Author: My journey to financial freedom

2017 Portfolio Updates

Finally! The last day of SGX was yesterday and I have my stats ready from StocksCafe on my portfolio performance. Now, it is my greatest pleasure to announce that my portfolio has beaten the market, but only by a small margin. If you’ve been following my previous portfolio updates, you would have known that I had reported in my November updates that my time weighted returns were 13.66%. Well that number has increased to 14.56% over the past month. However, I have to apologize to anyone who thought that I was an awesome investor because these numbers do not reflect...

Read More

4 Lessons (and Quotes) About My Investment Journey – 2017 Edition

It has been more than two weeks since I last posted an entry. Apologies for anyone who has been waiting – it has been a long week for me and I couldn’t spare extra time to blog since I have a lot of back log to clear at work. Always so much to deliver, but with limited time on my hands. As the end of 2017 draws to a close, I have started seeing other finance bloggers posting about their portfolio performance and how their investment journey has been. The market this year has been doing so well, and...

Read More

What Impresses Me The Most Is…

… not how much you earn, but how much you save. …not saving $10,000 yearly with an annual income of $100,000, but saving $10,000 with an annual income of $20,000. …not how much money you have in your portfolio, but your time-weighted returns against the performance of the market. …not the numbers in your bank account, but what you have done to multiple those numbers. …not by the car you drive or the house you live in, but how contented you can be while having less. …having to stop working by choice, and not because you can’t afford to....

Read More

November 2017 – Portfolio Updates

Since October, the STI ETF has increase 1.85% in performance. Similarly, my time weighted returns have increased by 2.33% to 13.66%, since G3B holds around 25% of my portfolio. I don’t know if it’s because of the bull market, but Keong Hong and Tat Seng Packaging are slowly revealing their intrinsic value, with both stocks rising very much in the past month as compared to my other REITs holding and ComfortDelgro. The returns are 23.42% and 9.73% respectively, and they rose much faster than I’ve expected them to, considering that I was prepared to hold them for a much...

Read More

Inspiring 26-year-old reader: It’s not important on how much we are given/have. But how we utilize our resources no matter how little, that is far more important.

Earlier this week, I received an email from a reader. This 26-year-old’s story is inspiring, and also led me to contemplate on my own life goals. I sought his permission to share his story here and believe that it would benefit other readers, both long time and new. Hello Ms Niao, I stumbled onto your blog when I was researching ILPs few days ago, after having been proposed the policy. I decided against that ILP, since it does not fit into my long-term goals. I have been reading your (engaging & light-hearted) financial journey from start to current. I’m impressed...

Read More

Property V.S. Stocks – Which has better returns?

As a millennial living with almost every one that I know trying to keep up with the Joneses, it’s not surprising to see some of my friends spending a hell lot to get their first home. The concept is drilled into their heads that property is 99.9999% of the time the best investment that they can make in their entire lives. In fact, the price that they are willing to pay is sometimes something that my alter ego of Miss Niao will never approve of. With the hefty loan that they have to take, after wiping off all their...

Read More

Comprehensive Breakdown to Insurance Plans – FREE spreadsheet!

READ THIS BEFORE INVESTING WITH INSURANCE PLANS! I am not sure if it’s coincidental or not, but recently I have been receiving quite a few requests from my readers and friends for evaluation of their insurance plans. Some of them were directed from the story of my ILP which was posted on HWZ, while others chanced upon my blog. Perhaps it was because of the spreadsheets that I have uploaded. I have reviewed the spreadsheets but there isn’t one that can help to calculated exactly how much your returns would be with insurance plans. To my surprise, there are...

Read More

October 2017 – Portfolio Updates

This post is way overdue, but still needed nonetheless. October was a decent month for both BF and my portfolio performances, and I am quite pleased with it, although not complacent. At the end of October, my time-weighted returns have reached 11.33% with an XIRR of 18.09%. Although the STI’s performance to date has been +17.12%, I only got vested in May. Therefore, it would be more accurate to compare my results with the STI as to how much it has increased since then, instead of January. Using the STI ETF as my yardstick, I have managed to gain...

Read More

How To Be Lucky In Life (and Create Your Own Luck)

I don’t meet new people everyday, but when I do, this is what happens. Conversation between me and new dude: Me: Okay, nice meeting you! Hope to see you soon. New Dude: Same to you! *wide smile* After 10 minutes, I get a Whatsapp message from you-know-who… New Dude: Hey, I can’t help put my finger on it but you remind me of an article that I’ve read recently. Me: Ah, really? What is it? New Dude: http://www.huffingtonpost.com/melissa-chu/why-are-some-people-lucki_b_12458558.html New Dude: You are exactly the lucky type of person that this article is talking about. (Y) Me: *reads article* Haha,...

Read More

Women Are Better Prepared for Retirement

Image Source: https://www.cnbc.com I was randomly scrolling through the CPF website yesterday and found something very interesting. They have recently performed a Trend Analysis of CPF members’ Balances based on Gender, and they did a comparison between the CPF balances of males and females and how the workforce has changed since 2006 till 2016. If you look at modern society right now, it is not uncommon to find a dual-income household. Gone were the days of stereotypes when the man is assumed to be the sole breadwinner of the family and the woman has to cook and clean. While this kind...

Read More

Why Setting a Budget is Silly – Here’s a Better Way to Save Money

If you were to ask anyone what’s the best way to save money, it is quite inevitable that the conversation will somehow lead to the word “budget”. What does budgeting really mean anyway? In my definition, it is to place certain boundaries around different portions of your paycheck to know where the money is all going to. And if you cross those boundaries, it means that you haven’t been disciplined enough to have done what should be best for you. Imagine yourself going on a diet. A typical diet plan would go like this: You try to restrict yourself...

Read More

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...

Read More

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...

Read More

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...

Read More

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...

Read More

Like us on Facebook

Follow us on Twitter