Author: Mr And Mrs Budget

Of Guo Da Li & Stock Counters On Our Current Watch List!

Hello everyone! It has been a week since we published anything! Mr Budget was away from Singapore and was unable to publish anything. But hopefully we can still see some traffic coming in! So what’s new with Mr and Mrs Budget this past week? Over the weekend, we had our Guo Da Li (Betrothal) celebration, albeit a simple one! So early yesterday morning, Mr Budget brought over the wedding gifts and delivered them to Mrs Budget’s house. The event was a simple one, and the Guo Da Li consist of: the wedding candle38 pig trotter cans2 bottles of red...

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Frequent Portfolio Monitoring May Hurt Your Investing Acumen In The Long Run

Mr Budget came across an interesting study today and thought it might be interesting to all too.  According to the study, the more frequently you check on your investments, the worse it will likely seem they are performing. So the more frequently you monitor, the less likely you are to be investing correctly for the long term. Wow. So apparently, the logic goes: the more you look at your portfolio, the more likely you will see a loss since you last looked, and the more you perceive investing to be “risky”. This is a phenomenon known as myopic loss...

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Trades Executed: Frasers Logistics, APPT, Lendlease

Earlier today, Mr Budget executed three trades in his Singapore portfolio, and I thought to document down the various reasons why. Frasers Logistics And Industrial Trust First, Mr Budget sold off Frasers Logistics and Industrial Trust. Mr Budget holds a relatively small position in FLT and over the past one and a half year holding it, I recorded a 25% increase in gain including the dividend. As the position is small, the profits were less than S$1000.  FLT is a strong and stable counter, with properties mainly in Australia. Their financials looked ok and has been increasing steadily. However,...

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4 Important Financial Questions To Ask And Discuss With Your Partner

With the end of the year coming, Mr Budget tend to reflect towards what has happened over the year and see if there are any aspects in life which we can improve on.  Of course, it is still a bit early for that as we have 2 more months before the end of the year. But we thought it is important to sit down and discuss some of the more important things for Mrs Budget and myself, seeing that we were recently legally married and our wedding will be happening early next year. 1. How Do We Manage Our...

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October 2019 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 October, here’s what Mr Budget spent on. Meals $556.04 Transportation $85.00 Entertainment $198.00 Groceries / Home $778.8 Shopping / Cloths $61.00 Phone Bill $56.10 Insurance $1,635.16 Income Tax $103.05 Hair Cut $34.00...

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What Have We Done This Month Towards Our Financial Goals – October 2019

So October 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 BudgetPosition Added: Hong Kong Land, Centurion, AIMS AMP (SG Equity)Cut loss: Beyond Meat (US Equity) Mrs BudgetPosition Added: Lendlease (SG Equity)Take Profit: Facebook (US Equity) Basically adding on to dividend generating counters as well as cutting loss on non dividend generating counter, relating to what I have mentioned in my previous article. Related article: New Investing Rule – Only Invest In Dividend Paying Companies...

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New Investing Rule – Only Invest In Dividend Paying Companies

Mr Budget recently came across a thread on Quora which is quite interesting – What is the wisest financial advise you have heard from a rich person.  According to Mr Wonderful, one of the sharks of Shark Tank, he follows a few investing rules: If a company has no cash-flow, don’t invest! A company without cash-flow is valueless and nothing more than a speculation. Never buy a stock that doesn’t pay a dividend He adds on further by explaining his investing rule with proper stats: “Over the last 40 years, 71% of the stock market’s return came from dividends,...

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Will We Quit And Travel The World After We Hit Our Financial Goals?

Both Mrs Budget and myself counts ourselves as relatively lucky. As compared to most of our peers, we have the option to plan for our early retirement, and have the means to work towards that. We count ourselves lucky too as we are aligned in terms of how we view money, and our aspiration towards building a comfortable future together. For myself, being financially independent means that I will have the option to do meaningful work, work that I enjoy. For the Mrs, that means having an option to leave her current comfortable but mundane job and probably spend...

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We Found An Extremely Handy Website To Track Our Condo Value!

So today, by sheer luck, when I was discussing personal finance matters with a friend, he introduced me a new site that I have never heard of – SRX. And wow I was blown away by the features of the platform! Basically, SRX is a property portal under Singapore Press Holdings. With SRX, you can enter your property address and instantly get the estimated value of the property, along with other information such as property price over time, estimated rental as well as your rental yield. The data SRX pulls consist of sources industry sources such as ERA, Propnex,...

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