Happy Labour Day 2015!


It appears that my posts are coming now at quarterly or less frequent intervals. That is partly due to my waning interest in blogging on a regular basis as there are other outlets for me in my career to engage in writing articles related to work activities. For instance, I publish an in-house newsletter in my organisation sharing about my team’s activities. At the same time, one’s interests … [Read more...]

Happy New Year 2015

It has been half a year since my previous post and 2014 was a decent year with regards to my investment returns. Despite being about 61% invested in 39% in cash and cash equivalents, I managed to generate a return of around 3.12% for the year. This is not huge but still beats returns on time deposits. The interesting thing I note is that the bulk of my returns came from dividends, followed by … [Read more...]

July 2014

We are past half of 2014 and it has been a while since I last updated this blog. As I grow less hair, my body is now more susceptible to wear and tear. Last month, when I was on a business trip, I pulled by posterior cruciate ligament i.e. the ligament behind my knee while lifting up a heavy luggage bag at an awkward angle. That took me some time to recover before I strained the ligament again … [Read more...]

May 2014

It’s been quite some time since my blog post and we are coming to the middle of the year! Looking back, my net worth has moved northwards mainly due to savings from earned income. In terms of investments, am still not fully invested in the markets and am still around 60% in equities and fixed income (Singapore Government Securities and Corporate Bonds) with 40% in cash and cash … [Read more...]

1st Quarter 2014

It is already the first quarter of calendar year 2014 or last quarter of the financial year 2013-2014 (assuming it is a 31 March 2014 year-end). My last blog post was somewhere around Christmas 2014 / New Year 2014 period. Life is moving quickly these days as my daughter celebrated her 6 years recently. Less than 1 year and she will be in the school system. It amazes me how fast she grows. The … [Read more...]

Merry Christmas 2013 and a Happy New Year 2014

Santa Claus Hat With Red Christmas Gift Box Stock Photo By cescassawin I would like to wish one and all a Merry Christmas 2013 and a Happy New Year 2014! I have stopped regular updates to this blog partly because I feel less of the need to share about my journey towards financial freedom. In terms of passive income, over these last few years, I have learnt more about what it is and how to go about … [Read more...]

September 2013 Update

It’s been almost a month since my previous update. It’s currently the September school holidays and I’ve taken leave to spend some time with the family. My portfolio is mixed as my equity is all right although my Singapore Government Securities took quite a beating. I bought near par and if I sell now I will suffer paper losses of about 10-12%. The good thing is I invested in the bonds for … [Read more...]

Lost in Time

I just realised that my previous blog post was in May 2013! I guess my passion for writing about financial freedom has waned considerably even though I am still active on this journey towards financial freedom. Writing this blog has been helpful and in fact I discovered that writing out one’s thoughts and feelings about a subject one is passionate about is a good way to clarify one’s thoughts … [Read more...]

Liquid Assets as at 17 May 2013

I have increased my bond holdings in 30 year Singapore Government Securities recently. Still have about 1/3 of my investible assets in cash and cash equivalents. Equities prices have run up quite a fair bit and we are seeing the equity market at five year high levels. Friends who are fundamental investors think a lot of the blue chips are over-valued at current prices. There’s still a lot of … [Read more...]

Liquid Net Assets as at 8 April 2013

  My cash holding went up a little due to bonuses from earned income. As a result, my liquid assets portfolio now comprises fixed income: 15%, equities: 37% and cash and cash equivalents: 48%. The equities market continues to be firm despite signs that economic growth for 2013 will be lower as compared to 2012. However, Japan’s quantitative easing coupled with the US Fed’s continued easing … [Read more...]

Liquid Net Assets as 11 March 2013

Liquid_Net_Assets_11_March_2013 It’s been a while since I’ve updated FiveCentsTenCents with new content. Just a routine update on my net liquid assets position. As you can see, it’s still pretty much at Equities: 46%, Fixed Income: 14% and cash/cash equivalents: 40%. The great equity sale has not materialised and despite risks to the US and China  economic recovery, equity markets especially … [Read more...]

The Future of Five Cents Ten Cents

This blog has served me well since it started. Besides bringing in a small bit of blogging income, it allowed me to document my journey towards financial freedom. In the process, I learnt more about myself in terms of my thoughts, feelings and actions that bring me closer towards (or further from) my goal of achieving financial freedom. In the many articles I have written about financial … [Read more...]

Lookback at 2012

The year 2012 is ending soon and 2013 awaits us. Investing-wise this has been a good year in that I managed to achieve about 4.4% realised returns on my investible portfolio, it also represented the highest amount of total realised capital gains, dividends received and interest since I started tracking my investment performance in 2003. In terms of personal growth, my daughter is getting older … [Read more...]

Year-End Reflections for Financial Freedom

[Flickr photo by Via Tsuji] When I see Christmas decorations being put up in the shopping malls and offices around Singapore, I get reflective as the calendar year draws yet to another close. My close friends whom I have known for 15+ years are now fathers like myself with families and dependents and our ideas related to financial freedom have also evolved as we mature and grow older. It … [Read more...]

Interim Investment Update – October 2012

Flickr Image By |vvaldzen| After SPH had announced that its Board was proposing a final dividend $0.17 per share (comprising normal dividend of $0.09 per share and a special dividend of $0.08 per share), this brings the total dividends payable to be $0.24 per share for year ending 31 August 2012. Once shareholders approve the dividend payment, my portfolio would have achieved a return of 4.64% … [Read more...]

Last Quarter of Calendar Year 2012 – Are You Learning Anything New?

[Source: Flickr image "Language of the Birds San Francisco" by davidyuweb.] Today is the first of October 2012 and we are officially in the final quarter of calendar year 2012 or third quarter of financial year 2012 (starting 1 April to 31 March of following year). Assuming no major change to my portfolio, I am on track to end calendar year 2012 with a 3.90% realised returns. This just kept … [Read more...]

Life is More than Bread and Water

[Source: Flickr Image by marissa_strniste] I had an epiphany whilst walking along this journey towards financial freedom. It happened when I recalled my old Junior College schoolmate who used to sit next to me along with another friend during Mathematics C lectures. We used to be the “good” boys sitting at the front row of the lecture. After we had completed our “A”-level examinations, we … [Read more...]

Financial Freedom “Gangnam” Style

If you haven’t heard of the korean pop music video “Gangnam Style” by PSY, then you’re missing out on a global viral phenomena that is happening right now. Here is the video for those who haven’t seen it or want to see it again: How to develop your own style towards financial freedom PSY’s “Gangnam Style” music video is an electro-beat heavy, satirical and comedic, visually laden work of … [Read more...]

Developing Your Own Capacity towards Financial Freedom

[Flickr Image Credit: Coral and Sea Life in the John Pennekamp Coral Reef State Park at Key Largo Is Photographed at a Depth of 12 Feet by Schulke, Flip, 1930-2008. US National Archives]  When I reached 40 years of age and left the 30s behind, I realised that life was just beginning for me. My journey towards financial freedom made me realise that one of the key challenges of achieving … [Read more...]

Cleaning up Clutter Towards Financial Freedom

[Credit: Flickr Image By danmachold] I just did some cleaning up of old office files and documents that were accumulated before I joined the department. Some of the files go back more than 10 years. A lot of the documents filed in those old files were overtaken by events or were no longer relevant to our day-to-day operations and had little archival value. De-Cluttering Your Own … [Read more...]