How much do you need to buy a resale flat in Singapore?

So you have been dating for some time with your other half, and would like to get married. Most of your friends around you have gone for a BTO flat but you don't want to wait that long. Somehow, you ponder and think about getting a resale flat, but you are unsure whether you have enough. Many people like you have the same question. That's why this post was written, to shed more light on how … [Read more...]

Getting things done – the art of stress-free productivity


Getting Things Done, by David Allen talks about how you can declutter your life, and stay on top of your tasks. Be it at work or in your personal life, this book will help you get organised and on task. The book is divided into three parts. What is the system? How to use the system (with examples)? What you will achieve using the system What is the system The system can practically … [Read more...]

Running lean – a systematic process for iterating your web application from Plan A to a plan that works


This is a book by Ash Maurya, which talks about how to find and create a product that the market wants. The book is split into three major parts: product/ solution fit, product/ launch fit, and product/ market fit. This is also the book about the Lean Canvas, a modification of the Business Model Canvas by Alex Osterwalder. Product/ solution fit The first part of the book talks about the ways … [Read more...]

Here is why you need and how you can invest


This blog post is for you, to convince someone why and how they need to start investing. Regardless of the person being your children, spouse, or parents, I wish for this post to be useful to you and to them. And, I will keep this post updated and add more research once I have them. Content that will be covered in this post include: Inflation Index investing Long run … [Read more...]

Venture deals – be smarter than your lawyer and venture capitalist


My friend asked me to read this book in order to understand how the VC industry works. I must say, I wasn't disappointed with the quality and quantity of content put forth by Brad Feld and Jason Mendelson, who are a VC and a VC lawyer respectively. Venture Deals is segmented into two parts: explaining the term sheet, and other things to take note of. The term sheet refers to a non-binding … [Read more...]

Is this a way to beat the market? A surprise and a lesson learnt


I was looking for some ways backed by research to pick stocks that beat the market. Somehow, I navigated to my portfolio on Google Finance, and I got a surprise in one of the tests I started. Only take note for the first two stocks: Datalink Corporation and CDI Corp. The other 3 stocks were newly "bought" yesterday. For Datalink and CDI, I bought the stocks on 27 November 2015, and I was … [Read more...]

This valuation methodology will work for any stock and company

Everyone values companies and stocks differently yet investment analysts are able to come up with a fair price roughly similar to each other. There must be a framework they use which we do not know of. You will learn about this methodology being taught in my Valuation module. As mine is a Accountancy degree, the Valuation module is more specific and involves accounting adjustments. More … [Read more...]

Purple cow – transform your business by being remarkable

Other than the 4Ps of Marketing, now we have another P - Purple Cow. I picked up this book last week, but stopped it halfway to read another book - talking to humans. Finished it today, which took me around 5 days. Overall, it's a very light reading. This book is about Marketing, and how do you design, create, market, or promote your product or service in a way that is so remarkable that … [Read more...]

Why the CPF is bad for you

In September last year, Deputy Prime Minister Tharman Shanmugaratnam said that "over the last 10 years, more than 80 per cent of those who invested through the scheme would have been better off leaving their money in the CPF Ordinary Account". I have written a post about it: here. The Ordinary Account provides returns of 2.5% for amounts above $20,000. 45% of investors lost money through the … [Read more...]

Book review: Talking to humans


This book is about entrepreneurship, and more especially, about what you should do before starting your business. It originated from a blog post, which received many comments and shares, and thereafter the author, Giff Constable, made it into a book. It is listed at 88 pages on Amazon. It is almost a required reading for many entrepreneurship courses in universities, and highly recommended by … [Read more...]

Book review: So good they can’t ignore you


I picked up this work on the 2 Jan this year and finished it yesterday, 10 Jan. On Amazon, this book is listed at 267 pages. I is the (non-affiliated) link from Amazon: here. Without further ado, let's quickly skim the main points of the book. So good they can't ignore you: why skills trump passion in the quest for work you love The author segments the book into 4 rules and allocates a … [Read more...]

Reading goal and book review

After reading this post by LP and how he set a reading goal of 1 book a week, I was inspired. I don't think I can read that much as I have work on weekdays and sometimes on weekends as well, but I have a Kindle and I will read as much as possible when I am commuting to and fro places. How do you set a goal that will keep you motivated throughout a long period of time, such as a year? I guess … [Read more...]

Introducing the Envelopes system to manage your entire financial life


The Envelopes system long existed (my grandmother was already using it) but it was Dave Ramsey who popularised it. It works on a very simple concept: every dollar you have must serve a purpose. Let me explain how this can help you manage your finances (without the need of a financial advisor, of course). How does the Envelope system work? Every dollar you have must have a purpose. Take your … [Read more...]

Why you should not invest in the STI

Assume there are only two stocks in the world, Stock A and Stock B from Company A and B respectively. Company A is big, owning 90% of the workd's output, while Company B owns the other 10%. If you were to invest into each company, would you: (a) buy Stock A only, (b) buy stock B only, (c) buy both stocks in the proportion of 90-10, or (d) buy both stocks in equal weightage? Different types … [Read more...]

How will this decile of low P/E stocks perform?

Many research has been done on how low P/E stocks consistently outperform the market over the long run. For instance, Roger Ibbotson, in his Decile Portfolios of the New York Stock Exchange, 1967 - 1984 Working paper, sorted all stocks according to the Price/Earnings ratios into deciles. He then tracked the returns of each decile over an 18-year period. What he found out was that the lowest … [Read more...]

The simplest (and probably most proper) way to passive investing

Forget about thinking about how best to structure your portfolio of ETFs. The truth is, buying ETFs does not mean that you are investing passively. If you have heard of the sector rotation theory, you would probably know that people are investing into sector ETFs at different times of the year. What passive investing is meant to be In the true spirit of passive investing, you should be … [Read more...]

Backtesting the value-cost averaging strategy on 10 years worth of STI data

Previously, I had written a post on what value-cost averaging is and how it can be another viable alternative to dollar-cost averaging. In this post, I want to backtest this strategy against 10 years of STI data. Value-cost averaging? In dollar-cost averaging, we invest a fixed amount of money into the stock market each period, purchasing variable units of the investment. In value-cost … [Read more...]

1 important takeaway from the Nikkei story


Some people make it seem as though index investing is the holy grail of investing Is index investing the easiest way to invest? Many experts, including Warren Buffett, agree. Investing into an index comprising of one's own country's equities seems like a sure bet to invest well. But what if, you have to be a Japanese and invested in the Nikkei since 30 years ago? But it could well have … [Read more...]

How I made 130% returns from this one stock


Familiar headline? The headline was made to entice people to click. For many other websites, after users click, they get sold to a product, and then part with their hard earned money. How often do we see headlines such as this? Taken from:¬† After visitors get hooked, they go on to put a disclaimer … [Read more...]

Why the currency of your investments does not matter

Let's start with a simple example Say there are two ETFs which are perfectly identical in their holdings, cost, dividends, and thus returns. However, they differ only in the currency they are traded in. In this regard, would buying them give us the same return, or a different return? The short answer is that the returns will be exactly the same. Let's use a simple scenario whereby one ETF is … [Read more...]