Author: My journey to financial freedom

Financial Literacy Starts From Home

My parents aren’t exactly the brightest bunch when it comes to their finances. I certainly was not born with a silver spoon in my mouth, and they did the best that they could to bring me and my brother up with whatever that they could afford while surviving from paycheck to paycheck. This includes being able to provide for my education up till my degree. I can’t express how much gratitude I have to them for allowing me to graduate debt-free. With just a few more years left until the end of their housing loan of 30 years, both...

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The Power of The No Spend Day

After a long hiatus of 7 years, I have decided to devote myself to tracking my expenses again for September with the newly updated application, Expense Manager. It is now made more robust with added features. It even included visually appealing graphs to show the allocation of my expenses to different categories and their percentages! There is also this feature on Expenses Manager which I love the most – setting a monthly budget. You could even go one step further to set different budgets for different categories. It would also tell you how much money you are left with...

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Stocking up on Tat Seng Packaging and its inventory

I am now a tiny “business owner” of carton boxes. My new love! I did not find much information about Tat Seng Packaging on the WWW, except for its most recent annual report released for FY2016. Even its Investor Relations website has only been last updated in 2015. But I wasn’t worried, because their business model is very straight forward and simple to understand – they produce all types of cardboard/corrugated boxes. I mentioned the three reasons why I bought the company’s shares and I quote it here again. Strong balance sheets, very little debt and decent dividend yield I wouldn’t...

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September 2017 – Portfolio Updates

September was an interesting month for my portfolio. I experienced a few firsts, and I have got to say that being new in investing helps with being more cautious and less complacent about my decisions. For the first time, I have experienced a 2-digit percentage point drop in my position with ComfortDelgro stock and learned how to deal with seeing red in my portfolio. I’ve learned how the public is efficient to news and how they react to it, and how news is also insanely efficient in delivering it to the public. I’ve also started to see CDG’s stock...

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Being A Millionaire Is Just 11 Steps Away – The Doubling Game

If you were to work for 50 years of your life and then consolidate all your earnings in your entire life just to see if you’ll be able to earn a million dollars, you would be able to achieve it with an average income of $20,000 per year, even without investing. As you can see, that is an easy sum to achieve with an annual income of $40,000 if you save 50% of your pay. In fact, you might already know a millionaire in your social circle. Man, I wouldn’t even be surprised if you are already one yourself....

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The red in my portfolio – Comfortdelgro down 15.45%

I have blogged quite a few posts about my buy in to ComfortDelgro (CDG) and why I thought it was a good buy. albeit being overvalued when I calculated the company’s actual intrinsic value. Today, I would have to eat my words. And it is indeed because I chose to pay a premium for the stock in the beginning at $2.33. As of the closing price since Friday, the price dropped further by 15.45% from my buying price to $1.975, and thus has significantly affected my portfolio returns, although overall returns still remain green. This is also the first time...

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The problem with reading investment books – 401(k) plan

I have a big problem when it comes to reading investment books. More often than not, the books are written by authors from the USA and many of them include the option of using the 401(k) as a tool to improve their finances, as like what a typical Singaporean would do with her CPF system. It is such a pain because I don’t know what are the actual benefits of the 401(k) and the limitations of it. I also can’t relate to the tips that the books are trying to convey no matter how many times I read it,...

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Investing your CPF money, really?

There was a period of time earlier this year that I contemplated on using my CPF money to invest. I sought some advice from my financial adviser back then on how the process is like and what options were available. The idea of using money that has to be locked away for a long, long time and not having to consider much “risk” with using cash on hand was a tantalizing thought indeed. But the idea didn’t last long with me. If you’re not that familiar with how you can use your CPF money to invest, here’s a quick...

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Miss Niao is an “Investment Blogger”

So that’s what I’m supposed to call myself. :p I’ve been receiving tons of traffic these couple of days. Mainly because Miss Niao is finally, finally indexed on TheFinance.sg (Thanks Derek!). Seedly has also published their featured post on Miss Niao two days ago. If you happened to originate from any of those sites, thank you very much for dropping by! I try to be as interesting as I can for all of you and I hope that whatever I am doing is working. Anyway, if you did read the featured post, it is actually quite amusing to me. Firstly,...

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How it feels like to date someone frugal

If you ever had a chance to ask my BF about how it’s like to date me, I’m pretty sure that the first thing he’ll comment on would be my spending habits. Dating me also means having to consider the price of almost everything – from trivial items like food, dating activities to bigger ticket items like household equipment… Well, you get the gist. He doesn’t mention it very often but I think he gets ticked off sometimes. I mean honestly, I would to if I were to be in his shoes. But he knows the story behind my spending...

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