on everything that we choose to do, which includes all the good choices and the bad choices. Compounding works on this equation: Taken from WikiHow link here. Not all the decisions that we make have the same interest rate. Some decisions are trivial and these compound at a lower interest rate. Yet other decisions are … [Read more...]

Croesus rights allocation is out

A quick update before I start work. The rights allocation for Croesus is out. I haven't got the refund of money yet in my bank account and to check how many rights you're allocated, just go to CDP site here, log in (hopefully you've got all the password and token access) and check how many rights you have. I have 10,000 shares of Croesus and I have 13,100, so I know my entitled amount is … [Read more...]

Saizen reit – the strange beast

This is a strange beast. You would have expected that because there's a stated acquisition price of $1.172, the price of Saizen reit would have traded closer to that price as arbitrators close in to profit from it. But the price jumped to 1.09 from 0.925/0.930 expectedly, then went to a high of 1.14, before lingering around the 1.10/1.12 range and closing at 1.10 for Monday. If you buy in at … [Read more...]

Real investor (in pref shares), real returns!

Real investors, real returns! I had the honour of handling my parent's retirement portfolio, otherwise known as LP bond fund 1, 2 and 3, starting from around 2013 to the most recent early 2015. In it, I bought several lots of preference shares by OCBC. It's the perp that I blogged about earlier here, paying a coupon yield of 4.2% pa and they are going to be redeemed soon in 2nd December … [Read more...]

Enjoying the present – Good buy or goodbye?

Not talking about bonds or ipo or stocks today. I'm not just an engineer, I'm also a poet and an artist and a philosopher. Let's talk about life. Everyday, I wake up, have breakfast then go to work. While working, I think of lunch and what to eat. After lunch, I go back to work again. In the meantime, I look forward to the end of the work day, where I go home and have dinner. After that, I … [Read more...]