Author: Mr And Mrs Budget

Geopolitical Risk In Malaysia Is Seriously Scaring Investors Away

So one of the biggest thing that happened earlier today was that, Malaysia’s prime minister has just announced that he will be resigning as the prime minister of Malaysia. The motives aside, the stock market of Malaysia reacted and fell to its 5 years low, the index fell below 1500 points for the first time in 5 years. One of the things I mentioned to my friends in Malaysia is that, the Malaysian stock market confuses me. It seems that the market is driven not by company fundamentals, but rather driven more by geopolitical movements.  As investors, I think...

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The Dreaded And Expensive Valentine’s Day Is Around The Corner – Here’s Mr Budget’s Plan

The annual dreaded Valentine’s Day is just around the corner. Thanks to the great marketing of Valentine’s Day, we are mostly accustomed to giving or doing something for our other half during Valentine’s Day as our way of showing love. Throughout last week, Mr Budget was mostly stressed out thinking about what to buy or do for Mrs Budget in order to maintain our peaceful relationship (HAHA!). So I turned to Google to see if there are any interesting restaurants or things to do this Valentine’s Day. And what I found out gave me a mini heart attack! What...

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Lessons From My Historical Trades – Keep Calm And Keep Holding On To Get >100% Returns

One of the recent discussions I had with Mrs Budget was that, I should have held on to some of the stocks I bought when I started investing back in mid 2017.  Back then, Mr Budget started off by looking at US equities. Some of the popular counters which I was looking at include NVIDIA, AMD, Micron, PayPal, Amazon, Adobe and more. These are counters that I am familiar with as I see them everywhere. Obviously, these are all high growth stocks and their price were increasing every single day. When I first started to invest, I was a...

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Does It Matter If The Girl Earns More Than The Guy In A Relationship?

Recently, Mr Budget came across a discussion thread on Facebook which piqued my interest. The question goes: Does it matter if you’re the girl and your starting salary is already $1000 more than what your partner is drawing and he’s been working for a year already since he graduated from uni? Would it be a potential issue in future where you’ll start to draw a lot more than he does? As much as I am not a lady, I understand why the person would feel that way, after all, who doesn’t want to have the sense of security provided...

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January 2020 Monthly Expenses Update

At the end of every month, Mrs Budget and I will reconcile our monthly expenses and see what are we spending on, and where we can optimise or cut down our expenses. We subscribe to the believe that every penny saved is a penny earned – sometimes its easier to save S$100, than to earn S$100, both of which results in the same net worth increase. In January, here’s what Mr Budget spent on. ExpensesJanuaryMeals$318.56Transportation $65.00Entertainment$176.20Groceries / Home$121.82Shopping / Cloths$382.53Phone Bill$56.10Income Tax$103.05Hair Cut$34.00Digital Subs$30.56Malaysia Mortgage 1$877.73Malaysia Mortgage 2$366.51Singapore Mortgage$1,231.80Travel$1,819.94CPF Top Up$7,000.00Wedding Expenses$4,855.54 My total expenses for January ended up to...

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What We Think About The Wuhan Virus And The Stock Counters We Are Looking At

It seems like the talk of the town is the Wuhan virus. Our social media news feed is full of updates of the virus, be it an increase of new local cases in Singapore, or people overseas succumbing to the virus.  We came across a great video explaining the virus and we highly recommend everyone spending 5 minutes to understand more about how the virus work and how worried we should be. How Worried Are You? To be honest, both Mrs Budget and myself we are not too concerned about the virus yet. While there seemed to be new...

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A Look At Syfe’s New Robo-REIT+ Portfolio

Recently, Singapore’s Roboadvisor Syfe has just announced the launch of their new real estate portfolio. As the name suggest, with the new Syfe REIT+, you get to invest in a basket of REITs in Singapore. The portfolio also combines Singapore listed REITs and Singapore Government Bonds and rebalances both the composition based on market sentiments. For example, during good market condition, Syfe will auto rebalance the portfolio such that there is a higher proportion of REIT and a lower proportion of bond. Here’s a look at the composition breakdown:  At first glance, the Syfe REIT+ portfolio looks really enticing! With...

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The Dangerous When-Then Trap That We Never Knew We Might Be Caught In

Recently Mr Budget came across an article and some pointers which is worth sharing – there is this trap called the When – Then Trap, which most of us are prone to fall into. Basically, most of us might think that when we achieve something, only then will we do what we always wanted to do. For example in our lives, some classic examples of the when-then trap: When I hit S$1,000,000, then I will be happy. When I get this new job, then I will spend more time with my family.When I hit 80kg, then I will start eating...

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What Have We Done This Month Towards Our Financial Goals – January 2020

So January has came and gone now. While everyone else is doing a monthly portfolio update, we thought it is more meaningful to document what we have done this month towards our financial goals. Mr Budget Position Added: MNACT, Syfe, CPF SA Take Profit: N/A Mrs Budget Position Added: N/A Take Profit: N/A Here’s a graphical representation of what we have done this month towards our financial goals: Earlier this month prior to the Wuhan virus outbreak, Mr Budget initiated a position on Mapletree NAC Trust as the Hong Kong protest seems to be recovering, and the trust price...

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Syfe Portfolio Update – January 2020

Frequent followers of Mr and Mrs Budget will know that Mr Budget had started a regular savings plan with Syfe, a relatively new roboadvisor in Singapore.  The main reason why Mr Budget decided to go for Roboadvisor is because he is looking for a more affordable way to invest in multiple baskets of ETFs to get more diversification. Another reason is that, Mr Budget views roboadvisors as the professionally managed portion of his portfolio since he does not have any financial advisor. As Roboadvisor firms have professionals looking at the funds daily, I’d think the results won’t be that...

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Of Wuhan Virus, Syfe’s New Real Estate Portfolio, And CPF.

Hi guys, Mr and Mrs Budget has been away last week for our honeymoon, hence the lack of articles. But we are now back with our regular scheduling.  The biggest news this past week is definitely the Wuhan virus which has gotten many people worried. The Mrs and I are equally worried too and we are one of the many kiasi-s who have started wearing our mask when we take the public transportation.  Of course, the virus have spooked the market too, with our portfolio registering a 3% decrease in one day yesterday! They dropped as fast as they...

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We Care Less About CPF Life’s Rate Of Return, More As A “Forced Savings” For The Compound Interest

Recently Mr Budget received a comment from a reader (thank you! We love reading them!) commenting on the CPF scheme. Ronald shared his views that I should do a calculation on the CPF Life annuity scheme to see if it is a fair deal before committing so much into CPF, after all CPF contribution is a one way street – once you put in the money, you can only see it more than 25 years later. That prompted Mr Budget to do some digging.  Many in the financial space will be familiar with Kyith’s work from Investment Moats, and...

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More Intentional Living In 2020

Last night, I was having a chat with Mrs Budget before we go to bed. I told her that in 2020, we need to have more intentional living, otherwise, another year will pass and we will waste another year again. I think this is timely because we are still at the start of the year and it is probably a good time to set certain goals for the year, and even if we don’t achieve most of them, we will still achieve something. So for 2020, other than personal finance related goals, I told Mrs Budget that we should...

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Baby Steps For Our Retirement Planning – Regular Top Up Of Our CPF Special Account

One of the many stuffs that Mr and Mrs Budget set out to do this year is to top up our Special Account via the Retirement Sum Topping Up Scheme. With the receipts from the wedding angpaos recently, Mr Budget has used the receipts and went ahead to top up S$7,000 to his Special Account. The reason why I do it earlier in the year is to allow the compounding effect to start earlier this year in order to enjoy the interest rate by end of 2020. Of course, we also stand to claim a personal tax relief of...

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The Best Personal Finance Decision Mr Budget Made In 2019 – Expenses Tracking

Regular followers of Mr and Mrs Budget will know that we track our expenses monthly. We have been publishing our monthly expenses since the start of this publication and if you have missed it, here’s our expenses for October, November, and December. Many might find that tracking expenses is a tedious thing to do, especially you need to log down every single transaction that you spend on a daily basis. Mr Budget, like many many Singaporeans or Malaysians trying to sort out his life, tried to start tracking his finances long time ago, and always failed to keep to...

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